Seafood Retailing in Australia - Market Research Report

Seafood Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.6%

Operators in the Seafood Retailing industry have benefited from rising seafood consumption over the past five years. Increasing health consciousness over the period has encouraged Australians to incorporate more fresh fish into their diets, as it is a lean source of protein and other nutrients, such as omega-3 oils. Higher seafood consumption has boosted retail sales volumes over the past five years, increasing industry revenue. Consumers have also purchased an increasing amount of high-value fresh seafood options over the period. Rising demand for higher-value fresh seafood products has supported industry revenue and profitability growth over the past five years. Industry revenue is expected to increase at an annualised 0.7% over the five years thro...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Seafood Retailing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Revenue for the Seafood Retailing industry is projected to continue growing over the next five years, albeit at a slightly slower pace. Health consciousness is anticipated to rise over the same period, encouraging more consumers to eat leaner sources of protein, such as fish and other seafood. In addition, an anticipated rise in household disposable income will allow consumers to spend more on industry products, which are typically more expensive than substitute products like poultry. Despite this, seafood consumption is anticipated to decline slightly over the next five years due to supply issues. Australia's fish and seafood catchment quotas are anticipated to be gradually reduced to ensure the vitality of marine ecosystems. Industry players are li...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Seafood Retailing industry statistics

  • attach_money Market Size: $971m
  • business Number of Businesses: 1,240
  • poll Average Industry Profit Margin: x.x%
    lock
    Purchase this report or a membership to unlock the average company profit margin for this industry.
  • supervisor_account Industry Employment: 4,814

Biggest companies in the Seafood Retailing industry

The Seafood Retailing in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Seafood Retailing industry?

Industry Definition

The industry consists of specialised retailers that sell fish, shellfish and molluscs. This seafood can be sold in a natural chilled state, filleted, smoked, salted, curried or in ready-to-eat meals to be cooked at home. The industry excludes retail sales of seafood by mass retailers, such as supermarkets.

Industry Products and Services

  • Fish
  • Crustaceans
  • Molluscs
  • Salted, smoked and cured seafood
  • All Others

Industry Activities

  • Fish retailing
  • Seafood retailing

Market research report - table of contents

Industry Definition

The industry consists of specialised retailers that sell fish, shellfish and molluscs. This seafood can be sold in a natural chilled state, filleted, smoked, salted, curried or in ready-to-eat meals to be cooked at home. The industry excludes retail sales of seafood by mass retailers, such as supermarkets.

Main Activities

  • Fish retailing
  • Seafood retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Seafood consumption represents the average per capita amount of fish and other seafood eaten by individuals. Rising per capita seafood consumption benefit...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Seafood consumption
Domestic price of fish and other seafood
Real household disposable income
Demand from supermarkets and grocery stores

Current Performance

Rising prices
Supermarket pressure
Food service threat
 Chart: Revenue Growth

Industry Outlook

Sustainability concerns
Continued competition
Industry structure
 Table: Seafood Retailing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Seafood Retailing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Pubs, Bars and Nightclubs in Australia
Fast Food and Takeaway Food Services in Australia
Restaurants in Australia
Consumers



Key Selling Industries

Seafood Processing in Australia
Fish and Seafood Wholesaling in Australia





Products & Services

The Seafood Retailing industry sells a variety of fish and other seafood products. These products can be segmented into fish, crustaceans, molluscs and sa...
Fifth income quintile
First and second income quintiles




Demand Determinants

Demand for seafood generally depends on the value for money of seafood products, taking into account consumer disposable income and the price of products....
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

Fifth income quintile
First and second income quintiles





 Chart: Major Market Segmentation for the Seafood Retailing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Seafood Retailing industry exhibits low market share concentration. No individual business commands a significant share of the industry. The industry ...
lock
Purchase this report or a membership to unlock the full analysis of the market share concentration in this industry.

Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Seafood Retailing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Seafood Retailing in Australia - Market Research Report Industry

Industry Globalization

The Seafood Retailing in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

Capital intensity has remained at a low level in the Seafood Retailing industry over the past five years. For every dollar spent on capital in 2019-20, in...
lock
Purchase this report or a membership to unlock the full analysis of the capital intensity of this industry.
 Chart: Level of Capital Intensity for the Seafood Retailing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Seafood Retailing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

CRUSTACEAN

FISHMONGER

MOLLUSC

SASHIMI

Purchase to Read Full Report

100% Money Back Guarantee Digicert Trusted
DOWNLOAD A SAMPLE REPORT

Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Seafood Retailing industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Seafood Retailing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Seafood Retailing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Seafood Retailing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
clear