Brazil Canned Seafood Market Size & Outlook, 2023-2030
Brazil canned seafood market, 2018-2030 (US$M)
Related Markets
Brazil canned seafood market highlights
- The Brazil canned seafood market generated a revenue of USD 1,727.7 million in 2023 and is expected to reach USD 2,117.9 million by 2030.
- The Brazil 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 2023 | USD 1,727.7 million |
| Market revenue in 2030 | USD 2,117.9 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 |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.0% 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 Latin America, Brazil canned seafood market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,117.9 million by 2030.
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Canned Seafood Market Scope
Canned Seafood Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 74.08% in 2023. Horizon Databook has segmented the Brazil canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
The affordability of canned seafood makes an attractive protein source for consumers across Brazil. The affordability of canned fish compared to red meat has made it a staple choice, especially among lowerincome households.
The rising urban population, particularly in cities like São Paulo and Rio de Janeiro, further supports this trend as more consumers turn to canned options for their cost-effectiveness and longer shelf life. The canned seafood market in Brazil is witnessing growth driven by flavor innovations that cater to evolving consumer preferences and culinary trends.
Manufacturers are increasingly introducing unique and diverse flavor profiles, such as spicy, herb-infused, and gourmet blends, to enhance the appeal of canned shrimp and other seafood products. This trend is particularly important as younger consumers seek more adventurous and exotic tastes in their meals.
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Target buyers of Brazil canned seafood market databook
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Our clientele includes a mix of canned seafood market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Brazil canned seafood market , including forecasts for subscribers. This country databook contains high-level insights into Brazil canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil canned seafood market size, by product, 2018-2030 (US$M)
Brazil Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)
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