According to the study, Consumer Preference Towards the Fillets of Sardines Packed with Oil or Tomato Sauce is one of the primary growth factors for the market. Upsurge in the Demand for Canned Sardines as It is Easy to Carry During the Travelling
is also expected to contribute significantly to the Canned Sardines market. Overall, Household
applications of Canned Sardines, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Golden Prize Canning Co., Ltd. (Thailand), Oceans Secret (India), Tropical Food Manufacturing (Ningbo) Co., Ltd. (China), Ongreen Thailand (Thailand), Tasty Nibbles (India), Indofish (India), Hook Catch (India), Frinsa del Noroeste (Spain), Thai Union Group PCL (Thailand), Bumble Bee Foods, LLC. (United States), Matiz España (Spain), Century Pacific Food Inc. (Philippines) and Wild Planet Foods (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Canned Sardines market identified that the demand is rising in many different parts of the world as "Growing Popularity of Sardines During Summer Months Due to Summertime Tradition in Various Countries
". Furthermore, some recent industry insights like "In January 2022, Philippines-based Century Pacific Food, Inc. acquired Ligo, a brand of local sardine and other marine products. Ligo is a popular sardine brand in the Philippines that has operation for more than 60 years and is highly preferred by consumers across the country due to its accessible protein and calcium. The acquisition of Ligo will strengthen Century Pacific’s portfolio and allow it to offer affordable nutrition to its customers." is constantly making the industry dynamic. One of the challenges that industry facing is "Less Adoption of Sardines Among the Among the People with Kidney Stone Diseases May Create Challenges for Market in Western World"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Canned Sardines market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Canned Sardines market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Canned Sardines market tight? Which application/end-user category or Product Type [Frozen and Dry] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Canned Sardines market and other related sub-markets covered in the study.
o Key & emerging players in the Canned Sardines market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Canned Sardines market size is calculated using market estimation process, the Canned Sardines market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Canned Sardines market size has been validated using both top-down and bottom-up approaches.