PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1449610
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1449610
Global Vegan Tuna Market, By Source, By Application, By Distribution Channel, By Geography
Global Vegan Tuna Market size is valued at US$ 273.2 Million in 2024 and is expected to reach US$ 426.8 Million by 2031, growing at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2023/2024: | US$ 273.2 Mn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 - 2031 |
| Forecast Period 2023/2024 to 2030/2031 CAGR: | 6.60% | 2030/2031 Value Projection: | US$ 426.8 Mn |
The global vegan tuna market has witnessed substantial growth in the recent years. Vegan tuna is a plant-based alternative to tuna that aims to provide a similar taste and texture to real tuna without involving animal products. Rising health and environmental concerns among consumers have increased the demand for sustainable and plant-based food options. Manufacturers are developing innovative vegan tuna products using ingredients like legumes, grains, seaweed, and nuts to closely mimic the sensory attributes of conventional tuna. The market is expected to grow exponentially in the coming years due to the increasing flexitarian and vegan populations worldwide.
Market Dynamics:
The major drivers contributing to the growth of the global vegan tuna market include rising awareness about the health benefits of plant-based and sustainable foods, a growing vegan and vegetarian demographic, and increasing cases of (IUU) illegal, unreported and unregulated fishing. Certain constraints affecting the market are higher prices for vegan tuna compared to conventional tuna and challenges regarding taste replication. Vegans and flexitarians seeking tuna-like experience and taste in their diet present an opportunity for market expansion. Favorable regulations promoting vegan food products will further encourage new product launches. The global vegan tuna market is driven by growing health concerns related to mercury levels in seafood and sustainability issues in commercial fishing. Rising awareness about the environmental impacts of overfishing and threats to endangered fish species is fueling demand for plant-based tuna alternatives. Research indicates that vegan tuna contains healthier fats and nutrients compared to conventional canned tuna and appeals to both vegan and flexitarian consumers. Furthermore, innovative product launches that closely mimic the taste and eating experience of tuna are helping the market gain ground.
Key features of the study:
- This report provides in-depth analysis of the global vegan tuna market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global vegan tuna market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Vegan ZeaStar's tuna, Sophie's Kitchen Plant-Based Toona, Good Catch Plant-Based Tuna, Worthington Meatless Tuna, Loma Linda TUNO, May Wah Vegan Delicious Tuna, Cedarlane No Tuna Salad, Jinka Vegan Tuna Spread, Vegetarian Plus Vegan Tuna Roll.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global vegan tuna market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vegan tuna market
Detailed Segmentation:
- Global Vegan Tuna Market, By Source:
- Wheat
- Seaweed
- Lentils
- Yeast
- Chickpeas
- Global Vegan Tuna Market, By Application:
- Salad
- Spread
- Pie
- Noodles
- By Global Vegan Tuna Market, By Distribution Channel:
- Convenience Stores
- Supermarkets
- Specialty Food Stores
- Online Retail
- Global Vegan Tuna Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Top Companies in Global Vegan Tuna market:
- Vegan ZeaStar's tuna
- Sophie's Kitchen Plant-Based Toona
- Good Catch Plant-Based Tuna
- Worthington Meatless Tuna
- Loma Linda TUNO
- May Wah Vegan Delicious Tuna
- Cedarlane No Tuna Salad
- Jinka Vegan Tuna Spread
- Vegetarian Plus Vegan Tuna Roll
Table of Content:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purerview
- Report Description
- Market Definition and Scope
- Market Snippet, By Type
- Market Snippet, By Source
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Growing health consciousness among consumers
- Increasing Concern for Animal Welfare is Boosting the Vegan Tuna Market Growth
- Restraints
- Higher Prices Compared to Conventional Tuna can Hamper Growth
- Opportunities
- Growth in foodservice industry and online retail platforms
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Vegan Tuna Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Vegan Tuna Market, By Source, 2019 - 2031 ( US$ Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019- 2031
- Segment Trends
- Wheat
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Soy Based Protein Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Seaweed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Lentils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Yeast
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Chickpeas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
6. Global Vegan Tuna Market, By Application, 2019 - 2031 ( US$ Mn)
- Introduction
- Market Share Analysis, 2024 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Salad
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Spread
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Pie
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Noodles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
7. Global Vegan Tuna Market, By Distribution Channel: 2019 - 2031 ( US$ Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019- 2031
- Segment Trends
- Convenience Stores, 2019 - 2031( US$ Mn)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Supermarkets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
- Specialty Food Stores, 2019 - 2031( US$ Mn)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2024-2031, (US$ Mn)
8. Global Vegan Tuna Market, By Region, 2019 - 2031 ( US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2024 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2019 -2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Mn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Mn)
- China
- India
- Japan
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031,(US$ Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel2024-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/ Region, 2024-2031,(US$ Mn)
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East
9. Company Profiles - Global Vegan Tuna Market
- Vegan ZeaStar's tuna
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Sophie's Kitchen Plant-Based Toona
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Good Catch Plant-Based Tuna
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Worthington Meatless Tuna
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Loma Linda TUNO
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- May Wah Vegan Delicious Tuna
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Cedarlane No Tuna Salad
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Jinka Vegan Tuna Spread
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Vegetarian Plus Vegan Tuna Roll
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
10. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact
