Canned Tuna Market Overview

Global Canned Tuna Market was valued at USD 7.729 billion in 2021 and is expected to reach USD 10.490 billion by the year 2028, at a CAGR of 4.46%.

Canned tuna refers to the fish products that are processed and then sealed into an airtight container, and then is subjected to heat. A Canned tuna product refers to a sealed container to store a food product for a long shelf life of around 1 to 5 years. Tuna possesses omega-3 fatty acids, high protein and vitamin, and also comes with low level of acidity which is good for heart. Tuna is healthy dietary product that is good for liver, heart and healthy brain development. Hence, it’s preferred by the majority of the target audience.

According to the analyst, the major driving factors for the Canned Tuna market size 2020 is expected to be USD 7386.67 million due to the awareness for health among the people. The market share for canned tuna is on rise because of the large demand from the wholesale dealers, online shops and offline stores too. The increasing disposable income and the urbanization in the countries has raised the demand for the canned tuna market. However, the increasing awareness and sympathy towards animals and the increasing trend for having a vegan life might be a restraint for Canned tuna market in the forecast period.  

By the end of 2027, the Canned Tuna market size is estimated to be at USD 10024.99 million due to the increased penetration of the internet through social media platforms and the increasing demand form the online distribution channel is increasing the growth of the market. The distributors and the manufacturers are focusing on the online stores as there is a high demand from the supermarkets. Companies providing the certified product and making tuna cans recyclable is propelling Canned tuna market growth with a mushrooming speed.

Impact of COVID-19 on Canned Tuna Market

Amidst the lockdown, the demand for the canned products with a longer shelf life for around 1 to 5 years increased. Consumers were hoarding the products that were processed and had health benefits along with it increasing the market size of the canned tuna market. Due to lack of transportation, retailers are facing issues from the shortage of supplies from manufacturers. The disruptions due to the restrictions from the import and export services can be a hamper to the growth of Canned tuna market.  

Market Segmentation

Global Canned Tuna Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;

Industry Verticals Type Insights:

By Industry Verticals type, Canned tuna market is segmented into Households, Commercial, Supermarket/Hypermarket, Convenient Store, Online Store and Others. In this segment, Online Store segment is accounted for the largest segment with the market share of 35.32% and estimated to have a market size of USD 3,469.18 million in the year 2026 with the CAGR of 4.75%. Due to the increase in the e-commerce industry, the manufacturers are focusing more on the online stores as they are more commercialized and the penetration of social media and internet is increasing.

Regional Insights:

By region, Canned tuna market is segmented into North-America, Latin America, Asia-Pacific, Europe and MEA. In this segment, Europe segment is accounted for the largest segment with the market share of 32.12% and estimated to have a market size of USD 2962.22 million in the year 2026 with the CAGR of 4.00%. The Canned Tunas market is declining due to the growing concern for the killings of dolphins done while tuna fishing. The market in North-America is slowly down-falling due to the shortage and curtailed supply of the canned tuna as the government has banned some regions of Pacific Ocean for the tuna fishing.

Players Covered in Canned Tuna Market are:

• Dongwon
• Bumble Bee Foods
• Crown Prince Inc.
• Natural Sea
• Wild Planet
• American Tuna
• Century Pacific Food
• Frinsa del Noroeste
• Hagoromo
• Thai Union Group (TUF) and Other Major Players.

Among other players domestic and global, Canned Tuna market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Our analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Salient Features of the Canned Tuna Market

Global Canned Tuna Market was valued at USD 7.729 billion in 2021 and is expected to reach USD 10.490 billion by the year 2028, at a CAGR of 4.46%.

• Overfishing has led to a ban by the government in the some parts of the Pacific Ocean, curtailing the supply of canned tuna, which in turn has led to the increase in prices hampering the market of Europe.
• The increasing need for the ready-to-eat and processed food has increased the market for the United States, straight away leading the market for North-America.
• Increasing demand for the super-frozen tuna, mostly used Japanese delicacy called sashimi is increasing the demand in the Asian countries, making Asia-Pacific the second largest region for the market share of canned tuna market.
• Increasing demand of canned tuna from the Middle Eastern countries like Egypt, Saudi Arabia and Israel is expected to increase Canned tuna market in the forecast period.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Distribution Channel

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Canned Tuna Market by Type
 5.1 Canned Tuna Market Overview Snapshot and Growth Engine
 5.2 Canned Tuna Market Overview
 5.3 Canned White Tuna
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Canned White Tuna: Grographic Segmentation
 5.4 Canned Light Tuna
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Canned Light Tuna: Grographic Segmentation

Chapter 6: Canned Tuna Market by Distribution Channel
 6.1 Canned Tuna Market Overview Snapshot and Growth Engine
 6.2 Canned Tuna Market Overview
 6.3 Supermarkets/Hypermarkets
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Supermarkets/Hypermarkets: Grographic Segmentation
 6.4 Convenience Stores
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Convenience Stores: Grographic Segmentation
 6.5 Online Retailers
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Online Retailers: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Canned Tuna Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Canned Tuna Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Canned Tuna Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 DONGWON
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 BUMBLE BEE FOODS
 7.4 CROWN PRINCE INC.
 7.5 NATURAL SEA
 7.6 WILD PLANET
 7.7 AMERICAN TUNA
 7.8 CENTURY PACIFIC FOOD
 7.9 FRINSA DEL NOROESTE
 7.10 HAGOROMO
 7.11 THAI UNION GROUP (TUF)
 7.12 OTHER MAJOR PLAYERS

Chapter 8: Global Canned Tuna Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type
  8.2.1 Canned White Tuna
  8.2.2 Canned Light Tuna
 8.3 Historic and Forecasted Market Size By Distribution Channel
  8.3.1 Supermarkets/Hypermarkets
  8.3.2 Convenience Stores
  8.3.3 Online Retailers

Chapter 9: North America Canned Tuna Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Canned White Tuna
  9.4.2 Canned Light Tuna
 9.5 Historic and Forecasted Market Size By Distribution Channel
  9.5.1 Supermarkets/Hypermarkets
  9.5.2 Convenience Stores
  9.5.3 Online Retailers
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Canned Tuna Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Canned White Tuna
  10.4.2 Canned Light Tuna
 10.5 Historic and Forecasted Market Size By Distribution Channel
  10.5.1 Supermarkets/Hypermarkets
  10.5.2 Convenience Stores
  10.5.3 Online Retailers
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Canned Tuna Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Canned White Tuna
  11.4.2 Canned Light Tuna
 11.5 Historic and Forecasted Market Size By Distribution Channel
  11.5.1 Supermarkets/Hypermarkets
  11.5.2 Convenience Stores
  11.5.3 Online Retailers
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Canned Tuna Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Canned White Tuna
  12.4.2 Canned Light Tuna
 12.5 Historic and Forecasted Market Size By Distribution Channel
  12.5.1 Supermarkets/Hypermarkets
  12.5.2 Convenience Stores
  12.5.3 Online Retailers
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Canned Tuna Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Canned White Tuna
  13.4.2 Canned Light Tuna
 13.5 Historic and Forecasted Market Size By Distribution Channel
  13.5.1 Supermarkets/Hypermarkets
  13.5.2 Convenience Stores
  13.5.3 Online Retailers
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. CANNED TUNA MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. CANNED TUNA MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. CANNED TUNA MARKET COMPETITIVE RIVALRY
TABLE 005. CANNED TUNA MARKET THREAT OF NEW ENTRANTS
TABLE 006. CANNED TUNA MARKET THREAT OF SUBSTITUTES
TABLE 007. CANNED TUNA MARKET BY TYPE
TABLE 008. CANNED WHITE TUNA MARKET OVERVIEW (2016-2028)
TABLE 009. CANNED LIGHT TUNA MARKET OVERVIEW (2016-2028)
TABLE 010. CANNED TUNA MARKET BY DISTRIBUTION CHANNEL
TABLE 011. SUPERMARKETS/HYPERMARKETS MARKET OVERVIEW (2016-2028)
TABLE 012. CONVENIENCE STORES MARKET OVERVIEW (2016-2028)
TABLE 013. ONLINE RETAILERS MARKET OVERVIEW (2016-2028)
TABLE 014. NORTH AMERICA CANNED TUNA MARKET, BY TYPE (2016-2028)
TABLE 015. NORTH AMERICA CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 016. N CANNED TUNA MARKET, BY COUNTRY (2016-2028)
TABLE 017. EUROPE CANNED TUNA MARKET, BY TYPE (2016-2028)
TABLE 018. EUROPE CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 019. CANNED TUNA MARKET, BY COUNTRY (2016-2028)
TABLE 020. ASIA PACIFIC CANNED TUNA MARKET, BY TYPE (2016-2028)
TABLE 021. ASIA PACIFIC CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 022. CANNED TUNA MARKET, BY COUNTRY (2016-2028)
TABLE 023. MIDDLE EAST & AFRICA CANNED TUNA MARKET, BY TYPE (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 025. CANNED TUNA MARKET, BY COUNTRY (2016-2028)
TABLE 026. SOUTH AMERICA CANNED TUNA MARKET, BY TYPE (2016-2028)
TABLE 027. SOUTH AMERICA CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 028. CANNED TUNA MARKET, BY COUNTRY (2016-2028)
TABLE 029. DONGWON: SNAPSHOT
TABLE 030. DONGWON: BUSINESS PERFORMANCE
TABLE 031. DONGWON: PRODUCT PORTFOLIO
TABLE 032. DONGWON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 032. BUMBLE BEE FOODS: SNAPSHOT
TABLE 033. BUMBLE BEE FOODS: BUSINESS PERFORMANCE
TABLE 034. BUMBLE BEE FOODS: PRODUCT PORTFOLIO
TABLE 035. BUMBLE BEE FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. CROWN PRINCE INC.: SNAPSHOT
TABLE 036. CROWN PRINCE INC.: BUSINESS PERFORMANCE
TABLE 037. CROWN PRINCE INC.: PRODUCT PORTFOLIO
TABLE 038. CROWN PRINCE INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. NATURAL SEA: SNAPSHOT
TABLE 039. NATURAL SEA: BUSINESS PERFORMANCE
TABLE 040. NATURAL SEA: PRODUCT PORTFOLIO
TABLE 041. NATURAL SEA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. WILD PLANET: SNAPSHOT
TABLE 042. WILD PLANET: BUSINESS PERFORMANCE
TABLE 043. WILD PLANET: PRODUCT PORTFOLIO
TABLE 044. WILD PLANET: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. AMERICAN TUNA: SNAPSHOT
TABLE 045. AMERICAN TUNA: BUSINESS PERFORMANCE
TABLE 046. AMERICAN TUNA: PRODUCT PORTFOLIO
TABLE 047. AMERICAN TUNA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. CENTURY PACIFIC FOOD: SNAPSHOT
TABLE 048. CENTURY PACIFIC FOOD: BUSINESS PERFORMANCE
TABLE 049. CENTURY PACIFIC FOOD: PRODUCT PORTFOLIO
TABLE 050. CENTURY PACIFIC FOOD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. FRINSA DEL NOROESTE: SNAPSHOT
TABLE 051. FRINSA DEL NOROESTE: BUSINESS PERFORMANCE
TABLE 052. FRINSA DEL NOROESTE: PRODUCT PORTFOLIO
TABLE 053. FRINSA DEL NOROESTE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. HAGOROMO: SNAPSHOT
TABLE 054. HAGOROMO: BUSINESS PERFORMANCE
TABLE 055. HAGOROMO: PRODUCT PORTFOLIO
TABLE 056. HAGOROMO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. THAI UNION GROUP (TUF): SNAPSHOT
TABLE 057. THAI UNION GROUP (TUF): BUSINESS PERFORMANCE
TABLE 058. THAI UNION GROUP (TUF): PRODUCT PORTFOLIO
TABLE 059. THAI UNION GROUP (TUF): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 060. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 061. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 062. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. CANNED TUNA MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. CANNED TUNA MARKET OVERVIEW BY TYPE
FIGURE 012. CANNED WHITE TUNA MARKET OVERVIEW (2016-2028)
FIGURE 013. CANNED LIGHT TUNA MARKET OVERVIEW (2016-2028)
FIGURE 014. CANNED TUNA MARKET OVERVIEW BY DISTRIBUTION CHANNEL
FIGURE 015. SUPERMARKETS/HYPERMARKETS MARKET OVERVIEW (2016-2028)
FIGURE 016. CONVENIENCE STORES MARKET OVERVIEW (2016-2028)
FIGURE 017. ONLINE RETAILERS MARKET OVERVIEW (2016-2028)
FIGURE 018. NORTH AMERICA CANNED TUNA MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 019. EUROPE CANNED TUNA MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. ASIA PACIFIC CANNED TUNA MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. MIDDLE EAST & AFRICA CANNED TUNA MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. SOUTH AMERICA CANNED TUNA MARKET OVERVIEW BY COUNTRY (2016-2028)