Europe Wild Pollock Market was valued at USD 1.6 Billion in 2022 and is projected to reach USD 2.4 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The Europe Wild Pollock Market has been seeing steady growth in recent years, driven by the rising demand from various industries. Wild Pollock, a key species in the fishery sector, is primarily sourced from the North Pacific Ocean and is widely used in food production, animal feed, and the pharmaceutical industry. With the increasing consumption of seafood products across Europe, there is a growing need for wild-caught Pollock, which is not only nutritious but also considered sustainable compared to other types of fish.
As the European market expands, industries that rely on Wild Pollock are facing specific requirements that influence the market's dynamics. The food industry, particularly in the frozen seafood segment, has been one of the largest consumers. Wild Pollock is commonly used in the production of fish sticks, fillets, and surimi-based products. The rising health consciousness among consumers and the demand for protein-rich food is driving this trend. Surimi products made from Wild Pollock, like imitation crab meat, are widely used in salads, sushi, and as snacks, leading to an increased demand in the European market.
In addition to the food sector, the animal feed industry also plays a significant role in the Wild Pollock market. Wild Pollock byproducts such as fish meal are highly valued as a protein source for farmed animals, particularly in aquaculture. With Europe’s growing focus on sustainable aquaculture practices, the demand for Wild Pollock byproducts has surged, contributing to market growth.
Moreover, pharmaceutical companies are increasingly turning to Wild Pollock for omega-3 fatty acids and fish oil, which are essential in the production of supplements for cardiovascular health. This sector's demand is also pushing the market’s growth, as these health supplements become more popular with European consumers looking for natural and effective health solutions.
In conclusion, the Wild Pollock market in Europe is poised for continued expansion, driven by the food, animal feed, and pharmaceutical industries. As these sectors evolve and consumer preferences shift towards healthier, sustainable products, Wild Pollock will remain a key commodity in meeting these industry requirements.
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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 Europe Wild Pollock Market
Frozen Wild Pollock
Fresh Wild Pollock
Processed Wild Pollock (e.g., fillets, surimi)
Canned Wild Pollock
Food Service
Retail
Snack Foods
Households
Restaurants and Cafes
Institutional Buyers
Food Manufacturers
Online Channels
Traditional Retailers
Wholesale Distributors
High Protein
Low Fat
Omega-3 Fatty Acids
Gluten-Free Options
US (United States, US 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 Europe 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. Europe Wild Pollock Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Wild Pollock Market, By Type
6. Europe Wild Pollock Market, By Application
7. Europe Wild Pollock Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Wild Pollock Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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