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Report
Canned Tuna Market Forecast to 2030
Market Report I 2023-06-22 I 90 Pages I Market Research Future
Canned Tuna Market Forecast to 2030
Market Overview
The canned Tuna Market is anticipated to register a CAGR of 4.15% during the forecast period. The significant development factors giving a stimulus to deals in the canned tuna market are affected by flooding interest for good food items among consumers, and the extension of web-based retailing across the globe.
Canned Tuna has acquired prominence lately because of its high healthy benefit and comfort. Tuna is a lean fish that is high in protein, omega-3 unsaturated fats, nutrients, and minerals. It is likewise low in fat and calories, making it a well-known nourishment for those hoping to keep a solid eating routine. One of the essential purposes behind the developing fuse of Canned Tuna in the day-to-day diet is its comfort. Canned Tuna is promptly accessible, simple to plan, and can be put away for a drawn-out period. It tends to be added to sandwiches, mixed greens, pasta, and different dishes, making it a flexible fix. Besides, Canned Tuna is an eco-accommodating choice as it is a reasonable wellspring of fish. Most Canned Tuna marks currently use shaft and line fishing techniques to diminish bycatch and guarantee maintainable fishing practices.
Market Segmentation
Based on Type, the canned tuna market is divided into Skipjack, Yellowfin, Albacore, and other segments.
Store-Based and Non-Store Based divisions were created from the Canned Tuna Market data.
Regional Analysis
The North America Canned Tuna market share represented 27.0% in 2021 and is supposed to show a 4.36% market CAGR during the review time frame. North America is a created economy and comprises an immense consumer base. The region is encountering a huge ascent in the number of working experts. The laid-out inventory network and expanding interest in accommodation food will help market development. Numerous multinationals are extending their creation units, particularly in the significant markets in the region like the U.S., Canada, and Mexico which has prompted their coordinated efforts with numerous nearby players. The presence of a huge traveler populace in the region prompts its credible food utilization and different cafes serving something similar. The ascent in cross-culture food utilization pattern in the region has prompted the wide utilization of different cooking styles Japanese and Indian cooking styles, for example, tekkadon, sushi, and curries. A precarious destruction in the market is being seen because of the worldwide episode of the Coronavirus pandemic because of the rising number of Coronavirus positive patients in the region particularly, in the U.S. Many canned food fabricating organizations have been closed down which has stopped the development of canned tuna.
Major Players
The leading players in the canned tuna industry, are Thai Union Group Plc., Bolton Foods, Grupo Calvo, Ocean Brands, American Tuna Inc., Aneka Tuna Indonesia, Wild Planet Foods Inc., Sea Value PLC, Frinsa del Noroeste S.A., and Bumble Bee Foods LLC, among others.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 12
1.1.1 GLOBAL CANNED TUNA MARKET, BY TYPE 14
1.1.2 GLOBAL CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL 15
1.1.3 GLOBAL CANNED TUNA MARKET, BY REGION 16
2 MARKET INTRODUCTION 17
2.1 DEFINITION 17
2.2 SCOPE OF THE STUDY 17
2.3 SCOPE OF THE STUDY 17
2.4 MARKET STRUCTURE 18
3 RESEARCH METHODOLOGY 19
3.1 RESEARCH PROCESS 19
3.2 PRIMARY RESEARCH 20
3.3 SECONDARY RESEARCH 21
3.4 MARKET SIZE ESTIMATION 21
3.5 TOP DOWN & BOTTOM-UP APPROACH 22
3.6 FORECAST MODEL 23
3.7 LIST OF ASSUMPTIONS 24
4 MARKET DYNAMICS 25
4.1 DRIVERS 25
4.1.1 GROWING INCORPORATION OF HIGH-NUTRITIOUS FOOD IN DAILY DIET 25
4.1.2 RISING E-COMMERCE FIRM 26
4.1.3 DRIVER IMPACT ANALYSIS 27
4.2 RESTRAINTS 27
4.2.1 PREFERENCE FOR PLANT-BASED PRODUCTS 27
4.2.2 RESTRAINT IMPACT ANALYSIS 28
4.3 OPPORTUNITIES 28
4.3.1 TECHNOLOGICAL ADVANCEMENTS 28
4.4 CHALLENGES 28
5 MARKET FACTOR ANALYSIS 30
5.1 SUPPLY CHAIN ANALYSIS 30
5.1.1 RAW DISTRIBUTION CHANNELS 31
5.1.2 MANUFACTURES 31
5.1.3 DISTRIBUTION 31
5.1.4 END USER 31
5.2 PORTER'S FIVE FORCES MODEL 32
5.2.1 THREAT OF NEW ENTRANTS 32
5.2.2 BARGAINING POWER OF SUPPLIERS 33
5.2.3 THREAT OF SUBSTITUTES 33
5.2.4 BARGAINING POWER OF BUYERS 33
5.2.5 INTENSITY OF RIVALRY 34
5.3 IMPACT OF COVID-19 ON THE GLOBAL CANNED TUNA MARKET 34
5.3.1 IMPACT ON SUPPLY CHAIN 35
5.3.2 IMPACT ON PRODUCTION CONSTRAINTS 35
5.3.3 IMPACT ON CONSUMER BUYING BEHAVIOR 35
5.3.4 IMPACT ON RETAIL SALES (ONLINE VS STORED BASED) 36
6 GLOBAL CANNED TUNA MARKET, BY TYPE 37
6.1 OVERVIEW 37
6.2 SKIPJACK TUNA 38
6.3 YELLOWFIN TUNA 39
6.4 ALBACORE TUNA 39
6.5 OTHERS 40
7 GLOBAL CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL 41
7.1 OVERVIEW 41
7.2 STORE-BASED 42
7.3 NON-STORE-BASED 42
8 GLOBAL CANNED TUNA, BY REGION 44
8.1 OVERVIEW 44
8.2 NORTH AMERICA 45
8.2.1 US 47
8.2.2 CANADA 48
8.2.3 MEXICO 48
8.3 EUROPE 50
8.3.1 GERMANY 51
8.3.2 FRANCE 52
8.3.3 ITALY 53
8.3.4 SPAIN 53
8.3.5 UK 54
8.3.6 REST OF EUROPE 55
8.4 ASIA-PACIFIC 56
8.4.1 CHINA 57
8.4.2 JAPAN 58
8.4.3 INDIA 59
8.4.4 AUSTRALIA & NEW ZEALAND 59
8.4.5 REST OF ASIA PACIFIC 60
8.5 REST OF THE WORLD 61
8.5.1 SOUTH AMERICA 62
8.5.2 MIDDLE EAST 63
8.5.3 AFRICA 64
9 COMPETITIVE LANDSCAPE 65
9.1 COMPETITIVE OVERVIEW 65
9.2 MAJOR GROWTH STRATEGY IN THE GLOBAL CANNED TUNA MARKET 65
9.3 COMPETITIVE BENCHMARKING 66
10 COMPANY PROFILES 67
10.1 BOLTON FOODS 67
10.1.1 COMPANY OVERVIEW 67
10.1.2 FINANCIAL OVERVIEW 67
10.1.3 PRODUCTS OFFERED 67
10.1.4 KEY DEVELOPMENTS 68
10.1.5 SWOT ANALYSIS 68
10.1.6 KEY STRATEGIES 69
10.2 THAI UNION GROUP PCL 70
10.2.1 COMPANY OVERVIEW 70
10.2.2 FINANCIAL OVERVIEW 71
10.2.3 PRODUCTS OFFERED 71
10.2.4 KEY DEVELOPMENTS 74
10.2.5 SWOT ANALYSIS 74
10.2.6 KEY STRATEGIES 75
10.3 GRUPO CALVO 76
10.3.1 COMPANY OVERVIEW 76
10.3.2 FINANCIAL OVERVIEW 76
10.3.3 PRODUCTS OFFERED 77
10.3.4 KEY DEVELOPMENTS 78
10.3.5 SWOT ANALYSIS 79
10.3.6 KEY STRATEGIES 79
10.4 OCEAN BRANDS 80
10.4.1 COMPANY OVERVIEW 80
10.4.2 FINANCIAL OVERVIEW 80
10.4.3 PRODUCTS OFFERED 81
10.4.4 KEY DEVELOPMENTS 81
10.5 AMERICAN TUNA INC. 82
10.5.1 COMPANY OVERVIEW 82
10.5.2 FINANCIAL OVERVIEW 82
10.5.3 PRODUCTS OFFERED 82
10.5.4 KEY DEVELOPMENTS 82
10.6 ANEKA TUNA INDONESIA. 83
10.6.1 COMPANY OVERVIEW 83
10.6.2 FINANCIAL OVERVIEW 83
10.6.3 PRODUCTS OFFERED 84
10.6.4 KEY DEVELOPMENTS 84
10.7 WILD PLANET FOODS INC 85
10.7.1 COMPANY OVERVIEW 85
10.7.2 FINANCIAL OVERVIEW 85
10.7.3 PRODUCTS OFFERED 85
10.7.4 KEY DEVELOPMENTS 85
10.8 SEA VALUE PLC 86
10.8.1 COMPANY OVERVIEW 86
10.8.2 FINANCIAL OVERVIEW 86
10.8.3 PRODUCTS OFFERED 86
10.8.4 KEY DEVELOPMENTS 86
10.9 FRINSA DEL NOROESTE S.A. 87
10.9.1 COMPANY OVERVIEW 87
10.9.2 FINANCIAL OVERVIEW 87
10.9.3 PRODUCTS OFFERED 87
10.9.4 KEY DEVELOPMENTS 87
10.9.5 SWOT ANALYSIS 88
10.9.6 KEY STRATEGIES 88
10.10 BUMBLE BEE FOODS LLC 89
10.10.1 COMPANY OVERVIEW 89
10.10.2 FINANCIAL OVERVIEW 89
10.10.3 PRODUCTS OFFERED 89
10.10.4 KEY DEVELOPMENTS 89
10.10.5 SWOT ANALYSIS 90
10.10.6 KEY STRATEGIES 90
10.11 SIMPLOT AUSTRALIA PTY LTD 91
10.11.1 COMPANY OVERVIEW 91
10.11.2 FINANCIAL OVERVIEW 91
10.11.3 PRODUCTS OFFERED 92
10.11.4 KEY DEVELOPMENTS 92
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 24
TABLE 2 GLOBAL CANNED TUNA MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2030 (USD MILLION) 37
TABLE 3 SKIPJACK CANNED TUNA: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION) 38
TABLE 4 YELLOWFIN TUNA: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION) 39
TABLE 5 ALBACORE TUNA: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION) 40
TABLE 6 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION) 40
TABLE 7 GLOBAL CANNED TUNA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 41
TABLE 8 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION) 42
TABLE 9 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION) 43
TABLE 10 GLOBAL CANNED TUNA MARKET ESTIMATES & FORECAST, BY REGION, 2018-2030 (USD MILLION) 45
TABLE 11 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2030 (USD MILLION) 46
TABLE 12 NORTH AMERICA: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 46
TABLE 13 NORTH AMERICA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 47
TABLE 14 US: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 47
TABLE 15 US MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 47
TABLE 16 CANADA: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 48
TABLE 17 CANADA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 48
TABLE 18 MEXICO: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 48
TABLE 19 MEXICO MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 49
TABLE 20 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2030 (USD MILLION) 50
TABLE 21 EUROPE: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 51
TABLE 22 EUROPE MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 51
TABLE 23 GERMANY: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 51
TABLE 24 GERMANY MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 52
TABLE 25 FRANCE: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 52
TABLE 26 FRANCE MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 52
TABLE 27 ITALY: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 53
TABLE 28 ITALY MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 53
TABLE 29 SPAIN: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 53
TABLE 30 SPAIN MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 54
TABLE 31 UK: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 54
TABLE 32 UK MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 54
TABLE 33 REST OF EUROPE: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 55
TABLE 34 REST OF EUROPE MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 55
TABLE 35 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2030 (USD MILLION) 56
TABLE 36 ASIA PACIFIC: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 57
TABLE 37 ASIA PACIFIC MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 57
TABLE 38 CHINA: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 57
TABLE 39 CHINA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 58
TABLE 40 JAPAN: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 58
TABLE 41 JAPAN MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 58
TABLE 42 INDIA: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 59
TABLE 43 INDIA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 59
TABLE 44 AUSTRALIA & NEW ZEALAND: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 59
TABLE 45 AUSTRALIA & NEW ZEALAND MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 60
TABLE 46 REST OF ASIA PACIFIC: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 60
TABLE 47 REST OF ASIA PACIFIC MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 60
TABLE 48 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2030 (USD MILLION) 61
TABLE 49 REST OF WORLD: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 62
TABLE 50 REST OF WORLD MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 62
TABLE 51 SOUTH AMERICA: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 62
TABLE 52 SOUTH AMERICA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 63
TABLE 53 MIDDLE EAST: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 63
TABLE 54 MIDDLE EAST MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 63
TABLE 55 AFRICA: MARKET ESTIMATES, BY TYPE, 2018-2030 (USD MILLION) 64
TABLE 56 AFRICA MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION) 64
TABLE 57 BOLTON FOODS: PRODUCTS OFFERED 67
TABLE 58 BOLTON FOODS: KEY DEVELOPMENTS 68
TABLE 59 THAI UNION GROUP PCL: PRODUCTS OFFERED 71
TABLE 60 THAI UNION GROUP PCL: KEY DEVELOPMENTS 74
TABLE 61 GRUPO CALVO: PRODUCTS OFFERED 77
TABLE 62 GRUPO CALVO: KEY DEVELOPMENTS 78
TABLE 63 OCEAN BRANDS: PRODUCTS OFFERED 81
TABLE 64 AMERICAN TUNA INC.: PRODUCTS OFFERED 82
TABLE 65 ANEKA TUNA INDONESIA.: PRODUCTS OFFERED 84
TABLE 66 WILD PLANET FOODS INC: PRODUCTS OFFERED 85
TABLE 67 SEA VALUE PLC: PRODUCTS OFFERED 86
TABLE 68 FRINSA DEL NOROESTE S.A.: PRODUCTS OFFERED 87
TABLE 69 BUMBLE BEE FOODS LLC: PRODUCTS OFFERED 89
TABLE 70 SIMPLOT AUSTRALIA PTY LTD: PRODUCTS OFFERED 92
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 13
FIGURE 2 GLOBAL CANNED TUNA MARKET ANALYSIS, BY TYPE, 2021 14
FIGURE 3 GLOBAL CANNED TUNA MARKET, BY TYPE, 2021 & 2030 (USD MILLION) 14
FIGURE 4 GLOBAL CANNED TUNA MARKET ANALYSIS, BY DISTRIBUTION CHANNEL, 2021 15
FIGURE 5 GLOBAL CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL, 2021 & 2030 (USD MILLION) 15
FIGURE 6 GLOBAL CANNED TUNA MARKET ANALYSIS, BY REGION, 2021 16
FIGURE 7 GLOBAL CANNED TUNA MARKET: STRUCTURE 18
FIGURE 8 RESEARCH PROCESS OF MRFR 19
FIGURE 9 DROC ANALYSIS OF GLOBAL CANNED TUNA MARKET 25
FIGURE 10 DRIVER IMPACT ANALYSIS 27
FIGURE 11 RESTRAINT IMPACT ANALYSIS 28
FIGURE 12 SUPPLY CHAIN: GLOBAL CANNED TUNA MARKET 30
FIGURE 13 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL CANNED TUNA MARKET 32
FIGURE 14 GLOBAL CANNED TUNA MARKET, BY TYPE, 2021 (% SHARE) 37
FIGURE 15 GLOBAL CANNED TUNA MARKET, BY DISTRIBUTION CHANNEL, 2021 (% SHARE) 41
FIGURE 16 GLOBAL CANNED TUNA MARKET, BY REGION, 2021 (% SHARE) 44
FIGURE 17 GLOBAL CANNED TUNA MARKET, BY REGION, 2018-2030(USD MILLION) 44
FIGURE 18 NORTH AMERICA: CANNED TUNA SHARE, BY COUNTRY, 2021 (% SHARE) 46
FIGURE 19 EUROPE: CANNED TUNA SHARE, BY COUNTRY, 2021 (% SHARE) 50
FIGURE 20 ASIA-PACIFIC: CANNED TUNA SHARE, BY COUNTRY, 2021 (% SHARE) 56
FIGURE 21 REST OF THE WORLD: CANNED TUNA SHARE, BY COUNTRY, 2021 (% SHARE) 61
FIGURE 22 BOLTON FOODS: SWOT ANALYSIS 68
FIGURE 23 THAI UNION GROUP PCL: FINANCIAL OVERVIEW SNAPSHOT 71
FIGURE 24 THAI UNION GROUP PCL: SWOT ANALYSIS 74
FIGURE 25 GRUPO CALVO: FINANCIAL OVERVIEW SNAPSHOT 76
FIGURE 26 GRUPO CALVO: SWOT ANALYSIS 79
FIGURE 27 FRINSA DEL NOROESTE S.A.: SWOT ANALYSIS 88
FIGURE 28 BUMBLE BEE FOODS LLC: SWOT ANALYSIS 90
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