North America Canned Tuna Market
No. of Pages: 112 | Report Code: BMIRE00030609 | Category: Food and Beverages
No. of Pages: 112 | Report Code: BMIRE00030609 | Category: Food and Beverages
The North America canned tuna market was valued at US$ 3,513.65 million in 2023 and is expected to reach US$ 4,532.82 million by 2031; it is estimated to register a CAGR of 3.2% from 2023 to 2031.Health Benefits Associated with Canned Tuna Fuels North America Canned Tuna Market
Tuna is a saltwater fish which belongs to the tribe Thunnini. The Thunnini comprises fifteen species across five genera, the sizes of which vary greatly, ranging from the bullet tuna up to the Atlantic bluefin tuna. Tuna is rich in protein, low in fat and calories, and an excellent source of the essential omega-3 fatty acids that help lower blood pressure and cholesterol. It is available in various formats for human consumption such as fresh, canned, and frozen.
Canned tuna is an excellent source of high protein for building and repairing tissues, muscles, and organs. Protein content helps maintain a feeling of fullness, making canned tuna a satisfying and filling option for consumers seeking to manage their weight or build muscle mass.
Canned tuna contains omega-3 fatty acids, particularly eicosatetraenoic acid (EPA) and docosahexaenoic acid (DHA). These fatty acids are known for their numerous health benefits, including reducing the risk of heart disease, improving brain function, and supporting overall cognitive health. Incorporating omega-3 fatty acids into the diet through canned tuna consumption can help consumers maintain a healthy heart and brain function.
Furthermore, canned tuna is a good source of various vitamins and minerals, including vitamin D, vitamin B12, selenium, and potassium. Vitamin D is essential for smooth immune function and bone health, whereas vitamin B12 supports nerve function and red blood cell production. Selenium is an antioxidant, protecting cells from damage, and potassium helps regulate blood pressure and muscle function. By consuming canned tuna, consumers can obtain these essential nutrients, contributing to good health and well-being.
Canned tuna is low in saturated fats and cholesterol; thus, it is a heart-healthy choice for individuals willing to reduce their risk of cardiovascular disease. The American Heart Association recommends consuming fish such as tuna at least twice weekly as part of a heart-healthy diet. As canned tuna contains protein, omega-3 fatty acids, vitamins, and minerals, it offers consumers a convenient and nutritious option to support their health goals, which drives the popularity of canned tuna.North America Canned Tuna Market Overview
The demand for canned tuna is significant in North America due to several growth drivers related to market dynamics and consumer preferences. The convenience factor significantly drives the demand for canned tuna in the region. With busy lifestyles and increasing time constraints, consumers in the region seek convenient and easy-to-prepare meal options that require minimal effort. Canned tuna fits this need perfectly, offering a quick and versatile protein source for various recipes such as sandwiches, salads, and pastas. A four-ounce serving of white tuna contains 26.77 grams of protein, 145 calories, and 3.37 grams of fat. It does not contain fiber, carbohydrates, and sugar. Also, its long shelf life and portability make it an ideal pantry staple for households looking for convenient meal solutions, contributing to the steady growth of the canned tuna market in North America.
Rising awareness of the health benefits of consuming seafood, particularly tuna, drives the demand for canned tuna in North America. After shrimp, canned tuna is the second most popular seafood product in the US. Tuna is rich in vitamins, minerals, high-quality protein, and omega-3 fatty acids, making it a nutritious option for health-conscious consumers. With an increasing focus on adopting healthier dietary habits and lifestyles, consumers in North America are actively seeking food options that offer nutritional value and support their overall well-being. Canned tuna provides a convenient and affordable way for consumers to incorporate seafood into their diets and reap its health benefits, driving the demand for canned tuna products in the region.
Furthermore, the versatility of canned tuna makes it appealing to a wide range of consumers with diverse taste preferences and dietary needs. Canned tuna can be used in various cuisines and dishes, making it a versatile ingredient that can adapt to different culinary styles and preferences. Whether used in classic tuna sandwiches, salads, casseroles, or sushi rolls, canned tuna offers consumers endless possibilities for creating delicious and satisfying meals. Its adaptability and versatility make canned tuna a staple in many North American households, driving consistent demand for canned tuna products across the region.
North America Canned Tuna Market Revenue and Forecast to 2031 (US$ Million)
Strategic insights for the North America Canned Tuna provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Canned Tuna refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Get more information on this report North America Canned Tuna Strategic Insights
Get more information on this report North America Canned Tuna Report Scope
Report Attribute
Details
Market size in 2023
US$ 3,513.65 Million
Market Size by 2031
US$ 4,532.82 Million
Global CAGR (2023 - 2031)
3.2%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Type
By Category
Regions and Countries Covered
North America
Market leaders and key company profiles
Get more information on this report North America Canned Tuna Regional Insights
Get more information on this report North America Canned Tuna Market Segmentation
The North America canned tuna market is categorized into type, category, distribution channel, and country.
Based on type, the North America canned tuna market is segmented into albacore, yellowfin, skipjack, and others. The albacore segment held the largest market share in 2023.
In terms of category, the North America canned tuna market is segmented into tuna in water, tuna in oil, and others. The tuna in oil held the largest market share in 2023.
Based on distribution channel, the North America canned tuna market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets held the largest market share in 2023.
By country, the North America canned tuna market is segmented into the US, Canada, and Mexico. The US dominated the North America canned tuna market share in 2023.
American Tuna Inc; Bumble Bee Foods, LLC.; Century Pacific Food Inc; Chicken of the Sea; Genova; Pastene Co.; StarKist Co; Sustainable Seas; and Wild Planet Foods are some of the leading companies operating in the North America canned tuna market.
1. American Tuna Inc
2. Bumble Bee Foods, LLC.
3. Century Pacific Food Inc
4. Chicken of the Sea
5. Genova
6. Pastene Co.
7. StarKist Co
8. Sustainable Seas
9. Wild Planet Foods
The North America Canned Tuna Market is valued at US$ 3,513.65 Million in 2023, it is projected to reach US$ 4,532.82 Million by 2031.
As per our report North America Canned Tuna Market, the market size is valued at US$ 3,513.65 Million in 2023, projecting it to reach US$ 4,532.82 Million by 2031. This translates to a CAGR of approximately 3.2% during the forecast period.
The North America Canned Tuna Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Canned Tuna Market report:
The North America Canned Tuna Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Canned Tuna Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Canned Tuna Market value chain can benefit from the information contained in a comprehensive market report.
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