Asia Pacific Mackerel Market

Asia Pacific Mackerel Market Size, Share & Industry Trends Analysis Report By Form (Froze and Canned), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Store, Online), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-11932 Publication Date: October-2022 Number of Pages: 61
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Market Report Description

The Asia Pacific Mackerel Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).

Mackerel can be discovered in both tropical and arctic seas. Fresh versions of these fish are normally eaten within a single day. As they only have a one-day storage life, they are also cured or pickled using vinegar and salt in many different nations, which results in their widespread sale of human food. In addition, the development of canning, refrigeration, and other forms of preservation has made mackerel more resilient and accessible all over the world. Comparing the product to other fish, it is more affordable.

As a result of these fishes’ abundant sources of protein, fatty acids, and vitamin B-12, there has also been an increase in consumer demand for them during the course of the projection period. In the years to come, the mackerel market is anticipated to rise as consumers become more aware of the medical benefits of fish, such as immune system boosters and improvements in heart health, bone strength, and cognitive health.

Because fish contains unsaturated essential fatty acids, protein, minerals, and vitamins, eating fish may have health benefits. Consuming fish or fish oil can have additional health benefits related to polyunsaturated fatty acids (PUFAs), particularly docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA). Omega-3 fatty acids found in fish may lower cholesterol levels as well as the risk of stroke, and premature birth. Additionally, it improves mood, especially in women.

China is one of the world's top producers of mackerel. Growth prospects will be positively impacted by breeding through selecting methods that match only the strongest fish in terms of health, weight, size, and desired color. Similarly, Indonesia has seen a significant increase in the mackerel population in the previous years. Production in many Asian nations, including Indonesia, Japan, Vietnam, and others, has grown fast in the past ten years in terms of volume.

The China market dominated the Asia Pacific Mackerel Market by Country in 2021; thereby, achieving a market value of $237.7 million by 2028. The Japan market is registering a CAGR of 4.1% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 5.3% during (2022 - 2028).

Based on Form, the market is segmented into Froze and Canned. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Store, Online and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Mackerel Market is Projected to reach USD 1.3 Billion by 2028, at a CAGR of 4.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thai Union Group PLC, Maruha Nichiro Corporation, Mowi ASA, F.C.F. Fishery Co., Ltd. (Bumble Bee Foods, LLC), Siam Canadian Group Limited, Ocean Treasure World Foods Limited, Pinetree Vietnam Co., Ltd., Subo International, VIETOCEAN SEAFOOD VIETNAM and Ocean More Foods Co., Limited.

Scope of the Study

Market Segments Covered in the Report:

By Form

  • Frozen
  • Canned

By Distribution Channel

  • Hypermarkets & Supermarkets
  • Convenience Store
  • Online
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Thai Union Group PLC
  • Maruha Nichiro Corporation
  • Mowi ASA
  • F.C.F. Fishery Co., Ltd. (Bumble Bee Foods, LLC)
  • Siam Canadian Group Limited
  • Ocean Treasure World Foods Limited
  • Pinetree Vietnam Co., Ltd.
  • Subo International
  • Ocean More Foods Co., Limited
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