China Fish Market, By Type (Carp, Tilapia, Salmon, Catfish, and Other Fish Species); By End-User (Residential, Hotels, Restaurants, Quick Service Restaurants, and Others) Trend Analysis, Competitive Market Share & Forecast, 2021-2028

China Fish Market, By Type (Carp, Tilapia, Salmon, Catfish, and Other Fish Species); By End-User (Residential, Hotels, Restaurants, Quick Service Restaurants, and Others) Trend Analysis, Competitive Market Share & Forecast, 2021-2028

China Fish Market to Grow at a CAGR of 6.5% during Forecast Period
China's Fish market is growing at a high CAGR because of the increasing consumer consumption brought on by altered eating habits for a healthier lifestyle and the demand for whole fish in China. In addition, e-commerce is driving the fish market in China.
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the China Fish market is projected to grow at a CAGR of 6.5% during the forecast period. The China Fish market is booming because of the increased consumer consumption brought on by altered eating habits, customer desire for a healthier lifestyle, and expanded industrial capabilities in China. In addition, the rising demand for whole fish in China is emerging as a significant driver of market expansion. However, rising costs and massive demand are restraining market growth.
E-commerce is Driving China Fish Market
The rising number and popularity of online shopping have contributed to the reform of purchase methods. The popularity of online sales channels has assisted China's seafood business in surviving the coronavirus during this challenging season. E-commerce connects producers and consumers through network technology, which can eliminate the intermediary circulation in the supply chain and maximise the profitability of each node, attracting more customers with more convenient delivery and lower prices. E-commerce has unique characteristics such as using network technologies and standards, operating low-cost communication, and business and human resource management can be carried out through network facilities. In addition, transactions occur on the Internet, producers and intermediaries can provide electronic products and services to improve efficiency, and emerging laws and policies regulate online transactions.
Consumption of seafood exceeds domestic output.
China is a major player in production, consumption, and trade. As a result of their dominance, Chinese decisions about the seafood they consume and the methods and locations used to obtain it are becoming more significant for both China and the rest of the globe. This viewpoint uses a transdisciplinary method to investigate this problem and examines potential future modeling attempts, global environmental sustainability, and seafood supply assumptions. China will likely make an effort to enhance domestic freshwater and offshore aquaculture and seafood imports, maybe grow the distant water fishing sector and engage in seafood production abroad to close the seafood deficit.
The rising cost and huge demand act as a restrain to the market
Increased inspection costs, shipping delays, increasingly strict Chinese Customs inspections, and a lengthy and complex process are all factors that make it difficult to import raw materials. The industry's already challenging transition from producing fish for export to satisfying domestic demand is being made much more challenging by these costs.

Salmon and tilapia, among the fish type segment, is the most popular in China fish market.
Carp, tilapia, salmon, catfish, and other fish species made up the type segments of the China fish market. The rising demand for fish products with high nutritional selenium contents, namely Atlantic salmon. The consumption of sashimi-smoked goods is a new trend accelerating the market's expansion in China. The market in China is also being driven by the expansion of tilapia farming for both export and home consumption. The development of fish processing and reprocessing for export during the past two decades has maintained or generated millions of livelihoods. With high rates of fish usage and the extraction of unique goods like chemicals for cosmetics and medicines, China has been able to add value to its fish products, promoting the growth of fish.
Impact of COVID-19 on China Fish Market
The COVID-19 outbreak disrupted logistics and temporarily halted the flow of fish food supplies. The COVID-19 restrictions impacted the supply chain for fish products. Due to the pandemic's restrictions and market closures, international trade, which is heavily dependent on these products, was severely harmed relatively early. Fresh fish production that went unsold led to rising live fish stock levels. Additionally, it has increased nationwide fish mortality risks and feeding expenses.
Competitive Landscape
Key players operating in the China Fish market are Cargill, Incorporated, Nutreco N.V., Biomin, BioMar Group, Aller Aqua, Liao Yu Group Co Ltd, China Aquatic Products Zhoushan Marine Fisheries Corporation, Baiyang Investment Group Inc, Shanghai Kaichuang Marine International Co Ltd, Leye County Nanpanjiang Fisheries Ltd, and other prominent players. In July 2022, The Huanan Seafood Market in Wuhan was most likely the coronavirus's epicentre, according to two peer-reviewed studies that were published in the journal "Science." The investigations used different methodologies to reach the same conclusion.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the China Fish market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the China Fish market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the market's growth drivers, challenges, and competitive dynamics.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. China Fish Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Rising consumer consumption
3.2.1.2. Strong economic conditions
3.2.1.3. Growing Online Platform
3.2.2. Restraints
3.2.2.1. Rising Cost of inspection
3.2.3. Opportunities
3.2.3.1. China's involvement with world fisheries trade in aquatic products
3.2.4. Challenges
3.2.4.1. Delays in shipment
3.3. Technological Landscapes/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. China Fish Market Overview
4.1. Market Size & Forecast by Value, 2018-2028
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Type
4.2.1.1. Carp
4.2.1.2. Tilapia
4.2.1.3. Salmon
4.2.1.4. Catfish
4.2.1.5. Other Fish Species
4.2.2. By End-User
4.2.2.1. Residential
4.2.2.2. Hotels
4.2.2.3. Restaurants
4.2.2.4. Quick Service Restaurants
4.2.2.5. Others
5. Competitive Landscape
5.1. List of Key Players and Their Offerings
5.2. Market Share Analysis, 2021
5.3. Competitive Benchmarking, By Operating Parameters
5.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of COVID-19 on China Fish Market
7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
7.1. Cargill, Incorporated
7.2. Nutreco N.V.
7.3. Biomin
7.4. BioMar Group
7.5. Aller Aqua
7.6. Liao Yu Group Co Ltd
7.7. China Aquatic Products Zhoushan Marine Fisheries Corporation
7.8. Baiyang Investment Group Inc
7.9. Shanghai Kaichuang Marine International Co Ltd
7.10. Leye County Nanpanjiang Fisheries Ltd
7.11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
9.1. Qualitative Research
9.1.1. Primary & Secondary Research
9.2. Quantitative Research
9.3. Market Breakdown & Data Triangulation
9.3.1. Secondary Research
9.3.2. Primary Research
9.4. Breakdown of Primary Research Respondents, By Region
9.5. Assumptions & Limitations
NOTE: Financial in information in case of non-listed companies will be provided as per availability
The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of
Figures
Figure 1 China Fish Market Segmentation
Figure 2 China Fish Market Value Chain Analysis
Figure 3 Porter’s Five Forces Analysis
Figure 4 China Fish Market Size, By Value (USD Million), 2018-2028
Figure 5 China Fish Market Share, By Type, By Value, 2018-2028
Figure 6 China Fish Market Share, By End-User, By Value, 2018-2028
List of
Tables
Table 1 China Fish Market Size, By Type, By Value, 2018-2028
Table 2 China Fish Market Size, By End-User, By Value, 2018-2028
Table 3 Cargill, Incorporated Company Overview
Table 4 Cargill, Incorporated Financial Overview
Table 5 Nutreco N.V. Company Overview
Table 6 Nutreco N.V. Financial Overview
Table 7 Biomin Company Overview
Table 8 Biomin Financial Overview
Table 9 BioMar Group Company Overview
Table 10 BioMar Group Financial Overview
Table 11 Aller Aqua Company Overview
Table 12 Aller Aqua Financial Overview
Table 13 Liao Yu Group Co Ltd Company Overview
Table 14 Liao Yu Group Co Ltd Financial Overview
Table 15 China Aquatic Products Zhoushan Marine Fisheries Corporation Company Overview
Table 16 China Aquatic Products Zhoushan Marine Fisheries Corporation Financial Overview
Table 17 Baiyang Investment Group Inc Company Overview
Table 18 Baiyang Investment Group Inc Financial Overview
Table 19 Shanghai Kaichuang Marine International Co Ltd Company Overview
Table 20 Shanghai Kaichuang Marine International Co Ltd Financial Overview
Table 21 Leye County Nanpanjiang Fisheries Ltd Company Overview
Table 22 Leye County Nanpanjiang Fisheries Ltd Financial Overview

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