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The fish processing equipment market share is expected to increase by USD 56.36 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 1%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (filleting and skinning equipment, de-heading and gutting equipment, grading equipment, scaling equipment, and others) and geography (APAC, Europe, North America, MEA, and South America).
The fish processing equipment market report also offers information on several market vendors, including Arcos, GEA Group Aktiengesellschaft, KM Fish Machinery AS, Marel Group, Nordischer Maschinenbau Rud. Baader GmbH + Co. KG, Optimar AS, Pisces Fish Machinery Inc., SEAC AB, Skaginn 3X, and Uni-Food Technic A/S among others.
Arcos - The company uses Drying equipment for food processing, which includes both fish processing and meat processing. This includes various processes such as Resting/Curing, Oven/Pre-dryer, and Dryer/Curer. Under the smoking-cooking segment, the company design, manufacture, install and service cooking and smoking equipment for fish and meat food processing.
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Technavio categorizes the global fish processing equipment market as a part of the global industrial machinery market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the fish processing equipment market during the forecast period.
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Fish Processing Equipment Market Driver
Key Fish Processing Equipment Market Challenge
This fish processing equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Our In-house experts produce extensive information on the value chain and parent market of the fish processing equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
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34% of the market’s growth will originate from APAC during the forecast period. China and Vietnam are the key markets for fish processing equipment in APAC. Market growth in this region will be faster than the growth of the market in the North American regions.
APAC has the largest growth momentum in the global fish processing equipment market. The upsurge in population in countries such as China and India has increased the need for various food products, including fish, which, in turn, fuel market growth. The rise in employment of women and the fast-paced life of people have changed their preferences from regular food to processed meals for matching their lifestyles. This has led to an increase in the production of various food products across APAC. This will facilitate the fish processing equipment market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The fish processing equipment market share growth by the filleting and skinning equipment segment will be significant during the forecast period. Many market players are focusing on offering filleting and skinning equipment that is flexible to process different species of fish. They also offer equipment with high speeds and stable running ability without stoppage. These additional features and advances in machines are expected to propel the growth of the filleting and skinning equipment segment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the fish processing equipment market size and actionable market insights on the post-COVID-19 impact on each segment.
Fish Processing Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 1% |
Market growth 2021-2025 |
$ 56.36 million |
Market structure |
Fragmented |
YoY growth (%) |
1.24 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 34% |
Key countries |
China, Norway, US, Vietnam, and Chile |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Arcos, GEA Group Aktiengesellschaft, KM Fish Machinery AS, Marel Group, Nordischer Maschinenbau Rud. Baader GmbH + Co. KG, Optimar AS, Pisces Fish Machinery Inc., SEAC AB, Skaginn 3X, and Uni-Food Technic A/S |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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