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The global tuna market size was valued at US$ 40.7 Billion in 2021.
According to the estimates by IMARC Group, the global tuna market is expected to grow at a CAGR of 3% during 2022-2027.
The growing consumer inclination from high-calorie, carb-based food items towards protein-rich alternatives represents one of the key drivers for the global tuna market.
The increasing popularity of canned, frozen, and chilled tuna based on hectic consumer lifestyles represents one of the key trends in the global tuna market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt in the export and import activities of salmon and salmon-based products.
On the basis of the type, the market has been bifurcated into canned, frozen and fresh variants. Currently, canned tuna holds the majority of the total market share.
On the basis of the species, the market has been segmented into skipjack, yellowfin, albacore, bigeye and bluefin. At present, skipjack tuna exhibits a clear dominance in the market.
Region-wise, the market has been classified into Japan, Indonesia, the Philippines, Taiwan P.C., the Republic of Korea, Spain, and others, where Japan dominates the global market.
The key companies in the global tuna market are Thai Union, Tri Marine, Starkist, etc.
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