Description
The activity of catching fishes
including other seafood particularly for commercial profit is known as
commercial fishing. Commercial fishing often requires rendering further into
the ocean in difficult conditions. Commercial fishing conducted on a
large scale is known as industrial fishing. Tuna, Carp, Cord, Shrimp, Salmon,
Calms, and Squids are harvested by commercial fishermen. Different methods are
adopted for commercial fishing such as large nets, line and pole, traps or pots
or trolling with single lines. Commercial fishing varies from organization to
organization. It may include a man in a boat with pot traps or hand casting
nets to a fleet of trawlers doling out tons of fishes.
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Fish and seafood are vital source
for protein intake. The growing awareness among the health conscious people has
boosted the demand for commercial fishing market. Abundant availability of
variety of fishes such as Tuna, Cord, and Salmon is one of the primary drivers
of the market. The demand for different variety of seafood is on the rise
mainly due to growth in population that is instigated by changing food
consumption trends. Commercial fishing has led to overexploitation or depletion
of the sea. This has affected the stock adversely. Commercial fishing as a
profession is very dangerous as people associated with this task are often
prone to fatal accidents. The accidents have led to the death of many men on
and off board. Fish oil obtained from the tissues of oily fish finds itself
useful in the field of medical science. It helps avoid the growth of prostate
cancer, reduces blood pressure and protects the brain from symptoms of
Alzheimer’s disease. Hence, the commercial fishing market is expected to fuel
owing to growing applications in various sectors.
Commercial fishing is prominently
performed in Asia-Pacific wherein China, Japan, Indonesia, India and Thailand
are the key regions. China accounts for one-third of the world’s production
Asia- Pacific is followed by South America and North America where the U.S
holds substantial market share. Hudson Fish Co., Shanghai Kaichuang Marine
International Co Ltd, Tassal Group Ltd, Toyo Suisan Kaisha Ltd, Umami
Sustainable Seafood Inc, Waterbase Ltd are some of the key players among
others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
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