Latin America Canned Seafood Market Size & Outlook
The canned seafood market in Latin America is expected to reach a projected revenue of US$ 3,923.7 million by 2033. A compound annual growth rate of 2.3% is expected of Latin America canned seafood market from 2026 to 2033.
Every answer starts with GVR research, and every figure is cited.Explore Prism AI ↗
Latin America canned seafood market highlights
The Latin America canned seafood market generated a revenue of USD 3,237.1 million in 2025.
The market is expected to grow at a CAGR of 2.3% from 2026 to 2033.
In terms of segment, fish was the largest revenue generating product in 2025.
Fish is the most lucrative product segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
Market revenue in 2025
USD 3,237.1 million
Market revenue in 2033
USD 3,923.7 million
Growth rate
2.3% (CAGR from 2026 to 2033)
Largest segment
Fish
Fastest growing segment
Fish
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Fish, ShellFish
Key market players worldwide
StarKist Co., Nissui, Maruha Nichiro Corp, ICICLE SEAFOOD, La Doria, Wild Planet Foods, Thai Union Group, American Tuna, Tri Marine, Trident Seafoods, Brunswick Corp
Other key industry trends
In terms of revenue, Latin America region accounted for 8.7% of the global canned seafood market in 2025.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
North America is the fastest growing regional market and is projected to reach USD 10,526.9 million by 2033.
Central and South America boast rich marine biodiversity, which supports a variety of fishing practices across different countries. The availability of local fish species contributes significantly to the canned seafood market as manufacturers can source ingredients closer to home, reducing transportation costs and ensuring freshness.
Countries such as Peru and Chile are known for their abundant fisheries, which provide raw materials for canned products such as tuna, sardines, and anchovies. Furthermore, Central and South American supermarkets and brick-and-mortar retailers have diversified their product offerings by responding to evolving market trends.
They have broadened their selections to encompass a range of international canned seafood, thereby catering to the diverse tastes of the region's population. This strategic expansion not only provides consumers with a wider array of choices but also exposes them to seafood alternatives sourced from various corners of the globe.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Canned Seafood Market Outlook will help companies and investors design strategic landscapes.
Fish was the largest segment with a revenue share of 77.36% in 2025.
Horizon Databook has segmented the Latin America canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2021 to 2033.
Central and South America boast rich marine biodiversity, which supports a variety of fishing practices across different countries. The availability of local fish species contributes significantly to the canned seafood market as manufacturers can source ingredients closer to home, reducing transportation costs and ensuring freshness.
Countries such as Peru and Chile are known for their abundant fisheries, which provide raw materials for canned products such as tuna, sardines, and anchovies. Furthermore, Central and South American supermarkets and brick-and-mortar retailers have diversified their product offerings by responding to evolving market trends.
They have broadened their selections to encompass a range of international canned seafood, thereby catering to the diverse tastes of the region's population. This strategic expansion not only provides consumers with a wider array of choices but also exposes them to seafood alternatives sourced from various corners of the globe.
Latin America Canned Seafood Market Product Outlook (Revenue, USD Million , 2021-2033)
Fish
ShellFish
Latin America Canned Seafood Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
Foodservice
Retail
Reasons to subscribe to Canned Seafood Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canned Seafood Market Outlook databook
Our clientele includes a mix of Canned Seafood Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Canned Seafood Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Canned Seafood Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Canned Seafood Market, 2021-2033 (US$M)