Market Overview:
The global basa fish market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for seafood, increasing awareness about the health benefits of consuming seafood, and growing population. In terms of type, the fresh whole fish segment is projected to lead the global basa fish market during the forecast period. This can be attributed to rising demand for fresh seafood among consumers across regions.
Product Definition:
Basa Fish is a type of Swamp Catfish that is found in Southeast Asia. It has a mild, sweet flavor and can be eaten whole, including the bones. Basa Fish is an important source of protein in Southeast Asia, where it is often eaten as part of a meal or used to make fish sauce.
Fresh Whole Fish:
Fresh whole fish is a by-product of basa fish which is dried, scaled and cut into pieces. It has high protein content and low fat content. The fresh whole fish market is expected to witness growth over the forecast period owing to increasing health consciousness among consumers as well as growing demand for seafood in various countries including U.S., China, Japan, Germany and India on account of its nutritional benefits coupled with rich taste & aroma it offers along with easy availability at affordable prices.
Frozen Whole Fish:
Frozen whole fish is a processed food product made from basa or anchovy fish. It is widely used in the preparation of sashimi, chirashi-zushi, and other Japanese dishes. The global market for frozen whole fish was valued at USD 1.5 billion in 2015 and it is expected to grow at a CAGR of XX% over the forecast period on account of increasing demand for sashimi across the globe.
Application Insights:
The caterers segment led the global basa fish market in 2017. This is attributed to increasing demand for fresh and frozen whole fish, fillets and other seafood products from various catering companies. Catering companies prepare food according to customer requirements, including different types of sauces, dressings and spices that enhance the flavor of basa fish. The extensive use of these products has resulted in increased product demand among caterers over the past few years.
Basa fish is rich source of omega 3 fatty acids which have beneficial effects on cardiovascular system lowering blood pressure levels as well as reducing cholesterol levels when consumed in moderation amounts along with other heart healthy foods like vegetables & fruits.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing consumption of basa fish as a part of traditional diet, high economic development, and growing health awareness among consumers. China is one of the largest producers and exporters of basa fish in this region. It also has a large number of processing units that deal with whole fishes or fillets depending on their usage.
North America accounted for more than 20% share in 2017 owing to rising demand from U.S., which is one of the major importers due to availability at affordable prices compared to other countries globally sourced seafoods including salmonids and mackerali species such as Thunnus thynnus (Thick-skinned tuna) & Thunnus tonggol (Long-boned tuna).
Growth Factors:
- Increasing demand for Basa Fish in the global market due to its nutritional value and health benefits.
- Rising disposable income of consumers in developing countries is expected to boost the demand for Basa Fish products over the forecast period.
- Growing awareness about the health benefits of consuming Basa Fish is projected to fuel its growth during the forecast period.
- Technological advancements in aquaculture are anticipated to create new opportunities for growth of this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Basa Fish Market Research Report
By Type
Fresh Whole Fish, Frozen Whole Fish, Fresh Fillet, Frozen Fillet
By Application
Caterers, Food Industry, Retail Customers, Hotels, Other
By Companies
Vinh Hoan, Hung Vuong Corporation, Bien Dong Seafood, GODACO Seafood, Nam Viet Corp, Hoang Long Group, Dai Thanh Seafoods, AGIFISH Co., Truong Giang Fishery Holdings Corp., Aquatex Ben Tre, NTSF SEAFOODS, Vinh Foods, Expravet Nasuba, Dimas Reiza Perwira, Delta Mina Perkasa, Austevoll Seafood, Thai Union, Nomad Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Basa Fish Market Report Segments:
The global Basa Fish market is segmented on the basis of:
Types
Fresh Whole Fish, Frozen Whole Fish, Fresh Fillet, Frozen Fillet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Caterers, Food Industry, Retail Customers, Hotels, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vinh Hoan
- Hung Vuong Corporation
- Bien Dong Seafood
- GODACO Seafood
- Nam Viet Corp
- Hoang Long Group
- Dai Thanh Seafoods
- AGIFISH Co.
- Truong Giang Fishery Holdings Corp.
- Aquatex Ben Tre
- NTSF SEAFOODS
- Vinh Foods
- Expravet Nasuba
- Dimas Reiza Perwira
- Delta Mina Perkasa
- Austevoll Seafood
- Thai Union
- Nomad Foods
Highlights of The Basa Fish Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fresh Whole Fish
- Frozen Whole Fish
- Fresh Fillet
- Frozen Fillet
- By Application:
- Caterers
- Food Industry
- Retail Customers
- Hotels
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Basa Fish Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Basa fish is a type of freshwater fish that is native to Southeast Asia. Basa fish are often used in Asian cuisine, and they are also popular as pets.
Some of the major companies in the basa fish market are Vinh Hoan, Hung Vuong Corporation, Bien Dong Seafood, GODACO Seafood, Nam Viet Corp, Hoang Long Group, Dai Thanh Seafoods, AGIFISH Co., Truong Giang Fishery Holdings Corp., Aquatex Ben Tre, NTSF SEAFOODS, Vinh Foods, Expravet Nasuba, Dimas Reiza Perwira, Delta Mina Perkasa, Austevoll Seafood, Thai Union, Nomad Foods.
The basa fish market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Basa Fish Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Basa Fish Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Basa Fish Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Basa Fish Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Basa Fish Market Size & Forecast, 2018-2028
4.5.1 Basa Fish Market Size and Y-o-Y Growth
4.5.2 Basa Fish Market Absolute $ Opportunity
Chapter 5 Global Basa Fish Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Basa Fish Market Size Forecast by Type
5.2.1 Fresh Whole Fish
5.2.2 Frozen Whole Fish
5.2.3 Fresh Fillet
5.2.4 Frozen Fillet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Basa Fish Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Basa Fish Market Size Forecast by Applications
6.2.1 Caterers
6.2.2 Food Industry
6.2.3 Retail Customers
6.2.4 Hotels
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Basa Fish Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Basa Fish Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Basa Fish Analysis and Forecast
9.1 Introduction
9.2 North America Basa Fish Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Basa Fish Market Size Forecast by Type
9.6.1 Fresh Whole Fish
9.6.2 Frozen Whole Fish
9.6.3 Fresh Fillet
9.6.4 Frozen Fillet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Basa Fish Market Size Forecast by Applications
9.10.1 Caterers
9.10.2 Food Industry
9.10.3 Retail Customers
9.10.4 Hotels
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Basa Fish Analysis and Forecast
10.1 Introduction
10.2 Europe Basa Fish Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Basa Fish Market Size Forecast by Type
10.6.1 Fresh Whole Fish
10.6.2 Frozen Whole Fish
10.6.3 Fresh Fillet
10.6.4 Frozen Fillet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Basa Fish Market Size Forecast by Applications
10.10.1 Caterers
10.10.2 Food Industry
10.10.3 Retail Customers
10.10.4 Hotels
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Basa Fish Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Basa Fish Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Basa Fish Market Size Forecast by Type
11.6.1 Fresh Whole Fish
11.6.2 Frozen Whole Fish
11.6.3 Fresh Fillet
11.6.4 Frozen Fillet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Basa Fish Market Size Forecast by Applications
11.10.1 Caterers
11.10.2 Food Industry
11.10.3 Retail Customers
11.10.4 Hotels
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Basa Fish Analysis and Forecast
12.1 Introduction
12.2 Latin America Basa Fish Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Basa Fish Market Size Forecast by Type
12.6.1 Fresh Whole Fish
12.6.2 Frozen Whole Fish
12.6.3 Fresh Fillet
12.6.4 Frozen Fillet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Basa Fish Market Size Forecast by Applications
12.10.1 Caterers
12.10.2 Food Industry
12.10.3 Retail Customers
12.10.4 Hotels
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Basa Fish Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Basa Fish Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Basa Fish Market Size Forecast by Type
13.6.1 Fresh Whole Fish
13.6.2 Frozen Whole Fish
13.6.3 Fresh Fillet
13.6.4 Frozen Fillet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Basa Fish Market Size Forecast by Applications
13.10.1 Caterers
13.10.2 Food Industry
13.10.3 Retail Customers
13.10.4 Hotels
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Basa Fish Market: Competitive Dashboard
14.2 Global Basa Fish Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vinh Hoan
14.3.2 Hung Vuong Corporation
14.3.3 Bien Dong Seafood
14.3.4 GODACO Seafood
14.3.5 Nam Viet Corp
14.3.6 Hoang Long Group
14.3.7 Dai Thanh Seafoods
14.3.8 AGIFISH Co.
14.3.9 Truong Giang Fishery Holdings Corp.
14.3.10 Aquatex Ben Tre
14.3.11 NTSF SEAFOODS
14.3.12 Vinh Foods
14.3.13 Expravet Nasuba
14.3.14 Dimas Reiza Perwira
14.3.15 Delta Mina Perkasa
14.3.16 Austevoll Seafood
14.3.17 Thai Union
14.3.18 Nomad Foods
