The Business Research Company’s Canned Seafood Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Canned Seafood Global Market Report 2023 evaluates canned seafood market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global canned seafood market size is expected to grow from $31.56 billion in 2022 to $33.40 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global canned seafood market size is expected to reach $41.37 billion in 2027 at a CAGR of 5.5%.
The canned seafood market segments in the report are:
1) By Type: Canned Fish, Canned Mollusks, Canned Crustaceans, Canned Cephalopods
2) By Distribution channel: Hypermarkets and Supermarkets, Convenience stores, Independent grocery stores, Specialty stores, Online retail
3) By End User: Households, Commercial
Get More Information On The Canned Seafood Market Report:
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The table of contents in TBRC’s canned seafood market report includes:
1. Executive Summary
2. Canned Seafood Market Characteristics
3. Canned Seafood Market Trends And Strategies
4. Canned Seafood Market - Macro Economic Scenario
5. Canned Seafood Market Size And Growth
….........
26. Africa Canned Seafood Market
27. Canned Seafood Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Canned Seafood Market
29. Canned Seafood Market Future Outlook and Potential Analysis
30. Appendix
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Global Canned Seafood Market is anticipated to reach USD 27.8 billion by 2025.
It is considered as a key and safe method for preserving food, and it retains fat, protein, and carbohydrate constituents.The essential nutrients added during canning process including vitamin D and A lead to the improvement of metabolism, and vitamin B12 improves eyesight.
Boosting the immunity power is also one of the major health benefits offered by the product.The factors that propel the growth of the canned seafood industry include rapid urbanization & industrialization, increasing demand, and product development & technological innovations, rise in the purchasing power of the consumers coupled with the change in eating patterns.
Moreover, high presence of BPA in cans is the main factor hindering the market growth.
The “Canned Tuna” segment dominated the canned seafood market in 2016 and is anticipated to maintain its dominance by 2025, owing to Tuna that is a rich source of lean proteins, and it also contains the other nutrients such as omega 3 fatty acid, which results in the improvement of personal health.Canned seafood industry may be explored by distribution channels as retailers and independent dealers, online stores, supermarkets, and others.
The “Retailers and Independent dealers” segment dominated the market in the forecast period owing to ease of availability of these products in food marts and supermarket.Asia-Pacific accounted for the major share of the canned seafood market size in 2016 and will continue to lead in the forecast period; wherein China is a key contributor in this region tracked by India.
Global Canned Seafood Market is anticipated to reach USD 27.8 billion by 2025.
Preventing food from spoilage by storing it in jars or containers and heating it to a temperature that destroys micro-organisms causing it to spoil is termed as canning.
It is considered as a key and safe method for preserving food, and it retains fat, protein, and carbohydrate constituents.The essential nutrients added during canning process including vitamin D and A lead to the improvement of metabolism, and vitamin B12 improves eyesight.
Canned sea food helps in lowering the risk of depression and raising the bone strength owing to its calcium content.
Boosting the immunity power is also one of the major health benefits offered by the product.The report “Canned Seafood Market Size & Forecast Report, 2014 - 2025” is available now at https://www.millioninsights.com/industry-reports/canned-seafood-marketThe factors that propel the growth of the canned seafood industry include rapid urbanization & industrialization, increasing demand, and product development & technological innovations, rise in the purchasing power of the consumers coupled with the change in eating patterns.
This chemical can lead to birth disorders, infertility, heart diseases, cancerous tumors, etc.
Market Overview:With the concept of “open and eat” food products gaining popularity due to compact packaging and the fast lifestyle of consumers, the demand for canned seafood is growing.
Market Research Future (MRFR) has published a research report about global canned seafood market that envisions boost for this market with 3.6% CAGR (Compound Annual Growth Rate) for this market between 2017 and 2023.
In terms of value, the market that is worth the US $ 27.60 bn in 2017 is expected to be worth the US $ 33.90 bn in 2023.Some of the key factors aiding the growth of global canned seafood market include high shelf life of the products, increasing consumer inclination to adopt healthy food habits, increasing popularity of ready to eat food products, mounting growth of food service industry, and new product development.Access Report Details @ https://www.marketresearchfuture.com/reports/canned-seafood-market-6703Major Key Players:Key players in the global canned seafood market include American Tuna Inc., Bumble Bee Seafoods, C-Food International LLC, Connors Bros. Ltd. (Brunswick Seafoods), Icicle Seafoods Inc., LDH (La Doria) Ltd, Maruha Nichiro Corporation, Nippon Suisan Kaisha Ltd, Pegasus Food Co. Ltd., StarKist Co., Thai Union Frozen Products, Trident Seafoods Corporation., Tri Marine Group, Universal Canning Inc., and Wild Planet Foods.Segment:The global canned seafood market has been segmented on the basis of the distribution channel, type, and region.
Although store-based distribution channel holds the larger market share, the market share of non-store based is expected to rise rapidly during the forecast period.
Tuna is the largest market segment among these whereas the sardines have been estimated to emerge as the fastest growing market during the forecast period.Regional Analysis:The regional segmentation of the global canned seafood market segments the market into continent-based regional markets known as North America, Europe, South America, Asia Pacific, and the Middle East & Africa (MEA).
North America is a strong regional market due to technological advancement, good refrigeration facilities, rising health-conscious attitude among consumers, and the presence of many key market players in this region.
