The global carp market grew at a CAGR of 5% during 2015-2020. Carp refers to a greenish-brown fish species, belonging to the Cyprinidae family, that are mostly found in freshwater bodies. Some of the common variants include silver carp, common carp, grass carp, bighead carp, crucian carp, Catla carp, black carp, etc. Carp acts as a rich source of omega-3 fatty acids, lean proteins, vitamins, and essential minerals. As a result, it offers numerous health benefits in maintaining good heart health, boosting immunity, relieving respiratory problems, strengthening bones and teeth, improving vision, etc. The global market for carp is primarily driven by the expanding aquaculture sector and the growing number of fish trade activities.
The rising consumer health concerns towards the high prevalence of cardiovascular ailments, premature skin aging, deteriorating bone health, etc., are augmenting the demand for carp. Furthermore, the changing consumer preferences from high-calorie food items towards a protein-rich diet are also catalyzing the product demand. Additionally, the growing awareness towards several health benefits of carp in balancing hormone levels and reducing the risk of chronic diseases is further propelling the market growth. Apart from this, the hectic consumer work schedules and sedentary lifestyles have led to the increasing adoption of canned, chilled, and frozen carp. Furthermore, several upgradations in the supply chain systems of fresh and processed product variants are also driving the market growth. Additionally, the wide availability of numerous carp-based products, such as gutted, headfish, semi-fillets, fillets, etc., across both brick-and-mortar and online retail channels is further augmenting the global market. Looking forward, IMARC Group expects the global carp market to continue its moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global carp market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, species, product, source and distribution channel.
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The competitive landscape of the industry has also been examined with some of the keyplayers being Anhui Fuhuang Sungem Foodstuff Group Co. Ltd., Baiyang Investment Group Inc., Coarse Fish UK, Greenwater Fish Farm, Hampshire Carp Hatcheries, Priory Fishery Ltd, Quintons Orchard Fish Farm and VS Fisheries.
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