Australia Chilled Uncooked Fish and Shellfish Market (2024-2030) | Industry, Value, Share, Analysis, Size, Companies, Forecast, Outlook, Trends, Revenue & Growth

Australia Chilled Uncooked Fish and Shellfish Market Highlights

Report Name	Australia Chilled Uncooked Fish and Shellfish Market
Forecast Period	2024-2030
Market Size	USD 4.9 Billion by 2030
CAGR	7.1%
Growing Sector	Food and Beverage

Topics Covered in the Australia Chilled Uncooked Fish and Shellfish Market Report

The Australia Chilled Uncooked Fish and Shellfish market report thoroughly covers the market by product type, by end user and by distribution channel. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Australia Chilled Uncooked Fish and Shellfish Market Size & Analysis

In 2024, the Australia Chilled Uncooked Fish and Shellfish market is valued at approximately $ 3.7 billion, with a projected compound annual growth rate (CAGR) of 7.1% over the next five years. Additionally, by 2030, the market is expected to reach around $ 4.9 billion. The food and beverage sector holds significant position in the overall market.

Australia Chilled Uncooked Fish and Shellfish Market Synopsis

The chilled uncooked fish and shellfish market in Australia is experiencing steady growth, driven by increasing consumer demand for fresh and sustainable seafood. The market is supported by rising health consciousness among consumers, emphasizing the demand for nutritious, protein-rich seafood options. Fish and shellfish, particularly shrimp, are popular due to their versatility and health benefits​. Additionally, growing interest in ethically sourced and traceable seafood, driven by technologies like blockchain, is shaping the market's dynamics, ensuring better sustainability and consumer confidence​

According to 6Wresearch, Australia Chilled Uncooked Fish and Shellfish market size is projected to grow at a CAGR of 7.1% during 2024-2030. The growth of the Australia chilled uncooked fish and shellfish market is driven by several key factors, including rising health awareness among consumers seeking high-protein, omega-3-rich seafood options. As more people turn to seafood for its nutritional benefits, especially fish like salmon and tuna, demand has surged. The growing focus on sustainability is also a significant driver, with consumers increasingly preferring responsibly sourced and traceable products, which has been facilitated by technologies like blockchain.

Additionally, Australia’s vast coastline and exclusive economic zone support a strong and diverse seafood industry, further propelling growth​. However, the Australia Chilled Uncooked Fish and Shellfish industry faces challenges such as overfishing, climate change, and the environmental impacts of aquaculture practices. Strict regulatory compliance is costly for smaller businesses, and rising operational costs, including supply chain disruptions and labor shortages, complicate profitability. Additionally, competition from lower-priced imports and fluctuating global demand for seafood create further obstacles for local producers​.

Australia Chilled Uncooked Fish and Shellfish Market Trends

• Sustainability and Traceability - Increasing demand for ethically sourced, traceable seafood, supported by technologies like blockchain, to ensure responsible sourcing and boost consumer trust​
• Health and Nutrition Focus - Growing consumer preference for nutrient-dense seafood, especially fish rich in omega-3 fatty acids, driven by health-conscious dietary trends​
• Technological Advancements in Aquaculture - The use of advanced systems like Recirculating Aquaculture Systems (RAS) and Integrated Multi-Trophic Aquaculture (IMTA) to improve efficiency and environmental sustainability in seafood production​
• Rise of Online Seafood Shopping - The growing popularity of e-commerce platforms for seafood sales, making fresh and chilled seafood more accessible to consumers​
• Sustainable Seafood Certifications - More seafood products are being certified by organizations like the Marine Stewardship Council (MSC), which enhances market appeal among environmentally conscious consumers​

Investment Opportunities in the Australia Chilled Uncooked Fish and Shellfish Market

• Sustainable Aquaculture Technologies - Investing in advanced aquaculture systems like Recirculating Aquaculture Systems (RAS) and Integrated Multi-Trophic Aquaculture (IMTA), which improve the sustainability and efficiency of fish farming​
• Cold Chain and Logistics - Opportunities in enhancing cold chain infrastructure to support the distribution of fresh and chilled seafood, ensuring product quality and reducing spoilage​
• Seafood Traceability Solutions - Investing in technologies such as blockchain to enhance traceability and transparency in the seafood supply chain, which is increasingly important to consumers and retailers​
• Sustainable Seafood Certification - There is potential for businesses that invest in obtaining sustainable seafood certifications, such as MSC, to appeal to eco-conscious consumers​

Key Players in the Australia Chilled Uncooked Fish and Shellfish Market

Key companies in the Australia chilled uncooked fish and shellfish market include Raptis & Sons Pty Ltd, a well-established seafood company known for its high-quality products and commitment to sustainability​. Further, Seafarms Group Ltd, one of the country's leading aquaculture companies, focuses on sustainable shrimp farming and has a significant presence in the export market​.

Moreover, Clean Seas Seafood, a major player in Australian aquaculture, is known for its premium farmed yellowtail kingfish, catering to both domestic and international markets​. Additionally, Australian Fisheries Management Authority (AFMA) plays a crucial role in managing fisheries, ensuring sustainability in both commercial and recreational fishing​. Additionally, some of these players hold majority of the Australia Chilled Uncooked Fish and Shellfish market share. Moreover, these companies are integral to the growth of the industry, contributing to advancements in sustainability and export potential.

Government Regulations in the Australia Chilled Uncooked Fish and Shellfish Market

The Australia government enforces strict regulations to ensure the sustainability and safety of the chilled uncooked fish and shellfish market. These regulations include fishing quotas, catch limits, and fishing methods that aim to prevent overfishing and protect marine ecosystems. The Australian Fisheries Management Authority (AFMA) oversees commercial fisheries in Commonwealth waters, ensuring compliance with sustainable practices and managing fishing licenses. Additionally, various state-level agencies regulate fisheries in state waters.

Further, these initiatives have further boosted the Australia Chilled Uncooked Fish and Shellfish market revenues. Moreover, the government also mandates sustainability certifications, such as those from the Marine Stewardship Council (MSC), which promote responsible sourcing. Furthermore, food safety regulations govern seafood production, ensuring that products meet strict health and hygiene standards before they reach consumers​. These efforts are essential for maintaining long-term industry viability, enhancing consumer trust, and securing export opportunities.

Future Insights of the Australia Chilled Uncooked Fish and Shellfish Market

The future of the Australia chilled uncooked fish and shellfish market appears promising, with continued growth driven by the increasing global demand for high-quality, sustainably sourced seafood. As consumers become more health-conscious and seek nutrient-dense options like omega-3-rich fish, the demand for chilled seafood is expected to rise. The market will also benefit from technological advancements in aquaculture and cold chain logistics, which will improve product freshness and accessibility​. Additionally, as the importance of sustainability grows, companies investing in eco-friendly and traceable practices will gain a competitive edge, with technologies like blockchain becoming more prevalent to enhance supply chain transparency​. Moreover, export opportunities to neighboring Asian markets and beyond are also set to expand, positioning Australian seafood as a premium, sustainable choice in international markets​.

Fish Category to Dominate the Market - By Product Type

According to Ravi Bhandari, Research Head, 6Wresearch, the fish category in the Australia chilled uncooked fish and shellfish market is witnessing significant growth, driven by rising consumer demand for healthy, protein-rich seafood options. Fish varieties like salmon, tuna, and barramundi are particularly popular due to their nutritional benefits, including omega-3 fatty acids that promote heart health. With increased awareness of the health benefits of fish consumption, coupled with growing preferences for fresh and sustainably sourced products, the market for chilled fish is expanding. Innovations in sustainable aquaculture practices, including better management of fish farming systems, are helping meet this demand, while technological advancements in cold chain logistics ensure that these products remain fresh and accessible to consumers both domestically and internationally.

Food Processing Industry to Dominate the Market – By End User

The food processing industry in Australia is experiencing robust growth, fueled by rising consumer demand for convenient, ready-to-eat, and high-quality products, including chilled seafood. As health-conscious consumers increasingly seek nutritious, protein-rich foods, the market for processed seafood, particularly fish and shellfish, continues to expand. Technological advancements in food preservation, packaging, and cold chain logistics have played a crucial role in improving the shelf life and freshness of processed products, facilitating both domestic consumption and export opportunities. Furthermore, growing awareness around sustainability has encouraged innovation in value-added products, such as pre-marinated or portioned seafood, catering to the demand for convenience and ethical sourcing.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year - 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Australia Chilled Uncooked Fish and Shellfish Market Overview
• Australia Chilled Uncooked Fish and Shellfish Market Outlook
• Market Size of Australia Chilled Uncooked Fish and Shellfish Market, 2023
• Forecast of Australia Chilled Uncooked Fish and Shellfish Market, 2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Revenues & Volume for the Period 2020-2030
• Australia Chilled Uncooked Fish and Shellfish Market - Trend Evolution
• Australia Chilled Uncooked Fish and Shellfish Market Drivers and Challenges
• Australia Chilled Uncooked Fish and Shellfish Market - Price Trends
• Australia Chilled Uncooked Fish and Shellfish Market - Porter's Five Forces
• Australia Chilled Uncooked Fish and Shellfish Industry Life Cycle
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Product Type for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Fish for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Shellfish for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By End-User for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Food Processing Industry for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Food Service Provider for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Retail/ Household for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Animal Feed and Pet Food for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By B2B for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By B2C for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Hypermarket/Supermarket for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Fish Mongers for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Convenience Store for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Specialty Store for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Online Retailing for the Period 2020-2030
• Historical Data and Forecast of Australia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Others for the Period 2020-2030
• Australia Chilled Uncooked Fish and Shellfish Import Export Trade Statistics
• Market Opportunity Assessment, By Product Type
• Market Opportunity Assessment, By End-user
• Market Opportunity Assessment, By Distribution Channel
• Australia Chilled Uncooked Fish and Shellfish Market - Top Companies Market Share
• Australia Chilled Uncooked Fish and Shellfish Market - Competitive Benchmarking, By Technical and Operational Parameters
• Australia Chilled Uncooked Fish and Shellfish Market - Company Profiles
• Australia Chilled Uncooked Fish and Shellfish Market - Key Strategic Recommendations

Markets Covered

The Australia Chilled Uncooked Fish and Shellfish market report provides a detailed analysis of the following market segments -

By Product Type

• Fish
• Shellfish

By End User

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

By Distribution Channel

• B2B
• B2C
• Hypermarket/Supermarket
• Fish Mongers
• Convenience Store
• Specialty Store
• Online Retailing
• Others