PUBLISHER: Polaris Market Research | PRODUCT CODE: 1720564
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1720564
The canned tuna fish market size is expected to reach USD 31.72 billion by 2034, according to a new study by Polaris Market Research. The report "Canned Tuna Fish Market Size, Share, Trends, Industry Analysis Report: By Product Type (Skipjack Tuna, Albacore Tuna, Yellowfin Tuna, and Others), Packaging, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Canned tuna fish refers to tuna that is preserved through canning, a process that involves cooking the fish and sealing it in a can to maintain its freshness for long periods. The canned tuna fish market demand has surged globally due to the increasing popularity of seafood in various cuisines. People are increasingly seeking healthier alternatives to red meat. Tuna, known for its high protein content and low-fat profile, is becoming a staple in many households. Canned tuna offers an affordable and convenient source of seafood, which has contributed to its growing consumption.
The rising popularity of seafood in global cuisine has been a key driver of the canned tuna fish market expansion. Tuna is becoming an accessible option as consumers explore various culinary traditions, leading to increased consumption of dishes from salads to sushi. The ability to incorporate tuna into numerous recipes has expanded its appeal beyond traditional seafood lovers.
Affordable pricing plays a significant role in the canned tuna fish market expansion. Compared to fresh fish, canned tuna is cost-effective, making it a viable choice for individuals and families on a budget. Furthermore, the long shelf life of canned tuna makes it an attractive option for consumers who want to store food for longer periods without worrying about spoilage. These factors combined have contributed to the growing demand for canned tuna fish across the globe.
The skipjack tuna segment, by product type, leads the canned tuna fish market share in 2024 due to its affordability, availability, and sustainability, driving consumer preference for cost-effective, protein-rich seafood options globally.
Based on packaging, the canned in water segment is expected to grow rapidly during the forecast period, driven by health-conscious consumers seeking low-fat, high-protein seafood options.
North America dominates the canned tuna fish market revenue share due to high consumer demand for protein-rich convenience foods, a strong seafood industry, advanced processing facilities, and expanding retail and e-commerce distribution channels.
A few global key market players are Bumble Bee Foods, Century Pacific Food Inc., Dongwon Group, Nauterra, Ocean's, Princes Foods, StarKist Co, Thai Union Group PCL., Tri Marine Group, and Wild Planet Foods.
Polaris Market Research has segmented the canned tuna fish market report on the basis of product type, packaging, end use, and region: