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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Sardine Market Outlook

The global sardine market attained 3.9 million tons in 2023. The market witnessed a healthy growth in the historical period of 2018-2023.

Global Sardine Market

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Growing Health Consumers Worldwide to Aid the Market Growth of Sardine

The market growth of sardine is being driven by the growing awareness among the health-conscious consumers regarding the many health benefits of consuming sardine, such as improved heart functions, immune system improvement, reduce the risk of Alzheimer's disease, maintaining cholesterol levels, boost brain function, cardiovascular health, and lower the blood sugar level. In addition, the growth of premium quality of sardine has resulted in high demand for organic certified sardine. Moreover, the prices of sardines are comparatively low to other fish species offering same nutritional values, which is expected to aid the market growth of the sardine industry. Further, the market for sardine is expected to witness healthy growth over the forecast period due to the positive global economic outlook.

Sardine: Market Segmentation

Sardine, an oily fish, is rich source of nutrients which is largely consumed by humans and also used as a bait to capture larger fishes, sea animals, or other animals. Sardine is a healthy source of omega-3 fatty acids and is rich in calcium and protein. Sardine is widely distributed in the Mediterranean Sea and Northeast Atlantic.

Global Sardine Market By Distribution CHannel

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On the basis of species, the market is divided into:

  • Sarnidrops Caeruleus
  • Sardinella longiceps
  • Sardina Pilchardus    
  • Sardinella Gibbosa
  • Sardinella Aurita
  • Others

Based on type, the industry can be segmented into:

  • Fresh
  • Frozen
  • Canned

By distribution channel, the industry is categorised into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Store
  • Online
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Sardine Market By Region

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Growing Commercial Use of Sardine to Boost the Market Growth of Sardine

The market growth of sardine is being driven by the growing popularity of sardines as a key source of DHA and omega-3 fatty acids, which is globally known for being essential for human health. In addition, sardine is considered to be one of the world’s healthiest kinds of seafood and has enjoyed niche appeal up until now. However, the sardine industry is rapidly growing and gaining huge popularity which is expected to foster the market growth over the forecast period. The primary use of sardine is to be consumed by humans, whereas, commercially, sardine is caught for various uses, such as direct consumption, for bait, canning, drying, and smoking and reduction into fish meal. The continuing demand of sardine is expected to aid the market growth over the forecast period.

Key Industry Players in the Global Sardine Market

The report gives a detailed analysis of the following key players in the global sardine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Crown Prince, Inc.
  • King Oscar, Inc.
  • Sanyo Co.,Ltd
  • VIALCO SKOURTOPOULOS S.A.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Species
  • Type
  • Distribution Channel
  • Region
Breakup by Species
  • Sarnidrops Caeruleus
  • Sardinella Longiceps
  • Sardina Pilchardus
  • Sardinella Gibbosa
  • Sardinella Aurita
  • Others
Breakup by Type
  • Fresh
  • Frozen
  • Canned
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Store
  • Online
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Crown Prince, Inc
  • King Oscar, Inc
  • Sanyo Co.,Ltd
  • VIALCO SKOURTOPOULOS S.A.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market attained a volume of nearly 3.9 million tons. 

The major drivers of the market include the growing awareness about the health benefits of sardine and the low prices of sardine as compared to other fishes.

The key trends guiding the growth of the market include the economical cost of sardine and the high demand for organic certified sardine.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major species of sardine in the market are Sarnidrops Caeruleus, Sardinella longiceps, Sardina Pilchardus, Sardinella Gibbosa, and Sardinella Aurita, among others.

The significant types of sardine are fresh, frozen, and canned.

The major distribution channels are supermarkets and hypermarkets, convenience stores, specialty store, and online, among others.

The key players in the global sardine market are Crown Prince, Inc., King Oscar, Inc., Sanyo Co.,Ltd, and VIALCO SKOURTOPOULOS S.A., among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124