Press release
Canned Seafood Market is expected to reach US$ 40.48 Bn by 2029
Canned Seafood Market
The Canned Seafood Market Report offers a comprehensive analysis of the global canned seafood market, providing a detailed exploration of key trends, drivers, challenges, and opportunities within the industry. The scope of the report encompasses an in-depth examination of various aspects, including market size, growth potential, and the competitive landscape of the canned seafood market. It delves into dynamic factors such as consumer preferences, sustainability considerations, and the impact of regulatory frameworks on market dynamics. The research methodology employed in this report follows a meticulous approach, combining primary research through interviews with industry experts, seafood processors, and distributors, along with secondary research involving a thorough analysis of market reports, trade publications, and relevant data sources. This dual-method approach ensures the reliability and accuracy of the findings, providing stakeholders with valuable insights for strategic decision-making in the canned seafood market.
In the world of Millennials, people are becoming more health-conscious but due to busy work life, they can't have healthy and nutritious food. To address this problem canned food came into the market. Due to its high nutritious properties, Canned Seafood is highly consumed by the customers. Canned Seafood is rich in essential fatty acids, proteins, minerals, and vitamins and contains low bad cholesterol. Fresh seafood is packed in an air-tight container and using the canning process sterilization can be done. The canning process prevents microbial contamination and also extends the shelf life of the product. Ready-to-eat food has surged the growth of the canned seafood market. Among consumers, Tuna and bluefish are highly preferred for a balanced diet.
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What are Canned Seafood Market Dynamics?
The Canned Seafood Market is experiencing a surge in growth, driven by the rising awareness of the health benefits associated with canned seafood products. The inclusion of essential fatty acids like Omega-3 in canned seafood not only contributes to improved health but also reduces the risk of heart disease and breast cancer while promoting mental well-being.
This heightened awareness of the health advantages is a significant factor propelling the growth rate of the canned seafood market. Additionally, the market is further boosted by the increasing demand for exotic marine food items, aligning with consumer preferences for diverse and unique culinary experiences. The strategic alignment of providing healthy and flavorful canned seafood items with consumer preferences is expected to contribute to a sustained increase in demand for canned seafood products throughout the forecast period, solidifying the market's growth trajectory.
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What is Canned Seafood Market Regional Insight?
The Asia Pacific region dominated the market with a more than 35% share in 2022. In addition, the high demand for seafood and ready-to-eat products in the region is expected to drive the growth of the canned seafood market over the forecasted period. Also, the presence of the major key players makes the Asia Pacific region dominated the market. North America and Europe are expected to witness a high growth rate in the canned seafood market owing to the increasing popularity of protein-rich diets in the region.
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What is Canned Seafood Market Segmentation?
by Product Type
Tuna
Salmon
Sardines
Prawns
Shrimp
other seafood
by Distribution channel
Supermarkets & Hypermarkets
Convenience Stores
Online Stores
Others
by End User
Households
Commercial
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Who are Canned Seafood Market Key Players?
North America
Bumble Bee Seafoods (U.S)
StarKist Co. (U.S)
Tradient Seafoods (U.S)
American Tuna, Inc. (U.S)
Wild Planet Foods (U.S)
The Fish & Meat Co.(U.S)
Capital Fish Company (U.S)
Icicle Seafoods Inc (U.S)
Universal Canning Inc (U.S)
Tri Marine Group (U.S)
Trident Seafoods Corporation (U.S)
Brunswick Seafood (Canada)
The Calvo Group (Guam)
Royal Greenlands (Greenland)
Europe
Connors Bros Ltd. (U.K)
LDH (La Doria) Ltd (Italy)
Nueva Pescanova (Spain)
Marine Harvest (Norway)
Table of content for the Canned Seafood Market includes:
1. Global Canned Seafood : Research Methodology
1. Global Canned Seafood : Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Canned Seafood : Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Canned Seafood Market Size, Share, Size & Forecast by different segment |
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Canned Seafood Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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