Tinned Fish Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The latest market analysis report by Fairfield Market Research reveals that the global Tinned Fish Market achieved a significant milestone in 2024, with sales totaling US$ 10.2 Billion. With a projected Compound Annual Growth Rate (CAGR) of 8% expected from 2024 to 2031, the market is set to reach an impressive valuation of US$ 17 Billion by the end of the forecast period.

Prominent Trends and Key Factors Shaping the Tinned Fish Market:

1. Shifting Consumer Preferences to Ready-to-Eat Food The market is strongly influenced by the shift in consumer preferences from traditional meals to convenient ready-to-eat options, driving the production of high-quality tinned fish products.

2. Health Benefits of Tinned Fish Tinned fish is increasingly recognized as a convenient and healthy food choice due to its rich content of omega-3 fatty acids, beneficial for heart and brain health, as well as its selenium content that counteracts mercury's adverse effects.

3. Urbanization and Population Growth Urbanization and a growing global population have led to increased fish consumption, with the sector's annual growth rate reaching 3.1%, surpassing other animal protein sources like meat and milk. In 2023, total fish consumption reached about 185 billion kilograms, marking a notable increase from the previous year.

4. Technological Advances in Canning The canning industry's technological advancements have addressed concerns related to food contamination, primarily caused by the corrosive nature of tin cans that can lead to bisphenol-A (BPA) formation. Innovations like polyester and acrylic linings in tin cans have enabled the production of high-quality tinned fish products that retain their flavor, freshness, and nutritional value.

Regional Market Opportunities:

Europe:

Europe demonstrated a considerable market size in 2023 and is anticipated to maintain growth in 2024. The region is expected to experience further expansion, reaching a significant valuation by 2031. Moreover, Europe has seen a notable increase in tinned fish consumption, particularly following the COVID-19 pandemic.

Country-wise Analysis:

United States: The tinned fish market in the United States is expected to see significant growth by 2031, with a substantial increase between 2024 and 2031. The market demonstrated consistent growth from 2019 to 2023 and is projected to continue this upward trend from 2024 to 2031. This growth is driven by the country's strong consumption of seafood and substantial imports.

United Kingdom: The tinned fish market in the United Kingdom is anticipated to achieve a notable valuation by 2031, with considerable growth expected between 2024 and 2031. From 2019 to 2023, the market saw steady growth, and it is expected to maintain this momentum from 2024 to 2031. The availability of abundant fish supply due to geographical advantages and government support in the fishing sector contributes to market expansion.

China: China's tinned fish market is predicted to reach a substantial valuation by 2031, with a significant increase in value between 2024 and 2031. The market showed consistent growth from 2019 to 2023 and is projected to experience even stronger growth from 2024 to 2031. The high consumption of seafood and a rising trend in fish consumption continue to drive market growth.

Japan: The tinned fish market in Japan is set to achieve a noteworthy valuation by 2031, with a substantial increase in value between 2024 and 2031. From 2019 to 2023, the market witnessed consistent growth, and it is expected to maintain a strong growth trajectory from 2024 to 2031. Japan's strong tradition of fish consumption in its cuisine, along with a preference for ready-to-cook options, contributes to market growth.

South Korea: The South Korean tinned fish market is projected to reach a significant valuation by 2031, with a notable increase in value between 2024 and 2031. The market experienced consistent growth from 2019 to 2023 and is anticipated to see accelerated growth from 2024 to 2031. A transition towards increased seafood consumption and dietary changes positively influences market growth.

Category-wise Insights:

Tuna Tinned Fish Tuna tinned fish is poised for secure growth, with a CAGR of over 5.4% expected from 2024 to 2031. Tuna's popularity is attributed to it being a rich source of protein and vitamins. In 2020, the United States alone consumed over 266 million canned tuna, accounting for 31% of global canned tuna production.

Competitive Analysis:

Key players in the Tinned Fish Market include Natural Sea, Crown Prince, Inc., Roland Foods, LLC., Bumble Bee Foods, LLC., Chicken of the Sea, John West, Karavela, Wild Planet, King Oscar, and Bar Harbor.

Segmentation of the Global Tinned Fish Market:

By Type:

Mackerel
Salmon
Sardines
Tuna

By Distribution Channel:

Supermarkets/Hypermarkets
Convenience Stores
Online Retail Channels

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

1. Executive Summary

1.1. Global Tinned Fish Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Analysis, 2018 - 2023

3.1. Global Average Price Analysis, by Type, US$ Per Ton, 2018 - 2023
3.2. Prominent Factor Affecting Tinned Fish Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit

4. Global Tinned Fish Market Outlook, 2018 - 2031

4.1. Global Tinned Fish Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Mackerel
  - 4.1.1.2. Salmon
  - 4.1.1.3. Sardines
  - 4.1.1.4. Tuna
4.2. Global Tinned Fish Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Supermarkets/Hypermarkets
  - 4.2.1.2. Convenience Stores
  - 4.2.1.3. Online Retail Channels
4.3. Global Tinned Fish Market Outlook, by Region, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. North America
  - 4.3.1.2. Europe
  - 4.3.1.3. Asia Pacific
  - 4.3.1.4. Latin America
  - 4.3.1.5. Middle East & Africa

5. North America Tinned Fish Market Outlook, 2018 - 2031

5.1. North America Tinned Fish Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Mackerel
  - 5.1.1.2. Salmon
  - 5.1.1.3. Sardines
  - 5.1.1.4. Tuna
5.2. North America Tinned Fish Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Supermarkets/Hypermarkets
  - 5.2.1.2. Convenience Stores
  - 5.2.1.3. Online Retail Channels
5.3. North America Tinned Fish Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. U.S. Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.2. U.S. Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.3. Canada Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 5.3.1.4. Canada Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Tinned Fish Market Outlook, 2018 - 2031

6.1. Europe Tinned Fish Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Mackerel
  - 6.1.1.2. Salmon
  - 6.1.1.3. Sardines
  - 6.1.1.4. Tuna
6.2. Europe Tinned Fish Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Supermarkets/Hypermarkets
  - 6.2.1.2. Convenience Stores
  - 6.2.1.3. Online Retail Channels
6.3. Europe Tinned Fish Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Germany Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.2. Germany Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.3. U.K. Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.4. U.K. Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.5. France Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.6. France Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.7. Italy Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.8. Italy Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.9. Turkey Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.10. Turkey Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.11. Russia Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.12. Russia Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.13. Rest of Europe Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 6.3.1.14. Rest of Europe Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Tinned Fish Market Outlook, 2018 - 2031

7.1. Asia Pacific Tinned Fish Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Mackerel
  - 7.1.1.2. Salmon
  - 7.1.1.3. Sardines
  - 7.1.1.4. Tuna
7.2. Asia Pacific Tinned Fish Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Supermarkets/Hypermarkets
  - 7.2.1.2. Convenience Stores
  - 7.2.1.3. Online Retail Channels
7.3. Asia Pacific Tinned Fish Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. China Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.2. China Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.3. Japan Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.4. Japan Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.5. South Korea Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.6. South Korea Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.7. South Korea Tinned Fish Market by End User, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.8. India Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.9. India Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.10. Southeast Asia Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.11. Southeast Asia Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.12. Rest of Asia Pacific Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 7.3.1.13. Rest of Asia Pacific Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Tinned Fish Market Outlook, 2018 - 2031

8.1. Latin America Tinned Fish Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Mackerel
  - 8.1.1.2. Salmon
  - 8.1.1.3. Sardines
  - 8.1.1.4. Tuna
8.2. Latin America Tinned Fish Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Supermarkets/Hypermarkets
  - 8.2.1.2. Convenience Stores
  - 8.2.1.3. Online Retail Channels
8.3. Latin America Tinned Fish Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Brazil Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.2. Brazil Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.3. Mexico Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.4. Mexico Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.5. Argentina Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.6. Argentina Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.7. Rest of Latin America Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 8.3.1.8. Rest of Latin America Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Tinned Fish Market Outlook, 2018 - 2031

9.1. Middle East & Africa Tinned Fish Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Mackerel
  - 9.1.1.2. Salmon
  - 9.1.1.3. Sardines
  - 9.1.1.4. Tuna
9.2. Middle East & Africa Tinned Fish Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Supermarkets/Hypermarkets
  - 9.2.1.2. Convenience Stores
  - 9.2.1.3. Online Retail Channels
9.3. Middle East & Africa Tinned Fish Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. GCC Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.2. GCC Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.3. South Africa Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.4. South Africa Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.5. Egypt Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.6. Egypt Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.7. Nigeria Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.8. Nigeria Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.9. Rest of Middle East & Africa Tinned Fish Market by Type, Value (US$ Mn) and Volume (Tons), 2018 - 2031
  - 9.3.1.10. Rest of Middle East & Africa Tinned Fish Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Company Market Share Analysis, 2023
10.2. Competitive Dashboard
10.3. Company Profiles
- 10.3.1. Natural Sea
  - 10.3.1.1. Company Overview
  - 10.3.1.2. Product Portfolio
  - 10.3.1.3. Financial Overview
  - 10.3.1.4. Business Strategies and Development
- 10.3.2. Crown Prince, Inc.
  - 10.3.2.1. Company Overview
  - 10.3.2.2. Product Portfolio
  - 10.3.2.3. Financial Overview
  - 10.3.2.4. Business Strategies and Development
- 10.3.3. Roland Foods, LLC.
  - 10.3.3.1. Company Overview
  - 10.3.3.2. Product Portfolio
  - 10.3.3.3. Financial Overview
  - 10.3.3.4. Business Strategies and Development
- 10.3.4. Bumble Bee Foods, LLC.
  - 10.3.4.1. Company Overview
  - 10.3.4.2. Product Portfolio
  - 10.3.4.3. Financial Overview
  - 10.3.4.4. Business Strategies and Development
- 10.3.5. Chicken of the Sea
  - 10.3.5.1. Company Overview
  - 10.3.5.2. Product Portfolio
  - 10.3.5.3. Financial Overview
  - 10.3.5.4. Business Strategies and Development
- 10.3.6. John West
  - 10.3.6.1. Company Overview
  - 10.3.6.2. Product Portfolio
  - 10.3.6.3. Financial Overview
  - 10.3.6.4. Business Strategies and Development
- 10.3.7. Karavela
  - 10.3.7.1. Company Overview
  - 10.3.7.2. Product Portfolio
  - 10.3.7.3. Financial Overview
  - 10.3.7.4. Business Strategies and Development
- 10.3.8. Wild Planet
  - 10.3.8.1. Company Overview
  - 10.3.8.2. Product Portfolio
  - 10.3.8.3. Financial Overview
  - 10.3.8.4. Business Strategies and Development
- 10.3.9. King Oscar
  - 10.3.9.1. Company Overview
  - 10.3.9.2. Product Portfolio
  - 10.3.9.3. Financial Overview
  - 10.3.9.4. Business Strategies and Development
- 10.3.10. Bar Harbor
  - 10.3.10.1. Company Overview
  - 10.3.10.2. Product Portfolio
  - 10.3.10.3. Financial Overview
  - 10.3.10.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations