The global sardine market reached a volume of 3.57 Million Tons in 2020. Looking forward, the publisher expects the market to exhibit stable growth during the forecast period 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Sardine, also known as pilchard, refers to small and oily fish with silver skin and a rich-flavoured flesh. It has high amounts of vitamins and minerals including vitamin B2, niacin, vitamin B12, phosphorus, potassium, calcium, iron, selenium, omega-3 fatty acids, etc. Sardines are used in a variety of applications ranging from immediate consumption to reduction into fish meal and oil. Moreover, sardine oil is employed in the production of varnishes, paints, linoleum, etc.
Sardines offer several health benefits, such as enhancing heart functions and bone structures, maintaining cholesterol levels and cardiovascular health, boosting immune system and improving muscle tissues. In addition, sardines also help in weight loss and maintain salt level in the body. Owing to these factors, the demand for sardines is expected to remain stable during the upcoming years. Further, sardines are more affordable as compared to some of the other fish species with the same nutritional value. This is anticipated to sustain the growth of the global sardine market across the globe.
Market Summary:
Based on the species, the market has been segmented into Sardina Pilchardus, Sardinops Caeruleus, Sardinella longiceps, Sardinella Aurita, Sardinella Gibbosa and others. Currently, Sardina Pilchardus represents the most popular species in the global sardine market, holding the largest share.
On the basis of type, the report finds that canned sardine accounts for the majority of the market share. It is followed by frozen sardine and fresh sardine.
Based on the distribution channel, supermarkets and hypermarkets dominate the global sardine market, holding the biggest share. Other major distribution channels include convenience stores, hotels and restaurants, online and others.
Region-wise, the market has been segmented into Asia Pacific, Middle East and Africa, Americas and Europe. Amongst these, Asia Pacific is the leading market, accounting for the majority of the market share.
The competitive landscape of the market has also been examined.
This report provides a deep insight into the global sardine market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a sardine processing plant. The study analyses the processing and processing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the sardine industry in any manner.
Key Questions Answered in This Report:
How has the global sardine market performed so far and how will it perform in the coming years?
What are the key regional markets in the global sardine industry?
What has been the impact of COVID-19 on the global sardine industry?
What are the major species in the global sardine industry?
What are the key product types in the global sardine industry?
What are the major distribution channels in the global sardine industry?
What are the various stages in the value chain of the global sardine industry?
What are the key driving factors and challenges in the global sardine industry?
What is the structure of the global sardine industry and who are the key players?
What is the degree of competition in the global sardine industry?
What are the profit margins in the global sardine industry?
What are the key requirements for setting up a sardine processing plant?
How are sardines processed?
What are the various unit operations involved in a sardine processing plant?
What is the total size of land required for setting up a sardine processing plant?
What are the machinery requirements for setting up a sardine processing plant?
What are the raw material requirements for setting up a sardine processing plant?
What are the packaging requirements for sardine?
What are the transportation requirements for sardine?
What are the utility requirements for setting up a sardine processing plant?
What are the manpower requirements for setting up a sardine processing plant?
What are the infrastructure costs for setting up a sardine processing plant?
What are the capital costs for setting up a sardine processing plant?
What are the operating costs for setting up a sardine processing plant?
What will be the income and expenditures for a sardine processing plant?
What is the time required to break-even?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Sardine Market 5.1 Market Overview 5.2 Market Performance 5.2.1 Volume Trends 5.2.2 Value Trends 5.3 Impact of COVID-19 5.4 Price Analysis 5.4.1 Key Price Indicators 5.4.2 Price Structure 5.4.3 Price Trends 5.5 Market Breakup by Species 5.6 Market Breakup by Type 5.7 Market Breakup by Distribution Channel 5.8 Market Breakup by Region 5.9 Imports and Exports 5.10 Market Forecast 5.10.1 Volume Trends 5.10.2 Value Trends 5.11 SWOT Analysis 5.12 Value Chain Analysis 5.13 Porters Five Forces Analysis
12 Sardine Processing 12.1 Product Overview 12.2 Detailed Process Flow 12.3 Various Types of Unit Operations Involved 12.4 Mass Balance and Raw Material Requirements 12.5 Key Success and Risk Factors
13 Project Details, Requirements and Costs Involved 13.1 Land and Site Development 13.2 Construction Requirements and Expenditures 13.3 Plant Machinery 13.4 Machinery Pictures 13.5 Raw Materials Requirements and Expenditures 13.6 Raw Material and Final Product Pictures 13.7 Packaging Requirements and Expenditures 13.8 Transportation Requirements and Expenditures 13.9 Utilities Requirements and Expenditures 13.10 Manpower Requirements and Expenditures 13.11 Other Capital Investments
