The Emergen Research study, "World Canned Tuna Market," is a comprehensive collection of analytical information about the Canned Tuna industry. The study includes a segmentation of the Canned Tuna Market as well as a detailed analysis of the market's size (both in terms of volume and value). The report offers a thorough forecast for the years 2022–2030 in addition to an analysis of the current Canned Tuna Market. A complete analysis of each industry vertical, segment, end-use industry, application, and region's historical, current, and future revenue is provided in the Canned Tuna Market report.
The global canned tuna market size reached USD 9.10 Billion in 2021 and is expected to register a revenue CAGR of 5.3% during the forecast period, according to the latest analysis by Emergen Research. Rapid growth of e-commerce channels to enhance supply chain is a major factor driving growth of the market. Tuna is a rich source of healthy fatty acids, which are essential for growth and development. It is particularly crucial for breastfeeding mothers and pregnant women to satisfy their nutritional needs. Increasing trend of incorporating nutritionally beneficial food into daily diet to improve health functionality, is in turn, increasing demand for tuna. In addition, rapid growth of e-commerce channels has strengthened supply chain, which in turn, is expected to have a positive impact on revenue growth of the market. Online retail platforms have grown substantially and eased availability of a wide range of products across the globe. Moreover, increasing use of internet and smartphones, in general, has created several new opportunities for e-commerce platforms. Establishment of various new malls and specialty stores has further strengthened supply chain, thus increasing the sales of tuna and other processed food products.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Ocean Brands, Frinsa del Noroeste, Grupo Calvo, Bumble Bee Foods LLC, Jealsa, Thai Union Group PCL, American Tuna Inc., Century Pacific Food Inc., Starkist Co., and Wild Planet Foods Inc
Target Audience of the Global Canned Tuna Market Report:
Key Market Players
Investors
Venture capitalists
Small- and medium-sized and large enterprises
Third-party knowledge providers
Value-Added Resellers (VARs)
Global market producers, distributors, traders, and suppliers
Research organizations, consulting companies, and various alliances interested in this sector
Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Canned Tuna Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Canned Tuna market on the basis of product, application, and region:
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2030)
Skipjack
Yellowfin
Albacore
Others
Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
Hypermarket/Supermarket
Specialty Stores
Online Retail
Regional Outlook (Revenue, USD Billion; 2019–2030)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
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Some Key Highlights From the Report
The skipjack segment is expected to register a significant market revenue growth owing to its array of nutritional qualities. Mercury content of skipjack tuna meat is only 0.144 parts per million. FDA defines skipjack as the best choice due to mercury levels in its flesh and 8-12 ounces of Skipjack should be consumed once a week. Skipjack chunks are high in B-complex vitamins, such as niacin and pyridoxine (B-6), while vitamin E, B12, thiamin, and riboflavin are also abundant.
The hypermarket/supermarket segment is expected to grow at a considerable growth rate. Major manufacturers promote their products at offline retail outlets such as hypermarkets and supermarkets. In addition, several companies are growing their customer base by opening new physical locations around the world.
The Europe market is expected to register a considerable growth rate. The region is expected to contribute heavily because customers are increasingly opting for simple, ready-to-eat, and convenient seafood options. According to a research conducted by European Market Observatory for Fisheries and Aquaculture Products, tuna was the most consumed marine species in Europe in 2020. Major canned tuna consumers in the region are Italy, Spain, and the UK.
Additional information offered by the report:
Along with a complete overview of the global Canned Tuna market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Canned Tuna market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
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Based upon type, global canned tuna market is classified as Albacore, Skipjack Tuna, Yellowfin Tuna, Bigeye Tuna, and Bluefin Tuna.
Based upon sales channel, global canned tuna market is classified as direct, indirect, specialty stores, hypermarkets/supermarkets, online retailers and othersGet Sample Copy of The Activated Alumina Market Report 2020@ https://brandessenceresearch.com/requestSample/PostId/388*The sample pages of this report is immediately accessible on-demand.
Light tuna, consists of skipjack and small amounts of yellowfin, and this package is the less expensive product and represents one of the largest portions of canned tuna sales.
High quality or "sushi grade" bigeye and bluefin tuna are expensive and served as luxury foods in high end restaurants and are usually used in sushi and sashimi dishes.The regions covered in this Global Canned Tuna market report are North America, Europe, Asia-Pacific and Rest of the World.
The canned tuna are used as ingredient and main dishes for various food varieties.
One of the restraining factors is, the tunas are often caught far from where they are processed for canning, so poor temporary conservation can results in decay.Europe is Expected to Dominate the Global Canned Tuna MarketThe main market for canned tuna is Europe and North America.
