Introduction:

Fish Processing Market was valued at US$ 235.7 Billion in 2024 and is projected to grow at a CAGR of 10.40% to reach US$ 579.7 Billion by 2034.

Fish Processing is the chemical or mechanical operations which are performed on fish for preserving or transforming. In various ways fish are processed. Gutting & cleaning is the simple processing technique which is designed for extending shelf life of fish. Fish processing is done by following steps such as firstly sorting fish by sizes, then fish are loaded into machines for removal of head, then fish are moved to cleaning machine for removal of scales, tails, and entrails, removing fins and lastly washing fish thoroughly. Fish processing activities includes, fish dressing, glazing, freezing, salting, milt processing, roe processing, smoking, etc. It also includes some additional process such as extraction of oil, meal production and packaging. Importance of fish processing has driven the market growth because it prevents wastage of fish, prolong shell-life of fish and increase the dollar reserve in country by exportation.

Major factors driving growth of the fish processing market are health benefits and high nutritional value of the fish and fish products, causing the continuous rise in demand of seafood. Dietary habits of consumers and their demand for differentiated as well as value-added seafood products are factors expected to propel growth of the target market in the near future. In addition, government support for fishing activities and technological advancement are also factors expected to fuel the growth of the global fish processing market over the forecast period. However, proper handling of the product for longer shelf life so that it does not lose its nutritional value and desired quality is the primary restraint of the global market.

Fish processing market is segmented on the basis of species, source, product processing category, application, equipment, and region.

On the basis of species, global fish processing market is segmented into fish, crustaceans, mollusks, and others (Turtles and Urchins). Fishes are obtained from freshwater, marine, and inland. Marine segment occupies the largest market share due to modern techniques, and methods of fishing. Categories of processing fish are frozen, preserved, dried, and others (smoked and surimi). Frozen is the most common fish processing type practiced and is expected to generate major revenue share during the forecast period. Based on application, the target market is classified into food and non-food segments. Food occupies the largest market share in fish processing market. Non-food processing application is further sub-segmented as fertilizers, fish oil, industrial uses, fish meal, and cosmetics.  Equipment used for fish processing are Slaughtering, Gutting, Scaling, Filleting, Deboning, Skinning, Curing & Smoking, and others. 

Regional Insights:

The fish processing market is segmented regionally into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. Europe is the dominating region in the global fish processing market. European countries such as Spain, Portugal, Poland, and Denmark have fishery as their main occupation and thus they are leading exporters to the North American and European countries.

Key players operating in the  global fish processing market includes Maruha Nichiro Corporation, Norway Pelagic ASA, Thai Union Frozen Products PLC, Nippon Suisan Kaisha, Ltd., Leroy Seafood Group ASA, Marine Harvest, Dong Won Fisheries, High Liner Foods Incorporated, Findus Group, Faroe Seafood, Kverva, and Hansung Enterprise.

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Species
  • Market Snippet, By Source
  • Market Snippet, By Category
  • Market Snippet, By Equipment
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Fish Processing Market, By Species, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Fish
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Crustaceans
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Molluks
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

Fish Processing Market, By Source, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Freshwater
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Marine
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Inland
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Fish Processing Market, By Category, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Frozen  
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Preserved
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Dried
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

Fish Processing Market, By Equipment, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Slaughtering
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Gutting
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Scaling
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Filleting
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Deboning
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Skinning
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Curing & Smoking
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

Fish Processing Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Food
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Non-Food
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Fish Processing Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Species, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Category, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Equipment, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Species, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Category, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Equipment, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Species, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Category, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Equipment, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific

 

 

• Latin America
  • Market Size and Forecast (US$ Bn), By Species, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Category, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Equipment, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years

 

• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Species, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Category, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Equipment, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years

 

• GCC
• Israel
• South Africa
• Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

 

• Maruha Nichiro Corporation.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Norway Pelagic ASA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Thai Union Frozen Products PLC.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Nippon Suisan Kaisha
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Leroy Seafood Group ASA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Marine Harvest  
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Dong Won Fisheries.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• High Liner Foods Incorporated   
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Findus Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Faroe Seafood.  
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

 

The Last Word

• Future Impact
• About Us
• Contact