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Wild pollocks are a type of fish that are generally found deep in the Pacific and Atlantic Ocean. Pollocks are found in saltwater and belong to the family of Cod. Usually two types of pollocks are harvested, which are Alaska pollock and Atlantic pollock. Wild pollock is widely valued for its high nutrition content as it comes with plenty of vitamins and protein, which might prevent various diseases. High nutrition value of this type of fish is expected to bolster growth of the global wild pollock market over the period of analysis, from 2020 to 2030.
Wild pollock fish comes in a wide variety of forms, thanks to its easy availability and access to surimi products, fresh fillets, frozen fillets, fish sticks, fresh whole, and in frozen whole. Furthermore, various sales channels, conventional brick and mortar stores and online sales channels, have started selling wild pollocks. This factor is anticipated to support expansion of the global wild pollock market over the timeframe of forecast. Besides, increased penetration of retail sales is likely to emerge as another growth factor for the market.
Transparency market research offers a comprehensive understanding of the global wild pollock market through this report. It offers well-researched data on various facets of the market to offer valuable business input for profit generation.
The market players' key tactics are to be aggressive and to approach the market organically. For example, Maruha Nichiro Corp.'s choice to expand production capacity and implement product innovation strategies is expected to help the company improve its market share in the years to come.
The noted players that are operational in the global wild pollock market are Eastern Fish Company, Russian Fishery Company, Glacier Fish Company, C/P Northern Hawk Ltd, Arctic Storm Limited, and Gidrostroy Ltd.
Below-mentioned market trends and opportunities mark the global wild pollock market:
Wild pollock is extensively used for the purpose of consumption in the food service and household sectors for its abundant supply of nutraceuticals, medicines, fresh and frozen food items. It is also increasingly being used in the pharmaceutical industry, thanks to its high nutrition content. Wide scope of application in the pharmaceutical industry paves way for rapid expansion of the global wild pollock market in the near future.
Many doctors suggest intake of wild pollocks to patients suffering from heart and heart-related ailments. Wild pollocks are rich source of vitamin B6, omega3 fatty acid, and vitamin B12, which makes it popular amongst people suffering from various diseases. In addition, health conscious people have shifted their focus on wild pollocks, which is likely to support growth of the global wild pollock market in the coming years. However, the ongoing geopolitical tensions between the US and China are expected to cause setback to the market as China contributes significantly toward the processing of fresh wild pollocks by US-based companies. In addition, wild pollocks are gaining popularity as pet food. With the rising number of pet animals and growing concern for health of the pets, the global wild pollock market is expected to observe growth in the years to come.
In the global wild pollock market, Europe holds a substantial chunk of the market and is expected to gain prominence throughout the period of analysis. Growing awareness about health together with high disposable income is expected to amplify demand for wild pollocks over the forecast tenure. North America is likely to emerge as another prominent region, which accounts for a considerable amount of the total global demand. Increasing demand from the foodservice industry is estimated to propel growth of the North America in the near future.
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Wild Pollock Market
