Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Tuna Fish Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Tuna Fish Market?
The tuna fish market size has grown steadily in recent years. It will grow from $35.38 billion in 2024 to $36.12 billion in 2025 at a compound annual growth rate (CAGR) of 2.1%. The growth in the historic period can be attributed to increased consumer awareness of health benefits, risen demand for seafood products, global population growth and urbanization, expanding middle-class population, globalization of supply chains.
What Are the Expected Market Growth Trends for the Tuna Fish Market Through 2029?
The Tuna Fish Global Market Report 2025 anticipates that by 2029, the market size will reach $41.6 billion, with a compound annual growth rate (CAGR) of 3.6%.
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What Are the Key Business Drivers in the Tuna Fish Market Landscape?
The key drivers in the tuna fish market are:
• Growing consumption of tuna globally
• High commercial value of tuna as a food source
• Increased appreciation for tuna's nutritional value, including its rich omega-3 fatty acids and protein content
• Tuna's versatility in various culinary preparations
How Is the Tuna Fish Market Divided Across Key Categories?
The tuna fishmarket covered in this report 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
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What Are the Ongoing Trends in the Tuna Fish Market?
The key trends in the tuna fish market are:
• A key emerging trend in the tuna fish market is product innovation, specifically tailored to consumer needs and health consciousness.
• There is a clear shift towards the reduction of oil content in canned tuna products.
• The market is seeing new product launches that reflect consumer demand, particularly for convenience in usage.
• Major companies within the market are prioritizing the development of new tuna fish products as their strategic focus.
Which Companies are Expanding in the Tuna Fish Industry?
Major players in the tuna fish market are:
• 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
• Tri Marine Group
• StarKist Tuna
• Clover Leaf Seafoods Corp.
• Bumble Bee Foods LLC
• Frinsa del Noroeste S.A.
• A.E.C. Canning Company Limited
• Ocean Brands
• Balfegó Group
• Mareblu SRL
• Fish4Ever
• John West Foods
• Princes Group
• Bajamar
• Rio Mare
• Maretti
Which is the Largest Region the Global Tuna Fish Market?
Europe was the largest region in the tuna fish market in 2024
