Global Canned Tuna Market to Reach USD 11.89 Billion by 2028

Tuna that has been prepared, heated, and sealed in an airtight container that contains a sealed tin can. Food can be preserved through canning, which typically has a shelf life of one to five years. Tuna is canned in a variety of sauces, edible vegetable oils, water, and brine. Protein, fat, vitamin B, calcium, and vitamin D are all abundant in tuna. The neural system, skin, muscle, bone, brain, and immune system are all benefited by tuna. As seafood is a great source of essential proteins, vitamins, and minerals, consumer tastes for it in various cuisines are projected to change. Additionally, tuna has a distinct flavor that sets it apart from other fish, which is why it is in such high demand globally. Fish consumption has grown significantly over the past few years all over the world due to its great taste, nutritional value, and reduced carbon footprint than other meat and beef products. On the other hand, one of the top five seafood dishes in the world is tuna.

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In terms of volume, Skipjack canned tuna accounted for more than 55.0 percent of all sales in 2020. This species has a robust and nutrient-rich seafood experience and is easily accessible in the market. The majority of the skipjack tuna caught, or about 58.0 percent of the entire catch, is canned, according to data from Fish20.org. The Center for the Promotion of Imports' figures show that skipjack species make up 75.0% of the canned tuna imported into Europe.

In terms of revenue, Yellowfin is expected to experience the fastest CAGR of 5.0 percent between 2021 and 2027. Because of its outstanding texture and rich flavor, this kind of tuna is becoming more and more popular with consumers. Due to the extensive availability of a variety of products under one roof, supermarkets and hypermarkets are the preferred channel for consumers to buy both essential and non-essential goods. Customers' shopping experiences are improved by the existence of product-specific aisles and the different bundling options provided by mass merchandisers. Additionally, because different tuna items are offered in a variety of brands and pricing points, it makes shopping easier. Rapid urbanization and changing lifestyles have resulted in the establishment of numerous new mass merchandisers, which have caught the attention of customers. The market has benefited from the introduction of baked goods free of allergens and gluten. To give consumers a convenient and economical shopping experience, marketers are concentrating on growing the modern commerce and retailing industries. Due to consumer exposure to a variety of online product purchasing platforms, the online retail industry is likewise growing in popularity. Online retail offers a wide selection of goods from many different brands at lower prices, as well as the convenience of doorstep delivery alternatives.

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Tuna consumption has increased as a result of people incorporating more high-nutrition foods into their diets on a daily basis to promote healthy functioning. Due to its high protein content and practical use, consumers are drawn to eating tuna. Healthy fatty acids found in tuna are essential for growth and development and are frequently suggested to expectant and nursing mothers as a way to meet their nutritional needs. Tuna is widely available and is consumed more frequently, which presents the market with several prospects for expansion.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

What does this Report Deliver?
Market Estimation for 20+ Countries
Canned Tuna Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional and Country specific Canned Tuna Market Trends
Comprehensive Mapping of Canned Tuna Industry Parameters
Attractive Investment Proposition in the Global Canned Tuna Industry
Competitive Strategies Adopted by Canned Tuna Market Key Players
Drivers, Restraints, Opportunities, Challenges and the impact on the Canned Tuna Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Canned Tuna market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Canned Tuna Market Sales
Parent market analysis
Product portfolio benchmarking

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SkyQuest has segmented the Global Canned Tuna Market based on Product, Distribution Channel, and Region:
Global Canned Tuna Market by Product (Revenue, USD Billion, 2021 - 2028)
Skipjack
Yellowfin
Global Canned Tuna Market by Distribution Channel (Revenue, USD Billion, 2021 - 2028)
Hypermarket & Supermarket
Specialty Stores
Online
Global Canned Tuna Market by Region (Revenue, USD Billion, 2021 - 2028)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA

Key Players in the Global Canned Tuna Market
Thai Union Group PCL (Thailand)
StarKist Co. (US)
A.E.C. Canning Company Limited (Thailand)
American Tuna Inc. (US)
Bumble Bee Foods LLC (US)
Century Pacific Food Inc. (Philippines)
Crown Prince Inc. (US)
Grupo Albacora SA (Spain)
Wild Planet Foods Inc. (US)
Golden Prize Canning Co. Ltd. (Thailand)
Ocean's (Canada)
Dongwon Enterprise Co., Ltd. (South Korea)

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This release was published on openPR.