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(EMAILWIRE.COM, April 06, 2018 ) The Europe Fish Processing Market was worth USD 56.8 billion in 2016 and estimated to be growing at a CAGR of 3.9%, to reach USD 68.77 billion by 2021. The market is estimated to show evident potential in the mentioned forecasting period. It continues to gain momentum with the ever increasing demand for fish consumption.
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Fish Processing is the process which starts with the catching of fishes and ends at final shipping to customers. It includes entire species of aquatic organisms, irrespective of the place they are obtained from. Fish is a very perishable food and hence needs to be stored and preserved properly for protection against decaying. Some of the popular fish processes used for fish preservation are surimi, curing, salting, drying, and smoking.
The major driving factors for the market of Europe Fish Processing are presence of sufficient facilities like boats, advanced equipment and others which are estimated to propel the market in future. Apart from this, the increased consumption of fish owing to its high nutritional value as well as increasing demand for different types of seafood is responsible for the growth of market in this region. However, the growing popularity of vegetarian and vegan lifestyles could pose as a major threat for the growth of this market.
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The Europe Fish Processing Market is segmented on the basis of Fish Processing Category into Frozen, Preserved and others. On the basis of Application the market is segmented as Food and Non-Food. The food segment leads the market under the segmentation on the basis of application due to increased inclusion of fish in peoples diets. Based on Source the market is categorized as Marine and Inland. The fish harvested from marine sources lead the market due to the development of new techniques for fishing. On the basis of Species the market is segmented as Fish, Crustaceans, Mollusks and Others. On the basis of Equipment the market is segmented as Slaughtering, Gutting, Scaling, Filleting, Deboning, Skinning, Smoking and Others.
On the basis of geography, the market is analysed under various regions namely Germany, Spain, U.K, Denmark and Netherlands. Portugal has the highest demand for fish in the Europe Fish Processing Market especially for oysters, cods and clams. Few European countries like Spain, Denmark and Poland have Fishery as their major occupation and highly contribute to the GDP of the countries. They export large quantities of fish to other continents.
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Fish Processing Market Segmentation:
Fish Processing Category
Y-o-Y Growth Analysis, By Fish Processing Category
Market Attractiveness Analysis, By Fish Processing Category
Market Share Analysis, By Fish Processing Category
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
Y-o-Y Growth Analysis, By Source
Market Attractiveness Analysis, By Source
Market Share Analysis, By Source
Y-o-Y Growth Analysis, By Species
Market Attractiveness Analysis, By Species
Market Share Analysis, By Species
Y-o-Y Growth Analysis, By Equipment
Market Attractiveness Analysis, By Equipment
Market Share Analysis, By Equipment
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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