Spain Canned Seafood Market Size & Outlook, 2023-2030
Spain canned seafood market, 2018-2030 (US$M)
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Spain canned seafood market highlights
- The Spain canned seafood market generated a revenue of USD 1,884.4 million in 2023 and is expected to reach USD 2,426.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.7% 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 1,884.4 million |
| Market revenue in 2030 | USD 2,426.5 million |
| Growth rate | 3.7% (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, Spain accounted for 3.3% 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 Europe, Germany canned seafood market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2,426.5 million by 2030.
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Canned Seafood Market Scope
Canned Seafood Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 75.09% in 2023. Horizon Databook has segmented the Spain canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
Spain is the leading producer of canned seafood in the EU, with over 343,000 tonnes produced annually, valued at EUR 1.5 billion (1.66 billion USD), predominantly consisting of canned tuna, which represents about two-thirds of the volume and half of the value.
The country is the eighth largest exporter of canned food globally, with tuna products accounting for 83% of its canned fish exports, primarily to EU markets like Italy, France, and Portugal.
Despite a decline in the value of canned seafood due to lower raw material prices, the industry is consolidating and adapting to globalization challenges, focusing on private labels that now dominate 75% of the market.
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Target buyers of Spain 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 Spain canned seafood market , including forecasts for subscribers. This country databook contains high-level insights into Spain canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain canned seafood market size, by product, 2018-2030 (US$M)
Spain Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)
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