July 12, 2024

Canned Tuna Market Size, Scope and Forecasts to 2021-2030 | Potential Opportunity Is Opening in the Coming Years

According to Precedence Research’s new research study on “Canned Tuna Market Size 2021 to 2030 – Global Industry Analysis and Forecast (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 and Ready-To-Cook)” The global canned tuna market size is forecasted to reach around US$ 40.47 billion by 2030 from US$ 29.88 billion in 2021 and is anticipated to grow with a healthy CAGR of 3.4% from 2021 to 2030.

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030.

Download Free Sample Copy with TOC, Graphs & List of Figures @ https://www.precedenceresearch.com/sample/1248

Canned tuna refers to the tuna that has been dried, sealed and heated in the sealed container like as sealed tin can. Canning is a food storage technique, providing a standard shelf life fluctuating from 1 to 5 years. Tuna is low in acidity, with stages at which microbes can thrive. Foods having lesser acidity require disinfection under great temperatures ofup to 130 ° C from a community care view point. Pressurized cooking is important to accomplish temperatures over boiling point. After sterilization, the container may prevent the entry and proliferation of microorganisms within.

Then the process of sterilization, as a preservative, no other approach is effective. For example, only at temperatures over boiling point can the microorganism Clostridium botulinum (which causes botulinum) be removed. To prevent tuna spoilage and increase shelf life, preservation techniques are important. They are deliberate in order to prevent the activity of bacteria from spoilage as well as metabolic fluctuations that lead to loss of the quality of the tuna. The unique bacteria that create the unfriendly odors and tastes related with damaged tuna are spoilage bacteria.

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.

Scope of the Canned Tuna Market

Report HighlightsDetails
Market RevenueUS$ 40.47 Billion by 2030
Growth RateCAGR of 2.4% from 2021 to 2030
Base Year2021
Historic Data2017 to 2020
Forecast Period2021 to 2030
Segments CoveredProduct, Sales Channel, End use, Tuna Species, Type
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Report 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.

Regional Analysis:

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. Furthermore, presence of major companies in the North America and business plans that are executed by the chief players in the nations of North America is prospective to observer significant growth in the aiming industry in the nearby future.

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. The Latin America canned tuna market is expected to grow at moderate CAGR in the near future.

Some of the prominent players in the global Canned Tuna Market are listed as below:

  • 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)

For improved status of canned tuna, and strategies accepted by Precedence Research projected the upcoming growth of the canned tuna market.

Key Developments in the Marketplace:

  • In year 2020, Pa Waen a leading brad of thai mixed chili paste has signed an agreement along with Thai Union SEALECT Tuna in order to introduced brand new 5 flavors of the tuna flakes.
  • Addition to this in year 2015, Rügen Fisch AG is partnered along with Thai Union Group Public Company Limited which is the leading player in the tuna processor across the globe.
  • In the year 2014 King Oscar which is the world’s topmost brand for the seafood has been acquired by the Thai Union Frozen Products Public Company Limited in order to get competitive edge in the target industry worldwide.

Major Market Segments Covered:

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

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

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

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