Tuna Market to Reach a value of US$ 47.7 Billion by 2026 | Prices, Size, Share, Analysis & Report
According to the latest report by IMARC Group, titled “Tuna Market Price: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global tuna market reached a value of US$ 39.3 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 47.7 Billion by 2026. Tuna is a predatory schooling fish, which is mostly discovered in the subtropical temperature waters of the Mediterranean Sea, Atlantic Ocean, and the Black Sea. It is a rich source of magnesium, fatty acids, niacin, and proteins, and its consumption offers several health benefits, such as improving the immune system and reducing blood pressure. Currently, it is commercially available in varying types, such as canned and frozen fresh.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Tuna Market Trends:
The increasing awareness amongst consumers regarding the several health benefits associated with tuna consumption represents one of the key factors primarily driving the market growth. Apart from this, the rising demand for canned tuna due to its increased shelf-life and the rapid launch of various frozen tuna products by key players are other growth-inducing factors. Other factors, such as the easy product availability through proliferating online platforms and the increasing preference for organically farmed tuna, primarily due to an enhanced focus on sustainable development, are creating a positive outlook for the market further across the globe.
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Competitive Landscape with Key Players:
The competitive landscape of the market has been examined, along with the detailed profiles of the key players operating in the industry.
Some of these key players include:
- Thai Union
- Tri Marine
- Starkist
Key Market Segmentation:
Breakup by Product Type:
- Canned
- Frozen
- Fresh
Breakup by Species:
- Skipjack
- Yellowfin
- Albacore
- Bigeye
- Bluefin
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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