Tuna Fish Market Share, Size, Trends, Industry Analysis Report, By Species (Skipjack, Albacore, Yellowfin, Bigeye, Bluefin); By Type; By Region; Segment Forecast, 2023 - 2032

Tuna Fish Market Share, Size, Trends, Industry Analysis Report, By Species (Skipjack, Albacore, Yellowfin, Bigeye, Bluefin); By Type; By Region; Segment Forecast, 2023 - 2032



The global tuna fish market size is expected to reach USD 51.76 billion by 2032, according to a new study by Polaris Market Research. The report “Tuna Fish Market Share, Size, Trends, Industry Analysis Report, By Species (Skipjack, Albacore, Yellowfin, Bigeye, Bluefin); By Type; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The tuna fish market is being driven by a combination of factors, including increasing demand for protein-rich food, the growing popularity of sushi and another Asian cuisine, rising awareness of the health benefits of omega-3s, increasing availability of sustainable tuna, and the convenience and affordability of canned tuna. Tuna is a highly sought-after seafood product worldwide, and its demand is increasing in various countries, such as the United States, Japan, and Europe.

The global demand has increased the production and trade of tuna, fueling the growth of the tuna fish market. According to the Marine Stewardship Council, more than 8% of all seafood trade worldwide comprises tuna, making it a global product. This will further fuel the growth of the market in the projected timeframe.

The growing demand for canned fish is fueling the market’s growth. Tuna is one of the most popular canned fish products, and it is known for its versatility and nutritional value. In the United States, canned tuna is one of the most popular seafood items, with a 14-pound annual consumption average. Around 75-80% of canned tuna consumed annually in the United States is chunky light meat in water, the most popular variety.

Studies show that large homes consume more canned tuna than average-sized households, with one in four Americans eating it at least once a week. Summer is the season when canned tuna is most in demand. Tuna fish is versatile and can be used in various dishes such as salads, sandwiches, casseroles, and pasta dishes. Tuna is also available in different forms, such as canned, pouches, and fresh, giving consumers a diverse range of options. Around 22% of the tuna consumed in the United States is consumed in salads, while 15.5% is consumed in casseroles. This is driving the growth of the market in the coming years.

Tuna Fish Market Report Highlights

Skipjack segment is anticipated to grow at a higher rate owing to the affordability and growing popularity of the species.

Canned segment accounted for the higher growth rate owing to the growing demand for healthy and sustainable food options.

Europe garnered the larger revenue share in the forecast period owing to the high per capita consumption of tuna, import demand, and increasing demand for high-quality seafood.

The global players include High Liner Foods, Surapon Foods, Thai Union, Waterbase, ITOCHU, Dongwon, IBL, Century Pacific Food, Bolton, Golden Prize Canning, Crown Prince, FCF, American Tuna & Sea Delight.

Polaris Market Research has segmented the tuna fish market report based on species, type, and region:

Tuna Fish, Species Outlook (Revenue - USD Billion, 2019 - 2032)

Skipjack

Albacore

Yellowfin

Bigeye

Bluefin

Tuna Fish, Type Outlook (Revenue - USD Billion, 2019 - 2032)

Canned

Fresh

Frozen

Tuna Fish, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Tuna Fish Market Insights
4.1. Tuna Fish Market – Industry Snapshot
4.2. Tuna Fish Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing seafood consumption
4.2.1.2. Rising popularity of sushi and sashimi
4.2.2. Restraints and Challenges
4.2.2.1. Growing consumer inclination toward plant-based protein
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Tuna Fish Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Tuna Fish Market, by Species
5.1. Key Findings
5.2. Introduction
5.2.1. Global Tuna Fish, by Species, 2019-2032 (USD Billion)
5.3. Skipjack
5.3.1. Global Tuna Fish Market, by Skipjack, by Region, 2019-2032 (USD Billion)
5.4. Albacore
5.4.1. Global Tuna Fish Market, by Albacore, by Region, 2019-2032 (USD Billion)
5.5. Yellowfin
5.5.1. Global Tuna Fish Market, by Yellowfin, by Region, 2019-2032 (USD Billion)
5.6. Bigeye
5.6.1. Global Tuna Fish Market, by Bigeye, by Region, 2019-2032 (USD Billion)
5.7. Bluefin
5.7.1. Global Tuna Fish Market, by Bluefin, by Region, 2019-2032 (USD Billion)
6. Global Tuna Fish Market, by Type
6.1. Key Findings
6.2. Introduction
6.2.1. Global Tuna Fish Market, by Type, 2019-2032 (USD Billion)
6.3. Canned
6.3.1. Global Tuna Fish Market, by Canned, by Region, 2019-2032 (USD Billion)
6.4. Fresh
6.4.1. Global Tuna Fish Market, by Fresh, by Region, 2019-2032 (USD Billion)
6.5. Frozen
6.5.1. Global Tuna Fish Market, by Frozen, by Region, 2019-2032 (USD Billion)
7. Global Tuna Fish Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Tuna Fish Market Assessment, By Geography, 2019-2032 (USD Billion)
7.3. Tuna Fish Market – North America
7.3.1. North America: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.3.2. North America: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.3.3. Tuna Fish Market – U.S.
7.3.3.1. U.S.: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.3.3.2. U.S.: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.3.4. Tuna Fish Market – Canada
7.3.4.1. Canada: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.3.4.2. Canada: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.4. Tuna Fish Market – Europe
7.4.1. Europe: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.4.2. Europe: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.4.3. Tuna Fish Market – UK
7.4.3.1. UK: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.4.3.2. UK: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.4.4. Tuna Fish Market – France
7.4.4.1. France: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.4.4.2. France: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.4.5. Tuna Fish Market – Germany
7.4.5.1. Germany: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.4.5.2. Germany: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.4.6. Tuna Fish Market – Italy
7.4.6.1. Italy: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.4.6.2. Italy: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.4.7. Tuna Fish Market – Spain
7.4.7.1. Spain: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.4.7.2. Spain: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.4.8. Tuna Fish Market – Netherlands
7.4.8.1. Netherlands: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.4.8.2. Netherlands: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.4.9. Tuna Fish Market – Russia
7.4.9.1. Russia: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.4.9.2. Russia: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.5. Tuna Fish Market – Asia Pacific
7.5.1. Asia Pacific: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.5.2. Asia Pacific: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.5.3. Tuna Fish Market – China
7.5.3.1. China: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.5.3.2. China: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.5.4. Tuna Fish Market – India
7.5.4.1. India: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.5.4.2. India: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.5.5. Tuna Fish Market – Malaysia
7.5.5.1. Malaysia: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.5.5.2. Malaysia: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.5.6. Tuna Fish Market – Japan
7.5.6.1. Japan: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.5.6.2. Japan: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.5.7. Tuna Fish Market – Indonesia
7.5.7.1. Indonesia: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.5.7.2. Indonesia: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.5.8. Tuna Fish Market – South Korea
7.5.8.1. South Korea: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.5.8.2. South Korea: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.6. Tuna Fish Market – Middle East & Africa
7.6.1. Middle East & Africa: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.6.2. Middle East & Africa: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.6.3. Tuna Fish Market – Saudi Arabia
7.6.3.1. Saudi Arabia: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.6.3.2. Saudi Arabia: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.6.4. Tuna Fish Market – UAE
7.6.4.1. UAE: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.6.4.2. UAE: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.6.5. Tuna Fish Market – Israel
7.6.5.1. Israel: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.6.5.2. Israel: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.6.6. Tuna Fish Market – South Africa
7.6.6.1. South Africa: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.6.6.2. South Africa: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.7. Tuna Fish Market – Latin America
7.7.1. Latin America: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.7.2. Latin America: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.7.3. Tuna Fish Market – Mexico
7.7.3.1. Mexico: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.7.3.2. Mexico: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.7.4. Tuna Fish Market – Brazil
7.7.4.1. Brazil: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.7.4.2. Brazil: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
7.7.5. Tuna Fish Market – Argentina
7.7.5.1. Argentina: Tuna Fish Market, by Type, 2019-2032 (USD Billion)
7.7.5.2. Argentina: Tuna Fish Market, by Species, 2019-2032 (USD Billion)
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. High Liner Foods
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Surapon Foods
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Thai Union
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. Waterbase
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. ITOCHU
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Dongwon
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. IBL
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. Century Pacific Food
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. Bolton
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Jealsa Rianxeira
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Grupo Albacore
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. CANNING
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Bumble Bee Foods
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development
9.14. Golden Prize Canning
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Recent Development
9.15. Crown Prince
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Recent Development
9.16. American Tuna
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. Product Benchmarking
9.16.4. Recent Development
9.17. FCF
9.17.1. Company Overview
9.17.2. Financial Performance
9.17.3. Product Benchmarking
9.17.4. Recent Development
9.18. Sea Delight
9.18.1. Company Overview
9.18.2. Financial Performance
9.18.3. Product Benchmarking
9.18.4. Recent Development

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