South Korea Tuna Market 2024: A Valuation of USD 1,153.85 Million Predicted by 2033 | IMARC Group

IMARC Group has recently released a new research study titled "South Korea Tuna Market Size, Share, Trends and Forecast by Species, Type, and Region, 2025-2033", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Tuna Market Overview

The South Korea tuna market size reached USD 865.25 Million in 2024. Looking forward, the market is expected to reach USD 1,153.85 Million by 2033, exhibiting a growth rate (CAGR) of 3.25% during 2025-2033.

Market Size and Growth

Base Year: 2024

Forecast Years: 2025-2033

Historical Years: 2019-2024

Market Size in 2024: USD 865.25 Million

Market Forecast in 2033: USD 1,153.85 Million

Market Growth Rate (2025-2033): 3.25%

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Key Market Highlights:

✔️ Strong growth driven by increasing health awareness and demand for protein-rich diets

✔️ Rising popularity of canned and ready-to-eat tuna products among busy consumers

✔️ Growing emphasis on sustainable fishing practices and traceability in tuna sourcing

South Korea Tuna Market Trends and Drivers:

The South Korea tuna market is undergoing significant changes, influenced by shifting consumer preferences, sustainability concerns, and evolving trade dynamics. As we approach 2025, these factors are poised to have a considerable impact on the South Korea tuna market size, share, and growth. Understanding these trends is essential for stakeholders looking to navigate this competitive environment effectively.

Market Size and Consumer Trends

The South Korea tuna market size has been steadily increasing, reflecting the growing popularity of tuna as a primary protein source among consumers. With heightened awareness of the health benefits associated with seafood consumption, particularly the presence of omega-3 fatty acids, more South Koreans are including tuna in their diets. This trend is further accelerated by the rise of convenient meal options, such as canned and pre-packaged tuna products, which cater to the busy lifestyles of modern consumers. As demand continues to escalate, the market size is expected to expand, driven by both domestic production and imports to satisfy the needs of the population.

Shifts in Market Share Dynamics

In terms of market share, the South Korea tuna market is witnessing a notable shift towards premium and sustainable products. As consumers become increasingly aware of environmental issues, there is a growing preference for tuna sourced from sustainable fisheries. This shift is evident in the rising market share of brands that prioritize eco-friendly practices and responsible sourcing. By 2025, sustainably sourced tuna is expected to capture a larger portion of the market share, as both consumers and retailers emphasize products that align with their values. This trend is encouraging traditional players to adapt their sourcing strategies to remain competitive.

Growth Outlook and Innovations

Looking forward, the South Korea tuna market growth is projected to be robust, driven by innovation and diversification in product offerings. The introduction of value-added products, such as marinated and ready-to-eat tuna meals, is anticipated to attract a wider consumer base and enhance market appeal. Additionally, the expansion of online retail channels is facilitating greater accessibility to a variety of tuna products, further stimulating market growth. By 2025, the South Korea tuna market growth is likely to reflect these trends, focusing on meeting evolving consumer demands and preferences.

In summary, the tuna market in South Korea is on the verge of significant transformation. The market size is expanding as consumer interest in tuna rises, while market share dynamics shift towards sustainable options. With promising growth projections, stakeholders in the South Korea tuna market must remain proactive and responsive to these trends, ensuring their strategies align with the changing landscape of consumer preferences and sustainability.

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South Korea Tuna Market Segmentation:

The market report segments the market based on product type, distribution channel, and region:

Species Insights:

• Skipjack
• Yellowfin
• Albacore
• Bigeye
• Bluefin

Type Insights:

• Canned
• Frozen
• Fresh

Regional Insights:

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others

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Competitive Landscape:

The market research report offers an in-depth analysis of the competitive landscape, covering market structure, key player positioning, top winning strategies, a competitive dashboard, and a company evaluation quadrant. Additionally, detailed profiles of all major companies are included.

Key Highlights of the Report

1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter's Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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This release was published on openPR.