Whitefish Market Report Presents an All-Inclusive Analysis, Development Trends, Driving Forces, Opportunities, And Future

Owing to increasing awareness of health benefits of fishes and taste developed for whitefishes among individuals across the globe is expected to increase the demand for whitefish over the forecast period. Owing to relatively longer shelf life of whitefish species than that of oily fishes, the whitefish market is expected to expand with relatively high CAGR over the forecast period.

Globally, increasing consumption of seafood and whitefish due to its nutritional value is stoking the growth of whitefish market. Whitefish is an umbrella term for various edible fish species that have pure white meat. Whitefish is consumed for protein, vitamins, as well as fatty acids. It differs from oily fish as the former possess oils only in liver while oily fishes possess oil in the gut as well. Some of the types of whitefish are Tilapia, Haddock, Seabass, Catfish, and Cod which are used to prepare main course and side dishes

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Whitefish is a commercial fisheries term which is used to denote various edible fish species that possess pure white meat. The whitefish differs from oily fish as it possess oils only in liver while oily fishes also possess oil in gut as well. Whitefish includes various species such as Tilapia, Catfish, Haddock, Cod, Seabass and others which are used in preparing variety of dishes and salads. Asia accounts for approximately 87% of the global production of freshwater whitefish owing to China’s largest contribution in world production.

Whitefish is a commercial fisheries term which is used to denote various edible fish species that possess pure white meat. The whitefish differs from oily fish as it possess oils only in liver while oily fishes also possess oil in gut as well. Whitefish includes various species such as Tilapia, Catfish, Haddock, Cod, Seabass and others which are used in preparing variety of dishes and salads. Asia accounts for approximately 87% of the global production of freshwater whitefish owing to China’s largest contribution in world production.

In addition, longer shelf life of whitefish than that of oily fish is also a key factor behind the growth of whitefish market. In general, rising demand for seafood globally is serving to provide robust growth opportunities for producers of whitefish, adds the report. Millennials are increasingly inclined towards natural source of protein which is low in fat as well, thereby boosting the demand for whitefish.

On the other hand, rising global warming and marine pollution could possibly impact the production of whitefish, which could be a restraint impeding the growth of the whitefish market over the forecast period.

The global whitefish market could be segmented in terms of species, sales channel, product type, and region. In terms of species, the key segments of the whitefish market include Tilapia, Haddock, Catfish, Cod, Seabass, and others. Out of these, Tilapia, Seabass, and Cod display leading demand and collectively hold a substantial share of the global whitefish market.

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The segments of the global whitefish market based on geography are North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Among these, Asia Pacific is the leading market accounting for almost 87% of freshwater whitefish production. China is the world’s largest producer of whitefish.

By product, the whitefish market could be segmented into fresh and processed. The processed segment could be further sub-divided into frozen, smoked, canned, and others. Smoked whitefish is mainly used for salads and dressings.

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Ganesh Rajput

As one of the lead news writers on CMFE News, Ganesh’s specialization lies in the science and technology domains. His passion for the latest developments in cloud technology, connected devices, nanotechnology, and virtual reality, among others, shines through in the most recent industry coverage he provides. Ganesh’s take on the impact of digital technologies across the science, technology, and business domains gives his writing a fresh and modern outlook.

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