Report Code: A15125 | Pages: NA | Mar 2023 | 1027 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Sardine Market
Request Now !Sardines are an oily, nutrient-dense fish widely consumed by humans and as a baitfish for larger fish, marine animals, and other mammals. It is considered a healthy source of omega3 fatty acids and is rich in protein and calcium. Sardines arewidelydistributed in the North East Atlantic Ocean and the Mediterranean Sea. The market for sardines is growing at a steady ratedue to its health benefits including improving heart function, maintaining cholesterol levels, improving immune system, cardiovascular health, reducing risk of Alzheimer's disease, improved brain function and reduced blood sugar.
The current narrowingof the supply-demand balance in the global market for many species, with a fully positive global economic outlook over the forecast period, suggests that demand for sardines will continue to strengthen globally.Sardine Market provides the properamount of nutrients that the humanbodyneeds. Although the Sardine market has faced a significant decline in demand in the past, butincreasing consumer demand for healthy living has once again boosted the global Sardine Market.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Rising Demand for Protein enriched food
Dynamics Due to its protein content and rich omega 3 fatty acids, the Sardine Marketis in increasing demand among consumers worldwide. Consumption of omega 3 fatty acids and protein in the diet can improve bonesand joints, effective insulin flow and digestive system. Due to the convenience of consumption when the daily time is scarce, the market for Sardine Marketis in strong demand. The Sardine Market has a variety of consumption patterns to meet the needs of consumers withdifferent tastes and preferences.Â
However, excessive consumption of sardine can cause some disease, which may be themainconstrainton the Sardine Market. In order to improve the texture of fish, some sardine products are made and sold in the market.
Regular consumption will cause high calorie accumulation and hinder the growth of the global Sardine Market.
Global Growth in the demand of Aquaculture
Fish is a major source of omega3 fatty acids and DHA, recognized worldwide as an important aspect of human health. Sardines are considered oneof the healthiest seafood in the world, and until recently they only had niche appeal.
However, the sardine market has grown and become very popular. Commercially, sardines are fished for a variety of purposes, including direct consumption, baiting, drying, canning, smoking, and reducing to fishmeal. Even so, the main use of sardines is for human consumption. The growth of premium seafood has increased the demand for certified organic sardines. Moreover, the price of sardines is lower than other species of fish with the same nutritional value, which is expected to help in the growth of the sardines market.
Here manufacturers have a great opportunity to grab an outsized consumer base in some regions. Manufacturers are creating awareness among the consumers through knowledge based advertisements in order to incline an outsized number of health conscious people towards these seeds. Due to these factors, there is a surge in Sardine Market.
Key Benefits of the Report
Questions Answered in the Report
Sardine Market Report Highlights
Aspects | Details |
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Key Market Players | Season Brand, King Oscar, Beach Cliff, Crown Prince, Inc., Olig Seafood, Emilia Foods International, Litoralfish, Sea Gold SRL, Sanyo Corporation, DSI Foods Limited |
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