The global cod market showed moderate growth in the period 2015-2020. The IMARC Group expects the market to grow at a CAGR of around 5% in the period 2021-2026.
SHERIDAN, WYOMING, UNITED STATES, Oct. 11, 2021 /EINPresswire.com/ – According to IMARC Group’s latest report, “COD Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” is the market is currently experiencing strong growth. The global CSB fish market will show moderate growth over the next five years. COD fish, also known as COD, is a dark-spotted fish in the Gadidae family. Some of its most common variants are Pacific COD fish, Atlantic COD fish, Greenland COD fish, etc. COD is a rich source of essential nutrients such as phosphorus, vitamin A, vitamin B-12, vitamin D, vitamin E, protein, niacin , Omega-3 fatty acids, etc. By doing this, it helps to lower blood cholesterol, control blood pressure, boost immunity, reduce the risk of cardiovascular disease, improve brain functions, etc.
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As the novel coronavirus (COVID-19) crisis hits the world, we continuously track changes in markets and consumer buying behavior around the world, and our estimates of the latest market trends and forecasts are made after taking into account the impact of this pandemic.
The growing awareness of the importance of maintaining health and wellbeing is driving the demand for COD liver oil which is primarily driving the COD market. Additionally, the shift in consumer preferences from high-calorie foods to high-protein diets continues to catalyze market growth. Accordingly, the escalating prevalence of several diseases of civilization such as high blood pressure, arthritis, obesity etc. acts as a further important growth factor. In addition, people’s hectic work schedules and sedentary lifestyles are increasing the demand for processed, canned, and chilled varieties of COD fish due to their extended shelf life and ease of storage. This in turn enlarges the world market. In addition, the increasing use of COD liver oil in the pharmaceutical industry is expected to strengthen the COD market in the coming years due to the presence of numerous bioactive ingredients such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA).
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Competitive landscape with main players:
The report has also analyzed the competitive landscape of the market with some of the major players involved.
Eel Sound AS
Alliance Seafood AS
ANDREAS BJÃRGE SEAFOOD AS
Arctic Catch AS
Iceland Seafood International hf
LerÃ¸y Seafood Group ASA
Norebo Holding JSC
Norges SjÃ¸matrÃ¥d AS
Norsk SjÃ¸mat AS.
COD Market Segmentation:
Our report has categorized the market by region, species, source, product type, and sales channel.
Distribution according to types:
Distribution according to source:
Breakdown by product type:
Distribution according to sales channel:
Supermarkets and hypermarkets
Distribution according to regions:
North America (USA, Canada)
Europe (Germany, France, Great Britain, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Main highlights of the report:
Market performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market drivers and success factors
Comprehensive mapping of the competitive landscape
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