Global Shark Meat Market (2019-2023) to Post a CAGR of Approx 6% - Growth Prospects in E-Commerce - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 21, 2019--The “Global Shark Meat Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The shark meat market will register a CAGR of almost 6% by 2023.
The demand for shark fin soup is rising across the globe, which will drive the market during the forecast period. Most of the shark fins are used to make soups which is a popular dish in China, Thailand, and Singapore. Shark fin soup is a soup or broth of Chinese origin made with shark fin and flavored with chicken or some other stock.
The fin itself has very little flavor and it is used primarily to add texture to the dish and because it is seen as a delicacy. It is often served to guests at important events like weddings and business banquets.
In addition, shark fin is served at wedding banquets, important business functions, and other special occasions in Asian countries. The consumers in Thailand, especially people living in urban areas, have been developing interests for shark fin soup.
High nutritional value
Shark is nutritious seafood as it has high levels of vitamins, minerals, and healthy fats. The global demand for shark meat has increased as it is a rich source of key nutrients, including trace minerals and omega-3 fatty acids. It is also a good source of magnesium and selenium, an important nutrient for sperm production.
Overexploitation and depletion of fish stocks
Even though commercial fishing and aquaculture are driving the market, overexploitation and depletion of marine species are the major challenges for the global shark meat market. Commercial fishing has adversely affected the fish stock. Overfishing is a major challenge and a threat to the survival of several shark species.
The shark meat market appears to be moderately concentrated and with the presence of few vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/research/dd43jj/global_shark_meat?w=4
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Related Topics:Meat, Poultry and Eggs
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 03/21/2019 07:53 AM/DISC: 03/21/2019 07:53 AM