Middle East And Africa Fish Processing Market

Middle East and Africa Fish Processing Market Size (2024 To 2029)

The fish processing market size in the Middle East and Africa is estimated to be worth USD 12.48 billion by 2029 from USD 11.22 billion in 2024, growing at a CAGR of 2.15% from 2024 to 2029. The market is expected to grow at a decent rate in the mentioned forecasting period and it continues to gain momentum with the ever-increasing demand for fish consumption.

Fish Processing is the process which starts with the catching of fishes and ends at final shipping to customers. It includes entire species of aquatic organisms, irrespective of the place they are obtained from. Fish is a very perishable food and hence needs to be stored and preserved properly for protection against decaying. Some of the popular fish processes used for fish preservation are surimi, curing, salting, drying, and smoking. The major driving factors for the market of Middle-East and Africa Fish Processing are the growth of population and increase in the spending on food. Also, the rising demand for the variety of seafood is a factor which is estimated to propel the market in future. However, the recently developing trend of vegetarian and vegan diets could pose as a major threat for the growth of this market.

This research report on the Middle East and Africa fish processing market has been segmented and sub-segmented based on the following categories.

Middle East and Africa Fish Processing Market By Fish Processing Category

• Frozen
• Preserved
• others

Middle East and Africa Fish Processing Market By Application

• Food
• Non-Food

The food segment leads the market under the segmentation on the basis of application due to increased inclusion of fish in people’s diets.

Middle East and Africa Fish Processing Market By Source

• Marine
• Inland

The fish harvested from marine sources lead the market due to the development of new techniques for fishing.

Middle East and Africa Fish Processing Market By Species

• Fish
• Crustaceans
• Mollusks
• Others

Middle East and Africa Fish Processing Market By Equipment

• Slaughtering
• Gutting
• Scaling
• Filleting
• Deboning
• Skinning
• Smoking
• Others

Middle East and Africa Fish Processing Market By Region

• KSA
• UAE
• Israel
• rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• Rest of MEA

The growth of fishery as an occupation in this region has been accelerated since the past few years and this has led to the development of fish processing industry. The market in this region has a bright future in the years to come.

KEY MARKET PLAYERS

Major Key Players in the MEA fish processing market are Active Fishing Systems, Applied UV, AquaEco, Atlantic Seafood, and Artisanal fishers