Tuna Market Size 2023: Hits US$ 50.2 Billion by 2028, At CAGR of 2.84%

The latest report by IMARC Group, titled "Tuna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the global tuna market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global tuna market size reached US$ 42.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 50.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.84% during 2023-2028.

Tuna is a saltwater fish found primarily in the subtropical and temperate waters of the black and mediterranean seas, and atlantic ocean. It is a member of the mackerel fish family that is a rich source of nutrients, including iron, niacin, potassium proteins, choline, magnesium, fatty acids, omega 3, and A, B6, and B12. Its consumption aids in providing strength, lowering blood pressure, enhancing the immune system and muscles, preventing carcinogenicity, and reducing weight. It is widely consumed in several forms, such as fresh-cooked, frozen, canned, and sushi.

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Global Tuna Market Trends:

The market is primarily driven by the rising consumption of tuna among the masses. This can be attributed to the increasing demand for protein-rich food items due to the changing dietary patterns of individuals. Moreover, continual developments in organized distribution channels, the emerging e-commerce sectors, and the advent of home delivery models are creating a positive market outlook. With the advent of frozen and canned tuna variants in the market, there has been a considerable rise in product demand across the globe. Other factors , including the proliferation of food joints and quick services restaurants (QSRs) and numerous initiatives undertaken by the governments to provide financial assistance to fish farming, are also influencing the market.

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Competitive Landscape with Key Players:

The competitive landscape of the market has been examined, along with the detailed profiles of the key players operating in the industry.

Some of these key players include:

• Thai Union
• Tri Marine
• Starkist

Key Market Segmentation:

Breakup by Type:

• Canned
• Frozen
• Fresh

Breakup by Species:

• Skipjack
• Yellowfin
• Albacore
• Bigeye
• Bluefin

Production Breakup by Region:

• Japan
• Indonesia
• Philippines
• Taiwan P.C.
• Republic of Korea
• Spain
• Others

Consumption Breakup by Region:

• Japan
• USA
• Republic of Korea
• China
• Taiwan P.C.
• European Union
• Others

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Tuna Market Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Tuna Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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