The Growing Demand For Seafood Fuels The Expansion Of The Frozen Tuna Market: A Key Driver Powering Frozen Tuna Market Growth In 2025

The Frozen Tuna Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Frozen Tuna Market Size and Its Estimated Growth Rate?
The frozen tuna market size has grown rapidly in recent years. It will grow from $8.22 billion in 2024 to $9.1 billion in 2025 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to growing demand for seafood, rising demand for seafood, consuming plant-based protein sources, increasing awareness about the health benefits, and growth in sushi and sashimi consumption.

The frozen tuna market is projected to grow to $13.47 billion by 2029 at a CAGR of 10.3%. The growth is driven by increasing demand for protein-rich foods, frozen tuna, value-added seafood, sustainably sourced foods, and the rise of modern retail and online food delivery services. Key trends include technological innovations, advancements in cold chain logistics, flash-freezing technology, sustainable packaging solutions, and improved thawing techniques.

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How Are Emerging Segments Shaping the Frozen Tuna Market Landscape?
The frozen tuna market covered in this report is segmented -

1) By Type: Frozen Albacore, Frozen Big Eye Ahi, Frozen Bluefin Tuna, Frozen Skipjack, Frozen Yellowfin Tuna
2) By Distributed Channel: Online, Offline
3) By Application: Supermarkets And Hypermarkets, Convenience Stores, Specialty Stores, Online Retail

Subsegments:
1) By Frozen Albacore: Wild-Caught Frozen Albacore, Farmed Frozen Albacore
2) By Frozen Big Eye Ahi: Wild-Caught Frozen Big Eye Ahi, Frozen Big Eye Ahi Steaks
3) By Frozen Bluefin Tuna: Wild-Caught Frozen Bluefin Tuna, Frozen Bluefin Tuna Steaks, Frozen Bluefin Tuna Belly
4) By Frozen Skipjack: Wild-Caught Frozen Skipjack, Frozen Skipjack Loins
5) By Frozen Yellowfin Tuna: Wild-Caught Frozen Yellowfin Tuna, Frozen Yellowfin Tuna Steaks, Frozen Yellowfin Tuna Saku

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Which Growth Factors Are Influencing Frozen Tuna Market Expansion?
The increasing demand for seafood is expected to drive the growth of the frozen tuna market. Seafood includes various aquatic animals and plants, such as fish, shellfish, and mollusks, which are vital protein and nutrient sources for many populations. The demand for seafood is increasing due to its health benefits, the growth of aquaculture, changing dietary habits, improved logistics, and sustainability concerns regarding land-based protein sources. Frozen tuna plays an essential role in meeting the growing demand for seafood, offering a high-quality, versatile product that can be consumed in multiple forms and cuisines worldwide. For example, in September 2023, Statistics Canada reported a rise in sales of farmed shellfish in the country, increasing by 11.8% to $125 million in 2022. As a result, the growing demand for seafood is driving the frozen tuna market.

Who Are the Dominant Players Across Different Frozen Tuna Market Segments?
Major companies operating in the frozen tuna market are ITOCHU Corporation, Sojitz Corporation, Dongwon Group, Nissui Corporation, Mowi ASA, Thai Union Group PCL, Bolton Group, SalMar ASA, IBL Ltd., High Liner Foods Inc., Century Pacific Food Inc., The Jealsa Rianxeira S.A.U., Bumble Bee Foods LLC, Tassal Group, Chicken of the sea, Shanghai Kaichuang Marine International, Zhejiang Ocean Family Co. Ltd., Grupo Calvo, FCF Co. Ltd., Sea Delight LLC, Pescanova SA, Stehr Group, Golden Prize Canning Co. Ltd.

What Trends Are Driving Growth in The Frozen Tuna Market?
Leading entities in the frozen tuna market are prioritizing the creation of innovative offerings such as ultra-low temperature (ULT) frozen fish to amplify the quality, longevity, and eco-friendliness of their merchandise. ULT frozen fish is essentially a fish that has been frozen at extraordinarily low temperatures, enabling the preservation of its quality and freshness over a long time. ULT freezing normally engages temperatures significantly lower than traditional freezing procedures, often hitting a low of -60 degrees Celsius (-76 degrees Fahrenheit) or even more. For example, in April 2023, Big Fish Maldives, a seafood processing firm from Maldives, introduced its ULT frozen tuna products to the market. The product stays fresh for a prolonged period due to its fast freezing capability at temperatures reaching minus 60 degrees Celsius. This extreme freezing technique makes it possible to vend premium fish in international markets at rates around 150% greater than that of fish previously frozen at 20 degrees Celsius. ULT frozen tuna is notably popular in sashimi and upscale sushi due to its retention of its original ruby-red hue, abundant fatty content, and superb culinary quality.

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Which Geographic Regions Are Expected to Dominate the Frozen Tuna Market in the Coming Years?
Asia-Pacific was the largest region in the frozen tuna market in 2023. The regions covered in the frozen tuna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Frozen Tuna Market?
2. What is the CAGR expected in the Frozen Tuna Market?
3. What Are the Key Innovations Transforming the Frozen Tuna Industry?
4. Which Region Is Leading the Frozen Tuna Market?

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