Worldwide Tuna Industry to 2026 - Key Players Include Thai Union, Tri Marine and Starkist Among Others - ResearchAndMarkets.com

The "Tuna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

According to this report the global tuna market size reached a value of US$ 39.3 Billion in 2020. Looking forward, the publisher expects the global tuna market to exhibit moderate growth during the next five years.

The global tuna market is being driven by factors such as increasing demand for processed/ready to cook tuna, rising disposable incomes and increasing per capita consumption.

Tuna is a part of the mackerel fish family, and a very important part of the global fishing scenario. Tuna is enjoyed worldwide fresh-cooked, frozen, canned and as sushi. Almost 60% of the total tuna comes from the West and Central Pacific Ocean (WPCO). Since the all tuna catch from this region is under the custody of the Pacific Island Countries (PICs), these countries use their tuna resources as a source of developing their economies. A reason for this is that many of these countries only have their tuna population to call a resource for economic development. It is a widely bought item by end customers, restaurants and canning industries as well.

Rising demand for canned tuna represents a major reason currently driving the global tuna market. The busy schedules of people today are inviting a rapidly increasing need for ready to eat food, canned tuna being a popular choice. Europe currently dominates the global list of regions importing canned tuna. Middle Eastern countries like Saudi Arabia, Israel and Egypt have come up as some of the largest importers of tuna in the world. This has to do with the fact that import duty fees for canned tuna are very less in the Middle East.

Another reason or the popularity and demand of canned tuna is its shelf life. Many countries are developing rapidly and their natives are switching to easy to cook, long-lasting and internationally loved food items. These preferences of the people are a reason for the increasing worldwide consumption of canned tuna. With increasing health consciousness, many people are shifting from canned tuna to fresh and frozen tuna. The biggest importers of frozen and fresh tuna include China, North America and Western Europe. Even though they cost considerably higher than canned tuna, people are willing to pay, facilitating higher economic value for the worldwide tuna trade. The tuna market can only expect steadily growing value if people keep up with their food preferences.

Companies Mentioned

• Thai Union
• Tri Marine
• Starkist

Key Questions Answered in This Report:

• How has the global tuna market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global tuna industry?
• What has been the impact of COVID-19 on the global tuna industry?
• What is the major end-markets in the global tuna industry?
• What are the key species in the global tuna industry?
• What is the major end-products in the global tuna industry?
• What are the tuna species in the global tuna industry?
• What are the price trends of tuna?
• What are the various stages in the value chain of the global tuna industry?
• What are the key driving factors and challenges in the global tuna industry?
• What is the structure of the global tuna industry and who are the key players?
• What is the degree of competition in the global tuna industry?
• What are the key requirements for setting up a tuna processing plant?
• How is tuna processed?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Tuna Market

5.1 Market Overview

5.2 Market Performance

5.2.1 Volume Trends

5.2.2 Value Trends

5.3 Impact of COVID-19

5.4 Market Breakup by Species

5.5 Market Breakup by Type

5.6 Market Breakup by Region

5.6.1 Production Breakup by Region

5.6.2 Consumption Breakup by Region

5.7 Market Forecast

5.8 SWOT Analysis

5.9 Value Chain Analysis

5.10 Porters Five Forces Analysis

5.11 Price Analysis

6 Market Breakup by Species

6.1 Skipjack

6.2 Yellowfin

6.3 Albacore

6.4 Bigeye

6.5 Bluefin

7 Market Breakup by Type

7.1 Canned

7.2 Frozen

7.3 Fresh

8 Production Breakup by Region

8.1 Japan

8.2 Indonesia

8.3 Philippines

8.4 Taiwan P.C.

8.5 Republic of Korea

8.6 Spain

8.7 Others

9 Consumption Breakup by Region

9.1 Japan

9.2 USA

9.3 Republic of Korea

9.4 China

9.5 Taiwan P.C.

9.6 European Union

9.7 Others

10 Imports and Exports

10.1 Imports by Major Countries

10.2 Exports by Major Countries

11 Tuna Processing

11.1 Product Overview

11.2 Detailed Process Flow

11.3 Various Types of Unit Operations Involved

11.4 Mass Balance and Raw Material Requirements

12 Project Details, Requirements and Costs Involved

13 Loans and Financial Assistance

14 Project Economics

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/prgibs

View source version on businesswire.com: https://www.businesswire.com/news/home/20210224005760/en/