Groundfish Market by Product and Geography - Forecast and Analysis 2021-2025
- Published: Aug 2021
- Pages: 120
- SKU: IRTNTR43600
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The groundfish market has the potential to grow by USD 10.22 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.47%.
This groundfish market research report provides valuable insights on 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 (Alaska pollock, blue whiting, Atlantic cod, hake, and others) and geography (Europe, North America, APAC, South America, and MEA). The groundfish market report also offers information on several market vendors, including AS More Codfish Co., Bluenose Seafood, Global Seafoods North America LLC, Greenland Seafood Europe GmbH, High Liner Foods Inc., Mowi ASA, Nomad Foods Ltd., The Fishin Co., Trident Seafoods Corp., and Youngs Seafood Ltd. among others.
What will the Groundfish Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Groundfish Market
Groundfish Market: Key Drivers and Trends
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The new product launches are notably driving the groundfish market growth, although factors such as the threat of overfishing may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the groundfish industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
This groundfish 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.
Who are the Major Groundfish Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- AS More Codfish Co.
- Bluenose Seafood
- Global Seafoods North America LLC
- Greenland Seafood Europe GmbH
- High Liner Foods Inc.
- Mowi ASA
- Nomad Foods Ltd.
- The Fishin Co.
- Trident Seafoods Corp.
- Youngs Seafood Ltd.
This statistical study of the groundfish market encompasses successful business strategies deployed by the key vendors. The groundfish market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The groundfish market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Groundfish Market?
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43% of the market’s growth will originate from Europe during the forecast period. The UK, Spain, and the Netherlands are the key markets for groundfish in Europe. However, the market growth rate in Europe will be slower than the growth of the market in other regions.
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.
What are the Revenue-generating Product Segments in the Groundfish Market?
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The groundfish market share growth by the Alaska pollock segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the groundfish market size and actionable market insights on post COVID-19 impact on each segment.
What are the Key Factors Covered in this Groundfish Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive groundfish market growth during the next five years
- Precise estimation of the groundfish market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the groundfish industry across Europe, North America, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of groundfish market vendors
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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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- The Netherlands
- New product launches
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