Canned Tuna Market Outlook 2032 | Key Drivers | Trends | Growth Opportunities

Canned Tuna Market Value and CAGR

Canned tuna refers to fresh tuna that has been cooked and sealed in a can with water, oil, or other flavorful liquid. This preservation method not only allows the fish to stay fresh for an extended period but also enhances its shelf life. Nowadays, there are different varieties of canned tuna available in the market. The most common types include albacore (white) tuna and skipjack (light) tuna. Albacore is known for its mild flavor and firm texture, making it perfect for salads or sandwiches. On the other hand, skipjack has a stronger taste and softer texture that pairs well with pasta dishes or casseroles.

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The increasing demand for ready-to-eat convenience foods, along with the rising health consciousness among consumers, has contributed to the growth of the canned tuna market. With busy lifestyles becoming commonplace, people are seeking quick and nutritious meal options that can be easily prepared without compromising on taste or quality. Canned tuna offers several benefits such as long shelf life, ease of storage and transportation, making it an attractive choice for both consumers and retailers alike. Its versatility allows it to be used in various recipes ranging from sandwiches and salads to pasta dishes and sushi rolls.

Canned Tuna Market Growth Drivers and Risks

Growth Drivers:

• One of the major drivers fueling the growth of the canned tuna market is its affordability compared to fresh or frozen seafood. With increasing economic pressures on consumers worldwide, affordable protein sources like canned tuna offer great value for money without compromising on taste or nutrition.
• Another driver contributing to the growth of this industry is the increasing popularity of ready-to-eat meals among busy individuals who want convenient yet nutritious options. Canned tuna provides a quick and easy way to incorporate protein into meals such as salads, sandwiches, pasta dishes, and more.

Risks:

• One significant risk is the increasing concern over sustainability. With growing awareness about overfishing and the impact on marine ecosystems, there is a demand for more sustainable fishing practices. This means that companies in the canned tuna market need to ensure that their supply chain is environmentally responsible and transparent.
• Another risk factor is the fluctuating price of raw materials. Tuna prices can vary due to factors such as weather conditions, geopolitical tensions, and changes in regulations. These fluctuations can affect profit margins and ultimately impact the overall stability of the market.

Canned Tuna Market Keyplayers

Frinsa del Noroeste S.A., Thai Union Group PCL, Bumble Bee Foods LLC, Century Pacific Food Inc, Jealsa, Grupo Calvo, PT. Aneka Tuna Indonesia, American Tuna Inc, Ocean Brands.

Canned Tuna Market Segmentations

By Product

• Skipjack
• Yellowfin
• Others

By Distribution Channel

• Hypermarket & Supermarket
• Specialty Stores
• Online

Table of content

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Data Modelling

1.3.2.1. Company Share Analysis Model

1.3.2.2. Revenue Based Modelling

1.3.3. Phase III – Primary Research

1.3.4. Research Limitations

1.3.5. Assumptions

1.4. Market Introduction

1.5. Market Research Scope

2. Executive Summary

2.1. Market Snapshot: Global Canned Tuna Market

2.2. Global Canned Tuna Market, By Product

2.3. Global Canned Tuna Market, By Distribution Channel

2.4. Global Canned Tuna Market, By Region

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Canned Tuna Market Value, 2017-2030, (US$ Bn)

3.1.2. Y-o-Y Growth Trend Analysis

3.2. Market Dynamics

3.2.1. Market Drivers

3.2.2. Market Restraints

3.2.3. Market Opportunities

3.2.4. Major Industry Challenges

3.3. Growth and Development Patterns

3.4. Investment Feasibility Analysis

3.5. Market Opportunity Analysis

3.5.1. Product

3.5.2. Distribution Channel

3.5.3. Geography

4. Premium Insights

4.1. STAR (Situation, Task, Action, Results) Analysis

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers/Consumers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitute Types

4.2.5. Intensity of Competitive Rivalry

4.3. Key Market Trends

4.3.1. Demand Side Trends

4.3.2. Supply Side Trends

4.4. Value Chain Analysis

4.5. Technology Analysis

4.6. Analysis and Recommendations

4.7. Marketing Strategy Analysis

4.7.1. Direct Marketing

4.7.2. Indirect Marketing

4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022

5.1. Company market share of key players, 2022

5.2. Competitive Benchmarking

5.3. Market Positioning of Key Vendors

5.4. Geographical Presence Analysis

5.5. Major Strategies Adopted by Key Players

5.5.1. Key Strategies Analysis

5.5.2. Mergers and Acquisitions

5.5.3. Partnerships

5.5.4. Product Launch

5.5.5. Geographical Expansion

5.5.6. Others

6. Economic Impact Analysis

6.1. Recession Impact

6.1.1. North America

6.1.2. Europe

6.1.3. Asia Pacific

6.1.4. Latin America

6.1.5. Middle East and Africa

6.2. Ukraine-Russia War Impact

6.2.1. North America

6.2.2. Europe

6.2.3. Asia Pacific

6.2.4. Latin America

6.2.5. Middle East and Africa

6.3. COVID-19 Impact Analysis

6.3.1. North America

6.3.2. Europe

6.3.3. Asia Pacific

6.3.4. Latin America

6.3.5. Middle East and Africa

Toc Continue………………………..

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