Printer Friendly

Stratistics MRC Announces Its New Report, "Commercial Fishing Industry Global Market Outlook - Trends, Forecast, and Opportunity Assessment".

Gaithersburg, MD, December 09, 2015 --(PR.com)-- The Global Commercial Fishing market accounted for $230.4 billion in 2014 and is expected to reach $318 billion by 2022 growing at a CAGR of 4.13% between 2014 and 2022. Ample presence of different kinds of fish such as Tuna, Cord, and Salmon, the expanding demand for a variety of seafood, and increasing awareness about the health benefits of seafood are the major factors stimulating the commercial fishing market. On the other hand, there are a number of harmful effects caused by commercial fishing, such as the exhaustion of marine resources, which has had detrimental effects on the stocks. However increased demand for Aquaculture is a key market trend observed in the recent years.

Several new regulations combined with international treaties and various fishing allocation schemes aim to generate efficiency and restrict the fishing activities. India, Indonesia, Japan, Thailand, and China are highly prominent in commercial fishing in Asia Pacific. Amongst those, China represented more than 30% of the global market for commercial fishing. The Asia Pacific dominates world fisheries market in terms of value, production, and employment. After Asia Pacific, North America constituted the biggest share, led by the U.S. All over the Asia pacific, captured and cultured marine fisheries persist to play a vital role in the food security, poverty mitigation and in the economies of many countries.

The Commercial Fishing market is segmented by type, by species and by geography. Depending on the various types, market is classified as large nets, Line and pole, trolling with single lines and others. Based on species, the market is categorized as Cephalopods, Groundfish, Salmon, Shrimp, Tuna and others. Based on geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. Significant mergers and acquisitions, collaborations, and joint ventures are the industry trends that are playing a major role for the market growth.

The key players in the Commercial Fishing market include K R M Marine Exports Limited, Liberty Frozen Foods Private Limited, Sri Siddhi Freezers & Exporters Private Limited, Andenesfisk As, Armana Limited, Atlantex Sp, High Liner Foods, Iglo Group, Sajo Industries and Marine Harvest.

What the report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements

For more info, kindly visit http://www.strategymrc.com/report/global-commercial-fishing-industry-market-outlook-2015-2022 or write to us at info@strategymrc.com.

Contact Information:

Stratistics Market Research Consulting Pvt Ltd

Krishna Kishore

+1-301-202-5929

Contact via Email

/www.strategymrc.com/

Read the full story here: http://www.pr.com/press-release/649531
COPYRIGHT 2015 PR.com
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR.com (Press Releases)
Date:Dec 9, 2015
Words:499
Previous Article:Welspun Renewables Commissions 126 MW Pratapgarh Wind Project.
Next Article:Stratistics MRC Announces Its New Report, "Dairy Products Global Market Outlook - Trends, Forecast, and Opportunity Assessment".
Topics:

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters