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Growing interest in healthy eating, coupled with a high-quality year-round supply of frozen mackerel is fueling the growth in the market.
DUBAI , UAE, June 21, 2021 /PRNewswire/ -- The global frozen mackerel market is expected to surpass US$ 1.05 Bn , growing at a 5.8% CAGR during the forecast period 2021-2031. The demand for frozen mackerel has been spurred during the pandemic, as consumers exhibited a higher inclination towards healthy eating, surging the sales by 5% between 2020 and 2021.
According to a study by the National Centre for Biotechnology Information, approximately 2% of anemic patients suffer from vitamin B12 deficiency, and 18% suffering from macrocystis showed vitamin B12 deficiency. Vitamin B12 deficiency is can also cause neurological damage, which makes it one of the most important nutrients for the human body.
Vitamin B12 deficiency is more common in the elderly population, regardless of the cause. Mackerel offers a range of health benefits such as vitamin B12, omega-3 fatty acids, and anti-inflammatory properties. The benefits derived from mackerel are driving the sales in the market.
Frozen fish and seafood are gaining high popularity in the foodservice sector due to their longer shelf life (18-24 months), and consistent yearly high quality. Freezing fish and seafood also ensures sustainability, allowing optimized usage by reducing wastage by around 25%.
Additionally, frozen mackerel is subjected to extensive microbiological testing to ensure safety and avoid contamination. These factors are augmenting the market growth and will have a positive impact on sales throughout the forecast period, finds ESOMAR-certified consulting firm FMI in this study.
The COVID-19 outbreak has a significant impact on the frozen mackerel market, due to the restrictions affecting the short-term demand. However, with relaxations in 2021, and improvements in the supply chain, the market is anticipated to witness a speedy recovery, which will propel the sales throughout the forecast period.
As per this study by FMI, North America will continue to dominate the frozen mackerel market during the forecast period, which is attributable to growing concerns about health in a fast-paced lifestyle in the region.
"Owing to the health benefits derived by mackerel, along with easy availability and longer shelf life will drive sales in the food sector, pharmaceutical industry, animal feed, and other domains," remarks an FMI analyst.
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Discover more about the frozen mackerel market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/reports/frozen-mackerel-market
As per FMI's analysis, players operating in the frozen mackerel market are focusing on developing their network with distributors to expand their reach to a bigger consumer base, due to the high demand and scope for application for frozen mackerel. Manufacturers are also concentrating on acquiring smaller firms, which will help them expand their production capacity and distribution network. For instance:
Some prominent players operating in the frozen mackerel market include:
More Insights on FMI's Frozen Mackerel Market
The latest market study on the frozen mackerel market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai , and has delivery centres in the UK, U.S., and India . FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai , and has delivery centers in the UK, U.S. and India . FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Abhishek Budholiya Future Market Insights, 1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A, Jumeirah Lakes Towers, Dubai , United Arab Emirates For Sales Enquiries: [email protected] For Media Enquiries: [email protected] Website: https://www.futuremarketinsights.com/ Report: https://www.futuremarketinsights.com/reports/frozen-mackerel-market Press Release Source: https://www.futuremarketinsights.com/press-release/frozen-mackerel-market
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