| Product Code: ETC285879 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Saudi Arabia canned seafood market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -14.31%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -63.29%. This negative import momentum may be attributed to shifting consumer preferences or changes in trade policies affecting market stability.
The saudi arabia market for canned seafood has experienced substantial growth in recent years, driven by factors such as a rising demand for convenient and ready-to-eat seafood products. Canned seafood, including tuna, salmon, shrimp, and crab, provides consumers with a quick and accessible source of marine protein. The market growth can also be attributed to the expansion of retail channels and the surge in consumer spending. To meet evolving consumer expectations, manufacturers are focusing on sustainable sourcing practices and ensuring product quality through advanced packaging technologies.
The growth of the canned seafood market in Saudi Arabia is fueled by factors such as changing dietary habits, increased awareness of the nutritional benefits of seafood, and the convenience offered by canned products. Canned seafood provides an accessible source of protein and essential nutrients, appealing to a wide range of consumers. The market is also driven by product innovation, sustainability practices, and efforts to expand the availability of canned seafood in various retail channels.
The canned seafood market in Saudi Arabia faces several challenges. Firstly, consumer preferences are shifting towards fresh and less processed seafood products, driven by health concerns and a desire for more natural options. This trend poses a challenge to canned seafood products, which are typically processed and preserved. Moreover, concerns about overfishing and sustainable sourcing of seafood can impact the availability and cost of raw materials for canned seafood production. Additionally, the market must contend with stringent food safety regulations and labeling requirements, which can increase production costs. Competition from frozen and fresh seafood options further intensifies the challenges in sustaining and expanding the canned seafood market in Saudi Arabia.
The canned seafood market in Saudi Arabia experienced a surge in demand during the pandemic, as consumers sought convenient and long-lasting food options. While this presented growth opportunities, it also posed challenges related to the procurement of seafood supplies and ensuring uninterrupted production. Manufacturers responded by enhancing their supply chain resilience and implementing stringent safety measures in their processing facilities to meet the heightened demand.
Major players in the broader canned seafood market in Saudi Arabia include Chicken of the Sea, Bumble Bee, Starkist, and John West, offering a wide range of canned seafood products.
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 Saudi Arabia Canned Seafood Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Canned Seafood Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Canned Seafood Market - Industry Life Cycle |
3.4 Saudi Arabia Canned Seafood Market - Porter's Five Forces |
3.5 Saudi Arabia Canned Seafood Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Saudi Arabia Canned Seafood Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Saudi Arabia Canned Seafood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of seafood consumption |
4.2.2 Growing demand for convenience food products in Saudi Arabia |
4.2.3 Expansion of the retail sector and availability of canned seafood products in supermarkets |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting production costs |
4.3.2 Seasonal fluctuations in seafood supply affecting availability and pricing |
4.3.3 Stringent regulations and quality standards for canned seafood products |
5 Saudi Arabia Canned Seafood Market Trends |
6 Saudi Arabia Canned Seafood Market, By Types |
6.1 Saudi Arabia Canned Seafood Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Canned Seafood Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Saudi Arabia Canned Seafood Market Revenues & Volume, By Tuna, 2021-2031F |
6.1.4 Saudi Arabia Canned Seafood Market Revenues & Volume, By Salmon, 2021-2031F |
6.1.5 Saudi Arabia Canned Seafood Market Revenues & Volume, By Sardines, 2021-2031F |
6.1.6 Saudi Arabia Canned Seafood Market Revenues & Volume, By Prawns, 2021-2031F |
6.1.7 Saudi Arabia Canned Seafood Market Revenues & Volume, By Shrimps, 2021-2031F |
6.1.8 Saudi Arabia Canned Seafood Market Revenues & Volume, By Other Seafood, 2021-2031F |
6.2 Saudi Arabia Canned Seafood Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Canned Seafood Market Revenues & Volume, By Foodservices, 2021-2031F |
6.2.3 Saudi Arabia Canned Seafood Market Revenues & Volume, By Retail, 2021-2031F |
7 Saudi Arabia Canned Seafood Market Import-Export Trade Statistics |
7.1 Saudi Arabia Canned Seafood Market Export to Major Countries |
7.2 Saudi Arabia Canned Seafood Market Imports from Major Countries |
8 Saudi Arabia Canned Seafood Market Key Performance Indicators |
8.1 Customer satisfaction score related to the quality and taste of canned seafood products |
8.2 Number of new product launches and innovations in the canned seafood market |
8.3 Growth in online sales and e-commerce penetration for canned seafood products |
9 Saudi Arabia Canned Seafood Market - Opportunity Assessment |
9.1 Saudi Arabia Canned Seafood Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Saudi Arabia Canned Seafood Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saudi Arabia Canned Seafood Market - Competitive Landscape |
10.1 Saudi Arabia Canned Seafood Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Canned Seafood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |