What is the global market size of Canned Tuna Market?

Canned Tuna Market size was valued at USD 10.26 billion in 2021 and is poised to grow from USD 10.61 billion in 2022 to USD 15.1 billion by 2030, growing at a CAGR of 4.15% in the forecast period (2023-2030).

Who are the key vendors in the Global Canned Tuna Market?

Due to various strict rules by European and North American nations, the canned tuna market is quite divided. The global canned tuna market has many companies, but only a few of them are able to meet the majority of consumer demand. These top players control a large portion of the markets in Europe, North America, and Asia Pacific. 'Thai Union Group', 'Dongwon Industries', 'Bumble Bee Foods', 'StarKist', 'Princes Group', 'Wild Planet Foods', 'Ocean Brands', 'Grupo Calvo', 'Crown Prince Inc.', 'American Tuna Inc.', 'Century Pacific Food Inc.', 'Natural Sea', 'HAGOROMO FOODS CORPORATION', 'Azzopardi Fisheries Ltd', 'John West Foods Ltd', 'Tonnino Tuna', 'Henry & Lisa's Natural Seafood', 'Fish4Ever', 'Clover Leaf Seafoods', 'Bohn's Best Canned Seafood'

What is the key driver of Global Canned Tuna Market?

Due to the ease of preparing that ready-to-cook and ready-to-eat food products provide, consumers rely heavily on them. The widespread use of canned tuna is a result of the growing number of working women and the reduction in time spent cooking. Due to their ease of preparation, nutritional value, and reduced time required for food preparation, the millennial demographic is extremely attracted to these convenience food items. To better serve consumers and offer them high-quality products, many firms are concentrating on the introduction of new products and certifications.

What is the key market trend for Global Canned Tuna Market?

Due to advancements in the e-commerce sector, manufacturers are concentrating on the online stores by marketing their products more aggressively online and selling their goods on online marketplaces. With greater knowledge of the advantages of tuna, there is a rising demand for canned tuna. The businesses also provide certified goods and make tuna cans recyclable. Businesses are putting an emphasis on fostering safety and openness.

Which region accounted for the largest share in Canned Tuna Market?

One of the top five fish species consumed worldwide, tuna is a well-liked seafood. It is one of the fish with the highest commercial worth worldwide. The two countries that consume the most tuna in cans are the European Union and the United States. The greatest market for tuna suitable for sashimi is Japan. Major nations that export processed canned tuna include Thailand, Indonesia, the Philippines, and Vietnam. The USA, Italy, Spain, France, the United Kingdom, Germany, Japan, Australia, the Netherlands, and Saudi Arabia are major tuna importer countries. Italian canned tuna is among the most popular seafood in the US, increasing industry demand. Italian manufacturers of several industry brands' distinctive product lines include Angelo Parodi Ventresca. Yellowfin Callipo Italian Canned Tuna contains firm textured meat, whereas Tonnino Tuna Fillet offers canned light tuna with tuna fillets in spring water that are ideal for salads. Yellowfin tuna in oil gives tuna a buttery flavour.

Top Canned Tuna Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Canned Tuna Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Canned Tuna industry players.

Canned Tuna Market Competitive Landscape

Top Players in the Global Canned Tuna Market

FCF Co, Ltd.
StarKist Co.
Thai Union Group PCL
Dongwon Industries Co., Ltd.
Wild Planet Foods
Crown Prince, Inc.
Century Pacific Food, Inc.
HAGOROMO FOODS CORPORATION
A.E.C. CANNING CO., LTD.
American Tuna
Fish4Ever Ltd.
Pescanova
Safcol Australia Pty Ltd.
Princes Group
Jealsa
Grupo Calvo
Wild Planet Foods Inc.
PT. Aneka Tuna Indonesia
American Tuna Inc.
Ocean Brands

Canned Tuna Market

Canned Tuna Market Report Snapshots

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Stringent regulations and varying standards around the world, growing competition, inflation estimated to remain above the upper band during the short term in key nations, and fluctuating raw material prices are some of the Canned Tuna market restraints over the forecast period.

Based on type, the market has been segmented as canned, fresh and frozen tuna. Currently, canned tuna dominates the market, holding the largest share.

Canned Tuna Market size was valued at USD 10.61 Billion in 2023 and is poised to grow from USD 11.05 Billion in 2024 to USD 15.73 Billion by 2032, growing at a CAGR of 4.15% during the forecast period (2025-2032).

The global canned tuna market is competitive, with all major players focusing on innovating their products and ensuring sustainability as well as broadening their distribution networks. The major shareholders in this sector are Bumble Bee Foods, Starkist, Chicken of the Sea, Thai Union Group, and Dongwon Industries. According to these companies, sustainable fishing practices, eco-friendly packaging, and the diversification of canned tuna products would entice varying consumer demands. Their strong brand establishment, strategic partnerships, as well as ongoing innovations are likely to increase and intensify competition in the market. 'FCF Co, Ltd. ', 'StarKist Co. ', 'Thai Union Group PCL ', 'Dongwon Industries Co., Ltd. ', 'Wild Planet Foods ', 'Crown Prince, Inc. ', 'Century Pacific Food, Inc. ', 'HAGOROMO FOODS CORPORATION ', 'A.E.C. CANNING CO., LTD. ', 'American Tuna ', 'Fish4Ever Ltd. ', 'Pescanova ', 'Safcol Australia Pty Ltd. ', 'Princes Group ', 'Jealsa ', 'Grupo Calvo ', 'Wild Planet Foods Inc. ', 'PT. Aneka Tuna Indonesia ', 'American Tuna Inc. ', 'Ocean Brands '

Rising Consumer Demand for Sustainable Tuna Products: Consumers are increasingly making the switch to sustainably sourced and eco-friendly canned tuna, a notion that has steadily found its way into the global canned tuna market trends. That is compelling the manufacturers to develop more responsible fishing practices and make incorporated recyclable or biodegradable packages, thereby celebrating the environment-hugging consumer.

Europe dominates the global canned tuna market due to its strong consumer demand for convenient, affordable, and protein-rich food products. A tradition of consuming seafood has established its roots in this region, and the health and sustainability consciousness have also been on the rise. All of these factors are driving a demand for canned tuna. Innovations in sustainable sourcing and green packaging, combined with Europe's tough environmental regulatory framework, give rise to an attractive proposition for end-users and manufacturers alike. Further, increasing demand for ready-to-eat meals, together with growing urbanization, leads to a rise in demand for canned tuna, thus further entrenching Europe's leading position within the market. When it comes to tapping resources, improvements in distribution networks can be a very important factor in making availability wider in the region itself.

Top Canned Tuna Companies

Canned Tuna Market Competitive Landscape

Canned Tuna Market

Canned Tuna Market Report Snapshots

FAQs

What are the major challenges faced by the Canned Tuna Market?

How is the Canned Tuna Market segmented on the basis of type?

What is the global market size of Canned Tuna Market?

Who are the key vendors in the Canned Tuna Market?

What is the key driver of Canned Tuna Market?

What is the key market trend for Canned Tuna Market?

Which region accounted for the largest share in Canned Tuna Market?

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