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Global Tuna Fish Market 2023 Business Growth, Future Outlook, Production Analysis And Key Players Analysis Till 2032 | Bolton Group, ITOCHU Corporation, Thai Union Group Inc., Dongwon Enterprises Co. Ltd., FCF Co. Ltd
Tuna Fish Market
The Business Research Company's Tuna Fish Global Market Report 2023 identifies Increasing tuna consumption as the major driver for the Tuna Fish Market's growth in the forecast period. Tuna fish refers to any of seven species of oceanic fishes, some of which are very large, that make up the genus Thunnus and have a high commercial value as food. Tuna is consumed for its nutritional value, convenience, and versatility in cooking. It is a good source of omega-3 fatty acids, protein, and other important nutrients.
The global tuna fish market size is expected to grow from $32.98 billion in 2022 to $34.23 billion in 2023 at a compound annual growth rate (CAGR) of 3.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global Tuna fish market size is expected to reach $38.46 billion in 2027 at a CAGR of 3.0%.
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Major competitors in the Tuna Fish Market are Bolton Group, ITOCHU Corporation, Thai Union Group Inc., Dongwon Enterprises Co. Ltd., FCF Co. Ltd., Crown Prince Inc., Mitsubishi Corporation, American Tuna Company, Alliance Select Foods Inc., Wild Planet Foods Inc., Century Pacific Foods Inc., The Jealsa Rianxeira S. AU. Group, Grupo Albacore S.A., IBL Ltd., Sea Delight, and Tri Marine Group.
A key trend in the Tuna Fish Market includes Product innovation. Major companies operating in the tuna fish market are focusing on developing new tuna fish products for catering to changing consumer needs and health consciousness. For instance, in June 2022, Maldives Industrial Fisheries Company Limited (MIFCO), a Maldives-based dishing industry company launched a new canned tuna product called Drained Tuna Chunks. The decreased oil content of the new product makes it stand out from the company's previous canned tuna offerings. The new tuna cans don't require the oil to be drained, which will lessen many of the hassles people encounter when using canned tuna.
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The Tuna Fish Market is segmented -
By Type: Canned, Fresh, Frozen
By Species: Skipjack, Yellowfin, Albacore, Bigeye, Bluefin, Other Species
By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retails, Other Channels
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Tuna Fish Market.
The Business Research Company's "Global Tuna Fish Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Tuna Fish Market Include:
1. Executive Summary
2. Tuna Fish Market Characteristics
3. Tuna Fish Market Trends And Strategies
4. Tuna Fish Market - Macro Economic Scenario
5. Tuna Fish Market Size And Growth
……
26. Africa Tuna Fish Market
27. Tuna Fish Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tuna Fish Market
29. Tuna Fish Market Future Outlook and Potential Analysis
30. Appendix
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