Global Herring Market 2022-2026

Global Herring Market 2022-2026

Technavio has been monitoring the herring market and it is poised to grow by $ 187.76 mn during 2022-2026 progressing at a CAGR of 1.46% during the forecast period. Our report on the herring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for low-value fish in developing countries, increasing demand for fishmeal and fish oil, and growing demand for processed fish.

The herring market analysis includes type segment and geographic landscape.

Technavio's herring market is segmented as below:

By Type

• Atlantic herring
• Pacific herring
• Others

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• The Middle East and Africa

This study identifies the rising online sales of fish globally as one of the prime reasons driving the herring market growth during the next few years. Also, increasing adoption of sustainable fishing approaches, and rising demand for frozen herring will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the herring market covers the following areas:

• Herring market sizing
• Herring market forecast
• Herring market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading herring market vendors that include AS KURSA, Barry Group Inc., Channel Fish Co. Inc., Cornelis Vrolijk, Denholm Seafoods Ltd., Domstein AS, Esser Haringgroothandel en Rokerij BV, Haringhandel A. Hoek BV, Iceland Seafood International, Kattegat Seafood APS, Maruha Nichiro Corp., Nergard AS, Nordic Group AS, NOREBO Holding, Northbay Pelagic Ltd., OSTBALTFISH Ltd., and Saare Fishexport OU. Also, the herring market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

AS KURSA, Barry Group Inc., Channel Fish Co. Inc., Cornelis Vrolijk, Denholm Seafoods Ltd., Domstein AS, Esser Haringgroothandel en Rokerij BV, Haringhandel A. Hoek BV, Iceland Seafood International, Kattegat Seafood APS, Maruha Nichiro Corp., Nergard AS, Nordic Group AS, NOREBO Holding, Northbay Pelagic Ltd., OSTBALTFISH Ltd., Saare Fishexport OU