Herring Market Size to Grow USD 187.76mn | Technavio

Herring Market: Driver

The rising demand for low-value fish in developing countries is driving the herring market growth. The prevalence of malnutrition is the highest in Africa. According to organizations such as the World Health Organization (WHO) and FAO recognize, the fishing industry can cater to the nutritional requirement in underdeveloped countries with developmental support policies. The prices of commercially important fish, such as salmon, tuna, and cod, are rising every year. As a result, the demand for low-value fish species such as small pelagics (including herring) is rising among low-income consumers, especially in developing and underdeveloped countries. Thus, the growing demand for low-value fish, especially herring, is anticipated to increase because of the food scarcity issues in developing countries and increasing prices of high-value commercial fish. These factors are driving the market growth.

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Herring Market: Vendor Analysis

The herring market report offers information on several market vendors, including 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, among others.

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Herring Market: Segmentation Analysis

By type, the market has been segmented into Atlantic herring, Pacific herring, and others. The Atlantic herring segment will have significant market share growth during the forecast period. Atlantic herrings are found in abundance across the world. They are spread across North Atlantic water bodies, and the fishing season is open throughout the year for this variety. Exporters, processors, aquaculture owners, fishmeal manufacturers, among others, are the major buyers of Atlantic herrings. Moreover, Europe is the leading consumer of herring fish in the world. Herring fish is increasingly caught and consumed in Europe DUE to its occurrence in abundance in the North Atlantic, Baltic, and the North Sea. Such a high demand will drive the segment growth during the forecast period.

By geography, the market has been segmented into Europe, North America, APAC, South America, and Middle East and Africa. Europe will account for the highest market share growth during the forecast period. Russia, Norway, Denmark, and The Netherlands are the key countries for the herring markets in Europe. Market growth in this region will be slower than the growth of the market in APAC. The growing exports will drive the herring market growth in Europe during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Atlantic herring - Market size and forecast 2021-2026
• Exhibit 28: Chart on Atlantic herring - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Atlantic herring - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Atlantic herring - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Atlantic herring - Year-over-year growth 2021-2026 (%)

• 5.4 Pacific herring - Market size and forecast 2021-2026
• Exhibit 32: Chart on Pacific herring - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Pacific herring - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Pacific herring - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Pacific herring - Year-over-year growth 2021-2026 (%)

• 5.5 Others - Market size and forecast 2021-2026
• Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 Russia - Market size and forecast 2021-2026
• Exhibit 66: Chart on Russia - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Russia - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Russia - Year-over-year growth 2021-2026 (%)

• 7.9 Norway - Market size and forecast 2021-2026
• Exhibit 70: Chart on Norway - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Norway - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Norway - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Norway - Year-over-year growth 2021-2026 (%)

• 7.10 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.11 Denmark - Market size and forecast 2021-2026
• Exhibit 78: Chart on Denmark - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Denmark - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Denmark - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Denmark - Year-over-year growth 2021-2026 (%)

• 7.12 The Netherlands - Market size and forecast 2021-2026
• Exhibit 82: Chart on The Netherlands - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on The Netherlands - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on The Netherlands - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on The Netherlands - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Barry Group Inc.
• Exhibit 93: Barry Group Inc. - Overview
• Exhibit 94: Barry Group Inc. - Product / Service
• Exhibit 95: Barry Group Inc. - Key offerings

• 10.4 Channel Fish Co. Inc.
• Exhibit 96: Channel Fish Co. Inc. - Overview
• Exhibit 97: Channel Fish Co. Inc. - Product / Service
• Exhibit 98: Channel Fish Co. Inc. - Key offerings

• 10.5 Cornelis Vrolijk
• Exhibit 99: Cornelis Vrolijk - Overview
• Exhibit 100: Cornelis Vrolijk - Product / Service
• Exhibit 101: Cornelis Vrolijk - Key offerings

• 10.6 Denholm Seafoods Ltd.
• Exhibit 102: Denholm Seafoods Ltd. - Overview
• Exhibit 103: Denholm Seafoods Ltd. - Product / Service
• Exhibit 104: Denholm Seafoods Ltd. - Key news
• Exhibit 105: Denholm Seafoods Ltd. - Key offerings

• 10.7 Domstein AS
• Exhibit 106: Domstein AS - Overview
• Exhibit 107: Domstein AS - Product / Service
• Exhibit 108: Domstein AS - Key offerings

• 10.8 Esser Haringgroothandel en Rokerij BV
• Exhibit 109: Esser Haringgroothandel en Rokerij BV - Overview
• Exhibit 110: Esser Haringgroothandel en Rokerij BV - Product / Service
• Exhibit 111: Esser Haringgroothandel en Rokerij BV - Key offerings

• 10.9 Haringhandel A. Hoek BV
• Exhibit 112: Haringhandel A. Hoek BV - Overview
• Exhibit 113: Haringhandel A. Hoek BV - Product / Service
• Exhibit 114: Haringhandel A. Hoek BV - Key offerings

• 10.10 Iceland Seafood International
• Exhibit 115: Iceland Seafood International - Overview
• Exhibit 116: Iceland Seafood International - Product / Service
• Exhibit 117: Iceland Seafood International - Key news
• Exhibit 118: Iceland Seafood International - Key offerings

• 10.11 Maruha Nichiro Corp.
• Exhibit 119: Maruha Nichiro Corp. - Overview
• Exhibit 120: Maruha Nichiro Corp. - Business segments
• Exhibit 121: Maruha Nichiro Corp. - Key news
• Exhibit 122: Maruha Nichiro Corp. - Key offerings
• Exhibit 123: Maruha Nichiro Corp. - Segment focus

• 10.12 Nergard AS
• Exhibit 124: Nergard AS - Overview
• Exhibit 125: Nergard AS - Product / Service
• Exhibit 126: Nergard AS - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 127: Inclusions checklist
• Exhibit 128: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 129: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 130: Research methodology
• Exhibit 131: Validation techniques employed for market sizing
• Exhibit 132: Information sources

• 11.5 List of abbreviations
• Exhibit 133: List of abbreviations

About Technavio
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