Global Canned Seafood Market Size To Worth USD 44.6 Billion By 2033 | CAGR Of 3.54%

Global Canned Seafood Market Size To Worth USD 44.6 Billion By 2033

According to a research report published by Spherical Insights & Consulting, the Global Canned Seafood Market is to Grow from USD 31.5 Billion in 2023 to USD 44.6 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 3.54% during the projected period.     

Browse key industry insights spread across 230 pages with 110 Market data tables and figures & charts from the report on the "Global Canned Seafood Market Size, Share, and COVID-19 Impact Analysis, By Product (Fish and Shellfish), By Distribution Channel (Food Service and Retail), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/canned-seafood-market

Seafood that has been prepared and placed in sealed pack containers is sometimes referred to as canned seafood. They are a great source of vitamins, minerals, omega-3 fatty acids, and protein, all of which will strengthen immunity's resistance. The market for canned fish will expand since it is a cost-effective and handy dietary option that is less expensive than fresh or frozen seafood. Canned seafood is portable and versatile, it can be employed in a wide range of culinary applications. A common addition to salads, sandwiches, pasta dishes, and casseroles, it gives consumers who are always on the go a quick source of protein. However, the expansion of the fish sector has been severely hampered by climate change, which has reduced consumer demand for canned seafood.

The fish sector held the biggest market share during the projected timeframe.

Based on the product, the global canned seafood market is divided into fish and shellfish. Among these, the fish sector held the biggest market share during the projected timeframe. Fish, especially tuna, salmon, sardines, and mackerel, are rich in omega-3 fatty acids, high-quality protein, and essential vitamins and minerals like vitamin D and vitamin B12. Omega-3 fatty acids are known to have cardiovascular benefits, but there is also growing evidence that they also improve brain function. Due to traditional and modern culinary applications that highlight the product's versatility, the canned shellfish market is growing at the fastest rate.

The retail segment is anticipated to propel market expansion.

Based on the distribution channel, the global canned seafood market is divided into food service and retail. Among these, the retail segment is anticipated to propel market expansion. The increase in canned fish sales through retail channels can be attributed to the growing consumer desire for healthy and quick meal options. More people are searching for quick, easy meals that don't compromise on quality or health benefits as they lead busier lifestyles. Canned fish is the perfect answer to this need because of its high protein and omega-3 fatty acid content. Retailers have expanded their product offerings to include a variety of canned seafood selections, ranging from premium goods like mackerel and sardines to more conventional tuna, in recognition of this trend.

North America is projected to hold the largest share of the global canned seafood market over the forecast period.

The emergence of significant pharmaceutical and medical device firms in the region, along with a considerable increase in consumer awareness of cosmeceuticals and nutraceuticals, are major contributors to the area's economic prosperity. Strict laws governing the certification of medical products, like those in the US, have significantly increased demand for cleanroom technology. Canned seafood, such as tuna, salmon, and sardines, provides a quick and easy way for customers to incorporate these essential elements into their diets as they search for more readily available and nutrient-dense meal options.

Asia-Pacific is predicted to grow fastest pace throughout the forecast period. The cleanroom technology industry is being driven by increasing regulatory barriers in the manufacturing, distribution, and packaging of high-quality products. The technology advancements and product portfolio expansions of a number of leading companies are anticipated to boost the Asia Pacific market.

Major vendors in the global canned seafood market include H.J. Heinz Company, Gomes da Costa, Bonduelle Group, Kazyonnyy Produkty, Nippon Suisan Kaisha, Ltd., Clover Leaf Seafoods Corp., Empresas AquaChile S.A., Tri Marine International Inc., Dongwon Industries Co., Ltd., Marine Harvest ASA, Maruha Nichiro Corporation, Bolton Group International, Ocean Brands GP, Brunswick Corporation, and Others.

Recent Developments

• In October 2024, the US shelf-stable seafood company Bumble Bee Foods just introduced a new line of canned, pouched, and kit-based fish products.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global canned seafood market based on the below-mentioned segments: 

Global Canned Seafood Market, By Product

• Fish
• Shellfish

Global Canned Seafood Market, By Distribution Channel

• Food Service
• Retail

Global Canned Seafood Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm that provides actionable market research study, quantitative forecasting, and trends analysis provides forward-looking insight especially designed for decision-makers and aids ROI.

Which caters to different industries such as financial sectors, industrial sectors, government organizations, universities, non-profits, and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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