DUBLIN--(BUSINESS WIRE)--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.
Competitive Landscape
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.
Key Players
- All Easy Go Frozen Seafood Co. Ltd.
- Aquafin Trade Inc.
- East Coast Seafood LLC
- Sea to Table Inc.
- Wenzhou Haideli Shark Products Co. Ltd.
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- Shark fin - Market size and forecast 2018-2023
- Shark meat - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Growing applications of shark parts
- Decreasing shark landings
- Growth prospects in e-commerce
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- All Easy Go Frozen Seafood Co. Ltd.
- Aquafin Trade Inc.
- East Coast Seafood LLC
- Sea to Table Inc.
- Wenzhou Haideli Shark Products Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/dd43jj/global_shark_meat?w=4
