Canned Tuna Market Scope And Analysis

Canned Tuna Market Report Scope

REGIONAL ANALYSIS

The report provides a detailed overview of the global canned tuna market with respect to five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Europe accounted for the largest global canned tuna market share, and the market in the region was valued at ~US$ 4,557.62 million in 2023. The market in Asia Pacific is expected to reach ~US$ 2,889.09 million by 2031. The canned tuna market in North America is expected to record a CAGR of ~3% during 2023–2031. The demand for canned tuna is significant in North America due to several growth drivers related to market dynamics and consumer preferences. The convenience factor significantly drives the demand for canned tuna in the region. With busy lifestyles and increasing time constraints, consumers in the region seek convenient and easy-to-prepare meal options that require minimal effort. Canned tuna fits this need perfectly, offering a quick and versatile protein source for various recipes such as sandwiches, salads, and pastas. A four-ounce serving of white tuna contains 26.77 grams of protein, 145 calories, and 3.37 grams of fat. It does not contain fiber, carbohydrates, and sugar. Also, its long shelf life and portability make it an ideal pantry staple for households looking for convenient meal solutions, contributing to the canned tuna market forecast growth in North America. Rising awareness of the health benefits of consuming seafood, particularly tuna, drives the demand for canned tuna in North America. After shrimp, canned tuna is the second most popular seafood product in the US. Tuna is rich in vitamins, minerals, high-quality protein, and omega-3 fatty acids, making it a nutritious option for health-conscious consumers. With an increasing focus on adopting healthier dietary habits and lifestyles, consumers in North America are actively seeking food options that offer nutritional value and support their overall well-being. Canned tuna provides a convenient and affordable way for consumers to incorporate seafood into their diets and reap its health benefits, driving the demand for canned tuna products in the region. Furthermore, the versatility of canned tuna makes it appealing to a wide range of consumers with diverse taste preferences and dietary needs. Canned tuna can be used in various cuisines and dishes, making it a versatile ingredient that can adapt to different culinary styles and preferences. Whether used in classic tuna sandwiches, salads, casseroles, or sushi rolls, canned tuna offers consumers endless possibilities for creating delicious and satisfying meals. Its adaptability and versatility make canned tuna a staple in many North American households, driving consistent demand for canned tuna products across the region.

COMPETITIVE LANDSCAPE AND KEY COMPANIES

StarKist Co; Bumble Bee Foods, LLC.; Chicken of the Sea; Wild Planet Foods; Genova; Conservas Ortiz S.A.; Century Pacific Food Inc; American Tuna Inc; Sustainable Seas and Pastene Co. are among the prominent players profiled in the canned tuna market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. The canned tuna market report also includes company positioning and concentration to evaluate the performance of competitors/players in the market.