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Trout Market Report by Trout Type (Rainbow Trout, Ohrid Trout, Sea Trout, Golden Trout, Brook Trout, and Others), Trout Size (Large, Small), Distribution (Foodservice, Retail), Packaging Form (Fresh, Frozen, Canned, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112023A3789
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Market Overview:
The global trout market size reached 988 Thousand Metric Tons in 2023. Looking forward, IMARC Group expects the market to reach 1,157 Thousand Metric Tons by 2032, exhibiting a growth rate (CAGR) of 1.7% during 2024-2032.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
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2023
|
|
Forecast Years
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2024-2032
|
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Historical Years
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2018-2023
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Market Size in 2023
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988 Thousand Metric Tons |
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Market Forecast in 2032
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1,157 Thousand Metric Tons |
| Market Growth Rate 2024-2032 | 1.7% |
Trout refers to a species of freshwater fishes belonging to the Salmonidae family that are mostly found across Eurasia and North America. Some of the common varieties of trout include golden trout, Ohrid trout, sea trout, rainbow trout, brook trout, etc. Trouts are as a rich source of protein, niacin, vitamin B12, selenium, calcium, potassium, omega-3 fatty acids, etc., and help in maintaining cholesterol levels, muscular strength, repairing damaged tissues, mitigating the risk of cardiovascular diseases, etc. The expanding aquaculture industry along with the rising number of exports of freshwater fish species is primarily driving the demand for trout.
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The increasing consumer health-consciousness has led to a shift from high-calorie food items towards a protein-rich diet. This coupled with the growing consumer awareness towards various health benefits of trout such as improving metabolism, enhancing skin health, minimizing hypertension, etc., is driving the market growth. Additionally, the hectic work schedules and sedentary lifestyles of the consumers are augmenting the need for processed, canned, and chilled trout with prolonged shelf life and easy storage. Apart from this, the rising number of quick-service restaurants (QSR) and seafood-based eateries that serve gourmet and inter-continental dishes prepared from trout is further catalyzing the global market. Moreover, the increasing incidences of foodborne illnesses caused by pathogens present in conventionally cultured trout are also bolstering the demand for organic variants. In the coming years, the introduction of various innovative aquaculture practices for enhancing productivity and controlling disease outbreaks in trout species will continue to drive the market further.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global trout market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on trout type, trout size, distribution and packaging form.
Breakup by Trout Type:
- Rainbow Trout
- Ohrid Trout
- Sea Trout
- Golden Trout
- Brook Trout
- Others
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Breakup by Trout Size:
- Large
- Small
Breakup by Distribution:
- Foodservice
- Retail
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Outlets
- Online Channels
- Others
Breakup by Packaging Form:
- Fresh
- Frozen
- Canned
- Others
Breakup by Region:
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- Europe
- Armenia
- Norway
- Italy
- France
- Denmark
- Spain
- Poland
- Others
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- Australia
- Indonesia
- Vietnam
- Others
- Latin America
- Chile
- Peru
- Mexico
- Brazil
- Others
- Middle East and Africa
- Turkey
- Iran
- Egypt
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Albury Estate Fisheries, Aquabest Seafood LLC, JM Clayton Seafood Company, Cermaq Group AS, Clear Springs Foods LLC, Grieg Seafood ASA, Lerøy Seafood Group ASA, Mowi ASA, Rushing Waters Fisheries LLC, Sunburst Trout Farms and Torre Trout Farms Ltd.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million, ‘000 Metric Tons |
| Segment Coverage | Trout Type, Trout Size, Distribution, Packaging Form, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | Armenia, Norway, Italy, France, Denmark, Spain, Poland, United States, Canada, China, Japan, Australia, Indonesia, Vietnam, Chile, Peru, Mexico, Brazil, Turkey, Iran, Egypt |
| Companies Covered | Albury Estate Fisheries, Aquabest Seafood LLC, JM Clayton Seafood Company, Cermaq Group AS, Clear Springs Foods LLC, Grieg Seafood ASA, Lerøy Seafood Group ASA, Mowi ASA, Rushing Waters Fisheries LLC, Sunburst Trout Farms and Torre Trout Farms Ltd. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global trout market reached a volume of 988 Thousand Metric Tons in 2023.
We expect the global trout market to exhibit a CAGR of 1.7% during 2024-2032.
The rising demand for trout as it aids in improving metabolism, enhancing skin health, minimizing hypertension, etc., is primarily driving the global trout market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous aquaculture activities, thereby negatively impacting the global market for trout.
Based on the trout type, the global trout market can be categorized into rainbow trout, Ohrid trout, sea trout, golden trout, brook trout, and others. Among these, rainbow trout accounts for the majority of the global market share.
Based on the distribution, the global trout market has been bifurcated into foodservice and retail, where foodservice currently exhibits a clear dominance in the market.
Based on the packaging form, the global trout market can be segregated into fresh, frozen, canned, and others. Currently, fresh holds the largest market share.
On a regional level, the market has been classified into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global trout market include Albury Estate Fisheries, Aquabest Seafood LLC, JM Clayton Seafood Company, Cermaq Group AS, Clear Springs Foods LLC, Grieg Seafood ASA, Lerøy Seafood Group ASA, Mowi ASA, Rushing Waters Fisheries LLC, Sunburst Trout Farms, and Torre Trout Farms Ltd.
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