Global Sardine Market Report and Forecast 2024-2032

Global Sardine Market Outlook

The global sardine market attained 3.9 million tons in 2023. The market witnessed a healthy growth in the historical period of 2018-2023.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Growing Health Consumers Worldwide to Aid the Market Growth of Sardine

The market growth of sardine is being driven by the growing awareness among the health-conscious consumers regarding the many health benefits of consuming sardine, such as improved heart functions, immune system improvement, reduce the risk of Alzheimer's disease, maintaining cholesterol levels, boost brain function, cardiovascular health, and lower the blood sugar level. In addition, the growth of premium quality of sardine has resulted in high demand for organic certified sardine. Moreover, the prices of sardines are comparatively low to other fish species offering same nutritional values, which is expected to aid the market growth of the sardine industry. Further, the market for sardine is expected to witness healthy growth over the forecast period due to the positive global economic outlook.

Sardine: Market Segmentation

Sardine, an oily fish, is rich source of nutrients which is largely consumed by humans and also used as a bait to capture larger fishes, sea animals, or other animals. Sardine is a healthy source of omega-3 fatty acids and is rich in calcium and protein. Sardine is widely distributed in the Mediterranean Sea and Northeast Atlantic.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

On the basis of species, the market is divided into:

• Sarnidrops Caeruleus
• Sardinella longiceps
• Sardina Pilchardus    
• Sardinella Gibbosa
• Sardinella Aurita
• Others

Based on type, the industry can be segmented into:

• Fresh
• Frozen
• Canned

By distribution channel, the industry is categorised into:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Store
• Online
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Growing Commercial Use of Sardine to Boost the Market Growth of Sardine

The market growth of sardine is being driven by the growing popularity of sardines as a key source of DHA and omega-3 fatty acids, which is globally known for being essential for human health. In addition, sardine is considered to be one of the world’s healthiest kinds of seafood and has enjoyed niche appeal up until now. However, the sardine industry is rapidly growing and gaining huge popularity which is expected to foster the market growth over the forecast period. The primary use of sardine is to be consumed by humans, whereas, commercially, sardine is caught for various uses, such as direct consumption, for bait, canning, drying, and smoking and reduction into fish meal. The continuing demand of sardine is expected to aid the market growth over the forecast period.

Key Industry Players in the Global Sardine Market

The report gives a detailed analysis of the following key players in the global sardine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Crown Prince, Inc.
• King Oscar, Inc.
• Sanyo Co.,Ltd
• VIALCO SKOURTOPOULOS S.A.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report