Despite various ups and downs, aquaculture is accelerating continuously and is one of the fastest growing food sectors in the world. Perch is a common name for fish in the genus Perca, freshwater play fish that belong to the Percidae family. The burgeoning fishing industry is driving sales of high-protein and selenium-rich perch fish as they are both delicious and nutritious, and are a viable source of lean protein and omega-3s. Numerous health benefits related to perch are driving its acceptance for the preparation of healthy seafood dishes. The U.S. Department of Agriculture (USDA) recommends eating seafood bi-weekly, which should further fuel perch market growth.
The growing consumption of perch varieties is primarily attributed to their tasty and firm meat. As yellow perch carries a firm texture, mildly sweet taste, and adapts to various cuisines, the adoption of this fish is anticipated to grow further in the seafood industry. This will further underpin gains in the perch market.
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Perch Market Introduction:
There is a positive outlook in global seafood industry as the demand surges for multiple species in market across the world. It is estimated that 2.3% hike in global fish production. The aggregate global seafood demand surged in 2017, supported by improving economic environment in both developed and developing region. The value of global fish trade has risen more than US$ 150bn in 2017. Perch fish are freshwater species belonging to the family Percidea. There are over 6000 species of perch fish, spread across different geographical location.
Perch is a deep bodied fish with two large and erect dorsal fins, the first fin has an array of strong and sharp spines. Perch are generally found in still water and often frequent the shallows. Perch are easy to catch and are normally attracted to the color red. Perch are usually very numerous wherever they are found and are consequently the size of fish is very small.
Perch Market Dynamics.
Perch fish are consumed all over the world and this fish generates substantial amount of income all over the world. This popularity of perch will become a demand driver for perch market in the near future. International trade in fishing industry has experienced sustained demand from a number of traditional import market like the U.S., Japan, France and Spain which is expected to drive the growth of global Perch market in near future.
The rising initiatives taken by government organization for growth of fishing industry is expected to drive the growth of perch market in the near future. Perch fish is used for finding abundant volumes but the pollution in fresh water streams have declined the population of perch fish, which will negatively affect the expansion of perch market in the near future.
Market Players in Perch Market
The trends in Perch market and fishing industry is evolving with number of player working in market such as M & J Seafood, Pike perch fish exporter, Ocean perch fish exporter, DC freshwater fish, Robert wholey company and furnace mill fishery. Additional demand will keep the prices up in the international markets. Regular supply with the increasing demand is expected to drive the global perch market in the near future.
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Market segmentation for Perch market:
Perch market can be segmented on the basis of species, method of fishing, habitat and distribution channel.
On the basis of species perch market can be segmented into three types:
- European perch market
- balkhash Perch market
- yellow perch market.
The European perch is found in Europe and Asia perch market. The species is typically greenish in color with dark vertical bars on its side with red and orange coloring in the tips of its fins. The balkhash perch are found in Kazakhstan, Uzbekistan and China perch market, while the yellow perch are found in United States and Canada perch market.
On the basis of method of fishing, perch market can be segmented into
- surf fishing perch market
- floater fishing perch market.
On the basis of habitat, the perch market can be segmented into
- fresh water perch market
- salt water perch market.
On the basis distribution channel, Perch market can be segmented into
- government authorized fish auctioneers
- fish peddlers
- wholesale fish market
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Market participants in the perch market
The trends in the perch market and fishing industry are evolving with a number of players operating in the market such as M&J Seafood, Zander Fish Exporter, Big Sea Bass Fish Exporter, DC Freshwater Fish, Robert Wholely Company, and Blast Furnace Fisheries. The additional demand will keep prices high in international markets. It is expected that regular supply with increasing demand will power the global perch market in the near future.
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