Europe Canned Seafood Market Size & Outlook, 2023-2030
Europe canned seafood market, 2018-2030 (US$M)
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Europe canned seafood market highlights
- The Europe canned seafood market generated a revenue of USD 9,942.5 million in 2023.
- The market is expected to grow at a CAGR of 2.8% 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.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 9,942.5 million |
| Market revenue in 2030 | USD 12,102.0 million |
| Growth rate | 2.8% (CAGR from 2023 to 2030) |
| Largest segment | Fish |
| Fastest growing segment | Fish |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fish, ShellFish |
Other key industry trends
- In terms of revenue, Europe region accounted for 17.3% of the global canned seafood market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,990.6 million by 2030.
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Canned Seafood Market Scope
Canned Seafood Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 75.31% in 2023. Horizon Databook has segmented the Europe canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
European consumers are becoming more health-conscious, seeking food options that are both nutritious and sustainable. Canned seafood is often viewed as a healthy choice, rich in omega-3 fatty acids, vitamins, and minerals.
Moreover, the growing awareness of sustainable fishing practice has led brands to emphasize sustainable sourcing and eco-friendly packaging, such as those certified by the Marine Stewardship Council (MSC). Such a step is gaining favor among environmentally conscious consumers, further driving the market.
Key European markets for canned fish include the U.K, Germany, France, Italy, Spain, and the Netherlands. The UK emerged as the top EU importer of canned tuna from non-European suppliers. In addition, Germany relies on foreign suppliers for canned tuna, often under private labels, with a growing demand for sustainable and healthy canned fish products.
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Target buyers of Europe 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 continent-level data and insights on the Europe canned seafood market , including forecasts for subscribers. This continent databook contains high-level insights into Europe canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe canned seafood market size, by country, 2018-2030 (US$M)
Europe Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)
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