Frozen Tuna Market By Type, By Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

List of Tables

The global frozen tuna market is anticipated to reach $13,342.8 million by 2032, growing from $6,579.0 million in 2022 at a CAGR of 7.4% from 2023 to 2032.

"Frozen tuna" typically refers to tuna fish that has been frozen for preservation. Tuna is a popular seafood and freezing is a common method used to extend its shelf life & maintain its freshness. The process involves rapidly freezing the tuna to exceptionally low temperatures, which helps to slow down the growth of bacteria and other microorganisms that lead to spoilage. Frozen tuna is often used in various culinary applications, including sashimi and sushi. Moreover, freezing helps to retain the quality of the fish by preserving its texture and flavor. In addition, frozen tuna is convenient for storage and transportation, allowing it to be available year-round even when fresh tuna is in season.

The frozen tuna is recognized for its nutritional value, being rich in protein, omega-3 fatty acids, vitamins, and minerals. Consumers are becoming more health-conscious, seeking foods that contribute to their overall well-being. The omega-3 fatty acids in tuna are particularly known for supporting heart health and cognitive function. As awareness about the nutritional benefits of seafood, including tuna increases, consumers are incorporating more fish into their diets. Seafood is often promoted as a healthy alternative to red meat and tuna's nutritional profile aligns with this trend. Frozen tuna offers convenience to consumers, owing to its ability to be stored for longer periods, allowing for easy meal planning and reducing the frequency of grocery shopping. In addition, frozen tuna is used in various culinary applications, making it a versatile choice for consumers seeking diverse and convenient meal options. With increasing globalization, consumers have access to a wide variety of seafood products, including several types of tuna. This has expanded consumer choices and exposed them to various tuna products, contributing to the development of the market. Moreover, consumers are concerned about the sustainability of their food choices. Tuna fisheries and brands that emphasize sustainable & responsible fishing practices attract environmentally conscious consumers. Certifications such as those from the Marine Stewardship Council (MSC) influence purchasing decisions, fueling the demand for sustainably sourced frozen tuna.

However, tuna populations globally are under threat from overfishing, where the rate of catching tuna exceeds their natural reproduction rate. This is expected to lead to the depletion of tuna stocks, disrupting the balance of marine ecosystems and affecting other marine species dependent on tuna. Tuna fishing often results in the unintentional capture of non-target species, known as bycatch. Bycatch includes endangered or non-commercial species, contributing to biodiversity loss and disrupting marine ecosystems. Hence, addressing bycatch is crucial for sustainable tuna fishing practices. Certain tuna fishing methods, such as purse seining and longlining, cause habitat destruction. For instance, the use of fish aggregating devices (FADs) in purse seining leads to the entanglement of non-target species and longlines cause damage to the ocean floor. These practices notably contribute to the degradation of marine habitats. Governments and international bodies are implementing stringent regulations to promote sustainable fishing practices as well as reduce the environmental impact of the fishing industry. Compliance with these regulations poses challenges for players in the frozen tuna market who do not adhere to sustainable and responsible fishing practices. Certification programs such as the MSC have implemented standards for sustainable and well-managed fisheries. Meeting these certification requirements acts as a constraint for players in the frozen tuna market, however, it is important for gaining consumer trust and access to certain markets.

On the contrary, the demand for frozen tuna is rising globally due to changing consumer preferences. Tuna is a rich source of high-quality protein, which is essential for muscle development, tissue repair, and overall health. With surging emphasis on protein-rich diets, frozen tuna is positioned as a convenient and versatile option for consumers seeking to meet their protein requirements. Tuna is abundant in omega-3 fatty acids, particularly EPA and DHA, which are known for their heart health benefits. Marketing frozen tuna as a natural source of these essential fatty acids attracts health-conscious consumers seeking foods which support cardiovascular well-being. Tuna is low in calories & fat, making it a suitable choice for individuals focused on weight management and maintaining a healthy diet. Furthermore, frozen tuna offers the convenience of longer storage without compromising nutritional value. With busy lifestyles, consumers seek quick & easy meal solutions; thus, promoting frozen tuna as a timesaving and nutritionally dense protein source resonates with individuals looking for hassle-free yet healthy meal options. Consumers are significantly concerned about sustainable and responsibly sourced seafood. Therefore, brands in the frozen tuna market are anticipated to gain a competitive edge by emphasizing eco-friendly fishing practices and transparent supply chains.

The key players profiled in this report include Brig-Star LLC, Chicken of the Sea, Dongwon Enterprise Company, High Liner Foods, Marine Harvest, Nippon Suisan Kaisha aka Nissui, Pescanova SA, SalMar ASA, Zoneco Group, and Tassal Group. The market players are continuously striving to gain one-upmanship in this competitive market using strategies such as collaborations and acquisitions.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the frozen tuna market analysis from 2022 to 2032 to identify the prevailing frozen tuna market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the frozen tuna market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global frozen tuna market trends, key players, market segments, application areas, and market growth strategies.

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Consumer Buying Behavior Analysis
End user preferences and pain points
Investment Opportunities
Upcoming/New Entrant by Regions
Technology Trend Analysis
Go To Market Strategy
Market share analysis of players by products/segments
Pain Point Analysis
Regulatory Guidelines
Strategic Recommedations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Market share analysis of players at global/region/country level

Key Market Segments

By Type

Frozen Albacore
Frozen Big Eye Ahi
Frozen Bluefin Tuna
Frozen Skipjack
Frozen Yellowfin Tuna

By Application

Supermarkets/ Hypermarkets
Convenience Stores
Specialty Stores
Online Retail

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- Russia
- Denmark
- Norway
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Taiwan
- Indonesia
- Rest of Asia-Pacific
LAMEA
- Brazil
- UAE
- Chile
- South Africa
- Rest of LAMEA

Key Market Players:

Brig-Star LLC
chicken of the sea
Dongwon Enterprise Company
High Liner Foods
Marine Harvest
Nippon Suisan Kaisha aka Nissui
Pescanova SA
SalMar ASA
Zoneco Group
Tassal Group

Product Code: A318745

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. Average Selling Price
3.6. Market Share Analysis
3.7. Brand Share Analysis
3.8. Trade Data Analysis
3.9. Product Consumption
3.10. Value Chain Analysis
3.11. Regulatory Guidelines
3.12. Key Regulation Analysis
3.13. Reimbursement Scenario
3.14. Patent Landscape

CHAPTER 4: FROZEN TUNA MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Frozen Albacore
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Frozen Big Eye Ahi
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Frozen Bluefin Tuna
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Frozen Skipjack
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Frozen Yellowfin Tuna
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country

CHAPTER 5: FROZEN TUNA MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Supermarkets/ Hypermarkets
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Convenience Stores
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Specialty Stores
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Online Retail
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country

CHAPTER 6: FROZEN TUNA MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Type
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Type
  - 6.2.4.1.2. Market size and forecast, by Application
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Type
  - 6.2.4.2.2. Market size and forecast, by Application
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Type
  - 6.2.4.3.2. Market size and forecast, by Application
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Type
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Market size and forecast, by Type
  - 6.3.4.1.2. Market size and forecast, by Application
  - 6.3.4.2. UK
  - 6.3.4.2.1. Market size and forecast, by Type
  - 6.3.4.2.2. Market size and forecast, by Application
  - 6.3.4.3. Russia
  - 6.3.4.3.1. Market size and forecast, by Type
  - 6.3.4.3.2. Market size and forecast, by Application
  - 6.3.4.4. Denmark
  - 6.3.4.4.1. Market size and forecast, by Type
  - 6.3.4.4.2. Market size and forecast, by Application
  - 6.3.4.5. Norway
  - 6.3.4.5.1. Market size and forecast, by Type
  - 6.3.4.5.2. Market size and forecast, by Application
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Market size and forecast, by Type
  - 6.3.4.6.2. Market size and forecast, by Application
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Type
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Type
  - 6.4.4.1.2. Market size and forecast, by Application
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Market size and forecast, by Type
  - 6.4.4.2.2. Market size and forecast, by Application
  - 6.4.4.3. India
  - 6.4.4.3.1. Market size and forecast, by Type
  - 6.4.4.3.2. Market size and forecast, by Application
  - 6.4.4.4. Taiwan
  - 6.4.4.4.1. Market size and forecast, by Type
  - 6.4.4.4.2. Market size and forecast, by Application
  - 6.4.4.5. Indonesia
  - 6.4.4.5.1. Market size and forecast, by Type
  - 6.4.4.5.2. Market size and forecast, by Application
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Market size and forecast, by Type
  - 6.4.4.6.2. Market size and forecast, by Application
6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Type
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Market size and forecast, by Type
  - 6.5.4.1.2. Market size and forecast, by Application
  - 6.5.4.2. UAE
  - 6.5.4.2.1. Market size and forecast, by Type
  - 6.5.4.2.2. Market size and forecast, by Application
  - 6.5.4.3. Chile
  - 6.5.4.3.1. Market size and forecast, by Type
  - 6.5.4.3.2. Market size and forecast, by Application
  - 6.5.4.4. South Africa
  - 6.5.4.4.1. Market size and forecast, by Type
  - 6.5.4.4.2. Market size and forecast, by Application
  - 6.5.4.5. Rest of LAMEA
  - 6.5.4.5.1. Market size and forecast, by Type
  - 6.5.4.5.2. Market size and forecast, by Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. Brig-Star LLC
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
8.2. chicken of the sea
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
8.3. Dongwon Enterprise Company
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.3.7. Key strategic moves and developments
8.4. High Liner Foods
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
8.5. Marine Harvest
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.5.7. Key strategic moves and developments
8.6. Nippon Suisan Kaisha aka Nissui
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
8.7. Pescanova SA
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
8.8. SalMar ASA
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
8.9. Zoneco Group
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.9.7. Key strategic moves and developments
8.10. Tassal Group
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments