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Global Tuna Market Size, Share, Trends, Analysis, Forecast: By Species: Skipjack, Yellowfin, Albacore, Bigeye, Bluefin, Others; By Product Type: Canned, Frozen, Fresh; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Tuna Market Competitive Landscape
Some of the major players in the tuna market are increasingly investing in sustainability and following sustainable practices
| Company | Established | Specialisation | Environmental Commitment |
| American Tuna | 2004 | high-quality, sustainable, and traceable canned albacore tuna | environmentally friendly fishing methods, avoid by-catch of other species, MSC-certified |
| Thai Union Group PCL | 1977 | global seafood leader, frozen and canned seafood to pet food | sustainability and innovation, responsible sourcing, reducing environmental footprint |
| Wild Planet | 2019 | sustainably sourced seafood, tuna, sardines, and salmon | environmentally friendly approach to fishing, do not harm the marine ecosystem or deplete fish stocks |
| Frinsa del Noroeste S.A | 1961 | Europe's leading canned seafood manufacturers, tuna, salmon, sardines, and mackerel | sustainability, responsible fishing practices |
Other key players in the global tuna market are Bumble Bee Foods, LLC, and Clover Leaf Seafoods Corp, among others.
Companies in the tuna market are investing in technologies and practices that reduce their environmental impact, such as more selective fishing gear to minimise by-catch and initiatives to improve fish stock management. In addition, to meet consumer demand for transparency, many companies are implementing traceability systems that allow consumers to track the journey of their tuna from catch to consumption.
Tuna Market Report Snapshots
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Tuna Market Analysis
8.1 Key Industry Highlights
8.2 Global Tuna Historical Market (2018-2023)
8.3 Global Tuna Market Forecast (2024-2032)
8.4 Global Tuna Market by Species
8.4.1 Skipjack
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Yellowfin
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Albacore
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Bigeye
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Bluefin
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Tuna Market by Product Type
8.5.1 Canned
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Frozen
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fresh
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Tuna Production by Region
8.6.1 Japan
8.6.2 Indonesia
8.6.3 Philippines
8.6.4 Taiwan P.C.
8.6.5 Republic of Korea
8.6.6 Spain
8.6.7 Others
8.7 Global Tuna Consumption by Region
8.7.1 Japan
8.7.2 United States
8.7.3 China
8.7.4 Taiwan P.C.
8.7.5 Republic of Korea
8.7.6 European Union
8.7.7 Others
9 Regional Analysis
9.1 Regional Production Analysis
9.1.1 Japan
9.1.1.1 Historical Trend (2018-2023)
9.1.1.2 Forecast Trend (2024-2032)
9.1.2 Indonesia
9.1.2.1 Historical Trend (2018-2023)
9.1.2.2 Forecast Trend (2024-2032)
9.1.3 Philippines
9.1.3.1 Historical Trend (2018-2023)
9.1.3.2 Forecast Trend (2024-2032)
9.1.4 Taiwan P.C.
9.1.4.1 Historical Trend (2018-2023)
9.1.4.2 Forecast Trend (2024-2032)
9.1.5 Republic of Korea
9.1.5.1 Historical Trend (2018-2023)
9.1.5.2 Forecast Trend (2024-2032)
9.1.6 Spain
9.1.6.1 Historical Trend (2018-2023)
9.1.6.2 Forecast Trend (2024-2032)
9.2 Regional Consumption Analysis
9.2.1 Japan
9.2.1.1 Historical Trend (2018-2023)
9.2.1.2 Forecast Trend (2024-2032)
9.2.2 United States
9.2.2.1 Historical Trend (2018-2023)
9.2.2.2 Forecast Trend (2024-2032)
9.2.3 China
9.2.3.1 Historical Trend (2018-2023)
9.2.3.2 Forecast Trend (2024-2032)
9.2.4 Taiwan P.C.
9.2.4.1 Historical Trend (2018-2023)
9.2.4.2 Forecast Trend (2024-2032)
9.2.5 Republic of Korea
9.2.5.1 Historical Trend (2018-2023)
9.2.5.2 Forecast Trend (2024-2032)
9.2.6 European Union
9.2.6.1 Historical Trend (2018-2023)
9.2.6.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 Skipjack Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.2 Yellowfin Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.3 Albacore Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.4 Bigeye Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.5 Bluefin Historical Price Trends (2018-2023) and Forecast (2024-2032)
13 Tuna Processing
13.1 Manufacturing Process
13.2 Operations Involved
13.3 Mass Balance and Raw Material Requirements
14 Project Details, Requirements and Cost Analysis
14.1 Land, Location and Site Development
14.2 Construction
14.3 Plant Machinery
14.4 Raw Material Requirement and Expenditure
14.5 Manpower Requirement and Expenditure
14.6 Other Capital Investment
15 Loans and Financial Assistance
16 Project Economics
16.1 Capital Cost of Project
16.2 Techno-Economic Parameters
16.3 Tuna Processing Cost Breakup
16.4 Taxation and Depreciation
16.5 Income Projections
16.6 Expenditure Projections
16.7 Financial Analysis
16.8 Profit Analysis
17 Competitive Landscape
17.1 Market Structures
17.2 Company Profiles
17.2.1 American Tuna
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Thai Union Group PCL.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Wild Planet
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Frinsa del Noroeste S.A.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Bumble Bee Foods, LLC
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Clover Leaf Seafoods Corp
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Tuna Market: Key Industry Highlights, 2018 and 2032
2. Global Tuna Historical Market: Breakup by Species (USD Billion), 2018-2023
3. Global Tuna Market Forecast: Breakup by Species (USD Billion), 2024-2032
4. Global Tuna Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5. Global Tuna Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6. Global Tuna Historical Production: Breakup by Region (USD Billion), 2018-2023
7. Global Tuna Production Forecast: Breakup by Region (USD Billion), 2024-2032
8. Global Tuna Historical Consumption: Breakup by Region (USD Billion), 2018-2023
9. Global Tuna Consumption Forecast: Breakup by Region (USD Billion), 2024-2032
10. Skipjack Historical Price Trends and Forecast 2018-2032
11. Yellowfin Historical Price Trends and Forecast 2018-2032
12. Albacore Historical Price Trends and Forecast 2018-2032
13. Bigeye Historical Price Trends and Forecast 2018-2032
14. Bluefin Historical Price Trends and Forecast 2018-2032
15. Global Tuna Market Structure
Key Questions Answered in the Report
The market reached a value of USD 63.91 billion in 2023.
The market is projected to grow at a CAGR of nearly 4.9% in the forecast period of 2024-2032.
The market is estimated to reach a value of about USD 98.29 billion by 2032.
The rising demand for canned tuna among the working population, rapid urbanisation, and the growing awareness regarding the health benefits of tuna are driving the market growth.
The key trends guiding the market include the globalisation of cuisines, the growing popularity of frozen and canned tuna owing to their shelf stability, and the rising availability of different types of tuna in emerging markets.
Japan, Indonesia, the Philippines, Taiwan P.C., the Republic of Korea, and Spain, among others, are the major tuna producing regions.
Japan, the United States, China, Taiwan P.C., the Republic of Korea, and the European Union are the major tuna consuming regions considered in the market report.
Skipjack, yellowfin, albacore, bigeye, and bluefin, among others, are the major species of tuna considered in the market report.
The significant product types of tuna are canned, frozen, and fresh.
The key market players include American Tuna, Thai Union Group PCL, Wild Planet, Frinsa del Noroeste S.A., Bumble Bee Foods, LLC, and Clover Leaf Seafoods Corp, among others.
Analyst Review
The global tuna market attained a value of USD 63.91 billion in 2023, driven by the hectic schedules of the consumers. Aided by the increasing awareness of health, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.9%. The industry is projected to reach USD 98.29 billion by 2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its species, the market can be segmented into skipjack, yellowfin, albacore, bigeye, and bluefin, among others. On the basis of type, the canned variety accounts for the largest share in the global industry. The major regional markets for the product are Japan, Indonesia, the Philippines, the United States, China, Taiwan P.C., the Republic of Korea, Spain, and the European Union. The key players in the above industry include American Tuna, Thai Union Group PCL., Wild Planet, Frinsa del Noroeste S.A., Bumble Bee Foods, LLC, and Clover Leaf Seafoods Corp, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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