Tuna Market is Expected to Grow at a CAGR of 4.0% | Size, Trends and Forecast by 2028

 The tuna market is expected to witness market growth at a CAGR of 4.0% in the forecast period of 2021 to 2028. Data Bridge Market Research report on tuna market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the consumer preferences for seafood in various cuisines on account of being a rich source of essential proteins, vitamins and minerals is escalating the growth of tuna market. This signifies that the tuna market value, which was USD 39.3 billion in 2020, will climb up to USD 53.78 billion by the year 2028.

Tuna belongs to the mackerel fish family and is very essential part of the worldwide fishing scenario. Tuna is enjoyed around the as freshly cooked, frozen, canned and as sushi. The flavour of tuna is very delicious and different from the taste of any other seafood.

Major factors that are expected to boost the growth of the tuna market in the forecast period are the rise in the utilization of seafood because of its rich taste, nutritious properties and fewer carbon footprints in comparison to the other meat and beef products. Furthermore, the rise in the health awareness is further anticipated to propel the growth of the tuna market. 

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Tuna Market Scope and Market Size

The tuna market is segmented on the basis of type, species and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of type, the tuna market is segmented into canned, frozen and fresh.
• On the basis of species, the tuna market is segmented into skipjack, yellowfin, albacore, bigeye, bluefin.
• On the basis of distribution channel, the tuna market is segmented into hypermarket and supermarket, specialty stores, online and others.

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Global Tuna Market Country Level Analysis

Global tuna market is analysed and market size, volume information is provided by country, type, species and distribution channel as referenced above.    

Asia-Pacific dominates the tuna market due to the rise in the number of restaurants that serve seafood. Furthermore, the arrival of online ordering platforms that also provide seafood cuisines will further boost the growth in the tuna market in the region during the forecast period. Middle East and Africa is projected to observe significant amount of growth in the tuna market due to the occurrences of key players. Furthermore, the rise in the consumption of seafood is further anticipated to propel the growth of the tuna market in the region in the coming years.

Competitive Landscape and Tuna Market Share Analysis

The major players covered in the tuna market report are:

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Thai Union Group PCL, Tri Marine, Starkist Co., FRINSA DEL NOROESTE S.A., Bumble Bee Foods LLC, Pacific American Fish Company, Inc., Jealsa, Grupo Calvo, Wild Planet Foods, PT. Aneka Tuna Indonesia, American Seafoods Company LLC, Ocean Brands Corp., Dongwon Group, GuoLian.Cn, Princes Foods, Natural Sea, HagoromoPacific Seafood, LEE FISHING, Phillips Foods, Inc., Mowi among other domestic and global players.

Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.