Global Canned Tuna Market was valued at USD 7.729 billion in 2021 and is expected to reach USD 10.490 billion by the year 2028, at a CAGR of 4.46%.
A market analysis on the global market for Canned Tuna covering the years 2022 to 2028 has been released. The global Canned Tuna market, with all of its ups and downs over the years, is examined in the report. Demand and supply on the market are influenced by a number of variables, such as macroeconomic characteristics, consumer purchasing trends, microeconomic parameters, the GDP growth rate, the inflation rate, and demand and supply scenarios.
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The component and request breakdowns, along with an inside-out objective analysis that gives a comprehensive view of the global Canned Tuna market, are all included in this study. The study also includes details on the end-user businesses, a brief evaluation of their product offerings, details about their distributors and suppliers, and an estimate of product demand. Strong points are emphasised, weaknesses are discovered, opportunities are found, and threats are identified as a result of the SWOT analysis, allowing for an effective and dependable compilation of the full report.
Key Prominent Players In The Canned Tuna Market:
- Dongwon
- Bumble Bee Foods
- Crown Prince Inc.
- Natural Sea
- Wild Planet
- American Tuna
- Century Pacific Food
- Frinsa del Noroeste
- Hagoromo
- Thai Union Group (TUF) and Other Major Players.
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Market segmentation
The Canned Tuna market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
Canned Tuna Market Segment by Types, Estimates, and Forecast by 2028
- Canned White Tuna
- Canned Light Tuna
Canned Tuna Market Segment by Applications, Estimates, and Forecast by 2028
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retailers
Regional Analysis for COVID-19 Outbreak-Global Canned Tuna Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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Impact of COVID-19 on Canned Tuna Market
Amidst the lockdown, the demand for the canned products with a longer shelf life for around 1 to 5 years increased. Consumers were hoarding the products that were processed and had health benefits along with it increasing the market size of the canned tuna market. Due to lack of transportation, retailers are facing issues from the shortage of supplies from manufacturers. The disruptions due to the restrictions from the import and export services can be a hamper to the growth of Canned tuna market.
Key Topics Covered in the Report
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Canned Seafood Market
- Historic Growth of the Overall Global Canned Seafood Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter's 5 Forces Analysis of the Global Canned Seafood Market
- Overview, Product Offerings, and SWOT Analysis of Key Competitors
- COVID-19 Impact on the Overall Global Canned Seafood Market
- Future Market Forecast and Growth Rates of the Total Global Canned Seafood Market and by Segments
- Market Size of Product/End User Segments with Historical CAGR and Future Forecasts
- Analysis of the Canned Seafood Market in Major Regions
- Major Production/Consumption Hubs in the Major Regions
- Overview of Notable Emerging Competitor Companies within Each Major Country
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