The North America Tuna Fish Market would witness market growth of 3.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,111.6 Killo Tonnes, showcasing a growth of 3.5% (2019-2022).
The increasing popularity of sushi and sashimi, particularly in Western countries, has also contributed to the preference for wild-caught tuna. Sushi-grade tuna, often referred to as "sashimi-grade" or "Grade A," commands a premium in the market due to its high quality and the stringent standards imposed on its handling, storage, and transportation. This shift towards more traditional fishing practices and the preference for wild-caught tuna is a testament to the evolving tastes and sensibilities of consumers.
Tuna fish is a widely consumed seafood known for its distinct flavor and versatility in various culinary dishes. There are several species of tuna, with the most common varieties including albacore, yellowfin, skipjack, and bluefin.Tuna is in high demand and is a valuable commercial fishery. Its popularity is driven by its flavor, versatility, and nutritional benefits.
Tuna is popular for its convenience and versatility, making it a staple in many Canadian households. Canada's tuna production is primarily focused on the Atlantic Ocean. The country participates in the commercial fishing of various tuna species, including albacore and bluefin. Since canned tuna is an affordable, high-protein diet option for Americans, it is one of the most popular products in the region. Thus, the presence of strong producers and consumers in the region will aid in the expansion of the market in the coming years.
The US market dominated the North America Tuna Fish Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,385.7 Million by 2030. The Canada market is experiencing a CAGR of 5.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.5% during (2023 - 2030).
Based on Type, the market is segmented into Canned, Fresh, and Frozen. Based on Species, the market is segmented into Skipjack, Albacore, Yellowfin, Bigeye, Bluefin, and Others.. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Tuna Fish Market is Predict to reach USD 51.1 Billion by 2030, at a CAGR of 3.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Bolton Group, Century Pacific Foods Inc., The Jealsa Rianxeira S.AU. Group, ITOCHU Corporation, Thai Union Group PLC, Dongwon Enterprises Co. Ltd., IBL Ltd., F.C.F. Fishery Co., Ltd., SEA DELIGHT, LLC, and High Liner Foods.
By Type (Volume, Killo Tonnes, USD Million, 2019-2030)
By Species (Volume, Killo Tonnes, USD Million, 2019-2030)
By Country (Volume, Killo Tonnes, USD Million, 2019-2030)
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