The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Wild Pollock. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Wild Pollock Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Wild Pollock market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Wild Pollock
This newly published and insightful report sheds light on Market Insights of Wild Pollock, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Wild Pollock Market.
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Wild Pollock Market: Key Segmentation
Fact.MR has studied the wild pollock market with detailed segmentation on the basis of species, form, end-use industry, distribution channel, and key regions.
- Alaska Pollock
- Atlantic Pollock
- Foodservice (HORECA)
- Pharmaceutical & Nutraceutical Industry
- Business to Business
- Business to Customer
- Grocery Stores
- Hypermarket/ Supermarket
- Online Sales Channel
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
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Global Wild Pollock Market: Competitive Analysis
The global wild pollock market shows a fair level of consolidation. Norebo Holdings, Russian Fishery Company, Gidrostroy, Starbound LLC, C/P Northern Hawk Ltd, Trident Seafoods, Arctic Storm Limited, Eastern Fish Company, and Glacier Fish Company are the key market players. Of the mentioned players, Norebo Holdings, Russian Fishery Company, and American Seafoods account for nearly quarter of the global supply of wild pollock.
Key strategies adopted by the companies are aggressive and take an organic market approach. For instance, Maruha Nichiro Corp.’s decision to increase their production capacity and product innovation strategy will play an instrumental role in improving its market share over the forecast period.
Key Takeaways of Global Wild Pollock Market Study
- The global wild pollock market is anticipated to create a value opportunity of around US$ 1.2 Bn during the forecast period, adding 1.2X value to that recorded in 2020.
- Alaska Pollock is estimated to account for 90% share of the market revenue in 2020, and gain 12 BPS in its market share by 2030 over 2020.
- With growing preference for frozen and canned wild pollock, the fresh segment is anticipated to lose around 11BPS in its share during the forecast period.
- Europe continues to hold the leading share of the global wild pollock market.
“Price elasticity of demand for cod is set is magnify the demand for its substitute, wild pollock in the coming years,” says the Fact.MR analyst.
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More Valuable Insights on Wild Pollock Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Wild Pollock, Sales and Demand of Wild Pollock, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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