COD Market

According to IMARC Group latest report titled “COD Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on COD (fish) market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global COD market size reached US$ 10.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032.

Cod is a type of cold-water fish that is widely consumed around the globe due to its mild flavor, flaky white flesh, and high nutritional value. The fish comes in various species, including Atlantic cod and Pacific cod, both of which have a significant presence in the commercial seafood industry. As a rich source of lean protein, vitamins, and minerals, cod is prized for its health benefits. It is often used in a variety of dishes, ranging from traditional fish and chips to more gourmet preparations in high-end restaurants. Additionally, cod liver oil, a product derived from cod fish, is a highly sought-after nutritional supplement on account of its high omega-3 fatty acid and vitamin D content. Moreover, other parts of the codfish, such as roe, tongues, cheeks, and livers, are considered delicacies in certain cultures. The versatile nature of this fish, coupled with its widespread availability, has led to a global market that spans various sectors, including food and beverage, pharmaceuticals, and food processing industries.

Get a Sample Copy of this Report: https://www.imarcgroup.com/cod-market/requestsample

Market Trends:

The increasing global demand for seafood, particularly fish with health benefits such as cod, majorly drives the global market. Along with this, the growing health consciousness has led to a surge in the consumption of cod due to its rich nutritional profile. In addition, advancements in aquaculture and fish farming techniques are facilitating the large-scale production of cod, ensuring a steady supply to meet the rising demand. In confluence with this, the global cod market is being influenced by the rising popularity of various regional cuisines that use cod as a primary ingredient. Apart from this, the increase in demand for cod liver oil in the pharmaceutical and dietary supplement industry due to its high omega-3 fatty acids and vitamin D content further strengthens the market growth. Furthermore, environmental regulations aimed at ensuring sustainable fishing practices are leading to the development of certified, responsibly farmed cod, which is creating a positive market outlook. Some of the other factors driving the market include trends towards convenient, ready-to-cook, and value-added cod products and changing consumer lifestyles.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/cod-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Aalesundfish AS

• Alliance Seafood AS

• ANDREAS BJØRGE SEAFOOD AS

• Arctic Catch AS

• Iceland Seafood International hf

• Lerøy Seafood Group ASA

• Norebo Holding JSC

• Norges Sjømatråd AS

• Norsk Sjømat AS.

COD Market Segmentation:

Our report has categorized the market based on region, species, source, product type and distribution channel.

Breakup by Species:

• Atlantic Cod Fish

• Pacific Cod Fish

• Greenland Cod Fish

• Others

Breakup by Source:

• Farmed

• Wild Capture

Breakup by Product Type:

• Fresh

• Canned

• Frozen

• Others

Breakup by Distribution Channel:

• Institutional

• Retail

  • Direct Sales

  • Supermarkets and Hypermarkets

  • Online Stores

  • Others

Breakup by Region:

• North America (United States, Canada)

• Europe (Germany, France, United Kingdom, Italy, Spain, Others)

• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

• Latin America (Brazil, Mexico, Others)

• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA - Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800