Australia Seafood Market 2025 | Market Demand, Size, Share, Trends, Growth and Analysis by 2033

The latest report by IMARC Group, “Australia Seafood Market Size, Share, Trends, and Forecast by Type, Form, Distribution Channel, and Region, 2025-2033,” provides an in-depth analysis of the Australia seafood market. The report also includes competitor and regional analysis, along with a breakdown of segments within the Australia seafood industry. The market size reached USD 3.02 Billion in 2024 and is projected to grow to USD 5.61 Billion by 2033, exhibiting a CAGR of 6.50% during 2025-2033.

Report Attributes and Key Statistics:

Base Year 2024

Forecast Years 2025-2033

Historical Years 2019-2024

Market Size in 2024 USD 3.02 Billion

Market Forecast in 2033 USD 5.61 Billion

Market Growth Rate 2025-2033 6.50%

Australia Seafood Market Overview:

The Australian seafood market is experiencing strong growth as more consumers seek fresh, sustainable, and healthy food options. Producers and retailers are expanding their offerings to meet rising demand, while improved aquaculture and supply chains are ensuring consistent quality and availability. Government policies are promoting sustainable fishing practices and eco-labeling, with over 35% of wild-caught seafood now MSC certified as of November 2024. Key factors such as health awareness, a focus on premium products, and growth in both domestic and export markets are shaping the sector, positioning Australia as a leader in sustainable seafood production.

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Australia Seafood Market Trends and Drivers:

The market is increasingly adopting sustainable fishing methods and certification programs, with eco-labeling becoming commonplace. Technological advances in aquaculture, such as automated feeding and better breeding, are boosting yields for species like salmon and barramundi. Digital tools for traceability and export documentation are streamlining operations. There is a greater emphasis on premium, traceable, and value-added seafood, and the market is growing through traditional retail and online channels. These trends support both domestic consumption and strong export growth.

Key drivers include rising health awareness, demand for sustainable and certified seafood, and the expansion of aquaculture to ease pressure on wild stocks. Government regulations and consumer awareness promote responsible sourcing and environmental care. The growth of the foodservice sector and tourism, especially in coastal areas, is increasing demand for fresh and locally sourced seafood. Export opportunities to Asia and Europe, along with investments in processing and cold-chain logistics, are helping to accelerate market growth.

Australia Seafood Key Growth Drivers:

• Growing consumer demand for sustainable and certified seafood

• Expansion of aquaculture and adoption of advanced technologies

• Rising health awareness and preference for nutritious foods

• Growth in exports to Asia and Europe

• Expansion of foodservice and tourism sectors

• Government support for sustainability and traceability

Key Highlights of the Report:

• Comprehensive market size and forecast for 2024-2033

• Detailed segmentation by type, form, distribution channel, and region

• Analysis of sustainability, technology, and export trends

• Competitive landscape with profiles of major companies

• Insights into consumer preferences and regulatory changes

• Evaluation of challenges and opportunities in aquaculture and exports

Australia Seafood Market Segmentation:

Type Insights:

• Fish

• Shrimp

• Others

Form Insights:

• Canned

• Fresh/Chilled

• Frozen

• Processed

Distribution Channel Insights:

• Off-trade (Convenience Stores, Online Channel, Supermarkets and Hypermarkets, Others)

• On-trade

Regional Insights:

• Australia Capital Territory & New South Wales

• Victoria & Tasmania

• Queensland

• Northern Territory & Southern Australia

• Western Australia

Competitive Landscape:

• Detailed profiles of all major companies

• Market structure and key player positioning

• Top winning strategies and competitive dashboard

• Company evaluation quadrant

Australia Seafood Market News:

• November 2024: Over 35% of Australia’s wild-caught seafood by volume holds MSC certification, reflecting the increasing adoption of sustainable fishing practices.

• 2023-2024: Australian fisheries and aquaculture production gross value expected to reach $3.56 Billion, supported by technological advances and sustainable practices.

Note: If you require specific information not currently within the scope of the report, we can provide it as part of the customization.

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About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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