Global Tuna Market to be Driven by Rising Demand for Canned Tuna in the Forecast Period of 2020-2025
The new report by Expert Market Research titled, ‘Global Tuna Market Size, Share, Price Trends, Growth, Analysis, Report and Forecast 2020-2025’, gives an in-depth analysis of the global tuna market, assessing the market based on its segments like species, product types, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2015-2025)
1. Historical Market Size (2019): USD 12.2 billion
2. Forecast CAGR (2020-2025): 3%
3. Forecast Market Size (2025): USD 14.6 billion
Request a free sample copy in PDF or view report summary@ https://www.expertmarketresearch.com/reports/tuna-market/requestsample
The market for tuna is being driven by the rising demand for canned tuna across the globe. Due to increasing per capita income, hectic schedules, and rapid urbanisation, people are becoming more inclined to consume ready-to-eat food, with canned tuna being a frequent option. Europe constitutes a significant market for canned tuna, as the consumers in the region are living an increasingly busy lifestyle and tuna is a familiar taste for them, making it preferable option. The Middle Eastern countries such as Saudi Arabia, Israel, and Egypt have witnessed a steady growth in their tuna markets, due to the lower tariffs on the imports of canned tuna in the Middle East.
Explore full report with table of contents@ https://www.expertmarketresearch.com/reports/tuna-market
Industry Definition and Major Segments
Tuna is a saltwater fish, which is found mainly in the subtropical and temperate waters like in the Black Sea, Mediterranean Sea, and the Atlantic Ocean. It is a significant source of essential nutrients, like iron, potassium proteins, niacin, fatty acids, magnesium, omega-3 and A, B6, and B12. It offers strength, reduces blood pressure, boosts the immune system and muscles, prevents carcinogenicity, and helps lose weight.
Also Read@ Impact of COVID-19 on Global Fish and Seafood Market
On the basis of species, the tuna market can be segmented into the following:
Based on product type, the tuna market can be segmented into:
By region, the industry can be divided into:
4. United States
6. Taiwan P.C.
7. Republic of Korea
9. European Union
Also Read@ Impact of COVID-19 on Global Salmon Market
The market for tuna is expected to grow owing to the favourable factors like the growing trend of trying out foreign cuisines, rapid urbanisation, and the availability of different styles of tuna, like albacore, skipjack, bigeye, and yellowfin. The market is finding impetus in the hectic lifestyle of individuals throughout the world, which is leading to the increased demand for canned and other frozen, ready-to-eat versions. The market is further aided by the long shelf life and quick distribution of these items over longer distances, making it convenient for consumers to use. Moreover, the rising awareness of health is further expected to enhance the market growth in the forecast period.
Key Market Players
The major players in the market are American Tuna, Thai Union Group PCL., and Wild Planet, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture
We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Company Name: Expert Market Research
Contact Person: Matt Johnson
Email: Send Email
Address:138 Duane Street
City: New York City
Country: United States
Press Release Distributed by ABNewswire.com
To view the original version on ABNewswire visit: Global Tuna Market to be Driven by Rising Demand for Canned Tuna in the Forecast Period of 2020-2025