Canned Tuna Market To Attain A Value Of 4483.5 Million USD By 2024

Canned Tuna Market

Canned tuna is inexpensive and packed with protein. The fish is mild in flavor and versatile enough to include in a variety of nutritious recipes.

Based on product type, the canned tuna market is segmented into Canned White Tuna and Canned Light Tuna. The canned tuna industry is majorly supplied by wild fishing open sea/ocean fishing and the market is driven by culinary products like sashimi and sushi. The canned albacore/white tuna segment will account for the major shares of the canned tuna market throughout the forecast period. Canned Albacore tuna is the most preferred tuna by the consumers due to its convenience of consumption, nutritional benefits, and its abundant availability.

Canned tuna products are sold mainly across three channels: branded retail; private label/original equipment manufacturer OEM; and food services. Based on the distribution channel, the market is segmented into Supermarkets and Hypermarkets, Convenience Stores, Online Retailers and etc. Among these Supermarkets and Hypermarkets distribution channel is the major marketing method for canned tuna, almost 80% of canned tuna are sold through Supermarkets and Hypermarkets in 2017.

Each of the Canned Tuna manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Canned Tuna manufacturers keep keen on expanding their Canned Tuna sales. To achieve better sales businesses, Canned Tuna manufacturers usually invest in their marketing channel infrastructure every year.

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According to this study, over the next five years, the Canned Tuna market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 4483.5 million by 2024, from US$ 3972.8 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Canned Tuna business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Canned Tuna market by product type, application, key manufacturers and key regions and countries.

This study considers the Canned Tuna value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Canned White Tuna
Canned Light Tuna

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Supermarkets and Hypermarkets
Convenience Stores
Online Retailers
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

America
APAC
Europe
Middle East & Africa

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The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Dongwon
Bumble Bee Foods
Thai Union Group TUF
Crown Prince, Inc.
Natural Sea
Wild Planet
American Tuna
Century Pacific Food
Frinsa del Noroeste
Hagoromo

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives

To study and analyze the global Canned Tuna consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Canned Tuna market by identifying its various subsegments.
Focuses on the key global Canned Tuna manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Canned Tuna with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Canned Tuna submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

We also can offer a customized report to fulfill the special requirements of our clients. Regional and Countries report can be provided as well.

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