Canned Seafood Market Useful Research Conclusions, Business Plans, Strategies With Forecast To 2029 – Backlinkget.com

Canned Seafood Market size was valued at US$ 31.18 Bn US$ in 2022 and is expected to reach 40.48 Bn in 2029. The Global Canned Seafood Market is expected to grow at a CAGR of 3.8% through the forecast period.

Global Canned Seafood Market Thrives with a Valuation of US$ 31.18 Billion in 2022, Expected to Reach US$ 40.48 Billion by 2029

Market Values: The Canned Seafood Market, valued at US$ 31.18 billion in 2022, is anticipated to grow at a CAGR of 3.8% to reach US$ 40.48 billion by 2029, according to the latest industry analysis and forecast.

Report Scope: The report delves into the dynamic landscape of the global canned seafood market, exploring the market size, trends, challenges, and emerging opportunities. The scope encompasses regional insights, product segmentation, distribution channels, and the competitive landscape.

Research Methodology: The research methodology employed in this report involves a comprehensive analysis, incorporating factors such as rising awareness about health benefits, market dynamics, and sustainability trends. The study is based on a robust research framework to provide accurate and insightful information.

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Dynamics: Rising Awareness about Health Benefits Drives Market Growth: The report highlights the increasing awareness of the health benefits offered by canned seafood, including essential fatty acids like Omega-3, which contribute to improved health and reduced risks of diseases.

Growing Popularity of Ready-to-Eat and Preservative-Free Food: The demand for seafood products with higher shelf life and convenient consumption options propels the growth of the canned seafood market, with a focus on ready-to-eat and preservative-free offerings.

Increasing Sales and Sustainability Initiatives: The report underscores the changing consumer preferences, emphasizing sustainable fishing practices, eco-friendly packaging, and the industry’s responsiveness to emerging trends, leading to increased sales and market appeal.

Regional Insights: Asia Pacific Dominates with a 46.2% Market Share: The Asia Pacific region emerged as the dominant force in the canned seafood market, holding a substantial 46.2% market share in 2022. High demand for seafood and ready-to-eat products, coupled with the presence of key players, propels the regional market.

Europe Holds a 32.8% Market Share: The European canned seafood market, representing cultural diversity and culinary traditions, secured the second-largest market share at 32.8% in 2022. Local cuisines and diverse product offerings contribute to the market’s vibrancy and appeal.

Segment Analysis:

Product Segmentation: The market is divided into Tuna, Salmon, Sardines, Prawns, Shrimp, and other seafood. Tuna holds the largest market share, driven by its high protein content and Omega-3 fatty acids.
Distribution Channels: Supermarkets & Hypermarkets dominate the market share and are expected to grow at a CAGR of 9.5% during the forecast period. Online stores also contribute to the market’s growth with discounts, easy home delivery, and safe packaging.

Competitive Landscape: The global canned seafood market is highly competitive, with the top 10 companies holding 81.82% of the market share. Companies such as Scout Canning have witnessed significant revenue growth, emphasizing sustainability initiatives and catering to environmentally conscious consumers.

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What is Canned Seafood Market Segmentation?

by Product Type

Tuna
Salmon
Sardines
Prawns
Shrimp
other seafood

by Distribution channel

Supermarkets & Hypermarkets
Convenience Stores
Online Stores
Others

Who are Canned Seafood Market Key Players?

North America
1. Bumble Bee Seafoods (U.S)
2. StarKist Co. (U.S)
3. Tradient Seafoods (U.S)
4. American Tuna, Inc. (U.S)
5. Wild Planet Foods (U.S)
6. The Fish & Meat Co.(U.S)
7. Capital Fish Company (U.S)
8. Icicle Seafoods Inc (U.S)
9. Universal Canning Inc (U.S)
10. Tri Marine Group (U.S)
11. Trident Seafoods Corporation (U.S)
12. Brunswick Seafood (Canada)
13. The Calvo Group (Guam)
14. Royal Greenlands (Greenland)
15. Scout Canning (US)

Europe
1. Connors Bros Ltd. (U.K)
2. LDH (La Doria) Ltd (Italy)
3. Nueva Pescanova (Spain)
4. Marine Harvest (Norway)

Table of content for the Canned Seafood Market includes:

Global Canned Seafood Market : Research Methodology
Global Canned Seafood Market : Executive Summary

Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Canned Seafood Market : Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape
Canned Seafood Market Size, Share, Size & Forecast by different segment |
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Canned Seafood Market Segmentation – A detailed analysis by Product
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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