United Arab Emirates Seafood Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

The United Arab Emirates Seafood Market is segmented by Type (Fish, Shrimp) , by Form (Fresh / Chilled, Frozen / Canned, Processed) and by Distribution Channel (Off-Trade, On-Trade)

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United Arab Emirates Seafood Market Size

United Arab Emirates Seafood Market Summary
https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Type: Fish
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Type: Shrimp
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 1.55 %

Major Players
major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

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United Arab Emirates Seafood Market Analysis

The United Arab Emirates Seafood Market is projected to register a CAGR of 1.55%

  • Fish is the Largest Type: The country's demand for fish is fueled by a range of factors, including fish's lower price, greater nutritional value, and ease of availability due to increased production.
  • Fresh / Chilled is the Largest Form: Local consumers choose wild-caught as they believe it to be more natural, fresh, delicious, and healthy. The demand rose considerably after the relaxation of the lockdown.
  • Shrimp is the Fastest-growing Type: The growth of the aquaculture sector supports the progress of the shrimp market in the country, with farmed shrimp set to dominate the market in the coming years.
  • Processed is the Fastest-growing Form: The increasing popularity of ready-to-eat and ready-to-cook meat to match the fast-paced lifestyle is projected to drive the demand for processed poultry meat in the country.

United Arab Emirates Seafood Industry Segmentation

Fish, Shrimp are covered as segments by Type. Fresh / Chilled, Frozen / Canned, Processed are covered as segments by Form. Off-Trade, On-Trade are covered as segments by Distribution Channel.
Type
Fish
Shrimp
Other Seafood
Form
Fresh / Chilled
Frozen / Canned
Processed
Distribution Channel
Off-Trade
Convenience Stores
Online Channel
Supermarkets and Hypermarkets
Others
On-Trade

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United Arab Emirates Seafood Market Trends

This section covers the major market trends shaping the United Arab Emirates Seafood Market according to our research experts:

Fish is the largest Type

  • Fish is the primary type of seafood consumed in the United Arab Emirates. The country is the highest consumer of fish, with a per capita consumption of 17.85 kg/capita in 2021. Fish is considered a major source of protein in the country. Fish prices are low, and they further decreased by 70% in 2020 after the ban was lifted. Overall, small pelagic fish, such as sardines and mackerel, and large pelagic fish, such as tuna and barracuda, are the highly consumed species in the United Arab Emirates.
  • Processed fish type is projected to be the fastest-growing segment with a CAGR value of 2.92% during the forecast period (2022-2028). The per capita expenditure on seafood increased from USD 176.2 in 2018 to USD 201 in 2021. The growing population, coupled with the increasing consumption of fish, is further driving the market. 
  • In the United Arab Emirates, more than 67% of the seafood is consumed through the on-trade channel, which includes restaurants and foodservices. In 2021, the highest per capita consumption of 25.5 kg/capita was recorded in the Middle East. In the United Arab Emirates. Around 40% of seafood consumers dine out at least 2-3 times per week due to a variety of options available at restaurants.
  • Seafood sales increased by 14.1% from 2016 to 2021. The market is projected to grow at an average Y-o-Y growth rate of 2.63% during the forecast period. The UAE government is also focusing on aquaculture projects due to the increasing demand for seafood, as it is a viable source of improving the region’s food security, which is a major concern in the country because the nation relies on imports for around 75% of its demand.
United Arab Emirates Seafood Market: United Arab Emirates Seafood Market, CAGR, %, By Type, 2022 - 2028

United Arab Emirates Seafood Industry Overview

The United Arab Emirates Seafood Market is fragmented, with the top five companies occupying 2.70%. The major players in this market are Almunajem Foods, Conagra Brands Incorporated, Golden Dunes General Trading (LLC), The Deep Seafood Company and The Savola Group (sorted alphabetically).

United Arab Emirates Seafood Market Leaders

  1. Almunajem Foods

  2. Conagra Brands Incorporated

  3. Golden Dunes General Trading (LLC)

  4. The Deep Seafood Company

  5. The Savola Group

*Disclaimer: Major Players sorted in no particular order

United Arab Emirates Seafood Market Concentration

United Arab Emirates Seafood Market News

  • February 2022: Tabuk Fisheries and NEOM planned on an agreement to build a new fish farm with a capacity of 70 million fingerlings.
  • February 2022: Asmak has announced a strategic distribution agreement with Fish Farm, a UAE-based aquaculture company. Under this agreement, Asmak will distribute fish farm products to capture a wider audience locally and regionally through its processing facility and strong distribution channels, including wholesale, food service, and retail.
  • October 2018: Asmak has participated in the Seafex Middle East event to launch its new range of premium products and solidified Food Service solutions. The company has also introduced their value-added food services in the event.

United Arab Emirates Seafood Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  3. 2. KEY INDUSTRY TRENDS

    1. 2.1. Price Trends

    2. 2.2. Production Trends

    3. 2.3. Regulatory Framework

    4. 2.4. Value Chain & Distribution Channel Analysis

  4. 3. MARKET SEGMENTATION

    1. 3.1. Type

      1. 3.1.1. Fish

      2. 3.1.2. Shrimp

      3. 3.1.3. Other Seafood

    2. 3.2. Form

      1. 3.2.1. Fresh / Chilled

      2. 3.2.2. Frozen / Canned

      3. 3.2.3. Processed

    3. 3.3. Distribution Channel

      1. 3.3.1. Off-Trade

        1. 3.3.1.1. Convenience Stores

        2. 3.3.1.2. Online Channel

        3. 3.3.1.3. Supermarkets and Hypermarkets

        4. 3.3.1.4. Others

      2. 3.3.2. On-Trade

  5. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Al Islami Foods

      2. 4.4.2. Almunajem Foods

      3. 4.4.3. Conagra Brands Incorporated

      4. 4.4.4. Enhance Group Holding company Limited

      5. 4.4.5. Golden Dunes General Trading (LLC)

      6. 4.4.6. Tabuk Fishries Co.

      7. 4.4.7. The Deep Seafood Company

      8. 4.4.8. The Savola Group

  6. 5. KEY STRATEGIC QUESTIONS FOR SEAFOOD INDUSTRY CEOS

  7. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, FISH, PRICE IN USD/METRIC TONNES, 2016 - 2022
  1. Figure 2:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, SHRIMP, PRICE IN USD/METRIC TONNES, 2016 - 2022
  1. Figure 3:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, FISH, PRODUCTION IN METRIC TONNES, 2016 - 2028
  1. Figure 4:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME, METRIC TONNES, 2016 - 2028
  1. Figure 5:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE, USD, 2016 - 2028
  1. Figure 6:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, BY TYPE, 2016 - 2028
  1. Figure 7:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, BY TYPE, 2016 - 2028
  1. Figure 8:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME SHARE (%), BY TYPE, 2016 VS 2022 VS 2028
  1. Figure 9:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE SHARE (%), BY TYPE, 2016 VS 2022 VS 2028
  1. Figure 10:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, FISH, 2016 - 2028
  1. Figure 11:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, FISH, 2016 - 2028
  1. Figure 12:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, FISH, VALUE SHARE (%), BY FORM, 2021 VS 2028
  1. Figure 13:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, SHRIMP, 2016 - 2028
  1. Figure 14:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, SHRIMP, 2016 - 2028
  1. Figure 15:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, SHRIMP, VALUE SHARE (%), BY FORM, 2021 VS 2028
  1. Figure 16:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, OTHER SEAFOOD, 2016 - 2028
  1. Figure 17:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, OTHER SEAFOOD, 2016 - 2028
  1. Figure 18:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, OTHER SEAFOOD, VALUE SHARE (%), BY FORM, 2021 VS 2028
  1. Figure 19:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, BY FORM, 2016 - 2028
  1. Figure 20:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, BY FORM, 2016 - 2028
  1. Figure 21:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME SHARE (%), BY FORM, 2016 VS 2022 VS 2028
  1. Figure 22:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE SHARE (%), BY FORM, 2016 VS 2022 VS 2028
  1. Figure 23:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, FRESH / CHILLED, 2016 - 2028
  1. Figure 24:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, FRESH / CHILLED, 2016 - 2028
  1. Figure 25:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, FRESH / CHILLED, VALUE SHARE (%), BY TYPE, 2021 VS 2028
  1. Figure 26:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, FROZEN / CANNED, 2016 - 2028
  1. Figure 27:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, FROZEN / CANNED, 2016 - 2028
  1. Figure 28:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, FROZEN / CANNED, VALUE SHARE (%), BY TYPE, 2021 VS 2028
  1. Figure 29:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, PROCESSED, 2016 - 2028
  1. Figure 30:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, PROCESSED, 2016 - 2028
  1. Figure 31:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, PROCESSED, VALUE SHARE (%), BY TYPE, 2021 VS 2028
  1. Figure 32:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 33:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028
  1. Figure 34:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 35:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028
  1. Figure 36:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, BY OFF-TRADE, 2016 - 2028
  1. Figure 37:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, BY OFF-TRADE, 2016 - 2028
  1. Figure 38:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME SHARE (%), BY OFF-TRADE, 2016 VS 2022 VS 2028
  1. Figure 39:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE SHARE (%), BY OFF-TRADE, 2016 VS 2022 VS 2028
  1. Figure 40:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, CONVENIENCE STORES, 2016 - 2028
  1. Figure 41:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, CONVENIENCE STORES, 2016 - 2028
  1. Figure 42:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, CONVENIENCE STORES, VALUE SHARE (%), BY TYPE, 2021 VS 2028
  1. Figure 43:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, ONLINE CHANNEL, 2016 - 2028
  1. Figure 44:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, ONLINE CHANNEL, 2016 - 2028
  1. Figure 45:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, ONLINE CHANNEL, VALUE SHARE (%), BY TYPE, 2021 VS 2028
  1. Figure 46:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, SUPERMARKETS AND HYPERMARKETS, 2016 - 2028
  1. Figure 47:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, SUPERMARKETS AND HYPERMARKETS, 2016 - 2028
  1. Figure 48:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, SUPERMARKETS AND HYPERMARKETS, VALUE SHARE (%), BY TYPE, 2021 VS 2028
  1. Figure 49:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, OTHERS, 2016 - 2028
  1. Figure 50:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, OTHERS, 2016 - 2028
  1. Figure 51:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, OTHERS, VALUE SHARE (%), BY TYPE, 2021 VS 2028
  1. Figure 52:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VOLUME IN METRIC TONNES, ON-TRADE, 2016 - 2028
  1. Figure 53:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, VALUE IN USD, ON-TRADE, 2016 - 2028
  1. Figure 54:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017 - 2022
  1. Figure 55:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET, TOTAL NUMBER OF STRATEGIC MOVES, 2017 - 2022
  1. Figure 56:  
  2. UNITED ARAB EMIRATES SEAFOOD MARKET SHARE(%), BY KEY PLAYERS, 2021

Market Definition

  • Frozen / Canned Seafood - Frozen seafood are products whose average temperature is reduced to -18 ° C or lower to preserve the inherent quality of the fresh fish. Then it is kept at a temperature of -18 ° C or lower to maintain its shelf life.​
  • Processed Seafood - Processed seafood are the ones that have been cured, salted, marinated, dried, pickled, fermented or smoked for human consumption. ​
  • Seafood - It contains marine species that can be consumed, particularly fish and shelled marine life.​
  • Shrimp - Shrimp are swimming crustaceans. They have long, slender muscles in their abdomens and lengthy antennae.​

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.​
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.​
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.​
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

For any queries related to research methodology, click here to schedule a call with our analysts.

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United Arab Emirates Seafood Market Research FAQs

The United Arab Emirates Seafood Market is studied from 2016 - 2028.

The United Arab Emirates Seafood Market is projected to register a CAGR of 1.55%

The country's demand for fish is fueled by a range of factors, including fish's lower price, greater nutritional value, and ease of availability due to increased production.

Local consumers choose wild-caught as they believe it to be more natural, fresh, delicious, and healthy. The demand rose considerably after the relaxation of the lockdown.

The growth of the aquaculture sector supports the progress of the shrimp market in the country, with farmed shrimp set to dominate the market in the coming years.

The increasing popularity of ready-to-eat and ready-to-cook meat to match the fast-paced lifestyle is projected to drive the demand for processed poultry meat in the country.

Almunajem Foods,Conagra Brands Incorporated,Golden Dunes General Trading (LLC),The Deep Seafood Company and The Savola Group. are the major companies operating in United Arab Emirates Seafood Market.

United Arab Emirates Seafood Industry Report

Statistics for the 2021 United Arab Emirates Seafood market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Arab Emirates Seafood analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

United Arab Emirates Seafood Report Snapshots