Market Forecast By Type (Fish, Crustaceans, Mollusca, Others), By Application (Retail, Institutions, Food Service) And Competitive Landscape
| Product Code: ETC4775143 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
By 2027, Hong Kong SAR's Seafood market is forecasted to achieve a growing growth rate of 7.39%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

According to 6Wresearch internal database and industry insights
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | Est. Annual Growth in % | Growth Drivers |
| 2021 | 3.8 | The more demand for seafood by households and wet markets. |
| 2022 | 4.3 | Rise in the imports due to high demand from hotels and restaurants. |
| 2023 | 4.9 | Growth of seafood distribution networks and cold chain storages. |
| 2024 | 5.5 | There was an higher demand for premium quality seafood by rich consumer base. |
| 2025 | 5.9 | The more demand for seafood cousins by consumers. |
Hong Kong Seafood Market report thoroughly covers the market by type and application. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
| Report Name | Hong Kong Seafood Market |
| Forecast period | 2026-2032 |
| CAGR | 6% |
| Growing Sector | Food Service |
The Hong Kong Seafood Market is expected to witness steady expansion supported by the city’s strong culinary culture and high per capita seafood consumption. The higher demand by food service sector, including hotels, restaurants, and catering companies, propels the Hong Kong seafood demand. Being a global trade hub promotes a constant supply of quality seafood products. Consumers’ growing preference for live, fresh, and sustainable seafood, combined with higher disposable income and changing dining patterns, continues to propel market expansion and value growth.
Below mentioned some growth drivers and their impact on market dynamics:
| Drivers | Primary Segments Affected | Why It Matters |
| Rising Food Service Demand | Type, Application | Supports consistent bulk consumption |
| Premium Seafood Preference | Fish, Crustaceans | Increases value per unit sold |
| Cold Chain Infrastructure | Application | Ensures freshness and reduces spoilage |
| Sustainability Awareness | Type | Encourages responsible sourcing |
| Trade & Port Efficiency | Import & Distribution | Facilitates steady supply flow |
The Hong Kong Seafood Market is projected to grow steadily, registering a CAGR of 6% during the forecast period of 2026-2032. Seafood demand in Hong Kong is driven primarily by restaurants, hotels, and catering services, representing a significant portion of overall consumption. There is a higher demand from consumers for fresh and premium seafood, which drives strong growth of the industry. Also, the consumers are becoming more aware of sustainable sourcing due to increasing health concerns and environmental impact. The growth in cold-chain logistics and efficient import and distribution systems is likely to promote the freshness of seafood and reduce the wastage of food. All the above factors contribute significantly towards market growth and increasing product reliability and stability across all the segments.
Below mentioned are some major restraints and their influence on market dynamics:
| Restraints | Primary Segments Affected | What This Means |
| High Import Dependence | All Segments | Exposure to global price changes |
| Storage & Handling Costs | Retail, Institutions | Raises operational expenses |
| Overfishing Regulations | Fish | Supply constraints emerge |
| Price Sensitivity | Retail | Affects mass-market demand |
| Environmental Concerns | Type | Pushes need for compliance |
Heavy import dependence leaves the Hong Kong seafood market exposed to international supply shifts and price volatility. Small retailers face challenges from high operational expenses for cold storage and logistics. Also, it would be very evident to say that the environmental regulations and sustainability regulations are limiting the sourcing of certain types of seafood, thus making difficulties in providing sustainable supply chains and constraining the flexibility of delivery.
Some major trends contributing to the development of the Hong Kong Seafood Market Growth are:
Here are some investment opportunities in the Hong Kong Seafood Industry:
Here are some top companies contributing to Hong Kong Seafood Market Share:
| Company Name | Ocean Three Limited |
|---|---|
| Headquarters | Hong Kong |
| Established | 2001 |
| Website | - |
Ocean Three Limited is a prominent seafood importer specializing in premium fresh and frozen seafood for hotels and high-end restaurants. The company emphasizes quality assurance, cold-chain integrity, and sustainable sourcing, strengthening its market presence.
| Company Name | Chevalier A. S. C. Seafood Limited |
|---|---|
| Headquarters | Hong Kong |
| Established | 1973 |
| Website | - |
Chevalier ASC Seafood focuses on seafood trading and distribution, catering to retail and institutional clients. Its strong supplier network and adherence to international quality standards support consistent market growth.
| Company Name | Seawind Foods Limited |
|---|---|
| Headquarters | Hong Kong |
| Established | 1992 |
| Website | Click Here |
Seawind Foods supplies frozen and chilled seafood products across Hong Kong, serving supermarkets and food service providers with a diverse product portfolio.
| Company Name | Yu Tai Hing Company Limited |
|---|---|
| Headquarters | Hong Kong |
| Established | 1985 |
| Website | - |
Yu Tai Hing is known for live seafood trading, particularly crustaceans and reef fish, supplying wet markets and restaurants with high freshness standards.
| Company Name | Hong Kong Fish Marketing Organization (HKFMO) |
|---|---|
| Headquarters | Hong Kong |
| Established | 1967 |
| Website | Click Here |
HKFMO plays a key role in stabilizing seafood supply by supporting fishermen, operating wholesale markets, and ensuring fair trade practices across the seafood value chain.
According to Hong Kong government data, the market is well regulated by policies ensuring that the industry meets both sustainability and hygiene standards for its long-term growth. Major policies consist of the Sustainable Fisheries Development Fund, which basically keeps a check upon the continued growth of the marine life and also supports their growth. Also, infrastructure improvement projects led by the Logistics Development Council increase the handling of seafood and distribution of seafood products.
The future of this market looks really promising. As the market is well set up by various government regulations and marine life-supporting trends. Further, the growing internet penetration is increasing this industry demand by providing e-commerce services that can cater to large consumer segments by providing ease of accessibility and one-click services. Moreover, the rising consumer preference for seafood due to its high nutritional value and protein intake is expected to propel this industry growth within the coming years.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch analysis, fish dominates the Hong Kong Seafood Market. This is due to the fact that fish are high in nutritional value and have many health benefits thus, they are significantly consumed by both household and commercial sectors. Also, fish are well preferred by multiple cousins in the Hong Kong thus ensuring their sustainable demand.
The food service segment leading the market rapidly. This id due to the fact that Hong Kong has a dense concentration of restaurants, hotels, and catering services sue to growing tourism trends. Also, high frequency dining-out culture and demand for premium seafood dishes make this segment the largest consumer of seafood products.
The report subsequently covers the market by following segments and subsegments.
| 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 Hong Kong Seafood Market Overview |
| 3.1 Hong Kong Country Macro Economic Indicators |
| 3.2 Hong Kong Seafood Market Revenues & Volume, 2022 & 2032F |
| 3.3 Hong Kong Seafood Market - Industry Life Cycle |
| 3.4 Hong Kong Seafood Market - Porter's Five Forces |
| 3.5 Hong Kong Seafood Market Revenues & Volume Share, By Type, 2022 & 2032F |
| 3.6 Hong Kong Seafood Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 4 Hong Kong Seafood Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Growing demand for high-quality and sustainable seafood products in Hong Kong |
| 4.2.2 Increasing health consciousness among consumers leading to higher consumption of seafood |
| 4.2.3 Rise in disposable income and changing consumer preferences towards premium seafood products |
| 4.3 Market Restraints |
| 4.3.1 Stringent regulations and sustainability concerns impacting seafood supply chain |
| 4.3.2 Fluctuating seafood prices due to market dynamics and external factors |
| 5 Hong Kong Seafood Market Trends |
| 6 Hong Kong Seafood Market Segmentations |
| 6.1 Hong Kong Seafood Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Hong Kong Seafood Market Revenues & Volume, By Fish, 2022-2032F |
| 6.1.3 Hong Kong Seafood Market Revenues & Volume, By Crustaceans, 2022-2032F |
| 6.1.4 Hong Kong Seafood Market Revenues & Volume, By Mollusca, 2022-2032F |
| 6.1.5 Hong Kong Seafood Market Revenues & Volume, By Others, 2022-2032F |
| 6.2 Hong Kong Seafood Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Hong Kong Seafood Market Revenues & Volume, By Retail, 2022-2032F |
| 6.2.3 Hong Kong Seafood Market Revenues & Volume, By Institutions, 2022-2032F |
| 6.2.4 Hong Kong Seafood Market Revenues & Volume, By Food Service, 2022-2032F |
| 7 Hong Kong Seafood Market Import-Export Trade Statistics |
| 7.1 Hong Kong Seafood Market Export to Major Countries |
| 7.2 Hong Kong Seafood Market Imports from Major Countries |
| 8 Hong Kong Seafood Market Key Performance Indicators |
| 8.1 Consumer preference for sustainable seafood certifications |
| 8.2 Number of seafood restaurants offering premium seafood dishes |
| 8.3 Adoption rate of online seafood delivery platforms |
| 8.4 Consumer awareness and participation in seafood sustainability initiatives |
| 8.5 Growth in demand for organic and eco-friendly seafood products |
| 9 Hong Kong Seafood Market - Opportunity Assessment |
| 9.1 Hong Kong Seafood Market Opportunity Assessment, By Type, 2022 & 2032F |
| 9.2 Hong Kong Seafood Market Opportunity Assessment, By Application, 2022 & 2032F |
| 10 Hong Kong Seafood Market - Competitive Landscape |
| 10.1 Hong Kong Seafood Market Revenue Share, By Companies, 2022 & 2032F |
| 10.2 Hong Kong Seafood Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |