Global Haddock Market Report Size, Trends & Growth Opportunity, By Type (Fresh, Frozen, Smoked), By Distribution Channel (Retail Stores, Supermarkets/Hypermarkets, Food Service, Online Sales, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Report ID : IR1001107 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 252
Global Haddock Market Report Size, Trends & Growth Opportunity, By Type (Fresh, Frozen, Smoked), By Distribution Channel (Retail Stores, Supermarkets/Hypermarkets, Food Service, Online Sales, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Global Haddock Market
Global Haddock Market was valued at US$ 723.62Million in 2021, estimated to reach US$ 990.14 Million in 2027, with a CAGR 4.32% from 2022-2027.
A member of the cod family with a mild flavour and firm flesh is called Haddock and this is interchangeable with cod, but it has a somewhat sweeter taste. Haddock is rated one of the best fish to eat because of its high B vitamin, protein, omega-3 fatty acids, and potassium content. They can be distinguished by a black “thumbprint” found on each side of their body.
Market Drivers
Major factor that drives the Haddock market is its nutritional value, because it is richer in B vitamin, protein, omega-3 fatty acids, and potassium content, hence Popularity & consumption of haddock has increased.
Also, it is low in calorie, has no carbohydrates, and is appropriate for people with diabetes or people following a low carbohydrate diet.
Moreover, Frozen haddock is substantially picked up for commodity and import because of its accommodation and longer shelf life.
Market Restraints
Major factors that hamper the haddock market growth are implementation of veganism and volatility in the prices of haddock. The upsurge in veganism has led to plant-based food consumption. Also, consumers are more preferring the veggies, legume, grains and nuts and occasionally having meat.
Market Segmentation
Haddock Market is segmented into major 3 categories. Based on Type, the market is divided into Fresh, Frozen, Smoked. Based on Distribution Channel, the market is segmented into Retail Stores, Supermarkets/Hypermarkets, Food Service, Online Sales, Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Europe region will led the haddock market in forecast period owing to rise in health awareness among consumers and it is a coastal region. In addition, growth of frozen and smoked haddock extended sales channels and a strong preference for environmentally friendly packaged products.
Asia-Pacific is anticipated to maintain its share throughout forecast period owing to China has been gaining main traction for the haddock market. Also Increasing demand for ready-to-eat and ready-to-cook seafood and rising disposable income
Market Key Players
Some of the key players operating in Global Haddock Market are Channel Fish Processing, Channel Seafoods International, CTLE Seafood, Inc., Holmes Seafood, Hottlet Frozen Foods, Marz Seafood, Ocean More Foods Co., Limited, Polar Seafood Greenland A/S, Seacore Seafood Inc., The Fish Company.
Industry development
In 2021 Lerøy Norway Seafoods’ factory in Melbu was awarded the Diversity Award 2021 (Mangfoldsprisen 2021) in Nordland.
Global Haddock Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Haddock Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Haddock Market Share Analysis, By Type
5.3 Global Haddock Market Size and Forecast, By Type
5.3.1 Fresh
5.3.2 Frozen
5.3.3 Smoked
6 Global Haddock Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Haddock Market Share Analysis, By Application
6.3 Global Haddock Market Size and Forecast, By Application
6.3.1 Retail Stores
6.3.2 Supermarkets/Hypermarkets
6.3.3 Food Service
6.3.4 Online Sales
6.3.5 Others
7 Global Haddock Market, By Region
7.1 Global Haddock Market Share Analysis, By Region
7.2 Global Haddock Market Share Analysis, By Region
7.3 Global Haddock Market Size and Forecast, By Region
8 North America Global Haddock Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Global Haddock Market Share Analysis, By Type
8.3 North America Global Haddock Market Size and Forecast, By Application
8.4 North America Global Haddock Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Global Haddock Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Global Haddock Market Share Analysis, By Type
9.3 Europe Global Haddock Market Size and Forecast, By Application
9.4 Europe Global Haddock Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Global Haddock Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Global Haddock Market Share Analysis, By Type
10.3 Asia Pacific Global Haddock Market Size and Forecast, By Application
10.4 Asia Pacific Global Haddock Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Global Haddock Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Global Haddock Market Share Analysis, By Type
11.3 Latin America Global Haddock Market Size and Forecast, By Application
11.4 Latin America Global Haddock Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Global Haddock Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Global Haddock Market Share Analysis, By Type
12.3 Middle East Global Haddock Market Size and Forecast, By Application
12.4 Middle East Global Haddock Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Channel Fish Processing
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Channel Seafoods International
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 CTLE Seafood, Inc.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Holmes Seafood
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Hottlet Frozen Foods
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Marz Seafood
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Ocean More Foods Co., Limited
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Polar Seafood Greenland A/S
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Seacore Seafood Inc.
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 The Fish Company.
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies