World - Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMeat and Fish Extracts Market
The article highlights the expected growth in global consumption and value of meat and fish extracts from 2022 to 2030. It covers key market statistics, including the highest consuming and producing countries, import and export trends, and average prices. The data indicates a steady increase in market performance, despite fluctuations in consumption and production rates over the analyzed period.
Market Forecast
Driven by rising demand for meat and fish extracts worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +6.1% for the period from 2022 to 2030, which is projected to bring the market volume to 542K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +8.4% for the period from 2022 to 2030, which is projected to bring the market value to $4.3B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs
Global meat and fish extracts consumption reduced modestly to 338K tons in 2022, therefore, remained relatively stable against 2021. Over the period under review, consumption recorded a pronounced reduction. As a result, consumption reached the peak volume of 460K tons. From 2014 to 2022, the growth of the global consumption remained at a somewhat lower figure.
The global meat and fish extracts market revenue was estimated at $2.2B in 2022, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a mild reduction. As a result, consumption attained the peak level of $2.9B. From 2014 to 2022, the growth of the global market remained at a somewhat lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (54K tons), the United States (32K tons) and India (22K tons), with a combined 32% share of global consumption. Japan, Russia, Italy, Brazil, Indonesia, Pakistan, Estonia, South Korea, Mexico and Thailand lagged somewhat behind, together comprising a further 22%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Estonia (with a CAGR of +50.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($159M), the United States ($158M) and Brazil ($143M) constituted the countries with the highest levels of market value in 2022, with a combined 21% share of the global market. India, Mexico, Italy, Pakistan, Japan, Estonia, South Korea, Indonesia, Russia and Thailand lagged somewhat behind, together comprising a further 23%.
In terms of the main consuming countries, Estonia, with a CAGR of +46.2%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of meat and fish extracts per capita consumption was registered in Estonia (4,970 kg per 1000 persons), followed by Italy (156 kg per 1000 persons), South Korea (115 kg per 1000 persons) and the United States (97 kg per 1000 persons), while the world average per capita consumption of meat and fish extracts was estimated at 43 kg per 1000 persons.
From 2012 to 2022, the average annual rate of growth in terms of the meat and fish extracts per capita consumption in Estonia totaled +50.4%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Italy (-1.4% per year) and South Korea (-3.6% per year).
Production
World Production of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs
In 2022, production of extracts and juices of meat, fish, crustaceans and molluscs increased by 0.2% to 352K tons, rising for the second year in a row after seven years of decline. Over the period under review, production, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2013 with an increase of 8.1% against the previous year. As a result, production attained the peak volume of 455K tons. From 2014 to 2022, global production growth remained at a somewhat lower figure.
In value terms, meat and fish extracts production reduced slightly to $2.3B in 2022 estimated in export price. Overall, production, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2013 with an increase of 7.6%. As a result, production reached the peak level of $3B. From 2014 to 2022, global production growth remained at a lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were China (65K tons), the United States (32K tons) and Italy (24K tons), with a combined 34% share of global production. India, Thailand, Brazil, Russia, Indonesia, Pakistan, Estonia and Mexico lagged somewhat behind, together accounting for a further 24%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Estonia (with a CAGR of +51.2%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs
In 2022, purchases abroad of extracts and juices of meat, fish, crustaceans and molluscs decreased by -11.1% to 47K tons, falling for the fourth consecutive year after seven years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 6.5%. Global imports peaked at 55K tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.
In value terms, meat and fish extracts imports reduced modestly to $217M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 8%. Global imports peaked at $243M in 2018; however, from 2019 to 2022, imports remained at a lower figure.
Imports By Country
In 2022, South Korea (7.8K tons), Japan (7.6K tons) and Hong Kong SAR (7K tons) represented the major importer of extracts and juices of meat, fish, crustaceans and molluscs in the world, committing 47% of total import. The Philippines (3.2K tons) ranks next in terms of the total imports with a 6.8% share, followed by Hungary (5.7%), the United States (5.6%) and Singapore (5.1%). Canada (1.6K tons), Kazakhstan (1.4K tons), Germany (1K tons), Malaysia (0.9K tons), the UK (0.8K tons) and Italy (0.8K tons) held a little share of total imports.
From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +101.4%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, Japan ($29M), Hong Kong SAR ($28M) and the United States ($24M) appeared to be the countries with the highest levels of imports in 2022, with a combined 37% share of global imports. South Korea, Germany, Singapore, Canada, the UK, Hungary, Italy, Kazakhstan, the Philippines and Malaysia lagged somewhat behind, together comprising a further 36%.
Kazakhstan, with a CAGR of +106.6%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average meat and fish extracts import price stood at $4,594 per ton in 2022, increasing by 10% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $4,669 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($14,051 per ton), while the Philippines ($872 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.9%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs
Global meat and fish extracts exports declined to 61K tons in 2022, reducing by -7.2% on 2021. In general, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.3% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by 23%. Over the period under review, the global exports reached the peak figure at 69K tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, meat and fish extracts exports contracted to $252M in 2022. Overall, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of $332M. From 2021 to 2022, the growth of the global exports remained at a lower figure.
Exports By Country
The shipments of the three major exporters of extracts and juices of meat, fish, crustaceans and molluscs, namely Italy, Thailand and China, represented more than half of total export. France (3.6K tons) took a 6% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (5%). The United States (2.7K tons), South Korea (1.9K tons), Malaysia (1.8K tons), Spain (1.8K tons), New Zealand (1.7K tons) and Hong Kong SAR (1.7K tons) took a little share of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Spain (with a CAGR of +26.1%), while the other global leaders experienced more modest paces of growth.
In value terms, New Zealand ($35M), Italy ($32M) and China ($25M) were the countries with the highest levels of exports in 2022, together accounting for 37% of global exports. France, Belgium, the United States, Spain, Thailand, Malaysia, South Korea and Hong Kong SAR lagged somewhat behind, together accounting for a further 40%.
In terms of the main exporting countries, Spain, with a CAGR of +14.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average meat and fish extracts export price stood at $4,129 per ton in 2022, reducing by -6.2% against the previous year. In general, the export price saw a slight downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 13%. The global export price peaked at $5,145 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($19,962 per ton), while Thailand ($1,110 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for meat and fish extracts. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891400 - Extracts and juices of meat, fish, crustaceans, molluscs or other aquatic invertebrates
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global market for meat and fish extracts.
Global Pulpwood, Round&Split (Non-coniferous) Market Report 2019. This report provides an in-depth analysis of the global pulpwood, round&split (non-coniferous) market.
Nothing found. Please try again.