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Global Herring Market: By Type: Atlantic herring, Pacific herring, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments
Global Herring Market Outlook
The global herring market will expand at a CAGR of 3% in the forecast period of 2022-2027. 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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Global Herring Market: Properties and Applications
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:
- Atlantic Herring
- Pacific Herring
- Others
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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Global Herring Market Analysis
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.
Global Herring Market: Competitive Landscape
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:
- Barry Group Inc.
- Cornelis Vrolijk B.V.
- Iceland Seafood International hf
- Nergard AS
- Others
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 | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Region |
| Breakup by Type | Atlantic herring, Pacific herring, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Barry Group Inc., Cornelis Vrolijk B.V., Iceland Seafood International hf, Nergard AS, Others |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Herring Market Analysis
8.1 Key Industry Highlights
8.2 Global Herring Historical Market (2017-2021)
8.3 Global Herring Market Forecast (2022-2027)
8.4 Global Herring Market by Type
8.4.1 Atlantic Herring
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Pacific Herring
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Herring Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Barry Group Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Cornelis Vrolijk B.V.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Iceland Seafood International hf
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Nergard AS
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Herring Market: Key Industry Highlights, 2016 and 2026
2. Global Herring Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global Herring Market Forecast: Breakup by Type (USD Million), 2022-2027
4. Global Herring Historical Market: Breakup by Region (USD Million), 2017-2021
5. Global Herring Market Forecast: Breakup by Region (USD Million), 2022-2027
6. North America Herring Historical Market: Breakup by Country (USD Million), 2017-2021
7. North America Herring Market Forecast: Breakup by Country (USD Million), 2022-2027
8. Europe Herring Historical Market: Breakup by Country (USD Million), 2017-2021
9. Europe Herring Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Asia Pacific Herring Historical Market: Breakup by Country (USD Million), 2017-2021
11. Asia Pacific Herring Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Latin America Herring Historical Market: Breakup by Country (USD Million), 2017-2021
13. Latin America Herring Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Middle East and Africa Herring Historical Market: Breakup by Country (USD Million), 2017-2021
15. Middle East and Africa Herring Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Global Herring Market Structure
Key Questions Answered in the Report
The global herring market is projected to grow at a CAGR of 3% between 2022 and 2027.
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.
Analyst Review
The global herring market is driven by the rising prevalence of sustainable strategies due to concerns regarding food security and climate change. Aided by growing demand for processed fish and increasing popularity of cured herring fish among consumers, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the herring industry can be segmented into atlantic herring and pacific herring, among others. The major regional markets for global herring are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The key players in the above market include Barry Group Inc., Cornelis Vrolijk B.V., Iceland Seafood International hf, and Nergård AS, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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