The global surimi market landscape in 2025
In 2025, the global fish cake and surimi market entered a clear recovery cycle following a period of tightened consumer spending. The main drivers came from the rising demand for convenient, affordable foods, particularly in Asia and through modern retail channels in the US and the EU.
Surimi benefits from being a reasonably priced protein source that is easy to process and suitable for ready-to-eat and convenience products. In the US, “imitation crab sticks” continued to gain strong traction in retail and online channels thanks to their competitive pricing and convenience.
In the EU, demand recovered with a preference for smaller-packaged, convenience-oriented products that help optimize household spending. Some market forecasts also indicate that the EU consumes a significant volume of surimi raw materials.
Vietnam accelerates exports, with strong growth in the EU
Thanks to these trends and the efforts of enterprises, 2025 was a positive year for Vietnam’s fish cake and surimi industry, with continuous growth recorded from the beginning of the year, although the growth rate showed signs of slowing toward year-end.
South Korea, Thailand, China, the EU and Japan were the five largest importers of Vietnam’s fish cake and surimi in 2025, accounting for over 81% of total export value. Among them, the EU stood out as the most notable market, with “late but rapid growth” accelerating strongly toward the end of the year.
Exports to the EU reached over USD 35 million, up 99% compared with 2024. Growth gained momentum in the final months of the year, at times reaching triple-digit rates. This performance is particularly significant as the EU imposes strict requirements on standards, documentation and traceability; meeting these requirements helps Vietnamese exporters raise overall quality benchmarks and expand into other demanding markets.
Alongside the EU, exports to the other four top markets also increased compared with 2024. Exports to China grew steadily throughout the year, reaching over USD 54 million, up 41%.
Meanwhile, South Korea remained the largest importer of Vietnam’s fish cake and surimi. However, exports to this market were relatively unstable, with declines recorded in several months. Total export value reached nearly USD 83 million, up only 5%.
Outlook for 2026
The global fish cake and surimi market is expected to continue growing in 2026, with demand remaining strong, especially in the convenience food segment. However, importers are likely to prioritize suppliers that ensure consistent quality, on-time delivery and complete, compliant documentation. The industry will continue to face cost pressures, while quota and seasonal factors may keep raw material prices high, particularly for whitefish surimi.
Demand for value-added products is expected to grow faster than for raw materials, especially items such as imitation crab sticks and seasoned fish cakes.
Market requirements related to labeling, additives, allergen information, traceability, factory standards and supply chain responsibility will become increasingly stringent, serving as decisive factors in securing orders in major markets such as the EU and the US.
Against this backdrop, Vietnam’s fish cake and surimi exports are projected to maintain their growth momentum in 2026.
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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