Canned tuna is a rich source of protein and is low in calories and fat, making it a popular choice among health-conscious consumers. The increasing popularity of ready-to-eat meals has also augmented the demand for canned tuna around the world. Easy availability in retail channels and long shelf life are some key advantages bolstering the sales of canned tuna products. The canned tuna market is expected to grow significantly over the next few years due to rising health awareness and changing lifestyles of consumers.
Canned Tuna Market is estimated to be valued at USD 21.34 Bn in 2025 and is expected to reach USD 29.04 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2025 to 2032.
Key Takeaways
Key players operating in the canned tuna market are Frinsa, Thai Union Group PCL, Century Pacific Food Inc., Bumble Bee Foods, LLC, Jealsa, Grupo Calvo, PT. Aneka Tuna Indonesia, American Tuna, The Jim Pattison Group, Bolton Group, Dongwon Group. These companies are expanding their production capacity and product lines to strengthen their market presence.
The growing middle-class population in emerging countries is creating profitable Canned Tuna Market Opportunities for manufacturers. Premiumization of canned tuna through emphasis on quality ingredients, sustainable sourcing, and attractive packaging is a key trend shaping the market.
Major players are diversifying their product offerings to cater to the needs of health-conscious and on-the-go consumers. They are also expanding their distribution networks globally to capitalize on the demand from regions like Asia Pacific and Latin America.
Market Drivers
Changing lifestyles: Busy work routines have increased the preference for convenient packaged food products like canned tuna. The on-the-go consumption trend is favoring the market growth.
Health benefits: Canned tuna is low in calories and fat but high in omega-3 fatty acids, vitamin D, and protein. The nutritional profile is encouraging its uptake as a healthier meat alternative.
Market Restraints
High prices of premium products: The premiumization trend has led to an increase in the prices of canned tuna products containing high-quality tuna sourced through sustainable practices. This can limit sales to some extent.
Trade barriers: Export/import tariff policies related to tuna trade pose challenges for manufacturers looking to strengthen their global presence. Stringent fishing regulations also add to the overall business costs.
Segment Analysis
The canned tuna market is dominated by the regular tuna segment. Regular tuna accounts for over 60% of the total market as it is widely used in sandwiches, salads and pasta dishes due to its mild and versatile flavor. Skipjack tuna is the second largest segment accounting for 25% share. Skipjack tuna has higher fat content and soft texture making it ideal for use in salads and ready meals. Albacore tuna segment holds the remaining 15% share and is preferred for its firmer texture and meatier flakes. Albacore tuna is used to make tuna melts, casseroles and appetizers.
Global Analysis
The Asia Pacific region currently dominates the global canned tuna market with over 35% share. Rapid urbanization and rising disposable incomes in countries like China and India are driving the demand for affordable protein rich canned foods. North America is the second largest regional canned tuna market supported by increasing popularity of seafood meals. The Europe market accounts for 25% share led by heavy seafood consuming nations such as Spain, France and Italy. Latin America and Middle East & Africa are identified as new growth hotspots with annual growth rates above 7% over the forecast period. Factors such as growing population, expansion of retail channels and rising health consciousness are expected to boost regional canned tuna markets globally.
Get This Report in Japanese Language - マグロ缶詰市場
Get This Report in Korean Language - 통조림 참치 시장
About Author:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
(LinkedIn: www.linkedin.com/in/alice-mutum-3b247b137 )
Comments
0 comment