Market Forecast By Fish Type (Inland Fishes, Marine Fishes, Shrimps, Scampi), By Product Type (Fresh, Frozen, Canned, Others), By Distribution Channel (Retail, Institutional), By Sector (Organised, Unorganised) And Competitive Landscape
Product Code: ETC292355 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Australia Fish Market |
Forecast period | 2025-2031 |
CAGR | 4.8% |
Growing Sector | Aquaculture Sector |
Australia Fish Market report thoroughly covers the market by fish type, product type, distribution channel and by sector. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Fish Market is likely to grow in the forecast period as Australia is the world's third-largest seafood exporter, with an industry worth approximately AUD 3 billion each year. The country's seafood industry is growing at a steady pace, owing to its abundant marine resources and government support. However, there are still a lot of challenges that this industry is facing, including increased competition from overseas markets, environmental concerns, and lack of investment. The demand for fresh and frozen seafood in Australia is expected to grow further in the coming years as the population increases. The drivers of the market include lower tariffs on seafood imports, increased consumption of seafood, and government support. On the other hand, challenges for this industry include increased competition from overseas markets, environmental concerns, and lack of investment.
According to 6Wresearch, the Australia Fish Market size is projected to grow at the CAGR of 4.8 % during the forecast period of 2025-2031. Several factors are driving growth in the Australian fish market. Firstly, the country's abundant marine resources provide a steady supply of high-quality seafood. Secondly, the rising demand for seafood in international markets has opened up new opportunities for Australian seafood exporters. Thirdly, an increasing awareness of the health benefits of seafood has resulted in a surge in demand from the country's food and beverage industry. The growing popularity of sustainable and ethically-sourced seafood is expected to fuel demand for certified and responsible seafood in the future. Several factors have contributed to the growth of the Australian fisheries industry, including a growing appetite for seafood among consumers, increasing exports, and technological advancements in fishing methods. The Fish Market in Australia has benefited from the rising demand for sustainable seafood, which has led to increased investment in aquaculture and eco-friendly fishing practices. Despite the many drivers of growth in Australia's fish market, some challenges are impeding the sector's progress. Firstly, competition from imported seafood is a significant challenge facing the Australian fish market. Secondly, environmental challenges, such as climate change, have had significant impacts on marine ecosystems and, by extension, the availability of seafood. Finally, regulatory hurdles and bureaucratic red tape have made it difficult for Australian seafood exporters to compete in international markets.
The future of Australia fish Industry looks promising, with several developments on the horizon that are expected to drive growth. Firstly, advances in technology, such as improved aquaculture systems, are expected to increase efficiency and reduce costs throughout the value chain, from production to distribution. Secondly, increasing concerns over food safety and authenticity are expected to increase demand for traceable and certified seafood. Finally, growing interest in sustainable and ethical seafood is expected to drive demand for responsibly sourced seafood, providing opportunities for the Australian fish market to differentiate itself in international markets.
The Australian seafood industry is diverse, with several key players operating across the value chain. Some of the top companies in the industry include Tassal Group Ltd, Huon Aquaculture Group Limited, Seafarms Group Limited, Clean Seas Seafood Limited, and Austal Fisheries Pty. Ltd. These companies have established themselves as leaders in the industry through their commitment to quality, innovation, sustainability, and ethical business practices and these companies have led to Australia Fish Market Growth.
The future of Australia's fish market looks promising, with several developments on the horizon that are expected to drive growth. Firstly, advances in technology, such as improved aquaculture systems, are expected to increase efficiency and reduce costs throughout the value chain, from production to distribution. Secondly, increasing concerns over food safety and authenticity are expected to increase demand for traceable and certified seafood. Finally, growing interest in sustainable and ethical seafood is expected to drive demand for responsibly sourced seafood, providing opportunities for the Australian fish market to differentiate itself in international markets.
According to Ravi Bhandari, Research Head, 6Wresearch, the fish type is one of the primary segments of Australia's fish market. The inland fish segment is expected to grow, as it includes varieties such as barramundi and trout, which are popular in the country's restaurants. Here, fish farms play a crucial role in meeting the demand for inland fish
The distribution channel segment is also an essential part of Australia's fish market, as it determines how seafood reaches consumers. The retail segment, which includes supermarkets and other food stores, accounts for a significant portion of the market, thanks to its convenience and accessibility
The sector segment plays an essential role in the growth of the Australia fish market. The organized sector, which includes big players like Tassal and Huon Aquaculture, accounts for the majority of the market share. However, the unorganized sector, which includes small-scale fishers and local fish markets, is also expected to grow, as consumers increasingly prefer buying fish directly from the source.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Fish Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Fish Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Fish Market - Industry Life Cycle |
3.4 Australia Fish Market - Porter's Five Forces |
3.5 Australia Fish Market Revenues & Volume Share, By Fish Type, 2021 & 2031F |
3.6 Australia Fish Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Australia Fish Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Australia Fish Market Revenues & Volume Share, By Sector, 2021 & 2031F |
4 Australia Fish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and demand for protein-rich diets |
4.2.2 Growing popularity of seafood in Australian cuisine |
4.2.3 Rising consumer awareness about the benefits of omega-3 fatty acids from fish consumption |
4.3 Market Restraints |
4.3.1 Environmental concerns and sustainability issues in fishing practices |
4.3.2 Competition from other protein sources such as poultry and plant-based alternatives |
5 Australia Fish Market Trends |
6 Australia Fish Market, By Types |
6.1 Australia Fish Market, By Fish Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Fish Market Revenues & Volume, By Fish Type, 2021 - 2031F |
6.1.3 Australia Fish Market Revenues & Volume, By Inland Fishes, 2021 - 2031F |
6.1.4 Australia Fish Market Revenues & Volume, By Marine Fishes, 2021 - 2031F |
6.1.5 Australia Fish Market Revenues & Volume, By Shrimps, 2021 - 2031F |
6.1.6 Australia Fish Market Revenues & Volume, By Scampi, 2021 - 2031F |
6.2 Australia Fish Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Fish Market Revenues & Volume, By Fresh, 2021 - 2031F |
6.2.3 Australia Fish Market Revenues & Volume, By Frozen, 2021 - 2031F |
6.2.4 Australia Fish Market Revenues & Volume, By Canned, 2021 - 2031F |
6.2.5 Australia Fish Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Australia Fish Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Australia Fish Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Australia Fish Market Revenues & Volume, By Institutional, 2021 - 2031F |
6.4 Australia Fish Market, By Sector |
6.4.1 Overview and Analysis |
6.4.2 Australia Fish Market Revenues & Volume, By Organised, 2021 - 2031F |
6.4.3 Australia Fish Market Revenues & Volume, By Unorganised, 2021 - 2031F |
7 Australia Fish Market Import-Export Trade Statistics |
7.1 Australia Fish Market Export to Major Countries |
7.2 Australia Fish Market Imports from Major Countries |
8 Australia Fish Market Key Performance Indicators |
8.1 Average consumption per capita of fish and seafood products in Australia |
8.2 Number of new seafood restaurants or outlets opening in key cities |
8.3 Percentage of seafood imports versus domestic production in the Australian market |
9 Australia Fish Market - Opportunity Assessment |
9.1 Australia Fish Market Opportunity Assessment, By Fish Type, 2021 & 2031F |
9.2 Australia Fish Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Australia Fish Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Australia Fish Market Opportunity Assessment, By Sector, 2021 & 2031F |
10 Australia Fish Market - Competitive Landscape |
10.1 Australia Fish Market Revenue Share, By Companies, 2024 |
10.2 Australia Fish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |