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Canned Tuna Market Size to Touch US$ 10.04 by 2030

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The canned tuna market size is projected to reach over US$ 10.04 billion by the end of the year 2030 from US$ 7.9 billion in 2020 at a steady CAGR of 2.4% from 2021 to 2030, according to Precedence Research.

The canned tuna market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2030.

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This research report evaluates the canned tuna market on a global and regional level. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global canned tuna market for the period from 2017 to 2030.

Growth Factors

Changing lifestyle patters across the globe which is leading to the nutritious convenience food is major factor driving growth of the canned tuna market. Additionally, working women population is increasing day by day which can have positive impact on the growth of the key market in the near future. Tuna is the rich source of protein and also it is testiest seafood among other which is aging creating huge opportunities for the major market players and boosting growth of the global market. Moreover, increasing consumption of tune owing to its high protein content in the developed countries is another factor to boost growth of the target industry in the near future. Key market players are offering flavored tuna in order to enhance their portfolio which can create lucrative opportunities in the global industry.

Market Report Scope

Report Highlights Details
Market Size US$ 10.04 Billion by 2030
Growth Rate CAGR of 2.4% from 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Sales Channel, End use, Tuna Species, Type
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

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This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global canned tuna market for the forecast period of 2021–2030. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.

The report analyzes the historical and present-day scenario of the global canned tuna market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.

Key Highlights

  • Based on product type the global market is categorized as flavored and unflavored among which the flavored segment will register maximum share in the near future. Flavored canned tuna product type is anticipated to register highest growth rate as well as market share over the forecast period of time. The growth is attributed to its growing consumption especially in the emerging economies across the globe. Sideways the unflavored product type segment will be growing at moderate pace and will fuel growth of the canned tune industry in the near future.
  • Among thetuna species segment skip jack estimated as a dominant segment, along with maximum share in year 2020. The growth is attributed to its rising popularity in the leading countries and developing areas. Along with this the yellowfin segment is anticipated to grow at the noteworthy growth rate and will augment the market revenue.
  • F.C.F. Fishery Co., Ltd (Bumble Bee Foods, LLC) accounted for a significant share of the global canned tuna market.
  • The research report deals with the industry prospects of canned tuna products around regions including Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa.
  • North America will dominate the global industry due to augmented intake of the canned tuna in various end use applications, coupled with growing working women population in the countries of the North America especially in the United States and Canada.
  • Asia Pacific is likely to list the noteworthy CAGR, on account of growing in the demand for the canned tuna in emerging economies. Likewise, utmost of the companies functioning in the market are advancing heavily in order to get the modest edge in the canned tuna market in Asia Pacific.
  • The market in the Europe is expected to hold significant market share and the growth is attributed to the increased demand for the convenience food owing to busy lifestyle especially in the France, Russia, and U.K. of the region.

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Competition Landscape

In the final section of the research report, Precedence Research provided the global canned tuna market structure and a detailed competition landscape to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the canned tuna market include:

  • Thai Union Group PCL
  • Frinsa del Noroeste SA
  • Jealsa Rianxeira SA
  • Centuary Pacific Food, Inc.
  • Golden Prize Canning Co. Ltd.
  • Albacora S.A.
  • American Tuna, Inc.
  • Wild Planet Foods, Inc.
  • Ocean Brands GP (The Jim Pattison Group)
  • C.F. Fishery Co., Ltd (Bumble Bee Foods, LLC)

Market Segmentation

By Product Type

  • Flavoured
  • Unflavoured

By End use

  • B2C
  • B2B

By Sales Channel

  • Direct
  • Indirect

By Tuna Species

  • Albacore
  • Skip Jack
  • Yellowfin
  • Others

By Type

  • Ready-To-Eat
  • Ready-To-Cook

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Most Asked Questions –

What was the market size value of the canned tuna in 2020?

What is the expected market size by 2030?

What is the canned tuna market growth?

What are the key factors that positively influence market growth?

Who are the prominent players in the canned tuna market?

Why Buy this Report?

The purpose of Precedence Research’s canned tuna market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Canned Tuna Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Canned Tuna Market

5.1. Covid-19: Canned Tuna Industry Impact
5.2. Canned Tuna Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Canned Tuna Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Canned Tuna Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Canned Tuna Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Growth in the working women population, coupled with changing lifestyle patterns worldwide
6.1.1.2. Increasing Consumption of Canned Tuna
6.1.1.3. Rising inclination towards convenience food
6.1.2. Market Restraints
6.1.2.1. The growing demand for plant based food products
6.1.3. Market Opportunities
6.1.3.1. Emerging markets

Chapter 7. Global Canned Tuna Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Canned Tuna Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Canned Tuna Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Process Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Canned Tuna Market, By Product Type

8.1. Canned Tuna Market, by Product Type, 2017-2030
8.2. Flavoured
8.2.1.1. Market Revenue Forecast (2017-2030)
8.3. Unflavoured
8.3.1.1. Market Revenue Forecast (2017-2030)
Global Canned Tuna Market, By End use
8.4. Canned Tuna Market, by End use, 2017-2030
8.5. B2C
8.5.1.1. Market Revenue Forecast (2017-2030)
8.6. B2B
8.6.1.1. Market Revenue Forecast (2017-2030)
Global Canned Tuna Market, By Sales Channel
8.7. Canned Tuna Market, by Sales Channel, 2017-2030
8.8. Direct
8.8.1.1. Market Revenue Forecast (2017-2030)
8.9. Indirect
8.9.1.1. Market Revenue Forecast (2017-2030)
Global Canned Tuna Market, By Tuna Species
8.10. Canned Tuna Market, by Tuna Species, 2017-2030
8.11. Albacore
8.11.1.1. Market Revenue Forecast (2017-2030)
8.12. Skip Jack
8.12.1.1. Market Revenue Forecast (2017-2030)
8.13. Yellowfin
8.13.1.1. Market Revenue Forecast (2017-2030)
8.14. Others
8.14.1.1. Market Revenue Forecast (2017-2030)

Chapter 9. Global Canned Tuna Market, By Type

9.1. Canned Tuna Market, by Type, 2017-2030
9.2. Ready-To-Eat
9.2.1.1. Market Revenue Forecast (2017-2030)
9.3. Ready-To-Cook
9.3.1.1. Market Revenue Forecast (2017-2030)

Chapter 10. Global Canned Tuna Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue Forecast by Product Type (2017-2030)
10.1.2. Market Revenue Forecast by Type (2017-2030)
10.1.3. Market Revenue Forecast by Tuna Species (2017-2030)
10.1.4. Market Revenue Forecast by Sales Channel Size (2017-2030)
10.1.5. Market Revenue Forecast by End use (2017-2030)
10.1.6. U.S
10.1.6.1. Market Revenue Forecast (2017-2030)
10.1.7. Canada
10.1.7.1. Market Revenue Forecast (2017-2030)
10.2. Europe
10.2.1. Market Revenue Forecast by Product Type (2017-2030)
10.2.2. Market Revenue Forecast by Type (2017-2030)
10.2.3. Market Revenue Forecast by Tuna Species (2017-2030)
10.2.4. Market Revenue Forecast by Sales Channel Size (2017-2030)
10.2.5. Market Revenue Forecast by End use (2017-2030)
10.2.6. UK
10.2.6.1. Market Revenue Forecast (2017-2030)
10.2.7. Germany
10.2.7.1. Market Revenue Forecast (2017-2030)
10.2.8. France
10.2.8.1. Market Revenue Forecast (2017-2030)
10.2.9. Rest of EU
10.2.9.1. Market Revenue Forecast (2017-2030)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue Forecast by Product Type (2017-2030)
10.3.2. Market Revenue Forecast by Type (2017-2030)
10.3.3. Market Revenue Forecast by Tuna Species (2017-2030)
10.3.4. Market Revenue Forecast by Sales Channel Size (2017-2030)
10.3.5. Market Revenue Forecast by End use (2017-2030)
10.3.6. China
10.3.6.1. Market Revenue Forecast (2017-2030)
10.3.7. India
10.3.7.1. Market Revenue Forecast (2017-2030)
10.3.8. Japan
10.3.8.1. Market Revenue Forecast (2017-2030)
10.3.9. Rest of APAC
10.3.9.1. Market Revenue Forecast (2017-2030)
10.4. LATAM
10.4.1. Market Revenue Forecast by Product Type (2017-2030)
10.4.2. Market Revenue Forecast by Type (2017-2030)
10.4.3. Market Revenue Forecast by Tuna Species (2017-2030)
10.4.4. Market Revenue Forecast by Sales Channel Size (2017-2030)
10.4.5. Market Revenue Forecast by End use (2017-2030)
10.4.6. Brazil
10.4.6.1. Market Revenue Forecast (2017-2030)
10.4.7. Rest of LATAM
10.4.7.1. Market Revenue Forecast (2017-2030)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue Forecast by Product Type (2017-2030)
10.5.2. Market Revenue Forecast by Type (2017-2030)
10.5.3. Market Revenue Forecast by Tuna Species (2017-2030)
10.5.4. Market Revenue Forecast by Sales Channel Size (2017-2030)
10.5.5. Market Revenue Forecast by End use (2017-2030)
10.5.6. GCC
10.5.6.1. Market Revenue Forecast (2017-2030)
10.5.7. North Africa
10.5.7.1. Market Revenue Forecast (2017-2030)
10.5.8. South Africa
10.5.8.1. Market Revenue Forecast (2017-2030)
10.5.9. Rest of MEA
10.5.9.1. Market Revenue Forecast (2017-2030)

Chapter 11. Company Profiles

11.1. Frinsa del Noroeste SA
11.1.1. Company Overview, Business Information, Regional Presence
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Product Type
11.1.3. Revenue, Price, and Gross Margin (2017-2020)
11.1.4. Recent Developments and Strategies
11.2. Thai Union Group PCL
11.2.1. Company Overview, Business Information, Regional Presence
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Product Type
11.2.3. Revenue, Price, and Gross Margin (2017-2020)
11.2.4. Recent Developments and Strategies
11.3. Centuary Pacific Food, Inc.
11.3.1. Company Overview, Business Information, Regional Presence
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Product Type
11.3.3. Revenue, Price, and Gross Margin (2017-2020)
11.3.4. Recent Developments and Strategies
11.4. JealsaRianxeira SA
11.4.1. Company Overview, Business Information, Regional Presence
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Product Type
11.4.3. Revenue, Price, and Gross Margin (2017-2020)
11.4.4. Recent Developments and Strategies
11.5. Wild Planet Foods, Inc.
11.5.1. Company Overview, Business Information, Regional Presence
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Product Type
11.5.3. Revenue, Price, and Gross Margin (2017-2020)
11.5.4. Recent Developments and Strategies
11.6. American Tuna, Inc.
11.6.1. Company Overview, Business Information, Regional Presence
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Product Type
11.6.3. Revenue, Price, and Gross Margin (2017-2020)
11.6.4. Recent Developments and Strategies
11.7. Ocean Brands GP (The Jim Pattison Group)
11.7.1. Company Overview, Business Information, Regional Presence
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Product Type
11.7.3. Revenue, Price, and Gross Margin (2017-2020)
11.7.4. Recent Developments and Strategies
11.8. Golden Prize Canning Co. Ltd.
11.8.1. Company Overview, Business Information, Regional Presence
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Product Type
11.8.3. Revenue, Price, and Gross Margin (2017-2020)
11.8.4. Recent Developments and Strategies
11.9. Albacora S.A.
11.9.1. Company Overview, Business Information, Regional Presence
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Product Type
11.9.3. Revenue, Price, and Gross Margin (2017-2020)
11.9.4. Recent Developments and Strategies
11.10. F.C.F. Fishery Co., Ltd (Bumble Bee Foods, LLC)
11.10.1. Company Overview, Business Information, Regional Presence
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Product Type
11.10.3. Revenue, Price, and Gross Margin (2017-2020)
11.10.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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