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Seafood Processing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Seafood Processing Market Research Report | ANZSIC C1120 | Feb 2013

Troubled waters: Declining production levels and rising imports threaten the domestic industry

IBISWorld’s Seafood Processing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 08-13
-0.7%
Annual Growth 13-18
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Profit
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Employment
3,188
Businesses
183
Industry Analysis & Industry Trends

The Seafood Processing industry has experienced turbulent conditions over the past five years. Revenue has been adversely affected by declining seafood production, lower prices and increasing imports. The industry has also become increasingly dependent on the domestic market as export prices declined due to limited stocks, restrictive legislation and an ascendant dollar. Domestic demand has however been buoyed by growth in per capita seafood consumption, supported by continued increases in product innovation, and positive media attention on the benefits of seafood and increasing consumer health awareness... purchase to read more

Industry Report - Industry Locations Chapter

Seafood processing establishments are not evenly spread between states. Processing mainly takes place in plants located in coastal centres close to the fisheries, which are their main domestic suppliers. Of those employed in this industry, over 80% work in either metropolitan or other coastal areas. Some Australian companies operate offshore to reduce costs and to gain greater access to raw materials. The wide spread of industry establishments shows that the average business is small.

The proportion of establishments has risen in Queensland, with the state now representing the greatest share of seafood processing facilities. This is due to the large volumes of seafood produced in the State... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Seafood Processing Industry?

Businesses in this industry process and manufacture fish or other seafood. This industry also includes businesses that operate vessels that process, but do not catch, fish or other seafood. This industry does not include fishing vessels that both catch and process fish or other seafood. This industry also does not include firms that freeze whole finfish or shell, freeze, or bottle oysters in brine; these are included in the Fish Wholesaling industry.

Industry Products
Fresh, chilled or frozen seafoodCanned fishSmoked, dried or salted fishFish meal or oil
 
Industry Activities
Crustaceans processing (incl. cooked and or frozen)Fish cleaning, filleting, drying and smokingFish filletFish loaf or cakeFish pasteFish pateMolluscs, processing (incl. shelled; except oysters)Preserved scallopsSeafood canning


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