The global fin fish market size reached USD 201.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 278.8 Billion by 2033, exhibiting a growth rate (CAGR) of 3.67% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 201.6 Billion |
Market Forecast in 2033
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USD 278.8 Billion |
Market Growth Rate 2025-2033 | 3.67% |
Fin fish refers to a species of cartilaginous fish characterized by bony spines or rays protruding from the body. They are a rich source of phosphorus, calcium, and other minerals, such as iron, zinc, iodine, magnesium, and potassium. Snappers, salmon, tuna, milkfish, pompano, seabass, catfish, groupers, tilapia, and sea bass are some common fin fish types. Their regular consumption aids in improving cardiovascular health, brain function, eyesight, and skin, preventing oxidative stress to the thyroid gland, and repairing damaged tissues. Fin fish are cultivated in three types of environments, which include brackish, marine water, and freshwater. Their production also involves feeding, regular stocking, and conservation of aquatic life.
The significant growth in the food and beverage (F&B) industry across the globe is creating a positive outlook for the market. Fin fish is widely used for preparing various dishes, such as sandwiches, rice dishes, and pasta and are also used in salt herring, salmon, and salmon eggs. In line with this, the rising health consciousness and the increasing demand for protein-rich food among the masses is favoring the market growth. Apart from this, various technological innovations in fishing equipment that helps decrease the complexities and endeavors in fishing and aquafarming are providing an impetus to the market growth. Moreover, the widespread adoption of salmon, tuna, Maine sardines, and mackerel in ready-to-eat (RTE) meals due to the increasing working population, hectic schedules, and busy lifestyles is positively influencing the market growth. Other factors, including the rising demand for seafood cuisines, increasing expenditure capacities of consumers, and the implementation of various government initiatives supporting fish farming, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global fin fish market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on fish type, environment and distribution channel.
Breakup by Fish Type:
Breakup by Environment:
Breakup by Distribution Channel:
Breakup by Region:
The report has also provided a comprehensive analysis of the competitive landscape in the global fin fish market. Detailed profiles of all major companies have also been provided. Some of the companies covered include:
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Fish Type, Environment, Distribution Channel, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Blue Ridge Aquaculture Inc., Cermaq Group AS (Mitsubishi Corporation), Eastern Fish Company, Leroy Seafood Group ASA (Austevoll Seafood ASA), Mowi ASA, P/F Bakkafrost, Stehr Group Pty Ltd., Tassal Group Limited, Thai Union Group PCL and Wanchese Fish Company (Cooke Inc.) |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global fin fish market was valued at USD 201.6 Billion in 2024.
We expect the global fin fish market to exhibit a CAGR of 3.67% during 2025-2033.
The rising consumer awareness towards numerous health benefits of consuming fin fish, such as improving cardiovascular health, brain function, eyesight, and skin, preventing oxidative stress to the thyroid gland, and repairing damaged tissues, is primarily driving the global fin fish market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous aquaculture activities and restriction on export and import of fin fish.
Based on the fish type, the global fin fish market can be categorized into tropical fin fish and others. Currently, tropical fin fish holds the majority of the total market share.
Based on the environment, the global fin fish market has been segregated into freshwater, marine water, and brackish water. Among these, freshwater currently exhibits a clear dominance in the market.
Based on the distribution channel, the global fin fish market can be bifurcated into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others. Currently, supermarkets and hypermarkets account for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global fin fish market include Blue Ridge Aquaculture Inc., Cermaq Group AS (Mitsubishi Corporation), Eastern Fish Company, Leroy Seafood Group ASA (Austevoll Seafood ASA), Mowi ASA, P/F Bakkafrost, Stehr Group Pty Ltd., Tassal Group Limited, Thai Union Group PCL, and Wanchese Fish Company (Cooke Inc.).