Reports
Global Herring Market: By Type: Atlantic herring, Pacific herring, Others; Regional Analysis; Historical Market and Forecast (2018-2028); 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 2023-2028. 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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global Herring Market Analysis
8.1 Key Industry Highlights
8.2 Global Herring Historical Market (2018-2022)
8.3 Global Herring Market Forecast (2023-2028)
8.4 Global Herring Market by Type
8.4.1 Atlantic Herring
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Pacific Herring
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Herring Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
9 North America Herring Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Herring Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Herring Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.2 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Herring Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Herring Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Barry Group Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Cornelis Vrolijk B.V.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Iceland Seafood International hf
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Nergard AS
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Herring Market: Key Industry Highlights, 2018 and 2028
2. Global Herring Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Herring Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Herring Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global Herring Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America Herring Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America Herring Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Herring Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe Herring Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific Herring Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific Herring Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America Herring Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America Herring Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa Herring Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa Herring Market Forecast: Breakup by Country (USD Million), 2023-2028
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 2023 and 2028.
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 2023-2028, 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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