What is Canned Sardines?
Canned sardine is packed sardine fish in a tin can with water, oil, or tomato sauce. Sardine is a small and oily fish that is widely consumed in the European and Asian countries for immediate consumption and in the food industry. It contains a high amount of minerals, vitamins, and is rich in omega 3 fatty acids and very low contaminants compared to other fishes. Boneless or skinless canned sardine is widely used in salads, wraps, and other Asian cousins. The use of sardines in the countries like Portugal, Greece, etc. due to the summertime tradition of eating sardines will create significant opportunities for canned sardines in the summer months.
|Unit||Value (USD Million)|
|Key Companies Profiled||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)|
The market study is broken down by Type (Frozen and Dry), by Application (Household and Commercial) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Canned Sardines market by Type, Application and Region.
On the basis of geography, the market of Canned Sardines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Canned Sardines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Water will boost the Canned Sardines market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In June 2021, Mutandis signed an agreement with RAB Food to acquire canned sardine company Season Brand LLC. Season Brand is a leading provider of premium canned sardine in the US. The acquisition will give access to mutandis to main US retailers and groceries and offer Season Brand’s products to Moroccan producers.
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.
- Consumer Preference Towards the Fillets of Sardines Packed with Oil or Tomato Sauce
- Upsurge in the Demand for Canned Sardines as It is Easy to Carry During the Travelling
- Use of Canned Sardine Packed with Tomato Sauce Due to Its Heart Health Benefits and Good Taste
- Growing Popularity of Sardines During Summer Months Due to Summertime Tradition in Various Countries
- High Consumption of Sardines in the Asian and European Countries
- Allergies Related to Sea Food and Volatile Prices due to Supply Issues and Declination in Sardine Production
- High Fat and Calories in Canned Olive Oil Sardines May Limit the Adoption
- Less Adoption of Sardines Among the Among the People with Kidney Stone Diseases May Create Challenges for Market in Western World
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Canned Sardines Manufacturers, Canned Sardines Suppliers and Distributors, Fishery Industry, Venture Capitalists and Private Equity Firms, Government Bodies and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles 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) etc.
2. Can we have customized study for Canned Sardines Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Canned Sardines Market by 2027?
Analysts at AMA estimates Canned Sardines Market to reach USD Million by 2027.