The latest report by IMARC Group, titled “Tuna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” offers a comprehensive analysis of the global tuna market report. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global tuna market size reached US$ 43.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 59.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.

Tuna Market Trends: 

The global market is primarily driven by the increasing consumer awareness about the health benefits of tuna, such as its high protein content and omega-3 fatty acids. The rising popularity of Japanese cuisine, including sushi and sashimi, has led to an increase in tuna consumption worldwide. Moreover, advancements in fishing techniques and sustainable practices have enhanced tuna availability while addressing environmental concerns. The expanding middle-class population, particularly in developing regions, is contributing to increased consumption due to rising disposable incomes. Furthermore, the growth of the canned tuna industry provides a convenient and affordable protein source for consumers. Additionally, the development of cold chain logistics ensures the freshness and quality of tuna products, further driving market growth. Besides, promotional activities and strategic marketing by key players are increasing consumer engagement and brand loyalty. Moreover, government initiatives and regulations supporting sustainable fishing practices are fostering a positive market environment.       

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Global Tuna Market Scope & Growth Analysis:

The scope of the market is expanding due to technological innovations in fishing equipment and processing techniques. The increasing adoption of e-commerce platforms for the sale and distribution of tuna products is expanding market reach, especially in previously underserved regions. Additionally, the rising demand for premium and exotic tuna species in gourmet dining and specialty restaurants is opening new market segments. Health and wellness trends are encouraging consumers to incorporate more seafood into their diets, thereby propelling the tuna sales. Strategic partnerships and collaborations among key market players are facilitating market expansion and innovation. The development of value-added products such as tuna salads, spreads, and ready-to-eat meals is diversifying product offerings and attracting a wider consumer base. Furthermore, investments in sustainable fishing and aquaculture practices are ensuring long-term resource availability and market stability. Market analysis indicates that regulatory support for eco-friendly practices is also enhancing market attractiveness to environmentally conscious consumers.        

Competitive Landscape with Key Players:

• Thai Union
• Tri Marine
• Starkist

Key Market Segmentation:

Breakup by Type:

• Canned
• Frozen
• Fresh

Breakup by Species:

• Skipjack
• Yellowfin
• Albacore
• Bigeye
• Bluefin

Production Breakup by Region:

• Japan
• Indonesia
• Philippines
• Taiwan P.C.
• Republic of Korea
• Spain
• Others

Consumption Breakup by Region:

• Japan
• USA
• Republic of Korea
• China
• Taiwan P.C.
• European Union
• Others

Key Highlights of the Report:

• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Why Choose IMARC Research Report:

• Strong Market Research Expertise
• Targeted Marketing Strategies
• Innovative Solutions
• Comprehensive Analysis
• Accuracy and Reliability
• Provides Insightful Forecasts
• Available Customization Options
• Strong Customer Service

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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