According to the latest report by IMARC Group, titled “Trout Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global trout market size reached 929 Thousand Metric Tons in 2022. Looking forward, IMARC Group expects the market to reach 1,065 Thousand Metric Tons by 2028, exhibiting a growth rate (CAGR) of 2.1% during 2023-2028. Trout represents a species of freshwater fish belonging to the Salmonidae family. It acts as a rich source of niacin, selenium, calcium, potassium, omega-3 fatty acids, vitamin B12, protein, etc. Some of the most common varieties of trout generally include sea trout, rainbow trout, brook trout, golden trout, etc. They aid in maintaining cholesterol levels and muscular strength, mitigating the risk of cardiovascular diseases, repairing damaged tissues, improving metabolism, enhancing digestive health, etc. Consequently, trout is gaining extensive traction as a healthy seafood option.
Global Trout Market Growth:
The expanding aquaculture industry and the increasing exports of freshwater fish species are primarily driving the trout market. Additionally, the shifting consumer preferences from high-calorie food items towards a protein-rich diet and the implementation of seafood safety regulations by government bodies across countries are further bolstering the market growth. Besides this, the escalating demand for canned, processed, and chilled trout with easy storage and prolonged shelf life, owing to sedentary lifestyles and hectic schedules of individuals, and the rising prevalence of foodborne illnesses that are caused by pathogens present in conventionally cultured trout are acting as significant growth-inducing factors. Moreover, the growing number of seafood-based eateries and quick-service restaurants (QSR) that serve gourmet and inter-continental dishes prepared from trout is positively influencing the global market. Apart from this, the introduction of innovative aquaculture practices by key market players for enhancing productivity and controlling disease outbreaks is also stimulating the market growth. Furthermore, the development of product variants, including supplements and fillets, is projected to fuel the trout market in the coming years.
Competitive Landscape With Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Albury Estate Fisheries
- Aquabest Seafood LLC
- JM Clayton Seafood Company
- Cermaq Group AS
- Clear Springs Foods LLC
- Grieg Seafood ASA
- Lerøy Seafood Group ASA
- Mowi ASA
- Rushing Waters Fisheries LLC
- Sunburst Trout Farms
- Torre Trout Farms Ltd
Also, Read Full Blog: Largest Trout Companies
Key Market Segmentation:
- Rainbow Trout
- Ohrid Trout
- Sea Trout
- Golden Trout
- Brook Trout
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Outlets
- Online Channels
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, 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, Other)
Key highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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