COD (Fish) Market Report, Demand, Sales, Trends, Business Strategies and Forecast 2022-2027
According to IMARC Group latest report titled “COD Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on COD (fish) market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global cod market is expected to exhibit a CAGR of 5.43% during 2022-2027.
COD fish is famous as a food with a meaty texture, mild flavor, and blistering white flesh. It is the common name for the demersal fish genus Gadus, belonging to the family Gadidae. It is an essential source of vitamin A, vitamin E, vitamin D, vitamins B-12, phosphorus, protein, omega-3 fatty acids, and niacin. There are two types of cod fish; one of them is Atlantic cod fish, and the other is Pacific cod fish.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The global market is majorly driven by the growing demand for seafood among consumers. In line with this, the increasing global fish production volume and inflating disposable incomes are positively influencing the market. Furthermore, the rising health concerns among consumers are catalyzing the market. Apart from this, the high preference for fish oil in the fitness industry is propelling the demand for cod fish. Moreover, significant growth in online food delivery businesses is creating a positive outlook for the market. Besides this, the presence of a high level of nutrient content in the cod liver is strengthening the demand for cod fish. Additionally, various cardiovascular and mental health benefits offered by the consumption of the product are expected to aid its demand worldwide.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Aalesundfish AS
- Alliance Seafood AS
- ANDREAS BJØRGE SEAFOOD AS
- Arctic Catch AS
- Iceland Seafood International hf
- Lerøy Seafood Group ASA
- Norebo Holding JSC
- Norges Sjømatråd AS
- Norsk Sjømat AS.
COD Market Segmentation:
Our report has categorized the market based on region, species, source, product type and distribution channel.
Breakup by Species:
- Atlantic Cod Fish
- Pacific Cod Fish
- Greenland Cod Fish
Breakup by Source:
- Wild Capture
Breakup by Product Type:
Breakup by Distribution Channel:
- Direct Sales
- Supermarkets and Hypermarkets
- Online Stores
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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