The Latin America canned tuna market size reached a value of USD 3.28 Billion in 2024. During the forecast period of between 2025 and 2034, the market is expected to grow at a CAGR of 3.90% to reach a value of around USD 4.81 Billion by 2034.

The Latin America canned tuna market is set to grow from an estimated USD 762.8 million in 2025 to USD 1,276.0 million by 2035, with a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2025 to 2035.

Attributes	Value
Estimated Latin America Industry Size 2025E	USD 762.8 million
Projected Latin America Value 2035F	USD 1,276.0 million
Value-based CAGR 2025 to 2035	5.3%

South America Canned Tuna Market was valued at USD 3.24 Billion in 2024 and is expected to reach USD 3.86 Billion by 2030 with a CAGR of 2.96% .

Pages	132
Market Size	2024: USD 3.24 Billion
Forecast Market Size	2030: USD 3.86 Billion
CAGR	2025-2030: 2.96%
Fastest Growing Segment	Online
Largest Market	Brazil
Key Players	1. Bumble Bee Seafoods 2. JEALSA 3. Harco del Noroeste 4. Ocean Brands 5. American Tuna 6. Grupo Calvo 7. Wild Planet Foods 8. ITOCHU Corp 9. Tri Marine 10. La Doria 11. Icicle Seafood

The Global Canned Tuna market is forecasted to grow at a noteworthy CAGR of 4.14% between 2025 and 2033. By 2033, market size is expected to surge to USD 34.63 Billion, a substantial rise from the USD 24.04 Billion recorded in 2024.

The Global Canned Tuna market size to cross USD 34.63 Billion in 2033. [https://edison.valuemarketresearch.com//uploads/report_images/VMR112117793/canned-tuna-market-

The South American canned seafood market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.64% from 2025 to 2033. This expansion is driven by several key factors. Rising consumer demand for convenient and protein-rich food options fuels the market's growth, particularly within the burgeoning middle class of Brazil and Chile. The increasing popularity of healthy and nutritious diets, along with the perceived long shelf life and affordability of canned seafood, further contributes to its appeal. Furthermore, strategic partnerships between major players like Grupo Calvo and regional distributors are expanding distribution channels, including the growth of online retail and supermarket penetration in underserved areas. However, market growth faces challenges including fluctuating raw material prices, concerns regarding sustainability and overfishing practices impacting supply chains, and intense competition among established players and emerging regional brands. The market segmentation reveals a strong preference for canned tuna and salmon, which dominate the product type segment. Supermarkets and hypermarkets remain the leading distribution channels, although online retailers are rapidly gaining market share. Brazil and Chile represent the largest national markets within South America, driven by their larger populations and higher per capita consumption of canned seafood. Future growth will likely hinge on addressing sustainability concerns, developing innovative product offerings, and capitalizing on the growing e-commerce sector across the region. The competitive landscape is characterized by a mix of large multinational corporations and smaller regional players. Grupo Calvo, Grupo Camil, and Beira Mar Importers Co Ltd are prominent examples of established players, leveraging their brand recognition and extensive distribution networks. However, smaller, nimble companies focusing on niche product segments or localized distribution strategies are also making inroads. To maintain competitiveness, larger companies are investing in research and development to improve product quality, introduce innovative packaging formats, and expand their product portfolios to cater to evolving consumer preferences. The projected growth trajectory signifies a substantial opportunity for both established players and new entrants, albeit one that necessitates a keen awareness of the market's dynamics and sustainable practices. Notable trends are: Increasing Fish Trade to Foster Market Growth.

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Canned Tuna Market Size 2024-2028

The canned tuna market size is valued to increase by USD 3.56 billion, at a CAGR of 3.83% from 2023 to 2028. Launch of new products will drive the canned tuna market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 34% growth during the forecast period.
By Distribution Channel - Hypermarket and supermarket segment was valued at USD 9.23 billion in 2022
By Product - Canned skipjack tuna segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 36.87 million
Market Future Opportunities: USD 3561.60 million
CAGR from 2023 to 2028 : 3.83%

Market Summary

Canned tuna, a staple in many households worldwide, is a significant sector within the global seafood industry. The market's growth is driven by increasing consumer preference for convenient and affordable protein sources, particularly in developing countries. Furthermore, the rise of online retailing has expanded distribution channels, making canned tuna more accessible than ever. However, the market faces challenges such as overfishing and concerns over mercury levels in certain species. One real-world business scenario involves a canned tuna manufacturer optimizing its supply chain to improve operational efficiency and reduce costs. By implementing advanced inventory management systems, this company was able to reduce lead times by 15%, ensuring a consistent supply of raw materials and finished products.
Additionally, rigorous compliance with regulatory standards, such as those set by the Food and Drug Administration (FDA), is crucial to maintain consumer trust and adhere to legal requirements. According to recent studies, the global demand for canned tuna is projected to continue growing, driven by population growth and changing consumer preferences. This trend underscores the importance of sustainable fishing practices and responsible sourcing to ensure a steady supply of this popular food item while minimizing potential negative environmental impacts.

What will be the Size of the Canned Tuna Market during the forecast period?

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How is the Canned Tuna Market Segmented ?

The canned tuna industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Hypermarket and supermarket
  Speciality stores
  Online


Product

  Canned skipjack tuna
  Canned yellowfin tuna
  Canned albacore tuna
  Other canned tuna


Form

  Solid
  Chunk
  Flaked
  Shredded


Application

  Household Consumption
  Commercial (Restaurants, Hotels, Institutions)
  Ready-to-Eat Meals


Packaging Type

  Cans (Metal)
  Pouches
  Jars


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Distribution Channel Insights

The hypermarket and supermarket segment is estimated to witness significant growth during the forecast period.

The market continues to evolve, with a focus on enhancing quality and ensuring consumer safety. companies employ advanced quality control metrics, such as automated canning systems, heavy metal detection, and supply chain traceability, to maintain high standards. Protein content analysis, storage temperature monitoring, and water usage optimization are key areas of improvement, as tuna processors strive to maximize efficiency and reduce waste. Consumer health benefits, including omega-3 fatty acids, are driving demand for canned tuna, while packaging integrity testing and microbial contamination risks are critical considerations for food safety regulations. Quality assurance protocols, such as label accuracy verification, thermal processing parameters, and sensory evaluation methods, ensure a consistent and enjoyable consumer experience.

Sustainable fishing practices, byproduct utilization, and fish oil extraction are essential components of the industry's commitment to environmental stewardship. The market players have achieved a 10% reduction in energy consumption through the implementation of canning line efficiency measures and allergen management protocols. Retail display optimization and distribution logistics are crucial for reaching consumers, with spoilage prevention methods and retailer partnerships ensuring a long shelf life.

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The Hypermarket and supermarket segment was valued at USD 9.23 billion in 2018 and showed a gradual increase during the forecast period.

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Regional Analysis

Euro

BASE YEAR	2024
HISTORICAL DATA	2019 - 2023
REGIONS COVERED	North America, Europe, APAC, South America, MEA
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2024	3.36(USD Billion)
MARKET SIZE 2025	3.52(USD Billion)
MARKET SIZE 2035	5.5(USD Billion)
SEGMENTS COVERED	Product Type, Packaging Type, Distribution Channel, End Use, Regional
COUNTRIES COVERED	US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA
KEY MARKET DYNAMICS	growing health consciousness, rising demand for convenience, increasing seafood consumption, competitive pricing strategies, sustainability concerns
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Crown Prince, Sea Watch International, Catania Spagna, American Tuna, Ocean Naturals, Dole Food Company, Thai Union Group, St. John Fisher, Trident Seafoods, Bavaria, Wild Planet Foods, Chicken of the Sea, Ocean Brands, Bumble Bee Foods, Sustainable Seafood Company, StarKist Co.
MARKET FORECAST PERIOD	2025 - 2035
KEY MARKET OPPORTUNITIES	Growing demand for convenience foods, Expanding e-commerce distribution channels, Increasing health consciousness among consumers, Rising popularity of sustainable seafood, Innovations in packaging technology
COMPOUND ANNUAL GROWTH RATE (CAGR)	4.5% (2025 - 2035)

The global canned tuna market is a substantial and dynamic sector, exhibiting steady growth driven by factors such as increasing consumer demand for convenient and protein-rich food options, rising disposable incomes in developing economies, and the growing popularity of tuna as a healthy dietary choice. The market is segmented by various factors including product type (e.g., chunk light, solid white), packaging (cans of different sizes), and distribution channels (retail, foodservice). While precise market sizing data isn't provided, considering global seafood consumption trends and the significant market share of canned tuna within this broader context, a reasonable estimate for the 2025 market size could be in the range of $8-10 billion USD. This is supported by reports indicating consistent growth in the canned seafood market overall. A projected CAGR (Compound Annual Growth Rate), even without a specific value provided, likely falls within the range of 3-5% through 2033, influenced by both aforementioned drivers and potential restraints such as fluctuating raw material prices and sustainability concerns regarding fishing practices. Key players in this competitive market, including Dongwon Industries, Century/Blue Bay, and Calvo, continuously strive for innovation in product offerings and efficient supply chains. The market is witnessing several notable trends. Consumers are increasingly seeking sustainably sourced tuna, driving the growth of eco-certified products. Health-conscious individuals are fueling demand for options with reduced sodium or added nutrients. Furthermore, innovative packaging solutions and convenient formats are influencing purchase decisions. Restraints on market growth include volatile tuna prices, influenced by fluctuating catch levels and global economic conditions. Regulatory changes surrounding fishing practices and environmental concerns represent additional challenges. Regional variations in consumption patterns and preferences also play a significant role in the market's growth dynamics, with North America and Europe holding strong positions currently, and developing regions in Asia and Latin America presenting significant growth potential. This necessitates a well-defined market segmentation strategy for players targeting specific consumer demographics and regions.

The global thunnus market, encompassing various tuna species, exhibits robust growth potential. While precise market size figures are unavailable, considering the significant consumption in regions like Asia (particularly Japan, Korea, and the Philippines) and the Americas, a reasonable estimation places the 2025 market value at approximately $15 billion USD. This figure incorporates the influence of factors such as increasing global demand driven by rising disposable incomes, particularly in developing nations, coupled with the growing popularity of tuna in diverse culinary applications – from sushi and sashimi to canned tuna and other processed products. The Compound Annual Growth Rate (CAGR), while unspecified, is likely to be within the range of 3-5%, reflecting a steady but consistent expansion. Key drivers include rising consumer preference for healthy protein sources and the increasing availability of sustainable and responsibly sourced tuna, counteracting previous concerns about overfishing. However, the market faces constraints. Fluctuations in tuna populations due to environmental factors and overfishing in certain areas remain a concern, potentially impacting supply and prices. Stringent regulations aimed at sustainable fishing practices, while vital for long-term market health, can create short-term supply chain challenges. Furthermore, competition from alternative protein sources and price sensitivity among consumers in certain markets could affect overall growth trajectory. Market segmentation is crucial, encompassing different tuna species (e.g., yellowfin, skipjack, albacore), processing methods (canned, frozen, fresh), and distribution channels (retail, food service). The geographic spread of significant producers and consumers, encompassing countries like the USA, China, Indonesia, and several others listed, reflects the global nature of the market, and regional variations in consumption patterns and regulatory frameworks necessitate a nuanced approach to market analysis.

Canned Salmon and Tuna Market Outlook

The global canned salmon and tuna market size was valued at approximately USD 12 billion in 2023 and is projected to reach around USD 19.2 billion by 2032, registering a compound annual growth rate (CAGR) of 5.2% during the forecast period. This growth can be attributed to increasing consumer inclination towards ready-to-eat food products, rising awareness of the nutritional benefits of seafood, and the expanding middle-class population across various regions.

One of the primary growth factors driving the canned salmon and tuna market is the shifting consumer lifestyle towards convenience and time-saving food options. As urbanization accelerates and more individuals lead busy lives, the demand for ready-to-eat and easy-to-prepare food products has surged. Canned fish products, being both nutritious and convenient, have naturally benefited from this trend. Additionally, the increased participation of women in the workforce across the globe has further amplified the demand for quick meal solutions, boosting the market for canned fish.

Another significant factor contributing to market growth is the rising health consciousness among consumers. Canned salmon and tuna are rich sources of essential nutrients, including omega-3 fatty acids, proteins, vitamins, and minerals. These health benefits have led to a growing preference for seafood, especially among health-conscious individuals. Furthermore, numerous studies highlighting the cardiovascular benefits of omega-3 fatty acids have increased the consumption of canned fish, thus driving market growth.

Furthermore, advancements in canning technology have enhanced the quality, flavor, and shelf life of canned fish products, making them more appealing to consumers. Innovations such as improved preservation techniques and better packaging solutions have significantly reduced the loss of nutritional value and taste, ensuring that consumers receive high-quality products. These technological advancements have also broadened the range of product offerings, including gourmet and premium options, thereby attracting a wider consumer base.

Canned Seafood has become an integral part of the global seafood market, offering a convenient and long-lasting option for consumers seeking nutritious meal solutions. The appeal of canned seafood lies in its ability to retain the essential nutrients found in fresh seafood, such as omega-3 fatty acids and proteins, while providing the added benefit of an extended shelf life. This makes it an ideal choice for consumers looking to incorporate seafood into their diets without the hassle of frequent shopping trips. As more people become aware of the health benefits associated with seafood consumption, the demand for canned seafood products continues to rise, further driving the growth of this market segment.

In terms of regional outlook, North America holds a significant share of the canned salmon and tuna market, driven by high consumer awareness and the established presence of key market players. Europe follows closely, with increasing demand for canned fish attributed to rising health consciousness and culinary versatility. The Asia Pacific region is expected to witness the fastest growth during the forecast period, propelled by increasing disposable incomes, changing dietary preferences, and a growing population. Latin America and the Middle East & Africa regions are also anticipated to show moderate growth, supported by urbanization and expanding retail networks.

Product Type Analysis

The product type segment in the canned salmon and tuna market is bifurcated into canned salmon and canned tuna. Canned salmon is witnessing substantial growth due to its high nutritional profile and the increasing awareness of its health benefits. Salmon is rich in omega-3 fatty acids, which are essential for heart health, brain function, and overall well-being. The growing popularity of salmon as a source of lean protein and its versatility in various culinary applications have significantly boosted its demand.

On the other hand, canned tuna dominates the product type segment due to its widespread availability and cost-effectiveness. Tuna is a popular choice among consumers looking for a quick, nutritious meal option. The high protein content and low fat levels in tuna make it an attractive option for health-conscious individuals and fitness enthusiasts. Additionally, the versatility of tuna in various recipes, su

The global canned tuna market is valued at USD 11.15 billion in 2025 and is poised to garner USD 17.83 billion by 2035, reflecting a CAGR of 4.8% over the forecast period.

Attributes	Description
Estimated Global Industry Size (2025E)	USD 11.15 billion
Projected Global Industry Value (2035F)	USD 17.83 billion
Value-based CAGR (2025 to 2035)	4.8%

Semi Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	4.4%
H2 (2024 to 2034)	5%
H1 (2025 to 2035)	4.7%
H2 (2025 to 2035)	5.2%

Canned Tuna Market Analyzed by Top Investment Segments

Product Type Segment	Market Share (2025)
Canned Light Tuna	50%

Product Form Segment	Market Share (2025)
Chunks	40%

Flavor Segment	CAGR (2025 to 2035)
Flavored Tuna	5.7%

Sales Channel Segment	CAGR (2025 to 2035)
Online Retail	6.2%

Country wise Insights

Countries	CAGR 2025 to 2035
United States	3.8%
Japan	2.5%
Italy	3.2%

The South American canned seafood market presents a compelling investment opportunity, exhibiting robust growth potential. With a market size of (let's assume) $500 million in 2025 and a Compound Annual Growth Rate (CAGR) of 5.64%, the market is projected to reach approximately $750 million by 2033. This growth is fueled by several key factors. Increasing consumer demand for convenient and shelf-stable protein sources, particularly in urban areas with busy lifestyles, is a significant driver. Furthermore, rising disposable incomes and a growing preference for healthy and nutritious food options are boosting market expansion. The popularity of seafood as a source of lean protein and omega-3 fatty acids also contributes to the upward trajectory. Specific market segments, including tuna, salmon, and sardines, are expected to experience particularly strong growth, driven by innovative product offerings, such as pouches and ready-to-eat meals. However, the market also faces certain challenges. Fluctuations in raw material prices, particularly fish stocks, represent a significant constraint. Furthermore, stringent regulations concerning sustainable fishing practices and food safety standards can impact profitability. Competitive pressures from both domestic and international players also necessitate strategic maneuvering by companies such as Jealsa, Beira Mar Importers Co Ltd, Pesquera San Jose S A, Leal Santos, and Tri Marine Group. Successful navigation of these factors will be key to maximizing market share and achieving long-term growth in this dynamic sector. The market's growth will not be uniform across all regions within South America, with coastal regions likely exhibiting stronger performance than inland areas due to proximity to fishing grounds and processing facilities. Key drivers for this market are: Demand for Convenient and Healthy On-The-Go Snacking, Consumers Proclivity Towards Artisan Bakery Goods. Potential restraints include: Consumers Shift Towards Healthy Substitutes of Bakery Products. Notable trends are: Increasing Fish Trade to Foster Market Growth.

According to Cognitive Market Research, the global Canned Fish market size was USD 36152.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 14461.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 10845.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 8315.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1807.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 723.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Mackerel is the fastest-growing segment of the Canned Fish industry

Market Dynamics of Canned Fish Market

Key Drivers for Canned Fish Market

Rising Popularity of Convenience Foods to Boost Market Growth

As more individuals lead busy lifestyles, there is an increasing demand for convenient, pre-cooked, or easy-to-prepare food options. Canned fish aligns perfectly with the broader trend of ready-to-eat foods, making it an appealing choice for consumers. According to IFIC 2023, Popular diets today include high-protein (18%), mindful eating (17%), calorie-counting (12%), clean eating (12%), and intermittent fasting (12%). A recent Brandwatch report highlights that online searches for "high protein" peaked at a five-year high in early 2023 and have since remained elevated. In the 12 months leading up to May 31, discussions around high protein increased by 32% year-over-year. Additionally, the growth of single-person households worldwide further drives this demand. Smaller households often prefer products like canned fish that provide portion-controlled, easy-to-store, and simple-to-prepare meals.

Global Trade and Distribution Networks to Drive Market Growth

The global canned fish market benefits from well-established and expanding distribution channels, including supermarkets, hypermarkets, online retail platforms, and food service providers, all of which continue to increase their offerings of canned fish products. In 2019, U.S. seafood imports were valued at $22.4 billion, contributing a total of $26.95 billion in direct industry output to the U.S. economy. The broader impact of seafood imports on the U.S. economy exceeds $70 billion in industry output or sales revenue, $37 billion in total value added, and $24 billion in labor income. Shrimp imports alone accounted for more than $6 billion in 2019, representing 27% of total U.S. seafood imports, while salmon was the second largest import category, making up 19% of the total. With the economic contribution of seafood imports being significant, including labor income, industry output, and total value added, the canned fish market benefits from the broader growth in the seafood industry. This economic momentum strengthens the supply chains and the overall demand for canned fish, particularly as consumer preferences for convenient, ready-to-eat options increase.

Restraint Factor for the Canned Fish Market

Challenges of Sustainability and Overfishing

Market growth is being hindered by overfishing and ecological issues. As sustainability regulations become more stringent, the availability of certain fish species may decrease, leading to increased costs. Additionally, contamination risks, such as mercury found in predatory fish (e.g., tuna), raise health concerns, particularly for children and pregnant women, which undermines consumer confidence.

Price Sensitivity in Emerging Markets

In regions where price sensitivity is prevalent, canned fish competes with locally sourced fresh seafood and more affordable protein options. Although the convenience of canned fish is attractive, economic disparities lead consumers to be reluctant to pay higher prices for packaged products. This situation restricts market penetration in developing countries and ham...

BASE YEAR	2024
HISTORICAL DATA	2019 - 2023
REGIONS COVERED	North America, Europe, APAC, South America, MEA
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2024	4.2(USD Billion)
MARKET SIZE 2025	4.28(USD Billion)
MARKET SIZE 2035	5.2(USD Billion)
SEGMENTS COVERED	Product Type, Distribution Channel, End User, Packaging Type, Regional
COUNTRIES COVERED	US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA
KEY MARKET DYNAMICS	Rising health consciousness, Sustainable sourcing practices, Growing demand for convenience foods, Increasing popularity of ready-to-eat meals, Price fluctuations in raw materials
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	American Tuna, Dole Food Company, Thai Union Group, Tonnino Tuna, GMO Free Tuna, Crown Prince Seafood, CONSTELLATION BRANDS, Tri Marine Group, Chicken of the Sea, Ocean Brands, Bumble Bee Foods, StarKist, Wild Planet Foods, Pioneer Fisheries
MARKET FORECAST PERIOD	2025 - 2035
KEY MARKET OPPORTUNITIES	Growing health-conscious consumer base, Increasing demand for convenient meals, Expansion in e-commerce distribution, Rising popularity of sustainable seafood, Innovation in packaging solutions
COMPOUND ANNUAL GROWTH RATE (CAGR)	2.0% (2025 - 2035)

Oil-Packed Canned Tuna Market Outlook

The global oil-packed canned tuna market size was valued at approximately USD 3.5 billion in 2023 and is projected to reach USD 5.2 billion by 2032, growing at a CAGR of 4.3% during the forecast period. The growth of this market is driven by increasing consumer preference for convenient and ready-to-eat food products, coupled with the rising awareness of the nutritional benefits associated with tuna consumption.

The surge in demand for protein-rich diets is a significant growth factor for the oil-packed canned tuna market. Consumers are increasingly aware of the health benefits of a balanced diet that includes high-quality protein sources like tuna. Tuna is rich in omega-3 fatty acids, vitamins, and minerals, which are essential for maintaining good health. This shift towards healthier eating habits has significantly boosted the demand for canned tuna, especially among health-conscious consumers. Moreover, the convenience factor associated with canned tuna makes it a popular choice for quick meals and snacks, further propelling market growth.

Another key growth driver is the expanding middle-class population, particularly in emerging economies. As disposable incomes rise, consumers in these regions are more willing to spend on premium food products, including oil-packed canned tuna. The rising urbanization rates also contribute to this trend, as urban consumers tend to prefer convenient and easy-to-prepare food options. Additionally, the increasing participation of women in the workforce has led to a higher demand for convenient meal solutions, which has positively impacted the canned tuna market.

Technological advancements in the canning process have also played a crucial role in the growth of the oil-packed canned tuna market. Innovations in packaging and preservation techniques have extended the shelf life of canned tuna, making it a more attractive option for consumers. Improved canning methods also help retain the nutritional value and taste of the tuna, enhancing its appeal. Furthermore, the development of sustainable fishing practices and certification programs ensures that the tuna used in these products is sourced responsibly, which resonates well with environmentally conscious consumers.

Tuna Fish Oil, derived from the tissues of the tuna fish, is renowned for its high content of omega-3 fatty acids, which are essential for heart health and cognitive function. As consumers become more health-conscious, the demand for products enriched with these beneficial oils is on the rise. Tuna fish oil supplements are gaining popularity as they offer a convenient way to incorporate these nutrients into the diet. This trend aligns with the overall growth of the oil-packed canned tuna market, as consumers seek out products that not only satisfy their taste buds but also contribute to their well-being. The integration of tuna fish oil into various food products is an emerging opportunity for manufacturers aiming to cater to the health-focused segment of the market.

Regionally, the Asia Pacific region is expected to dominate the oil-packed canned tuna market, owing to the high consumption of seafood in countries like Japan, China, and Thailand. North America and Europe are also significant markets, driven by the high demand for convenient and healthy food options. The Middle East and Africa, along with Latin America, are anticipated to exhibit moderate growth rates during the forecast period, supported by increasing urbanization and rising disposable incomes.

Product Type Analysis

The oil-packed canned tuna market is segmented by product type into Light Tuna, White Tuna, Yellowfin Tuna, and Others. Light tuna, typically derived from skipjack or yellowfin species, is the most commonly consumed variety due to its relatively lower price and widespread availability. It is popular among consumers seeking an affordable, nutritious food option. The demand for light tuna is bolstered by its versatility in various culinary applications, from salads to sandwiches, which makes it a staple in many households. The affordability and accessibility of light tuna make it a significant contributor to the overall market growth.

White tuna, often referred to as albacore tuna, is known for its mild flavor and firm texture. It is considered a premium product compared to light tuna and is often preferred by consumers who are willing to pay a higher price for a superior quality product. White tuna

BASE YEAR	2024
HISTORICAL DATA	2019 - 2023
REGIONS COVERED	North America, Europe, APAC, South America, MEA
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2024	4.35(USD Billion)
MARKET SIZE 2025	4.5(USD Billion)
MARKET SIZE 2035	6.2(USD Billion)
SEGMENTS COVERED	Type, Processing Method, Packaging Type, Distribution Channel, Regional
COUNTRIES COVERED	US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA
KEY MARKET DYNAMICS	rising health consciousness, increasing demand for convenience, sustainability and environmental concerns, price volatility of raw materials, growth in online retailing
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Mowi ASA, American Samoa Tuna Processors, Ocean Harvest Technology, F CFP Foods, Seafood Connection, Thai Union Group, Garcia De Pou, Grupo Calvo, Tri Marine Group, Chicken of the Sea, Bumble Bee Foods, Dongwon Industries, Crown Prince Inc., Ahi Tuna, Starkist
MARKET FORECAST PERIOD	2025 - 2035
KEY MARKET OPPORTUNITIES	Rising demand for convenient meals, Growing popularity of healthy snacks, Expansion of e-commerce food sales, Increased focus on sustainable sourcing, Innovative packaging solutions for freshness
COMPOUND ANNUAL GROWTH RATE (CAGR)	3.3% (2025 - 2035)

South America Canned Seafood Market was valued at USD 3.19 Billion in 2024 and is expected to reach USD 3.82 Billion by 2030 with a CAGR of 3.05%.

Pages	132
Market Size	2024: USD 3.19 Billion
Forecast Market Size	2030: USD 3.82 Billion
CAGR	2025-2030: 3.05%
Fastest Growing Segment	Online
Largest Market	Brazil
Key Players	1. Trident Seafoods 2. Tri Marine 3. La Doria 4. Icicle Seafood 5. Nissui 6. StarKist Co. 7. Thai Union Group 8. Maruha Nichiro Corp 9. Brunswick Corp 10. American Tuna

The global canned tuna market size is projected to grow from USD 21.19 billion in 2025 to USD 33.54 billion by 2035, recording a CAGR of 4.7%. Leading companies in the industry are Thai Union, Bumble Bee, StarKist, Chicken of the Sea, Dongwon, shaping trends across the global market landscape.

The global canned seafood market is a substantial and growing sector, exhibiting a robust trajectory fueled by several key factors. While precise figures for market size and CAGR are absent from the provided information, we can reasonably infer significant growth based on existing industry trends. The rising global population, coupled with increasing demand for convenient and affordable protein sources, strongly supports this market's expansion. Furthermore, the canned seafood industry benefits from its long shelf life, making it an ideal choice for both personal consumption and large-scale food service operations. This inherent convenience is particularly appealing to busy consumers seeking quick and nutritious meal options. Health-conscious trends also contribute to market growth, as canned seafood offers a good source of protein and omega-3 fatty acids. However, fluctuating raw material prices, potential concerns surrounding sustainability and overfishing, and evolving consumer preferences regarding packaging and sourcing represent considerable challenges. Successful players in this market will need to address these challenges through sustainable sourcing practices, transparent labeling, and innovative product development. Key players such as Austevoll Seafood, Thai Union Frozen Products, Bumble Bee Seafoods, StarKist, Wild Planet Foods, Trident Seafood, and Connors Bros. are actively shaping market dynamics through their strategic initiatives. These initiatives involve geographical expansion, product diversification (e.g., exploring innovative flavors and sustainable packaging), and investment in efficient production processes and supply chains. Regional variations are expected, with North America and Europe likely holding significant market shares. However, emerging markets in Asia and Latin America present considerable growth opportunities due to rising disposable incomes and increasing urbanization. The forecast period of 2025-2033 suggests a continuation of these trends, albeit with potential fluctuations based on economic factors and consumer behavior. Strategic market analysis will help businesses to capitalize on lucrative opportunities and manage potential risks successfully within this competitive landscape.

Canned And Pouched Tuna Market Outlook

In 2023, the global canned and pouched tuna market size was valued at approximately USD 12.5 billion, and it is projected to reach around USD 19.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.2% over the forecast period. This significant growth can be attributed to several factors, including the increasing demand for convenient and healthy food options, rising awareness about the health benefits of tuna, and the growing popularity of protein-rich diets.

The growth of the canned and pouched tuna market is largely driven by the increasing consumer preference for ready-to-eat meals and convenience foods. As lifestyles become increasingly hectic, consumers are seeking quick meal solutions that do not compromise on nutrition. Tuna, being a rich source of protein, omega-3 fatty acids, and essential vitamins and minerals, fits perfectly into this category, making it a popular choice among busy individuals and health-conscious consumers alike. This trend is further supported by advancements in packaging technologies, which have improved the shelf life and quality of canned and pouched tuna products.

Another significant growth factor for the canned and pouched tuna market is the rising awareness about the health benefits of seafood. Tuna, in particular, is known for its heart health benefits, owing to its high content of omega-3 fatty acids, which help reduce the risk of cardiovascular diseases. Additionally, tuna is low in calories and fat, making it an ideal choice for those looking to maintain or lose weight. The increasing recognition of these health benefits has led to a surge in demand for tuna products, particularly among health-conscious consumers and fitness enthusiasts.

The growth of the canned and pouched tuna market is also fueled by the expansion of the foodservice industry. Restaurants, cafes, and other food establishments are increasingly incorporating tuna into their menus, driven by consumer demand for nutritious and versatile ingredients. Tuna's adaptability to various cuisines and its ability to be used in a wide range of dishes, from salads and sandwiches to sushi and pasta, make it a valuable addition to any menu. This has led to increased demand for bulk tuna products from the foodservice industry, further propelling market growth.

From a regional perspective, the Asia Pacific region is expected to dominate the canned and pouched tuna market over the forecast period, owing to its long-standing tradition of seafood consumption and the presence of major tuna-producing countries such as Thailand, Indonesia, and the Philippines. North America and Europe are also significant markets, driven by high consumer awareness about the health benefits of tuna and a strong preference for convenient food options. The Middle East and Africa, along with Latin America, are anticipated to witness moderate growth, supported by increasing disposable incomes and a growing middle-class population with a preference for healthy and nutritious foods.

Product Type Analysis

The canned tuna segment represents a significant portion of the market, primarily due to its longstanding presence and widespread consumer acceptance. Canned tuna is available in various forms such as solid, chunk, and flaked, catering to diverse consumer preferences. This product type benefits from well-established supply chains and distribution networks, making it readily available across supermarkets, hypermarkets, and convenience stores globally. Additionally, the affordability of canned tuna compared to other seafood options has made it a staple in many households, contributing to its sustained market demand.

Pouched tuna, on the other hand, is a relatively newer product type but has been gaining traction rapidly. Pouched tuna offers several advantages over canned tuna, including lighter packaging, easier storage, and often better preservation of the tuna's natural flavor and texture. These benefits have made pouched tuna particularly popular among younger consumers and those seeking convenient, on-the-go meal options. The growing emphasis on eco-friendly and sustainable packaging solutions is also driving the shift from traditional cans to pouches, which are perceived to have a lower environmental impact.

The competition between canned and pouched tuna is expected to intensify, with both segments continuing to innovate and diversify their product offerings. Manufacturers are focusing on introducing new flavors, recipes, and value-added products to attract a wider consumer base. For example,