Latin America Canned Seafood Market Size & Outlook
Latin America canned seafood market, 2018-2030 (US$M)
Related Markets
Latin America canned seafood market highlights
- The Latin America canned seafood market generated a revenue of USD 3,026.2 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3,026.2 million |
| Market revenue in 2030 | USD 3,673.7 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, Latin America region accounted for 5.3% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Canned Seafood Market Scope
Canned Seafood Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 74.46% in 2023. Horizon Databook has segmented the Latin America canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
Central and South America boast rich marine biodiversity, which supports a variety of fishing practices across different countries. The availability of local fish species contributes significantly to the canned seafood market as manufacturers can source ingredients closer to home, reducing transportation costs and ensuring freshness.
Countries such as Peru and Chile are known for their abundant fisheries, which provide raw materials for canned products such as tuna, sardines, and anchovies. Furthermore, Central and South American supermarkets and brick-and-mortar retailers have diversified their product offerings by responding to evolving market trends.
They have broadened their selections to encompass a range of international canned seafood, thereby catering to the diverse tastes of the region's population. This strategic expansion not only provides consumers with a wider array of choices but also exposes them to seafood alternatives sourced from various corners of the globe.
Reasons to subscribe to Latin America canned seafood market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America 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 continent-level data and insights on the Latin America canned seafood market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America canned seafood market size, by country, 2018-2030 (US$M)
Latin America Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
