Processed Fish & Seafood - Czechia

Revenue in the Processed Fish & Seafood market amounts to US$340.90m in 2024. The market is expected to grow annually by 3.71% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$32bn in 2024).
In relation to total population figures, per person revenues of US$32.45 are generated in 2024.
In the Processed Fish & Seafood market, volume is expected to amount to 22.41m kg by 2029. The Processed Fish & Seafood market is expected to show a volume growth of 1.2% in 2025.0.
The average volume per person in the Processed Fish & Seafood market is expected to amount to 2.0kg in 2024.

Definition:

The Processed Fish & Seafood market covers all types of fish and seafood that have either been smoked, dried, canned, salted or given chemical preservatives.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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Canned, dried and smoked fish
Processed seafood
Surimi-based products
Fish sticks, Fish nuggets

Fresh and frozen fish
Fresh and frozen seafood
Ready-to-eat meals
Caviar and prepared and preserved shark fins
Out-of-home consumption

The processed fish and seafood market in Czechia is experiencing negligible growth due to factors like declining consumer interest in canned and dried products, as well as the rising popularity of fresh fish. Additionally, the market faces challenges such as strict regulations for seafood imports and increasing competition from other protein sources.

Customer preferences: In Czechia, there has been a growing trend towards sustainable and ethical food consumption, including an increased demand for environmentally-friendly and ethically-sourced processed fish and seafood products. This shift in consumer preferences is driven by a heightened awareness of the impact of food production on the environment, as well as a desire for transparency and ethical sourcing in the food supply chain. As a result, companies in the Processed Fish & Seafood Market are increasingly focusing on sustainable sourcing and production methods to cater to this growing demand.

Trends in the market: In Czechia, the Processed Fish & Seafood Market is seeing a rise in demand for sustainable and ethically sourced products. This trend is driven by consumer awareness and concern for the environment and animal welfare. In addition, there is a growing demand for convenient and healthy options, leading to an increase in the availability of ready-to-eat and value-added seafood products. These trends are expected to continue, with potential implications for industry stakeholders such as the need for transparent and responsible sourcing practices and innovative product offerings.

Local special circumstances: In Czechia, the Processed Fish & Seafood Market is heavily influenced by the country's rich tradition of freshwater fishing. This has resulted in a wide variety of locally sourced fish products, such as smoked trout and carp, being popular among consumers. Furthermore, Czechia's strict regulations on food safety and quality have led to a strong focus on sustainable fishing practices and strict control over the processing and packaging of fish products. These factors contribute to the market's unique dynamics, making it stand out from other markets in the region.

Underlying macroeconomic factors: The Processed Fish & Seafood Market of the Fish & Seafood Market within The Food market is significantly impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. The market performance is greatly influenced by the economic stability and growth of the country, as well as its policies and regulations. Countries with strong economic growth and favorable policies are witnessing a higher demand for processed fish and seafood products, due to increased consumer spending. Additionally, the increasing health consciousness among consumers and growing population are also contributing to the market growth. However, regions with economic challenges and restrictive policies may experience slower market growth due to reduced consumer spending and limited investment in the food industry.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.