Indonesian seafood market and import trends of seaweed and fish cake

The processed seafood market is growing rapidly… Positive impact on expanding seafood consumption It is expected to surpass the $10 billion level and reach $10.4 billion in 2028. Seaweed imports grow at an average annual rate of 48%... Korea ranks first in market share Fish cake imports in 2022 amount to $17.46 million... Taiwan's growth is remarkable According to market research company Statista, as of 2022, Indonesia's total seafood market size reached approximately $26.12 billion. This scale has grown at an average annual rate of 6.10% over the past four years (2019-2022), and is expected to show a steady upward trend by maintaining an average annual growth rate of 5.69% for the next six years (2023-2028). Accordingly, it is expected to exceed $30 billion for the first time in 2024 and grow to $36.91 billion in 2028. The Indonesian processed seafood market size is estimated at approximately $5.43 billion in 2019, and has grown at an average annual rate of 7.58% over the past ...