Product Code: ETC126223 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Sardine market currently, in 2023, has witnessed an HHI of 5062, Which has decreased slightly as compared to the HHI of 7544 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The sardine market in India is expected to growin the coming years. The increased demand of canned and processed foods as well as increasing consumer awareness about the health benefits associated with consuming fish have fuelled the growth of this market in India over recent years. Additionally, rising disposable incomes and an inclination towards purchasing convenience food products are also anticipated to contribute to the growth of sardines in India.Moreover, driven by growing population and urbanization, there has been an increase in the number of restaurants across cities offering varied cuisines which include dishes made using sardines that have further propelled its sales over past few years.
1. Increasing Demand for Seafood Products: Rising health consciousness among the population has increased demand for seafood products such as fish and shrimp, which includes sardines. This is a major driving force behind the growth of the India sardine market. 2. Changing Food Habits of Consumers: The growing trend towards international cuisine by Indias has led to higher consumption of items like canned sardines that were not traditionally consumed earlier. This shift in food habits has been instrumental in boosting sales of canned saradines across different parts of India as well as other countries with sizeable India diaspora populations such as UAE and UK. 3. Rising Disposable Income: Growing disposable incomes have enabled people from lower middle class backgrounds who could not afford these luxury items some years ago to now buy them easily without compromising on quality or quantity leading to an increase in sales volumes across all tiers of society throughout India.
1. Availability Issues ??? Despite its popularity, there are still issues regarding availability faced by customers when trying to purchase fresh/frozen sardines at local stores or supermarkets. This can be attributed partly due to inconsistent supply caused by lack or inadequate refrigeration facilities available at retail outlets. This leads many shoppers having difficulty finding what they need resulting into huge losses for producers/exporters & retailers alike. 2. Price Fluctuations - Another challenge faced by both suppliers & buyers is price fluctuations caused due heavy dependence on imported raw material used in production process plus various taxes applied upon importation making it difficult for businesses manage their profit margins consistently over extended periods hence creating uncertainties amongst them while dealing with each other?????????an example being high prices imposed on imports from Pakistan causing periodic shortages & consequent spikes in prices within domestic markets.
1) EID Parry (India) Ltd., 2) Amalgam Foods Pvt Ltd., 3) Hindusthan National Glass Industries Limited , 4) VVF Limited , 5) Patanjali Ayurved Ltd., 6 ) Skylark Frozen Foods Pvt Ltd., 7 ) West Coast Fisheries , 8 ) Varun
India Sardine |
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 India Sardine Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sardine Market Revenues & Volume, 2020 & 2027F |
3.3 India Sardine Market - Industry Life Cycle |
3.4 India Sardine Market - Porter's Five Forces |
3.5 India Sardine Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 India Sardine Market Revenues & Volume Share, By Species, 2020 & 2027F |
3.7 India Sardine Market Revenues & Volume Share, By End-Use, 2020 & 2027F |
3.8 India Sardine Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 India Sardine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sardine Market Trends |
6 India Sardine Market, By Types |
6.1 India Sardine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Sardine Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 India Sardine Market Revenues & Volume, By Fresh Sardine, 2018 - 2027F |
6.1.4 India Sardine Market Revenues & Volume, By Frozen Sardine, 2018 - 2027F |
6.1.5 India Sardine Market Revenues & Volume, By Canned Sardine, 2018 - 2027F |
6.1.6 India Sardine Market Revenues & Volume, By Sardine Meals, 2018 - 2027F |
6.2 India Sardine Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 India Sardine Market Revenues & Volume, By Sardinops Caeruleus, 2018 - 2027F |
6.2.3 India Sardine Market Revenues & Volume, By Sardinella Longiceps, 2018 - 2027F |
6.2.4 India Sardine Market Revenues & Volume, By Sardinella Gibbosa, 2018 - 2027F |
6.2.5 India Sardine Market Revenues & Volume, By Sardinella Aurita, 2018 - 2027F |
6.2.6 India Sardine Market Revenues & Volume, By Sardina Pilchardus, 2018 - 2027F |
6.2.7 India Sardine Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 India Sardine Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 India Sardine Market Revenues & Volume, By Food Processing, 2018 - 2027F |
6.3.3 India Sardine Market Revenues & Volume, By Animal Feed, 2018 - 2027F |
6.3.4 India Sardine Market Revenues & Volume, By Dietary Supplements, 2018 - 2027F |
6.3.5 India Sardine Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 India Sardine Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Sardine Market Revenues & Volume, By Direct Sales, 2018 - 2027F |
6.4.3 India Sardine Market Revenues & Volume, By Indirect Sales, 2018 - 2027F |
7 India Sardine Market Import-Export Trade Statistics |
7.1 India Sardine Market Export to Major Countries |
7.2 India Sardine Market Imports from Major Countries |
8 India Sardine Market Key Performance Indicators |
9 India Sardine Market - Opportunity Assessment |
9.1 India Sardine Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 India Sardine Market Opportunity Assessment, By Species, 2020 & 2027F |
9.3 India Sardine Market Opportunity Assessment, By End-Use, 2020 & 2027F |
9.4 India Sardine Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
10 India Sardine Market - Competitive Landscape |
10.1 India Sardine Market Revenue Share, By Companies, 2020 |
10.2 India Sardine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |