Product Code: ETC285804 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India canned sardines market import shipment experienced a sharp decline with a significant CAGR from 2020-2024. The growth rate between 2023 and 2024 plummeted even further, indicating a substantial slowdown in market expansion. The trend suggests a notable loss of momentum and a contracting market overall.
The India canned sardines market is a significant segment of the country`s canned seafood industry. Canned sardines are preserved and packed in cans, offering convenience and longer shelf life to consumers. The market is driven by factors such as the rising demand for seafood products, the influence of international cuisines, and the increasing popularity of canned seafood among health-conscious consumers. Canned sardines are used in various dishes and recipes, making them a versatile option for consumers. However, challenges such as concerns over sustainability and overfishing practices may impact the market`s growth. Key players in the market include seafood processing companies and brands that offer a range of canned sardine products catering to diverse consumer preferences.
The India canned sardines market is driven by several key factors. Firstly, the nutritional benefits of sardines, such as omega-3 fatty acids and protein content, make them a popular choice among health-conscious consumers. Canned sardines provide a convenient and accessible way to include these nutritional elements in the diet. Secondly, the affordability and availability of canned sardines make them a preferred protein source for a wide range of consumers, including lower-income segments. Additionally, the growth of the retail sector and modern grocery stores in India increases the accessibility and visibility of canned sardines, driving their market penetration. Moreover, the demand for canned sardines is also influenced by the changing culinary preferences and the rise of international cuisines in the country.
The India canned sardines market faces several challenges. Firstly, sardines might not be a popular or widely consumed fish variety in all regions of India. Creating awareness and promoting the nutritional benefits of sardines can be challenging for manufacturers. Secondly, the availability and sourcing of fresh sardines might vary seasonally, impacting the supply and pricing of canned sardines. Ensuring a stable supply chain and managing inventory effectively is crucial for meeting consumer demand. Moreover, competition from other canned fish varieties and seafood products can influence consumer choices. Manufacturers need to differentiate their products and offer a unique value proposition to gain a competitive edge. Additionally, addressing consumer concerns about the environmental impact of fishing and the sustainability of sardine stocks is essential for building consumer trust and loyalty.
The India Canned Sardines Market encounters challenges due to the specific taste preferences of India consumers. While sardines are popular in coastal regions, they may not have the same appeal in non-coastal areas, affecting demand. The market also faces competition from other canned seafood products and fresh fish options. Moreover, concerns about overfishing and sustainability practices in the fishing industry may influence consumers` choices, impacting the market`s growth. Economic factors, such as fluctuating disposable income, can also affect consumer spending on canned seafood products.
The India canned sardines market is catered to by both local and international players offering canned seafood products. Some notable key players in this sector include Goya Foods, Inc., BRUNSWICK, Crown Prince, Inc., and John West Foods Limited. These companies offer a variety of canned sardine products, appealing to consumers looking for convenient and nutritious seafood choices. Their focus on sustainable sourcing, quality assurance, and product innovation has positioned them as key players in the canned sardines market in India.
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 India Canned Sardines Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Canned Sardines Market Revenues & Volume, 2021 & 2031F |
3.3 India Canned Sardines Market - Industry Life Cycle |
3.4 India Canned Sardines Market - Porter's Five Forces |
3.5 India Canned Sardines Market Revenues & Volume Share, By Processing, 2021 & 2031F |
3.6 India Canned Sardines Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Canned Sardines Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Canned Sardines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of canned seafood products due to convenience and longer shelf life |
4.2.2 Growing awareness about the health benefits of consuming sardines, such as being a good source of omega-3 fatty acids |
4.2.3 Rising disposable income leading to higher spending on premium canned sardine products |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting production costs |
4.3.2 Competition from other canned fish products in the market |
4.3.3 Concerns about sustainability and overfishing affecting consumer preferences |
5 India Canned Sardines Market Trends |
6 India Canned Sardines Market, By Types |
6.1 India Canned Sardines Market, By Processing |
6.1.1 Overview and Analysis |
6.1.2 India Canned Sardines Market Revenues & Volume, By Processing, 2021-2031F |
6.1.3 India Canned Sardines Market Revenues & Volume, By Oil, 2021-2031F |
6.1.4 India Canned Sardines Market Revenues & Volume, By Sauce, 2021-2031F |
6.1.5 India Canned Sardines Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Canned Sardines Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Canned Sardines Market Revenues & Volume, By Households, 2021-2031F |
6.2.3 India Canned Sardines Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 India Canned Sardines Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Canned Sardines Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.3 India Canned Sardines Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 India Canned Sardines Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 India Canned Sardines Market Revenues & Volume, By Online Sales Channel, 2021-2031F |
7 India Canned Sardines Market Import-Export Trade Statistics |
7.1 India Canned Sardines Market Export to Major Countries |
7.2 India Canned Sardines Market Imports from Major Countries |
8 India Canned Sardines Market Key Performance Indicators |
8.1 Consumer engagement with online recipe videos featuring canned sardines |
8.2 Number of new product launches and innovations in the canned sardines segment |
8.3 Percentage of repeat purchases indicating customer satisfaction and loyalty |
9 India Canned Sardines Market - Opportunity Assessment |
9.1 India Canned Sardines Market Opportunity Assessment, By Processing, 2021 & 2031F |
9.2 India Canned Sardines Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Canned Sardines Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Canned Sardines Market - Competitive Landscape |
10.1 India Canned Sardines Market Revenue Share, By Companies, 2024 |
10.2 India Canned Sardines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |