According to a new report, published by KBV research, The Global Mackerel Market size is expected to reach $1.3 billion by 2028, rising at a market growth of 4.5% CAGR during the forecast period.
The Frozen market is leading the Global Mackerel Market by Form in 2021; thereby, achieving a market value of $779.1 million by 2028. Fish preservation frequently involves the use of frozen forms. Additionally, the freezing of fish stops all microbial processes that ruin food and kill people. Also, frozen fish or seafood has undergone rigorous microbiological testing, keeping it hygienic and pure for ingestion. Consumers' busy lifestyles and expanding urbanization have cut back on their time for cooking, which has increased the need for convenience foods.
The Online market is anticipated to witness a CAGR of 5.1% during (2022 - 2028). This is due to the young population's growing use of this channel for shopping-related activities. Due to its many advantages, including simple product discoveries and a pleasant buying experience, the online market is expanding. Rising consumption of canned fish supplies globally and new e-commerce business trends are predicted to have a significant impact on the market's expansion.
The Asia Pacific market dominated the Global Mackerel Market by Region in 2021; thereby, achieving a market value of $835.3 million by 2028. The Europe market is poised to grow at a CAGR of 4.2% during (2022 - 2028). Additionally, The North America market would witness a CAGR of 4.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/mackerel-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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By Distribution Channel
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Companies Profiled