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Pareesh Phulkar
1001 4th Ave
Seattle WA

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Major Growth Opportunities of Smoked Herring Fish Market by 2019 – 2026
Herring is the flesh of a fatty fish from the shallow waters of the northern Atlantic or Pacific oceans., 9/11/2019 - Herring is the flesh of a fatty fish from the shallow waters of the northern Atlantic or Pacific oceans. It is a part of the family of Clupeidae (order Clupeiformes). Herring can either be the Atlantic herring (Clupea harengus harengus) or the Pacific herring (C. harengus pallasii). Herrings are small-headed, streamlined, colored fish with silvery iridescent sides and deep blue, metallic-hued backs. Adult herring range from 20 to 38 centimeters (8 to 15 inches) in length and they can grow 1.5 feet long. They live up to 19 years and can inhabit fresh as well as salt water. Herring feeds on organisms such as copepods, pteropods, planktonic crustaceans, and fish larvae.

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Market Dynamics

Herring offers several health benefits, which is major factor driving growth of the Smoked Herring Fish Market. It has high levels of heart-healthy omega-3 fatty acids, essential fats that also play an important role in normal brain development and function. Studies carried out by the U.S. National Library of Medicine omega-3s help regulate inflammation and reduces the risk inflammation-associated disorders including heart attack, stroke, cancer, and autoimmune diseases such as rheumatoid arthritis. Furthermore, its provides benefits to patients suffering from high cholesterol, diabetes, symptoms of PMS, coronary artery disease, breast cancer, memory loss, depression, attention deficit hyperactivity disorder, insulin resistance, and arthritis. These are the major drivers for growth of the Smoked Herring Fish Market. However, the stringent government regulations with regards to the packaging of smoked herring products that includes proper lebelling and approval of the regulatory bodies amongst others is a major restraining factor for market growth.

Market Trends

Since 2014, smoked fish from Nigeria is marketed in the U.S. with the help of the Commercial Agriculture Development Project (CADP), supported by the World Bank. Through CADP, Nigerian farmers were introduced to new smoking kiln technology that improved fish processing by reducing the smoke level to internationally acceptable standards. Such technological advancements are expected to drive the growth of the market. Vendors in the smoked fish market are also investing in using biodegradable packaging materials such as bio-PET amongst others to increase the shelf life of the smoked fish products and to avoid the harmful effects of packaging solutions in the environment.

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Key players operating in Smoked Herring Fish Market include Zila Laguna, TSIALIOS, Gold Star, Empresas AquaChile SA, Faroe Seafood, Findus Group, Hansung Enterprise, Kverva AS, Labeyrie Fine Foods PLC amongst others.

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