Press release
Unveiling the Global Tuna Market Price: Size Estimation, Share Analysis, Insights, Outlook Report 2023-28
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, a popular and commercially valuable fish, belongs to the Thunnini tribe, known for their streamlined bodies and swift swimming abilities. It is found in saltwater and tropical regions and is highly sought after in the culinary world. With its firm, flavorful flesh, tuna is a versatile ingredient for various culinary preparations, including sushi, sashimi, salads, and grilling. Its high protein content, omega-3 fatty acids, and essential vitamins and minerals make it nutritious. Tuna's wide availability, extensive global trade, and strong consumer demand have established it as a prominent player in the seafood market, attracting attention from both domestic and international consumers.
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Global Tuna Market Trends:
The global market is majorly driven by the increasing consumer preference for seafood. In line with this, the rising awareness among consumers regarding the health benefits tuna offers is significantly contributing to the market. Furthermore, the popularity of sushi and sashimi, where tuna is a key ingredient, is rising globally, driving the demand for tuna in the food service sector. Apart from this, the product's versatility in various culinary preparations, such as canned tuna, tuna steaks, and sushi-grade tuna, is catalyzing the market.
Moreover, the growth of tuna aquaculture, facilitated by advancements in technology, improved farming practices, and sustainable production methods, is increasing the availability and accessibility of tuna in the market. Besides, tuna has a well-established global supply chain, enabling the efficient distribution and trade of tuna products across different regions, fueling the market. Additionally, the expanding middle-class population in emerging economies, with rising disposable incomes, is driving the demand for premium seafood, including high-quality tuna, as a desirable culinary choice.
Some of the Top Tuna Key Players Operating in the Market are Given Below:
• Thai Union
• Tri Marine
• Starkist
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/tuna-market
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
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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IMARC Group
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.
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