Tinned Fish Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to tinned fish market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Tinned Fish Market News

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  • In May 2024, Italy's Newlat Food acquired the British food company Princes for £700 million (approximately $892 million). This strategic move expanded Newlat's portfolio to include Princes' tinned fish products and Napolina sauces. The acquisition positioned Newlat as the largest food company listed on the Milan Stock Exchange, with an expected consolidated turnover of about €3 billion.
  • In August 2024, tinned seafood brand Fishwife partnered with fashion label Lisa Says Gah to launch a collection of fish-themed apparel and accessories. This collaboration blended culinary and fashion elements, featuring items like sardine can-printed T-shirts and silver fish-shaped jewelry. The partnership aimed to capitalize on the growing trend of food-inspired fashion, appealing to consumers interested in both gourmet products and stylish merchandise.
  • In October 2024, Sysco, a global foodservice distribution company, acquired Scotland-based meat and fish supplier Campbell's Prime Meat. This acquisition enhanced Sysco's seafood offerings, including tinned fish products, and strengthened its presence in the European market. The move aligned with Sysco's strategy to diversify its product range and expand its footprint in the seafood sector.

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Global Tinned Fish Market size was valued at USD 10.62 Billion in 2023 and is poised to grow from USD 10.83 Billion in 2024 to USD 12.71 Billion by 2032, growing at a CAGR of 2.02% in the forecast period (2025-2032).

The global tinned fish industry is becoming increasingly dynamic, with both legacy brands and innovative startups competing to capture a growing base of sustainability-conscious and health-focused consumers. Established players like Bumble Bee Foods, Thai Union (owner of brands like Chicken of the Sea), and Grupo Calvo continue to dominate shelf space with mass-market offerings, but they are now facing rising competition from boutique brands and purpose-driven startups. These newer entrants emphasize traceability, ethical sourcing, and gourmet-quality products, often targeting niche audiences through e-commerce and direct-to-consumer channels. In 2024, a strategic example came from Thai Union, which expanded its investment in AI-driven processing by partnering with a technology firm to improve the sorting and grading of fish using machine vision. 'Newlat Food', 'Fishwife ', 'Sysco', 'Princes Group', 'Bolton Group', 'Bumble Bee Foods', 'Thai Union Group', 'Wild Planet Foods', 'Orkla', 'Dongwon Industries', 'Stavis Seafoods', 'Icelandic Seafood', 'Pacific Seafood', 'Maruha Nichiro', 'High Liner Foods '

As environmental awareness increases, many consumers are turning to fish as a more sustainable protein source compared to red meat. Tinned fish offers a convenient, shelf-stable option that is rich in nutrients and environmentally friendly when sourced responsibly. This shift in dietary preferences is helping to drive demand for high-quality canned seafood.

Rise of Gourmet and Artisanal Tinned Fish: The tinned fish market is seeing a revival in gourmet and artisanal offerings. High-end sardines, tuna, and mackerel packed in olive oil, spices, or unique sauces are gaining popularity, especially among younger consumers and food enthusiasts. These products are often marketed with elegant packaging and stories about their origins, turning canned seafood into a premium dining experience rather than just a pantry staple.

How is North America Embracing Health and Sustainability in Tinned Fish Consumption?

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Global Tinned Fish Market
Tinned Fish Market

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