![]() The global Rainbow Trout market is segmented on the basis of: Global Rainbow Trout Market Report Segments: Yes, the report can be customized as per your need. North America, Europe, APAC, Latin America, MEAĢ019 to 2020 (Data from 2010 can be provided as per availability) Mowi ASA, Leroy Seafood Group, Cermaq, Grieg Seafood, Clear Springs Foods, Torre Trout Farms, Sunburst Trout Farms, Rushing Waters Fisheries Get Free Sample Report Scope Of The Reportįresh Rainbow Trout, Frozen Rainbow Trout Technological advancements in fish farming and processing are providing a boost to the global rainbow trout market The rising disposable income of consumers in developing countries is propelling demand for premium quality seafood products, including rainbow trout.The increasing popularity of aquaculture is contributing to the growth of the rainbow trout market worldwide.This is fueling the demand for rainbow trout in the global market. Rainbow trout are a good source of omega-3 fatty acids, which are beneficial for human health.Increasing demand for healthy and nutritious food products is driving the growth of the rainbow trout market.Furthermore, expansion plans by various companies including Marine Harvest Farmed Salmon Ireland Novozymes A/S (Denmark) are anticipated to fuel product demand during the estimated time span. Moreover, rising awareness regarding healthy eating habits among consumers has resulted in increased consumption of seafood products including salmonid fish such as Oncorhynchus spp., which will drive industry growth over the forecast period.Īsia Pacific is projected to be one of fastest-growing regions with a CAGR exceeding 5% from 2018 to 2030 owing to increasing health consciousness among consumers along with growing income levels especially in China and India will have a positive impact on product sales volume. Increasing demand for salmon in restaurants, hotels, and food chains is one of the key factors driving industry growth. The region is expected to maintain its dominance over the forecast period. North America was the largest regional market in 2017 and accounted for a share of more than 30%. This trend will benefit Rainbow Trout farmers across the globe as this application requires frozen product only while serving freshness during consumption occasions thus promoting demand from both sides i.e. Indirect sales are expected to witness significant growth over the forecast period due to rising production volume in several countries such as China, Vietnam, Indonesia and others which has resulted in increased utilization of frozen product for food service applications or for use by hotels & restaurants on a budgeting basis (i.e., cost per serving). The expansion of retail network by these companies is a key factor driving the segment growth as they offer premium quality products through an extensive distribution channel with low prices compared to traditional fish markets. The former was valued at USD 2.97 billion in 2017 owing to the expansion of retail network by the major brands including Walmart, Target, Amazon and others. The market is segmented into direct sales and indirect sales. The primary reason for its cultivation is its rich content of omega-3 fatty acids, which helps in reducing the risk associated with Cardiovascular Diseases (CVDs) such as arrhythmia and heart failure. It is an important food source in many cultures and has been farmed commercially for thousands of years. The best way to keep freshness in this form of seafood is by not freezing it but rather by storing it at a very cold temperature below 0☌ (32☏).įrozen Rainbow Trout or sometimes called as Pacific salmon is a species of fish belonging to the Salmon family. Freshly captured fish has more nutrients and proteins than other forms of seafood which makes it taste better, look better, smell better and be more tender when cooked. It is also known as Pacific trout and Atlantic salmon. A trout that is a brightly colored, fresh water fish that is related to the salmon and is found in North America, Europe.įresh Rainbow Trout is a species of fish in the Salmonid family.
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