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Canned Mackerel Market Growth to see Huge Growth with $1.5 Billion by 2031
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Canned Mackerel Market According to a new report published by Allied Market Research, titled, “Canned Mackerel Market," The canned mackerel market size was valued at $771.70 million in 2021, and is estimated to reach $1.5 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031. The canned mackerel processed by oil occupied more than half of the share in the global market in 2021 The vitamins and proteins found in mackerel encourage its consumption because of the apparent health benefits. Mackerel is one of the healthiest sea foods. The market for canned mackerel is expanding because to the flavor, longevity, and nutritional value. Mackerel in cans is convenient to sell and has the same nutritional value as fresh or frozen versions. Download Report Sample
Canned Mackerel Market Request Free Sample Report @ https://www.alliedmarketresearch.com/purchase- enquiry/17288 Frontrunners in the Industry- American Fishing Family • Bolton Group • Brunswick • Diavena • EC plaza network Inc. • FCF Co • Kumpulan Fima Berhad • Maruha Nichiro corporation • Marushin Canneries Malaysia • Mitsubhi Corporation • Thai Union Group PCL Download Report Sample •
Canned Mackerel Market On the basis of distribution channel, the market is categorized into supermarket/hypermarket, specialty stores, on trade, and others. The supermarket/hypermarket segment led the market in terms of share, and is expected to grow at a significant growth rate during the forecast period owing to the expansion of the organized retail in the developing countries. The on trade segment is anticipated to grow at the highest rate during the Canned Mackerel market forecast period. This is attributed to upsurge in number of luxury hotels, bars, & restaurants and increase in number of consumers seeking for attractive ambience and exclusivity. The Canned Mackerel market is segmented into price point, distribution channel, and region. By price point, the market is categorized into economy, mid-range, and luxury. Economy category of Canned Mackerel in terms of price point has been the most preferred choice of Canned Mackerel among the consumers, due to the combination of quality and reasonable pricing. The growth of the Canned Mackerel market is propelled by upsurge in demand for luxury alcoholic beverages of fine quality. In addition, use of Canned Mackerel as an ingredient in wide range of cuisines is expected to drive the Canned Mackerel market growth in the near future. Moreover, manufacturers are increasingly investing in R&D to provide innovative flavors of Canned Mackerel to gain competitive advantage over other players in the market. Download Report Sample
Canned Mackerel Market Region wise, the Canned Mackerel industry is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Belgium, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa). Europe led the market for Canned Mackerel globally, due to high per capita consumption of Canned Mackerel in majority of the countries in Europe, including France, Germany, Italy, and the UK. France accounted for around half of the global consumption of Canned Mackerel in 2018. This is attributed to the fact that Canned Mackerel is produced in the Canned Mackerel region of France, and is shipped to other regions in the country and exported globally. Moreover, consumers in Europe are attracted by new flavors of Canned Mackerels, which has further propelled the growth of the market. However, Asia-Pacific is expected to witness the highest CAGR, owing to rise in average spending of middle income & upper middle income population on luxury goods owing to increase in disposable income in the region. Download Report Sample
Canned Mackerel Market Key Findings of the Study:- • By processing, the oil segment was the highest revenue contributor to the canned mackerel market size, with $396.4 million in 2021, and is estimated to reach $722.2 million by 2031, with a CAGR of 6.0%. • By application, the household segment was the highest revenue contributor to the market, with $504.3 million in 2021, and is estimated to reach $934.6 million by 2031, with a CAGR of 6.2%. • By distribution channel, the specialty stores segment was the highest revenue contributor to the market, with $275.3 million in 2021, and is estimated to reach $523.3 million by 2031, with a CAGR of 6.5%. • Region wise, Asia-Pacific was the highest revenue contributor, accounting for $269.3 million in 2021, and is estimated to reach $540.8 million by 2031, with a CAGR of 7.1%. Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/17288 Download Report Sample
Canned Mackerel Market About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Download Report Sample
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