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China's prepared seafood market surpasses 130 billion yuan, showcasing immense growth potential.

TraderKnows
TraderKnows
09-25

In 2023, the market size of China's prepared seafood industry surpassed 130 billion yuan, and it is projected to reach 230 billion yuan by 2028.

In recent years, with the support of industrial policies and the growth of consumer demand, China's pre-prepared aquatic food market has been continuously expanding. According to data, the market size of pre-prepared aquatic food has exceeded 130 billion yuan in 2023, accounting for more than 27% of the pre-prepared food market. The main products include pre-prepared fish, shrimp, and shellfish, with fish accounting for more than 50% of the market.

Since 2019, the compound annual growth rate of China's pre-prepared aquatic food market has reached 23%, and it is expected to maintain an annual growth rate of nearly 10% in the coming years. By 2028, the market size is expected to exceed 230 billion yuan. The rapid growth of the market is fueled by the demand for high-standard products from B-end users such as catering enterprises and hotels, as well as the emphasis on convenience and quality by C-end consumers.

With the continuous improvement of industry standards for pre-prepared aquatic food, companies are also actively enhancing product quality to meet the needs of different markets. Industry insiders believe that the pre-prepared aquatic food industry will continue to experience rapid development, and the market potential is enormous.

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