Press release
Canned Seafood Market Size, Share, Future Growth, 2032
Canned Seafood Market
The global canned seafood market size was USD 48.94 billion in 2022. The market is set to rise from USD 51.67 billion in 2023 to USD 76.69 billion by 2030 at a CAGR of 5.80% during 2023-2030.
Increasing consumer preference for clean-label products due to growing awareness about climate change and sustainability is expected to boost market growth in the coming years. Increasing focus on manufacturing clean-label products and introducing sustainable canned seafood by key players to fuel market growth.
Fortune Business Insights presents this information in their report titled "Canned Seafood Market, 2023-2030."
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ : https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/canned-seafood-market-103806
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ
โข Nippon Suisan Kaisha, Ltd (Japan)
โข LDH (La Doria) Ltd (U.K.)
โข American Tuna, Inc. (U.S.)
โข Universal Canning, Inc. (Philippines)
โข Connors Bros. Ltd. (Brunswick Seafoods) (Canada)
โข Nueva Pescanova (Spain)
โข Marine Harvest ASA (Norway)
โข Thai Union Frozen Products (Thailand)
โข Royal Greenland (Greenland)
โข StarKist Co. (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ฎ๐ง๐ ๐ ๐ข๐ฌ๐ก ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง ๐๐ฎ๐ ๐ญ๐จ ๐๐ญ๐ฌ ๐๐ข๐ ๐ก๐๐ซ ๐๐ฏ๐๐ข๐ฅ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐ญ๐จ ๐ ๐ฎ๐๐ฅ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
By species, the market is classified into tuna, salmon, sardines, mackerel, and others. The tuna segment accounts for the highest canned seafood market share. The segment growth is driven by increasing tuna fish consumption due to the species' higher availability in more than 70 countries.
๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐๐๐๐ฌ๐ฌ๐ข๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐จ๐ ๐๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐ญ๐จ ๐ ๐จ๐ฌ๐ญ๐๐ซ ๐๐๐ญ๐๐ข๐ฅ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Based on distribution channel, the market is segregated into HoReCa and retail. The retail segment is further sub-segmented into supermarkets/hypermarkets, specialty stores, convenience stores, and online retail. The supermarkets/hypermarkets segment has the highest share in the market owing to the increased accessibility of various products. And the online retail segment is set to witness the highest CAGR due to the rapid expansion in technology.
From the regional ground, the market is segmented into North America, South America, Europe, the Middle East & Africa, and Asia Pacific.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.fortunebusinessinsights.com/enquiry/multi-report-purchase/canned-seafood-market-103806
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
The market research report presents a comprehensive market examination, emphasizing crucial elements, including the competitive environment and prominent product categories. Furthermore, the report provides valuable observations on market trends and significant industry advancements. Apart from the factors above, the report encompasses several factors that have bolstered market expansion in recent times.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐ฎ๐ซ๐ ๐ข๐ง๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐ช๐ฎ๐๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ญ๐จ ๐๐๐๐๐ฅ๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Growing consumer awareness about healthy lifestyles has boosted the demand for seafood. It has pushed top seafood and canned seafood producers to increase production capacities. On the other hand, the climate change and fishing quotas set by governments to reduce the negative effects of overfishing hinder manufacturers from increasing the catch rate. Surging investments in aquaculture production advancements by leading companies are expected to boost market growth in the coming years. Rapid innovation in the aquaculture industry is propelling market expansion.
Nevertheless, limited supply of raw materials due to overfishing is hampering the market expansion.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐ฉ๐๐ซ ๐๐๐ฉ๐ข๐ญ๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐
The market in Asia Pacific was valued at USD 27.54 billion in 2022. An increase in per capita consumption in China, India, and other countries is driving market growth in the region. The growth is attributed to the seafood being considered as one of the staple foods in the countries.
The significant market growth in Europe is driven by the increased seafood consumption rate in France, Italy, Spain, the U.K., and other countries. Growing consumer preference for cooking food is driving market growth in the region.
๐๐ฌ๐ค ๐ ๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/canned-seafood-market-103806
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ฆ๐ฉ๐ก๐๐ฌ๐ข๐ณ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐๐๐ข๐ง๐ญ๐๐ข๐ง ๐๐ก๐๐ข๐ซ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ ๐
Top market participants are concentrating on the sustainable development of their organizations and collaborations to boost their production and fulfill the demand and supply gap. In May 2019, Nippon Suisan Kaisha Ltd. declared its new value optimization manufacturing plan to increase production.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ ๐๐๐๐:A Canada-based seafood manufacturing business, Ocean Brands, declared the launch of Ocean's line of wild-caught canned seafood in the U.S. due to the increasing need for sustainable seafood in the country.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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