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Report

Fin Fish Market Report by Fish Type (Tropical Fin Fish, and Others), Environment (Freshwater, Marine Water, Brackish Water), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), and Region 2024-2032

Market Report I 2024-04-08 I 138 Pages I IMARC Group

The global fin fish market size reached US$ 194.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 274.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.82% during 2024-2032.

Fin fish refers to a species of cartilaginous fish characterized by bony spines or rays protruding from the body. They are a rich source of phosphorus, calcium, and other minerals, such as iron, zinc, iodine, magnesium, and potassium. Snappers, salmon, tuna, milkfish, pompano, seabass, catfish, groupers, tilapia, and sea bass are some common fin fish types. Their regular consumption aids in improving cardiovascular health, brain function, eyesight, and skin, preventing oxidative stress to the thyroid gland, and repairing damaged tissues. Fin fish are cultivated in three types of environments, which include brackish, marine water, and freshwater. Their production also involves feeding, regular stocking, and conservation of aquatic life.

Fin Fish Market Trends:
The significant growth in the food and beverage (F&B) industry across the globe is creating a positive outlook for the market. Fin fish is widely used for preparing various dishes, such as sandwiches, rice dishes, and pasta and are also used in salt herring, salmon, and salmon eggs. In line with this, the rising health consciousness and the increasing demand for protein-rich food among the masses is favoring the market growth. Apart from this, various technological innovations in fishing equipment that helps decrease the complexities and endeavors in fishing and aquafarming are providing an impetus to the market growth. Moreover, the widespread adoption of salmon, tuna, Maine sardines, and mackerel in ready-to-eat (RTE) meals due to the increasing working population, hectic schedules, and busy lifestyles is positively influencing the market growth. Other factors, including the rising demand for seafood cuisines, increasing expenditure capacities of consumers, and the implementation of various government initiatives supporting fish farming, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fin fish market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on fish type, environment and distribution channel.

Breakup by Fish Type:

Tropical Fin Fish
Pompano
Snappers
Groupers
Salmon
Milkfish
Tuna
Tilapia
Catfish
Seabass
Others

Breakup by Environment:

Freshwater
Marine Water
Brackish Water

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Blue Ridge Aquaculture Inc., Cermaq Group AS (Mitsubishi Corporation), Eastern Fish Company, Leroy Seafood Group ASA (Austevoll Seafood ASA), Mowi ASA, P/F Bakkafrost, Stehr Group Pty Ltd., Tassal Group Limited, Thai Union Group PCL and Wanchese Fish Company (Cooke Inc.).

Key Questions Answered in This Report

1. What was the size of the global fin fish market in 2023?
2. What is the expected growth rate of the global fin fish market during 2024-2032?
3. What are the key factors driving the global fin fish market?
4. What has been the impact of COVID-19 on the global fin fish market?
5. What is the breakup of the global fin fish market based on the fish type?
6. What is the breakup of the global fin fish market based on the environment?
7. What is the breakup of the global fin fish market based on the distribution channel?
8. What are the key regions in the global fin fish market?
9. Who are the key players/companies in the global fin fish market?

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Fin Fish Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Fish Type
6.1 Tropical Fin Fish
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Pompano
6.1.2.2 Snappers
6.1.2.3 Groupers
6.1.2.4 Salmon
6.1.2.5 Milkfish
6.1.2.6 Tuna
6.1.2.7 Tilapia
6.1.2.8 Catfish
6.1.2.9 Seabass
6.1.2.10 Others
6.1.3 Market Forecast
6.2 Others
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Environment
7.1 Freshwater
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Marine Water
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Brackish Water
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialty Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Blue Ridge Aquaculture Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Cermaq Group AS (Mitsubishi Corporation)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 SWOT Analysis
14.3.3 Eastern Fish Company
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Leroy Seafood Group ASA (Austevoll Seafood ASA)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Mowi ASA
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 P/F Bakkafrost
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Stehr Group Pty Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Tassal Group Limited
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 SWOT Analysis
14.3.9 Thai Union Group PCL
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Wanchese Fish Company (Cooke Inc.)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio

Figure 1: Global: Fin Fish Market: Major Drivers and Challenges
Figure 2: Global: Fin Fish Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Fin Fish Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Fin Fish Market: Breakup by Fish Type (in %), 2023
Figure 5: Global: Fin Fish Market: Breakup by Environment (in %), 2023
Figure 6: Global: Fin Fish Market: Breakup by Distribution Channel (in %), 2023
Figure 7: Global: Fin Fish Market: Breakup by Region (in %), 2023
Figure 8: Global: Fin Fish (Tropical Fin Fish) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Fin Fish (Tropical Fin Fish) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Fin Fish (Other Fish Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Fin Fish (Other Fish Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Fin Fish (Freshwater) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Fin Fish (Freshwater) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Fin Fish (Marine Water) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Fin Fish (Marine Water) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Fin Fish (Brackish Water) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Fin Fish (Brackish Water) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Fin Fish (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Fin Fish (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Fin Fish (Convenience Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Fin Fish (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Fin Fish (Specialty Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Fin Fish (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Fin Fish (Online Stores) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Fin Fish (Online Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Fin Fish (Other Distribution Channels) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Fin Fish (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: North America: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: North America: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: United States: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: United States: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Canada: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Canada: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Asia-Pacific: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Asia-Pacific: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: China: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: China: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Japan: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Japan: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: India: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: India: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: South Korea: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: South Korea: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Australia: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Australia: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Indonesia: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Indonesia: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Others: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Others: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Europe: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Europe: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Germany: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Germany: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: France: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: France: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: United Kingdom: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: United Kingdom: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Italy: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Italy: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Spain: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Spain: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Russia: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Russia: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Others: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Others: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Latin America: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Latin America: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Brazil: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Brazil: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Mexico: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Mexico: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Others: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Others: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Middle East and Africa: Fin Fish Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Middle East and Africa: Fin Fish Market: Breakup by Country (in %), 2023
Figure 76: Middle East and Africa: Fin Fish Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Global: Fin Fish Industry: SWOT Analysis
Figure 78: Global: Fin Fish Industry: Value Chain Analysis
Figure 79: Global: Fin Fish Industry: Porter's Five Forces Analysis

Table 1: Global: Fin Fish Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Fin Fish Market Forecast: Breakup by Fish Type (in Million US$), 2024-2032
Table 3: Global: Fin Fish Market Forecast: Breakup by Environment (in Million US$), 2024-2032
Table 4: Global: Fin Fish Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 5: Global: Fin Fish Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Fin Fish Market: Competitive Structure
Table 7: Global: Fin Fish Market: Key Players

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