About Fish stick
Fish sticks or fish fingers are a type of food probably invented in the United Kingdom. They are made of a whitefish like cod that is battered and breaded. They are basically eat by baking in oven or fried deeply in oil. The market of fish stick is growing due to the factors like acceptance of western cuisine, while some of the factors like growing substitute like vegan food is hampering the market growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.8% |
The fish stick market is highly fragmented in nature with a large number of international as well as regional players operating in the market. There are various mergers and acquisition are taking place with the respect to the market. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gorton's Inc (United States), Bluewater Seafoods Inc (Nippon Suisan) (Canada) and Conagra Brands (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fish stick market by , Application (Restaurant and Household) and Region.
On the basis of geography, the market of Fish stick has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Fish stick market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Packet will boost the Fish stick market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fish, the sub-segment i.e. Cod will boost the Fish stick market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Enhancement in the Flavor
Market Growth Drivers:
Increasing Acceptance of Western Cuisine and Food Habits across the World
Challenges:
Usage of Preservatives in Fish Stick
Restraints:
Availability of Various Substitute Product and Growing Vegetarian Market
Opportunities:
Growing Demand in Emerging Market
Market Leaders and their expansionary development strategies
In June 2022, Conagra Brands announced a partnership with the Marine Stewardship Council (MSC) to bring more sustainably sourced seafood options to the American consumer.
On February 2023, McCain Foods Limited, a major producer of frozen French fries and other products, announced a partnership with Bumble Bee Seafoods to launch co-branded fish stick products. This collaboration aimed to leverage each company's strengths: McCain's expertise in potato products and Bumble Bee's reputation in seafood.
Key Target Audience
Fish Stick Manufacturers, Suppliers of Fish Stick products, Wholesalers, Distributors and Retailers of Fish Stick products, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.