Global Canned Tuna Market (2020 to 2026) - Industry Analysis and Forecast - ResearchAndMarkets.com
The "Global Canned Tuna Market By Product (Skipjack, Yellowfin, and Other Products), By Distribution Channel (Hypermarket & Supermarket, Specialty Stores and E-commerce), By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The "Global Canned Tuna Market By Product (Skipjack, Yellowfin, and Other Products), By Distribution Channel (Hypermarket & Supermarket, Specialty Stores and E-commerce), By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Canned Tuna Market size is expected to reach $11.7 billion by 2026, rising at a market growth of 8.7% CAGR during the forecast period.
Canned tuna is broadly utilized in different day to day dishes and delicacies, including salads, croquette, sandwiches, burgers, pasta, tacos, and sushi. These dishes are effortlessly cooked in less time at home, and accordingly, they are profoundly valued by the consumers who believe in home cooking and a healthy way of life. These patterns of consumers are foreseen to fuel the demand for the item all over the world over the forecast period. Tuna is a member of the mackerel fish family and an integral part of the worldwide fishing scenario. Tuna is appreciated globally fresh-cooked, frozen, canned, and sushi. Normally, 60% of all tuna originates from the West and Central Pacific Ocean (WPCO).
The worldwide canned tuna market development is boosted predominantly because of the expanding consumption of different packaged food items and beverages. The canned foods comprise of different meat, organic products, vegetables, and fishes that are precooked or are ready-to-cook for easy consumption. Due to the hectic lifestyles and growth in the working population, the utilization of convenience food items has prodded in the last few years. This legitimately helps in the development of this market. European nations and the U.S. are the biggest consumers of canned tuna, while a small portion of the Asian nations, for example, Japan, and South Korea, is additionally driving in the consumption graph. In any case, most of the tuna industry, particularly the canned tuna division, is catered to a few of the Asian nations as the quality of the fish is magnificent.
As per the statistics given by the 'GLOBEFISH', an item, trading, and showcasing branch of FAO Fisheries and Aquaculture Department, Thailand, Ecuador, China, Indonesia, and the Philippines were the biggest exporters of canned and processed fish. However, countries such as the U.S., Japan, Australia, Egypt, Saudi Arabia, and Europe were the biggest importers of canned and processed tuna. During the COVID-19 pandemic, the demand for canned food, particularly fish, has expanded essentially across the U.S. Consumers are progressively purchasing this item as it is the least expensive protein available in the market, combined with the higher life of shelf. These customer patterns are foreseen to fuel demand over the forecast period.
Companies Profiled
- Frinsa del Noroeste SA
- Thai Union Group PCL
- Centuary Pacific Food, Inc.
- Jealsa Rianxeira SA
- Wild Planet Foods, Inc.
- American Tuna, Inc.
- Ocean Brands GP (The Jim Pattison Group)
- Golden Prize Canning Co. Ltd.
- Albacora S.A.
- F.C.F. Fishery Co., Ltd (Bumble Bee Foods, LLC)
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Canned Tuna Market by Product
3.1 Global Skipjack Market by Region
3.2 Global Yellowfin Market by Region
3.3 Global Other Products Market by Region
Chapter 4. Global Canned Tuna Market by Distribution Channel
4.1 Global Hypermarket & Supermarket Canned Tuna Market by Region
4.2 Global Specialty Stores Market by Region
4.3 Global E-commerce Market by Region
Chapter 5. Global Canned Tuna Market by Region
5.1 North America Canned Tuna Market
5.2 Europe Canned Tuna Market
5.3 Asia Pacific Canned Tuna Market
5.4 LAMEA Canned Tuna Market
Chapter 6. Company Profiles
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