openPR Logo
Press release

Global Sardine Market Projected to Reach a Volume of 3.6 Million Tons by 2023

01-11-2019 02:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Global Sardine Market Projected to Reach a Volume of 3.6 Million

The global sardine market has experienced steady growth in the past few years. The rising consumption of sardines can be attributed to their various health benefits, easy availability and increasing popularity of canned seafood products.

The latest report by IMARC Group, titled “Sardine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global sardine market reached a volume of 3.5 Million Tons in 2017. Sardine, also referred to as pilchard or herring fish, belongs to the Clupeidae family. It is a small, elongated fish with silver skin which can be found in the Mediterranean Sea as well as the Atlantic and Pacific Oceans. Sardines usually feed on planktons owing to which they contain lower levels of mercury than other fishes. They are widely consumed across the globe as they are rich in vitamin B2 and B12, niacin, phosphorus, potassium, calcium, iron, selenium, and omega-3 fatty acids. Apart from this, they are used as animal feed and are also commercially farmed for oil which is further utilized for manufacturing paint and varnish.

Request for free sample report: https://www.imarcgroup.com/request?type=report&id=972&flag=B

Market Trends:

The consumption of sardines help in improving heart functions, regulating cholesterol levels, boosting the immune system, losing weight and maintaining salt level in the body. Due to these health benefits, there has been a rise in their consumption worldwide. Another factor that has impelled the demand for sardines is their availability at affordable prices in comparison with other fish species with the same nutritional value. Additionally, the long shelf-life of sardines coupled with the escalating popularity of ready-to-eat seafood products is anticipated to drive the growth of the sardine market. Moreover, the adoption of sustainable fish farming techniques by manufacturers is likely to create a positive outlook for the market. As a result, the market is projected to reach a volume of 3.6 Million Tons by 2023, expanding at a CAGR of approximately 1% during 2018-2023.

Browse full report with TOC: https://www.imarcgroup.com/sardine-market

Global Sardine Market Segmentation:

Market Breakup by Species:

1. Sardina Pilchardus

2. Sarnidrops Caeruleus

3. Sardinella longiceps

4. Sardinella Aurita

5. Sardinella Gibbosa

6. Others

On the basis of species, Sardina pilchardus is currently the most popular species of sardines. Other major species include Sardinops caeruleus, Sardinella longiceps, Sardinella aurita, and Sardinella gibbosa.

Market Breakup by Type:

1. Canned Sardine

2. Frozen Sardine

3. Fresh Sardine

Based on product types, the market has been segregated into canned sardine, frozen sardine and fresh sardine. Amongst these, canned sardine holds the majority of the global share, representing the leading product type.

Market Breakup by Distribution Channel:

1. Supermarkets and Hypermarkets

2. Convenience Stores

3. Hotels and Restaurants

4. Online

5. Others

Based on distribution channels, supermarkets and hypermarkets account for the largest share of the global sardine market. Other distribution channels include convenience stores, hotels and restaurants, online and others.

Production Breakup by Region:

1. Asia Pacific

2. Middle East and Africa

3. Americas

4. Europe

On the geographical front, the market has been segmented into Asia Pacific, Middle East and Africa, Americas and Europe. Currently, Asia Pacific is the leading producer of sardines, dominating the total market share.

Competitive Landscape

The competitive landscape of the sardine industry has also been examined with the detailed profiles of the key players operating in the market.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us

IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Sardine Market Projected to Reach a Volume of 3.6 Million Tons by 2023 here

News-ID: 1490889 • Views:

More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafood
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Request
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a

All 5 Releases


More Releases for Sardine

How to Establish a Canned Sardine Production Facility
Setting up a canned sardine manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations. IMARC Group's report titled "Canned Sardine Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a canned
Frozen Sardine Market Trends and Forecast: A Comprehensive Overview
The frozen sardine market is estimated at USD 6,867.0 million in 2024 and is projected to grow to USD 10,559.8 million by 2034. This reflects a steady demand increase, with a CAGR of 3.6% expected over the forecast period. Key success factors for frozen sardine producers involve a combination of factors spanning quality, sustainability, and market responsiveness. Ensuring the quality of frozen sardines is paramount, encompassing aspects such as freshness, taste,
Canned Sardine Market Size,Share,Growth,Industry Analysis and Forecast (2024-203 …
The global canned sardine market has witnessed significant growth and transformations over the years, with various factors influencing its dynamics. Consumers are highly adopting these Canned sardines are a convenient and portable source of protein, making them a popular choice for quick meals, and other dishes. Hence such factors can help in driving the global canned sardines market.Furthermore, as the demand for canned sardine products is increasing, many manufacturers are
Sardine Market 2024:Size, Trends, Segmentation, Opportunity and Forecast to 2032
The latest report by IMARC Group, titled " 𝐒𝐚𝐫𝐝𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐", The global sardine market size reached 3.6 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 4.0 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1.1% during 2024-2032. Sardines, belonging to the herring family, Clupeidae, are diminutive, oily fish widely distributed in the oceans.
Sardine Market Overview by Rising Trends and Demands 2021 to 2026
The Sardine market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and its distributor analysis. The report provides pre COVID-19 historic data, the impact of the COVID-19, and also forecasts its recovery post-COVID-19. The global
Global Sardine Market 2020-2025: Market By Types (canned, frozen and fresh sardi …
According to MARC Group’s latest report, titled “Sardine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global sardine market size reached 3.54 Million Tons in 2019. Sardine belongs to the Clupeidae family and is also referred to as herring fish or pilchard. It is a small, elongated fish with silver skin and is mostly found in the Mediterranean Sea and the Pacific and Atlantic oceans. Sardines