Rising Adoption of Pangasius Market to Fuel Revenue Growth Through 2019 - 2029
Pangasius:
Market Outlook
Pangasius is one of the most popular fish product
consumed by the global population. Pangasius is prominently found in the
Vietnam, Cambodia and other surrounding nations. Vietnam is among the top
producer country for the pangasius. Vietnam uses the aquaculture technique to
increase the production of pangasius to meet global demand.
Vietnam is also the top exporter of pangasius across
the globe. Vietnam exports more than 50% of its production of pangasius. The
export quality and changing consumer preference towards the pangasius is
increasing market demand form the countries such as Russia, Middle Eastern
countries and some Asian countries for pangasius imported from Vietnam.
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Pangasius has many health benefits due to its low-fat
content. Pangasius is also enriched with a high amount of proteins and hence it
is used in the nutraceuticals and dietary supplements. Pangasius is considered as
one of the best sources of the omega-3 fatty acid which is essential for the
good health of the heart. This functional properties of the pangasius have
various applications in dietary supplements and pharmaceutical industry.
Growing
Awareness about the Cardio Vascular Diseases Driving the Market Growth for the
Pangasius
Consumers are getting aware of the cardiovascular
diseases and the preventive measures are taken by them. The pangasius is rich
in omega-3 fatty acids which is beneficial in the prevention in the various
heart diseases. This awareness among the consumers is driving the market growth
for the pangasius across the globe. Countries like Thailand, China and Cambodia
are using new and innovative techniques to increase the production of pangasius
and to satisfy the global demand for pangasius.
The variety in pangasius such as pangasius bocourti has
a mildly sweet flavor, it is white meat and contains slight flaky texture.
These properties of pangasius bocourti are expected to boost the market growth
of pangasius across the globe.
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The consumer preference is inclining towards the
pangasius food in the regions like Europe and North America. Many restaurants
in these regions are now featuring within pangasius food in their food menu.
This trend is expected to increase market growth for the pangasius market
across the globe.
Pangasius
Market: Market Participants
The market participants in the global pangasius market
identified across the value chain includes Iglo Group, Marine Harvest, High Liner
Foods, Thai Union Frozen Products, Leroy Seafood Group, Dong Won Fisheries,
Beijing Princess Seafood International Trading, Findus Group, Empresas
AquaChile, Hansung Enterprise, Faroe Seafood, Labeyrie Fine Foods, Mogster
Group, Kverva, Sajo Industries, Surapon Foods, Tassal Group, Stolt Sea Farm
among the other pangasius producers across the globe.
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