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Australia Frozen Fish and Seafood Market Report and Forecast 2025-2034

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    Report

  • 152 Pages
  • March 2025
  • Region: Australia
  • Expert Market Research
  • ID: 6067567
According to this report, the Australia frozen fish and seafood market size was valued at USD 338.52 million in 2024. The market is further projected to grow at a CAGR of 3.10% between 2025 and 2034, reaching a value of USD 459.8 million by 2034. The market is experiencing significant growth, driven by shifting consumer preferences towards convenient, nutritious, and long-lasting food options.

Frozen seafood products offer an extended shelf life while retaining essential nutrients, making them an attractive choice for households, restaurants, and food service providers. The rising awareness of the health benefits associated with seafood consumption, including its high protein content and rich omega-3 fatty acids, has further contributed to Australia frozen fish and seafood market expansion. Consumers are increasingly prioritizing nutritious, high-quality food that is easily accessible, contributing to the rising popularity of frozen seafood in the region.

The expansion of the foodservice industry, including restaurants, hotels, and catering services, has played a crucial role in boosting demand in the Australia frozen fish and seafood market . With an increasing preference for seafood-based dishes, food establishments require a reliable and steady supply of high-quality seafood products that can be stored for longer durations without compromising taste, texture, or nutritional value. Frozen seafood reduces preparation time, minimizes food waste, and ensures consistency in quality, making it an ideal choice for commercial kitchens. Additionally, the growth of quick-service restaurants and the increasing popularity of ready-to-eat seafood meals have further contributed to market expansion.

Technological advancements in freezing and packaging methods have significantly enhanced the quality and availability of frozen fish and seafood products, boosting the Australia frozen fish and seafood market growth. Innovations such as flash freezing, vacuum sealing, and individually quick frozen (IQF) technology have enabled seafood manufacturers to preserve freshness, flavor, and texture while preventing the formation of ice crystals that could affect the quality of the product.

These advancements have allowed manufacturers to offer a wide range of seafood options, including fillets, shellfish, and value-added products such as breaded or marinated seafood, catering to the diverse preferences of Australian consumers. Additionally, the availability of sustainably sourced frozen seafood has gained traction, with a growing number of consumers showing interest in environmentally responsible purchasing choices.

The rising demand for imported seafood has further contributed to the Australia frozen fish and seafood market value, as frozen products facilitate the distribution of seafood from international markets while maintaining quality and safety standards. Australia imports a significant portion of its seafood supply to meet domestic demand, and frozen seafood allows for greater accessibility to a variety of species that may not be readily available in local waters.

The globalization of seafood trade has increased the availability of exotic and premium seafood options, further driving market growth. However, strict regulations and food safety standards remain critical factors in ensuring the quality and safety of imported seafood products. Australian regulatory authorities continue to enforce stringent measures to monitor seafood imports, ensuring compliance with health and sustainability standards.

As per the Australia frozen fish and seafood market analysis, the increasing adoption of e-commerce and online grocery shopping has played a vital role in the expansion of the market in the region. Consumers are increasingly opting for online platforms to purchase seafood, benefiting from the convenience of home delivery, product variety, and competitive pricing. Online retailers and supermarkets have expanded their frozen seafood offerings, providing detailed product descriptions, sourcing information, and customer reviews to assist consumers in making informed purchasing decisions.

The growing preference for contactless shopping, accelerated by the COVID-19 pandemic, and the rise of subscription-based seafood delivery services have further strengthened the online distribution channel for frozen seafood products. As a result, retailers are investing in improved cold chain logistics and efficient delivery systems to maintain the integrity of frozen seafood during transportation.

The Australia frozen fish and seafood market is also witnessing increased investment in research and development, as seafood companies focus on enhancing product quality, extending shelf life, and improving processing techniques. Companies are exploring new preservation methods to ensure that frozen seafood retains its natural texture and flavor while meeting consumer demand for minimally processed foods. Additionally, collaborations between seafood producers, retailers, and government bodies are fostering the growth of the industry through improved sustainability measures, better supply chain management, and enhanced food safety standards.

Challenges such as fluctuating raw material costs, supply chain disruptions, and environmental concerns related to overfishing may impact the Australia frozen fish and seafood market dynamics. The seafood industry is highly dependent on factors such as climate change, ocean sustainability, and fishing regulations, which can influence the availability and pricing of frozen fish and seafood products.

Additionally, consumer perceptions regarding the quality of frozen seafood compared to fresh alternatives may present a challenge, although advancements in freezing technology continue to bridge this gap. Educating consumers about the benefits of frozen seafood and its ability to retain nutrients, taste, and texture remains essential in addressing these concerns and driving market acceptance.

Looking ahead, the Australia frozen fish and seafood market is poised for continued growth, supported by evolving consumer preferences, advancements in freezing technology, and the expansion of distribution channels. The increasing emphasis on sustainability and traceability is expected to drive demand for certified seafood products, with manufacturers focusing on eco-friendly packaging and responsible sourcing practices.

Innovations in value-added seafood products, including ready-to-cook and pre-seasoned options, will further appeal to busy consumers seeking convenience without compromising on nutrition. As the demand for high-quality and diverse seafood options continues to rise, the frozen fish and seafood market is expected to maintain its upward trajectory, shaping the future of the Australian seafood industry.

Market Segmentation

The market can be divided based on product type, end use, distribution channel, and region.

Market Breakup by Product Type

  • Molluscs
  • Shellfish
  • Shrimps
  • Fishes
  • Crustaceans

Market Breakup by End Use

  • Animal Feed
  • Food Processing Industry
  • Retail/ Household
  • Pet Food
  • Food Service Provider

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Channels
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia frozen fish and seafood market. Some of the major players explored in the report are as follows:
  • KB Seafood Company
  • Raptis and Sons Pty Ltd.
  • WestState Seafoods
  • Oceanic Foods
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Australia Frozen Fish and Seafood Market Overview
5.1 Key Industry Highlights
5.2 Australia Frozen Fish and Seafood Historical Market (2018-2024)
5.3 Australia Frozen Fish and Seafood Market Forecast (2025-2034)
6 Australia Frozen Fish and Seafood Market by Product Type
6.1 Molluscs
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Shellfish
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.3 Shrimps
6.3.1 Historical Trend (2018-2024)
6.3.2 Forecast Trend (2025-2034)
6.4 Fishes
6.4.1 Historical Trend (2018-2024)
6.4.2 Forecast Trend (2025-2034)
6.5 Crustaceans
6.5.1 Historical Trend (2018-2024)
6.5.2 Forecast Trend (2025-2034)
7 Australia Frozen Fish and Seafood Market by End Use
7.1 Animal Feed
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Food Processing Industry
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Retail/ Household
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Pet Food
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Food Service Provider
7.5.1 Historical Trend (2018-2024)
7.5.2 Forecast Trend (2025-2034)
8 Australia Frozen Fish and Seafood Market by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Speciality Stores
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Online Channels
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Others
9 Australia Frozen Fish and Seafood Market by Region
9.1 New South Wales
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Victoria
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Queensland
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Australian Capital Territory
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Western Australia
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 30489)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 KB Seafood Company
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 A. Raptis and Sons Pty Ltd.
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 WestState Seafoods
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 Oceanic Foods
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 Others

Companies Mentioned

  • KB Seafood Company
  • A. Raptis and Sons Pty Ltd.
  • WestState Seafoods
  • Oceanic Foods

Methodology

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Table Information