How to Find Out the International Market Share of Fish Processing Products

Kelolalaut.com The global fish processing industry is a crucial segment of the seafood supply chain, transforming raw fish into value-added products such as fillets, canned fish, fishmeal, and frozen seafood. Understanding the international market share of fish processing products is essential for businesses, investors, and policymakers. This article explores key methods to assess market share, data sources, and factors influencing market trends.

1. Utilize Industry Reports and Market Research

One of the most reliable ways to determine the international market share of fish processing products is through industry reports. Organizations such as:

• FAO (Food and Agriculture Organization) – Provides global seafood production and trade data.
• IMARC Group, Fortune Business Insights, and Market Research Future – Offer detailed reports on fish processing industry trends and market shares.
• OECD (Organization for Economic Co-operation and Development) – Publishes trade and market analyses for fisheries.

These reports contain critical statistics, revenue figures, and forecasts that help determine the market share of key players and regional contributions.

2. Analyse Trade Data and Export Statistics

International trade data offers insights into fish processing product volumes, destinations, and market leaders. Key sources include:

• UN Comtrade Database – Tracks global trade flows by country and product.
• Eurostat and USITC (United States International Trade Commission) – Provide data for European and U.S. seafood trade.
• National Fisheries Institutes and Customs Reports – Offer country-specific export/import data.

By comparing export values and quantities, businesses can estimate the market dominance of different countries in fish processing.

3. Identify Key Players and Market Share of Companies

Leading fish processing companies such as Thai Union Group, Maruha Nichiro, Nippon Suisan Kaisha, and Mowi ASA hold significant portions of the global market. To evaluate their market share:

• Review financial statements and annual reports for revenue and production data.
• Examine stock market performance and investor reports for growth insights.
• Analyse company market strategies such as acquisitions, new product launches, and expansions.

Industry rankings from market intelligence firms also provide company-specific market share breakdowns.

4. Assess Consumer Demand and Regional Markets

Different regions have varying levels of fish processing industry dominance. For example:

• Asia-Pacific – Leads in fish processing due to large aquaculture industries in China, Thailand, and Vietnam.
• Europe & North America – Strong markets for frozen and value-added seafood products.
• Africa & Latin America – Emerging markets with growing seafood processing sectors.

Consumer demand, retail trends, and supermarket seafood sales reports from sources like Nielsen and Euromonitor help gauge market share shifts.

5. Use Online Databases and Industry Conferences

Attending seafood expos and conferences like the Seafood Expo Global or the China Fisheries & Seafood Expo can provide first-hand market insights. Additionally, platforms such as IBISWorld and Statista offer valuable industry analytics.

Determining the international market share of fish processing products requires a combination of industry reports, trade data, financial statements, and market trends analysis. By leveraging these resources, businesses can make informed decisions and capitalize on global seafood market opportunities.

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