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marketinsight1234 · 6 months ago

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Salmon Fish Market: Global Industry Analysis and Forecast 2023 – 2030

Salmon Fish Market Size Was Valued at USD 16.16 Billion in 2022, and is Projected to Reach USD 31.50 Billion by 2030, Growing at a CAGR of 8.7% From 2023-2030.

Salmon is an oily fish variety belonging to the salmonoid family. Salmon fish is highly rich in protein and provides essential nutrients required for a human body, thus, is considered as functional foods and major driver for salmon fish market.

Various health benefits such as lowering of blood pressure, improving the cells function, calming inflammation and reducing the risk of cancer are the key factors that are most likely to boost the market growth salmon fish globally. The rising consumer inclination from carb-based and high-calorie food products towards protein-rich alternatives helps to boost the market growth.

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The latest research on the Salmon Fish market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Salmon Fish industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Salmon Fish market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Salmon Fish Market include:

Trident Seafoods Corporation (USA), Ocean Beauty Seafoods (USA), Clearwater Seafoods Inc. (Canada), Smoked Salmon Processors Association (Canada), Cooke Aquaculture Inc. (Canada), Ocean Wise (Canada), Mowi ASA (Norway), Leroy Seafood AS (Norway), Akvafarmøy AS (Norway), Marine Harvest ASA (Norway), Grieg Seafood ASA (Norway), SalMar ASA (Norway)

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Segmentation of Salmon Fish Market:

By Type

Chinook Salmon

Coho Salmon

Pink Salmon

Red Salmon

Silverbrite Salmon

Salmo Salar

By End Product Type

Fresh

Frozen

Canned

By Distribution Channel

Retail Stores

Supermarkets/ Hypermarkets

Online Sales Channel

By Regions

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

What to Expect in Our Report?

(1) A complete section of the Salmon Fish market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Salmon Fish market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Salmon Fish market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Salmon Fish market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Salmon Fish Market report.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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#Salmon Fish #Salmon Fish Market #Salmon Fish Market Size #Salmon Fish Market Share #Salmon Fish Market Growth #Salmon Fish Market Trend #Salmon Fish Market segment #Salmon Fish Market Opportunity #Salmon Fish Market Analysis 2023

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latestmarketresearchnews · 10 days ago

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Astaxanthin Market Size & Share | Statistics Report 2030

The global astaxanthin market reached a valuation of USD 2.34 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by a rising demand for astaxanthin across various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin’s role in aquaculture is significant, where it is commonly used to enhance the coloration of species such as prawns, salmon, trout, and ornamental fish, increasing their market value. Additionally, astaxanthin offers numerous health benefits to aquatic animals, improving stress tolerance, performance, immune-related gene expression, reproductive capacity, survival rates, and disease resistance. To meet the rising demand in aquaculture, major industry players are focusing on product development and collaborative agreements.

Market growth is further supported by organizations that actively promote awareness of astaxanthin's diverse applications. For example, the Natural Algae Astaxanthin Association (NAXA) is influential in promoting, protecting, and educating the public on the benefits of natural astaxanthin across various industries. NAXA also supports relevant research and offers the NAXA Verification Seal to certify natural astaxanthin products.

To increase the penetration of natural astaxanthin-based products, companies are engaging in strategies such as new product launches and partnerships with influential players in related industries. For instance, Algalif partnered with Divi’s Nutraceuticals in May 2022 to release high-concentration astaxanthin beadlets called AstaBeads, targeting sports nutrition and healthy aging markets. Similarly, The Lubrizol Corporation launched ASTAGILE microcapsules in October 2020, focusing on enhancing cognitive and mental agility for both young and senior adults.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

The astaxanthin market showcases a high degree of innovation, with companies developing novel formulations and sustainable production methods. For example, Sirio Europe (SIRIO) revealed in August, 2023, its plan to introduce two new softgel products targeting the pharmaceutical sector during the CPHI Barcelona 2023 event.

The astaxanthin market is also characterized by a high level of merger and acquisition (M&A) activity by the leading players In January 2022, ENEOS Corporation disclosed its acquisition of Ecocert Inputs Attestation, a globally recognized certification organization. This strategic move strengthens ENEOS' position in the astaxanthin market, particularly for Panaferd-AX. The merger reflects the company's commitment to quality and international standards, contributing to the evolution of the industry.

Product Segmentation Insights:

In 2023, dried algae meal or biomass dominated the market with a share of 25.26%. This significant share is attributed to its applications in biomass production for other forms, such as capsules and tablets, minimal downstream processing, convenient bulk production, and a higher demand for use as animal feed. New product launches in the sector, such as Solabia-Algatech Nutrition Ltd’s AstaPure Arava gummies in October 2022, highlight the growing demand for algal astaxanthin. Additionally, in May 2022, Algalif collaborated with start-up company Marea to create a biodegradable coating using residual algae biomass. These advancements are anticipated to support growth in this segment over the forecast period.

The softgel segment is expected to experience strong growth in the coming years, as softgels are widely favored by consumers for their convenience and suitability for the geriatric population. Veggie softgels, derived from modified cornstarch and glycerin, are particularly popular among nutraceutical companies due to their plant-based origin and minimal side effects. Regulatory approvals are further boosting this segment; for example, in September 2021, NextFerm Technologies obtained regulatory approval in the U.S. to market Astaferm, an innovative antioxidant in oil form for softgels.

These factors collectively contribute to the expansion of the global astaxanthin market across various segments and applications.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

#Astaxanthin Industry #Astaxanthin Market Research #Astaxanthin Market Forecast #Astaxanthin Market Overview

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researchreportinsight · 10 days ago

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Astaxanthin Market – Industry Trends and Forecast Report 2030

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

Product Segmentation Insights:

These factors collectively contribute to the expansion of the global astaxanthin market across various segments and applications.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

#Astaxanthin Industry #Astaxanthin Market Research #Astaxanthin Market Forecast #Astaxanthin Market Overview

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marketresearchintent · 23 days ago

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Carotenoids Market Growth: How Health Supplements and Natural Colorants Are Driving Expansion

The carotenoids market has been steadily gaining momentum, driven by increasing demand across various industries like food, beverages, dietary supplements, cosmetics, and pharmaceuticals. As of 2023, the global carotenoids market was valued at USD 2.2 billion, and projections indicate it will surpass USD 3.6 billion by 2030. This impressive growth corresponds to a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. In this article, we will explore the driving factors behind this surge, the key players, and what lies ahead for the carotenoids industry.

What Are Carotenoids?

Carotenoids are naturally occurring pigments that give fruits, vegetables, and some animal products their vibrant red, orange, and yellow colors. These pigments not only enhance the appearance of food products but also offer a range of health benefits. There are over 600 different types of carotenoids, and they are essential for human health, mainly due to their antioxidant properties. Common carotenoids include beta-carotene, lutein, zeaxanthin, and astaxanthin.

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Market Drivers: Why the Surge in Demand?

1. Health and Wellness Trends

In recent years, there has been a growing awareness of the importance of consuming natural ingredients for maintaining health and wellness. Carotenoids, known for their antioxidant properties, have been linked to several health benefits such as improving eye health, reducing the risk of chronic diseases, and promoting skin health. This increased consumer interest in health and wellness products has driven the demand for carotenoids in the dietary supplements market.

2. Increasing Use in Food and Beverage Industries

Carotenoids are widely used as natural food colorants, replacing synthetic dyes. With a rise in clean-label products, consumers are more conscious of the ingredients in their foods. Food manufacturers are opting for natural colorants like carotenoids to meet consumer demands for healthier and cleaner food options. Carotenoids such as beta-carotene and lycopene are commonly used in processed foods, juices, and dairy products for their coloring and health benefits.

3. Expanding Applications in Cosmetics

The cosmetic industry has also embraced carotenoids for their skin-enhancing properties. Products containing carotenoids, such as astaxanthin and lutein, are becoming popular due to their anti-aging and skin-protective benefits. These carotenoids help in reducing oxidative stress in the skin, improving elasticity, and reducing the appearance of wrinkles, making them a valuable ingredient in anti-aging creams, serums, and sunscreens.

4. Rising Demand in Animal Feed

Carotenoids are increasingly being used in animal nutrition, especially in aquaculture and poultry industries. Astaxanthin, for instance, is commonly added to fish feed to improve the coloration of salmon. Similarly, lutein is used in poultry feed to enhance the color of egg yolks and skin, which is a desirable trait for consumers.

Key Market Segments

1. By Product Type

Beta-Carotene: This segment holds the largest share of the market due to its wide applications in food, pharmaceuticals, and dietary supplements.

Lutein: Known for its eye health benefits, lutein is witnessing growing demand, particularly in supplements and functional foods.

Astaxanthin: Popular in cosmetics and animal feed, astaxanthin is also gaining traction for its antioxidant and anti-inflammatory properties.

Lycopene: Mainly used in food and beverage applications, lycopene is valued for its role in cardiovascular health.

2. By Source

Natural: Carotenoids derived from natural sources like fruits and vegetables are preferred due to the growing trend of organic and clean-label products.

Synthetic: Although there is a preference for natural carotenoids, synthetic variants are still widely used due to their cost-effectiveness and consistency in quality.

3. By Application

Food and Beverages: The largest market segment, with carotenoids being used as both colorants and nutritional enhancers.

Pharmaceuticals and Nutraceuticals: This segment is experiencing rapid growth, driven by the health benefits associated with carotenoids, particularly in eye and cardiovascular health.

Cosmetics: The demand for carotenoid-infused skincare products is on the rise, especially in anti-aging treatments.

Animal Feed: Carotenoids are widely used in aquaculture, poultry, and livestock feed to improve the color and health of the animals.

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Regional Market Insights

1. North America

North America remains one of the leading markets for carotenoids, driven by the region's strong food and beverage industry and increasing consumer awareness of health supplements. The United States, in particular, has a high demand for carotenoids in both dietary supplements and cosmetics.

2. Europe

Europe is another significant market, with strict regulations pushing for natural additives in food products. Countries like Germany and France are at the forefront of the natural food colorant movement, contributing to the high demand for carotenoids.

3. Asia-Pacific

The Asia-Pacific region is expected to experience the fastest growth during the forecast period. Factors such as increasing disposable income, rapid urbanization, and growing health awareness are contributing to this surge. Countries like China, India, and Japan are key players in this market.

4. Latin America and Middle East & Africa

These regions are also witnessing growth, although at a slower pace compared to Asia-Pacific. The demand is mainly driven by the food and beverage sector, but there is also rising interest in the nutraceuticals and cosmetics sectors.

Challenges in the Carotenoids Market

Despite the promising growth, the carotenoids market faces several challenges:

1. High Production Costs

Producing natural carotenoids can be expensive, leading to higher product prices. Synthetic carotenoids offer a more cost-effective alternative, but consumer preference for natural ingredients can limit the adoption of synthetics.

2. Regulatory Barriers

Regulations on the use of carotenoids, especially in food products, vary across regions. Navigating these regulations can be challenging for manufacturers looking to expand globally.

3. Market Competition

The market is highly competitive, with several key players dominating the space. Companies need to invest in research and development to differentiate their products and stay ahead of the competition.

Key Players in the Carotenoids Market

Some of the leading companies in the carotenoids market include:

BASF

Cyanotech

Givaudan

ADM

Zhejiang NHU

Divi's Laboratories

Allied Biotech Corporation

Lycored

Kemin Industries

Fuji Chemical Industries

EW Nutrition

Döhler

BGG World

Ambe Phytoextracts

Wex

These companies are actively involved in product innovation, strategic partnerships, and expanding their production capacities to meet the growing demand for carotenoids.

Future Outlook for the Carotenoids Market

The future of the carotenoids market looks bright, with opportunities for growth in emerging applications like personalized nutrition and advanced skincare products. As consumers continue to seek natural, health-boosting ingredients, the demand for carotenoids is expected to remain strong.

Conclusion

The carotenoids market is poised for significant growth in the coming years, driven by increasing demand across diverse industries. From their health benefits in dietary supplements to their vibrant colors in food products and cosmetics, carotenoids have proven their versatility. While challenges like high production costs and regulatory hurdles exist, the market's upward trajectory shows no signs of slowing down.

FAQs

What are carotenoids used for?

Carotenoids are used as natural colorants in food, dietary supplements, cosmetics, and animal feed. They also offer health benefits like improving eye health and reducing oxidative stress.

Why is the carotenoids market growing?

The market is growing due to increasing consumer demand for natural and clean-label products, as well as the health benefits associated with carotenoids.

Which regions dominate the carotenoids market?

North America and Europe are the leading markets, with the Asia-Pacific region expected to see the fastest growth during the forecast period.

What are the key challenges in the carotenoids market?

High production costs and navigating regulatory barriers are some of the major challenges faced by the carotenoids market.

What industries are driving the demand for carotenoids?

The food and beverage, pharmaceuticals, cosmetics, and animal feed industries are the primary drivers of carotenoid demand.

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industrynewsupdates · 30 days ago

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Astaxanthin Market Segmentation and Competitive Analysis Report 2024 - 2030

The global astaxanthin market size was valued at USD 2.34 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030.

Growing demand for astaxanthin is being fueled by its increasing use in various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages, among others. It is widely used as a food ingredient for prawns and fishes such as salmon, trout, & ornamental fishes to enhance their coloration and increase commercial value. Other benefits for aquatic animals include growth in stress tolerance, performance, immune-related gene expressions, reproductive capacity, improvement in survival, and disease resistance. Major players are focusing on new product developments and collaborative agreements to meet the increasing demand for astaxanthin in aquaculture.

Additionally, presence of organizations that actively promote awareness regarding diverse applications of these products is expected to further drive market growth. For instance, the Natural Algae Astaxanthin Association (NAXA) plays a key role in promoting, protecting, and educating about the benefits of natural astaxanthin in various end-use applications.The association supports research related to natural astaxanthin and certifies products with NAXA Verification Seal.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

Astaxanthin Market Report Highlights

• Based on product, the dried algae meal or biomass segment accounted for the largest share in 2023 due to the high usage as animal feed and lower cost of production

• The aquaculture & animal feed segment was the highest revenue contributor in 2023. Whereas, the nutraceuticals segment is expected to exhibit the fastest CAGR during the projected period

• The Asia Pacific region is expected to grow at the fastest rate over the forecast period due to the rising investments by market players and increasing research activities in the region

Browse through Grand View Research's Pharmaceuticals Industry Research Reports.

• The global antiarrhythmic drugs market size was valued at USD 1.05 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030.

• The global amyloidosis treatment market size was valued at USD 5.39 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030.

Astaxanthin Market Segmentation

Grand View Research has segmented the global astaxanthin market on the basis of source, product, application, and region

Astaxanthin Source Outlook (Revenue, USD Million, 2018 - 2030) (Volumein Metric Tonnes)

• Natural

o Yeast

o Krill/Shrimp

o Microalgae

o Others

• Synthetic

Astaxanthin Product Outlook (Revenue, USD Million, 2018 - 2030)

• Dried Algae Meal or Biomass

• Oil

• Softgel

• Liquid

• Others

Astaxanthin Application Outlook (Revenue, USD Million, 2018 - 2030)

• Nutraceuticals

• Cosmetics

• Aquaculture And Animal Feed

• Food

o Functional Foods And Beverages

o Other Traditional Food Manufacturing Applications

• Others

Astaxanthin Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

o Russia

o Denmark

o Norway

o Sweden

• Asia Pacific

o Japan

o China

o India

o South Korea

o Australia

o Singapore

o Thailand

• Latin America

o Brazil

o Mexico

o Argentina

o Ecuador

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

o Israel

o Kuwait

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

#Astaxanthin Market #Astaxanthin Market size #Astaxanthin Market share #Astaxanthin Market analysis #Astaxanthin Industry

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insightsbyskyquest · 1 month ago

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Smoked Salmon Market: Trends, Growth, and Future Prospects

The smoked salmon market has experienced significant growth over the past decade, driven by increasing consumer demand for gourmet food products, the rise of health-conscious eating, and the popularity of seafood as a protein source. Smoked salmon, known for its rich flavor and versatility, has found its way into homes, restaurants, and cafes, becoming a staple in many cuisines worldwide.

Market Overview

Global Smoked Salmon Market size was valued at USD 4.99 billion in 2023 to USD 7.71 billion by 2031, growing at a CAGR of 5.6% in the forecast period (2024-2031). Factors contributing to this growth include rising disposable incomes, the increasing popularity of ready-to-eat meals, and a growing trend toward healthy snacking options.

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The market is characterized by the presence of several key players, including: Mowi ASA, Marine Harvest, Cermaq Group AS, Lerøy Seafood Group ASA, SalMar ASA, Russian Sea Group, Trident Seafoods Corporation, Labeyrie Fine Foods, Norwegian Royal Salmon ASA, Multiexport Foods, Cooke Inc., BioMar Group, Empresas AquaChile, Thai Union Group, High Liner Foods, Grieg Seafood ASA, Faroe Seafood, Tassal Group Limited, Icicle Seafoods Inc., Mowi Canada West, Pinnacle Foods, Domstein ASA, Blue Circle Foods, Sterling Caviar LLC, Kycklingproducenter Kronfågel AB

These companies are continually innovating, developing new flavors and products, and expanding their distribution channels to meet consumer preferences.

Consumer Trends

Health Consciousness: As consumers become more health-conscious, the demand for omega-3 fatty acids and lean proteins has risen. Smoked salmon is often marketed for its health benefits, appealing to this demographic.

Gourmet Experience: The rise of culinary tourism and interest in gourmet food has fueled demand for high-quality smoked salmon products. Consumers are increasingly willing to pay a premium for artisanal and sustainably sourced options.

Sustainability: With growing awareness of environmental issues, consumers are seeking out sustainably sourced seafood. Companies that emphasize responsible fishing practices and environmental stewardship are gaining a competitive edge.

Convenience: The demand for convenient, ready-to-eat meals is shaping the market. Smoked salmon is often featured in quick meal solutions, such as salads, wraps, and breakfast options, catering to busy lifestyles.

Smoked Salmon Market Segmental Analysis

The worldwide smoked salmon market is segmented on the premise of type, sale channel and area.

By kind, the marketplace is segmented into warm smoked salmon, cold smoked salmon.

By sale channel, the market is segmented into food service sector, retail sector.

By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

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Future Prospects

Looking ahead, the smoked salmon market is poised for continued growth. Key trends that may shape the future include:

Product Innovation: New flavor profiles, such as spicy or herb-infused varieties, and creative packaging solutions will likely attract diverse consumer segments.

E-commerce Growth: The rise of online grocery shopping presents opportunities for brands to reach new customers. Investing in digital marketing and e-commerce platforms will be essential for future success.

Sustainability Initiatives: Brands that prioritize sustainable sourcing and transparent supply chains are likely to resonate with environmentally conscious consumers.

Global Expansion: As international cuisine becomes more popular, opportunities for smoked salmon to enter new markets, particularly in Asia and South America, are promising.

The smoked salmon market is vibrant and dynamic, driven by evolving consumer preferences and health trends. While challenges exist, the overall outlook is optimistic, with ample opportunities for growth and innovation. As companies adapt to the changing landscape, the future of smoked salmon looks bright, promising a delicious and healthy addition to culinary experiences around the world.

#SmokedSalmon #SeafoodLovers #HealthyEating #GourmetFood #SustainableSeafood #FoodTrends #Omega3 #ArtisanSalmon #CulinaryDelights #ReadyToEat #SalmonRecipes #SeafoodSustainability #Foodie #SnackSmart #GourmetSnacking

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foodandbeverages · 2 months ago

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Fishmeal & Fish Oil Market Segmentation Application, Technology & Market Analysis Research Report To 2033

The fishmeal and fish oil market is anticipated to reach a value of US$ 7.4 billion in 2023 and US$ 13.0 billion in 2033. During the projection period, fishmeal and fish oil sales are anticipated to expand at a substantial CAGR of 5.8%.

The production of fishmeal and fish oil is expected to increase moderately in the coming years as a result of improved by-product utilization and a growing aquaculture industry.

According to the OECD, aquaculture's contribution to global fish culture will continue to grow and will surpass that of fisheries by 2024. Aquaculture production is expected to reach 105 million tons by 2029, ten million tons more than the capture sector.

As feed demand has increased in tandem with increased aquaculture production, the inclusion of fish meal and fish oil in feed recipes has clearly declined, and has been partially replaced by vegetable substitutes such as soymeal and rapeseed oil.

Due to their scarcity, fishmeal and fish oil will be employed more frequently as strategic ingredients at lower percentages and for particular production stages.

The development and dynamics of the markets for fish oil and fishmeal on a worldwide scale can be influenced by a variety of variables. Included in them are extrinsic variables like the weather and environment, fishery management, trade policies, etc.

Information Source: https://www.futuremarketinsights.com/reports/fishmeal-and-fish-oil-market

Key Takeaways from the Fishmeal & Fish Oil Market

The fishmeal and fish oil market were dominated by salmon and trout and is expected to grow at a CAGR of 5.6% by 2033. This is because salmon oil is high in the omega-3 fats DHA and EPA. Consuming omega-3 fatty acids from salmon oil has been linked to a number of health benefits.

Pharmaceutical sector will register a growth of 5.4% and lead the application segment. Pharmaceutical industry will be highly benefitted from the fish oil and fish feed market owing to growing trend of fish-based supplementation and high adoptability of fish by-products in medical sector.

The U.S. to contribute a whooping US$ 4.6 billion by 2033 in the global market. Favorable policies and the thriving marine industry are the key reason driving the market in the region.

The U.K. is witnessing a growth of 4.9% in the fish oil and fish feed market. The growing concern and awareness on animal nutrition and well being is the key factor behind this significant growth of the region.

China is the most lucrative region among all growing at an astonishing rate of 5.2%. China is the top consumer of fish and fish products among other regions. Growing awareness on cardiac issues is promoting the adoption of fish oil among population.

Asia Pacific is likely to be the dominant region for the market till the end of the forecast period.

Latest Developments

In April 2022, Evolve Supplements initiated its online store for aiding in the buying process for consumers.

In April 2022, Trident Seafoods came out with its Omega 3 food for dogs. They forayed into the pet food market with this initiative.

Key Segments Fish meal & Fish Oil Market

Source:

Salmon & Trout

Marine Fish

Crustaceans

Tilapia

Carps

Application:

Aquaculture & Aquatic Feeds

Land Animal Feeds and Livestock

Agriculture and Fertilizers

Pharmaceuticals

Dietary Supplements

By Region:

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific excluding Japan (APEJ)

Japan

The Middle East & Africa (MEA)

#Fishmeal & Fish Oil Market

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trendingreportz · 3 months ago

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DNA Vaccines Market - Forecast(2024 - 2030)

DNA Vaccines Market is forecast to reach revenue of $9.43 Billion by 2025, growing at a CAGR of 33.86% during the forecast period 2020-2025. DNA vaccines are composed of deoxyribonucleic acid, which encodes antigens and stimulates a wider range of immune responses in the body with few side effects. DNA based Vaccines concept deliver to cells after which the gene is expressed and can generate the protein of interest. Clinical trials of some DNA vaccines have shown promising results in the treatment of several types of cancers like metastatic melanoma, prostate carcinoma, pancreatic cancer, and other solid tumors. The demand for DNA Vaccines is experiencing rapid growth owing to factors such as adoption of DNA Vaccines in Healthcare, Low cost, Increasing Technology, fewer side effects, increasing awareness about Health professionals and others. With the rise of COVID-19 pandemic throughout the world

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Key Takeaways

North America dominates the DNA Vaccines Market owing to the increasing prevalence of infectious diseases in countries such as U.S and Canada.

Adoption of DNA Vaccines in Healthcare, Low cost, Increasing Technology, fewer side effects, increasing awareness about Health professionals are some of the key factors which are leading the demand for DNA Vaccines.

With the current COVID-19 Outbreak there is a huge demand for vaccination that can hack to build better immunity in order to fight the virus

Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the DNA Vaccines Market.

By Type – Segment Analysis

Based on the types, the DNA Vaccines Market is segmented into Human DNA Vaccines and Animal DNA Vaccines. Animal DNA vaccine is dominating the market in 2019 and is estimated to grow at a CAGR of 19.8% during the forecast period 2020-2025. This is owing to the unavailability of human DNA vaccines in the market along with the rising incidence of canine melanoma and other animal diseases. Animal vaccines are third generation vaccines and contain DNA that codes for specific proteins from a pathogen. This DNA is injected into host body and produces protein for which the body generates immune response. Moreover, the strong pipeline of human targeted vaccines is likely to aid in the market growth

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By Application – Segment Analysis

Based on the applications, DNA Vaccines Market is segmented into Human Diseases which includes applications in Oncology, Infectious Disease, Allergies, and Veterinary Disease. The Veterinary Disease based on application is forecast to grow at a higher CAGR during the forecast period 2020-2025 owing to availability of DNA vaccines for animal diseases that includes canine melanoma vaccine (DOG), West Nile Innovator (Horse), Life tide-SW5 (Swine and other food animals) and Apex-IHN (Salmon fish).

By Geography – Segment Analysis

Based on the geography the DNA Vaccines Market has covered globally viz North America, South America, Europe, Asia Pacific (APAC) and Rest of World (ROW). The Market in North America accounts for 43.7% of the total market share, which is attributed by government initiatives to immune citizens, coupled with high awareness regarding the benefits of genetic vaccines targeted towards animals.

Asia Pacific region is set to be the highest growth during the forecast period 2020-2025 owing to rising awareness of people regarding the advantages of immunization against HPV and Hepatitis B. Additionally, it is estimated that the DNA Vaccines Market is set to grow exponentially during the forecast period 2020-2025 owing to COVID-19 outbreak.

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Market Drivers - DNA Vaccines Market

Rising Demand for effective treatment of infectious disease in driving market

DNA Vaccines used to kill and stop the growth of microorganisms. These drugs can act as a defense system for the human body and neutralize the action of disease causative agents. With increasing research activities and Increasing awareness and extensive R&D drugs, there is rising demand for treatment of infectious diseases

Challenges - DNA Vaccines Market

The main area of uncertainty is related to the immunological impact, tissue distribution and persistence after injection and whether the DNA vaccine can leak into the environment. This, in turn, create a challenging point for the growth of DNA Vaccine. Also, with, the limited efficiency of plasmid-based techniques precluded their use in the creation of more accurate human cell models is one of the challenges for DNA Vaccine Market

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Vitamin & Mineral Industry Outlook

Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the DNA Vaccines Market. In 2019, DNA Vaccines Market share is consolidated by the top ten players present in the market. DNA Vaccines Market Top 10 companies include Inovio Biomedical Corp, Merck & Co., Mitsubishi Tanabe, Dendreon Corporation, ASTELLAS PHARMA, Dynavax Technologies, Sanofi, Tekmira Pharmaceuticals GlaxoSmithKline Corp, Protein Sciences Corp.among others.

Acquisitions/Product Launches

In February 2020, Merck& Co announced the formation of a new, independent publicly-traded company focused on its Women’s Health, trusted Legacy Brands, and Biosimilars business.

In February 2019, Merck & Co announced its acquisition of Immune Design Corp for nearly $300 million, gaining access to its immunotherapy programs.

#dna vaccines market #dna vaccines market size #dna vaccines market shape #dna vaccines market forecast #dna vaccines market analysis #dna vaccines market report #dna vaccines market research #dna vaccines market price #DNA vaccines for humans #dna vaccines for animals

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tamanna31 · 3 months ago

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Astaxanthin Market: key Vendors, Trends, Analysis, Segmentation, Forecast to 2024-2030

Astaxanthin Industry Overview

The global astaxanthin market size was valued at USD 2.34 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. Growing demand for astaxanthin is being fueled by its increasing use in various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages, among others. It is widely used as a food ingredient for prawns and fishes such as salmon, trout, & ornamental fishes to enhance their coloration and increase commercial value. Other benefits for aquatic animals include growth in stress tolerance, performance, immune-related gene expressions, reproductive capacity, improvement in survival, and disease resistance. Major players are focusing on new product developments and collaborative agreements to meet the increasing demand for astaxanthin in aquaculture.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

Companies are adopting strategies such as new product launches and partnerships with strong players in end-use industries to increase the penetration of natural astaxanthin-based products. For instance, in May 2022, Algalif and Divi’s Nutraceuticals partnered to launch high-concentration astaxanthin beadlets, AstaBeads. This partnership is expected to increase the penetration of these products in sports nutrition & healthy aging applications. Moreover, in October 2020, The Lubrizol Corporation launched ASTAGILE microcapsules to support healthy aging and mental agility in young & senior adults.

In addition, in May, 2022, Algalif and Divi’s Nutraceuticals collaborated to create highly concentrated beadlets of sustainable natural astaxanthin. Algalif, situated in Iceland, employs a production process powered by renewable energy, yielding premium astaxanthin oleoresin from microalgae. Divi’s, leveraging its proficiency in formulating fat-soluble ingredients, then converts this oleoresin into the exclusive AstaBead beadlets, boasting a remarkable 5% astaxanthin content. This innovative approach harnesses the advantages of natural source while ensuring sustainability and high concentration, demonstrating a commitment to both environmental responsibility and product excellence.

New Dietary Ingredient (NDI) Guidance issued new guidelines and increasing the daily dose of from 7.8 mg to 12 mg, which led to the development of new products by manufacturers. For instance, BCG received approval for two natural products in Europe with daily dose of more than 7.8 mg.The presence of stringent regulatory guidelines by the Food Safety and Standards Authority of India (FSSAI) in India, which focuses on the safety of ingredients used in supplements, has attracted consumers toward dietary supplements. Increase in investments by foreign and private investors is expected to contribute to market growth.

Government initiatives will further offer lucrative opportunities during the review period. For instance, In September 2023, the EU Commission approved an extension to the regulation of novel food astaxanthin-rich oleoresin, now allowing its use in younger age groups. This decision follows a submission to the Commission, requesting the expansion of use to two specific age categories. The approval is based on safe dosages determined from the acceptable daily intake (ADI) of Astaxanthin. This revision aligns more accurately with the EFSA opinion on algae-based Astaxanthin, confirming the safety of the indicated dosages for each respective age group within the population.

Browse through Grand View Research's Pharmaceuticals Industry Research Reports.

The global ankylosing spondylitis market size was valued at USD 5.78 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030.

The global opioid use disorder market size was valued at USD 4.59 billion in 2023 and is projected to grow at a CAGR of 11.65% from 2024 to 2030.

Key Companies & Market Share Insights

Some of the key players operating in market include Algatech Ltd; Cyanotech Corporation, and ALGAMO. Key players in the market are contributing toward their growth by geographical expansion to gain higher market share. In addition, companies are focusing on gaining market approvals for innovative products to help in management of different health conditions.

Collaborations with research institutes and academic organizations to provide the products & services and engage in new contracts is the major strategy adopted by emerging market players. Additionally, these players may be more flexible and agile than established players in terms of responding and changing to market needs and demand, allowing them to quickly adapt and develop new technologies.

Key Astaxanthin Companies:

Algatech Ltd

MicroA

Cyanotech Corporation

Algalíf Iceland ehf

Beijing Gingko Group (BGG)

PIVEG, Inc.

Fuji Chemical Industries Co., Ltd

ENEOS Corporation

Atacama Bio Natural Products S.A.

E.I.D. – Parry (India) Limited (Alimtec S.A., Valensa International)

Recent Developments

In October 2023, Algatech Ltd, received National Organic Program (NOP) Certification for the company’s algae-derived astaxanthin.

In March 2023, AstaReal partnered with raw material distributor C.F.M. Co. Farmaceutica Milanese to offer comprehensive technical, regulatory, scientific, and logistical support to nutraceutical producers in Italy. This collaboration aims to address the increasing market demand for natural astaxanthin, a proven antioxidant with health benefits, positioning AstaReal as the premier natural astaxanthin brand in Italy. Obtained from regrown microalgae Haematococcus pluvialis, AstaReal's astaxanthin is highlighted for its environmentally sustainable sourcing.

In May 2022, Iceland's Algalif signed an agreement with a start-up company, Marea, to develop a biodegradable good coating from leftover algal biomass.

In October 2022, Solabia-Algatech launched Astaxanthin Gummies with vitamin C, which contain no preservatives or synthetic colors. Each gummy has 4mg astaxanthin algae complex.

In April 2022, BGG announced second expansion of pristine region’s astaxanthin farm capacity in last 2 years and expected to maximize its production capacity. Such initiatives are contributing to the market growth.

Order a free sample PDF of the Astaxanthin Market Study, published by Grand View Research.

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credenceresearchdotblog · 3 months ago

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The Microalgae-based Aquafeed market is projected to grow from USD 274.31 million in 2024 to USD 483.79 million by 2032, reflecting a compound annual growth rate (CAGR) of 7.35%.The global aquaculture industry is undergoing a transformation, driven by the need for sustainable and efficient feed solutions. One of the most promising innovations in this field is the development of microalgae-based aquafeed. This burgeoning market not only addresses environmental concerns but also offers economic and nutritional advantages, positioning itself as a key player in the future of aquaculture.Microalgae-based aquafeed refers to the use of microalgae, single-celled aquatic organisms, as a primary or supplementary ingredient in feed for aquatic species. Microalgae are rich in essential nutrients, including proteins, lipids, vitamins, and minerals, making them a highly nutritious feed option. Additionally, they offer several benefits over traditional feed ingredients, such as fishmeal and soybean meal.

Browse the full report at https://www.credenceresearch.com/report/microalgae-based-aquafeed-market

Market Drivers

1. Sustainability Concerns: Traditional aquafeed often relies on fishmeal derived from wild fish stocks, contributing to overfishing and ecological imbalance. Microalgae-based feed, however, can be produced sustainably and does not deplete marine resources. This shift aligns with global sustainability goals and regulatory pressures aimed at reducing the environmental impact of aquaculture.

2. Nutritional Advantages: Microalgae are known for their high protein content and the presence of omega-3 fatty acids, which are essential for the growth and health of aquatic species. The nutritional profile of microalgae can enhance the quality of the final aquaculture products, leading to healthier fish and shellfish with improved growth rates.

3. Growing Aquaculture Industry: The expansion of the aquaculture industry to meet the rising demand for seafood is driving the need for innovative feed solutions. Microalgae-based feeds are increasingly being adopted as a viable alternative to traditional feeds, particularly in high-value aquaculture sectors such as salmon farming.

4. Research and Technological Advancements: Ongoing research into microalgae cultivation and processing technologies is making it more feasible and cost-effective to produce high-quality microalgae-based feeds. Advances in biotechnology and algae farming methods are improving yields and reducing production costs, further driving market growth.

Market Trends

1. Increased Investment and Research: Significant investments are being made in the development of microalgae-based aquafeed. Both public and private sectors are funding research to optimize algae strains, enhance production techniques, and scale up manufacturing processes.

2. Expansion of Application Areas: While the primary focus has been on finfish species, there is growing interest in applying microalgae-based feeds to other aquaculture segments, such as crustaceans and mollusks. This diversification opens up new market opportunities and potential revenue streams.

3. Consumer Awareness and Preferences: As consumers become more conscious of sustainability and the environmental impact of their food choices, there is increasing demand for sustainably sourced seafood. Microalgae-based aquafeed meets this demand by supporting eco-friendly aquaculture practices.

Challenges and Opportunities

1. Production Costs: Despite advancements, the production of microalgae-based feeds remains more expensive compared to traditional feed ingredients. However, as technology advances and economies of scale are achieved, costs are expected to decrease, making microalgae-based feeds more competitive.

2. Regulatory and Market Acceptance: Gaining regulatory approval and market acceptance can be challenging. Companies must navigate regulatory frameworks and demonstrate the efficacy and safety of microalgae-based feeds to gain widespread adoption.

3. Supply Chain Development: Building a robust supply chain for microalgae cultivation, processing, and distribution is crucial for market growth. Collaborations between algae producers, feed manufacturers, and aquaculture operations will be key to scaling up production and distribution.

Key Player Analysis

Koninklijke DSM N.V.

The Archer-Daniels-Midland Company

Corbion N.V.

Cellana Inc.

Solabia Group

Evergen Resources

Greentech Group

Algalimento SL

Kessler Zoologiegrosshandel GmbH & Co. KG

A4F Algae for Future

Segments:

Based on Species:

Spirulina

Chlorella

Nannochloropsis

Isochrysis

Others

Based on Aquatic Animal:

Fish

Mollusks

Crustaceans

Others

Based on the Geography:

North America

Canada

Mexico

Europe

Germany

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/microalgae-based-aquafeed-market

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marketinsight1234 · 9 months ago

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Salmon Fish Market: Global Industry Analysis and Forecast 2023 – 2030

Salmon Fish Market Size Was Valued at USD 16.16 Billion in 2022, and is Projected to Reach USD 31.50 Billion by 2030, Growing at a CAGR of 8.7% From 2023-2030.

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Leading players involved in the Salmon Fish Market include:

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Segmentation of Salmon Fish Market:

By Type

Chinook Salmon

Coho Salmon

Pink Salmon

Red Salmon

Silverbrite Salmon

Salmo Salar

By End Product Type

Fresh

Frozen

Canned

By Distribution Channel

Retail Stores

Supermarkets/ Hypermarkets

Online Sales Channel

By Regions

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

What to Expect in Our Report?

(1) A complete section of the Salmon Fish market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(5) Readers are provided with findings and conclusion of the research study provided in the Salmon Fish Market report.

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priyanshisingh · 3 months ago

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Fish Can Market Projections: Global Industry Analysis and Forecast (2023-2032)

The Fish Can Market is projected to grow from USD 1,210.5 million in 2024 to USD 1,606.36 million by 2032, reflecting a compound annual growth rate (CAGR) of 3.60%.

A fish can is a sealed container used to preserve fish, typically through processes such as canning, which involves cooking the fish and sealing it in a tin or aluminum can. This method extends the shelf life of the fish, making it a convenient and long-lasting food product. Fish cans are commonly used for a variety of fish species, including tuna, salmon, sardines, and mackerel. The preservation process ensures that the nutritional value of the fish is largely retained, providing a ready-to-eat protein source that is rich in omega-3 fatty acids, vitamins, and minerals. Fish cans are popular for their convenience, affordability, and ease of storage, making them a staple in many households and an essential item in emergency food supplies. They are available in various sizes and can be found in both oil-packed and water-packed varieties, catering to different consumer preferences.

The fish can market presents several promising opportunities for growth and innovation:

Rising Demand for Convenient and Nutritious Foods: As consumers increasingly seek convenient and nutritious food options, canned fish offers a practical solution due to its long shelf life, ease of preparation, and high nutritional value, including essential omega-3 fatty acids.

Expansion into Emerging Markets: The growing middle-class population and urbanization in emerging markets provide significant opportunities for canned fish products, as these regions experience a shift towards packaged and convenient food options.

Health and Wellness Trends: The trend towards health-conscious eating is driving demand for fish products perceived as healthier alternatives to red meat. Brands can capitalize on this by marketing canned fish as a natural, low-fat, and high-protein food source.

Innovation in Product Varieties and Flavors: Introducing new varieties and flavors, including gourmet options and ethnic-inspired flavors, can attract a broader consumer base. Additionally, offering organic, sustainably sourced, or premium quality options can appeal to niche markets.

Sustainable and Eco-friendly Packaging: Increasing consumer awareness of environmental issues presents an opportunity for companies to adopt sustainable packaging solutions, such as recyclable or biodegradable cans, which can enhance brand appeal and meet regulatory requirements.

Online Retail Growth: The rise of e-commerce and online grocery shopping offers a platform for expanding the distribution of canned fish products. Brands can leverage digital marketing and direct-to-consumer sales channels to reach a wider audience.

Private Label and Store Brands: The growing popularity of private label products presents opportunities for manufacturers to partner with retailers in producing high-quality canned fish products under store brands, often at competitive price points.

Dietary and Specialty Markets: Canned fish products can be positioned to cater to specific dietary needs, such as low-sodium, gluten-free, or ketogenic diets, tapping into health-conscious and specialized consumer segments.

Sustainable Fishing Practices: Companies that commit to sustainable fishing practices can differentiate their products in the market, appealing to environmentally conscious consumers and meeting increasing regulatory and market demands for sustainability.

Expansion of Ready-to-Eat and Ready-to-Cook Products: Expanding product lines to include ready-to-eat or ready-to-cook canned fish meals, such as salads, spreads, or meal kits, can attract busy consumers looking for quick and easy meal solutions.

Key Player Analysis

Crown Holdings, Inc.

Ardagh Group

Amcor Plc

Silgan Metal Packaging

Massilly Holding S.A.S

Colep Packaging

HUBER Packaging Group

Tinmasters

Sonoco Products Company

Trivium Packaging.

Jean Anid & Fils S.A.L.

MIVISA ENVASES, S.A.U.

SARTEN AMBALAJ SAN. VE TIC. A.S.

Nussbaum Matzingen AG

Hoffmann Neopac AG

Toyo Seikan Group Holdings, Ltd.

More About Report- https://www.credenceresearch.com/report/fish-can-market

The fish can market is driven by several key factors that influence its growth and development:

Health and Nutritional Benefits: Canned fish is recognized for its high nutritional value, providing essential nutrients like omega-3 fatty acids, protein, vitamins, and minerals. This health benefit is a significant driver, especially as consumers become more health-conscious and seek out nutritious food options.

Convenience and Long Shelf Life: The convenience of canned fish, which requires no refrigeration and has a long shelf life, makes it an attractive option for consumers looking for easy-to-store and ready-to-eat meals. This is particularly appealing for busy lifestyles and for stocking emergency food supplies.

Rising Demand for Affordable Protein Sources: Canned fish is often more affordable than fresh or frozen fish, providing a cost-effective protein source. This affordability drives demand, particularly in price-sensitive markets and during economic downturns.

Expanding Product Variety and Innovation: The introduction of new canned fish varieties, flavors, and packaging innovations enhances consumer appeal. Products that cater to specific dietary preferences, such as low-sodium, organic, or sustainably sourced options, are particularly popular.

Increasing Awareness of Sustainable Fishing Practices: Growing consumer awareness and concern for environmental sustainability are driving demand for canned fish products sourced through sustainable fishing practices. Brands that emphasize eco-friendly practices and certifications, such as MSC (Marine Stewardship Council) certification, can attract environmentally conscious consumers.

Growth of the Retail and E-commerce Sector: The expansion of the retail sector, including supermarkets, hypermarkets, and convenience stores, as well as the growth of e-commerce platforms, has made canned fish products more accessible to a broader consumer base. Online sales, in particular, offer an opportunity for brands to reach new customers and markets.

Urbanization and Changing Lifestyles: Urbanization and changing lifestyles, including increased female workforce participation and smaller household sizes, are driving the demand for convenient, ready-to-eat food products like canned fish.

Globalization and Cultural Exchange: The globalization of food cultures and increasing exposure to different cuisines are expanding the popularity of canned fish products, including those used in traditional and ethnic dishes.

Government and Industry Support: Supportive government policies and initiatives aimed at promoting seafood consumption for health benefits, as well as efforts by industry associations to promote canned fish products, contribute to market growth.

Consumer Trust in Food Safety: The perception of canned fish as a safe and reliable food option, free from contamination concerns often associated with fresh seafood, helps maintain consumer trust and drives market demand.

Segments:

Based on Capacity:

Less than 200 gm

200 to 750 gm

Above 750 gm

Based on Can Type:

Based on End Use:

Food processing industry

Pharmaceuticals industry

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blueweave8 · 4 months ago

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UAE Seafood Market Industry Trends, Report 2023-2030

BlueWeave Consulting, a leading strategic consulting and Market research firm, in its recent study, estimated UAE Seafood Market size by value at USD 1.29 billion in 2023. During the forecast period bexpands24 and 2030, BlueWeave expects UAE Seafood Market size to expand at a CAGR of 3.57% reaching a value of USD 1.93 billion by 2030. UAE Seafood Market has experienced significant growth in recent years, driven by a combination of increasing consumer demand, the government’s initiatives to boost local production, and the country's strategic position as a global trade hub. The market offers a diverse range of seafood, including both locally sourced and imported varieties. Key factors contributing to the market's expansion include the rising health consciousness among consumers, who are increasingly opting for protein-rich, low-fat food options, and the growing popularity of seafood in the region's culinary scene. The UAE's advanced infrastructure, coupled with strong logistics and supply chain networks, has further facilitated the efficient distribution and availability of seafood products.

By volume, BlueWeave estimated UAE Seafood Market size at 3.51 million tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects UAE Seafood Market size to expand at a CAGR of 3.94% reaching a volume of 4.77 million tons by 2030. The government’s efforts have played a crucial role in shaping UAE Seafood Market. Initiatives such as the National Food Security Strategy 2051 aim to enhance the sustainability and self-sufficiency of local seafood production. Investments in aquaculture and sustainable fishing practices are helping to reduce dependence on imports and ensuring a stable supply of high-quality seafood. The implementation of stringent quality control measures and certification standards has also boosted consumer confidence in the safety and quality of seafood products. Therefore, UAE Seafood Market is poised for continued growth, supported by a favorable regulatory environment and an increasing focus on innovation and sustainability in the sector.

Opportunity – Diversification of seafood offerings

UAE Seafood Market is flourishing due to a growing appetite for variety. Consumers, with rising disposable incomes, are seeking new and exciting options beyond traditional fish. The trend creates a demand for premium seafood like lobster, scallops, and exotic species. The market is responding by offering a wider selection, attracting new customers, and boosting overall growth.

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Impact of Escalating Geopolitical Tensions on UAE Seafood Market

Escalating geopolitical tensions, particularly in the Gulf region, have significantly impacted UAE Seafood Market. Trade disruptions and heightened maritime security risks have increased logistical challenges and costs for seafood imports, which the UAE heavily relies on. For instance, tensions between Iran and the US have led to stricter naval patrols in the Strait of Hormuz, a critical passage for global trade. Additionally, the Russia-Ukraine conflict has affected the supply of seafood from Eastern Europe, leading to increased prices and supply shortages. These factors have pushed the UAE to bolster its aquaculture initiatives to reduce dependency on imports and ensure food security amidst an unpredictable geopolitical climate.

Fish Is Most Popular Seafood in UAE Market by Type

UAE Seafood Market, on the basis of type is divided into Fish, Molluscs, and Crustaceans segments. The fish segment holds the largest share in UAE Seafood Market by type. With its diverse range of species including tuna, salmon, and grouper, fish consumption dominates the market due to its popularity among consumers and its versatility in culinary applications. Factors such as cultural preferences, health considerations, and accessibility contribute to the significant demand for fish products. Additionally, the UAE's coastal location and robust fishing industry further bolster the prominence of fish in the seafood market, making it the leading segment in terms of both consumption and economic value.

Fresh/Chilled Seafood Holds Largest Share in UAE Market by Form

By form, UAE Seafood Market is divided into Canned, Fresh/Chilled, and Frozen, and Processed segments. The fresh/chilled segment holds the largest market share, owing to the region's proximity to fishing grounds and the preference for freshly caught seafood. The segment often encompasses a wide variety of fish, shellfish, and crustaceans, catering to both local consumption and export demands. The popularity of fresh seafood aligns with consumer preferences for high-quality, nutritious options. While the canned and frozen segments also hold significance, the fresh/chilled segment tends to dominate due to its appeal to culinary traditions and the growing demand for premium seafood products in the UAE market.

Competitive Landscape

UAE Seafood Market is fiercely competitive. Major companies in the Market include Al Islami Foods, Almunajem Foods, Global Food Industries LLC, Enhance Group Holding Company Limited, Golden Dunes General Trading LLC, Krustasia Foods LLC, Tabuk Fisheries Co., The Deep Seafood Company, and The Savola Group. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in UAE Seafood Market.

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[email protected]

#UAE Seafood Market

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ashu-digiroads-01 · 6 months ago

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Unveiling the Ingredients: Decoding Quality in Dehydrated Dog Food

Introduction:

In the ever-growing landscape of pet care products, one segment that has gained significant attention is dehydrated dog food. As pet owners become increasingly conscious of what they feed their furry companions, the demand for high-quality, nutritious options has surged. In this blog post, we'll delve into the world of dehydrated dog food, exploring its ingredients and shedding light on what makes it a preferred choice for many pet parents.

Understanding the Dehydrated Dog Food Market:

The dehydrated dog food market has witnessed remarkable growth in recent years, driven by factors such as increasing awareness about pet nutrition, rising disposable incomes, and a shift towards natural and minimally processed foods. Unlike traditional kibble or canned dog food, dehydrated options offer a unique proposition by preserving nutrients through a gentle dehydration process.

Ingredients Matter:

Quality dehydrated dog food stands out for its premium ingredients, carefully selected to provide optimal nutrition for canine companions. Let's take a closer look at some key ingredients commonly found in top-tier dehydrated dog food products:

High-Quality Proteins: Proteins serve as the building blocks for a dog's muscles, organs, and immune system. Look for dehydrated dog foods that feature real, high-quality sources of protein such as chicken, turkey, beef, or fish. These proteins should be free from fillers, by-products, and artificial additives.

Nutrient-Rich Fruits and Vegetables: Just like humans, dogs benefit from a diverse array of fruits and vegetables in their diet. Dehydrated dog foods often include ingredients like sweet potatoes, peas, carrots, blueberries, and spinach, which provide essential vitamins, minerals, and antioxidants.

Healthy Fats: Dogs require a balanced intake of fats for energy, skin and coat health, and overall well-being. Look for dehydrated dog foods that incorporate sources of healthy fats such as salmon oil, flaxseed, or coconut oil. These fats should be rich in omega-3 and omega-6 fatty acids, which support skin and coat health, joint function, and cognitive function.

Natural Preservatives: To maintain freshness without the need for artificial preservatives, quality dehydrated dog food market often utilize natural preservatives such as mixed tocopherols (a source of vitamin E) or rosemary extract. These ingredients help extend shelf life while ensuring the product remains wholesome and nutritious.

Probiotics and Prebiotics: Gut health plays a crucial role in a dog's overall health and immunity. Some premium dehydrated dog foods may contain probiotics and prebiotics, which promote a healthy balance of gut bacteria and aid in digestion and nutrient absorption.

Benefits of Dehydrated Dog Food:

Choosing dehydrated dog food offers several benefits for both pets and their owners:

Nutrient Retention: The dehydration process gently removes moisture while preserving the nutritional integrity of the ingredients, ensuring that dogs receive essential vitamins, minerals, and enzymes.

Convenience: Dehydrated dog food typically comes in lightweight, compact packages that are easy to store and transport, making it convenient for pet owners, especially those with busy lifestyles or limited storage space.

Customization: Many dehydrated dog food brands offer customization options, allowing pet owners to tailor the food to their dog's specific dietary needs, preferences, and health concerns.

Reduced Allergen Risk: By avoiding common allergens and fillers found in traditional dog foods, quality dehydrated options may be suitable for dogs with food sensitivities or allergies.

Conclusion:

As the demand for premium pet nutrition continues to rise, understanding the ingredients that go into quality dehydrated dog food market is paramount for pet owners seeking the best for their canine companions. By prioritizing real, nutrient-rich ingredients and avoiding fillers and artificial additives, pet parents can provide their dogs with a diet that promotes health, vitality, and longevity.

In a market flooded with options, discerning pet owners can make informed choices that prioritize their dog's well-being, ensuring that every meal is a nourishing and enjoyable experience.

#dehydrated dog food market

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jassicaleo318 · 8 months ago

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Omega-3 Market: Trends, Challenges, and Opportunities in the Nutraceutical Industry

The Omega-3 market represents a significant segment within the global nutraceutical and dietary supplement industry, driven by increasing consumer awareness of the health benefits associated with Omega-3 fatty acids. This article provides an overview of the Omega-3 market, including its sources, applications, health benefits, key players, and future prospects.

Sources of Omega-3 Fatty Acids

Omega-3 fatty acids are essential polyunsaturated fats that are crucial for maintaining overall health. The primary dietary sources of Omega-3 fatty acids include:

Fish Oil: Fish oil is one of the richest sources of Omega-3 fatty acids, particularly eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA). Cold-water fatty fish such as salmon, mackerel, and sardines are commonly used to extract fish oil.

Algal Oil: Algal oil is derived from microalgae and is a vegetarian source of Omega-3 fatty acids, particularly DHA. It is increasingly popular among vegetarians, vegans, and individuals looking for sustainable alternatives to fish oil.

Flaxseed Oil: Flaxseed oil is a plant-based source of Omega-3 fatty acids, primarily alpha-linolenic acid (ALA). It is commonly used as a dietary supplement and is also incorporated into various food products.

Krill Oil: Krill oil is extracted from Antarctic krill, tiny shrimp-like crustaceans, and contains Omega-3 fatty acids in the form of EPA and DHA. It is known for its high bioavailability and antioxidant properties.

Applications and Health Benefits

Omega-3 fatty acids offer a wide range of health benefits, making them a popular ingredient in dietary supplements, functional foods, and pharmaceuticals. Some of the key applications and health benefits associated with Omega-3 fatty acids include:

Cardiovascular Health: Omega-3 fatty acids have been shown to reduce the risk of heart disease by lowering triglyceride levels, reducing inflammation, and improving blood vessel function.

Brain Health and Cognitive Function: DHA, in particular, is critical for brain development and cognitive function, making Omega-3 supplements popular among children, pregnant women, and the elderly.

Joint Health: Omega-3 fatty acids have anti-inflammatory properties that may help reduce joint pain and stiffness associated with conditions such as arthritis.

Eye Health: DHA is a major component of the retina, and adequate intake of Omega-3 fatty acids may help prevent age-related macular degeneration and other eye disorders.

Skin Health: Omega-3 fatty acids play a role in maintaining skin health by supporting hydration, reducing inflammation, and protecting against UV damage.

Key Players in the Omega-3 Market

The Omega-3 market is characterized by a diverse range of players, including:

DSM Nutritional Products: DSM is a leading global supplier of Omega-3 fatty acids, offering a wide range of fish oil and algal oil-based ingredients for dietary supplements and functional foods.

BASF SE: BASF is a major player in the Omega-3 market, producing high-quality Omega-3 fatty acids derived from fish oil, algal oil, and krill oil for use in dietary supplements and pharmaceuticals.

Croda International Plc: Croda offers a range of Omega-3 ingredients, including fish oil concentrates, algal oil, and flaxseed oil, catering to the dietary supplement, food, and pharmaceutical industries.

Epax AS: Epax specializes in the production of premium Omega-3 concentrates derived from fish oil, offering custom formulations and innovative delivery formats to meet customer needs.

Aker BioMarine: Aker BioMarine is a leading supplier of krill-derived Omega-3 ingredients, known for its sustainable harvesting practices and high-quality products.

Future Prospects

The Omega-3 market is expected to continue growing steadily, driven by several factors:

Increasing Consumer Awareness: Growing awareness of the health benefits of Omega-3 fatty acids, coupled with rising concerns about chronic diseases such as heart disease and cognitive decline, is driving demand for Omega-3 supplements and functional foods.

Expansion of Product Offerings: Manufacturers are increasingly focusing on product innovation, offering a variety of Omega-3 supplements in different formulations, dosages, and delivery formats to cater to diverse consumer preferences.

Focus on Sustainability: With sustainability becoming a key concern for consumers, there is a growing emphasis on sustainable sourcing practices, such as responsible fishing and algal farming, to ensure the long-term availability of Omega-3 fatty acids.

Emerging Markets: Rapid urbanization, changing dietary patterns, and increasing disposable incomes in emerging markets present significant growth opportunities for the Omega-3 market, particularly in Asia-Pacific and Latin America.

Market Trends

Several key trends are shaping the Omega-3 market:

Personalized Nutrition: With increasing interest in personalized nutrition and health optimization, there is a growing demand for tailored Omega-3 supplements that address specific health concerns or nutritional needs, such as prenatal health, sports performance, and cognitive function.

Plant-Based Alternatives: As consumer preferences shift towards plant-based diets and sustainability, there is growing interest in plant-based Omega-3 alternatives, such as algal oil and flaxseed oil. These vegetarian and vegan sources of Omega-3 fatty acids appeal to a broader audience and offer sustainable alternatives to traditional fish oil supplements.

Functional Foods and Beverages: The incorporation of Omega-3 fatty acids into functional foods and beverages is gaining traction, driven by consumer demand for convenient and enjoyable ways to improve their health. Omega-3 fortified products such as bread, milk, yogurt, and beverages offer consumers additional health benefits beyond traditional dietary supplements.

Online Retailing: The rise of e-commerce platforms has transformed the distribution landscape for Omega-3 supplements, enabling direct-to-consumer sales and expanding access to a wider range of products. Online retailers offer convenience, competitive pricing, and access to product reviews and information, driving growth in the online Omega-3 market.

Challenges and Opportunities

Despite the growth opportunities, the Omega-3 market faces several challenges:

Quality Control: Ensuring the quality and purity of Omega-3 supplements remains a challenge due to variability in raw materials, manufacturing processes, and storage conditions. Robust quality control measures, including raw material testing, production monitoring, and product analysis, are essential to maintain product integrity and consumer trust.

Price Volatility: The Omega-3 market is susceptible to price volatility due to fluctuations in fish oil supply, global fish stocks, and environmental factors. Price instability can impact product pricing, profitability, and market competitiveness, necessitating effective supply chain management and risk mitigation strategies.

Competitive Landscape: The Omega-3 market is highly competitive, with numerous players vying for market share. Differentiation through product innovation, branding, marketing, and value-added services is critical to stand out in a crowded market and capture consumer attention.

Health Claims and Marketing: Strict regulations govern health claims and marketing practices for Omega-3 supplements, requiring manufacturers to substantiate claims with scientific evidence and comply with labeling requirements. Clear communication of health benefits, dosage recommendations, and potential side effects is essential to educate consumers and build trust in the brand.

#omega3 #omega3market #market research #health #growth

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agriculturalmarkets · 8 months ago

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Dive Deeper: Exploring the Thriving Aquaculture Market

Aquaculture Market Size and Growth

Hey there, ocean enthusiasts and foodies alike! Today, let's dive into the fascinating world of aquaculture, the practice of raising aquatic plants and animals in controlled environments. But beyond the fishy facts, we'll be exploring the booming aquaculture market with insights from Market Research Future (MRFR)!

Hold onto your pearls, because the aquaculture market is projected to be a USD 237.3 billion behemoth by 2030, growing at a steady CAGR of 71 %. This surge is fueled by several currents:

Rising Demand for Seafood: Our love for yummy seafood like shrimp, salmon, and tilapia is only growing! Aquaculture helps meet this demand sustainably.

Increasing Disposable Income: As wallets get fatter, people are more willing to splurge on high-quality, healthy seafood options.

Environmental Concerns: Overfishing and pollution threaten our oceans. Aquaculture offers a controlled environment for responsible and sustainable production.

Technological Advancements: Innovations like recirculating aquaculture systems (RAS) and improved disease management techniques are propelling the industry forward.

A Diverse Market: Segmentation and Key Players

The aquaculture market isn't a one-size-fits-all operation. It's divided into different segments based on:

Species: From finfish like salmon and tilapia to shellfish like oysters and clams, the market caters to a variety of aquatic life.

Culture Environment: From freshwater ponds and cages to saltwater cages and land-based tanks, the environment plays a crucial role.

Production System: Intensive, semi-intensive, and extensive systems cater to different scales of production and management practices.

Giants like Cargill, Inc. and Thai Union Group PCL are major players, but the market also harbors exciting smaller players focusing on niche segments like organic or specific species.

Request Free Sample - Receive a complimentary sample of our report to evaluate the quality and relevance of our research.

Beyond the Surface: Market Dynamics and Trends

There's more to this market than meets the eye. Here are some key trends shaping its future:

Focus on Sustainability: Consumers are increasingly eco-conscious, demanding sustainable and environmentally friendly aquaculture practices.

Intensification and Automation: Expect advancements in technology like automation and data analytics to improve efficiency and production capacity.

Disease Management: Maintaining healthy fish populations is critical. New disease prevention and treatment methods are constantly being developed.

Emerging Markets: The rise of aquaculture in developing nations like China and India presents significant growth potential.

MRFR: Your Guide to Navigating the Market

At MRFR, we offer comprehensive market research reports and in-depth analysis to help businesses navigate the dynamic waters of the aquaculture market. Our reports cover:

Market size and growth projections by segment and region

Detailed analysis of key drivers, trends, and challenges

Competitive landscape and key players' market share

Emerging market potential and strategic insights

The Final Splash

The aquaculture market share is brimming with possibilities. By understanding the market dynamics, embracing sustainable practices, and utilizing cutting-edge technologies, businesses can create ripples of positive change in this exciting and ever-evolving industry.

Want to learn more? Dive deep into MRFR's reports on the Aquaculture Market and join the conversation! #aquaculture #sustainablefishing #seafood #marketresearch #MRFR

#aquaculture #sustainablefishing #seafood #marketresearch #mrfr

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