Press Release

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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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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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

Consumer Goods and Retail | Jan, 2025

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.

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