Global Canned Sardines Market Size To Exceed USD 3.10 Billion By 2035 | CAGR of 3.97%
Category: Food & BeveragesGlobal Canned Sardines Market to Exceed USD 3.10 Billion By 2035
According to a research Report published by Spherical Insights & Consulting, the Global Canned Sardines Market Size is Expected to Grow from USD 2.02 Billion in 2024 to USD 3.10 Billion by 2035, at a CAGR of 3.97% during the Forecast Period 2025-2035.
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Browse key industry insights spread across 242 pages with 95 Market data tables and figures & charts from the report on the "Global Canned Sardines Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Oil-Based, Water-Based and Sauce-Based), By Packaging Type (Cans, Jars and Pouches), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores, and Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/canned-sardines-market
The canned sardines industry is the world business engaged in the manufacture, distribution, and sale of sardines canned in airtight containers. People are looking more and more for healthy, high-protein foods. Canned sardines contain a lot of omega-3 fatty acids, calcium, and vitamin D, which promote heart, bone, and brain health. With increasing health awareness, particularly among high-density urban populations, more consumers are opting for sardines as a convenient, healthy, and inexpensive option relative to other animal proteins. Moreover, producers introduce new canned sardine varieties with high-variety flavors, oils, sauces, and high-end packaging. Various regional tastes and dietary habits are catered to through these types of variety. Exotic flavor possibilities such as spicy, lemon-flavored, or herb-spiced sardines draw new customers and lead to repeat buying, with high demand overall. However, some consumers choose fresh or frozen fish instead of canned sardines based on differences in taste, texture, and perceived quality. Fresh fish is considered healthier and tastier, which restricts the market for canned sardines. This preference challenges canned sardine producers to innovate and market their products more effectively to retain consumer interest
The oil-based segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the canned sardines market is divided into oil-based, water-based and sauce-based. Among these, the oil-based segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to the oil serves as a natural preservative, guarding sardines against oxidation and spoilage. This improves the shelf life of the product, maintaining freshness for longer and making oil-packed sardines more desirable to manufacturers and customers.
The cans segment accounted for the highest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the packaging type, the canned sardines market is divided into cans, jars, and pouches. Among these, the cans segment accounted for the highest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The growth is attributed to cans providing airtight closure that keeps sardines safe from spoilage, moisture, and light, which keeps them fresh for a longer period. This makes cans great at preserving quality, which appeals to both manufacturers and consumers.
The supermarkets/hypermarkets segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the canned sardines market is divided into supermarkets/hypermarkets, convenience stores, online retail, specialty stores, and others. Among these, the supermarkets/hypermarkets segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth is driven by hypermarkets and supermarkets increase the visibility of the product with attractive in-store displays and shelf positions. Reliable shopping environments and competent displays increase consumer confidence in the quality of the product, contributing to increased purchase frequencies for canned sardines in these channels.
Asia Pacific is expected to hold the majority share of the global canned sardines market during the forecast period.
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Asia Pacific is expected to hold the majority share of the global canned sardines market during the forecast period. Asia-Pacific has enormous and wide fishing grounds that are conducive to large-scale sardine catch. Indonesia, the Philippines, and Japan are among the countries with high marine biodiversity as well as developed fisheries, which facilitate continuous and bulk sardine supply. Such abundance guarantees consistent raw material availability for manufacturing canned sardines, further consolidating the region's leadership in the international market.
North America is anticipated to grow at the fastest pace in the global canned sardines market during the forecast period. North American consumers are more interested in health and nutrition, which is pushing the demand for omega-3-rich, high-protein foods such as canned sardines. Increasing education on the advantages of seafood for brain and heart health is prompting more consumers to add sardines to their diets, with market growth spreading quickly. North America witnessed a huge rise in new canned sardine product launches with diverse flavors, sustainable sources, and premium packaging. Innovation reaches a broader market, encompassing eco-friendly consumers, stimulating quicker market penetration and expansion in this area.
Europe is predicted to hold a significant share of the canned sardines market throughout the estimated period. Europe has some of the top sardine canning firms with sophisticated processing facilities. Portugal and Spain are known for producing high-grade canned sardines that are exported internationally. Such highly developed infrastructure serves both domestic market consumption and export, keeping Europe's significant market share intact.
Major vendors in the global canned sardines market are Bumble Bee Foods, LLC, Crown Prince, Inc., King Oscar AS, Season Brand, Wild Planet Foods, Inc., Brunswick Seafood, Sardinha Portuguesa, Ligo Sardines, Riga Gold, Connétable, Nuri, La Sirena, Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In August 2023, Little Tin Co., Australia's only craft cannery, launched a sustainable canned seafood with special focus on sardines. This product is for the increasing demand for artisanal and sustainable food solutions in the region.
- In January 2022, Minnow, a canned seafood business, introduced its first line of products, which featured Spanish sardines, Alaskan salmon, and Icelandic cod liver. This move is in response to growing interest in varied canned seafood offerings.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the canned sardines market based on the below-mentioned segments:
Global Canned Sardines Market, By Product Type
- Oil-Based
- Water-Based
- Sauce-Based
Global Canned Sardines Market, By Packaging Type
- Cans
- Jars
- Pouches
Global Canned Sardines Market, By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail
- Specialty Stores
- Others
Global Canned Sardines Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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