The globalSardine Marketis forecast to reach USD 19.50 Billion by 2027, according to a new report by Reports and Data. Sardine, also referred to as herring fish or pilchard, and belongs to the Clupeidae family. Sardine is a small, elongated fish with silver skin and is generally found in the Mediterranean Sea and Pacific and Atlantic Oceans.
Sardines are consumed across the globe as they are rich in vitamin B12 and B2, phosphorus, calcium, niacin, selenium, potassium, and omega-3 fatty acids. Moreover, they are also used as animal feed and also utilized commercially for paint and varnish. The consumption of sardine helps in enhancing heart functions, boosts the immune system, and regulates cholesterol levels. It also helps in losing weight and maintaining the salt level in the body. These benefits are driving the demand for sardine globally. The Asia Pacific held the largest market for sardines. The region is one of the biggest and fastest-growing across the globe. Changes in the lifestyle of people and the rise in disposable income are affecting the market. China has a high market growth, and it also has the capacity to pay more for premium and high-quality seafood, which in turn propels the market growth.
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Competitive Landscape:
The research report offers details about leading companies in the global Sardine market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.
Some of the Leading Market Players Are Listed Below:
- King Oscar,
- Season Brand,
- Crown Prince, Inc.,
- Beach Cliff,
- Emilia Foods International,
- Sea Gold SRL,
- DSI Foods Limited,
- Bumble Bee Foods,
- Century Pacific Food,
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Sardine Market Segmentation based on Type Outlook
- Canned Sardine
- Fresh Sardine
- Frozen Sardine
Sardine Market Segmentation based on Species Outlook
- Sardina Pilchardus
- Sardinella longiceps
- Sardinella Gibbosa
- Sarnidrops Caeruleus
- Sardinella Aurita
- Others
Sardine Market Segmentation based on Distribution Channel Outlook
- Supermarkets and Hypermarkets
- Convenience Markets
- Online
Sardine Market Segmentation based on Regions:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East Africa)
Key Features of the global Sardine Market:
- The report offers detailed estimations at the regional level with manufacturers, consumption, sales and import/export dynamics.
- The report provides accurate details related of the manufacturers/vendors in the market, company overview, pricing analysis, financial standing, product portfolio, and gross profit of leading companies.
- Company profiling with prevalent expansion strategies, revenue generation, and recent developments.
- Optimum strategic initiatives for new players in the market.
- Manufacturing processes, suppliers, cost, rates of production and consumption, transport mode and cost structuring, and value chain analysis.
- The study also includes supply chain trends, including elaborate descriptions of the latest technological development
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