Global Tuna Market Research Report Information by Species, By Type, By End User, By Distribution Channel, and By Region Forecast Till 2032

Description

List of Tables

Global Tuna Market Research Report Information by Species (Skipjack, Yellowfin, Albacore, Bigeye and Bluefin), By Type (Canned, Fresh and Frozen), By End User (Residential/Retail and Commercial/HoReCa), By Distribution Channel (Store Based and Non-Store Based), and By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) Forecast Till 2032

Market Overview

In 2023, the tuna market was estimated to be worth USD 39.54 billion. The tuna market industry is anticipated to experience a compound annual growth rate (CAGR) of 3.20% from 2024 to 2032, resulting in a total value of USD 52.68 billion by 2032.

One of the primary factors driving the tuna industry is the global increase in seafood consumption.

One of the primary factors driving the tuna industry is the global increase in seafood consumption. The demand for tuna has increased substantially as more individuals become aware of the health benefits of consuming fish, particularly its high protein content and essential omega-3 fatty acids. Tuna is particularly popular due to its availability and adaptability. The market is expected to expand as consumers increasingly opt for nutrient-dense foods in response to their increasing desire for healthful eating habits.

Market segment insights

The Tuna Market is segmented by species, including Skipjack, Yellowfin, Albacore, Bigeye, and Bluefin.

The market is segmented by type, which includes canned, fresh, and frozen.

The market is categorized into Residential/Retail and Commercial/HoReCa based on the end user.

Store Based and Non-Store Based comprise the Tuna Market segmentation, which is determined by distribution channels.

Regional Perspectives on Tuna

In 2023, the European tuna market is projected to have the highest market share at 36.1% and a compound annual growth rate (CAGR) of 3.2%.

Canned tuna remains a fixture in both households and restaurants throughout North America. Its ongoing popularity is primarily due to its versatility in a variety of recipes, including sandwiches, salads, and casseroles, as well as its convenience and extended shelf life. The tinned tuna industry is primarily dominated by Starkist, Bumble Bee, and Chicken of the Sea, which provide a diverse selection of products, including plain and flavored options, to accommodate a broad spectrum of consumer preferences.

The Asia-Pacific market value is expected to increase at a compound annual growth rate (CAGR) of 6.52% from USD 9,807.19 in 2023 to USD 16,257.46 in 2032 for the duration of the forecast period. The market analysis encompasses the following countries: China, Japan, India, Australia & New Zealand, South Korea, and the Rest of Asia-Pacific. Due to the widespread consumption of tuna among a variety of consumer groups, India continues to maintain a substantial market presence in the tuna industry.

A combination of consumption habits, trade dynamics, and regulatory frameworks that define Europe's industry environment have a substantial impact on the global tuna market. Tuna is a significant ingredient in European cuisine, and it is consumed in both preserved and fresh forms throughout the continent. The convenience and extended shelf life of canned tuna have made it a popular choice in Europe. It is a frequently used component in pasta dishes, salads, and sandwiches.

Major Players

Bolton Group, Century Pacific Food, Inc. (CNPF), Salica Industria Alimentaria, American Tuna, Frinsa, Golden Prize Canning Co., Ltd., Bumble Bee Foods, LLC, Dongwon Group, Crown Prince, Inc., and Monsoon Fisheries are among the key companies in the tuna market.

Product Code: MRFR/F-B & N/38463-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING GLOBAL SEAFOOD CONSUMPTION
- 4.2.2 RISING AWARENESS OF THE HEALTH BENEFITS OF FISH
- 4.2.3 GROWING DEMAND FOR SUSTAINABLY SOURCED TUNA
4.3 CHALLENGES
- 4.3.1 OVERFISHING AND THE DEPLETION OF TUNA STOCKS
- 4.3.2 STRICTER FISHING REGULATIONS
4.4 RESTRAIN
- 4.4.1 LIMIT SUPPLY AND INCREASE COSTS FOR TUNA
4.5 OPPORTUNITY
- 4.5.1 ECO-FRIENDLY FISHING PRACTICES
- 4.5.2 RISE OF E-COMMERCE AND DIGITAL MARKETING
4.6 STRATEGIC INSIGHTS
- 4.6.1 TECHNOLOGY UPDATE
- 4.6.2 REGIONAL MARKETS TO LOOKOUT FOR
4.7 REGULATORY UPDATE
4.8 MARKET TRENDS
4.9 IMPACT ANALYSIS OF COVID-19
- 4.9.1 IMPACT ON OVERALL FOOD INDUSTRY
  - 4.9.1.1 ECONOMIC IMPACT
- 4.9.2 IMPACT ON GLOBAL TUNA MARKET
- 4.9.3 IMPACT ON THE SUPPLY CHAIN OF TUNA
- 4.9.4 IMPACT ON MARKET DEMAND OF TUNA
  - 4.9.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.9.4.2 CONSUMER SENTIMENTS
- 4.9.5 IMPACT ON PRICING OF TUNA
- 4.9.6 CONSUMER BEHAVIOR ANALYSIS

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 MANUFACTURING / PRODUCTION/ PROCESSING
- 5.1.3 PACKING
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
  - 5.2.1.1 RAW MATERIAL SUPPLIERS
  - 5.2.1.2 MANUFACTURERS
  - 5.2.1.3 DISTRIBUTION CHANNEL
  - 5.2.1.4 END USER
- 5.2.2 INTEGRATION LEVEL
- 5.2.3 KEY ISSUES ADDRESSED (KEY SUCCESS FACTORS)
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 BARGAINING POWER OF SUPPLIERS
- 5.3.2 BARGAINING POWER OF BUYERS
- 5.3.3 THREAT OF NEW ENTRANTS
- 5.3.4 THREAT OF SUBSTITUTES
- 5.3.5 INTENSITY OF RIVALRY

6 GLOBAL TUNA MARKET, BY SPECIES

6.1 INTRODUCTION
6.2 SKIPJACK TUNA
6.3 YELLOWFIN TUNA
6.4 ALBACORE TUNA
6.5 BIGEYE TUNA
6.6 BLUEFIN TUNA

7 GLOBAL TUNA MARKET, BY TYPE

7.1 INTRODUCTION
7.2 CANNED
7.3 FRESH
7.4 FROZEN

8 GLOBAL TUNA MARKET, BY END USER

8.1 INTRODUCTION
8.2 RESIDENTIAL/RETAIL
8.3 COMMERCIAL/HORECA

9 GLOBAL TUNA MARKET, BY DISTRIBUTION CHANNEL

9.1 INTRODUCTION
9.2 STORE BASED
9.3 NON-STORE BASED

10 GLOBAL TUNA MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
- 10.2.1 UNITED STATES
- 10.2.2 CANADA
- 10.2.3 MEXICO
- 10.2.4 US
- 10.2.5 CANADA
- 10.2.6 MEXICO
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 FRANCE
- 10.3.3 UK
- 10.3.4 SPAIN
- 10.3.5 ITALY
- 10.3.6 REST OF EUROPE
- 10.3.7 GERMANY
- 10.3.8 FRANCE
- 10.3.9 UK
- 10.3.10 SPAIN
- 10.3.11 ITALY
- 10.3.12 REST OF EUROPE
10.4 ASIA PACIFIC
- 10.4.1 CHINA
- 10.4.2 INDIA
- 10.4.3 JAPAN
- 10.4.4 SOUTH KOREA
- 10.4.5 AUSTRALIA AND NEW ZEALAND
- 10.4.6 REST OF ASIA PACIFIC
- 10.4.7 CHINA
- 10.4.8 INDIA
- 10.4.9 JAPAN
- 10.4.10 SOUTH KOREA
- 10.4.11 AUSTRALIA & NEW ZEALAND
- 10.4.12 REST OF ASIA PACIFIC
10.5 SOUTH AMERICA
- 10.5.1 BRAZIL
- 10.5.2 ARGENTINA
- 10.5.3 SOUTH AMERICA
- 10.5.4 BRAZIL
- 10.5.5 ARGENTINA
- 10.5.6 REST OF SOUTH AMERICA
10.6 MIDDLE EAST AND AFRICA
- 10.6.1 GULF COOPERATION COUNCIL (GCC) COUNTRIES
- 10.6.2 TURKEY
- 10.6.3 NORTHERN AFRICA
- 10.6.4 SOUTHERN AFRICA
- 10.6.5 GCC COUNTRIES
- 10.6.6 TURKEY
- 10.6.7 NORTHERN AFRICA
- 10.6.8 SOUTHERN AFRICA

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 COMPETITION DASHBOARD
- 11.2.1 PRODUCT PORTFOLIO
- 11.2.2 REGIONAL PRESENCE
- 11.2.3 STRATEGIC ALLIANCES
- 11.2.4 INDUSTRY EXPERIENCES
11.3 MARKET SHARE ANALYSIS, 2022
11.4 THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL RADIATION ONCOLOGY MARKET
11.5 LIST OF KEY PLAYERS, BY COUNTRY
11.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.6.1 PRODUCT LAUNCH
- 11.6.2 PARTNERSHIP & COLLABORATION
- 11.6.3 EXPANSION & ACQUISITION
- 11.6.4 INVESTMENT

12 COMPANY PROFILES

12.1 BOLTON GROUP.
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGY
12.2 CENTURY PACIFIC FOOD, INC. (CNPF)
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 PRODUCTS OFFERED
- 12.2.3 SWOT ANALYSIS
- 12.2.4 KEY STRATEGY
12.3 SALICA INDUSTRIA ALIMENTARIA
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 PRODUCTS OFFERED
- 12.3.3 SWOT ANALYSIS
- 12.3.4 KEY STRATEGY
12.4 AMERICAN TUNA
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 PRODUCTS OFFERED
- 12.4.3 SWOT ANALYSIS
- 12.4.4 KEY STRATEGY
12.5 FRINSA
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 PRODUCTS OFFERED
- 12.5.3 KEY DEVELOPMENTS
- 12.5.4 SWOT ANALYSIS
- 12.5.5 KEY STRATEGY
12.6 GOLDEN PRIZE CANNING CO., LTD.
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 PRODUCTS OFFERED
- 12.6.3 SWOT ANALYSIS
- 12.6.4 KEY STRATEGY
12.7 BUMBLE BEE FOODS, LLC
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 PRODUCTS OFFERED
- 12.7.3 KEY DEVELOPMENTS
- 12.7.4 SWOT ANALYSIS
- 12.7.5 KEY STRATEGY
12.8 DONGWON GROUP
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 PRODUCTS OFFERED
- 12.8.3 KEY DEVELOPMENTS
- 12.8.4 SWOT ANALYSIS
- 12.8.5 KEY STRATEGY
12.9 CROWN PRINCE, INC.
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 PRODUCTS OFFERED
- 12.9.3 KEY DEVELOPMENTS
- 12.9.4 SWOT ANALYSIS
- 12.9.5 KEY STRATEGY
12.10 MONSOON FISHERIES
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 PRODUCTS OFFERED
- 12.10.3 SWOT ANALYSIS
- 12.10.4 KEY STRATEGY
12.11 DATA CITATIONS