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The fishing bait market is forecasted to grow by USD 156.3 million during 2023-2028, accelerating at a CAGR of 3.58% during the forecast period. The report on the fishing bait market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of people participating in fishing, growing popularity of fly fishing, and growing use of fishing bait in sport fishing.
The fishing bait market is segmented as below:
By Distribution Channel
- Offline
- Online
By Type
- Fresh water
- Salt water
- Fly fishing
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the fishing bait market covers the following areas:
- Fishing bait market sizing
- Fishing bait market forecast
- Fishing bait market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global fishing bait market: 13 Fishing, AA Baits and Feeds, American Baitworks Co., Bizz Baits Inc. , BPS Direct LLC, Castaic Inc. , Duel Co., Ltd., Gamakatsu USA Inc., Magic Bait Co. Inc., Newell Brands Inc., Nichols Lures, Nikko Kasei Co. Ltd., O. Mustad and Son AS, Rapala VMC Corp., Smartbaits Inc., Taylor Mans Custom Lures, TIEMCO Ltd., Weihai Guangwei Group Co. Ltd., Weihai Liangchen Fishing Tackle Ltd., and Yakima Bait Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for environmentally friendly baits."
According to the report, one of the major drivers for this market is the increase in number of people participating in fishing.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 13 Fishing
- AA Baits and Feeds
- American Baitworks Co.
- Bizz Baits Inc.
- BPS Direct LLC
- Castaic Inc.
- Duel Co. Ltd.
- Gamakatsu USA Inc.
- Magic Bait Co. Inc.
- Newell Brands Inc.
- Nichols Lures
- Nikko Kasei Co. Ltd.
- O. Mustad and Son AS
- Rapala VMC Corp.
- Smartbaits Inc.
- Taylor Mans Custom Lures
- TIEMCO Ltd.
- Weihai Guangwei Group Co. Ltd.
- Weihai Liangchen Fishing Tackle Ltd.
- Yakima Bait Co.
