Canned Tuna Market Research Report by Key Players Strategy | Industry Demand by 2026

Market Analysis

Global Canned Tuna Market size is projected to be valued at USD 8.8 Billion by 2026 at a CAGR of 4.2% between 2020 and 2026. Canned tuna offers food preservation and longer shelf life of around one to five years, which is the major factor fueling the demand for canned tuna. The seafood market has registered tremendous growth in the past few years, and the same trend is expected for the canned tuna market. Additionally, North America and Europe markets are witnessing the growing demand for canned tuna. The key players in the market have been responsive to shifting consumer preferences and are focused on strategic acquisitions, product launches, and partnerships.

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Key Players

Grupo Calvo. (Spain), Ocean Brands (Canada), American Tuna Inc. (US), Aneka Tuna Indonesia. (Indonesia), Wild Planet Foods Inc. (California), Sea Value PLC (Thailand), Frinsa del Noroeste S.A. (Spain), Thai Union Group PCL (Thailand), Bumble Bee Foods LLC (US) and Century Pacific Food Inc. (Philippines)

Growth Opportunities in the Market

Increase in popularity of ready-to-eat food products: With the rise in consumption of ready-to-eat food products, the demand for Canned Tuna Market is increasing among the consumers. This is expected to create lucrative opportunities for the global canned tuna market. Furthermore, rising awareness of the health benefits of canned tuna among consumers is expected to offer a lucrative opportunity to the manufacturers, resulting an increase in the production capacity of canned tuna.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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