Global Canned Tuna Market to Be Driven by Booming Food and Beverage Industry During Forecast Period 2022-2027 – This Is Ardee

Expert Market Research’s new report titled, “Global Canned Tuna Market Report and Forecast 2022-2027”, gives an in-depth analysis of the global canned tuna market, assessing the market based on its segments such as products , the distribution channels and the main Regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2017-2027)

• Historical market size (2021): 8.44 billion USD
• Forecast CAGR (2022-2027): 4.7%

The global canned tuna market is driven by factors such as booming food industry, growing popularity of seafood, growing demand for clean and premium quality labeled fish food products and income inflation available. In addition to this, the growing awareness about the high nutritional value of canned tuna is a significant factor shaping the growth of the market. Moreover, the growing inclination towards bodybuilding and healthy lifestyle is likely to propel the demand for high protein foods such as tuna in the coming years. In terms of region, Asia-Pacific is expected to account for a large share of the market owing to the booming aquaculture and fisheries sector, rapid development of supermarkets and hypermarkets, and rising living standards in the region. region.

Industry definition and major segments

Canned tuna refers to the packaged tuna product that contains oil or water. Canned tuna is a high source of protein and low in fat and calories. The shelf life of canned tuna is relatively long. Moreover, it is widely consumed around the world due to its convenience and nutrition.
By Product, the market can be split into:

• Skipjack
• Albacore
• Others

On the basis of distribution channel, the market is segmented into:

• Hypermarket and Supermarket
• Specialty stores
• On line

Regional canned tuna markets include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Market trends

The emerging e-commerce industry due to the rapid expansion of e-commerce giants such as Amazon is favoring the global canned tuna market. In addition to this, growing awareness of the benefits of consuming omega-3 fatty acids found in tuna is likely another key trend helping the market. Moreover, the growth of the market can be associated with the increasing demand for convenient, ready-to-eat and ready-to-cook food products. Busy lifestyles and increasing disposable income coupled with longer shelf life and easy availability of canned food products are supporting this trend, which is contributing to the expansion of the market.

Main market players

Major market players include American Tuna, Thai Union Group PCL, Bumble Bee Foods LLC, Century Pacific Food Inc., and Wild Planet Foods Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.

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