Tuna Fish Market to Expand at a CAGR of 3.34% Over 2025-2033; Tuna’s Low Refrigeration Cost and Easy Shipping to Proliferate Market Growth

The global tuna fish market size was valued at USD 43.02 billion in 2024. The market is expected to grow from USD 44.17 billion in 2025 to USD 57.45 billion by 2033, showcasing a CAGR of 3.34% over the forecast period.

Fortune Business Insights™ presents this information in its report titled, “Tuna Fish Market Size, Share & Industry Analysis, By Species (Skipjack, Albacore, Yellowfin, Bigeye, Bluefin, and Others), By Type (Canned, Fresh, and Frozen), and Regional Forecast, 2025-2033”.

Tuna is a prominent and commercially renowned fish. It is also an essential part of the marine ecosystem. One of the key components of the blue economy is the commercial tuna fishery and its six different variants namely, Bigeye, Yellowfin, Pacific, Skipjack, Southern Bluefin, and Atlantic. Recently, the market for seafood is noticing a trend in consumer’s consumption with individuals opting for healthy food items such as tuna fish as it is rich in protein, thus driving the market growth.

The COVID-19 pandemic had majorly impacted the market growth as governments imposed different safety measures and restrictions. This hampered the landings of commercial tuna fishes due to low mobility of laborers, social distancing protocols and restaurant closures.

Introduction of Innovative Products by Key Players to Fuel Market Expansion

In December 2024, a Spanish brand named Echebaster, had unveiled its two new frozen tuna fish products named mini burger and nuggets. This is offered through its brand, Alakrana, which is widely available in Spain.

Higher Affordability and Longer Shelf Life of the Product Tends to Augment Market Growth

Consumption of canned tuna fish globally has enhanced rapidly in recent days. This is majorly due to the presence of rich proteins, availability in convenient stores and less need of refrigeration. Additionally, this fish is easy to ship and has no or low refrigeration costs. The growing working population has also augmented the demand for ready to cook and ready to eat processed food. The higher shelf life and low price of these products has made it an ideal choice for such consumers, thus driving the global tuna fish market growth.   

Conversely, the growing preferences of plant based proteins by consumers is hindering the global market growth.

Top Players Emphasize on Launching New Products to Strengthen Their Market Presence

The global market has a presence of different key players operating in the market. These key players are focusing on introducing exotic and innovative seafood that meets the growing need of consumers. For example, one of the well-known seafood brands, Tonnino, launched six new variants of canned Yellowfin tuna including the chunks with sweet corn in water and the premium yellowfin tuna with the carrots and peas in vegetable oil in December 2023.

Notable Industry Development:

• June 2024: A Thailand based firm named, Thai Union Public Limited Company, has launched a new packaging known as “Ecotwist” for its tuna products in the U.K. These sustainable packed canned tuna are made available at Asda stores across the country.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/tuna-fish-market-100744

List of Key Companies Profiled in the Report:

• Bolton Group (Italy)


• Century Pacific Foods Inc. (Philippines)


• The Jealsa Rianxeira S.A.U. Group Spain)


• Grupo Albacore S.A. (Spain)


• ITOCHU Corporation (Japan)


• Thai Union Group Inc. (Thailand)


• Dongwon Enterprises Co. Ltd. (South Korea)


• IBL Ltd. (Mauritius)


• FCF Co. Ltd. (Taiwan)


• Sea Delight (U.S.)

Further Report Findings:

• Europe held the highest tuna fish market share, due to the growing per capita fish as well as seafood consumption across the region. Additionally, different market players across the region are also focusing on bringing new products to respond to the growing consumer demand.


• Market growth in Asia Pacific is driven by the growing Asian seafood and aquaculture production and the processing owing to the increasing demand for animal proteins.


• Market expansion in North America is propelled by the growing awareness about healthy diet and the presence of a larger seafood market across the region.


• In terms of type, the canned segment led the market in 2024, owing to the growing awareness of health benefits related to canned tuna fish and high convenience in usage.

Table of Segmentation