The poke foods market share will post an incremental growth of USD 781.91 million, progressing at a CAGR of 8.41% during the forecast period. The health benefits of poke foods will offer immense growth opportunities to market vendors. The poke foods market is fragmented, and the vendors are deploying growth strategies such as using low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Poke Foods Market by Product and Geography - Forecast and Analysis 2022-2026” provides a detailed market analysis of the prevalent market forces, trends, and challenges that are likely to impact the market in focus.
The poke foods market is segmented by product (varieties of tuna and other species) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
The growth of the poke foods market in the varieties of tuna segment will be significant during the forecast period. Factors such as increasing consumption of tuna fish across major seafood-consuming countries and the rising number of new vendors entering the poke foods sector will facilitate the poke foods market based on varieties of tuna during the forecast period.
By geography, increasing awareness about the health benefits of frozen fish and seafood will drive the poke foods market growth in North America over the forecast period. 71% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for the poke foods market in North America.
The health benefits of poke foods will directly influence the sales of the poke foods. In addition, the rising trend of organic seafood and poke foods is one of the major poke foods market trends that will have a positive impact on market growth. However, the rising prices of tuna will hamper the poke foods market growth.
Some of the major poke foods market vendors are Acme Smoked Fish Holding Corp., Ahipoki Bowl, ALOHA POKE Co., Double Seven Hospitality, ECOO Common Foods GmbH and Co. KG, FreshFin Poke, Ginger Sushi Boutique Franchise, HARTFORD POKE Co., HEALTHY POKE SL, Moe Poke, ONO Poke Shop, Poke Me Group Pty Ltd., POKED, Pokeworks, Sweetfin, Fishbowl Venture Sdn Bhd, THE POKE Co., The Poke Lab, Western United Fish Co. dba AnnaSea Foods Group, and ia poke.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2022-2026.
CAGR of the poke foods market forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the poke foods market share.
Prediction on the upcoming trends, drivers, and factors that challenge the growth of the poke foods market.
Poke Foods industry growth across North America, Europe, APAC, South America, and the Middle East and Africa.
