Market Overview:
The global smoked mackerel 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 healthy and convenient food options, increasing disposable income, and growing awareness about the health benefits of smoked mackerel. The global smoked mackerel market is segmented on the basis of type into hot-smoked and cold-smoked. The hot-smoked segment is expected to account for a larger share of the market in 2018 owing to its high demand from food service sector. However, the cold-smoked segment is projected to grow at a higher CAGR during the forecast period due its growing popularity among consumers for its unique flavor profile and nutritional benefits. On the basis of application,the global smoked mackerelmarketis divided into food service sectorand retail sector.
Product Definition:
Smoked mackerel is a type of smoked fish that is made from mackerel. It has a strong, salty flavor and a smoky aroma. Smoked mackerel can be eaten on its own, or used in recipes.
Hot-smoke:
Hot-smoke is a type of processed fish food that contains the smell of smoke from burning mackerel oil. The product was first produced in Norway and has been gaining popularity across the globe owing to its unique taste. It is also used as an ingredient for preparing various dishes, which include Norwegian smoked salmon and Swedish meatballs.
The global hot-smoke market size was valued at USD 2 million in 2016.
Cold-smoke:
Cold-smoke is the by-product obtained during the processing of Smoked Mackerel. It is a mixture of salts and proteins, which are extracted from the mackerel after it has been frozen at -20°C to -25°C temperature range. The product helps in enhancing flavor as well as improving texture and color properties in food items such as bacon, sausages, salami, corned beef among others.
Application Insights:
The food service sector accounted for a revenue share of over 70% in 2017. The product is widely used as an ingredient in various foods and snacks, such as bacon strips, baconshape sandwiches, beef jerky, beef sticks and others. In addition to being one of the most popular smoked mackerel products among food service operators across the globe owing to its high protein content and low price point per unit weight compared to other meat products; it is also expected to gain significant demand from retail stores at affordable prices due to increasing consumer disposable income levels coupled with rising awareness regarding healthy eating habits.
The retail sector is expected witness considerable growth over the forecast period on account of growing consumer preference for purchasing luxury items including expensive alcoholic beverages along with regular groceries at affordable prices.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 30% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for heat-not-burn products, coupled with rising health awareness among consumers. Asia Pacific is projected to be the fastest growing regional market at a CAGR of XX% from 2018 to 2030 due to high product consumption and increasing disposable income levels in developing economies including China and India. In addition, rising penetration of supermarkets and hypermarkets across these countries will drive product sales further driving industry growth. North America also accounted for a considerable share in terms of revenue as it has been observed that around 50% or more mackerels are consumed by Americans on account off its being an affordable luxury food item along with other factors such as tradition, history, social status etc.
Growth Factors:
- Increasing demand for healthy and convenient food options
- Rising disposable income of consumers in developing countries
- Growing popularity of smoked mackerel as a delicacy dish
- Proliferation of supermarkets and other retail channels that sell smoked mackerel products
- Innovation in product packaging and flavors to attract new consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Smoked Mackerel Market Research Report
By Type
Hot-smoke, Cold-smoke
By Application
Food Service Sector, Retail Sector
By Companies
Leroy Seafood, Zila Laguna, TSIALIOS, Gold Star, Mayonna, Duchy Smoked Fish Company
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Smoked Mackerel Market Report Segments:
The global Smoked Mackerel 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:
- Leroy Seafood
- Zila Laguna
- TSIALIOS
- Gold Star
- Mayonna
- Duchy Smoked Fish Company
Highlights of The Smoked Mackerel 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 Mackerel 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 mackerel is a type of fish that has been smoked using wood or other smoking materials.
Some of the key players operating in the smoked mackerel market are Leroy Seafood, Zila Laguna, TSIALIOS, Gold Star, Mayonna, Duchy Smoked Fish Company.
The smoked mackerel 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 Mackerel 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 Mackerel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smoked Mackerel 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 Mackerel 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 Mackerel Market Size & Forecast, 2018-2028
4.5.1 Smoked Mackerel Market Size and Y-o-Y Growth
4.5.2 Smoked Mackerel Market Absolute $ Opportunity
Chapter 5 Global Smoked Mackerel 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 Mackerel 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 Mackerel 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 Mackerel 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 Mackerel 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 Mackerel 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 Mackerel Analysis and Forecast
9.1 Introduction
9.2 North America Smoked Mackerel 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 Mackerel 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 Mackerel 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 Mackerel Analysis and Forecast
10.1 Introduction
10.2 Europe Smoked Mackerel 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 Mackerel 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 Mackerel 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 Mackerel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smoked Mackerel 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 Mackerel 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 Mackerel 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 Mackerel Analysis and Forecast
12.1 Introduction
12.2 Latin America Smoked Mackerel 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 Mackerel 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 Mackerel 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 Mackerel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smoked Mackerel 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 Mackerel 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 Mackerel 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 Mackerel Market: Competitive Dashboard
14.2 Global Smoked Mackerel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Leroy Seafood
14.3.2 Zila Laguna
14.3.3 TSIALIOS
14.3.4 Gold Star
14.3.5 Mayonna
14.3.6 Duchy Smoked Fish Company
