Global Carp Market Grows steadily at a CAGR of 6.26%.

Introduction

Carp is a high-quality source of lean protein, vitamins, and minerals. As a result, it has a wide range of health benefits, such as improving vision, boosting immunity, alleviating respiratory issues, maintaining good heart health, and so on. Some common varieties include silver carp, common carp, grass carp, bighead carp, crucian carp, Catla carp, black carp, etc. The expanding aquaculture industry and the escalating volume of fish trade activities are the primary drivers of the global carp market.

Market Dynamics

Rising Awareness about the Health Benefits and Growth Prospects in E-Commerce Drives the Global Market

Carp is an adequate source of proteins, iron, vitamin B12, and omega-3 fatty acids. Omega-3 fatty acids help reduce muscle inflammation and the risk of heart failure, blood clotting, triglycerides, and high blood pressure by reducing the number of free radicals produced by vigorous exercise. Governmental organizations are also launching several initiatives and activities to spread the word about the benefits of eating carp for health.

The potential growth of e-commerce is one of the key trends in the carp market, and it is anticipated that this trend will positively affect the sector. Many different vendors have also put digital strategies into practice. The growth of the world carp market will get more assistance during the forecast period.

Regional Analysis

The Asia-Pacific region contributes the most to the global carp market due to the high demand for protein-rich seafood. This has increased the production of products made from carp, particularly in China and India, where there is a large market for food items.

Key Highlights

• The global carp market was valued at USD 95.82 billion in 2021. It is projected to reach USD 165.49 billion by 2030, growing at a CAGR of 6.26% during the forecast period (2022–2030).
• Based on species, the market is divided into grass, silver, common, bighead, catla, and others. The grass market segment currently accounts for the largest revenue share of the global carp market.
• Based on form, the market is categorized into frozen and canned. The frozen market segment is expected to expand and contribute the most significant percentage of sales to the global carp market during the forecast period.
• Based on distribution channels, the market is categorized into hypermarkets and supermarkets, convenience stores, online, and others. The channels of supermarkets and hypermarkets accounted for the largest share of the global carp market.

Competitive Players

Competitive Analysis

The major players in the global carp market are:

• Baiyang Investment Group Inc.
• Coarse Fish UK
• Greenwater Fish Farm
• Dahu Aquaculture
• Zhangzidao Group
• Priory Fishery Ltd
• Hampshire Carp Hatcheries
• Quintons Orchard Fish Farm
• VS Fisheries
• Anhui Fuhuang Sungem Foodstuff Group Co. Ltd.

Recent Developments

Market News

• May 2022- Angling clubs joined the pollution fight as Angling Trust launched Water Quality Monitoring Network. As part of our Anglers Against Pollution campaign, the Angling Trust has launched the Water Quality Monitoring Network (WQMN) to engage angling clubs in better understanding pollution issues on their waters.
• March 2022- Total fishing received new fishing licenses unveiled by the Environment Agency. The Environment Agency (EA) has released new fishing license images designed by British Fish and Wildlife Artist David Miller.

Segmentation

Global Carp Market: Segmentation

By Species

• Grass
• Silver
• Common
• Bighead
• Catla
• Others

By Form

• Frozen 
• Canned

By Distribution Channel

• Hypermarkets and Supermarkets
• Convenience Store
• Online
• Others

By Regions

• North America
• Europe
• Asia-Pacific
• Central and South America
• The Middle East and Africa