Market Overview:
The global smoked haddock 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 the increasing demand for smoked haddock products from the food service sector and retail sector. In addition, rising disposable income and changing lifestyle preferences are also contributing to the growth of this market. On the basis of type, hot-smoked haddock accounted for a major share of the global smoked haddock market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 owing to its high demand among consumers across different regions. Cold-smoked haddock is another key segment of this market and is projected grow at a CAGR of 4%.
Product Definition:
Smoked haddock is a type of fish that has been smoked. It is often used in dishes like smoked haddock and poached egg.
Hot-smoke:
Hot-smoke is a by-product of the processing of fish. It is also known as fish smoke or sea smoke and it contains many valuable nutrients like omega 3 fatty acids, vitamin D & E, selenium and it has over 60 minerals & proteins. The smoking process does not affect the taste or quality of the smoked haddock product which makes it suitable for direct consumption rather than using preservatives to extend its shelf life.
Cold-smoke:
Cold-smoke is the by-product of smoking fish and it contains a high amount of protein, vitamin D & omega 3 fatty acids. The product is gaining popularity among consumers owing to its health benefits which include weight loss, improvement in heart health and lowering blood pressure levels.
The global cold-smoke market was valued at USD 648 million in 2015 and is expected to witness significant growth over the forecast period on account of rising consumer awareness regarding its nutritional benefits.
Application Insights:
The food service sector accounted for more than 70.0% share of the overall revenue in 2017. The product is widely used as a fish alternative by restaurants and cafeterias, owing to its health benefits, including omega-3 fatty acids and protein content. Furthermore, smoked haddock can be easily prepared using common raw materials such as salt, sugar and spices that enhance its taste while maintaining nutritional standards.
Retail sector is expected to be the fastest-growing application segment over the forecast period owing to increasing demand from consumers looking for healthy food options at reasonable prices coupled with growing retail industry in developing countries such as India and China.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 35.0% in 2017. The regional market is expected to witness significant growth over the forecast period owing to increasing demand for seafood products as an alternative to other processed meats such as ham and bacon. Furthermore, high consumption of fish and chips is also one of the key reasons behind increased demand for this product type in this region.
Asia Pacific regional market was valued at USD X million in 2017 and is expected to register a CAGR exceeding 5.0% from 2018 to 2030 owing to growing awareness about healthy lifestyle among middle-class income groups, especially millennials living in China, Japan, India, Malaysia.
Growth Factors:
- Increasing demand for smoked haddock as a healthy and convenient food option.
- Rising disposable income of consumers in developed countries.
- Growing popularity of seafood-based dishes among the health-conscious population.
- Proliferation of supermarkets and other retail outlets that sell smoked haddock products at affordable prices.
- increasing exports from major producers to meet the growing global demand for smoked haddock
Scope Of The Report
Report Attributes
Report Details
Report Title
Smoked Haddock Market Research Report
By Type
Hot-smoke, Cold-smoke
By Application
Food Service Sector, Retail Sector
By Companies
Young's Seafood, Mayonna, Alfred Enderby, Duchy Smoked Fish Company, International Fish Canners
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Smoked Haddock Market Report Segments:
The global Smoked Haddock market is segmented on the basis of:
Types
Hot-smoke, Cold-smoke
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 Service Sector, Retail Sector
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:
- Young's Seafood
- Mayonna
- Alfred Enderby
- Duchy Smoked Fish Company
- International Fish Canners
Highlights of The Smoked Haddock 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:
- Hot-smoke
- Cold-smoke
- By Application:
- Food Service Sector
- Retail Sector
- 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 Smoked Haddock 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
- Business Expansion Strategies
- 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?
Smoked haddock is a type of fish that has been smoked over wood chips or hardwood. The smoking process gives the fish a smoky flavor and a slightly crispy texture.
Some of the major companies in the smoked haddock market are Young's Seafood, Mayonna, Alfred Enderby, Duchy Smoked Fish Company, International Fish Canners.
The smoked haddock 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 Smoked Haddock 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 Smoked Haddock Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smoked Haddock 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 Smoked Haddock 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 Smoked Haddock Market Size & Forecast, 2018-2028
4.5.1 Smoked Haddock Market Size and Y-o-Y Growth
4.5.2 Smoked Haddock Market Absolute $ Opportunity
Chapter 5 Global Smoked Haddock 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 Smoked Haddock Market Size Forecast by Type
5.2.1 Hot-smoke
5.2.2 Cold-smoke
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smoked Haddock 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 Smoked Haddock Market Size Forecast by Applications
6.2.1 Food Service Sector
6.2.2 Retail Sector
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smoked Haddock 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 Smoked Haddock 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 Smoked Haddock Analysis and Forecast
9.1 Introduction
9.2 North America Smoked Haddock 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 Smoked Haddock Market Size Forecast by Type
9.6.1 Hot-smoke
9.6.2 Cold-smoke
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 Smoked Haddock Market Size Forecast by Applications
9.10.1 Food Service Sector
9.10.2 Retail Sector
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 Smoked Haddock Analysis and Forecast
10.1 Introduction
10.2 Europe Smoked Haddock 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 Smoked Haddock Market Size Forecast by Type
10.6.1 Hot-smoke
10.6.2 Cold-smoke
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 Smoked Haddock Market Size Forecast by Applications
10.10.1 Food Service Sector
10.10.2 Retail Sector
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 Smoked Haddock Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smoked Haddock 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 Smoked Haddock Market Size Forecast by Type
11.6.1 Hot-smoke
11.6.2 Cold-smoke
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 Smoked Haddock Market Size Forecast by Applications
11.10.1 Food Service Sector
11.10.2 Retail Sector
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 Smoked Haddock Analysis and Forecast
12.1 Introduction
12.2 Latin America Smoked Haddock 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 Smoked Haddock Market Size Forecast by Type
12.6.1 Hot-smoke
12.6.2 Cold-smoke
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 Smoked Haddock Market Size Forecast by Applications
12.10.1 Food Service Sector
12.10.2 Retail Sector
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) Smoked Haddock Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smoked Haddock 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) Smoked Haddock Market Size Forecast by Type
13.6.1 Hot-smoke
13.6.2 Cold-smoke
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) Smoked Haddock Market Size Forecast by Applications
13.10.1 Food Service Sector
13.10.2 Retail Sector
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 Smoked Haddock Market: Competitive Dashboard
14.2 Global Smoked Haddock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Young's Seafood
14.3.2 Mayonna
14.3.3 Alfred Enderby
14.3.4 Duchy Smoked Fish Company
14.3.5 International Fish Canners
