Central America Canned Tuna Market Report and Forecast 2024-2032

Central America Canned Tuna Market Report and Forecast 2024-2032



Market Outlook

According to the report by Expert Market Research (EMR), the Central America canned tuna market is projected to grow at a CAGR of 5.40% between 2024 and 2032. Aided by the growing demand for convenient and long-lasting food solutions, alongside the sustained popularity of seafood in the region, the market is expected to grow significantly by 2032.

Canned tuna, recognised for its rich protein content and ease of preparation, has been a pantry staple in many Central American households for decades. Harvested from the vast Pacific and Caribbean shores, the tuna undergoes a preservation process and is then sealed in cans to ensure freshness and longevity. It's not only a dietary source rich in omega-3 fatty acids, vitamins, and minerals but also provides a handy meal solution for a rapidly urbanizing population.

A primary driver for the Central America canned tuna market growth is the region's inherent cultural inclination towards seafood, given its extensive coastal lines. Tuna, being one of the more affordable marine products, sees a higher consumption rate, further enhanced when offered in a convenient canned format.

Moreover, the urban sprawl and shifting work patterns in countries like Costa Rica, Belize, and El Salvador are creating a populace that values quick meal solutions. As per the Central America canned tuna market analysis, canned tuna, requiring minimal cooking time, fits the bill perfectly. Additionally, its long shelf-life means households can stock up, reducing the frequency of grocery trips - a particularly advantageous feature in the wake of disruptions caused by events like the global pandemic.

Yet, the consumer base isn't solely driven by convenience. With a growing global emphasis on health and fitness, Central Americans too are becoming more health conscious. This shift towards healthier diets is amplifying the demand for protein-rich foods, and canned tuna, with its plethora of health benefits, is finding its place in many fitness enthusiasts' diets, which further propels the Central America canned tuna market demand.

Furthermore, the versatility of canned tuna in culinary applications cannot be overstated. From salads to sandwiches, and from pasta to local delicacies, tuna is an adaptable ingredient that caters to a variety of taste palettes, further bolstering its market demand. Additionally, Central America its abundant marine resources, it is also a significant exporter of canned tuna, catering to markets in North America, Europe, and even Asia, further increasing the value of the Central America canned tuna market size.

Market Segmentation

The market can be divided based on product, distribution channel, and country.

Market Breakup by Product
  • Skipjack
  • Yellowfin
  • Others
Market Breakup by Distribution Channel
  • Hypermarket and Supermarket
  • Speciality Stores
  • Online
  • Others
Market Breakup by Country
  • Costa Rica
  • El Salvador
  • Guatemala
  • Panama
  • Others
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Central America canned tuna market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Dongwon Group
  • Bolton Group
  • Bumble Bee Foods, LLC
  • Grupo Calvo
  • Camil Alimentos S/A
  • Grupo Herdez
  • JEALSA
  • Tri Marine Group
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Central America Canned Tuna Market Analysis
8.1 Key Industry Highlights
8.2 Central America Canned Tuna Historical Production (2018-2023)
8.3 Central America Canned Tuna Production Forecast (2024-2032)
8.4 Central America Canned Tuna Historical Consumption (2018-2023)
8.5 Central America Canned Tuna Consumption Forecast (2024-2032)
8.6 Central America Canned Tuna Market by Product
8.6.1 Skipjack
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Yellowfin
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Central America Canned Tuna Market by Distribution Channels
8.7.1 Hypermarket and Supermarket
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Specialty Stores
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Online
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Central America Canned Tuna Market by Country
8.8.1 Market Share
8.8.1.1 Costa Rica
8.8.1.2 El Salvador
8.8.1.3 Guatemala
8.8.1.4 Panama
8.8.1.5 Others
9 Regional Analysis
9.1 Costa Rica
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Per Capita Consumption
9.2 El Salvador
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Per Capita Consumption
9.3 Guatemala
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Per Capita Consumption
9.4 Panama
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Per Capita Consumption
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Powers
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
11 Trade Data Analysis (HS Code – 160414)
11.1 Major Exporting Countries
11.1.1 By Value
11.1.2 By Volume
11.2 Major Importing Countries
11.2.1 By Value
11.2.2 By Volume
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Dongwon Group
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Bolton Group
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Bumble Bee Foods, LLC
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Grupo Calvo
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Camil Alimentos S/A
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Grupo Herdez
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 JEALSA
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Tri Marine Group
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Others
13 Key Trends and Developments in the Market
List of Figures and
Tables
1. Central America Canned Tuna Market: Key Industry Highlights, 2018 and 2032
2. Central America Canned Tuna Historical Market: Breakup by Product (USD Million), 2018-2023
3. Central America Canned Tuna Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Central America Canned Tuna Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
5. Central America Canned Tuna Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
6. Central America Canned Tuna Historical Market: Breakup by Country (USD Million), 2018-2023
7. Central America Canned Tuna Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Major Exporting Countries by Value
9. Major Importing Countries by Value
10. Major Exporting Countries by Volume
11. Major Importing Countries by Volume
12. Central America Canned Tuna Market Structure

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