Mexico Canned Seafood Market Size & Outlook, 2023-2030
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Mexico canned seafood market highlights
- The Mexico canned seafood market generated a revenue of USD 162.3 million in 2023 and is expected to reach USD 246.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, fish was the largest revenue generating product in 2023.
- Fish is the most lucrative product segment registering the fastest growth during the forecast period.
Canned seafood market data book summary
| Market revenue in 2023 | USD 162.3 million |
| Market revenue in 2030 | USD 246.1 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Fish |
| Fastest growing segment | Fish |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fish, ShellFish |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.3% of the global canned seafood market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. canned seafood market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 246.1 million by 2030.
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Canned Seafood Market Scope
Canned Seafood Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico canned seafood market outlook
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 will help companies and investors design strategic landscapes.
Fish was the largest segment with a revenue share of 76.16% in 2023. Horizon Databook has segmented the Mexico canned seafood market based on fish, shellfish covering the revenue growth of each sub-segment from 2018 to 2030.
The canned seafood market in Mexico is experiencing significant growth, driven primarily by the increasing demand for convenience foods. Among the various canned seafood products, canned tuna stands out as one of the most widely consumed items due to its high protein content and health benefits, including omega-3 fatty acids.
Canned shrimp is also gaining popularity, thanks to its nutritional value and versatility in a range of cuisines. Retail channels such as supermarkets and hypermarkets play a crucial role in the sales of canned seafood in Mexico. These outlets offer a diverse selection of brands and products at varying price points, making them a preferred shopping destination for consumers.
Furthermore, Mexico relies heavily on imports to satisfy its canned seafood demand, with key suppliers including China, Chile, the U.S., and Vietnam. Notably, frozen fillets of tilapia and salmon are among the top imported canned seafood products.
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Target buyers of Mexico canned seafood market databook
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Our clientele includes a mix of canned seafood market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the Mexico canned seafood market , including forecasts for subscribers. This country databook contains high-level insights into Mexico canned seafood market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico canned seafood market size, by product, 2018-2030 (US$M)
Mexico Canned Seafood Market Outlook Share, 2023 & 2030 (US$M)
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