| Product Code: ETC387745 | 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 |
Thailand import trend for the sea bream market experienced a decline, with a growth rate of -12.44% from 2023 to 2024. The compound annual growth rate (CAGR) for 2020-2024 stood at -5.73%. This decline could be attributed to shifting consumer preferences or changes in global trade dynamics impacting import momentum.
The sea bream market in Thailand has been steadily expanding, buoyed by the growing demand for premium seafood. Sea bream`s mild, sweet taste and tender texture make it popular among consumers. Thai aquaculture facilities have invested in producing high-quality sea bream to cater to domestic and international markets. The market`s outlook remains positive, as consumer interest in premium seafood continues to rise.
The Thailand sea bream market has seen robust growth owing to several driving factors. Sea bream, characterized by its sweet and delicate flavor, has gained popularity among consumers seeking premium seafood options. One of the primary drivers of this market is the increasing demand for sea bream in both domestic and international markets. Thai sea bream is highly regarded for its quality and taste, attracting seafood enthusiasts globally. The implementation of sustainable aquaculture practices has been instrumental in driving production and ensuring a consistent supply of sea bream. Additionally, Thailand strategic location, with access to various distribution channels, has facilitated the export of sea bream to key markets in Europe and Asia. The Thai government`s support for aquaculture and seafood processing has further fueled the sea bream industry`s growth.
The Thailand sea bream market confronts various challenges. One significant issue is the need for improved disease management and biosecurity measures in sea bream farming operations. Disease outbreaks can lead to substantial economic losses and damage the reputation of the industry. Moreover, access to quality broodstock can be limited, affecting production consistency. Economic fluctuations, both domestically and internationally, can impact consumer spending patterns and affect the demand for sea bream. Lastly, stringent import regulations in key export markets can hinder the growth of Thailand sea bream exports.
The sea bream market in Thailand encountered difficulties due to the COVID-19 pandemic. Reduced demand from restaurants and export markets affected sea bream sales. Logistical challenges and supply chain disruptions also impacted the availability of sea bream products. However, as the foodservice sector and international travel gradually resume, the market is expected to recover. Consumer interest in seafood, including sea bream, may drive growth in the post-pandemic era, especially as dining out and tourism pick up pace.
In the Thailand sea bream market, a few key players have established themselves as industry leaders. SeaBream Aquaculture Co., Ltd. is one such company known for its sea bream farming operations. Their focus on sustainable aquaculture practices and maintaining high-quality standards has helped them gain a prominent position in the market. Additionally, Thai Sea Bream Producers Ltd. specializes in sea bream processing and exports, contributing to the expansion of the Thailand sea bream market. These leading players are instrumental in meeting the growing demand for sea bream both domestically and internationally.