Market Size of Organic Fish Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.80 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Organic Fish Market Analysis
The organic fish market is projected to register a CAGR of 6.8% over the forecast period.
- The increasing adoption of organic farming by aquaculture farmers to improve productivity and nutritional content of products is positively influencing market growth. Furthermore, the shifting consumer preference for organic fish due to increased food-borne illnesses caused by pathogens such as salmonella and calicivirus found in conventionally cultured fish has increased product demand. Aside from that, there has been a significant shift from high-calorie foods to protein-rich diets due to increased awareness of their health benefits.
- Furthermore, the growing emphasis on sustainable development and rising consumer disposable incomes contribute to market growth. Moreover, governments in several countries are taking positive steps to encourage farmers to practice organic fish farming and, for example, starting campaigns to educate farmers about the benefits of organic farming.
- Other factors, including the growing health consciousness among consumers, easy availability of organic fish via online and offline retail channels, elevating sales of frozen organic fish products, and rapid growth in the food industry, are also anticipated to create a favorable market outlook.
