Aquaculture, despite its ups and downs, continues to grow at a steady rate and is one of the world’s fastest growing food sectors. Perch is a common name for freshwater gamefish of the genus Perca, which belongs to the Percidae family. The growing seafood industry is driving sales of perch fish, which are high in protein and selenium and are both delicious and nutritious, as well as a good source of lean protein and omega-3 fatty acids.
The numerous health benefits of perch are driving their adoption as a healthy seafood ingredient. The United States Department of Agriculture (USDA) recommends eating seafood twice a week, which will likely fuel perch market growth.
Perch varieties are becoming increasingly popular due to their tasty and firm meat. Because yellow perch has a firm texture, a mildly sweet flavour, and adapts to a variety of cuisines, its popularity in the seafood industry is expected to grow. The perch market will benefit even more as a result of this.
Market Dynamics of Perch
Perch fish is consumed all over the world, and this fish generates a significant amount of revenue. In the near future, perch’s popularity will become a demand driver for the perch market. International trade in the fishing industry has seen consistent demand from a number of traditional import markets, such as the United States, Japan, France, and Spain, which is expected to drive the global Perch market forward in the near future.
The rising government initiatives for the growth of the fishing industry are expected to drive the perch market in the near future. Perch fish is used for finding large quantities, but pollution in fresh water streams has reduced the population of perch fish, posing a threat to the perch market’s expansion in the near future.
Perch Market Forecasts by Region
North America, Latin America, Europe, APEJ, Japan, and MEA are the six regions that make up the perch market. Because of the significant increase in the export value of perch in North America, North America is expected to lead the perch market demand. In the large established markets of the United States of America, there are a significant number of seafood-hungry buyers. North America’s share of the global perch market is expected to grow, while production is expected to remain stable. In the near future, Latin America is expected to see a significant increase in the total export value of perch.
Increased competition in Europe’s domestic market, as well as increased demand for perch, are expected to drive demand for perch in Europe. In the near future, Asia, particularly China, will continue to be the global driver of perch market development on both the supply and demand sides. In the future, Japan is expected to compete with other countries in terms of perch market demand and supply. In the coming years, demand for perch is expected to be driven by the Middle East and Africa.