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Canned Tuna Market Trends

Report ID: GMI6384
Published Date: Aug 2023
Report Format: PDF

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Canned Tuna Market Trends

Consumers are increasingly seeking healthier food options, and canned tuna is perceived as a nutritious protein source rich in omega-3 fatty acids, vitamins, and minerals. As health-consciousness rises, canned tuna's nutritional benefits continue to attract consumers. Sustainability has become a significant focus in the canned tuna industry. Consumers are looking for products sourced from responsible and sustainable fisheries. Tuna brands are increasingly obtaining certifications, such as Marine Stewardship Council (MSC) or Earth Island Institute's Dolphin-Safe certification, to showcase their commitment to sustainable fishing practices.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of canned tuna was exceeded USD 37.8 billion in 2023 and is set to reach USD 58.7 billion by the end of 2032, due to the rising demand for products with longer shelf life and convenient foods for consumers with busy lifestyles worldwide.

Skipjack canned tuna industry reached USD 17.9 billion in 2023, owing to abundant availability and relatively lower costs compared to other tuna species.

The water packaging segment held around 38% share of the canned tuna market in 2023, due to rapidly multiplying number of health-conscious people looking for healthier alternatives to tuna oil.

Some of the prominent canned tuna companies are Thai Union Group, Bumble Bee Foods, StarKist Co., Dongwon Group, Calvo Group, Wild Planet Foods, Tri Marine Group, and Century Pacific Food.