Product Code: ETC285865 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Canned Seafood Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 4.47% in 2025 and reaches 16.20% by 2029.
By 2027, the Canned Seafood market in Thailand is anticipated to reach a growth rate of 5.86%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Thailand Canned Seafood Market is experiencing significant growth due to several drivers. Firstly, changing consumer preferences and lifestyles are leading to an increased demand for convenient and shelf-stable food options. Canned seafood provides a convenient source of protein that requires minimal preparation, making it a popular choice among busy urban consumers. Additionally, the growing awareness of the health benefits associated with seafood consumption, such as omega-3 fatty acids, is driving demand for canned seafood products. Furthermore, Thailand`s well-established seafood processing industry and its reputation for quality seafood products are contributing to the market`s growth, as consumers both domestically and internationally seek Thai canned seafood products.
The Thailand Canned Seafood market has been on the rise, primarily due to its export potential and changing consumer preferences. A major driver is the global demand for Thai canned seafood products, which are renowned for their quality and taste. Thailand`s strategic location near major seafood sources and its well-established processing facilities contribute to its competitive edge in this market. The health-conscious trend is also a significant driver, as canned seafood is considered a healthier alternative to many other processed foods. Moreover, the convenience aspect and longer shelf life of canned seafood products make them attractive to consumers.
The Thailand canned seafood market faces several challenges. First and foremost is the issue of sustainability and overfishing, which can affect the long-term availability of seafood resources. Environmental concerns and regulations are increasing, forcing companies to adopt more responsible sourcing and production practices. Moreover, competition from fresh seafood and frozen alternatives is intense, making it essential for canned seafood brands to innovate and diversify their product offerings. Lastly, there`s the challenge of consumer perception, as some customers associate canned seafood with lower quality, requiring marketing efforts to change these perceptions and emphasize the convenience and quality of canned products.
The Thailand canned seafood market faced a series of challenges during the COVID-19 pandemic. Similar to other canned food segments, there was a brief surge in demand as consumers stockpiled essential items. However, disruptions in the supply chain, including difficulties in sourcing seafood and packaging materials, affected production and availability. As the pandemic continued, consumers shifted towards fresh and frozen seafood options, impacting the demand for canned seafood products. Manufacturers responded by focusing on quality, sustainability, and product diversification. The market is expected to recover as economic conditions improve, with a focus on meeting evolving consumer preferences for seafood.
Key players in the Thailand Canned Seafood market include companies like Thai Union Group, John West Foods Limited, and Hi-Q Food Products Co., Ltd. These companies excel in producing a variety of canned seafood products, including tuna, mackerel, and shrimp, and have a strong reputation for quality and innovation.
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 Thailand Canned Seafood Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Canned Seafood Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Canned Seafood Market - Industry Life Cycle |
3.4 Thailand Canned Seafood Market - Porter's Five Forces |
3.5 Thailand Canned Seafood Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Canned Seafood Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand 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 convenient and ready-to-eat food products |
4.2.3 Expanding distribution channels and retail presence for canned seafood products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices and supply chain disruptions |
4.3.2 Competition from alternative protein sources and substitute products |
4.3.3 Regulatory challenges related to food safety and quality standards |
5 Thailand Canned Seafood Market Trends |
6 Thailand Canned Seafood Market, By Types |
6.1 Thailand Canned Seafood Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Canned Seafood Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Canned Seafood Market Revenues & Volume, By Tuna, 2021-2031F |
6.1.4 Thailand Canned Seafood Market Revenues & Volume, By Salmon, 2021-2031F |
6.1.5 Thailand Canned Seafood Market Revenues & Volume, By Sardines, 2021-2031F |
6.1.6 Thailand Canned Seafood Market Revenues & Volume, By Prawns, 2021-2031F |
6.1.7 Thailand Canned Seafood Market Revenues & Volume, By Shrimps, 2021-2031F |
6.1.8 Thailand Canned Seafood Market Revenues & Volume, By Other Seafood, 2021-2031F |
6.2 Thailand Canned Seafood Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Canned Seafood Market Revenues & Volume, By Foodservices, 2021-2031F |
6.2.3 Thailand Canned Seafood Market Revenues & Volume, By Retail, 2021-2031F |
7 Thailand Canned Seafood Market Import-Export Trade Statistics |
7.1 Thailand Canned Seafood Market Export to Major Countries |
7.2 Thailand Canned Seafood Market Imports from Major Countries |
8 Thailand Canned Seafood Market Key Performance Indicators |
8.1 Consumer engagement with online recipe platforms featuring canned seafood dishes |
8.2 Number of new product launches and innovations in the canned seafood segment |
8.3 Growth in the number of partnerships with food delivery services for canned seafood products |
9 Thailand Canned Seafood Market - Opportunity Assessment |
9.1 Thailand Canned Seafood Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Canned Seafood Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Canned Seafood Market - Competitive Landscape |
10.1 Thailand Canned Seafood Market Revenue Share, By Companies, 2024 |
10.2 Thailand Canned Seafood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |