Market Insights Consumer Food Fish & Seafood

Processed Fish & Seafood - Sudan

Sudan

Revenue in the Processed Fish & Seafood market amounts to US$1.51bn in 2024. The market is expected to grow annually by 14.10% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (US$32,420m in 2024).
In relation to total population figures, per person revenues of US$30.53 are generated in 2024.
In the Processed Fish & Seafood market, volume is expected to amount to 13.88m kg by 2029. The Processed Fish & Seafood market is expected to show a volume growth of 3.3% in 2025.
The average volume per person in the Processed Fish & Seafood market is expected to amount to 0.2kg in 2024.

Key regions: Japan, United States, Philippines, Russia, China

Market

Region

Region comparison

Currency

Analyst Opinion

The Fish & Seafood Market in Sudan is experiencing intense growth, driven by factors such as increasing demand for processed fish & seafood, growing health consciousness among consumers, and the convenience of online purchasing. The sub-markets of Canned, Dried & Smoked Fish and Fish Fingers & Portions are also contributing to this growth.

Customer preferences: In Sudan, there has been a significant increase in demand for processed fish and seafood due to a growing awareness of the health benefits associated with consuming these products. In particular, there has been a rise in demand for frozen and canned options, as they offer convenience and longer shelf life. This trend is also influenced by the growing urbanization and busy lifestyles of consumers, who are seeking quick and easy meal options. Additionally, there has been a shift towards more sustainable and environmentally friendly practices in the fishing and seafood industry, with consumers showing a preference for responsibly sourced and ethically produced products.

Trends in the market: In Sudan, the Processed Fish & Seafood Market is seeing a rise in demand for frozen and canned fish products due to their longer shelf life and convenience. This trend is expected to continue as more consumers prioritize convenience and seek affordable protein sources. Additionally, there is a growing trend of using sustainable and environmentally friendly practices in the fishing industry, which is gaining support from both consumers and government regulations. These trends signify a shift towards modernization and efficiency in the industry, with potential implications for stakeholders such as increased competition and a need for investment in technology and sustainability measures.

Local special circumstances: In Sudan, the Processed Fish & Seafood Market is heavily influenced by the country's rich seafood resources and its traditional fishing practices. Moreover, the geographical location of Sudan, with access to both the Red Sea and the Nile River, plays a significant role in the market's dynamics. Additionally, the cultural preference for fish and seafood in Sudanese cuisine has led to a high demand for processed fish and seafood products. However, strict government regulations on fishing practices and the import of seafood products have also impacted the market's growth.

Underlying macroeconomic factors: The processed fish and seafood market in Sudan is greatly impacted by macroeconomic factors such as global trade policies, economic stability, and government regulations. With Sudan being a developing nation, its economic growth and stability are closely tied to the global economy. The country's food market, including the processed fish and seafood market, is heavily reliant on imports, making it vulnerable to fluctuations in global trade policies. Additionally, the country's economic health and fiscal policies play a crucial role in determining market performance. For instance, a stable economy and favorable fiscal policies can lead to increased consumer spending and higher demand for processed fish and seafood products. However, political instability and financial challenges can hinder market growth. Furthermore, government regulations, such as food safety standards and import/export regulations, can also impact market performance. As Sudan continues to develop and improve its economic and regulatory landscape, the processed fish and seafood market is expected to experience growth, driven by a growing population and increasing demand for quality food products.

Methodology

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.