The Global Tuna Fish Market will Hit USD 51.1 Billion by 2030, at a CAGR of 3.3%

31-Oct-2023 | Report Format: Electronic (PDF)

Tuna Fish Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Tuna Fish Market size is expected to reach $51.1 billion by 2030, rising at a market growth of 3.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 5221.4 Killo Tonnes experiencing a growth of 3.7% (2019-2022).

The Canned segment is leading the Global Tuna Fish Market by Type in 2022; thereby, achieving a market value of $36.3 Billion by 2030. Canned tuna is a convenient option, as it is readily available and has a longer shelf life compared to fresh tuna. It can be stored in the pantry, making it an accessible source of protein. It is widely available, making it an easily accessible source of seafood in areas where fresh seafood may not be readily obtainable. Canned tuna has a longer shelf life, allowing for storage and use over an extended period without the risk of spoilage.

The Yellowfin segment is registering a CAGR of 3.7% during (2023-2030). Yellowfin tuna is a prized choice for sushi and sashimi due to its vibrant red to pink flesh and rich flavor. Its appeal in Japanese cuisine has contributed to its popularity in sushi restaurants worldwide. With an increasing focus on health and wellness, there is a growing demand for seafood. Yellowfin tuna, with its lean protein content and omega-3 fatty acids, is a preferred choice for individuals seeking a nutritious diet.

The Europe region dominated the Global Tuna Fish Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $18.05 Billion by 2030. The North America region is experiencing a CAGR of 3.1% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 3.7% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/tuna-fish-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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, High Liner Foods.

Global Tuna Fish Market Segmentation

By Type (Volume, Killo Tonnes, USD Million, 2019-2030)

  • Canned
  • Fresh
  • Frozen

By Species (Volume, Killo Tonnes, USD Million, 2019-2030)

  • Skipjack
  • Albacore
  • Yellowfin
  • Bigeye
  • Bluefin
  • Others

By Geography (Volume, Killo Tonnes, USD Million, 2019-2030)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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
  • High Liner Foods

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