The Reports and Insights, a leading market research company, has recently releases report titled “Canned Sardines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Canned Sardines Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Canned Sardines Market?
The canned sardines market size reached US$ 7.2 billion in 2023. The market to reach US$ 13.8 billion by 2032, exhibiting a growth rate (CAGR) of 7.5% during 2024-2032.
What are Canned Sardines?
Canned sardines, small oily fish preserved in oil, water, or sauces, offer convenient and nutritious protein source rich in omega-3 fatty acids, calcium, and vitamin D. Their savory flavor makes them a versatile addition to salads, pasta, pizzas, and sandwiches, providing a quick and healthy meal option enjoyed by many.
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What are the growth prospects and trends in the Canned Sardines industry?
The canned sardines market growth is driven by various factors. The global canned sardines’ market is expanding due to factors such as increased consumer demand for convenient and nutritious seafood, improved distribution, and growing awareness of sardines' health benefits. The market is seeing innovation in flavors, packaging, and products to meet diverse preferences, with a focus on sustainability through responsible fishing practices. Asia Pacific is a key market, driven by abundant sardine resources and the popularity of canned sardines in local dishes. Overall, the market is poised for growth due to sardines' affordability, versatility, and nutritional value. Hence, all these factors contribute to canned sardines market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type
•Smoked
•Cooked
By Flavor
•Olive Oil
•Sunflower Oil
•Tomato Sauce
•Soy Sauce
•Salt and Water (Brine)
•Extra Virgin Oil
•Others
By Region
North America
•United States
•Canada
Europe
•Germany
•United Kingdom
•France
•Italy
•Spain
•Russia
•Poland
•Benelux
•Nordic
•Rest of Europe
Asia Pacific
•China
•Japan
•India
•South Korea
•ASEAN
•Australia & New Zealand
•Rest of Asia Pacific
Latin America
•Brazil
•Mexico
•Argentina
Middle East & Africa
•Saudi Arabia
•South Africa
•United Arab Emirates
•Israel
•Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
•Saboreal
•Wild Planet
•Crown Prine
•Shines Sea Food
•Santo Amaro
•MW Polar
•Thai Union Group (TUF)
•Bumble Bee Food
•Natural Sea
•Frinsa del Noroeste
•Ongreen Thailand Co
•Century Pacific Food
•King Oscar
•Others
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