Canned Seafood Market Size, Trends, Demand, Industry, Market Forecast 2023-2030

Canned Seafood Market Size

The Canned Seafood Market reached USD 25.3 billion in 2022 and is expected to reach USD 35.9 billion by 2030, growing with a CAGR of 4.5% during the forecast period 2023-2030.

Canned seafood provides ready-to-eat alternatives, making it a practical choice for busy customers. The market for canned seafood is expanding as people seek fast and simple dinner choices.

Consumers are actively seeking responsibly produced seafood items as they become more concerned about overfishing and environmental sustainability. Many canned seafood firms are stressing sustainable fishing techniques in order to attract environmentally aware customers and develop the tinned seafood business.

Market Dynamics

Rising consumer awareness of the health benefits of seafood drives market growth

The demand for canned fish products is increasing as customers grow more health-conscious and seek healthier food choices. Seafood contains critical nutrients that enhance heart health, cognitive function, and general wellness. Consumers are opting for healthier and more natural food alternatives as a result of the worldwide health and wellness movement. Canned fish fits into this trend since it is a low-processed, preservative-free source of protein.

Canning seafood increases its shelf life, enabling customers to stock up on their favourite items. Because canned fish has a longer shelf life, it is a more practical option for homes and encourages repeat purchases, which boosts the market. Manufacturers are constantly inventing and releasing new canned fish items with unique tastes, recipes, and ingredients. This product diversity appeals to a wide range of consumer tastes, broadening the market and drawing a larger client base.

Thai Union's famed canned fish brand, for example, John West, launched a plant-based tuna counterpart to the market on March 2, 2023. This novel product, designed to fulfil the growing demand for plant-based seafood and fish-free alternatives, is now available for purchase in the Netherlands and elsewhere. John West responds to changing customer demands for sustainable and ethical seafood by extending its product offering to include a plant-based alternative.

Market Segmentation

By Type

• Tuna
• Salmon
• Sardines
• Prawns
• Shrimps
• Others

By Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Sales
• Others

Market Key Players

The global canned seafood market players include Ingredion, StarKist Co., Nippon Suisan Kaisha, Ltd, Maruha Nichiro Corporation, Icicle Seafoods Inc., LDH (La Doria) Ltd, Wild Planet Foods, Thai Union Frozen Products, American Tuna, Inc., Universal Canning, Inc., Tri Marine Group, and Trident Seafoods Corporation.

Related Reports

Canned Tuna Market - https://www.datamintelligence.com/research-report/canned-tuna-market
Seafood Broth Market - https://www.datamintelligence.com/research-report/seafood-broth-market
Seafood Market - https://www.datamintelligence.com/research-report/seafood-market
Frozen Seafood Market - https://www.datamintelligence.com/research-report/frozen-seafood-market

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