Report Overview

The Australia fish market is expected to grow at a CAGR of 2.98 % between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to DAFF, during the 2021-2022 period, the fishing, hunting, and trapping, sectors collectively employed 10,000 individuals.
  • According to ABARES, the gross value of Australian fisheries and aquaculture production increased by 0.5% in 2023−24 to AUD 3.56 billion.
  • According to DAFF, during the 2021-2022 period, the aquaculture sector collectively employed 7,000 individuals.

Australia Fish Market Growth

Compound Annual Growth Rate

Value in AUD Billion

2.98%

2024-2032


Australia Fish Market Outlook

*this image is indicative*

Canned fish products lead the fish market in Australia due to their beneficial impact on brain function and heart health, attributed to essential nutrients like omega-3 fatty acids.

Canned fish products are popular among consumers for their affordability and convenience as shelf-stable meal options. They are versatile and can be used in various culinary applications, making them a cost-effective choice for many. Frozen fish products are a convenient option for busy individuals and preserve quality and freshness due to the instant freezing after the harvest.

In March 2024, Aquafeed company Skretting launched "Cosmos," a new feed tailored specifically for barramundi farming, amid increasing market demand for fish.

The development of the fish market in Australia is propelled by several factors. Technologies such as blockchain provide consumers with information about wool production methods, aiding in tracking the traceability of the fish supply chain. Moreover, there is a growing demand for health-conscious protein options, leading to increased innovation in fish products, including plant-based seafood substitutes. Additionally, sustainable fishing practices like aquaculture and pole-and-line fishing are gaining popularity due to concerns over the environmental impact of fishing activities.

Australia Fish Market Segmentation

Australia Fish Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Freshwater Fish
  • Marine Water Fish

Market Breakup by Product

  • Fresh
  • Canned
  • Frozen

Market Breakup by Distribution Channel

  • Offline
  • Online

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
     

Australia Fish Market Share

Online distribution channels hold a major share of the australia fish market due to several key factors including convenience, accessibility, traceability and transparency, seasonal availability, and subscription services.

Leading companies in the Australia fish market

The growth of the fish market is propelled by sustainability practices, increasing health and nutrition awareness, technological advancements, the popularity of value-added products, assurance of quality and freshness, and supportive regulatory and policy frameworks.

  • Australia Bay Seafoods Pty Ltd.
  • MainStream Aquaculture Group (Infinity Blue)
  • Austral Fisheries Pty Ltd.
  • Austop Fisheries
  • Australian Longline Fishing
  • Brown Dog Fishing Co.
  • Trepang Fisherie
  • Stehr Group

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 2.98% between 2024 and 2032.

Based on the type, the fish market is bifurcated into freshwater fish and marine water fish.

Key players in the Australia fish industry are Australia Bay Seafoods Pty Ltd., MainStream Aquaculture Group (Infinity Blue), Austral Fisheries Pty Ltd., Austop Fisheries, Australian Longline Fishing, Brown Dog Fishing Co., Trepang Fisheries, and Stehr Group, among others.

Based on product, the fish market is divided into fresh, canned, and frozen.

Based on the distribution channel, the fish market is bifurcated into online and offline.

The market is broken down into New South Wales, Victoria, Queensland, the Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product
  • Distribution Channel
  • Region
Breakup by Type
  • Freshwater Fish
  • Marine Water Fish
Breakup by Product
  • Fresh
  • Canned
  • Frozen
Breakup by Distribution Channel
  • Offline
  • Online
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Australia Bay Seafoods Pty Ltd.
  • MainStream Aquaculture Group (Infinity Blue)
  • Austral Fisheries Pty Ltd.
  • Austop Fisheries
  • Australian Longline Fishing
  • Brown Dog Fishing Co.
  • Trepang Fisherie
  • Stehr Group
  • Others.

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