Fresh Fish - Iran

  • Iran
  • Revenue in the Fresh Fish market amounts to €1.97bn in 2024. The market is expected to grow annually by 10.87% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in China (€53bn in 2024).
  • In relation to total population figures, per person revenues of €21.96 are generated in 2024.
  • In the Fresh Fish market, volume is expected to amount to 40.84m kg by 2029. The Fresh Fish market is expected to show a volume growth of 5.5% in 2025.
  • The average volume per person in the Fresh Fish market is expected to amount to 0.4kg in 2024.

Key regions: Russia, South Korea, Canada, United States, Philippines

 
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Analyst Opinion

The Fresh Fish Market in Iran is seeing moderate growth due to factors such as limited access to technology, low health awareness, and a preference for traditional market channels. Despite this, online services are slowly gaining popularity.

Customer preferences:
In Iran, there has been a noticeable shift towards sustainable and locally-sourced seafood, as consumers become more conscious of the environmental impact of their food choices. This trend is also influenced by the cultural preference for fresh and seasonal ingredients in Iranian cuisine. Additionally, with a growing middle class and increasing health awareness, there has been a rise in demand for healthier and organic seafood options, creating opportunities for premium and niche products in the Fresh Fish Market.

Trends in the market:
In Iran, the Fresh Fish Market of the Fish & Seafood Market within The Food market is experiencing an increase in demand for locally sourced and sustainably caught seafood. This trend is driven by consumers' growing awareness of the environmental impact of the seafood industry and their desire for fresher, healthier options. As a result, there has been a rise in the number of small-scale fisheries and aquaculture operations, as well as the adoption of eco-friendly practices such as using biodegradable packaging. These trends have significant implications for industry stakeholders, as they must adapt to meet consumer demands and stay competitive in the market. Additionally, the government has implemented policies to support and promote sustainable fishing practices, further shaping the trajectory of the market.

Local special circumstances:
In Iran, the Fresh Fish Market of the Fish & Seafood Market within The Food market is heavily influenced by the country's location along the Persian Gulf and the Caspian Sea. The availability of a wide range of local fish species, such as sturgeon, trout, and carp, has led to a diverse seafood market. Additionally, cultural factors, such as the popularity of seafood in Iranian cuisine and the tradition of fishing among coastal communities, also play a significant role in shaping the market. Furthermore, strict regulations on fishing and seafood production ensure the quality and sustainability of the market, making it a trusted source for high-quality seafood products.

Underlying macroeconomic factors:
The Fresh Fish Market of the Fish & Seafood Market within The Food market in Iran is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. Iran's economy has been impacted by international sanctions in recent years, leading to fluctuations in market performance. However, with the lifting of some sanctions and efforts to improve economic stability, the country's food market is expected to experience growth. Additionally, government initiatives to promote domestic production and reduce reliance on imports are expected to positively impact the Fresh Fish Market in Iran. With a growing population and increasing demand for healthy food options, the market is poised for growth in the coming years.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Visión general

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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