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Global Herring Market Outlook
The global herring market will expand at a CAGR of 3% in the forecast period of 2021-2026. 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.
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.
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:
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.
Key Questions Answered in the Global Herring Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Herring Market Analysis
6.1 Global Herring Historical Market (2016-2020) & Forecast (2021-2026)
6.2 Global Herring Market Breakup by Type
6.2.1 Atlantic herring
6.2.2 Pacific herring
6.3 Global Herring Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Atlantic herring
6.3.2 Pacific herring
6.4 Global Herring Market Breakup by Region
6.4.1 North America
18.104.22.168 United States of America
22.214.171.124 United Kingdom
6.4.3 Asia Pacific
6.4.4 Latin America
6.4.5 Middle East & Africa
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
6.5 Global Herring Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
6.5.3 Asia Pacific
6.5.4 Latin America
6.5.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1 Barry Group Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Cornelis Vrolijk
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Iceland Seafood International hf
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Maruha Nichiro Corp. (TYO: 1333)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Nergård AS
9.5.1 Company Overview
9.5.2 Financial Analysis
10 Events and Developments
Additional Customization Available:
11 Feedstock Analysis
12 Procurement Strategy
12.1 Value Chain Analysis
12.2 Contract Terms
12.3 Buying and Sourcing Trends
12.4 Storage and Warehousing
12.5 Certifications and Regulations
12.6 Risk Factors
13 Trade Data Analysis
13.1 Major Exporting Countries: By Value and Volume
13.2 Major Importing Countries: By Value and Volume
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
15 Cost Analysis and Project Economics
15.1 Land, Location and Site Development
15.3 Plant Machinery
15.4 Cost of Raw Material
15.9 Other Capital Investment
16 Production Cost Analysis
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