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Global Packaged Tuna Market to reach USD XX billion by the end of 2030.

Global Packaged Tuna Market Size study & Forecast, by Form (Canned, Pouches, Others), by Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Convenience Stores, Online, Others) and Regional Analysis, 2023-2030

Product Code: OIRFB-79114187
Publish Date: 30-10-2023
Page: 200

Global Packaged Tuna Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Packaged tuna refers to canned or packaged tuna fish that is commonly available in grocery stores and supermarkets. It is a popular and convenient option for consumers who enjoy the taste and nutritional benefits of tuna but prefer a longer shelf life and easy storage. Packaged tuna typically comes in metal cans or pouches that are sealed to maintain the freshness and quality of the fish. It is a widely consumed product worldwide and is known for its versatility in various dishes, such as tuna sandwiches, salads, pasta dishes, and sushi. The key factors driving the market growth are rising seafood demand, growing health consciousness, and rising demand for ready-to-eat and ready-to-cook meals that anticipated to support the market growth during the forecast period 2023-2030.

Moreover, the growing demand for ready-to-eat meals has indeed supported the growth of the packaged tuna market. The ready-to-eat meals provide a quick and convenient solution for busy individuals or those seeking easy meal options. Packaged tuna, often available in cans or pouches, offers a ready source of protein that can be easily incorporated into various RTE meal options. Thus, the growing demand for ready-to-eat meals is anticipated to support the market growth. According to Statista, in 2020, the global ready-to-eat meals market was valued at USD 0.44 trillion; in 2022 the market reached USD 0.51 trillion, and it is anticipated to reach USD 0.64 trillion by 2025. Additionally, the growing e-commerce channels is anticipated to create a lucrative opportunity for the market during the forecast period 2023-2030. However, the growing vegan population stifle the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Packaged Tuna Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing seafood demand, a significant rise in the number of working professionals, and increasing demand for convenience food is anticipated to aid market growth. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rapid urbanization and incorporation of western lifestyles, growing export of tuna, and rising inclination towards convenience food has contributed to boosting the regional market.

Major market player included in this report are:
Thai Union Group PCL
Bumble Bee Foods, LLC
Century Pacific Food Inc.
Jealsa Corporación
Grupo Calvo
Wild Planet Foods Inc.
PT. Aneka Tuna Indonesia
American Tuna Inc.
Ocean Brands

Recent Developments in the Market:
Ø In January 2020, five new flavours of spicy tuna flakes were introducedto the Thai market by the Thai Union in collaboration with a regional manufacturer of mixed chilli paste. The five flavours of the SEALECT spicy tuna flakes include essential Thai spices such as galangal, turmeric, bird’s eye chilli, pepper, and lemongrass. The company introduced the new item in response to rising consumer demand for creative meal options.

Global Packaged Tuna Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Form, Distribution Channel, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form:
By Distribution Channel:
Hypermarkets & Supermarkets
Specialty Stores
Convenience Stores

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Packaged Tuna Market, by Region, 2020-2030 (USD Billion)
1.2.2. Packaged Tuna Market, by Form, 2020-2030 (USD Billion)
1.2.3. Packaged Tuna Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Packaged Tuna Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Packaged Tuna Market Dynamics
3.1. Packaged Tuna Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rising seafood demand Growing health consciousness Rising ready-to-eat meals demand
3.1.2. Market Challenges Growing vegan population
3.1.3. Market Opportunities Growing e-commerce channel
Chapter 4. Global Packaged Tuna Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Packaged Tuna Market, by Form
5.1. Market Snapshot
5.2. Global Packaged Tuna Market by Form, Performance – Potential Analysis
5.3. Global Packaged Tuna Market Estimates & Forecasts by Form 2020-2030 (USD Billion)
5.4. Packaged Tuna Market, Sub Segment Analysis
5.4.1. Canned
5.4.2. Pouches
5.4.3. Others
Chapter 6. Global Packaged Tuna Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Packaged Tuna Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Packaged Tuna Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Packaged Tuna Market, Sub Segment Analysis
6.4.1. Hypermarkets & Supermarkets
6.4.2. Specialty Stores
6.4.3. Convenience Stores
6.4.4. Online
6.4.5. Others
Chapter 7. Global Packaged Tuna Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Packaged Tuna Market, Regional Market Snapshot
7.4. North America Packaged Tuna Market
7.4.1. U.S. Packaged Tuna Market Form breakdown estimates & forecasts, 2020-2030 Distribution Channel breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Packaged Tuna Market
7.5. Europe Packaged Tuna Market Snapshot
7.5.1. U.K. Packaged Tuna Market
7.5.2. Germany Packaged Tuna Market
7.5.3. France Packaged Tuna Market
7.5.4. Spain Packaged Tuna Market
7.5.5. Italy Packaged Tuna Market
7.5.6. Rest of Europe Packaged Tuna Market
7.6. Asia-Pacific Packaged Tuna Market Snapshot
7.6.1. China Packaged Tuna Market
7.6.2. India Packaged Tuna Market
7.6.3. Japan Packaged Tuna Market
7.6.4. Australia Packaged Tuna Market
7.6.5. South Korea Packaged Tuna Market
7.6.6. Rest of Asia Pacific Packaged Tuna Market
7.7. Latin America Packaged Tuna Market Snapshot
7.7.1. Brazil Packaged Tuna Market
7.7.2. Mexico Packaged Tuna Market
7.8. Middle East & Africa Packaged Tuna Market
7.8.1. Saudi Arabia Packaged Tuna Market
7.8.2. South Africa Packaged Tuna Market
7.8.3. Rest of Middle East & Africa Packaged Tuna Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Frinsa Del Noroeste, S.A. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Thai Union Group PCL
8.3.3. Bumble Bee Foods, LLC
8.3.4. Century Pacific Food Inc.
8.3.5. Jealsa Corporación
8.3.6. Grupo Calvo
8.3.7. Wild Planet Foods Inc.
8.3.8. PT. Aneka Tuna Indonesia
8.3.9. American Tuna Inc.
8.3.10. Ocean Brands
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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