Canned Seafood Market Still Has Room To Grow | American Tuna, Inc., Bolton Group International, Bonduelle Group, Capital Fish Company

Published: 2025-01-29
Views: 19
Author: rameshjadhav
Published in: Food & Drinks

IMR posted new studies guide on Canned Seafood Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Canned Seafood marketplace became specifically driven with the aid of the growing R&D spending internationally.

Global Canned Seafood Market size is expected to grow from USD 37.70 Billion in 2023 to USD 63.64 Billion by 2032, at a CAGR of 5.99% during the forecast period (2024–2032)

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Canned seafood refers to seafood that has been prepared and packed in a metal can to maintain its freshness and taste. The canning procedure entails heating the seafood at a high temperature to eliminate any bacteria that might lead to spoilage. The seafood is subsequently encased in a can along with a little liquid, like oil or water. This aids in stopping the seafood from becoming dry and guarantees that it stays safe for consumption over a longer duration. The use of canned seafood encompasses several cooking applications. It functions as a handy and adaptable component in numerous dishes, such as salads, sandwiches, pasta, soups, and starters.

Some of the Top Leading Key Players:

• American Tuna, Inc.(Us)
• Bolton Group International (Italy)
• Bonduelle Group (France)
• Bumble Bee Foods LLC(United States)
• Capital Fish Company (U.S)
• Connors Bros. Ltd. (Canada)
• Crown Prince, Inc. (United States)
• Dongwon Industries Co., Ltd. (South Korea)
• Empresas Aquachile S.A. (Chile)
• Gomes Da Costa (Brazil)
• H.J. Heinz Company (United States)
• Icicle Seafoods Inc (U.S)
• John West Foods Ltd. (United Kingdom)
• Ldh (La Doria) Ltd (Uk)
• Marine Harvest Asa (Norway)
• The Calvo Group (Guam), and Other Major Players

Segmentation Analysis of the Canned Seafood Market

By Type

• Shrimp
• Salmon
• Sardines
• Tuna
• Prawns

By Application

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Retail

Global Trends in the Canned Seafood Market:

Increasing Recognition of Health Advantages

Seafood, encompassing fish and shellfish, serves as an excellent source of omega-3 fatty acids, vitamins, and minerals that contribute to overall health and wellness. The market for canned fish is growing quickly because of the rising health awareness and the desire for nutrient-rich foods.

Omega-3 fatty acids, primarily located in fish such as salmon, sardines, and tuna, are recognized for their health advantages. These fats are especially advantageous for cardiovascular health, lowering the chance of heart disease and enhancing cognitive abilities. As scientific studies keep validating the advantages of omega-3 fatty acids for different health problems, canned seafood keeps increasing its popularity.

Key Industry Developments in the Canned Seafood Market:

In March 2023, Bumble Bee Foods, LLC, announced that it had acquired Wild Planet Foods, a leading producer of sustainable canned seafood. The acquisition is expected to help Bumble Bee expand its product portfolio and reach new customers.

In February 2023, Thai Union Group PCL, one of the world's largest seafood companies, announced that it has signed a definitive agreement to acquire American Tuna, a leading producer of canned tuna in the United States. The acquisition is expected to help Thai Union expand its presence in the US market.

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Regional Analysis

Asia-Pacific is Expected to Dominate the Market Over the Forecast period

Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Leverage Data for Strategic Decision-Making: Utilize detailed market data to make informed business decisions and uncover new opportunities for growth and innovation.

Craft Expansion Strategies for Diverse Markets: Develop effective expansion strategies tailored to various market segments, ensuring comprehensive coverage and targeted growth.

Conduct Comprehensive Competitor Analysis: Perform in-depth analyses of competitors to understand their market positioning, strategies, and operational strengths and weaknesses.

Gain Insight into Competitors' Financial Metrics: Acquire detailed insights into competitors' financial performance, including sales, revenue, and profitability metrics.

Benchmark Against Key Competitors: Use benchmarking to compare your business's performance against leading competitors, identifying areas for improvement and potential competitive advantages.

Formulate Region-Specific Growth Strategies: Develop geographically tailored strategies to capitalize on local market conditions and consumer preferences, driving targeted business growth in key regions.

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Strategic Points Covered in Table of Content of Canned Seafood Market:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Growth Opportunities By Segment

Chapter 5: Market Landscape

Chapter 6: Canned Seafood Market By Type (2017-2032)

Chapter 7: Canned Seafood Market By Distribution Channel (2017-2032)

Chapter 8: Company Profiles And Competitive Analysis

Chapter 9: Global Canned Seafood Market By Region

Chapter 10: Investment Analysis

Chapter 11: Analyst Viewpoint And Conclusion

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