North America Wild Pollock Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The North American wild pollock market is a significant segment within the North America seafood industry, driven by diverse applications across various sectors. In 2023, the market was valued at approximately USD 2.1 billion and is projected to reach USD 3.4 billion by 2031, reflecting a compound annual growth rate (CAGR) of 4.9% during this period. citeturn0search3 A primary application of wild pollock is in the food industry, particularly in the production of surimi—a processed seafood product used in items like imitation crab meat. The demand for surimi is substantial, with the U.S. accounting for a significant portion of North America consumption. Additionally, wild pollock is utilized in the creation of frozen fillets and other seafood products, catering to both retail and foodservice sectors. Beyond culinary uses, wild pollock is valued in the pharmaceutical and nutraceutical industries. Its rich omega-3 fatty acid content makes it a sought-after ingredient in supplements aimed at promoting heart health and overall well-being. This trend is expected to continue, with the market for wild pollock in these sectors projected to grow at a CAGR of 4.9% from 2023 to 2033. citeturn0search4 The North American wild pollock market is characterized by its diverse distribution channels, including business-to-business and business-to-consumer models. Retailers, such as grocery stores and supermarkets, play a crucial role in delivering wild pollock products to consumers. The foodservice industry, encompassing restaurants and catering services, also significantly contributes to market demand. In summary, the North American wild pollock market is a dynamic sector with applications spanning food production, pharmaceuticals, and various distribution channels. Its growth trajectory reflects the increasing consumer preference for seafood products and the expanding recognition of their health benefits. The market's evolution is influenced by factors such as sustainability practices, consumer health trends, and the ongoing demand for diverse seafood offerings. As the market continues to expand, stakeholders across the supply chain are poised to benefit from the growing applications and requirements of wild pollock in North America. North America Wild Pollock Market.
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Russia Sea of Okhotsk
Maruha Nichiro
Austevoll Seafood
Trident Seafood
Pacific Andes
Aleutian Islands Pollock Fishery
NOAA Fisheries
Marine Stewardship Council
Laco
Alaska Seafood
Nissui
Gidrostroy
Reedholm
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Wild Pollock Market
Fisheries
Hypermarkets and Supermarkets
Specialty Food Store
E-Commerce Platform
Vegetable Shop
Other
Based on Types the Market is categorized into Below types that held the largest Wild Pollock market share In 2023.
Fresh Whole
Fresh Fillets
Frozen Whole
Frozen Fillets
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Wild Pollock Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Wild Pollock Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Wild Pollock Market, By Type
6. North America Wild Pollock Market, By Application
7. North America Wild Pollock Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Wild Pollock Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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