Thailand Canned Seafood Market Size & Outlook, 2023-2030
Thailand canned seafood market, 2018-2030 (US$M)
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Thailand canned seafood market highlights
- The Thailand canned seafood market generated a revenue of USD 1,395.6 million in 2023 and is expected to reach USD 1,830.9 million by 2030.
- The Thailand market is expected to grow at a CAGR of 4% 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 1,395.6 million |
| Market revenue in 2030 | USD 1,830.9 million |
| Growth rate | 4% (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, Thailand accounted for 2.4% 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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Thailand 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 Thailand canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
Thai consumers are increasingly looking for gourmet and exotic options that go beyond the traditional fare. This has led to a surge in the availability of canned seafood products that incorporate unique and diverse flavor profiles, catering to more adventurous palates.
Innovations in recipes and the inclusion of ingredients such as herbs, spices, and even international flavors are becoming more common, appealing to a broader range of taste preferences. Thailand's strategic geographic location, with access to rich fishing grounds in the Gulf of Thailand and Andaman Sea, enhances its position as a leading exporter of canned seafood.
The country's wellestablished seafood processing industry is recognized for its quality, making Thai canned seafood products highly sought after in international markets. The export market is robust, with key destinations including the U.S., Japan, and several Southeast Asian nations.
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Target buyers of Thailand 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 Thailand canned seafood market , including forecasts for subscribers. This country databook contains high-level insights into Thailand canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand canned seafood market size, by product, 2018-2030 (US$M)
Thailand Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)
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