Tuna Market Grow with a CAGR of 3.65% through 2030F
The global Tuna market is expected to grow in the future, owing to rising demand for healthy, protein-rich foods, increased
consumption in emerging economies, sustainability initiatives, expanding canned
tuna options, and innovations in packaging.
According to
TechSci Research report, “Tuna Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the global Tuna
market stood at USD 39.76 billion
in 2024 and is expected to grow USD 46.31 billion by
2030 with a CAGR of 3.65% during the forecast period. The global Tuna market is
experiencing significant growth owing to the increasing consumer awareness of
the health benefits of tuna, such as its high protein content and omega-3 fatty
acids, is fueling demand, particularly in health-conscious demographics. The
rising popularity of convenient, ready-to-eat tuna products like canned,
frozen, and pre-packaged meals is another significant factor, catering to busy
lifestyles. Also, the growing preference for sustainable and responsibly
sourced seafood is pushing brands to adopt more eco-friendly fishing practices
and certifications, such as MSC (Marine Stewardship Council). Tuna's versatility
in a wide range of culinary applications, including salads, sandwiches, and
sushi, also contributes to its widespread appeal.
The global Tuna market is being driven by the increasing demand for premium and high-quality tuna, particularly in the sushi and sashimi markets. Consumers are willing to pay a premium for fresh, high-grade tuna, which has led to a rise in demand for tuna species like bluefin and yellowfin in upscale restaurants and gourmet food markets. Another growth factor is the increasing availability of frozen and vacuum-sealed tuna, which helps to extend shelf life, preserve freshness, and cater to global trade. As refrigeration technology improves, tuna can be transported longer distances, opening new markets.Also, innovations in tuna packaging, such as eco-friendly and recyclable materials, are aligning with growing environmental awareness. This appeals to eco-conscious consumers who prefer sustainable products. Finally, the rise in subscription-based services offering canned or fresh tuna directly to consumers is creating new opportunities for market expansion, especially in urban areas.
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"Global Tuna Market”
The global Tuna market
is segmented into species, type, end user, distribution channel, and region.
Based on the distribution
channel, the online segment is the fastest growing in the global Tuna market, owing
to the increasing consumer reliance on e-commerce for convenience and product
accessibility. Online platforms provide easy access to a wide range of tuna
products, including fresh, canned, and frozen options, with the ability to
compare prices, read reviews, and enjoy home delivery. Also, the growing trend
of subscription-based services, where consumers can receive regular shipments
of their preferred tuna, is contributing to the rise of the online segment. The
shift toward online shopping is particularly evident in urban areas, where busy
lifestyles make e-commerce more appealing.
Based on the
region, Middle East & Africa is the fastest-growing region in the global Tuna
market, owing to the increasing demand for canned tuna. This growth is largely
attributed to the rising popularity of convenient, ready-to-eat products in the
region, particularly among busy consumers seeking affordable protein sources. Also,
the region's food supply chain network has seen significant advancements,
improved distribution efficiency and making tuna products more accessible.
This, coupled with the expansion of retail and food service sectors, has fueled
the rise in tuna consumption. As a result, the MEA region is expected to
continue its strong growth trajectory in the global tuna market, supported by
evolving consumer preferences and infrastructure developments.
Major companies
operating in the global Tuna market are:
- Bolton
Group S.r.l.
- Century
Pacific Food Incorporated
- Albacora
SA
- Thai
Union Group Plc
- Dongwon
Industries Ltd
- IBL
Ltd
- FCF
Co., Ltd
- Sea
Delight, LLC
- Crown
Prince, Inc.
- Monsoon
Fisheries
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“The global Tuna
market is expected to growth in the upcoming years owing to the increasing
demand for canned tuna and advancements in the food supply chain, the rising
focus on sustainability has played a significant role. With growing awareness
about overfishing and environmental impact, consumers and brands alike are
shifting toward responsibly sourced tuna. This shift is encouraging the growth
of certified sustainable tuna products, which are increasingly available in
retail and foodservice markets. Also,
the demand for tuna is being bolstered by the growing popularity of
high-protein, low-fat diets, especially among health-conscious consumers. Tuna
is a versatile ingredient, making it a favorite in various cuisines, from
salads to sandwiches, and even sushi, contributing to its wide appeal. With
these factors combined—sustainability trends, health consciousness, and evolving
product offerings, the global tuna market is positioned for sustained growth.,”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
"Tuna Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Species (Skipjack, Albacore,
Yellowfin, Bigeye, Bluefin), By Type (Fresh, Frozen, Canned), By End User
(Residential, Commercial), By Distribution Channel (Online, Offline), By Region & Competition, 2020-2030F”,
has evaluated the future growth potential of global Tuna market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and opportunities
in the global Tuna market.
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