GCC Tuna Market Research Report 2023, Size, Share, Trends | Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled "GCC Tuna Market Report by Species (Skipjack, Yellowfin, Albacore, Bigeye, Bluefin), Type (Canned, Frozen, Fresh), and Region 2023-2028", The study provides a detailed analysis of the industry, including the GCC tuna market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the GCC tuna market?

The GCC tuna market is projected to exhibit a growth rate (CAGR) of 1.10% during 2023-2028.

What is a tuna?

Tuna, a species of saltwater fish within the Thunnini tribe, is renowned for its streamlined physique and exceptional speed, making it a crucial component of commercial fishing across diverse oceans. With varieties such as skipjack, yellowfin, and albacore, tuna is prized for its firm texture and rich flavor. It is a versatile ingredient in global cuisine, commonly found in sushi, sashimi, salads, and canned forms. However, the popularity of tuna has led to overfishing, raising environmental concerns and prompting efforts toward sustainable fishing practices. These practices aim to balance the demand for tuna with the need to preserve the marine ecosystem, ensuring the long-term viability of this valuable aquatic resource. As consumers increasingly recognize the importance of sustainable seafood choices, the tuna industry is evolving to address environmental challenges and promote responsible harvesting practices. At present, tuna finds extensive applications in diverse culinary creations across the GCC countries, including sushi, sashimi, salads, and canned products, showcasing its versatility in global cuisine.

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What are the growth prospects and trends in the GCC tuna industry?

The GCC Tuna market is primarily driven by the rising product demand due to the region's growing consumer awareness of the health benefits associated with seafood, as tuna is rich in essential nutrients and omega-3 fatty acids. Apart from this, the rapid expansion of the food service industry in the GCC countries, driven by tourism and urbanization, has escalated the use of tuna in various culinary dishes, including sushi and sashimi, thereby fostering market growth. Additionally, the rise of health-conscious consumers has accelerated the adoption of canned tuna as a convenient and protein-rich food option. Besides this, the GCC's strategic location and international trade routes that facilitate the import and distribution of tuna products have catalyzed market growth. Other factors, including rising consumer preference for protein-rich diets and seafood's nutritional benefits, increasing investments in modernizing and expanding the region's fishing and processing infrastructure, and growing popularity of ready-to-eat tuna products, are also anticipated to drive the market further.

What is included in market segmentation?

The report has segmented the market into the following categories:

Species Insights:

Skipjack
Yellowfin
Albacore
Bigeye
Bluefin

Type Insights:

Canned
Frozen
Fresh

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=10531&flag=C

Country Insights:

Saudi Arabia
UAE
Qatar
Bahrain
Kuwait
Oman

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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