Global Canned Seafood Market
Food And Beverages

Canned Seafood Market Overview: Market Size, Major Drivers And Trends

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033


  • Historic Growth: From $33.4 billion in 2023 to $35.27 billion in 2024, driven by:
    • Globalization of cuisine
    • Increased health benefits
    • Urbanization and busy lifestyles
    • Rising disposable income
    • Global trade
  • Forecasted Growth: Expected to reach $44.26 billion in 2028 with a CAGR of 5.8%, attributed to:
    • Sustainability practices
    • Clean label movement
    • E-commerce growth
    • Premiumization of products
    • Plant-based alternatives
  • Major Trends: Include innovation in packaging, flavor, ready-to-eat products, and customization.


Heart Disease And Diabetes Concerns Fuel Canned Seafood Market

  • Health Impact: Canned seafood addresses rising concerns of heart disease and diabetes.
  • Benefits: Rich in omega-3 fatty acids, it offers:
    • Anti-inflammatory properties
    • Reduced risk of strokes and heart failure
    • Lowered blood pressure
  • Statistics: For example, in the UK, heart disease claims many lives annually, while diabetes affects millions globally.
  • Market Response: Key players like StarKist Co., Thai Union Group, and Maruha Nichiro Corporation capitalize on health-driven demand.


Read The Full Canned Seafood Market Report Here:


Innovative Nutrient-Rich Canned Tuna Enhance Canned Seafood Market

  • Product Innovation: Market leaders focus on creating innovative offerings.
  • Example: John West Foods introduces a nutrient-rich canned tuna range catering to diverse health needs.
  • Benefits: Offers heart function support, enhanced immunity, and fatigue reduction.
  • Market Competitors: Companies like Wild Planet Foods Inc. and Trident Seafoods Corporation intensify competition through innovation.


Thai Union Group Expands Portfolio With Acquisition Of Rügen Fisch AG

  • Strategic Acquisition: Thai Union Group acquires Rügen Fisch AG to bolster its portfolio.
  • Synergies: Aims to drive business strategy and increase company group synergies.
  • Market Impact: Diversifies product offerings and strengthens market presence.
  • Global Reach: Expands reach into the German market and beyond.


Segmentation of Canned Seafood Market

  • By Type: Includes canned fish, mollusks, crustaceans, and cephalopods.
  • By Distribution Channel: Covers hypermarkets, supermarkets, convenience stores, online retail, etc.
  • By End User: Targets households and commercial establishments.


Regional Dynamics

  • Europe: Leads the canned seafood market in 2023.
  • South America: Expected to witness the fastest growth during the forecast period.

In conclusion, the canned seafood market sails on the waves of health-conscious consumer trends, propelled by concerns over heart disease and diabetes. Innovation in product offerings, such as nutrient-rich canned tuna, keeps market players afloat in a competitive landscape. Strategic acquisitions, like Thai Union Group’s expansion into the German market, signal growth opportunities and market diversification. With segmented offerings and regional dynamics, the canned seafood market charts a course for sustained growth and global expansion in the coming years.


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The Canned Seafood Global Market Report 2024  provides an overview of the canned seafood market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The canned seafood market forecast analyzes canned seafood market size, canned seafood market share, leading competitor and their market positions.


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