Press release
Canned Seafood Market Projected to Reach USD 42.02 Billion by 2030, Growing at a 3.8% CAGR
Canned Seafood Market
The canned seafood market has experienced notable growth in recent years, driven by increasing consumer demand for convenient, nutritious, and shelf-stable food options. Canned seafood offers a practical solution for busy lifestyles, providing a rich source of protein, omega-3 fatty acids, and essential vitamins and minerals. Advances in canning technology have also enhanced the quality and taste of canned seafood, making it a more appealing choice for health-conscious consumers. Additionally, the market has benefited from expanding distribution channels, including online platforms, which have made it easier for consumers to access a variety of canned seafood products from different regions.
Moreover, sustainability and traceability have become significant trends within the canned seafood market. Consumers are increasingly concerned about the environmental impact of their food choices, leading to a higher demand for sustainably sourced seafood. Companies are responding by adopting eco-friendly practices and obtaining certifications from recognized bodies such as the Marine Stewardship Council (MSC). This shift towards sustainable practices not only helps preserve marine ecosystems but also builds consumer trust and loyalty. Furthermore, the growing popularity of premium and gourmet canned seafood products, such as specialty tuna and smoked salmon, reflects a trend towards more diverse and high-quality offerings in the market.
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Canned Seafood Market Report Scope and Research Methodology
The scope of the canned seafood market report encompasses a comprehensive analysis of the current market trends, growth drivers, challenges, and opportunities across various segments. This report covers a detailed examination of product types, including tuna, salmon, sardines, and other seafood varieties, as well as different distribution channels such as supermarkets, specialty stores, and online retailers. Geographic analysis is also a crucial component, providing insights into market dynamics across key regions including North America, Europe, Asia-Pacific, and other emerging markets. The report aims to offer a holistic view of the market, enabling stakeholders to make informed decisions based on robust data and trend analysis.
The research methodology employed in the canned seafood market report involves a combination of primary and secondary research techniques. Primary research includes conducting interviews and surveys with industry experts, key opinion leaders, and major market players to gather firsthand information and validate findings. Secondary research involves a thorough review of existing literature, including industry reports, company annual reports, and academic publications, to compile and analyze relevant data. This mixed-method approach ensures the accuracy and reliability of the market insights, providing a well-rounded perspective on the competitive landscape, market size, growth projections, and emerging trends.
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Canned Seafood Market Regional Insights
The canned seafood market exhibits significant regional variations driven by cultural preferences, economic conditions, and access to marine resources. In North America, the market is well-established, with a strong preference for canned tuna and salmon. The region benefits from robust distribution networks and a high level of consumer awareness regarding the health benefits of seafood. Additionally, the rising trend of convenience foods and the increasing popularity of sustainable and organic products are further propelling market growth in this region.
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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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Canned Seafood Market Key Players
North America
1. Bumble Bee Seafoods (U.S)
2. StarKist Co. (U.S)
3. Tradient Seafoods (U.S)
4. American Tuna, Inc. (U.S)
5. Wild Planet Foods (U.S)
6. The Fish & Meat Co.(U.S)
7. Capital Fish Company (U.S)
8. Icicle Seafoods Inc (U.S)
9. Universal Canning Inc (U.S)
10. Tri Marine Group (U.S)
11. Trident Seafoods Corporation (U.S)
12. Brunswick Seafood (Canada)
13. The Calvo Group (Guam)
14. Royal Greenlands (Greenland)
15. Scout Canning (US)
Europe
1. Connors Bros Ltd. (U.K)
2. LDH (La Doria) Ltd (Italy)
3. Nueva Pescanova (Spain)
4. Marine Harvest (Norway)
Asia Pacific
1. Dongwon Industries (South Korea)
2. Sajo Industries (South Korea)
3. Simon Peter Fish & Meat Company (India)
4. SANTHI Fisheries (India)
5. Metarch Exports (India)
6. Nippon Suisan Kaisha Ltd.(Japan)
7. Maruha Nichiro Corporation (Japan)
8. Thai Union Group (Thailand)
South America
1. AquaChile (Chile)
Key questions answered in the Canned Seafood Market are:
• What is Canned Seafood?
• What was the Canned Seafood market size in 2023?
• What is the growth rate of the Canned Seafood Market?
• Who are the key players in the Canned Seafood market?
• Who are the leading companies and what are their portfolios in Canned Seafood Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Canned Seafood Market?
• Which are the factors expected to drive the Canned Seafood market growth?
• What are the different segments of the Canned Seafood Market?
• What growth strategies are the players considering to increase their presence in Canned Seafood?
• What are the upcoming industry applications and trends for the Canned Seafood Market?
• What segments are covered in the Canned Seafood Market?
• What segments are covered in the Canned Seafood Market?
• What are the key opportunities in the market?
• What factors restrain the market growth?
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2023-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o 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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