+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Herring Market - Forecasts from 2025 to 2030

  • PDF Icon

    Report

  • 146 Pages
  • December 2024
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5899353
The Herring market is expected to grow at a compound annual growth rate (CAGR) of 3.33% from US$263.078 million in 2025 to US$309.846 million in 2030.

Herring is a type of fish that is generally seen in the cold seas. Herring is used as a food product worldwide in culinary food preparation, and it offers protein, omega 3, and vitamin B12, among others. It also helps to reduce inflammation and supports brain and heart health.

Herring also offers key applications in the global pharmaceutical sector. In the pharmaceutical sector, it is used in allergy testing. Herring extract is used in allergenic testing, and the use of milt herring hydrolysate is also reported to prevent metabolic syndrome. The herring also offers critical benefits in preventing various types of cardiovascular diseases.

Herring is a rich source of omega-3 fatty acids, which helps in boosting heart health. The growing cases of heart disease worldwide will boost the global consumption of herring. The Centers for Disease Control and Prevention of the USA stated that in 2022, the total number of deaths in the nation caused by heart diseases was recorded at 702,880, whereas coronary artery diseases caused 371,506 deaths.

Other trends driving the popularity of the consumption of herring and other fatty fish include people becoming more aware of the benefits attached to the consumption of fish, such as herring, on health. Health specialists advocate their consumption because they are lower cholesterol and triglyceride production besides fighting dangerous arrhythmias. On the other hand, Americans are advised by the Heart Association to consume at least twofold a week product for example herring.

With dietary patterns in continuous transformation towards healthier, sustainable options, the affordable protein value herring represents would make it more relevant. With an ever-changing menu to go well with any cuisine, this has broadened its appeal for most different demographic groups. Thus, its increasing demand as a healthier food, easy to prepare and with taste would give more reasons to put this commodity at the forefront both of the culinary and the health-focused markets.

Herring market drivers

Growing global production of seafood and aquatic products is projected to propel the Herring market expansion.

The growing global production of seafood and aquatic products is propelling the herring market worldwide during the forecasted timeline. The global demand for seafood and aquatic products has witnessed a significant increase over the past few years. The growth is majorly supported by the increasing consumer awareness about the health benefits of seafood compared to other meat products.

The Food and Agriculture Organization, in its report, stated that in 2022, global fisheries and aquaculture production was recorded at 223.2 million tonnes, with Asia accounting for about 70% of the total production. The agency further stated that in 2022, the production of aquatic animals was recorded at 185.4 million tonnes. Similarly, the Ministry of Commerce & Industry of the Indian Government, in its press release, stated that the production of seafood in the nation was 182.7 lakh tons in 2023, which increased from 162.48 lakh tons in 2021 and 175.45 lakh tons in 2022.

Consumer preference towards healthy consumption is leading to the awareness of herring nutrition content. It includes a good quantity of omega-3 fatty acids that promote heart and brain health. The growing popularity of sustainable seafood drives up demand for herring. Consumer demand to stay environmentally aware also contributes as fishing can lead to harm in these ecosystems.

Also, innovative aquaculture practices would increase the productivity of herring and continue to deliver a stable supply to answer the growing needs of markets. All these aspects combine to place the herring market at the forefront of rapid growth by tracking all the trends in healthy, sustainable foodstuffs globally.

Herring market geographical outlook

Based on geography, the Herring market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia-Pacific. Europe is anticipated to hold a substantial market share. Herring has been a part of European diets for many years, especially in Poland, Russia, and the Netherlands, where it is commonly used in traditional meals and cultural events. This deep culinary significance generates a steady demand for herring products throughout the region.The strong fishing industries in Norway, Denmark, and Iceland add to the strength of Europe's market. These countries enjoy nutrient-rich waters but also have sustainable fishing practices that appeal to environmentally conscious consumers. The European Union regulations and agreements on fish quotas ensure a steady supply of herring, which adds stability to the market.

In addition, the trends of urbanization are improving the commercial demand for herring. The consumer is looking for food items that can save their time and suit their lifestyle. With the growth of supermarkets and online retailing channels, it is easy to access herring as well.

The market for herring in Germany is growing significantly due to technological advancements and a move toward sustainable practices. Increased automation, digitization, and AI integration are emerging trends that should boost productivity and cut expenses. Additionally, businesses are investing in green technologies and circular economy initiatives, demonstrating the growing emphasis on environment-friendly solutions. Additionally, consumer preferences are changing, favouring sustainable and innovative products. Government incentives and regulatory support are helping the market grow even more. The German herring market will grow significantly over the next several years, becoming a major force in the European market environment.

Throughout the nation, herring, a fish with many uses, is used in traditional and modern recipes. The popularity of herring-based products like marinated herring, pickled herring, and herring fillets is driving demand in this market. These goods frequently appear in regional cuisine, such as traditional dishes like "Rollmops" and "Herring Salad," which are mainstays in German homes. Herring's nutritional advantages, such as its high omega-3 fatty acid content, have also increased its appeal as gourmet and health-conscious trends have grown. To adapt to shifting consumer tastes and increase their market share, food producers and processors are always developing new flavours and packaging designs.

Moreover, the average person in Germany consumes 14 kg of fish products. The consumption habits have shifted in recent years, and the demand for herring fish is also increasing, raising market growth. In terms of quantity, blue whiting (21 percent) and herring (42 percent) are the most commonly caught species. Rangon shrimp comprise 39 percent of the total value, with herring coming in second at 19 percent.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2029
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Herring market is analyzed into the following segments:

By Food Type

  • Pickled Herring
  • Smoked Herring
  • Others

By Type

  • Atlantic Herring
  • Pacific Herring
  • Others

By End-Use

  • Residential
  • Restaurants
  • Others

By Geography

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia-Pacific

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. HERRING MARKET BY FOOD TYPE
5.1. Introduction
5.2. Pickled Herring
5.3. Smoked Herring
5.4. Others
6. HERRING MARKET BY TYPE
6.1. Introduction
6.2. Atlantic Herring
6.3. Pacific Herring
6.4. Others
7. HERRING MARKET BY END-USE
7.1. Introduction
7.2. Residential
7.3. Restaurants
7.4. Others
8. HERRING MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Food Type
8.2.2. By Type
8.2.3. By End Use
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. By Food Type
8.3.2. By Type
8.3.3. By End Use
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. By Food Type
8.4.2. By Type
8.4.3. By End Use
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.2. Germany
8.4.4.3. France
8.4.4.4. Spain
8.4.4.5. Others
8.5. Middle East and Africa
8.5.1. By Food Type
8.5.2. By Type
8.5.3. By End Use
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. UAE
8.5.4.3. Israel
8.5.4.4. Others
8.6. Asia Pacific
8.6.1. By Food Type
8.6.2. By Type
8.6.3. By End Use
8.6.4. By Country
8.6.4.1. Japan
8.6.4.2. China
8.6.4.3. India
8.6.4.4. South Korea
8.6.4.5. Indonesia
8.6.4.6. Thailand
8.6.4.7. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Olsen Fish Company
10.2. Amity Fish
10.3. Nakhodka Seafood Sro
10.4. Acme Smoked Fish
10.5. Noon Hour Food Products
10.6. The Stickleblack Fish Company
10.7. TLC Thai Lein Manufacturing & Trading Co. Ltd.
10.8. Iceco Fish
10.9. Walcan Seafood Ltd.
10.10. Kipco-Damaco Group
10.11. Seacore Seafood
10.12. Vikomar AS
10.13. Polar Seafood

Companies Mentioned

  • Olsen Fish Company
  • Amity Fish
  • Nakhodka Seafood Sro
  • Acme Smoked Fish
  • Noon Hour Food Products
  • The Stickleblack Fish Company
  • TLC Thai Lein Manufacturing & Trading Co. Ltd.
  • Iceco Fish
  • Walcan Seafood Ltd.
  • Kipco-Damaco Group
  • Seacore Seafood
  • Vikomar AS
  • Polar Seafood

Methodology

Loading
LOADING...

Table Information