Category: Fish & Seafood
Fish & Seafood market research reports by Euromonitor International
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Fish and Seafood in Italy
Fish and Seafood in Italy In 2023, the consumption of fresh fish continued to grow in terms of volume. There are several reasons behind this trend. Prominent amongst these is the health and wellness trend, with more and more people becoming aware of the beneficial effects of eating fresh fish on hea ... Read More
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Fresh Food in Morocco
Fresh Food in Morocco The national economy experienced a significant slowdown in its growth throughout 2022 and 2023, largely due to a combination of drought and inflation. This economic deceleration resulted in a decrease in domestic demand, primarily influenced by the inflationary pressures impact ... Read More
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Fresh Food in France
Fresh Food in France Climate factors are influencing fresh food in France in 2023. After the significant heatwave in the summer of 2022, 2023 saw more rain with some hot spells and droughts in certain areas, which affected crops in the agricultural regions in different ways. For example, the hot sum ... Read More
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Staple Foods in Tanzania
Staple Foods in Tanzania In 2023, Tanzanian consumers grapple with soaring food prices, particularly for staples like bread, driven by global wheat price hikes and local production challenges due to prolonged droughts. The government supports local brands, raising custom duty rates for imports to 35 ... Read More
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Staple Foods in Uganda
Staple Foods in Uganda In 2023, Uganda's staple food landscape has witnessed shifts as consumers favour smaller pack sizes, aligning with cost-conscious preferences. Retailers respond by importing compact versions of multinational brands, catering to the demand for affordability. Yet, overall staple ... Read More
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Fish and Seafood in Vietnam
Fish and Seafood in Vietnam In 2023, inflation and a gloomy economy negatively impacted the growth of fresh food overall. However, the demand for fish and seafood still experienced a positive growth rate in both value and volume terms. This can be attributed to an increase in international tourism a ... Read More
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Fish and Seafood in the US
Fish and Seafood in the US Despite deflationary trends across fish and seafood, volumes continues to decline in 2023, particularly in retail. This follows a difficult 2022, when some types of fish and seafood experienced double-digit declines in retail volume terms. As consumers continue to be swaye ... Read More
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Fresh Food in the US
Fresh Food in the US After a year of strong foodservice growth in 2022, fresh food is experiencing slowdowns in out-of-home consumption occasions. Over 2023, foodservice outlets have been recording slower growth in single digits, representative of decreased flexibility in consumer spending. However, ... Read More
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Fish and Seafood in Japan
Fish and Seafood in Japan Overall demand for fish and seafood remains subdued in 2023, mainly driven by a decline in retail volume sales due to increasing prices. Impacted by the soaring cost of oil, the average retail unit price of fish and seafood recorded a double-digit increase in 2022, a trend ... Read More
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Fresh Food in Japan
Fresh Food in Japan Total volume sales of fresh food in Japan continue to record marginal growth in 2023, mainly driven by foodservice as the channel recovers from the significant drop during the pandemic. Foodservice volume sales suffered as COVID-19 first hit Japan, resulting in significant declin ... Read More
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Staple Foods in Australia
Staple Foods in Australia In staple foods, noteworthy retail volume and current value growth are expected in 2023, which can be attributed to an increase in the number of people cooking at home due to the rising cost of living. Growth in volume consumption has been coupled with rises in unit prices, ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Australia
Processed Meat, Seafood and Alternatives To Meat in Australia Processed meat, seafood, and alternatives to meat is set to experience retail current value growth in 2023, driven by increasing volume sales. The rise in demand can be attributed to the trend of cooking at home amongst consumers due to t ... Read More
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Fish and Seafood in South Africa
Fish and Seafood in South Africa South Africans are feeling the financial pressure as the impact of high inflation and rising interest rates in 2023 have resulted in a household debt-to-income ratio, increasing from 61.6% to 62.1%. With rising fuel prices, the cost of going out to sea has become muc ... Read More
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HW Staple Foods in Switzerland
HW Staple Foods in Switzerland The high overall consumption of processed meat and processed seafood in Switzerland presents significant opportunities for companies and brands that offer health and wellness organic versions of such products and, in particular, plant-based alternatives to processed me ... Read More
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Fish and Seafood in the United Kingdom
Fish and Seafood in the United Kingdom Fish and seafood is traditionally considered one of the more expensive protein options in the UK, and this perception is taking a toll on volume sales. As the cost-of-living crisis persists, local consumers are seeking ways to stretch their budgets, leading to ... Read More
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HW Staple Foods in Austria
HW Staple Foods in Austria Animal welfare continues to play an increasingly important role in the grocery shopping decisions of Austrian consumers and this strong focus on animal welfare continues to have a positive impact on demand for health and wellness processed meat. During the review period, t ... Read More
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Fresh Food in the United Kingdom
Fresh Food in the United Kingdom 2023 has presented considerable challenges and complexities for fresh food in the UK. Families are increasingly turning away from traditional staples such as fresh meat, fresh fruits, and vegetables due to the ongoing cost-of-living crisis. This shift has had a signi ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Thailand
Processed Meat, Seafood and Alternatives To Meat in Thailand Processed meat, seafood, and alternatives to meat benefits from lower prices compared to its fresh variants. Additionally, due to inflationary pressures overall and the cost-of-living crisis, many consumers prefer to cook at home instead o ... Read More
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World Market for Staple Foods
World Market for Staple Foods This report offers a global overview of staple foods, highlighting major trends and developments. While global inflationary pressures have recently posed severe challenges to retail volume sales of staple foods, over the forecast period the industry is projected to bene ... Read More
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Fish and Seafood in the United Arab Emirates
Fish and Seafood in the United Arab Emirates The level of awareness regarding environmental issues associated with traditional fishing is growing in the United Arab Emirates. As a result, local consumers are seeking sustainably-sourced fish and seafood which ensures a stable and long-term supply. Th ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Kenya
Processed Meat, Seafood and Alternatives To Meat in Kenya Processed meat, seafood, and alternatives to meat in Kenya is feeling the impact of the energy crisis resulting from the war in Ukraine, along with high inflation. While the overall category is seeing an increase in current value sales and vo ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Germany
Processed Meat, Seafood and Alternatives To Meat in Germany The war in Ukraine disrupted trade routes, influencing the cost of animal feed, transportation and other expenses linked to meat production. The rising costs of agricultural commodities due to the war in Ukraine and the trade restrictions o ... Read More
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Staple Foods in Kenya
Staple Foods in Kenya In 2023, the Kenyan staple foods market is navigating through a period of high food inflation, leading to significant increases in unit prices. This economic environment has prompted consumers to prioritise essential grocery items while curtailing impulse buys and non-essential ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Cameroon
Processed Meat, Seafood and Alternatives To Meat in Cameroon The dominance of shelf-stable seafood in processed meat and seafood persists due to the popularity of sardines also a shift from informal to formal sales of smoked fish. Sardines, being the most affordable product in this segment, offer ve ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Turkey
Processed Meat, Seafood and Alternatives To Meat in Turkey As meat prices continued to increase in 2023, processed red meat prices also rose. However, as a relatively cheap option to fresh meat, chilled and frozen processed red meat continued to see demand grow. Meanwhile, companies reduced their po ... Read More
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