Latin America Fish Processing Market is poised to reach USD 12.6 billion by 2021
Latin America Fish Processing Market by Latin America Fish Processing Category (Frozen, Preserved and Others) by Application (Food, Non-Food) by Source (Marine and Inland) by Species (Fish, Crustaceans, Mollusks and Others) by Equipment
(EMAILWIRE.COM, September 07, 2017 ) The Latin America Fish Processing Market was worth USD 10.9 billion in 2016 and estimated to be growing at a CAGR of 2.94% to reach USD 12.6 billion by 2021. The market is estimated to show evident potential in the mentioned forecasting period. It continues to gain momentum with the ever increasing demand for fish consumption.
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Fish Processing is the process which starts with the catching of fishes and ends at final shipping to customers. It includes entire species of aquatic organisms, irrespective of the place they are obtained from. Fish is a very perishable food and hence needs to be stored and preserved properly for protection against decaying. Some of the popular fish processes used for fish preservation are surimi, curing, salting, drying, and smoking.
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The major driving factors for the market of Latin America Fish Processing are the emerging market and increasing stability of the economy which will help prospering the market in future. Apart from this, the growing consumption of fish owing to its high nutritional value, increasing demand for different types of seafood and rise in disposable income is responsible for the growth of market in this region. However, the growing popularity of vegetarian and vegan lifestyles could pose as a major threat for the growth of this market.
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The Latin America Fish Processing Market is segmented on the basis of Fish Processing Category into Frozen, Preserved and others. On the basis of Application the market is segmented as Food and Non-Food. The food segment leads the market under the segmentation on the basis of application due to increased inclusion of fish in people’s diets. Based on Source the market is categorized as Marine and Inland. The fish harvested from marine sources lead the market due to the development of new techniques for fishing. On the basis of Species the market is segmented as Fish, Crustaceans, Mollusks and Others. On the basis of Equipment the market is segmented as Slaughtering, Gutting, Scaling, Filleting, Deboning, Skinning, Smoking and Others.
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On the basis of geography, the market is analysed under various regions namely Brazil, Mexico, Argentina, and remaining countries of South America. Emerging countries like Brazil and Argentina prove to be a growing base for fishery as an occupation and contribute to the GDP of the country. With rise in the population and disposable income, the market in this region is expected to grow in the future years.
Some of the major companies dominating the market, by their products and services are Aurum Freight International Ltd, Ayamo Foods (Brazil), Bomar Seafood (Brazil), Angulo Pride (Mexico), Bajamar Trading Group (Mexico) and Costamar (Mexico).
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Browse full report @ http://www.marketdataforecast.com/market-reports/latin-america-fish-processing-market-2675/
Fish Processing is the process which starts with the catching of fishes and ends at final shipping to customers. It includes entire species of aquatic organisms, irrespective of the place they are obtained from. Fish is a very perishable food and hence needs to be stored and preserved properly for protection against decaying. Some of the popular fish processes used for fish preservation are surimi, curing, salting, drying, and smoking.
Download free sample report @ http://www.marketdataforecast.com/market-reports/asia-pacific-fish-processing-market-2673/request-sample
The major driving factors for the market of Latin America Fish Processing are the emerging market and increasing stability of the economy which will help prospering the market in future. Apart from this, the growing consumption of fish owing to its high nutritional value, increasing demand for different types of seafood and rise in disposable income is responsible for the growth of market in this region. However, the growing popularity of vegetarian and vegan lifestyles could pose as a major threat for the growth of this market.
Inquire before buying report @ http://www.marketdataforecast.com/market-reports/asia-pacific-fish-processing-market-2673/inquire
The Latin America Fish Processing Market is segmented on the basis of Fish Processing Category into Frozen, Preserved and others. On the basis of Application the market is segmented as Food and Non-Food. The food segment leads the market under the segmentation on the basis of application due to increased inclusion of fish in people’s diets. Based on Source the market is categorized as Marine and Inland. The fish harvested from marine sources lead the market due to the development of new techniques for fishing. On the basis of Species the market is segmented as Fish, Crustaceans, Mollusks and Others. On the basis of Equipment the market is segmented as Slaughtering, Gutting, Scaling, Filleting, Deboning, Skinning, Smoking and Others.
Avail Discount @ http://www.marketdataforecast.com/market-reports/asia-pacific-fish-processing-market-2673/request-discount
On the basis of geography, the market is analysed under various regions namely Brazil, Mexico, Argentina, and remaining countries of South America. Emerging countries like Brazil and Argentina prove to be a growing base for fishery as an occupation and contribute to the GDP of the country. With rise in the population and disposable income, the market in this region is expected to grow in the future years.
Some of the major companies dominating the market, by their products and services are Aurum Freight International Ltd, Ayamo Foods (Brazil), Bomar Seafood (Brazil), Angulo Pride (Mexico), Bajamar Trading Group (Mexico) and Costamar (Mexico).
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results