Canned Seafood Market size was valued at US$ 32.36 Bn US$ in 2023 and is expected to reach 42.02 Bn in 2030. The Global Canned Seafood Market is expected to grow at a CAGR of 3.8% through the forecast period.
Canned Seafood Market Overview:
The canned seafood market has been steadily growing as consumers increasingly seek convenient, long shelf-life products without compromising on taste or nutritional value. Canned seafood products, such as tuna, salmon, sardines, and mackerel, are widely popular due to their portability and ease of use. As urbanization and busy lifestyles continue to rise, demand for ready-to-eat food products, including canned seafood, has surged globally, offering a significant market opportunity for manufacturers.
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Canned Seafood Market Trends:
A notable trend in the canned seafood market is the shift toward sustainable sourcing and eco-friendly packaging. With the increasing concern over overfishing and marine conservation, consumers and manufacturers are focusing on responsibly sourced seafood. Certifications like the Marine Stewardship Council (MSC) are becoming more common, ensuring that the seafood used is sustainably caught, which appeals to environmentally-conscious consumers.
What are Canned Seafood Market Dynamics?
The global canned seafood market is influenced by several factors, including the increasing consumer preference for protein-rich foods, convenience, and long shelf life. Additionally, canned seafood is an affordable source of high-quality seafood, making it popular in both developed and emerging markets. Rising disposable incomes and changes in dietary patterns have contributed to the market’s growth, as more consumers opt for packaged, ready-to-eat foods.
Canned Seafood Market Opportunities:
The growing demand for convenient and nutritious food options presents significant growth opportunities in the canned seafood market. Manufacturers can tap into niche markets by offering innovative products such as organic, non-GMO, or allergen-free canned seafood, catering to health-conscious consumers. Additionally, expanding into emerging markets where urbanization and changing eating habits are on the rise offers substantial growth prospects.
What is Canned Seafood Market Regional Insight?
The Asia-Pacific region dominates the canned seafood market due to its proximity to key seafood-producing countries and the traditional consumption of canned fish. Countries such as China, Japan, and Thailand are major players in the production and export of canned seafood. Rising consumer awareness of health benefits and sustainable sourcing is also driving the growth of the market in this region.
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What is Canned Seafood Market Segmentation?
by Product Type
Tuna
Salmon
Sardines
Prawns
Shrimp
other seafood
by Distribution channel
Supermarkets & Hypermarkets
Convenience Stores
Online Stores
Others
by End User
Households
Commercial
Some of the current players in the Canned Seafood Market are:
North America
1. Bumble Bee Seafoods (U.S)
2. StarKist Co. (U.S)
3. Tradient Seafoods (U.S)
4. American Tuna, Inc. (U.S)
5. Wild Planet Foods (U.S)
6. The Fish & Meat Co.(U.S)
7. Capital Fish Company (U.S)
8. Icicle Seafoods Inc (U.S)
9. Universal Canning Inc (U.S)
10. Tri Marine Group (U.S)
11. Trident Seafoods Corporation (U.S)
12. Brunswick Seafood (Canada)
13. The Calvo Group (Guam)
14. Royal Greenlands (Greenland)
15. Scout Canning (US)
Europe
1. Connors Bros Ltd. (U.K)
2. LDH (La Doria) Ltd (Italy)
3. Nueva Pescanova (Spain)
4. Marine Harvest (Norway)
Asia Pacific
1. Dongwon Industries (South Korea)
2. Sajo Industries (South Korea)
3. Simon Peter Fish & Meat Company (India)
4. SANTHI Fisheries (India)
5. Metarch Exports (India)
6. Nippon Suisan Kaisha Ltd.(Japan)
7. Maruha Nichiro Corporation (Japan)
8. Thai Union Group (Thailand)
South America
1. AquaChile (Chile)
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Key Offerings:
- Past Market Size and Competitive Landscape
- Canned Seafood Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Canned Seafood Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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