Market Overview:
The global pangasius 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 pangasius products due to their nutritional benefits, increasing awareness about the health benefits of consuming seafood, and growing demand from emerging markets. The global pangasius market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into fresh whole fish, frozen whole fish, fresh fillet, and frozen fillet. The food application segment dominates the global pangasius market with a share of more than 60%. This can be attributed to rising demand for processed seafood products in developed countries and increasing disposable income levels in developing countries.
Product Definition:
Pangasius (Labeo pangasius) is a species of ray-finned fish in the genus Labeo. It is a freshwater fish found in Southeast Asia. Pangasius is an important food fish, and it is also used for aquarium display.
Fresh Whole Fish:
Fresh whole fish is a by-product of the fishing industry, which is either sold directly to consumers or processed and distributed through various retail channels. The fresh whole fish market has been witnessing significant growth over the past few years on account of rising consumer awareness regarding its health benefits. Increasing disposable income coupled with changing lifestyles in emerging economies such as China and India are expected to remain key driving factors for this market.
Frozen Whole Fish:
Frozen whole fish is a processed food made from pangasius, a freshwater fish. It is considered as one of the most preferred and consumed fishes in many countries including Japan, Korea, China and Thailand owing to its rich content of omega-3 fatty acids. The product also contains vitamin A & D which helps in maintaining eyesight along with anti-oxidants that prevent chronic diseases including cancer.
The global frozen whole fish market size was valued at USD 1.
Application Insights:
Pangasius species are widely used in the food industry and accounted for over 80.0% of global volume in 2017. The growing importance of meat alternatives by major food chains such as McDonald¢â‚¬â„¢s, Pizza Hut and Taco Bell is expected to promote the use of pangasius products as a source of animal protein.
The expansion of retail seafood markets including SMEs and hypermarkets/supermarkets at a domestic level coupled with increasing purchasing power at international level owing to rise in income levels across various regions is anticipated to boost demand for fresh & frozen whole fish from 2018 to 2030. Moreover, favorable government policies related to health & wellness along with rising consumer awareness regarding nutritional benefits associated with pangasius products are expected drive growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing consumption of pangasius in various applications. Moreover, growing health awareness among consumers will drive demand for dietary supplements and pharmaceutical products over the forecast period. Increasing disposable income levels in emerging economies such as China and India are expected to fuel demand for processed food products including frozen fillet and whole fish over the forecast period.
North America was valued at USD X million in 2017 owing to high consumption of pangasius product coupled with favorable healthcare reforms that enable easy access of foreign produced seafood especially frozen whole fish across U.S.
Growth Factors:
- Increasing demand for healthy and affordable seafood products.
- Rising disposable income of consumers in developing countries.
- Growing popularity of pangasius as a lean, healthy and low-fat protein source.
- Proliferation of modern retail formats that offer wider variety of seafood products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pangasius Market Research Report
By Type
Fresh Whole Fish, Frozen Whole Fish, Fresh Fillet, Frozen Fillet
By Application
Food, Dietary Supplement, Pharmaceutical, Other
By Companies
Iglo Group, Marine Harvest, High Liner Foods, Thai Union Frozen Products, Leroy Seafood Group, Dong Won Fisheries, Beijing Princess Seafood International Trading, Findus Group, Empresas Aquachile, Hansung Enterprise, Faroe Seafood, Labeyrie Fine Foods, Mogster Group, Kverva, Sajo Industries, Surapon Foods, Tassal Group, Stolt Sea Farm
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Pangasius Market Report Segments:
The global Pangasius 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
Food, Dietary Supplement, Pharmaceutical, 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:
- Iglo Group
- Marine Harvest
- High Liner Foods
- Thai Union Frozen Products
- Leroy Seafood Group
- Dong Won Fisheries
- Beijing Princess Seafood International Trading
- Findus Group
- Empresas Aquachile
- Hansung Enterprise
- Faroe Seafood
- Labeyrie Fine Foods
- Mogster Group
- Kverva
- Sajo Industries
- Surapon Foods
- Tassal Group
- Stolt Sea Farm
Highlights of The Pangasius 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:
- Food
- Dietary Supplement
- Pharmaceutical
- 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 Pangasius 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.
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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?
Pangasius is a type of fish that is native to the Indo-Pacific region. This fish has a long, slender body and can grow up to 2 meters in length. Pangasius are popular among seafood lovers because they are high in protein and low in fat.
Some of the major players in the pangasius market are Iglo Group, Marine Harvest, High Liner Foods, Thai Union Frozen Products, Leroy Seafood Group, Dong Won Fisheries, Beijing Princess Seafood International Trading, Findus Group, Empresas Aquachile, Hansung Enterprise, Faroe Seafood, Labeyrie Fine Foods, Mogster Group, Kverva, Sajo Industries, Surapon Foods, Tassal Group, Stolt Sea Farm.
The pangasius market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pangasius 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 Pangasius Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pangasius 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 Pangasius 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 Pangasius Market Size & Forecast, 2018-2028
4.5.1 Pangasius Market Size and Y-o-Y Growth
4.5.2 Pangasius Market Absolute $ Opportunity
Chapter 5 Global Pangasius 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 Pangasius 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 Pangasius 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 Pangasius Market Size Forecast by Applications
6.2.1 Food
6.2.2 Dietary Supplement
6.2.3 Pharmaceutical
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pangasius 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 Pangasius 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 Pangasius Analysis and Forecast
9.1 Introduction
9.2 North America Pangasius 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 Pangasius 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 Pangasius Market Size Forecast by Applications
9.10.1 Food
9.10.2 Dietary Supplement
9.10.3 Pharmaceutical
9.10.4 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 Pangasius Analysis and Forecast
10.1 Introduction
10.2 Europe Pangasius 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 Pangasius 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 Pangasius Market Size Forecast by Applications
10.10.1 Food
10.10.2 Dietary Supplement
10.10.3 Pharmaceutical
10.10.4 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 Pangasius Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pangasius 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 Pangasius 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 Pangasius Market Size Forecast by Applications
11.10.1 Food
11.10.2 Dietary Supplement
11.10.3 Pharmaceutical
11.10.4 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 Pangasius Analysis and Forecast
12.1 Introduction
12.2 Latin America Pangasius 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 Pangasius 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 Pangasius Market Size Forecast by Applications
12.10.1 Food
12.10.2 Dietary Supplement
12.10.3 Pharmaceutical
12.10.4 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) Pangasius Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pangasius 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) Pangasius 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) Pangasius Market Size Forecast by Applications
13.10.1 Food
13.10.2 Dietary Supplement
13.10.3 Pharmaceutical
13.10.4 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 Pangasius Market: Competitive Dashboard
14.2 Global Pangasius Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Iglo Group
14.3.2 Marine Harvest
14.3.3 High Liner Foods
14.3.4 Thai Union Frozen Products
14.3.5 Leroy Seafood Group
14.3.6 Dong Won Fisheries
14.3.7 Beijing Princess Seafood International Trading
14.3.8 Findus Group
14.3.9 Empresas Aquachile
14.3.10 Hansung Enterprise
14.3.11 Faroe Seafood
14.3.12 Labeyrie Fine Foods
14.3.13 Mogster Group
14.3.14 Kverva
14.3.15 Sajo Industries
14.3.16 Surapon Foods
14.3.17 Tassal Group
14.3.18 Stolt Sea Farm
