Global Canned Tuna Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025

Report ID: BMRC 317 | Number of pages: 192 | Publish Date: Aug 2019 | Publisher: BMRC | Category: Food and Beverages
Canned Tuna Market is valued at USD 10767.3 Million in 2018 and expected to reach USD 14141.8 Million by 2024 with the CAGR of 3.97% over the forecast period. Increasing awareness regarding healthy food products is driving the growth of Global Canned Tuna Market.
	
Tuna canning started to create substitute of canned sardines which is now become one of popular seafood products in USA. These are mainly sold in supermarkets or in foodservice outlets, delis, or in tuna sandwiches. The main type of commercial tuna products are albacore or a mixture of skipjack and yellowfin tuna. Light tuna, consists of skipjack and small amounts of yellowfin, and this package is the less expensive product and represents one of the largest portions of canned tuna sales. Generally yellowfin, bigeye, or albacore tuna are sold in retail stores and restaurants as fresh or frozen tuna loins or steaks. High quality or "sushi grade" bigeye and bluefin tuna are expensive and served as luxury foods in high end restaurants and are usually used in sushi and sashimi dishes.

Global Canned Tuna Market report is segmented on the basis of species type, end user and regional & country level. Based upon type, global canned tuna market is classified as Albacore, Skipjack Tuna, Yellowfin Tuna, Bigeye Tuna, and Bluefin Tuna. Based upon end user, global canned tuna market is classified as foodservice and households. Based upon sales channel, global canned tuna market is classified as direct, indirect, specialty stores, hypermarkets/supermarkets, online retailers and others

The regions covered in this Global Canned Tuna market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Canned Tuna is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc. 

Key Players for Global Canned Tuna Market Report: Global Canned Tunamarket report covers prominent players like American Tuna, Bumble Bee Foods, Dongwon Industries, Thai Union Group, The Tuna Store, Wild Planet, Crown Prince Inc., Natural Sea, Century Pacific Food, Frinsa del Noroeste, Hagoromo and others.

Increasing Awareness Regarding Healthy Food Products is Driving the Global Canned Tuna Market.: Tuna is one of the most widely used seafood products in the world, from which more than 75% of catch tunas are used by canning industry and 25% for direct consumption. As these products can be stored for long time by freezing, by storing it in ultra-low temperature, in air tight cans and can be used easily, the demand of canned tuna is growing in global market. Around 3,300,000 metric tonne canned tunas are sold per year worldwide, making it one of the two most sold sea food of the world. 

The canned tuna are used as ingredient and main dishes for various food varieties. For example, in USA, about 52% of canned tuna is used for sandwiches, 22% for salads, and 15% for tuna casseroles and dried, prepackaged meal kits. Canned tuna is a great protein source with many nutrients such as selenium and vitamin D, due to which the its demand is always present among the customers who are health conscious. One of the restraining factors is, the tunas are often caught far from where they are processed for canning, so poor temporary conservation can results in decay.

Europe is Expected to Dominate the Global Canned Tuna Market: The main market for canned tuna is Europe and North America. These two regions market are integrated globally and have a single interdependent market. The traditional market is maturing in these regions as consumption level is stabilizing in Europe and declining in US. The canned tuna market in these regions is mainly depending upon demand from Middle East, Latin America and other emerging markets of Eastern Europe and Asia. The growing canned tuna market of Latin America accounts for 14.93% of world canned tuna consumption.

European market of canned tuna combines robust demand with high price and still the most consumed sea food is canned tuna, with consumption per person amounts to 2.02 kg in 2012 according to EUMOFA, 2015. U.S. is the second largest in terms of volume after Europe and in 2015, canned tuna has house hold penetration of around 67%. Its huge market depends on export oriented tuna canning industry in Japan & Thailand. 

In case of Asia pacific, demand for canned tuna is increasing due to availability of cheaper raw materials. In Japan, imports of canned tuna are increased marginally that is 3.5%, in Malaysia by 31%, in Singapore by 8.4% and in Korea by 28% according to Food and Agriculture Organization (FAO) of UN. Also consumer demand of shelf-stable canned tuna is helping the canned tuna market to grow in south Asian’s urban regions.

Global Canned Tuna Market Segmentation:

By Type:

•	Albacore
•	Skipjack Tuna
•	Yellowfin Tuna
•	Bigeye Tuna
•	Bluefin Tuna

By End-user:

•	Foodservice 
•	Households 

By Sales Channel:

•	Direct
•	Indirect
•	Specialty Stores
•	Hypermarkets/Supermarkets
•	Online Retailers
•	Others

This comprehensive report will provide:

• Enhance your strategic decision making
• Assist with your research, presentations and business plans
• Show which emerging market opportunities to focus on
• Increase your industry knowledge
• Keep you up-to-date with crucial market developments
• Allow you to develop informed growth strategies
• Build your technical insight
• Illustrate trends to exploit
• Strengthen your analysis of competitors
• Provide risk analysis, helping you avoid the pitfalls other companies could make
• Ultimately, help you to maximize profitability for your company.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2017?
• How will each segment grow over the forecast period and how much revenue will these segment account for in 2025?
• Which region has more opportunities?
Table of Content
1. Chapter - Report Methodology
1.1. Research Process 
1.2. Primary Research 
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model 
1.7. USP’s of Report 
1.8. Report Description 
2. Chapter – Global  Canned Tuna Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary 
2.3.  Canned Tuna Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Canned Tuna Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis 
2.9.1. Market Attractiveness Analysis by Segmentation 
2.9.2. Market Attractiveness Analysis by Region 
3. Chapter - Global  Canned Tuna Market Overview: Quantitative Analysis
3.1.  Canned Tuna Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2015 – 2025
3.2.  Canned Tuna Market Consumption (Unit), Market Share (%) and Growth Rate, 2015 – 2025
4. Chapter – Canned Tuna Market Analysis: by Product Type
4.1.  Canned Tuna Market Revenue (USD Million), by Product Type, 2015 – 2025
4.2.  Canned Tuna Market Consumption (Unit), Product Type, 2015 – 2025
4.3.  Canned Tuna Market Share (%), by Product Type, 2017
4.4.  Canned Tuna Market Revenue Growth Rate (%), by Product Type, 2015 – 2025
5. Chapter – Canned Tuna Market Analysis: by Distribution Channel
5.1.  Canned Tuna Market Revenue (USD Million), by Distribution Channel, 2015 – 2025
5.2.  Canned Tuna Market Consumption (Unit), Distribution Channel, 2015 – 2025
5.3.  Canned Tuna Market Share (%), by Distribution Channel, 2017
5.4.  Canned Tuna Market Revenue Growth Rate (%), by Distribution Channel, 2015 – 2025
6. Chapter -  Canned Tuna Market Analysis: by Manufacturer 
6.1.  Canned Tuna Market Revenue (USD Million), by Manufacturer, 2015 – 2025
6.2.  Canned Tuna Market Consumption (Unit), Manufacturer, 2015 – 2025
6.3.  Canned Tuna Market Share (%), by Manufacturer, 2017
6.4.  Canned Tuna Market Price (USD/Unit), by Manufacturer, 2015 – 2025
6.5.  Canned Tuna Market Gross Margin (USD/Unit), by Manufacturer, 2015 – 2025
6.6.  Canned Tuna Market Gross Profit (USD/Unit), by Manufacturer, 2015 – 2025
6.7.  Canned Tuna Market Revenue Growth Rate (%), by Manufacturer, 2015 – 2025
6.8. Merger & Acquisition
6.9. Collaborations and Partnership
6.10. New Product Launch
7. Chapter – Canned Tuna Market: Regional Analysis
7.1. North America
7.1.1. North America Canned Tuna Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
7.1.2. North America Canned Tuna Market Revenue (USD Million) By Country, 2015 – 2025.
7.1.3. North America Canned Tuna Revenue Market Share (%) By Country, 2015 – 2025.
7.1.4. North America Canned Tuna Consumption (Unit) and Growth Rate (%), 2015 – 2025.
7.1.5. North America Canned Tuna Market Consumption (Unit) By Country, 2015 – 2025.
7.1.6. North America Canned Tuna Consumption Market Share (%) By Country, 2015 – 2025.
7.2. Europe
7.2.1. Europe Canned Tuna Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
7.2.2. Europe Canned Tuna Market Revenue (USD Million) By Country, 2015 – 2025.
7.2.3. Europe Canned Tuna Revenue Market Share (%) By Country, 2015 – 2025.
7.2.4. Europe Canned Tuna Consumption (Unit) and Growth Rate (%), 2015 – 2025.
7.2.5. Europe Canned Tuna Market Consumption (Unit) By Country, 2015 – 2025.
7.2.6. Europe Canned Tuna Consumption Market Share (%) By Country, 2015 – 2025.
7.3. Asia Pacific
7.3.1. Asia Pacific Canned Tuna Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
7.3.2. Asia Pacific Canned Tuna Market Revenue (USD Million) By Country, 2015 – 2025.
7.3.3. Asia Pacific Canned Tuna Revenue Market Share (%) By Country, 2015 – 2025.
7.3.4. Asia Pacific Canned Tuna Consumption (Unit) and Growth Rate (%), 2015 – 2025.
7.3.5. Asia Pacific Canned Tuna Market Consumption (Unit) By Country, 2015 – 2025.
7.3.6. Asia Pacific Canned Tuna Consumption Market Share (%) By Country, 2015 – 2025.
7.4. Latin America
7.4.1. Latin America Canned Tuna Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
7.4.2. Latin America Canned Tuna Market Revenue (USD Million) By Country, 2015 – 2025.
7.4.3. Latin America Canned Tuna Revenue Market Share (%) By Country, 2015 – 2025.
7.4.4. Latin America Canned Tuna Consumption (Unit) and Growth Rate (%), 2015 – 2025.
7.4.5. Latin America Canned Tuna Market Consumption (Unit) By Country, 2015 – 2025.
7.4.6. Latin America Canned Tuna Consumption Market Share (%) By Country, 2015 – 2025.
7.5. Middle East & Africa
7.5.1. Middle East &Africa Canned Tuna Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
7.5.2. Middle East &Africa Canned Tuna Market Revenue (USD Million) By Country, 2015 – 2025.
7.5.3. Middle East &Africa Canned Tuna Revenue Market Share (%) By Country, 2015 – 2025.
7.5.4. Middle East &Africa Canned Tuna Consumption (Unit) and Growth Rate (%), 2015 – 2025.
7.5.5. Middle East &Africa Canned Tuna Market Consumption (Unit) By Country, 2015 – 2025.
7.5.6. Middle East &Africa Canned Tuna Consumption Market Share (%) By Country, 2015 – 2025.
8. Chapter - Company Profiles
8.1. Thai Union Group
8.1.1. Overview
8.1.2. Financials
8.1.3. Product portfolio
8.1.4. Thai Union Group Total Company Sales 2015-2025 
8.1.5. Thai union Group Total Company Sales, By Segment of Business 2015-2025
8.1.6. Thai Union Group Total Company Sales, By Region 2015-2025 
8.1.7. Business strategy
8.1.8. Recent developments
8.2. StarKist
8.3. The Tuna Store LLC
8.4. Wild Planet
8.5. American Tuna, Inc.
8.6. Trader Joe
8.7. Safeway, Inc.
8.8. Trimarine International 
8.9. Bumble Bee Foods
8.10. Others
9. Chapter – Market Research and Findings
 
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