North America Tuna Market Report by Species (Skipjack, Yellowfin, Albacore, Bigeye, Bluefin), Product Type (Canned, Frozen, Fresh), and Region 2024-2032

North America Tuna Market Report by Species (Skipjack, Yellowfin, Albacore, Bigeye, Bluefin), Product Type (Canned, Frozen, Fresh), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1806
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Market Overview:

The North America tuna market is expected to exhibit a growth rate (CAGR) of 1.73% during 2024-2032. The increasing consumer awareness and preference for healthy and protein-rich diets, the rising popularity of ready-to-eat (RTE) and convenient seafood options, and the growing incorporation of tuna in various cuisines are among the key factors driving the market growth.

Report Attribute
Key Statistics
Base Year
Forecast Years
Historical Years
Market Growth Rate (2024-2032) 1.73%

Tuna is a type of saltwater fish belonging to the Thunnini tribe. It is a highly prized seafood known for its firm, flavorful, and lean flesh. Tuna species can vary in size and appearance, with some reaching impressive lengths and weights. They are fast-swimming predators found in warm and temperate oceans worldwide, often traveling in large schools. Tuna is popularly used in a wide range of cuisines and dishes, such as sushi, sashimi, salads, sandwiches, and grilled preparations. Its rich protein content, along with essential nutrients like omega-3 fatty acids, makes tuna a popular choice for health-conscious consumers seeking a nutritious and delicious seafood option across North America.

The rising demand for tune products due to increasing consumer awareness and emphasis on health-conscious diets, has contributed to their uptake in North America. Tuna is widely preferred for its high protein content, low-fat composition, and rich omega-3 fatty acids, making it a highly sought-after seafood choice among health-conscious individuals. Moreover, the growing popularity of ready-to-eat and convenient seafood options has escalated the consumption of tuna in North America, thereby propelling the market expansion. Canned tuna, in particular, offers a convenient and versatile option for consumers, catering to their busy lifestyles and on-the-go meal preferences. Furthermore, the increasing tuna's adaptability to various cuisines, from sushi and sashimi to sandwiches and salads, as it is a versatile ingredient, appealing to diverse palates and culinary preferences in the region, is contributing to the market growth. Other factors, including aggressive marketing strategies and promotional campaigns by key players, easy product availability via online and offline organized retail channels, and growing awareness regarding the health benefits of tuna fish among individuals, are also anticipated to drive the market further.

North America Tuna Market Trends/Drivers:

Rising Health and Nutrition Awareness

The North America tuna market is fueled by the growing consumer awareness of the health benefits associated with tuna consumption. Tuna is recognized as a nutrient-dense seafood option, boasting high-quality protein, essential omega-3 fatty acids, vitamins, and minerals. Health-conscious individuals seeking nutritious and balanced diets are increasingly incorporating tuna into their meals. With the rise in lifestyle-related health concerns, the demand for healthy and protein-rich food options has surged, leading to a steady increase in tuna consumption in the region. Moreover, health and nutrition campaigns, along with information dissemination about the positive attributes of tuna, have played a significant role in shaping consumer perceptions and driving the popularity of tuna products in North America.

Rapid Growth in the Seafood Industry

As a region with a strong seafood culture, consumers in North America have developed a taste for high-quality and sustainably sourced seafood products, including tuna. The increasing demand for seafood, driven by factors like population growth, rising consumer disposable incomes, and changing dietary habits, has created greater market opportunities for tuna producers and suppliers. Additionally, the growing popularity of Asian cuisines in North America, which often incorporate tuna in various dishes, has further bolstered the demand for tuna products. With a heightened focus on providing fresh and responsibly sourced seafood to meet consumer preferences, the seafood industry's growth has propelled the tuna market forward in North America.

North America Tuna Industry Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America tuna market report, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on species and product type.

Breakup by Species:

  • Skipjack
  • Yellowfin
  • Albacore
  • Bigeye
  • Bluefin

Skipjack accounts for the majority of the market share

A detailed breakup and analysis of the market based on the species has also been provided in the report. This includes skipjack, yellowfin, albacore, bigeye, and bluefin. According to the report, skipjack accounted for the largest market share.

Skipjack tuna plays a crucial role in driving the North America Tuna Market due to its prominence as one of the most commonly harvested tuna species in the region. As a highly abundant and relatively affordable type of tuna, skipjack appeals to a broad consumer base, including price-conscious consumers and the foodservice industry. Its popularity is attributed to its mild flavor and firm, pink flesh, making it versatile for various culinary applications. Skipjack is commonly used in canned tuna products, contributing significantly to the convenience and affordability of tuna consumption in North America.

Moreover, skipjack tuna's sustainable fishing practices align with the growing consumer demand for environmentally responsible seafood choices, further boosting its appeal. As consumers increasingly seek healthier and sustainable seafood options, skipjack's attributes and widespread availability have positioned it as a driving force in the North America Tuna Market, shaping consumer preferences and sustaining the industry's growth.

Breakup by Product Type:

  • Canned
  • Frozen
  • Fresh

Canned represents the most widely used product type

The report has provided a detailed breakup and analysis of the market based on the product type. This includes canned, frozen, and fresh. According to the report, canned represented the largest segment.

Canned tuna serves as a primary and convenient form of tuna consumption for consumers across the North America region. Canned tuna offers several advantages, making it a popular choice among busy individuals seeking quick and ready-to-eat meal solutions. Its long shelf life and portability make it an ideal pantry staple, catering to consumers with on-the-go lifestyles and limited cooking time.

Furthermore, the affordability of canned tuna appeals to a wide range of consumers, including price-conscious shoppers. As a versatile ingredient, canned tuna can be used in various culinary creations, from salads and sandwiches to pasta dishes and casseroles, providing endless possibilities for meal preparation. Moreover, canned tuna's stable supply and availability throughout the year ensure consistent access to this protein-rich and nutritious seafood option.

Breakup by Country:

  • United States
  • Canada

United States exhibits a clear dominance in the market

A detailed breakup and analysis of the market has been provided based on region. This includes the United states and Canada. According to the report, the United States accounted for the largest market share.

The United States held the biggest share in the market since the region is one of the largest consumers and importers of tuna products in the region. With a vast and diverse population, the U.S. represents a substantial market for tuna, driven by the growing demand for healthy and convenient seafood options. Tuna holds a prominent place in the American diet, with its versatile applications in various cuisines and dishes, including salads, sandwiches, sushi, and canned products. As a result, the United States remains a major destination for tuna exports from other countries in North America and around the world.

Furthermore, the country's strong seafood culture, coupled with an increasing focus on sustainability and responsible sourcing, has fueled the demand for high-quality and eco-friendly tuna products. Additionally, the U.S. serves as a crucial hub for tuna processing, distribution, and marketing in North America, influencing the availability and accessibility of tuna products throughout the region. Overall, the United States' substantial consumption, importation, and distribution of tuna drive the North America Tuna Market and impact the industry's dynamics in the region.

Competitive Landscape:

Key players in the North America tuna fish market are at the forefront of driving innovation within the industry. These companies are strategically embracing sustainable sourcing practices to align with growing consumer preferences for eco-conscious choices. By integrating cutting-edge technologies into their processing and packaging methods, they are enhancing product freshness and extending shelf life. Notably, advancements in distribution networks have streamlined the delivery process across various retail channels. These industry leaders are also forging collaborations with research institutions, resulting in the implementation of rigorous quality assurance measures that guarantee the safety and premium quality of their products. These collective innovations signify the dynamic evolution of the North America tuna fish market and solidify the reputation of these key players as pioneers in delivering top-notch products that prioritize sustainability and customer satisfaction.

The market research report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided.

North America Tuna Market Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
  • Species
  • Product Type
  • Country
Species Covered Skipjack, Yellowfin, Albacore, Bigeye, Bluefin
Product Types Covered Canned, Frozen, Fresh
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the North America tuna market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the North America tuna market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the North America tuna industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Key Questions Answered in This Report

We expect the North America tuna market to exhibit a CAGR of 1.73% during 2024-2032.

The expanding aquaculture activities, along with the rising popularity of canned, frozen, and processed tuna variants, are currently driving the North America tuna market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of tuna and tuna-based food products.

Based on the species, the North America tuna market has been segmented into skipjack, yellowfin, albacore, bigeye, and bluefin. Among these, skipjack tuna currently represents the largest market share.

Based on the product type, the North America tuna market can be bifurcated into canned, frozen, and fresh. Currently, canned product type accounts for the majority of the total market share.

On a regional level, the market has been classified into United States and Canada, where the United States currently dominates the market.

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North America Tuna Market Report by Species (Skipjack, Yellowfin, Albacore, Bigeye, Bluefin), Product Type (Canned, Frozen, Fresh), and Region 2024-2032
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