Product Code: ETC051919 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Smoked Fish market currently, in 2023, has witnessed an HHI of 7091, Which has decreased moderately as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Saudi Arabia smoked fish market is expected to grow at a CAGR of 3.6% during the forecast period (2025-2031). The growth of this market can be attributed to factors such as increasing health awareness, growing demand for convenience foods, and rising disposable income in the country. In addition, various government initiatives are also stimulating the consumption of smoked fish products in Saudi Arabia. However, fluctuation in prices due to supply chain disruptions related to COVID-19 may hamper the growth of this market during the forecast period.
Increasing Health Awareness wth growing health consciousness among consumers, more people are changing their diets and consuming food with low fat content like smoked fishes high in omega-3 fatty acids which helps reduce cholesterol levels & lower heart disease risk thus driving overall market for smoked fishes across Saudi Arabia. Precooked frozen meals are becoming increasingly popular among time conscious customers who tend to grab packaged ready-to-eat meal options rather than preparing it themselves from scratch leading to an increased demand for smoked fishes across markets due its easy preparation process & short cooking times.
Fluctuation In Prices Due To Supply Chain Disruptions Related To Covid 19 - A major challenge that has been seen lately is fluctuations in price due to supply chain disruptions caused by global pandemic which have not only hampered production but have also hindered transportation & distribution networks thereby hindering smooth flow of goods leading upto increase or decrease in prices depending on availability.
The outbreak of Covid 19 had a significant impact on many industries including consumer retailing sector resulting into shuttering down stores followed by disruption in entire supply chain network causing delay or stoppage of shipments thus significantly affecting companies?? revenues . Furthermore , change in lifestyle habits along with limited mobility option provided sufficient opportunities for online retailers aiding them dominate over traditional brick & mortar store owners owing lesser dependence on physical visits resulting into higher profit margins favoring e commerce businesses amidst pandemic situation.
Fujairah Fish Factory, Al-Khaliji Fisheries Co. Ltd, Al-Asala Company for Fishing and Marine Products, Saudi Fisheries Co.(SAFICO), Gulf Marine Food Industries Co Ltd (GulfMarine), and National Aquaculture Group (NAQUA) are some drivers operating in the market.
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 Smoked Fish Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Smoked Fish Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Smoked Fish Market - Industry Life Cycle |
3.4 Saudi Arabia Smoked Fish Market - Porter's Five Forces |
3.5 Saudi Arabia Smoked Fish Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Smoked Fish Market Revenues & Volume Share, By Method, 2021 & 2031F |
4 Saudi Arabia Smoked Fish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers |
4.2.2 Growing demand for convenient and ready-to-eat seafood products |
4.2.3 Rising disposable income leading to higher spending on premium food products |
4.3 Market Restraints |
4.3.1 Seasonal availability of certain fish species impacting production |
4.3.2 Price volatility of raw materials affecting production costs |
4.3.3 Stringent regulations and standards for food safety and quality control |
5 Saudi Arabia Smoked Fish Market Trends |
6 Saudi Arabia Smoked Fish Market, By Types |
6.1 Saudi Arabia Smoked Fish Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Smoked Fish Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Smoked Fish Market Revenues & Volume, By Smoked Salmon, 2021-2031F |
6.1.4 Saudi Arabia Smoked Fish Market Revenues & Volume, By Smoked Mackerel, 2021-2031F |
6.1.5 Saudi Arabia Smoked Fish Market Revenues & Volume, By Smoked Herring, 2021-2031F |
6.1.6 Saudi Arabia Smoked Fish Market Revenues & Volume, By Smoked Trout, 2021-2031F |
6.1.7 Saudi Arabia Smoked Fish Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Smoked Fish Market, By Method |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Smoked Fish Market Revenues & Volume, By Hot Smoked Fish, 2021-2031F |
6.2.3 Saudi Arabia Smoked Fish Market Revenues & Volume, By Cold Smoked Fish, 2021-2031F |
7 Saudi Arabia Smoked Fish Market Import-Export Trade Statistics |
7.1 Saudi Arabia Smoked Fish Market Export to Major Countries |
7.2 Saudi Arabia Smoked Fish Market Imports from Major Countries |
8 Saudi Arabia Smoked Fish Market Key Performance Indicators |
8.1 Consumer awareness and perception of smoked fish products |
8.2 Adoption rate of smoked fish products in traditional dishes |
8.3 Market penetration of smoked fish products in urban vs rural areas |
9 Saudi Arabia Smoked Fish Market - Opportunity Assessment |
9.1 Saudi Arabia Smoked Fish Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Smoked Fish Market Opportunity Assessment, By Method, 2021 & 2031F |
10 Saudi Arabia Smoked Fish Market - Competitive Landscape |
10.1 Saudi Arabia Smoked Fish Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Smoked Fish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |