Tuna Market Share, Size, Value, Trends, Growth, Key Players and Forecast Till 2023

Global Tuna Market Report, Historical Growth & Analysis of Top Key Players

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations.

Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Tuna Market Report By Product Type (Canned, Frozen and Fresh), Species (Skipjack, Yellowfin, Albacore, Bigeye and Bluefin), Region Over the recent years, the global tuna market has witnessed a positive growth due to numerous health benefits offered by tuna consumption along with longer shelf-life and rising sales of ready-to-eat product variants.

Market Overview: According to the latest report by IMARC Group, titled “Tuna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global tuna market reached a value of US$ 11.4 Billion in 2017. Tuna is a saltwater fish which belongs to the Scombridae family and is found in the temperate and subtropical waters of the Mediterranean Sea, Black Sea and Atlantic Ocean. It is a rich source of vitamin B12, vitamin B6, niacin, proteins, minerals, omega-3 fatty acids, etc. The consumption of tuna offers a large variety of health benefits such as protecting the skin and kidneys against infections, promoting the growth and development of muscles, preventing inflammatory diseases, and improving blood circulation and metabolism in the body. Tuna is regarded as a delicacy in several regions of the world and is prepared by adding different flavors and textures.

Report Description and Highlights

Report Description Global Tuna Market Trends:

Rapid urbanization and international food trends have led to the development of new food preferences and habits among the consumers. For instance, the popularity of sushi worldwide has further increased the demand for tuna, particularly in new markets such as the Middle East, Central Asia and Latin America. On the other hand, fresh tuna trade has been surpassed by the demand for ready-to-eat frozen and canned products as a result of hectic schedules of the consumers. These products also aid in easy transportation over larger distances and increase the shelf-life of tuna. Apart from this, rising production of processed tuna products helps in generating employment opportunities in the entire value chain including catching, processing and trade of tuna. Furthermore, due to growing environmental concerns among the consumers, a number of companies are offering Marine Stewardship Council (MSC) certified tuna which is captured and processed using sustainable methods.

Looking forward, the market value is projected to reach US$ 13.7 Billion by 2023, expanding at a CAGR of 3.2% during 2018-2023.

Tuna Market Segmentation: Market Segmentation by Species o Skipjack

Market Forecast

Sample Figure: Global: Tuna Market Forecast: Production Volume (in Million Tons), 2018-2023

184.3

191.7

199.3

207.3

2018

2019

2020

2021

215.6

224.2

2022

2023

Market Segmentation

Report Description o o o o

Yellowfin Albacore Bigeye Bluefin

Based on species, the report finds that Skipjack tuna dominates the total market. Skipjack tuna is followed by Yellowfin, Bigeye, Albacore and Bluefin.

Market Segmentation by Product Type o Canned o Frozen o Fresh On the basis of type, the market has been segmented as canned, fresh and frozen tuna. Amongst these, canned tuna is the most popular product type, accounting for the majority of the global share.

Request for a sample report: https://www.imarcgroup.com/request?type=report&id=985&flag=B

Market Segmentation

Report Description

For more information, click here: https://www.imarcgroup.com/tuna-market Production Breakup by Region • • • • • • •

Japan Indonesia Philippines Taiwan P.C. Republic of Korea Spain Others

Consumption Breakup by Region • • • •

Japan USA Republic of Korea Others

Market Segmentation

Report Description

Region-wise, Japan represents both the largest consumer and producer of tuna worldwide. Some of the other major producers include Indonesia, Philippines, Taiwan P.C., Republic of Korea and Spain, whereas, the United States and Republic of Korea are the major consumers of tuna.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • •

Thai Union Tri Marine Starkist Others

In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

Team Profile

Team Profile Our Team Comes From Some of the Top Universities Globally.

60% Engineering and Science

5% Others

35% Business Studies

Over 2000 Independent Consultants from different sectors.

Average Experience of 7+ Years

We are the trusted business partners to the

Partial List of Clients world's leading corporates, governments, and A partial List of our Clients institutions

We are the trusted business partners to the

Partial Listworld's of Clients leading corporates, governments, and

A partial List of our Clients

institutions

Report Description and Highlights

Report Description

© 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com