The Global Canned Tuna Market was $9.10 Bn in 2020, and it is expected to reach $20.40 Bn by 2030. It is eventually growing at a commendable high compound annual growth rate CAGR of 8.4% between 2020-2030. But due to the current poandemic there might be a slight difference in the growth rate in the present year. With the shift in the consumer preference for the seafood in different cuisines to look for rich source of essential protein, vitamins and minerals will help to accelerate the growth of market.
Global Canned Tuna Market is Estimated to Witness Remarkable Growth
Source: SAI Research
Tuna is one of the most preferred fish used in sandwiches and salads daily. Due to its high protein and vitamin D content, these are preferred by most of the population who seek healthy food replacement in terms of proteins. Over the past five years, canned tuna imports in developing regions have shown more than 10% growth.
The Global Canned Tuna Market has been segmented into type, end-user, sales channel. by Type – Albacore, Skipjack Tuna, Yellowfin Tuna, Bigeye Tuna, Bluefin Tuna. By End-User – Foodservice, Households. By Sales Channel – Direct, Indirect, Speciality Stores, Hypermarkets/Supermarkets, Online Retailers. By Geography – North America, Europe, Middle East and Africa, Latin America, Asia Pacific.
By Region, Europe Is Holding The Major Market Share
The Global Canned Tuna Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. In addition to this Europe Global Canned Tuna Market is holding the major market share at present and is estimated to witness the high compound annual growth rate during the forecasted period because of the increased demand for the simple and ready to eat convenient seafood. Besides this Middle East and Africa is also expected to witness remarkable growth during the forecasted period.
Major Players in the Global Canned Tuna Market
Some of the major platers in the Global Canned Tuna Market include Frinsa del Noroeste S.A., Thai Union Group PCL, Bumble Bee Foods LLC, Century Pacific Food Inc., Jealsa, Grupo Calvo, Wild Planet Foods Inc., PT. Aneka Tuna Indonesia, American Tuna Inc., Ocean Brands, AC Canning Co. Ltd., Crown Prince Inc., Dongwon Group, Hagoromo, Natural Sea.
The Global Canned Tuna Market Has Been Segmented Into:
Global Canned Tuna Market, By Type
Global Canned Tuna Market, By End-User
Global Canned Tuna Market, By Sales Channel
Global Canned Tuna Market, By Region