Contains date, seafood type, name and unit of measurement information. It also provides the minimum, maximum and average prices set for each aquatic product.

Real-time price data collected by the Boston Market News Reporter. The NOAA Fisheries' "Fishery Market News" began operations in New York City on February 14, 1938. The primary function of this joint Federal/industry program is to provide accurate and unbiased reports depicting current conditions affecting the trade in fish and fishery products. The Boston and New York Market News Reports are now hosted by the Northeast Fisheries Science Center. Please navigate to the URL below for 2014 and newer data: https://www.nefsc.noaa.gov/read/socialsci/marketNews.php

The price per unit in the 'Fish & Seafood' segment of the food market worldwide was modeled to be ***** U.S. dollars in 2024. Following a continuous upward trend, the price per unit has risen by **** U.S. dollars since 2018. Between 2024 and 2030, the price per unit will rise by **** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Fish & Seafood.

View monthly updates and historical trends for US Consumer Price Index: Fish And Seafood. from United States. Source: Bureau of Labor Statistics. Track ec…

The Fish Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Over the last two observations, the revenue is forecast to significantly increase in the seafood segments. The trend observed from 2018 to 2030 remains ********** throughout the entire forecast period.

Fish market price survey contains data on market prices for different fish species, both fresh and live. The information is obtained from 28 wholesale and retail markets in the Rangpur and Rajshahi divisions of Bangladesh. The system contains updated fish price information from October, 2019 to October,2022.

Global cod fish market value stood at USD 1,678.9 million in 2023. There has been a 6.8% y-o-y increase in the consumption of cod fish in the year to 2024, which would imply that in 2025 the global market would be USD 1,899.6 million. The sales growth across the world from the forecast period (2025 to 2035) would be by a 6.8% CAGR. Terminal forecast period end value of sales in the last forecasting year, 2035, is USD 3,667.6 million.

Attributes	Description
Estimated Global Cod Fish Industry Size (2025E)	USD 1,899.6 million
Projected Global Cod Fish Industry Value (2035F)	USD 3,667.6 million
Value-based CAGR (2025 to 2035)	6.8%

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	6.3%
H2 (2024 to 2034)	6.5%
H1 (2025 to 2035)	6.6%
H2 (2025 to 2035)	6.8%

Country-Wise Insights

Countries	CAGR, 2025 to 2035
USA	5.9%
Germany	6.4%
China	7.8%
Japan	7.1%
India	8.5%

Category-Wise Insights

Segment	Value Share (2025)
Fresh & Frozen Cod (By Type)	62.1%

Segment	Value Share (2025)
Breaded & Processed Cod (By Type)	37.9%

The price per unit is forecast to experience significant growth in all segments in 2030. As part of the positive trend, the price per unit reaches the maximum value for all three different segments at the end of the comparison period. Particularly noteworthy is the segment Fresh Seafood, which has the highest value of ****** U.S. dollars. Find further statistics on other topics such as a comparison of the revenue in India and a comparison of the price per unit in Turkmenistan. The Statista Market Insights cover a broad range of additional markets.

United States - Producer Price Index by Commodity: Processed Foods and Feeds: Prepared Fresh Fish/Seafood, Including Surimi/Surimi-Based Products was 156.96700 Index Dec 2011=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Prepared Fresh Fish/Seafood, Including Surimi/Surimi-Based Products reached a record high of 159.44200 in June of 2025 and a record low of 92.60000 in October of 2015. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Prepared Fresh Fish/Seafood, Including Surimi/Surimi-Based Products - last updated from the United States Federal Reserve on September of 2025.

The Europe frozen whole fish market rose to $11.1B in 2024, with an increase of 4.5% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $12.8B. From 2017 to 2024, the growth of the market failed to regain momentum.

The Freshwater Fish Market report segments the industry into Type (Tilapia, Catfish, Carp, Trout, Others), Form (Fresh, Frozen), and Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa). The report includes Production Analysis, Consumption Analysis by Volume and Value, Import Analysis by Volume and Value, Export Analysis by Volume and Value, and Price Trend analysis.

The Europe fish production market stood at 6.12 Million Tons in 2024 and it is expected to grow at a CAGR of 3.00% during the forecast period of 2025-2034 to reach a production volume of around 8.22 Million Tons by 2034. Rising demand for value-added fish products in ready-to-eat and frozen categories is driving innovation in packaging, processing, and cold-chain logistics across the Europe fish market.

The market has been witnessing a distinct shift, largely driven by sustainability regulations and consumer preference for responsibly sourced seafood. The European Union’s Common Fisheries Policy (CFP) has put strict quotas on overfished species while simultaneously encouraging aquaculture growth. According to the Europe fish market analysis, aquaculture farming in the EU yielded almost 1.1 million tons of aquatic organisms in 2023, worth EUR 4.8 billion, with salmon and mussels leading the expansion. This trend highlights how regulated and structured farming models are reshaping the industry’s fundamentals.

Equally important is the growing momentum around traceability and labeling. The European Commission’s “Farm to Fork” strategy mandates digital traceability across seafood supply chains by 2025, a move expected to strengthen consumer trust and reduce illegal, unreported, and unregulated (IUU) fishing, reshaping the Europe fish market dynamics. Industry reports indicate that the EU imported 5.9 million tons worth EUR 30.1 billion, underscoring the heavy reliance on imports despite local aquaculture growth.

Moreover, regional initiatives are aligning with climate-neutral goals. Norway, for instance, launched a EUR 94 million program in December 2023, to develop low-emission fishing vessels and electric-powered aquaculture cages. These efforts not only position Europe as a global leader in sustainable fisheries but also offer strategic opportunities for technology providers, logistics players, and feed manufacturers within the ecosystem.

The Cod Fish Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

According to Cognitive Market Research, the frozen fish market size is expected to reach USD XX Million by 2024 and is projected to grow to USD XX Million by the end of 2033, expanding at a CAGR of XX% from 2025 to 2033.

Asia Pacific held largest share of XX% in the year 2024 
Europe held share of XX% in the year 2024 
North America held significant share of XX% in the year 2024 
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024 

Market Dynamics of Frozen fish Market

Key Drivers for Frozen fish Market

Increasing consumer awareness of the health benefits of seafood and the convenience and longer shelf life is driving growth for frozen fish market

Growing consumer knowledge of the health properties of seafood, coupled with the convenience and shelf life of frozen fish, is fueling tremendous expansion in the frozen fish industry. Frozen fish contains vital nutrients in the form of omega-3 fatty acids, good-quality protein, and necessary vitamins and minerals. Fatty fish types such as salmon, mackerel, and trout are particularly high in omega-3s, which have been found to promote heart health through lowering blood pressure, enhancing cholesterol levels, and helping prevent heart disease, heart attacks, and strokes. Omega-3s are also crucial to brain health, enhancing cognitive functioning and memory, and can help safeguard against age-related vision loss. One of the greatest strengths of frozen fish is the fact that it will keep most of its nutritional value when frozen correctly, and it is therefore as healthy as fresh fish. Freezing helps to conserve the quality and the nutrients so that vitamins, minerals, and the omega-3s are still in relatively good shape. Frozen fish also has a much longer shelf life than fresh fish. Whereas fresh fish will last only one or two days in the fridge, frozen fish may be safely stored for months or even a year, cutting down significantly on food waste and making meal planning more flexible. Frozen fish is also an affordable alternative, frequently cheaper than fresh fish yet retaining the identical nutritional value. Its convenience and affordability allow individuals to incorporate healthy seafood into their diet, even with hectic lifestyles or limited availability of fresh fish. With increasingly more consumers appreciating the advantages and demanding healthier, convenient meals, demand for frozen fish continues to grow, driving market expansion.

https://www.cdc.gov/heart-disease/data-research/facts-stats/index.html

Restraints

Stringent regulations on fishing and food safety is hampering the growth for frozen fish market

Stringent controls on fishing and food safety are posing serious challenges to the development of the frozen fish sector. Manufacturers have to navigate through a complicated network of food safety requirements and sustainable fishing methods, which in themselves may entail elaborate traceability conditions and responsible sourcing requirements. They are vital for safeguarding marine environments and the long-term sustainability of fish stocks, but they impose significant compliance expenses and operating barriers to industry participants. For instance, global accords like the World Trade Organisation (WTO) Agreement on Fisheries Subsidies, adopted in June 2022, ban subsidies that lead to overfishing and IUU fishing. The accord specifically prohibits financial assistance for ships that have been involved in IUU fishing, overfishing of stocks, and unmanaged fisheries in the high seas. These actions are instrumental in making fishing sustainable but can limit fishing activity and decrease the total supply of fish to be processed and frozen. Natural conditions like excess fishing, regulatory fluctuations, and natural occurrences such as catastrophes can also interfere with the fish supply chain. As supply decreases while demand is constant or even higher, prices may increase, making frozen fish more expensive and unaffordable for consumers. Seasonal fluctuations in fish supply also cause prices to fluctuate, and higher prices in off-peak seasons when supply is low. In India and elsewhere where fish is a critical component of protein and micronutrient intake, reduced fish stocks due to overfishing pose national food security risks. Whereas regulations are required to maintain sustainable fisheries for generation...

The India fish market size was valued at INR 1881.84 Billion in 2024. The industry is expected to grow at a CAGR of 10.20% during the forecast period of 2025-2034 to reach a valuation of INR 4970.48 Billion by 2034.

The India fish market value is increasing on account of inflating disposable incomes and changing food habits. The consumption of sea food is expected to increase over the forecast period. India is the third largest fish producing country, contributing 8% to the global fish production. In recent years, India has witnessed huge growth both in domestic consumption, as well as the export of fish, consequently enhancing the overall market growth.

According to the Ministry of Fisheries, Animal Husbandry & Dairying, India's fish production totaled 16.24 million tonnes, with 4.12 million tonnes from marine sources and 12.12 million tonnes from aquaculture. Since the launch of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) in 2020-21, the country's overall fish production has increased, reaching 16.24 million tonnes in 2021-22, up from 14.16 million tonnes in 2019-20.

The expansion of the cold chain logistics is also a crucial factor propelling the India fish market development. This expansion has facilitated the storage and transportation of frozen fish and increased their availability in urban areas, where convenient and frozen food products are gaining popularity due to busy lifestyles.

As per the India fish market analysis, the HoReCa (Hotels, Restaurants, and Catering) sector contributes over USD 78 billion annually to India's economy, representing more than 7 percent of the GDP. Projections suggest the industry will exceed USD 280 billion by 2025. Implementing effective government policies and regulations for the unorganized sector could significantly boost the potential of the HoReCa industry, fostering further economic growth and stability.

According to Cognitive Market Research, the global Canned Fish market size was USD 36152.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 14461.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 10845.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 8315.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1807.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 723.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Mackerel is the fastest-growing segment of the Canned Fish industry

Market Dynamics of Canned Fish Market

Key Drivers for Canned Fish Market

Rising Popularity of Convenience Foods to Boost Market Growth

As more individuals lead busy lifestyles, there is an increasing demand for convenient, pre-cooked, or easy-to-prepare food options. Canned fish aligns perfectly with the broader trend of ready-to-eat foods, making it an appealing choice for consumers. According to IFIC 2023, Popular diets today include high-protein (18%), mindful eating (17%), calorie-counting (12%), clean eating (12%), and intermittent fasting (12%). A recent Brandwatch report highlights that online searches for "high protein" peaked at a five-year high in early 2023 and have since remained elevated. In the 12 months leading up to May 31, discussions around high protein increased by 32% year-over-year. Additionally, the growth of single-person households worldwide further drives this demand. Smaller households often prefer products like canned fish that provide portion-controlled, easy-to-store, and simple-to-prepare meals.

Global Trade and Distribution Networks to Drive Market Growth

The global canned fish market benefits from well-established and expanding distribution channels, including supermarkets, hypermarkets, online retail platforms, and food service providers, all of which continue to increase their offerings of canned fish products. In 2019, U.S. seafood imports were valued at $22.4 billion, contributing a total of $26.95 billion in direct industry output to the U.S. economy. The broader impact of seafood imports on the U.S. economy exceeds $70 billion in industry output or sales revenue, $37 billion in total value added, and $24 billion in labor income. Shrimp imports alone accounted for more than $6 billion in 2019, representing 27% of total U.S. seafood imports, while salmon was the second largest import category, making up 19% of the total. With the economic contribution of seafood imports being significant, including labor income, industry output, and total value added, the canned fish market benefits from the broader growth in the seafood industry. This economic momentum strengthens the supply chains and the overall demand for canned fish, particularly as consumer preferences for convenient, ready-to-eat options increase.

Restraint Factor for the Canned Fish Market

Challenges of Sustainability and Overfishing

Market growth is being hindered by overfishing and ecological issues. As sustainability regulations become more stringent, the availability of certain fish species may decrease, leading to increased costs. Additionally, contamination risks, such as mercury found in predatory fish (e.g., tuna), raise health concerns, particularly for children and pregnant women, which undermines consumer confidence.

Price Sensitivity in Emerging Markets

In regions where price sensitivity is prevalent, canned fish competes with locally sourced fresh seafood and more affordable protein options. Although the convenience of canned fish is attractive, economic disparities lead consumers to be reluctant to pay higher prices for packaged products. This situation restricts market penetration in developing countries and ham...

Fish meal prices in , August, 2025 For that commodity indicator, we provide data from January 1979 to August 2025. The average value during that period was 882.94 USD per metric ton with a minimum of 254 USD per metric ton in July 1985 and a maximum of 1926.47 USD per metric ton in January 2013. | TheGlobalEconomy.com

The market is projected to be valued at USD 5,579.9 Million by 2025, up to USD 8,419.9 Million by 2035, corresponding to a CAGR of 4.2% over the period.

Metric	Value
Market Size (2025E)	USD 5,579.9 Million
Market Value (2035F)	USD 8,419.9 Million
CAGR (2025 to 2035)	4.2%

Country-wise Insights

Country	CAGR (2025 to 2035)
USA	4.3%

Country	CAGR (2025 to 2035)
UK	4.1%

Region	CAGR (2025 to 2035)
European Union (EU)	4.2%

Country	CAGR (2025 to 2035)
Japan	3.9%

Country	CAGR (2025 to 2035)
South Korea	4.0%

Smoked Fish Market - Segmentation Outlook

Product Type	Market Share (2025)
Smoked Salmon	38.0%

Method	Market Share (2025)
Hot Smoked Fish	58.0%

Competitive Outlook

Company Name	Estimated Market Share (%)
Norway Royal Salmon ASA	18-22%
Mowi ASA	14-18%
Trident Seafood Corporation	12-16%
Marine Harvest	10-14%
Young's Seafood Ltd.	6-10%
Other Companies (combined)	30-40%

The fish processing industry is expected to grow from USD 413.2 billion in the year 2025 to USD 732.9 billion by the end of the year 2035. The industry is slated to grow at 5.9% CAGR during the forecast period spanning from 2025 to 2035.

Metrics	Values
Industry Size (2025E)	USD 413.2 billion
Industry Value (2035F)	USD 732.9 billion
CAGR (2025 to 2035)	5.9%

Semi-Annual Industry Update

Particular	Value CAGR
2024 to 2034 (H1)	5.4%
2024 to 2034 (H2)	6.0%
2025 to 2035 (H1)	5.5%
2025 to 2035 (H2)	6.2%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
China	6.0%
India	5.8%
United States	4.5%
Indonesia	5.5%
Japan	3.9%

Competitive Outlook

Company Name	Estimated Market Share (%)
Maruha Nichiro Corporation	20-25%
Mowi ASA	15-20%
Thai Union Group	12-18%
Nippon Suisan Kaisha (Nissui)	10-15%
Charoen Pokphand Foods PCL	8-12%
Other Players	20-30%