The most recent market sizing information for the year 2023, along with forecasts extending to 2032, have been incorporated into The Business Research Company’s comprehensive global market reports.

According to The Business Research Company’s Tuna Fish Global Market Report 2023, the tuna fish market is poised for significant growth in the forecast period.

Key Insights from the Forecast of the Tuna Fish Market Comprise:

1. Market Size

The global tuna fish market is projected to expand from $32.98 billion in 2022 to $34.23 billion in 2023, representing a compound annual growth rate (CAGR) of 3.8%. Anticipated growth trajectories indicate that the global tuna fish market size will reach $38.46 billion by 2027, with a CAGR of 3.0%.

2. Leading Driver

The substantial increase in tuna consumption plays a pivotal role in driving the growth of the tuna fish market. For instance, as per the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), a government department dedicated to agricultural research in Australia, the production value of tuna fish rose from $165 million in 2021 to $169 million in 2022. This rise in tuna consumption is set to catalyze the expansion of the tuna fish market.

View More On The Tuna Fish Market Report 2023 – https://www.thebusinessresearchcompany.com/report/tuna-fish-global-market-report

3. Dominant Trend

A key trend that’s rapidly gaining traction in the tuna fish market is product innovation. Prominent companies within the tuna fish market are strategically focusing on developing novel tuna fish products that align with evolving consumer preferences and health consciousness. For example, in June 2022, Maldives Industrial Fisheries Company Limited (MIFCO), a company in the Maldives specializing in the fishing industry, introduced a fresh canned tuna product called “Drained Tuna Chunks.” Distinguished by its reduced oil content compared to previous canned tuna offerings, this product eliminates the need to drain excess oil, streamlining the usability of canned tuna.

4. Prominent Players

Key players in the tuna fish market encompass Bolton Group, ITOCHU Corporation, Thai Union Group Inc., Dongwon Enterprises Co. Ltd., FCF Co. Ltd., Crown Prince Inc., Mitsubishi Corporation, American Tuna Company, Alliance Select Foods Inc., Wild Planet Foods Inc., Century Pacific Foods Inc., The Jealsa Rianxeira S. AU. Group, Grupo Albacore S.A., IBL Ltd., Sea Delight, and Tri Marine Group.

5. Top Market Segments

The global tuna fish market is segmented –

1) By Type: Canned, Fresh, Frozen

2) By Species: Skipjack, Yellowfin, Albacore, Bigeye, Bluefin, Other Species

3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retails, Other Channels

Request A Sample Of The Global Tuna Fish Market Report 2023:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10724&type=smp

The Tuna Fish Global Market Report 2023  offers an in-depth analysis of the tuna fish market, encompassing size, trends, drivers, opportunities, strategies, and comprehensive company analysis. Covered countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, spanning seven major regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Fish Powder Global Market Report 2023
Fishmeal Global Market Report 2023
Fishing, Hunting And Trapping Global Market Report 2023

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