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Canned Tuna Market Share

Report ID: GMI6384
Published Date: Nov 2024
Report Format: PDF

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Canned Tuna Market Share

Canned Tuna Market Company Share, (2024)

Companies in the canned tuna industry are adopting several strategies to meet evolving consumer demands and market challenges. Sustainability is a key focus, with brands increasingly sourcing tuna from certified sustainable fisheries and promoting eco-friendly practices like reduced bycatch. Product innovation is another strategy, as companies introduce low-sodium, organic, and flavored options to cater to health-conscious consumers. Expanding distribution through e-commerce and direct-to-consumer channels is also gaining importance, capitalizing on growing online grocery shopping trends. Additionally, brands are leveraging marketing campaigns that emphasize transparency, traceability, and quality, helping build trust and brand loyalty among environmentally and health-conscious consumers.

Canned Tuna Market Companies

Major players operating in the canned tuna industry are:

Bumble Bee Foods
Calvo Group
Century Pacific Food
Dongwon Group
Ocean Brands
Princes Limited
StarKist Co.
Thai Union Group
Tri Marine Group
Wild Planet Foods

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of canned tuna reached USD 39.6 billion in 2024 and is set to grow at a 4.4% CAGR from 2025 to 2034, driven by its affordability, versatility, and health benefits.

The skipjack tuna segment held over USD 18.9 billion in 2024 and is poised to expand at a 4.8% CAGR during the forecast period, due to its abundance, affordability, and wide consumer acceptance.

The German market was valued at USD 1.4 billion in 2024 and is expected to witness 4.8% CAGR through 2034, led by the growing demand for healthy, convenient food options and a strong preference for sustainably sourced tuna.

The key players in the industry include Bumble Bee Foods, Calvo Group, Century Pacific Food, Dongwon Group, Ocean Brands, Princes Limited, StarKist Co., Thai Union Group, Tri Marine Group, and Wild Planet Foods.