Middle East & Africa Canned Seafood Market Size & Outlook
Middle East & Africa canned seafood market, 2018-2030 (US$M)
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MEA canned seafood market highlights
- The MEA canned seafood market generated a revenue of USD 2,905.8 million in 2023.
- The 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2,905.8 million |
| Market revenue in 2030 | USD 3,563.8 million |
| Growth rate | 3% (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, MEA region accounted for 5.0% 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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Middle East & Africa 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 75.27% in 2023. Horizon Databook has segmented the Middle East & Africa canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing urbanization and busy lifestyles in the Middle East and African regions have led to a growing preference for convenience foods, including canned seafood. Consumers are seeking ready-toeat options that require minimal preparation time, which has driven the popularity of products like canned tuna, sardines, and shrimp.
The establishment of new canning facilities across the region is a crucial factor driving the canned seafood market. These facilities enhance local production capabilities, reduce reliance on imports, and improve the availability of a diverse range of canned seafood products.
Investments in modern canning technology not only ensure better quality and safety standards but also enable companies to respond more effectively to consumer demand for various seafood options. As companies expand their production capacity, the market is expected to see an increase in product variety and availability, further stimulating consumer interest and sales.
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Target buyers of Middle East & Africa 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 Middle East & Africa canned seafood market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA canned seafood market size, by country, 2018-2030 (US$M)
Middle East & Africa Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)
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