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%.
The Canned Tuna Market study includes a comprehensive analysis, market size and forecasts, trends, growth drivers, and challenges, as well as a competitor analysis that covers leading competitors. The Canned Tuna Market research report provides the market overview, landscape, value chain analysis, market sizing, segment analysis, market size, and outlook forecast.
Salads, croquettes, sandwiches, burgers, pasta, tacos, and sushi are just a few of the everyday foods and specialties that use canned tuna. These foods are easily prepared at home in less time, and as a result, they are highly regarded by consumers who value home cooking and a healthy lifestyle. Over the projection period, these consumer trends are expected to boost demand for the item all over the world. Tuna is a mackerel-like fish that is an important part of the global fishing industry. Fresh, fried, frozen, tinned, and sushi tuna are all popular around the world.
The Major Players in the Canned Tuna Market Include:
· Dongwon
· Bumble Bee Foods
· Crown Prince Inc.
· Natural Sea
· Wild Planet
· American Tuna
· Century Pacific Food
· Frinsa del Noroeste
· Hagoromo
· Thai Union Group (TUF)
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Market has segmented the global Canned Tuna market on the basis of type, application, and region:
The Canned Tuna market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
· Canned White Tuna
· Canned Light Tuna
By Application:
· Supermarkets and Hypermarkets
· Convenience Stores
· Online Retailers
By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Canned Tuna Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
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