Canned Tuna Market Research Report Information by Type (Skipjack Tuna, Yellowfin Tuna, Albacore Tuna, and Others), by Distribution Channel (Store-Based, and Non-Store-Based), and By Region (North America, Europe, Asia-Pacific, and Rest of the world) – Ind

Canned Tuna Market Research Report Information by Type (Skipjack Tuna, Yellowfin Tuna, Albacore Tuna, and Others), by Distribution Channel (Store-Based, and Non-Store-Based), and By Region (North America, Europe, Asia-Pacific, and Rest of the world) – Industry Forecast Till 2030

In 2021 the canned tuna market was worth USD 10,258.36 million. With a compound annual growth rate (CAGR) of 4.51% throughout the projection period (2022– 2030), the market for canned tuna is predicted to rise from 2022 to USD 15,103.07 million by 2030. The rising inclusion of highly nutritious foods in regular diets as well as the expansion of e-commerce companies help to boost the consistent demand for canned tuna.

Thanks in great part to its great nutritional value and simplicity, canned tuna has been rather popular recently. Lean fish high in protein, omega-3 fatty acids, vitamins, minerals, and minerals tuna is For those trying to keep a good lifestyle, it is also low in calories and fat, which makes it a common choice. Convenience is one of the main reasons canned tunas is becoming more and more popular in regular diets. Easy to prepare, reasonably priced, and long-storable, canned tuna is readily available. Sandwiches, salads, and spaghetti are just a few of the dishes it can be found in. Furthermore, canned tuna is a cheap source of premium protein, thus it's an excellent option for people on a limited means. Those with busy schedules who need a quick and simple supply of nutrients will also find great benefit from it. Rising demand for canned tuna is driven by its popularity in tuna sandwiches and delis.

Market segment analysis
Skipjack tuna, yellowfin tuna, albacore tuna, and others define four different segments of the canned tuna market.
Store-based and non-store-based distribution channels now separate the canned tuna market.

Regional Analysis
Four regions define the market: North America, Europe, Asia Pacific, and the rest of the globe. At a CAGR of 4.36%, Europe's canned tuna market is expected to rise to account for 38% of the market in 2021. Second-largest canned tuna market share is expected for Europe worldwide. The demand of the millennial generation is the reason behind this. Less time spent cooking has come from the rise in working women and their hectic schedules.

The United States, Canada, and Mexico together make the North American territory. Among the most regularly eaten meals in the United States, the average person consumes about 14 pounds of canned tuna annually—more especially, canned light tuna.

Asia Pacific's vast client base results in third-largest market share among regions. The region's expanding millennial population and their inclination for convenience foods have helped to support the local market. Growing urbanization and the acceptance of Western lifestyles have driven demand for the industry to widen.

Emerging as important markets with great growth potential are new untapped markets in Middle Eastern and African nations such Saudi Arabia and Egypt.

Key Players
Thai Union Group PCL, Bolton Foods, Grupo Calvo, Ocean Brands, American Tuna Inc., Aneka Tuna Indonesia, Wild Planet Foods Inc., Sea Value PLC, and many others are among the significant players underlined in the international canned tuna study.