Major companies in the fishing, hunting, and trapping market include Nippon Suisan Kaisha Ltd., Maruha Nichiro Corporation, Leroy Seafood Group ASA, Angler’s Legacy, American Sportfishing Association, Keep America Fishing Organization, National Association of Sporting Goods Wholesalers, National Rifle Association.
The global fishing, hunting and trapping market is expected to grow from $936.4 billion in 2021 to $1,031.78 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%. The fishing, hunting, and trapping market is expected to grow to $1,507.13 billion in 2026 at a CAGR of 9.9%.
The fishing, hunting, and trapping market consists of sales of fishing, hunting, and trapping products by entities (organizations, sole traders, and partnerships) that are engaged in fishing (including commercial aquaculture), hunting, and trapping activities.This market excludes processed products such as canned food and game meat (after butchering).
This market also excludes proceeds from captive (internal) consumption of the ’fishing, hunting, and trapping’ produce for further processing.
The main types of fishing, hunting, and trapping are fishing, hunting, and trapping.Fishing refers to the sport or business of catching fish.
The various applications included sportfishing associations, fishing organizations, and other applications.
The Asia Pacific was the largest region in the fishing, hunting, and trapping market in 2021.Western Europe was the second-largest region in the fishing, hunting, and trapping market.
The regions covered in the fishing, hunting, and trapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Technological advanced Fish Aggregating Device (FAD) are increasingly being adopted by the fishing companies for increased production.FAD is a structure or device, made of any material, used to lure fish.
In recent years, the FAD is available with sonar and satellite buoys for receiving efficient tracking information related to marine animals.
The countries covered in the fishing, hunting, and trapping market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam.
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