Canned Sea Food Market is estimated to be US$ 64.2 Billion by 2034; Longer Shelf Life, Convenience and Portability to Propel Market Growth

Published Date: February 2024

Canned Sea Food refers to various types of seafood that are processed, preserved, and packaged in airtight containers (cans) to extend their shelf life and maintain their flavor and nutritional value. This method of preservation has been widely used for decades and has become a popular way to make seafood more accessible, convenient, and available year-round.

Canned seafood offers a convenient and portable option for consumers, as it does not require refrigeration and can be easily carried and consumed on the go. This makes it a popular choice for busy individuals, outdoor enthusiasts, and travelers. Canning extends the shelf life of seafood significantly compared to fresh or frozen alternatives. The long shelf life ensures that the product remains edible and safe for consumption for an extended period, reducing food waste and increasing accessibility to seafood in areas where fresh options may not be readily available. Manufacturers have expanded their canned seafood product lines to include various types of fish, shellfish, and seafood combinations. This diversification caters to different tastes and preferences, further boosting the popularity of Canned Sea Food Market.

The report “Canned Sea Food Market, By Product (Tuna, Salmon, Prawns, Sardines, Shrimps, and Others), By Distribution Channel (Convenience Stores, Supermarkets, and Hypermarkets, and Independent Retailers), and By Region (North America, Europe, Asian Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights: 

  • In January 2023, Food technology startup Vgarden, Ltd. has added fish-free, canned tuna to its line of private label meat and dairy alternatives. According to the company, the tuna, which is made from pea protein, was created to provide a sustainable, vegan alternative to canned versions of the world's most popular fish. Vgarden's tuna is available in a pouch style for chilled storage in addition to its shelf-stable canned variety. Each packet includes approximately 12% of the Daily Value of protein per serving and is manufactured with a limited list of natural ingredients such as fibers and sunflower oil.
  • In February 2023, Legacy canned fish brand John West is venturing into the plant-based seafood market after launching two new vegan “tuna” products. Customers in the Netherlands can now order vegan fish-free tuna with tomato and basil or fish-free tuna with a dash of oil from John West. According to a corporate press release, the fish-free options are manufactured from soy protein and wheat and will be sold in 1,400 locations across the country. 

Analyst View:

The future growth of Canned Seafood Market is likely to be influenced by several factors that reflect changing consumer preferences, market dynamics, and industry developments. As consumers become more health-conscious and seek nutritious food options, canned seafood products may continue to gain popularity. Canned seafood is known for its high protein content, omega-3 fatty acids, and various vitamins and minerals, which align well with health and wellness trends. The fast-paced nature of modern lifestyles is expected to drive the demand for convenient and ready-to-eat food options, making canned seafood a preferred choice due to its portability and extended shelf life. Consumers are more likely to prefer canned seafood products from sustainable and sustainably sourced fisheries as environmental awareness grows. Manufacturers may respond by implementing environmentally friendly practices and emphasizing their commitment to sustainable seafood.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Canned Sea Food Market, By Product (Tuna, Salmon, Prawns, Sardines, Shrimps, and Others), By Distribution Channel (Convenience Stores, Supermarkets, and Hypermarkets, and Independent Retailers), and By Region (North America, Europe, Asian Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Canned Sea Food Market accounted for US$ 35.5 Billion in 2024 and is estimated to be US$ 64.2 Billion by 2034 and is anticipated to register a CAGR of 6.10%. Canned Sea Food Market is segmented based on Type, Application and Region.

  • Based on Type, Canned Sea Food Market is segmented into Tuna, Salmon, Prawns, Sardines, Shrimps, and Others.
  • Based on Application, Canned Sea Food Market is segmented into Convenience Stores, Supermarkets, and Hypermarkets, and Independent Retailers.
  • By Region, the Canned Sea Food Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Canned Sea Food Market:

The prominent players operating in the Canned Sea Food Market includes, Bumble Bee Foods, LLC, StarKist Co, Wild Planet Foods Inc., Connors Bros., Limited, Trident Seafoods Corporation, Beijing Princess Seafood International Trading Co Ltd., Dong Won Fisheries Co Ltd., P/F Faroe Seafood, Findus Group Limited, and Hansung Enterprise Co Ltd.

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