Market revenue in 2023 | USD 758.5 million |
Market revenue in 2030 | USD 935.4 million |
Growth rate | 3% (CAGR from 2023 to 2030) |
Largest segment | Fish |
Fastest growing segment | Fish |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Fish, ShellFish |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to canned seafood market will help companies and investors design strategic landscapes.
Fish was the largest segment with a revenue share of 76.98% in 2023. Horizon Databook has segmented the ANZ canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
In Australia, seafood consumption has been on the rise, with a slight increase in the proportion of people consuming canned seafood. Australians are consuming seafood in various forms, including canned, fresh, and frozen, reflecting a growing acceptance of canned products as part of their diet.
The demand for canned seafood is driven by its convenience, longer shelf life, and perceived value, particularly during times of economic uncertainty. In addition, the Australian seafood market is characterized by a significant reliance on imports, with most of the edible seafood consumed being sourced from overseas, predominantly from Asia.
This has implications for the canned seafood segment, as many imported products include canned varieties, which often cater to lower price points compared to local offerings. In New Zealand, consumer preferences also show a strong inclination toward seafood, with a particular emphasis on saltwater species and shellfish.
Horizon Databook provides a detailed overview of country-level data and insights on the ANZ canned seafood market , including forecasts for subscribers. This country databook contains high-level insights into ANZ canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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