Thailand Sardine Market (2024-2030) Outlook | Industry, Trends, Companies, Value, Growth, Analysis, Share, Forecast, Size & Revenue

Market Forecast By Type (Fresh Sardine, Frozen Sardine, Canned Sardine, Sardine Meals), By Species (Sardinops Caeruleus, Sardinella Longiceps, Sardinella Gibbosa, Sardinella Aurita, Sardina Pilchardus, Others), By End-Use (Food Processing, Animal Feed, Dietary Supplements, Others), By Distribution Channel (Direct Sales, Indirect Sales) And Competitive Landscape
Product Code: ETC126222 Publication Date: Jul 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Thailand Sardine Market Competition 2023

Thailand Sardine market currently, in 2023, has witnessed an HHI of 3623, Which has decreased slightly as compared to the HHI of 5186 in 2017. The market is moving towards 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.

Thailand Export Potential Assessment For Sardine Market (Values in USD Thousand)


Thailand Sardine Market Synopsis

The Thailand sardine market is an essential segment of the country`s seafood industry. Sardines are small, oily fish that are widely consumed for their nutritional benefits and versatility in various culinary applications. The market for sardines in Thailand has witnessed steady growth due to the increasing popularity of seafood consumption, the demand for affordable and nutritious protein sources, and the traditional use of sardines in Thailand cuisine. Sardines are valued for their rich omega-3 fatty acids and are a popular choice among health-conscious consumers.

Market Drivers

Several factors drive the growth of the sardine market in Thailand. Firstly, the increasing awareness of the health benefits of consuming fish, particularly those rich in omega-3 fatty acids, has contributed to the demand for sardines. As consumers seek nutritious and protein-rich food options, sardines have become a preferred choice. Additionally, the affordability of sardines compared to other seafood varieties makes them accessible to a broader consumer base, further driving market growth. Moreover, the growing popularity of Thailand cuisine worldwide has led to an increase in the export of Thailand sardines to international markets.

Challenges of the Market

Despite its positive growth prospects, the Thailand sardine market faces certain challenges. One of the significant challenges is the competition from other seafood products and fish species. While sardines are popular, there are numerous other fish varieties and seafood options available in the market. Convincing consumers to choose sardines over alternative fish choices can be a marketing challenge for fish producers and retailers. Moreover, concerns about overfishing and sustainable fishing practices pose environmental challenges to the sardine industry, requiring responsible fishing management to ensure the long-term availability of sardine resources.

Covid-19 Impact on the Market

The Covid-19 pandemic had an impact on the Thailand sardine market. During the pandemic, disruptions in supply chains and logistical challenges affected the seafood industry, including the sardine market. The closure of restaurants and foodservice establishments also impacted the demand for seafood products. However, the increase in home cooking and the preference for canned and preserved foods during the pandemic led to a surge in demand for canned sardines and other processed sardine products.

Key Highlights of the Report:

  • Thailand Sardine Market Outlook
  • Market Size of Thailand Sardine Market, 2020
  • Forecast of Thailand Sardine Market, 2027
  • Historical Data and Forecast of Thailand Sardine Revenues & Volume for the Period 2023 - 2027
  • Thailand Sardine Market Trend Evolution
  • Thailand Sardine Market Drivers and Challenges
  • Thailand Sardine Price Trends
  • Thailand Sardine Porter's Five Forces
  • Thailand Sardine Industry Life Cycle
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Type for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Fresh Sardine for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Frozen Sardine for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Canned Sardine for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Sardine Meals for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Species for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Sardinops Caeruleus for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Sardinella Longiceps for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Sardinella Gibbosa for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Sardinella Aurita for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Sardina Pilchardus for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Others for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By End-Use for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Food Processing for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Animal Feed for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Dietary Supplements for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Others for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Distribution Channel for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Direct Sales for the Period 2023 - 2027
  • Historical Data and Forecast of Thailand Sardine Market Revenues & Volume By Indirect Sales for the Period 2023 - 2027
  • Thailand Sardine Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Species
  • Market Opportunity Assessment By End-Use
  • Market Opportunity Assessment By Distribution Channel
  • Thailand Sardine Top Companies Market Share
  • Thailand Sardine Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Sardine Company Profiles
  • Thailand Sardine Key Strategic Recommendations
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Thailand Sardine

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 Sardine Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Sardine Market Revenues & Volume, 2020 & 2027F

3.3 Thailand Sardine Market - Industry Life Cycle

3.4 Thailand Sardine Market - Porter's Five Forces

3.5 Thailand Sardine Market Revenues & Volume Share, By Type, 2020 & 2027F

3.6 Thailand Sardine Market Revenues & Volume Share, By Species, 2020 & 2027F

3.7 Thailand Sardine Market Revenues & Volume Share, By End-Use, 2020 & 2027F

3.8 Thailand Sardine Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F

4 Thailand Sardine Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Sardine Market Trends

6 Thailand Sardine Market, By Types

6.1 Thailand Sardine Market, By Type

6.1.1 Overview and Analysis

6.1.2 Thailand Sardine Market Revenues & Volume, By Type, 2018 - 2027F

6.1.3 Thailand Sardine Market Revenues & Volume, By Fresh Sardine, 2018 - 2027F

6.1.4 Thailand Sardine Market Revenues & Volume, By Frozen Sardine, 2018 - 2027F

6.1.5 Thailand Sardine Market Revenues & Volume, By Canned Sardine, 2018 - 2027F

6.1.6 Thailand Sardine Market Revenues & Volume, By Sardine Meals, 2018 - 2027F

6.2 Thailand Sardine Market, By Species

6.2.1 Overview and Analysis

6.2.2 Thailand Sardine Market Revenues & Volume, By Sardinops Caeruleus, 2018 - 2027F

6.2.3 Thailand Sardine Market Revenues & Volume, By Sardinella Longiceps, 2018 - 2027F

6.2.4 Thailand Sardine Market Revenues & Volume, By Sardinella Gibbosa, 2018 - 2027F

6.2.5 Thailand Sardine Market Revenues & Volume, By Sardinella Aurita, 2018 - 2027F

6.2.6 Thailand Sardine Market Revenues & Volume, By Sardina Pilchardus, 2018 - 2027F

6.2.7 Thailand Sardine Market Revenues & Volume, By Others, 2018 - 2027F

6.3 Thailand Sardine Market, By End-Use

6.3.1 Overview and Analysis

6.3.2 Thailand Sardine Market Revenues & Volume, By Food Processing, 2018 - 2027F

6.3.3 Thailand Sardine Market Revenues & Volume, By Animal Feed, 2018 - 2027F

6.3.4 Thailand Sardine Market Revenues & Volume, By Dietary Supplements, 2018 - 2027F

6.3.5 Thailand Sardine Market Revenues & Volume, By Others, 2018 - 2027F

6.4 Thailand Sardine Market, By Distribution Channel

6.4.1 Overview and Analysis

6.4.2 Thailand Sardine Market Revenues & Volume, By Direct Sales, 2018 - 2027F

6.4.3 Thailand Sardine Market Revenues & Volume, By Indirect Sales, 2018 - 2027F

7 Thailand Sardine Market Import-Export Trade Statistics

7.1 Thailand Sardine Market Export to Major Countries

7.2 Thailand Sardine Market Imports from Major Countries

8 Thailand Sardine Market Key Performance Indicators

9 Thailand Sardine Market - Opportunity Assessment

9.1 Thailand Sardine Market Opportunity Assessment, By Type, 2020 & 2027F

9.2 Thailand Sardine Market Opportunity Assessment, By Species, 2020 & 2027F

9.3 Thailand Sardine Market Opportunity Assessment, By End-Use, 2020 & 2027F

9.4 Thailand Sardine Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F

10 Thailand Sardine Market - Competitive Landscape

10.1 Thailand Sardine Market Revenue Share, By Companies, 2020

10.2 Thailand Sardine Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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