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Mackerel Market

ID: MRFR/FnB/25522-HCR
100 Pages
Snehal Singh
October 2025

Mackerel Market Research Report By Form (Fresh, Frozen, Canned, Smoked), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Online Retailers, Specialty Stores), By Application (Food and Beverage Industry, Retail Sector, Household Consumption, Pet Food Industry), By Mackerel Species (Atlantic Mackerel, Pacific Mackerel, Chub Mackerel, Indian Mackerel), By Processing Technique (Hand-Filleting, Machine-Filleting, Whole-Fish Processing, Value-Added Processing) and By Regional (North America, Europe, South America, Asia Pacif... read more

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Mackerel Market Summary

As per MRFR analysis, the Mackerel Market Size was estimated at 15.19 USD Billion in 2024. The Mackerel industry is projected to grow from 15.8 in 2025 to 23.42 by 2035, exhibiting a compound annual growth rate (CAGR) of 4.01 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Mackerel Market is experiencing a dynamic shift towards sustainability and health consciousness, driving growth across various segments.

  • North America remains the largest market for mackerel, driven by increasing health awareness and culinary versatility.
  • The Asia-Pacific region is the fastest-growing market, reflecting a rising demand for seafood and innovative culinary trends.
  • Fresh mackerel continues to dominate the market, while canned mackerel is emerging as the fastest-growing segment due to convenience and shelf stability.
  • Key market drivers include the rising demand for seafood and sustainability practices in fishing, which are shaping consumer preferences.

Market Size & Forecast

2024 Market Size 15.19 (USD Billion)
2035 Market Size 23.42 (USD Billion)
CAGR (2025 - 2035) 4.01%

Major Players

Thai Union Group (TH), Maruha Nichiro Corporation (JP), Mowi ASA (NO), Dongwon Industries (KR), Nissui (JP), Bakkafrost (FO), Ocean Beauty Seafoods (US), Stolt Sea Farm (NO), Sajo Industries (KR)

Mackerel Market Trends

The Mackerel Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and increasing demand for sustainable seafood options. As awareness regarding health benefits associated with omega-3 fatty acids rises, mackerel is gaining traction among health-conscious consumers. This fish is not only recognized for its nutritional value but also for its versatility in culinary applications, which further enhances its appeal. Additionally, the market is witnessing a shift towards eco-friendly fishing practices, as stakeholders aim to address sustainability concerns. This trend is likely to influence production methods and sourcing strategies, potentially reshaping the supply chain. Moreover, the Mackerel Market is also influenced by changing dietary patterns and the growing popularity of seafood in various cuisines worldwide. The rise of online grocery shopping and food delivery services is facilitating access to mackerel products, thereby expanding its consumer base. As the market continues to evolve, it appears that innovation in product offerings, such as ready-to-eat meals and value-added products, may play a crucial role in attracting new customers. Overall, the Mackerel Market seems poised for growth, driven by a combination of health trends, sustainability initiatives, and changing consumer behaviors.

Sustainability Initiatives

The Mackerel Market is increasingly focusing on sustainable fishing practices. Stakeholders are adopting eco-friendly methods to address environmental concerns, which may enhance the market's reputation and attract environmentally conscious consumers.

Health Consciousness

There is a growing awareness of the health benefits associated with mackerel, particularly its high omega-3 fatty acid content. This trend suggests that more consumers are incorporating mackerel into their diets for its nutritional advantages.

Culinary Versatility

Mackerel Market's adaptability in various culinary applications is becoming a notable trend. As consumers explore diverse cuisines, the demand for mackerel in different forms, such as smoked or canned, is likely to increase.

Mackerel Market Drivers

Rising Demand for Seafood

The Mackerel Market is experiencing a notable increase in demand for seafood products, driven by a growing consumer preference for healthy protein sources. As more individuals shift towards diets rich in omega-3 fatty acids, mackerel, known for its high nutritional value, becomes increasingly appealing. Recent data indicates that seafood consumption has risen by approximately 10% over the past year, with mackerel being a significant contributor to this trend. This rising demand is further fueled by the expansion of the food service sector, where mackerel is featured prominently in various culinary applications. Consequently, the Mackerel Market is poised for growth as it aligns with the evolving dietary preferences of consumers seeking nutritious and sustainable food options.

Sustainability Practices in Fishing

Sustainability has emerged as a critical driver within the Mackerel Market, as consumers and regulatory bodies alike emphasize the importance of responsible fishing practices. The implementation of sustainable fishing methods not only helps preserve mackerel populations but also enhances the market's appeal to environmentally conscious consumers. Recent initiatives have led to the establishment of fishing quotas and certifications that ensure mackerel is sourced from well-managed fisheries. This focus on sustainability is likely to bolster consumer trust and loyalty, thereby positively impacting sales within the Mackerel Market. As sustainability becomes a cornerstone of seafood sourcing, companies that prioritize eco-friendly practices may gain a competitive edge in this evolving market landscape.

Health Benefits of Omega-3 Fatty Acids

The health benefits associated with omega-3 fatty acids are a significant driver for the Mackerel Market. Mackerel Market is recognized as a rich source of these essential fats, which are linked to numerous health advantages, including improved heart health and cognitive function. As public awareness of these benefits increases, more consumers are incorporating mackerel into their diets as a means of enhancing their overall well-being. Recent surveys indicate that approximately 60% of consumers are actively seeking foods high in omega-3s, which positions mackerel favorably within the health food segment. This growing health consciousness is likely to propel the Mackerel Market forward, as producers respond to consumer demand for nutritious and beneficial food options.

Technological Advancements in Processing

Technological innovations in processing techniques are significantly influencing the Mackerel Market. Advances in freezing, packaging, and preservation methods have enhanced the quality and shelf life of mackerel products, making them more accessible to consumers. For instance, the adoption of vacuum sealing and modified atmosphere packaging has improved product freshness, which is crucial for maintaining the fish's flavor and nutritional value. Furthermore, these technologies facilitate the distribution of mackerel to distant markets, thereby expanding its reach. As processing technology continues to evolve, it is expected that the Mackerel Market will benefit from increased efficiency and reduced waste, ultimately leading to higher profitability for producers and suppliers.

Culinary Trends Favoring Fish Consumption

The Mackerel Market is benefiting from emerging culinary trends that favor fish consumption. As chefs and home cooks alike explore diverse cuisines, mackerel is gaining recognition for its versatility and rich flavor profile. The fish is increasingly featured in various dishes, from traditional recipes to modern fusion cuisine, appealing to a broad audience. Additionally, the rise of cooking shows and social media platforms has further popularized mackerel, inspiring consumers to experiment with new cooking methods. This trend is reflected in market data, which shows a 15% increase in mackerel-related recipes shared online over the past year. As culinary interest in mackerel continues to grow, the Mackerel Market is likely to see sustained demand and innovation in product offerings.

Market Segment Insights

By Form: Fresh (Largest) vs. Canned (Fastest-Growing)

In the Mackerel Market, the form segment exhibits a varied distribution where Fresh mackerel holds the largest market share, appealing to consumers who prioritize quality and taste in seafood. Following Fresh, Canned mackerel has seen an increasing presence, driven by convenience and longer shelf life. Frozen and Smoked forms also contribute to the market, yet they remain less preferred compared to the former categories. These segment values cater to distinct consumer preferences and culinary applications in the market.

Fresh (Dominant) vs. Canned (Emerging)

Fresh mackerel is a dominant segment in the market, known for its rich flavor and nutritional benefits, which lure health-conscious consumers. Its market position is supported by a strong preference for fresh seafood among chefs and home cooks alike. On the other hand, Canned mackerel has emerged as a convenient option, particularly among busy consumers seeking quick meal solutions without compromising on nutrition. Its growing popularity is fueled by increased awareness of the health benefits of omega-3 fatty acids and the expanding consumer base for ready-to-eat products. This segment's ability to blend convenience with health-conscious choices marks its rise in the Mackerel Market.

By Distribution Channel: Hypermarkets/Supermarkets (Largest) vs. Online Retailers (Fastest-Growing)

In the Mackerel Market, Hypermarkets and Supermarkets dominate the distribution channel landscape, capturing a significant share of overall sales due to their extensive reach and ability to provide a wide variety of products. Convenience Stores also play a notable role, serving consumers looking for quick and easy access to Mackerel Market products. Online Retailers, while currently smaller in market share, are gaining traction as consumer preferences shift towards online shopping, making the overall distribution channel landscape increasingly competitive.

Hypermarkets/Supermarkets: Dominant vs. Online Retailers: Emerging

Hypermarkets and Supermarkets have established themselves as the dominant players in the Mackerel Market distribution channels, offering vast selections and ease of access that attract a broad customer base. Their strategic locations and promotional offerings enhance their ability to drive sales and customer loyalty. In contrast, Online Retailers are emerging as vital players, leveraging technological advancements and shifting consumer habits towards e-commerce. This segment is characterized by convenience and the ability to cater to niche preferences through targeted marketing and specialized offerings, which positions them for rapid growth as consumers embrace digital shopping solutions.

By Application: Food and Beverage Industry (Largest) vs. Pet Food Industry (Fastest-Growing)

In the Mackerel Market, the application segment is primarily driven by the Food and Beverage Industry, which constitutes the largest share. This industry benefits from the rich nutritional profile of mackerel, making it a preferred choice for health-conscious consumers. The Retail Sector and Household Consumption also contribute significantly, reflecting a steady demand for seafood products. In contrast, the Pet Food Industry has been gaining traction, capturing a substantial consumer base that focuses on premium and nutritious pet food options. Growth trends in the Mackerel Market indicate an increasing preference for natural and organic food products. The Food and Beverage Industry continues to innovate with mackerel, integrating it into new gourmet offerings. Meanwhile, the Pet Food Industry is evolving, with more brands focusing on high-quality protein sources like mackerel, catering to owners who prioritize their pets' health. These dynamics suggest a robust outlook for mackerel applications across various sectors, driven by changing consumer preferences and a growing awareness of health benefits.

Food and Beverage Industry (Dominant) vs. Retail Sector (Emerging)

The Food and Beverage Industry remains the dominant force in the Mackerel Market, leveraging the fish's high omega-3 content and versatility in various culinary applications. This segment thrives on innovations such as ready-to-eat meals and gourmet products incorporating mackerel. On the other hand, the Retail Sector is emerging as a significant player, with increased availability of mackerel products in supermarkets and specialty stores. This shift stems from growing consumer awareness of seafood’s health benefits, prompting retailers to expand their offerings. The Retail Sector is also adapting to consumer demand for convenient packaging and ready-to-cook options, making mackerel more accessible and appealing to a broader audience, paving the way for future growth.

By Mackerel Market Species: Atlantic Mackerel Market (Largest) vs. Pacific Mackerel Market (Fastest-Growing)

The Mackerel Market exhibits a diverse species landscape, where the Atlantic Mackerel Market leads in market share due to its wide availability and preference among consumers. This species is the most commonly consumed mackerel, resulting in substantial demand across various regions. In contrast, the Pacific Mackerel Market, while commanding a smaller share, has exhibited significant growth due to rising health consciousness and increasing seafood consumption globally. Its versatility in culinary applications is also driving its popularity. Growth trends in the Mackerel Market are being steered by the rising awareness of the health benefits associated with oily fish like mackerel, which is rich in omega-3 fatty acids. The Atlantic Mackerel Market continues to dominate, supported by consumer demand for sustainable sources of protein. Meanwhile, the Pacific Mackerel Market is positioned as an emerging favorite, benefiting from expanding distribution networks and trends favoring sustainable seafood products that comply with environmental standards.

Mackerel Market: Atlantic (Dominant) vs. Pacific (Emerging)

The Atlantic Mackerel Market is characterized by its robust population and prevalence in both wild fisheries and aquaculture. Its adaptability to various climatic conditions contributes to stable supply chains, ensuring consistent availability for markets worldwide. Known for its distinct flavor and nutritional value, it is favored in traditional dishes across Europe and North America. In contrast, the Pacific Mackerel Market, while still gaining traction, is emerging within the market due to its strong environmental credentials and sustainable fishing methods. Its growing popularity is further fueled by innovations in processing and packaging that enhance its appeal to health-oriented consumers. As demand for Pacific Mackerel Market rises, it presents exciting opportunities for new market entrants advocating sustainable seafood.

By Processing Technique: Machine-Filleting (Largest) vs. Value-Added Processing (Fastest-Growing)

The mackerel market exhibits varied processing techniques, with machine-filleting commanding the largest market share due to its efficiency and consistency in producing high-quality fillets. Following closely, hand-filleting maintains a traditional appeal, particularly in artisanal markets, yet it occupies a smaller share. Whole-fish processing represents a reliable segment, catering to consumers seeking convenience, while the value-added processing sector is gaining traction, driven by health trends and demand for innovative fish products. Growth in the mackerel market's processing techniques is propelled by rising consumer preferences for convenience and quality. Machine-filleting is bolstered by technological advancements, enabling faster production lines, which enhance profitability for producers. Furthermore, the expanding value-added processing segment is attracting attention as consumers seek nutritious and diverse mackerel products, benefiting from increased marketing innovations and product variety.

Machine-Filleting (Dominant) vs. Value-Added Processing (Emerging)

Machine-filleting stands as the dominant processing technique in the mackerel market, favored for its ability to deliver large quantities of uniform fillets quickly, essential for meeting growing consumer demand. This technique is backed by modern machinery that reduces labor costs while improving quality control, making it a preferred option among processors. Conversely, value-added processing is emerging as a significant player, focusing on product innovation such as marinated mackerel or ready-to-cook solutions that appeal to health-conscious consumers. This segment is characterized by its adaptability to evolving consumer preferences and its commitment to sustainability, making it a key area for growth in the mackerel industry.

Get more detailed insights about Mackerel Market

Regional Insights

North America : Growing Demand for Seafood

The North American mackerel market is driven by increasing consumer demand for healthy seafood options and sustainable fishing practices. The U.S. holds the largest market share at approximately 60%, followed by Canada at around 25%. Regulatory support for sustainable fisheries and health awareness campaigns are key catalysts for growth in this region. The market is expected to expand as more consumers shift towards protein-rich diets and environmentally friendly sourcing. In North America, the competitive landscape is characterized by major players such as Ocean Beauty Seafoods and Thai Union Group. The presence of these companies enhances market dynamics, with a focus on quality and sustainability. The U.S. market is particularly influenced by consumer preferences for wild-caught mackerel, while Canada emphasizes aquaculture practices. This competitive environment fosters innovation and responsiveness to market trends, ensuring a robust supply chain for mackerel products.

Europe : Sustainable Fishing Initiatives

Europe is witnessing significant growth in the mackerel market, driven by increasing health consciousness and a shift towards sustainable seafood consumption. The largest market in this region is the United Kingdom, holding approximately 40% of the market share, followed by Norway at around 30%. Regulatory frameworks, such as the Common Fisheries Policy, promote sustainable fishing practices, which are crucial for long-term market stability and growth. Leading countries in Europe include the UK, Norway, and Iceland, with key players like Mowi ASA and Maruha Nichiro Corporation dominating the landscape. The competitive environment is marked by a focus on quality and sustainability, with companies investing in eco-friendly practices. The presence of strong regulatory bodies ensures compliance with fishing quotas and environmental standards, further enhancing market credibility and consumer trust.

Asia-Pacific : Emerging Seafood Market

The Asia-Pacific region is emerging as a significant player in the mackerel market, driven by rising disposable incomes and changing dietary preferences. Countries like South Korea and Japan are leading the market, with South Korea holding approximately 35% and Japan at 30%. The increasing popularity of seafood in these countries, coupled with government initiatives to promote aquaculture, is fueling market growth and demand for mackerel products. In this region, key players such as Dongwon Industries and Nissui are at the forefront, focusing on both wild-caught and farmed mackerel. The competitive landscape is characterized by a mix of traditional fishing practices and modern aquaculture techniques. As consumer preferences shift towards healthier food options, the mackerel market is expected to expand, supported by innovations in processing and distribution channels.

Middle East and Africa : Untapped Seafood Potential

The Middle East and Africa region presents untapped potential for the mackerel market, driven by increasing seafood consumption and a growing awareness of health benefits. Countries like South Africa and Egypt are emerging markets, with South Africa holding about 25% of the market share, while Egypt follows closely at 20%. The region's diverse culinary traditions and rising population are contributing to the demand for mackerel and other seafood products. In this region, the competitive landscape is still developing, with local players and some international companies like Sajo Industries entering the market. The focus is on enhancing supply chains and improving product availability. As the region invests in aquaculture and sustainable fishing practices, the mackerel market is poised for growth, catering to both local and export demands.

Mackerel Market Regional Image

Key Players and Competitive Insights

The Mackerel Market is currently characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include increasing consumer demand for healthy protein sources, sustainability initiatives, and advancements in aquaculture technology. Major players such as Thai Union Group (TH), Maruha Nichiro Corporation (JP), and Mowi ASA (NO) are strategically positioned to leverage these trends. Thai Union Group (TH) focuses on innovation in product development and sustainability, aiming to enhance its market share through eco-friendly practices. Meanwhile, Maruha Nichiro Corporation (JP) emphasizes regional expansion and partnerships to strengthen its supply chain, while Mowi ASA (NO) is heavily investing in digital transformation to optimize operations and improve traceability in its supply chain. Collectively, these strategies contribute to a competitive environment that is increasingly shaped by sustainability and technological advancements.

In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The Mackerel Market appears moderately fragmented, with a mix of large corporations and smaller players. The collective influence of key players is significant, as they drive innovation and set industry standards, thereby shaping market dynamics. The focus on sustainability and local sourcing is becoming a common thread among these companies, indicating a shift towards more responsible business practices.

In August 2025, Mowi ASA (NO) announced a partnership with a leading technology firm to develop an AI-driven platform aimed at improving fish health monitoring. This strategic move is likely to enhance operational efficiency and ensure higher quality standards in their mackerel production. By integrating AI into their processes, Mowi ASA positions itself at the forefront of technological innovation in aquaculture, potentially setting new benchmarks for the industry.

In September 2025, Thai Union Group (TH) launched a new line of sustainably sourced mackerel products aimed at health-conscious consumers. This initiative not only aligns with global sustainability trends but also caters to the growing demand for nutritious food options. The introduction of these products may strengthen Thai Union's market position and appeal to environmentally aware consumers, thereby enhancing brand loyalty.

In October 2025, Maruha Nichiro Corporation (JP) completed the acquisition of a regional seafood distributor, which is expected to bolster its supply chain capabilities and expand its market reach. This acquisition reflects a strategic focus on enhancing distribution networks and improving access to key markets. By consolidating its position in the supply chain, Maruha Nichiro may achieve greater operational efficiencies and respond more effectively to market demands.

As of October 2025, current competitive trends in the Mackerel Market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are playing a crucial role in shaping the landscape, as companies collaborate to enhance their capabilities and market presence. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology integration, and supply chain reliability. This shift underscores the importance of adapting to consumer preferences and regulatory demands, ultimately driving the industry towards a more sustainable and technologically advanced future.

Key Companies in the Mackerel Market market include

Industry Developments

The Mackerel Market is projected to grow from USD 14.04 billion in 2024 to USD 20.00 billion by 2032, exhibiting a CAGR of 4.01% during the forecast period. Rising demand for mackerel due to its nutritional value and affordability, coupled with growing awareness about healthy eating habits, is driving market growth. Additionally, increasing consumption of processed mackerel products, such as canned and smoked mackerel, is further contributing to market expansion. The Asia-Pacific region is expected to dominate the market throughout the forecast period due to the high consumption of mackerel in countries like China, Japan, and India.

Key players in the market include Maruha Nichiro Corporation, Thai Union Group PCL, and Pescanova, S.A. Recent industry developments include the launch of new mackerel-based products and strategic partnerships to expand market reach.

Future Outlook

Mackerel Market Future Outlook

The Mackerel Market is projected to grow at a 4.01% CAGR from 2024 to 2035, driven by rising consumer demand, sustainable fishing practices, and technological advancements in processing.

New opportunities lie in:

  • Expansion into plant-based mackerel alternatives for health-conscious consumers.
  • Development of direct-to-consumer online sales platforms for fresh mackerel.
  • Investment in sustainable aquaculture technologies to enhance production efficiency.

By 2035, the Mackerel Market is expected to achieve robust growth, reflecting evolving consumer preferences and sustainable practices.

Market Segmentation

Mackerel Market Form Outlook

  • Fresh
  • Frozen
  • Canned
  • Smoked

Mackerel Market Application Outlook

  • Food and Beverage Industry
  • Retail Sector
  • Household Consumption
  • Pet Food Industry

Mackerel Market Mackerel Species Outlook

  • Atlantic Mackerel
  • Pacific Mackerel
  • Chub Mackerel
  • Indian Mackerel

Mackerel Market Distribution Channel Outlook

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Retailers
  • Specialty Stores

Mackerel Market Processing Technique Outlook

  • Hand-Filleting
  • Machine-Filleting
  • Whole-Fish Processing
  • Value-Added Processing

Report Scope

MARKET SIZE 202415.19(USD Billion)
MARKET SIZE 202515.8(USD Billion)
MARKET SIZE 203523.42(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.01% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesGrowing consumer preference for sustainable seafood enhances opportunities in the Mackerel Market.
Key Market DynamicsRising consumer preference for sustainable seafood drives innovation and competition in the mackerel market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

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What is the current valuation of the Mackerel Market in 2025?

The Mackerel Market is valued at approximately 15.19 USD Billion in 2024, and it is expected to grow significantly in the coming years.

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