| Product Code: ETC4997357 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada herring market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -7.96%. However, the compound annual growth rate (CAGR) for 2020-2024 stood at a notable 49.39%. This shift could be attributed to changes in consumer preferences, supply chain disruptions, or evolving trade dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Herring Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Herring Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Herring Market - Industry Life Cycle |
3.4 Canada Herring Market - Porter's Five Forces |
3.5 Canada Herring Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Herring Market Revenues & Volume Share, By End Use, 2022 & 2032F |
4 Canada Herring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming herring, such as high omega-3 fatty acids content. |
4.2.2 Growing demand for sustainable and ethically sourced seafood products among Canadian consumers. |
4.2.3 Rising popularity of herring-based dishes in Canadian cuisine. |
4.3 Market Restraints |
4.3.1 Fluctuations in herring catch levels due to environmental factors and overfishing. |
4.3.2 Competition from other seafood products in the Canadian market. |
4.3.3 Challenges in maintaining consistent quality and freshness of herring products. |
5 Canada Herring Market Trends |
6 Canada Herring Market Segmentations |
6.1 Canada Herring Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Herring Market Revenues & Volume, By Pickled Herring, 2022-2032F |
6.1.3 Canada Herring Market Revenues & Volume, By Smoked Herring, 2022-2032F |
6.1.4 Canada Herring Market Revenues & Volume, By Others, 2022-2032F |
6.2 Canada Herring Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Canada Herring Market Revenues & Volume, By Residential, 2022-2032F |
6.2.3 Canada Herring Market Revenues & Volume, By Restaurants, 2022-2032F |
6.2.4 Canada Herring Market Revenues & Volume, By Others, 2022-2032F |
7 Canada Herring Market Import-Export Trade Statistics |
7.1 Canada Herring Market Export to Major Countries |
7.2 Canada Herring Market Imports from Major Countries |
8 Canada Herring Market Key Performance Indicators |
8.1 Consumer satisfaction ratings with herring products. |
8.2 Percentage of herring products sourced from sustainable fisheries. |
8.3 Number of new herring-based recipes introduced in Canadian restaurants and food blogs. |
9 Canada Herring Market - Opportunity Assessment |
9.1 Canada Herring Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Herring Market Opportunity Assessment, By End Use, 2022 & 2032F |
10 Canada Herring Market - Competitive Landscape |
10.1 Canada Herring Market Revenue Share, By Companies, 2025 |
10.2 Canada Herring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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