6 minutes, 22 seconds
-122 Views 0 Comments 0 Likes 0 Reviews
IMARC Group’s report titled “COD Market Report by Species (Atlantic Cod Fish, Pacific Cod Fish, Greenland Cod Fish, and Others), Source (Farmed, Wild Capture), Product Type (Fresh, Canned, Frozen, and Others), Distribution Channel (Institutional, Retail), and Region 2025-2033”, Offers a comprehensive analysis of the industry, which comprises insights on the global COD market share. The global market size reached USD 11.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 16.5 Billion by 2033, exhibiting a growth rate (CAGR) of 4.22% during 2025-2033.
Factors Affecting the Growth of the COD Industry:
The cod market is strongly influenced by the need for sustainability and responsible fishing. Overfishing has hurt cod populations in the past, leading to strict rules and quotas from governments and global organizations. More people now care about the environment and want seafood that is sustainably sourced. This has led fisheries to adopt better practices, like limiting catches, using selective fishing gear, and turning to fish farming. Certifications like the Marine Stewardship Council (MSC) are important for showing commitment to sustainability. By 2024, the push for sustainable fishing will keep shaping the cod market as consumers and sellers prioritize eco-friendly choices.
Worldwide demand for seafood, including cod, is growing as eating habits change and the population increases. More people are choosing seafood for its health benefits, like high protein and omega-3 fats. This is especially true in regions with rising middle-class populations, like Asia and Africa, where seafood consumption is increasing quickly. Food trends like clean eating and high-quality protein diets are also boosting demand for cod. By 2024, the growing appetite for seafood will have a big impact on the cod market, with suppliers working to meet demand through wild-caught and farmed cod.
New technology in fish farming, or aquaculture, is helping meet the demand for cod while protecting wild fish. As overfishing remains a concern, farming cod has become a practical solution. Improvements in breeding, feed, and farming techniques are making cod farming more efficient and profitable. Technology that monitors fish health and farming conditions is improving the quality of farmed cod. As people look for responsibly sourced seafood, aquaculture will play a bigger role in supplying cod. By 2024, better farming practices will provide a steady supply of cod while reducing pressure on wild stocks.
Grab a sample PDF of this report: https://www.imarcgroup.com/cod-market/requestsample
Leading Companies Operating in the Global COD Industry:
COD Market Report Segmentation:
Breakup by Species:
Breakup by Source:
Breakup by Product Type:
Breakup by Distribution Channel:
Regional Insights:
COD Market Trends:
The cod market is seeing several key trends. One major trend is the focus on health and wellness, with more people choosing cod for its high protein and omega-3 benefits. By 2024, demand for cod is expected to grow as part of healthy eating habits. Online shopping is also changing the way cod is sold, making it easier for consumers to access and buy it. Additionally, interest in global cuisines like Scandinavian and Mediterranean dishes is boosting the popularity of cod in new recipes and products. These trends show that the cod market will grow, driven by sustainability, health, and diverse food options.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1–631–791–1145