Market Forecast 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 ) And Competitive Landscape
Product Code: ETC033184 | Publication Date: Jun 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bahrain Chilled Uncooked Fish and Shellfish Market |
Forecast Period | 2024-2030 |
Market Size | USD 5.1 Billion by 2030 |
CAGR | 8.1% |
Growing Sector | Food and Beverage |
The Bahrain 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.
In 2024, the Bahrain Chilled Uncooked Fish and Shellfish market is valued at approximately $ 2.3 billion, with a projected compound annual growth rate (CAGR) of 8.1% over the next five years. Additionally, by 2030, the market is expected to reach around $ 5.1 billion. The food and beverage sector holds significant position in the overall market.
The Bahrain chilled uncooked fish and shellfish market is steadily expanding, driven by the country’s reliance on seafood as a key component of its diet and food security strategy. In recent years, the Bahraini government has actively supported the growth of local fisheries and aquaculture through initiatives like identifying land for fish farming and aiming for increased self-sufficiency, targeting 50-62% in fish production.
According to 6Wresearch, Bahrain Chilled Uncooked Fish and Shellfish market size is projected to grow at a CAGR of 8.1% during 2024-2030. The growth of the Bahrain chilled uncooked fish and shellfish market is driven by increasing consumer demand for fresh, high-quality seafood due to rising health consciousness and the popularity of protein-rich diets. Expanding urbanization and a growing foodservice industry, including restaurants and catering, further fuel market demand. The market benefits from growing consumer demand for fresh, high-quality seafood and is expected to see further growth due to increasing health awareness and preference for protein-rich diets.
Further, improved cold storage facilities and logistics systems have also enhanced the availability of fresh seafood products in retail markets, boosting consumption. However, the Bahrain Chilled Uncooked Fish and Shellfish industry faces challenges such as overreliance on imports to meet domestic seafood demand, making it vulnerable to international supply chain disruptions. Additionally, environmental concerns like overfishing and the impact of climate change on marine ecosystems pose risks to the long-term sustainability of local fisheries.
Key players in the Bahrain chilled uncooked fish and shellfish market include Bahrain Fisheries Company, a major provider of fresh and frozen seafood products with a focus on sustainable practices and local sourcing. Delmon Fisheries is another prominent company, offering a diverse range of chilled seafood products to retail and foodservice sectors. International suppliers also play a significant role, meeting the high demand for imported fish and shellfish due to Bahrain's limited local production capacity. Additionally, some of these players hold majority of the Bahrain Chilled Uncooked Fish and Shellfish market share. Moreover, these companies benefit from advancements in cold storage technology and growing consumer demand for high-quality, fresh seafood.
The Bahrain chilled uncooked fish and shellfish market operates under strict government regulations aimed at ensuring sustainability and food safety. The Ministry of Works, Municipalities Affairs, and Urban Planning oversees the fisheries sector, implementing policies to prevent overfishing and protect marine biodiversity. Licensing requirements regulate fishing activities, while seasonal restrictions help manage fish stocks sustainably. Bahrain also adheres to international food safety standards, ensuring imported and locally produced seafood meet hygiene and quality benchmarks. Further, these initiatives have further boosted the Bahrain Chilled Uncooked Fish and Shellfish market revenues. Moreover, investments in aquaculture are promoted under government initiatives to enhance local production and reduce reliance on imports, aligning with the country’s food security objectives.
The future of the Bahrain chilled uncooked fish and shellfish market is promising, driven by increasing consumer awareness of the health benefits of seafood and the rising demand for high-quality, sustainable products. Investments in aquaculture are expected to grow, bolstered by government initiatives to enhance local production and reduce import dependency. Technological advancements in cold chain logistics and food preservation will further improve product accessibility and freshness, fostering market growth. Additionally, the expansion of e-commerce platforms and modern retail channels is likely to cater to a tech-savvy consumer base seeking convenience. However, the market's long-term sustainability will depend on effective management of marine resources and continued emphasis on environmentally friendly practices.
According to Ravi Bhandari, Research Head, 6Wresearch, the fish category in the Bahrain chilled uncooked fish and shellfish market is witnessing steady growth due to increasing consumer preference for fresh, high-quality seafood. Popular fish species such as hammour, mackerel, and kingfish are in high demand, driven by their nutritional benefits and cultural significance in Bahraini cuisine. This growth is further supported by the rising health consciousness among consumers and the expansion of modern retail outlets and e-commerce platforms, which provide greater access to fresh fish.
The Bahrain food processing industry is experiencing significant growth, supported by increasing consumer demand for convenience foods and value-added products. The sector is expanding with advancements in technology, enabling the production of high-quality processed seafood, including ready-to-cook fish and shellfish products. Government initiatives to boost local production through incentives for processing facilities and aquaculture projects are further accelerating this growth. The rising popularity of packaged seafood products in retail outlets and online platforms is also driving the industry, catering to a time-conscious consumer base seeking fresh, easy-to-prepare options.
The Bahrain Chilled Uncooked Fish and Shellfish market report provides a detailed analysis of the following market segments -
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahrain Chilled Uncooked Fish and Shellfish Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, 2020 & 2030F |
3.3 Bahrain Chilled Uncooked Fish and Shellfish Market - Industry Life Cycle |
3.4 Bahrain Chilled Uncooked Fish and Shellfish Market - Porter's Five Forces |
3.5 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume Share, By End-user, 2020 & 2030F |
3.7 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Bahrain Chilled Uncooked Fish and Shellfish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bahrain Chilled Uncooked Fish and Shellfish Market Trends |
6 Bahrain Chilled Uncooked Fish and Shellfish Market, By Types |
6.1 Bahrain Chilled Uncooked Fish and Shellfish Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Product Type, 2020 - 2030F |
6.1.3 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Fish, 2020 - 2030F |
6.1.4 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Shellfish, 2020 - 2030F |
6.2 Bahrain Chilled Uncooked Fish and Shellfish Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Food Processing Industry, 2020 - 2030F |
6.2.3 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Food Service Provider, 2020 - 2030F |
6.2.4 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Retail/ Household, 2020 - 2030F |
6.2.5 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Animal Feed and Pet Food , 2020 - 2030F |
6.3 Bahrain Chilled Uncooked Fish and Shellfish Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By B2B, 2020 - 2030F |
6.3.3 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By B2C, 2020 - 2030F |
6.3.4 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Hypermarket/Supermarket , 2020 - 2030F |
6.3.5 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Fish Mongers, 2020 - 2030F |
6.3.6 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Convenience Store , 2020 - 2030F |
6.3.7 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Specialty Store , 2020 - 2030F |
6.3.8 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Others , 2020 - 2030F |
6.3.9 Bahrain Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Others , 2020 - 2030F |
7 Bahrain Chilled Uncooked Fish and Shellfish Market Import-Export Trade Statistics |
7.1 Bahrain Chilled Uncooked Fish and Shellfish Market Export to Major Countries |
7.2 Bahrain Chilled Uncooked Fish and Shellfish Market Imports from Major Countries |
8 Bahrain Chilled Uncooked Fish and Shellfish Market Key Performance Indicators |
9 Bahrain Chilled Uncooked Fish and Shellfish Market - Opportunity Assessment |
9.1 Bahrain Chilled Uncooked Fish and Shellfish Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Bahrain Chilled Uncooked Fish and Shellfish Market Opportunity Assessment, By End-user, 2020 & 2030F |
9.3 Bahrain Chilled Uncooked Fish and Shellfish Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Bahrain Chilled Uncooked Fish and Shellfish Market - Competitive Landscape |
10.1 Bahrain Chilled Uncooked Fish and Shellfish Market Revenue Share, By Companies, 2023 |
10.2 Bahrain Chilled Uncooked Fish and Shellfish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |