Global Mackerel Industry: Key Statistics and Insights in 2024-2032
Mackerel Industry
Summary:
- The global mackerel industry size reached USD 1,071.4 Million in 2023.
- The market is expected to reach USD 1,486.8 Million by 2032, exhibiting a growth rate (CAGR) of 8.08% during 2024-2032.
- Asia Pacific leads the market, accounting for the largest mackerel market share.
- Frozen holds the largest share in the mackerel industry.
- Hypermarkets and supermarkets represent the leading distribution channel segment.
- The rising health awareness and nutritional benefits is a primary driver of the mackerel market.
- The growing demand for sustainable seafood and the increasing popularity of e-commerce and online seafood platforms are reshaping the mackerel market.
Industry Trends and Drivers:
- Rising health awareness and nutritional benefits:
More people are focusing on wellness and choosing nutrient-rich foods. Mackerel is a popular choice. It's high in omega-3 fatty acids, which benefit heart health, brain function, and reduce inflammation. Moreover, mackerel is rich in protein, vitamins, and minerals. This makes it a top pick for those wanting healthy, tasty meals. Concerns about heart disease and cholesterol are driving people towards mackerel's heart-healthy fats. Health experts often recommend mackerel. Online influencers and government campaigns also promote fish for a balanced diet.
- Growing demand for sustainable seafood:
Concerns about overfishing are driving consumers away from tuna and salmon, which are at risk of depletion. They are now turning to more sustainable options like mackerel. Fisheries worldwide are adopting sustainable methods, and mackerel products are increasingly receiving eco-certifications. This boosts consumer confidence. It aligns with the growing trend towards eco-friendly living. People are opting for products with minimal environmental impact. Supermarkets and seafood suppliers are showcasing sustainable options, with mackerel leading the way. Additionally, government regulations and international fishing quotas are ensuring mackerel stocks remain viable.
- Increasing popularity of e-commerce and online seafood platforms:
Online shopping now lets people buy mackerel easily, whether fresh, frozen, or processed. Many sites deliver seafood while keeping it fresh. This is crucial for those far from fish markets. Consumers can find a range of mackerel products online. Options include ready-to-cook fillets and gourmet smoked or marinated mackerel. These platforms cater to diverse tastes. They also offer product details, cooking advice, and nutritional info. This helps buyers make informed choices. The blend of online shopping's convenience and reliable delivery is expanding mackerel's market reach.
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Mackerel Market Report Segmentation:
Breakup By Form:
- Frozen
- Canned
Frozen exhibits a clear dominance in the market due to its extended shelf life and convenience compared to fresh mackerel.
Breakup By Distribution Channel:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online
- Others
Hypermarkets and supermarkets represent the largest segment, as they offer a wide variety of mackerel products and have extensive reach to consumers.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific dominates the market owing to the rising demand for mackerel as a staple food and its leading position in both production and consumption.
Top Mackerel Market Leaders:
The mackerel market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
- Calsense
- FlyBird Farm Innovations Pvt Ltd
- Galcon Ltd.
- Hunter Industries
- HydroPoint Data Systems Inc
- Nelson Irrigation
- Netafim Ltd. (Orbia)
- Rachio Inc.
- Bird Corporation
- The Toro Company
- Valmont Industries Inc.
- Weathermatic
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