DUBLIN--(BUSINESS WIRE)--Aug 28, 2018--The "Commercial Fishing Industry - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the report, the market accounted for $240.99 billion in 2017 and is expected to reach $438.59 billion by 2026 growing at a CAGR of 6.88% during the forecast period.

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 industry market. Moreover, increased demand for aquaculture is a key opportunity observed in the recent years. However, there are a number of harmful effects caused by commercial fishing, such as the exhaustion of marine resources, which are inhibiting the market growth.

Based on species, the ground fish segment acquired significant growth in the market due to the low-fat and high-quality protein content offered by these fish and the ease of incorporation into food applications.

By geography, Asia Pacific is dominating the market and the factors driving the growth of this region are economic growth and the shift of the preferences of the consumers toward value-added processed fish products.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Commercial Fishing Industry Market, By Species

6 Global Commercial Fishing Industry Market, By Types

7 Global Commercial Fishing Industry Market, By Geography

8 Key Developments

9 Company Profiling

Atlantex Liberty Frozen Foods Private Limited Iglo Group K R M Marine Exports Limited Marine Harvest Sri Siddhi Freezers & Exporters Private Limited Armana Limited Andenesfisk AS Sajo Industries High Liner Foods Catamaran Waterbase Solutions Private Limited Hudson Fish Co. Shanghai Kaichuang Marine International Co. Ltd. Toyo Suisan Kaisha Ltd. Tassal Group Ltd. Umami Sustainable Seafood Inc. Charoen Pokphand Foods Maruha Nichiro Corporation Thai Union Frozen Products Public Company Limited

For more information about this report visit https://www.researchandmarkets.com/research/fh6jxg/outlook_on_the?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180828005341/en/

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Related Topics:Commercial Fishing



SOURCE: Research and Markets

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PUB: 08/28/2018 05:58 AM/DISC: 08/28/2018 05:58 AM