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Plant-based Tuna Market Analysis

  • Report ID: GMI6387
  • Published Date: Aug 2023
  • Report Format: PDF

Plant-based Tuna Market Analysis

The plant-based tuna market size from soy based segment held over USD 72.3 million in 2022. Soy-based proteins have been widely used in the plant-based food industry for years, leading to consumer familiarity and acceptance. Soy-based proteins provide a good source of protein, making them attractive to consumers looking for a protein-rich alternative to real tuna.
 

Global  Plant -based Tuna Market Revenue Share, By Application , (2022)

The canned plant-based tuna market accounted for 40% of revenue share in 2022. Canned plant-based tuna offers convenience and portability, making it a popular choice for on-the-go meals, picnics, and lunches. Canned products have a longer shelf life, providing consumers with a pantry staple that can be easily stored and used as needed.
 

Solid segment is anticipated to grow at 12.7% CAGR through 2032. Tuna slices or fillets offer a premium presentation, making them suitable for sophisticated dishes and sushi rolls. Slices or fillets can visually resemble real tuna, enhancing their appeal as an alternative in visually appealing dishes.
 

Based on flavor the plant-based tuna market from original flavor segment will gain remarkable momentum during the forecast timeline. Original or unflavored plant-based tuna appeals to consumers seeking a neutral base that can be customized with their preferred seasonings and ingredients.
 

Based on packaging the market from cans packaging segment is projected to show tremendous growth till 2032. Canned packaging provides extended shelf life, ensuring product freshness and longevity. Canned plant-based tuna is portable and easy to store, making it suitable for on-the-go consumption and pantry storage.
 

Based on distribution channel the plant-based tuna market from supermarkets segment to see massive growth through 2032. Supermarkets have extensive coverage, providing broad accessibility to plant-based tuna products for a diverse consumer base.
 

U.S. Plant-based Tuna Market Size, 2020- 2032 (USD Million)

U.S. plant-based tuna market size dominated around USD 73.6 million in 2022. Increasing health awareness among North American consumers has led to a growing interest in plant-based diets. Many consumers are seeking healthier alternatives to animal-based products, including tuna, to reduce their intake of saturated fats and cholesterol.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of plant-based tuna recorded USD 270 million in 2022 and may record USD 1.15 billion by 2032 owing to the surging awareness of health and wellness among consumers and the growing demand for plant-based diets.

Soy-based tuna market was valued at USD 72.3 million in 2022 and will witness expansion through 2032, due to the rising need for good sources of protein.

The canned application segment held 40% of the market share in 2022 and is expected to grow at lucrative pace by 2032, owing to growing popularity of on-the-go meals, picnics, and lunches.

Demand for plant-based tuna in the U.S. reached USD 73.6 million in 2022, driven by the rising health awareness and growing interest in plant-based diets.

Plant-based Tuna Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 356
  • Countries covered: 21
  • Pages: 250
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