Market Insights Consumer Food Fish & Seafood

Processed Fish & Seafood - Slovenia

Slovenia

Revenue in the Processed Fish & Seafood market amounts to €81.22m in 2024. The market is expected to grow annually by 4.68% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€30,060m in 2024).
In relation to total population figures, per person revenues of €38.33 are generated in 2024.
In the Processed Fish & Seafood market, volume is expected to amount to 6.81m kg by 2029. The Processed Fish & Seafood market is expected to show a volume growth of 0.7% in 2025.
The average volume per person in the Processed Fish & Seafood market is expected to amount to 3.0kg in 2024.

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

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Processed Fish & Seafood market in Slovenia is experiencing minimal growth, influenced by factors such as consumer preferences, advancements in processing technology, and increasing health consciousness. The sub-markets of Canned, Dried & Smoked Fish and Fish Fingers & Portions play a significant role in shaping the overall market. However, the slow growth rate may also be attributed to challenges faced by the industry, such as fluctuating fish supply and stringent regulations.

Customer preferences: As the demand for healthy and convenient food options continues to rise, there has been a noticeable increase in consumer preference for sustainably sourced and ethically produced processed fish and seafood products. This trend is closely linked to the growing awareness and importance placed on environmental sustainability and responsible sourcing practices. Consumers are also gravitating towards more innovative and diverse seafood options, such as plant-based seafood alternatives, reflecting a shift towards healthier and more environmentally-conscious diets.

Trends in the market: In Slovenia, the Processed Fish & Seafood Market is experiencing a surge in demand for sustainable and organic seafood products, driven by consumer awareness and preference for ethically sourced and environmentally friendly options. This trend is expected to continue, with industry players increasingly investing in sustainable practices and certifications to meet consumer demands. Additionally, there is a growing trend of incorporating technology in the processing and distribution of fish and seafood, with the adoption of digital platforms for traceability and transparency. This trend is expected to enhance efficiency and quality control in the market, ultimately benefiting both producers and consumers.

Local special circumstances: In Slovenia, the Processed Fish & Seafood Market of the Fish & Seafood Market within The Food market is heavily influenced by the country's geographic location. Being surrounded by the Adriatic Sea, the market benefits from easy access to fresh and diverse seafood options. Additionally, the country's rich fishing tradition and strong seafood culture play a significant role in shaping consumer preferences. Furthermore, strict regulations and quality standards ensure the safety and sustainability of the market, making it a trusted source for high-quality processed fish and seafood products.

Underlying macroeconomic factors: The Processed Fish & Seafood Market of the Fish & Seafood Market within The Food market is influenced by macroeconomic factors such as the global demand for seafood, fluctuating commodity prices, and government policies on trade and fisheries. Countries with strong seafood industries and favorable trade agreements are experiencing higher market growth compared to regions with limited seafood resources and trade barriers. Furthermore, increasing consumer awareness about sustainable fishing practices and the rising popularity of plant-based diets are also impacting market performance.

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.