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

Report Code: PMI95719 | Publish Date: March 2024 | No. of Pages: 167

Global Canned Sea Food Market Overview

Canned Sea Food Market was valued at USD 35.5 Billion in 2024 and is projected to grow at a CAGR of 6.10% to reach USD 64.2 Billion by 2034.

Canned Sea Food Market is a segment of the larger seafood industry that involves the processing, packaging, and distribution of various types of seafood products that have been preserved through canning. Canned seafood products offer consumers a convenient and shelf-stable option to enjoy seafood, with the added benefits of longer shelf life and easy preparation. Canned seafood encompasses a wide range of products, including fish, shellfish, and other marine-based proteins.

The busy modern lifestyle drives demand for convenient, ready-to-eat options. Canned seafood provides a quick and easy Distribution Channel of protein that can be enjoyed on its own or incorporated into various dishes. As urbanization and time constraints increase, the convenience of canned seafood may contribute to Canned Sea Food Market growth. As consumers continue to prioritize healthier eating habits and seek Distribution Channels of high-quality protein, canned seafood products can be positioned as convenient and nutritious options. The nutritional benefits of seafood, including omega-3 fatty acids and essential nutrients, make canned seafood an appealing choice for health-conscious consumers.

Canned Sea Food Market Report

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Global Canned Sea Food Market Drivers & Restraints

Convenience and Portability

Convenience and portability are key attributes that contribute significantly to the appeal and success of the canned seafood market. Consumers are increasingly seeking food options that fit their busy lifestyles and provide quick, easy, and on-the-go meal solutions. Canned seafood can be effortlessly incorporated into various recipes and dishes, reducing cooking and preparation time. It's a convenient way to add protein to salads, sandwiches, pasta, rice, and other meals. Canned Seafood Safety Testing products are typically portioned and packaged, allowing consumers to control their serving sizes easily. This can be beneficial for individuals looking to manage their calorie intake.  

Nutritional Value

Canned fish products' nutritional value is an important component that contributes to their popularity and appeal among customers. Canned seafood is an easy and convenient way to get critical nutrients into your diet, making it a good Distribution Channel of protein, healthy fats, vitamins, and minerals. Canned seafood is a rich Distribution Channel of high-quality protein, which is essential for building and repairing tissues, supporting immune function, and maintaining healthy muscles. Protein is particularly important for growth, development, and overall body maintenance.

Restrains:

Some consumers believe that canned seafood has a different or less desirable flavor compared to fresh seafood. This perception can be a barrier to trying canned seafood products. Canned seafood may not have the same visual appeal as fresh seafood, which can impact consumer willingness to purchase and try the product.

Global Canned Sea Food Market Segmentations & Regional Insights

Canned Sea Food Market is segmented based on Product, Distribution Channel and Region.

Product Insight

On the basis of Product, Canned Sea Food Market is segmented into Tuna, Salmon, Prawns, Sardines, Shrimps, and Others. Tuna and Salmon are expected to dominate the target market growth as these two types of fish are commonly featured in canned seafood products due to their popularity, taste, and nutritional value. Tuna is one of the most popular choices for canned seafood products. It is often packed in water, oil, or various sauces, making it versatile for a range of recipes whereas salmon is another widely used fish in Canned Seafood Market.

Distribution Channel Insights

On the basis of Distribution Channel, Canned Sea Food Market is segmented into Convenience Stores, Supermarkets, and Hypermarkets, and Independent Retailers. Flowers are expected to dominate the target market growth as there are some important uses of these flower essential oil. These oils are known for their calming and soothing properties and are often used in aromatherapy and skincare products.

Regional Insights:

On the basis of region the Canned Sea Food Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific region is expected to witness significant revenue growth in the Canned Sea Food market in the coming years. This is due to factors such as increasing demand for natural and organic products, growing awareness of the benefits of essential oils in traditional medicine, and the rising popularity of aromatherapy in countries such as China, Japan, and India.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Tuna, Salmon, Prawns, Sardines, Shrimps, and Others

By Distribution Channel - Convenience Stores, Supermarkets, and Hypermarkets, and Independent Retailers

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Canned Sea Food Market report based on Product, Distribution Channel and Region:

Canned Sea Food Market, By Product:

  • Tuna
  • Salmon
  • Prawns
  • Sardines
  • Shrimps
  • Others

Canned Sea Food Market, By Distribution Channel:

  • Convenience Stores
  • Supermarkets and Hypermarkets
  • Independent Retailers

Canned Sea Food Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Canned Sea Food Market Competitive Landscape & Key Players

The key players operating 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.

Global Canned Sea Food Market Recent News

  • In May 2023, canned Food Pioneer Launches yumeat, Asia’s Most Affordable & Versatile Plant-Based Protein Brand. While many plant-based meat and fish items may be found in supermarket refrigerated and frozen areas, the company took a different approach with its yumeat goods.  It chose to launch shelf-stable cans and pouches that do not require refrigeration as a long-time leader in the premium canned food industry. As a result, the company was able to surpass its competitors in two important areas: convenience and affordability. Yumeat products are packaged in long-life pouches and cans, making them significantly less expensive than many other plant-based meat businesses. Their longer shelf life is an added benefit for busy parents and professionals looking for a convenient pantry product that does not require freezing because the products are precooked and thus ready-to-use. Furthermore, they do not include MSG or preservatives, and all yumeat products are made with only pure ingredients.
  • In July 2023, Wild Planet Foods, pioneer of sustainably caught seafood that aims to transform fishing into a force for good, announced the introduction of five new seafood items to Whole Foods Market shelves nationwide. Wild world, known for delivering incomparable flavor, introduces these new SKUs to buyers eager to improve their health and the health of the world by purchasing high-quality, premium canned fish products that prioritize sustainability. Wild Planet's latest Whole Foods Market additions build on some of the brand's fan-favorite canned fish items, allowing customers to sample a variety of new low mercury, high-quality selections for any time of day. Wild Planet's fresh caught canned seafood delivers the ultimate flavor and increased nutrition to every meal, whether eaten out of the can, in your favorite sandwich, topped on a salad, or put to a tinned fish board.

Global Canned Sea Food Market Company Profile

  • 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
  • Hansung Enterprise Co Ltd.

FAQs

The Canned Sea Food Market is segmented into Product, Distribution Channel and Region.

Canned Sea Food Market is driven by factors like convenience and portability and nutritional value.

By region, the Canned Sea Food market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating 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.

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%.