What is Tuna Fish Market?
Tuna fish is saltwater fish that is rich in nutrition like protein, vitamins, and healthy fat. Tuna are highly consumed in Japan and commonly served raw with Japanese cuisines like sushi or sashimi. It contains a high amount of omega-3 fatty acids that help to reduce cholesterol and omega-6 fatty acids and the risk of heart attacks and other cardiovascular diseases. The demand for tuna fish is increasing across the globe due to its medicinal applications and producing various types of drugs. Yellowfin tuna skinless cubes are being used for baked, fried, or curry dishes especially when consumers prefer boneless fish.
The market study is being classified by Type (Frozen and Dry), by Application (Household and Commercial) and major geographies with country level break-up.
Golden Prize Canning Co., Ltd. (Thailand), Ensis Group Pvt Ltd (Maldives), Wild Planet Foods (United States), Safe Catch (United States), Genova (United States), Seamax Global S.L. (Spain), SS Fishery Co., Ltd. (Taiwan), Jay Sea Foods Processing (Pvt) Ltd (Sri Lanka) and Ming Hong International (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Segment Analysis
Analyst at AMA have segmented the market study of Global Tuna Fish market by Type, Application and Region.
On the basis of geography, the market of Tuna Fish has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Consumption of Tuna Fish in the Salad, Wraps, Char-Grilled Dishes, and Various Japanese Cuisines
- Surging Demand of Tuna Fish to Obtain Insulin, Calcium Powder, and Development of Various Drugs
Market Trend
- Launch of Various Tuna Products by the Manufacturers
Restraints
- Allergies Related to Sea Food and Volatile Prices of Tuna due to Supply Issues
Opportunities
- Increasing Use of Canned or Pouched Tuna by the Consumers for Dinner
Challenges
- High Level of Mercury in the Albacore Tuna that May Cause Memory Loss, Tremors, Etc.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Tuna Fish Providers, Suppliers and Distributors, Fishery Industry, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Tuna Fish Market?
"Increasing Consumption of Tuna Fish in the Salad, Wraps, Char-Grilled Dishes, and Various Japanese Cuisines
" is seen as one of major growth factors of Tuna Fish Market in years to come.
2. Can we have customized study for Tuna Fish Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Tuna Fish Market?
will lead Tuna Fish Market in coming years.