ANZ Canned Seafood Market Size & Outlook, 2023-2030

The canned seafood market in ANZ is expected to reach a projected revenue of US$ 935.4 million by 2030. A compound annual growth rate of 3% is expected of ANZ canned seafood market from 2024 to 2030.
Revenue, 2023 (US$M)
$758.5
Forecast, 2030 (US$M)
$935.4
CAGR, 2024 - 2030
3%
Report Coverage
ANZ

ANZ canned seafood market highlights

  • The ANZ canned seafood market generated a revenue of USD 758.5 million in 2023 and is expected to reach USD 935.4 million by 2030.
  • The ANZ market is expected to grow at a CAGR of 3% from 2024 to 2030.
  • In terms of segment, fish was the largest revenue generating product in 2023.
  • Fish is the most lucrative product segment registering the fastest growth during the forecast period.


Canned seafood market data book summary

Market revenue in 2023USD 758.5 million
Market revenue in 2030USD 935.4 million
Growth rate3% (CAGR from 2023 to 2030)
Largest segmentFish
Fastest growing segmentFish
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFish, ShellFish


Other key industry trends

  • In terms of revenue, ANZ accounted for 1.3% of the global canned seafood market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China canned seafood market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,102.8 million by 2030.

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Canned Seafood Market Companies

Name Profile # Employees HQ Website

ANZ canned seafood market outlook

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. 

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Target buyers of ANZ canned seafood market databook

  • Our clientele includes a mix of canned seafood market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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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ANZ canned seafood market size, by product, 2018-2030 (US$M)

ANZ Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)

ANZ canned seafood market size, by product, 2018-2030 (US$M)

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