India Canned Seafood Market Size & Outlook, 2023-2030
India canned seafood market, 2018-2030 (US$M)
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India canned seafood market highlights
- The India canned seafood market generated a revenue of USD 1,479.1 million in 2023 and is expected to reach USD 2,102.8 million by 2030.
- The India market is expected to grow at a CAGR of 5.2% 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 1,479.1 million |
| Market revenue in 2030 | USD 2,102.8 million |
| Growth rate | 5.2% (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, India accounted for 2.6% 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 Scope
Canned Seafood Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 76.14% in 2023. Horizon Databook has segmented the India canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for canned seafood in India is largely influenced by urbanization and changing lifestyles. As more consumers adopt fast-paced urban living, the convenience of canned seafood products becomes increasingly appealing.
These products offer a longer shelf life and ease of preparation, making them suitable for busy households. Moreover, the rise of e-commerce platforms has facilitated greater access to these products, further boosting sales.
The canned seafood market in India is becoming increasingly competitive, with both established players and new entrants vying for market share. Major companies are focusing on product innovation, including the introduction of sustainable and organic options to cater to health-conscious consumers.
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Target buyers of India 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 India canned seafood market , including forecasts for subscribers. This country databook contains high-level insights into India canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India canned seafood market size, by product, 2018-2030 (US$M)
India Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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