Product Code: ETC13197734 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Canned Tuna Market was valued at USD 15.2 Billion in 2024 and is expected to reach USD 21.5 Billion by 2031, growing at a compound annual growth rate of 4.60% during the forecast period (2025-2031).
The global canned tuna market is experiencing steady growth driven by factors such as the increasing popularity of convenience foods, rising consumer awareness about the health benefits of seafood, and the growing demand for shelf-stable protein sources. Key players in the market are focusing on product innovation, sustainability practices, and strategic partnerships to maintain their competitive edge. Asia Pacific is the largest market for canned tuna, with countries like Thailand, Japan, and the Philippines being major producers and consumers. The market is also witnessing a shift towards more premium and value-added products to cater to evolving consumer preferences. However, challenges such as overfishing, environmental concerns, and competition from alternative protein sources are influencing the market dynamics. Overall, the global canned tuna market is projected to continue its growth trajectory in the coming years.
The Global Canned Tuna Market is experiencing several key trends and opportunities. One major trend is the increasing preference for convenient and ready-to-eat seafood products, driving the demand for canned tuna as a quick and nutritious meal option. Health-conscious consumers are also seeking protein-rich and low-fat food choices, further boosting the market growth. Sustainable sourcing practices and eco-friendly packaging solutions are becoming increasingly important for consumers, presenting opportunities for companies to differentiate themselves and attract environmentally conscious customers. The rise of e-commerce platforms and online grocery shopping is creating new distribution channels for canned tuna products, allowing companies to reach a wider customer base. Overall, the Global Canned Tuna Market is poised for expansion driven by changing consumer preferences and evolving market dynamics.
The Global Canned Tuna Market faces several challenges that impact the industry. One major challenge is the increasing concern over sustainability and overfishing practices, leading to scrutiny over the sourcing and fishing methods used by tuna suppliers. Consumers are becoming more conscious of ethical and environmental issues, which has put pressure on companies to ensure their tuna products are sourced responsibly. Another challenge is the competition from alternative protein sources and plant-based seafood products, as more consumers are shifting towards healthier and more sustainable options. Additionally, fluctuating raw material prices, strict regulations on fishing quotas, and the impact of climate change on tuna populations further add to the complexities faced by players in the Global Canned Tuna Market.
The Global Canned Tuna Market is primarily driven by factors such as increasing consumer awareness regarding the health benefits of consuming seafood, convenience of canned tuna products, and rising demand for quick and easy meal options. The growing popularity of tuna as a source of lean protein, essential nutrients, and omega-3 fatty acids is also contributing to market growth. Additionally, the expanding seafood industry, advancements in packaging techniques to enhance product shelf life, and the availability of various flavored and seasoned canned tuna products are further fueling market demand. Furthermore, the rise in disposable income levels, changing dietary preferences, and the convenience of canned tuna as a versatile ingredient in various cuisines are expected to continue driving the growth of the Global Canned Tuna Market.
Government policies related to the Global Canned Tuna Market primarily focus on sustainability and conservation efforts to ensure the long-term viability of tuna populations. Many countries have implemented regulations to prevent overfishing, such as catch limits and fishing quotas, as well as monitoring and surveillance measures to enforce these regulations effectively. Additionally, there are initiatives to promote responsible fishing practices, such as the use of more selective fishing gear to reduce bycatch and minimize environmental impact. Some governments also support certification programs, like the Marine Stewardship Council (MSC), to ensure that canned tuna products come from sustainable sources. Overall, these policies aim to balance the economic interests of the canned tuna industry with the need to protect the marine ecosystem and ensure the continued availability of tuna resources for future generations.
The future outlook for the Global Canned Tuna Market appears to be promising, with steady growth anticipated in the coming years. Factors such as the increasing awareness of the health benefits associated with consuming tuna, the convenience and long shelf life of canned tuna products, and the rising demand for ready-to-eat seafood options are expected to drive market expansion. Additionally, the growing popularity of canned tuna as a sustainable and affordable source of protein, particularly in emerging markets, is likely to contribute to market growth. However, challenges such as environmental concerns related to overfishing and the increasing competition from alternative protein sources may impact the market dynamics. Overall, technological advancements in packaging, distribution, and sustainability practices are expected to play a key role in shaping the future landscape of the Global Canned Tuna Market.
In the global canned tuna market, Asia holds a significant share due to the high consumption of seafood in countries like Thailand, Indonesia, and the Philippines. North America and Europe are also key regions driving market growth, with a growing trend towards convenient and healthy food options. In the Middle East and Africa, canned tuna is popular due to its long shelf life and convenience, especially in countries like Egypt and South Africa. Latin America is witnessing steady growth in the canned tuna market, driven by changing consumer preferences towards seafood products. Overall, the global canned tuna market is expected to continue expanding across all regions, fueled by factors such as increasing health consciousness, busy lifestyles, and the versatility of canned tuna in various cuisines.
Global Canned Tuna Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Canned Tuna Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Canned Tuna Market Revenues & Volume, 2021 & 2031F |
3.3 Global Canned Tuna Market - Industry Life Cycle |
3.4 Global Canned Tuna Market - Porter's Five Forces |
3.5 Global Canned Tuna Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Canned Tuna Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Canned Tuna Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Canned Tuna Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Canned Tuna Market Trends |
6 Global Canned Tuna Market, 2021 - 2031 |
6.1 Global Canned Tuna Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Canned Tuna Market, Revenues & Volume, By Skipjack, 2021 - 2031 |
6.1.3 Global Canned Tuna Market, Revenues & Volume, By Yellowfin, 2021 - 2031 |
6.1.4 Global Canned Tuna Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Canned Tuna Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Canned Tuna Market, Revenues & Volume, By Hypermarket & Supermarket, 2021 - 2031 |
6.2.3 Global Canned Tuna Market, Revenues & Volume, By Specialty Stores, 2021 - 2031 |
6.2.4 Global Canned Tuna Market, Revenues & Volume, By Online, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Canned Tuna Market, Overview & Analysis |
7.1 North America Canned Tuna Market Revenues & Volume, 2021 - 2031 |
7.2 North America Canned Tuna Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Canned Tuna Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Canned Tuna Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Canned Tuna Market, Overview & Analysis |
8.1 Latin America (LATAM) Canned Tuna Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Canned Tuna Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Canned Tuna Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Canned Tuna Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Canned Tuna Market, Overview & Analysis |
9.1 Asia Canned Tuna Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Canned Tuna Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Canned Tuna Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Canned Tuna Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Canned Tuna Market, Overview & Analysis |
10.1 Africa Canned Tuna Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Canned Tuna Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Canned Tuna Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Canned Tuna Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Canned Tuna Market, Overview & Analysis |
11.1 Europe Canned Tuna Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Canned Tuna Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Canned Tuna Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Canned Tuna Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Canned Tuna Market, Overview & Analysis |
12.1 Middle East Canned Tuna Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Canned Tuna Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Canned Tuna Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Canned Tuna Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Canned Tuna Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Canned Tuna Market Key Performance Indicators |
14 Global Canned Tuna Market - Export/Import By Countries Assessment |
15 Global Canned Tuna Market - Opportunity Assessment |
15.1 Global Canned Tuna Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Canned Tuna Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Canned Tuna Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Canned Tuna Market - Competitive Landscape |
16.1 Global Canned Tuna Market Revenue Share, By Companies, 2024 |
16.2 Global Canned Tuna Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |