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The global herring market will expand at a CAGR of 3% in the forecast period of 2024-2032. The herring market is driven by sustainable strategies, which include the promotion of micronutrient-rich consumption of small pelagic fish.
Such measures are being taken by developing and underdeveloped nations as part of their development strategies for adult health and development of children. Issues of food security and climate change have prompted the fishing industry to pursue sustainable approaches to fisheries. Additionally, the Marine Stewardship Council (MSC) certifies herring products for conservation with a blue MSC tag. Regulatory bodies are imposing strict regulations to minimize bycatches in the pelagic fishing industry. Such sustainable approaches to fishing embraced by actors in the socially responsible fish value chain, such as governments, politicians, industry groups, and regulatory bodies, will be one of the key herring market trends that will drive the herring market growth in the coming years.
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The herring is a fairly small silvery fish that is most abundant in coastal waters and is of widespread commercial importance.
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The herring market can be divided based on type into:
The EMR report looks into the regional herring markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The global herring market is driven by the high perishability and the increased demand for fish in the non-coastal areas, which has increased the value of processed fish. The growing demand for processed fish would help to reduce waste due to spoilage and allow the widespread distribution of fish varieties throughout the world through the export of processed fish is expected to aid the herring market. Market vendors automate their processing facilities increasingly to handle large quantities of pelagic fish, including herring. Processed herring fish are packed into vacuum bags containing brine based on seawater. Such products are kept at an optimum temperature to ensure long shelf life and high standards of performance. The popularity among consumers of cured herring fish is also increasing, which is aiding the herring market growth. The growing demand for processed fish will, thus, be a major factor in the forecast period contributing to the growth of the herring market.
The report presents a detailed analysis of the following key players in the global herring market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the herring market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global herring market is projected to grow at a CAGR of 3% between 2024 and 2032.
The major drivers of the market are growing demand for processed fish, increasing popularity of cured herring fish among consumers, rise in health awareness, increase in usage of pickled or smoked herring, and increase in usage of herring to avoid heart disease, diabetes, and other inflammatory diseases.
Key trends include sustainable strategies including the promotion of micronutrient-rich consumption of small pelagic fish and the rising demand for fish in non-coastal locations.
The major regions in the industry are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The types of herring in the industry are atlantic herring and pacific herring, among others.
The major players in the industry are Barry Group Inc., Cornelis Vrolijk B.V., Iceland Seafood International hf, and Nergård AS, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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