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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
South Korea Tuna Fish Market Growth
Tunas are saltwater fishes. They have a long, streamlined body and belong to the genus ‘Thunnus’ and are greatly consumed as food. It also holds great value in the commercial sector. South Korea tuna fish market outlook looks promising due to the increasing demand for seafood products, the rise of sushi bars and restaurants promoting fresh tuna consumption, and the convenience and versatility offered by frozen and canned tuna products.
Additionally, the market benefits from the health and wellness trend, with consumers showing a preference for healthier options like processed poultry and seafood. The surge in new product launches in the fish and fish products market, coupled with the popularity of white meat over red meat for protein intake, further propels South Korea tuna fish market growth.
South Korea Tuna Fish Market Report Snapshots
South Korea Tuna Fish Market Size
South Korea Tuna Fish Market Growth
South Korea Tuna Fish Market Trends
South Korea Tuna Fish Market Share
South Korea Tuna Fish Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the South Korean tuna fish market attained a volume of nearly 74.12 KMT.
The market is projected to grow at a CAGR of 2.7% between 2024 and 2032.
Rising disposable incomes, celebrity influence, health awareness among customers, expansion of tuna aquaculture farming, various benefits of tuna, and improved quality and fishing practises are the major drivers of the market.
Key trends aiding market expansion include the initiatives to boost the aquaculture, sustainable fisheries management, community-based fisheries management regulations, and increasing demand for ready-to-cook and ready-to-eat foods.
Based on type, the market is divided into fresh, canned, and frozen.
The different species of tuna fish in the market are skipjack, yellowfin, and bigeye, among others.
Key players in the market are Dongwon Group, SILLA CO., LTD, OTTOGI CORPORATION., Ltd, ITOCHU Corporation, and Sajo Group, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124