Product Code: ETC8451905 | Publication Date: Sep 2024 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Myanmar fish and seafood market is experiencing growth due to increasing awareness of the health benefits associated with consuming fish and seafood, as well as rising disposable incomes among the population. Traditional fish like freshwater fish, prawns, and crabs are staples in the local diet, with a growing demand for more premium and imported seafood products such as salmon and tuna. The market is supported by a thriving aquaculture sector, with fish farming playing a significant role in meeting the country`s demand for fish and seafood. However, challenges such as inadequate infrastructure, lack of modern processing facilities, and compliance issues hinder the market`s full potential. As Myanmar continues to open up to international trade, opportunities for growth and expansion in the fish and seafood market are expected to increase.
The Myanmar fish and seafood market is experiencing growth due to increasing demand for protein-rich food, rising disposable incomes, and a growing focus on healthy eating habits. Key trends include a shift towards sustainable fishing practices, a growing preference for value-added seafood products, and an increasing demand for premium seafood varieties such as shrimp and crab. Opportunities lie in expanding exports to international markets, enhancing processing and packaging capabilities to meet quality standards, and leveraging e-commerce platforms to reach a wider customer base. Additionally, investments in aquaculture technology and infrastructure development present avenues for growth in meeting the rising domestic demand for fish and seafood products in Myanmar.
The Myanmar fish and seafood market faces several challenges, including inadequate infrastructure for transportation and storage, limited access to modern fishing technologies, and inconsistent quality and safety standards. The lack of proper cold chain facilities hinders the distribution of fresh seafood, leading to spoilage and lower quality products reaching consumers. Additionally, illegal and unsustainable fishing practices contribute to overfishing and environmental degradation, threatening the long-term viability of the industry. The lack of stringent regulations and enforcement also raises concerns about food safety and hygiene practices throughout the supply chain. Addressing these challenges will be crucial for the sustainable development of the Myanmar fish and seafood market, ensuring both economic growth and environmental conservation.
The Myanmar Fish and Seafood Market is primarily driven by factors such as increasing consumer awareness about the health benefits of consuming fish and seafood, rising demand for protein-rich food products, growth in the tourism sector leading to higher demand for seafood in restaurants and hotels, and expansion of retail channels offering a variety of fish and seafood products. Additionally, government initiatives to promote sustainable fishing practices, technological advancements in fishing techniques, and growing exports of fish and seafood products are also contributing to the market growth. Overall, these drivers are shaping the Myanmar Fish and Seafood Market by creating opportunities for market players to expand their product offerings and reach a wider consumer base.
Government policies related to the Myanmar Fish and Seafood Market focus on sustainable fisheries management, environmental conservation, and promoting aquaculture development. The government has implemented regulations to combat illegal fishing practices, protect marine resources, and ensure the sustainability of fish stocks. In addition, there are efforts to improve infrastructure, technology, and training for fishery workers to enhance productivity and quality standards in the sector. The government has also encouraged investment in aquaculture projects to increase domestic seafood production and reduce reliance on imports. Overall, these policies aim to support the growth of the Myanmar fish and seafood market while safeguarding the country`s marine ecosystem for future generations.
The future outlook for the Myanmar Fish and Seafood Market appears promising, driven by factors such as increasing demand for protein-rich food, rising disposable incomes, and growing consumer awareness of the health benefits associated with seafood consumption. With Myanmar`s extensive coastline and abundant marine resources, there is significant potential for expansion in both domestic production and export opportunities. However, challenges such as environmental sustainability, modernization of fishing techniques, and compliance with international quality and safety standards need to be addressed to fully capitalize on this potential. Overall, the market is expected to witness steady growth in the coming years, offering opportunities for investors and stakeholders to tap into Myanmar`s growing fish and seafood industry.
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 Myanmar Fish and Seafood Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Fish and Seafood Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Fish and Seafood Market - Industry Life Cycle |
3.4 Myanmar Fish and Seafood Market - Porter's Five Forces |
3.5 Myanmar Fish and Seafood Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Myanmar Fish and Seafood Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Myanmar Fish and Seafood Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Myanmar Fish and Seafood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Fish and Seafood Market Trends |
6 Myanmar Fish and Seafood Market, By Types |
6.1 Myanmar Fish and Seafood Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Fish and Seafood Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Myanmar Fish and Seafood Market Revenues & Volume, By Fresh Fish, 2021- 2031F |
6.1.4 Myanmar Fish and Seafood Market Revenues & Volume, By Fresh Seafood, 2021- 2031F |
6.2 Myanmar Fish and Seafood Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Fish and Seafood Market Revenues & Volume, By Fresh, 2021- 2031F |
6.2.3 Myanmar Fish and Seafood Market Revenues & Volume, By Frozen, 2021- 2031F |
6.2.4 Myanmar Fish and Seafood Market Revenues & Volume, By Canned, 2021- 2031F |
6.2.5 Myanmar Fish and Seafood Market Revenues & Volume, By Cured, 2021- 2031F |
6.3 Myanmar Fish and Seafood Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Fish and Seafood Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.3 Myanmar Fish and Seafood Market Revenues & Volume, By Online, 2021- 2031F |
7 Myanmar Fish and Seafood Market Import-Export Trade Statistics |
7.1 Myanmar Fish and Seafood Market Export to Major Countries |
7.2 Myanmar Fish and Seafood Market Imports from Major Countries |
8 Myanmar Fish and Seafood Market Key Performance Indicators |
9 Myanmar Fish and Seafood Market - Opportunity Assessment |
9.1 Myanmar Fish and Seafood Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Myanmar Fish and Seafood Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Myanmar Fish and Seafood Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Myanmar Fish and Seafood Market - Competitive Landscape |
10.1 Myanmar Fish and Seafood Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Fish and Seafood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |