Global Canned Seafood Market

Canned Seafood Market Size, Share, Growth Analysis, By Product(Safety consumables (Gloves, Apparel, other safety consumables), Cleaning consumables (Wipes), By Type(Standard cleanrooms, Modular cleanrooms (Hardwall modular cleanrooms, Softwall modular cleanrooms), Mobile cleanrooms), By End-user(Pharmaceutical Industry, Medical Device Industry, Biotechnology Industry, and Hospitals and Diagnostic Centers), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30I2264 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 64 | Figures: 76

Canned Seafood Market Insights

Canned Seafood Market size was valued at USD 3.8 Billion in 2023 and is poised to grow from USD 4.01 Billion in 2024 to USD 6.2 Billion by 2032, growing at a CAGR of 5.58% during the forecast period (2025-2032).

The expansion of the seafood business in recent years has been attributed to the rising need for vital fatty acids and proteins in consumer diets. The need for seafood that is packaged without chemicals and has a longer shelf life has fuelled developments and improvements in the canned seafood industry. Fresh seafood is placed in an airtight container and heated to a high temperature during the canning process, which sterilises the food and stops microbial decay. By avoiding rotting, the procedure increases the product's shelf life.  

The market for canned fish is expanding due to the rising demand for ready-to-cook meals. The rising demand for unique seafood options across foodservice channels is the other major driver driving the market's expansion. As customer awareness of food safety increases, more restaurants, cafes, and hotels are serving fish directly from the can. The rising demand for canned fish is driven by the rising appeal of ready-to-eat meal kits, grab-and-go foods, and the healthy snacking craze.  

In the coming years, it is anticipated that the market will rise due to developments in canning technology, the introduction of new products, and an ever-expanding distribution network. Demand for ready-to-cook foods with longer shelf lives has grown as more people join the formal workforce. For instance, Rügen Fisch, a German company that creates seafood products with shelf life, is now entirely owned by Thai Union Group. The seafood juggernaut with headquarters in Thailand initially acquired a 51% majority stake in Rügen Fisch and has now acquired the remaining 49%.  

The need for seafood products that can be prepared easily and kept for a longer period of time is what is primarily fuelling the expansion of the canned seafood market. Preservative-free packaged food options are in demand due to an expanding trend of clean-label products. Canning preserves the product without the need for additional chemical additives. In the upcoming years, market expansion is anticipated to be driven by rising seafood consumption due to its health benefits.

US Canned Seafood Market is poised to grow at sustainable CAGR for the next forecast year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Canned Seafood Market size was valued at USD 3.8 Billion in 2023 and is poised to grow from USD 4.01 Billion in 2024 to USD 6.2 Billion by 2032, growing at a CAGR of 5.58% during the forecast period (2025-2032).

With numerous international companies, the canned seafood business is very fragmented. The leading manufacturers in this industry, who have a sizable consumer base, well-established brands, and extensive distribution networks, compete fiercely with the market's players. 'Bumble Bee Foods LLC (United States)', 'StarKist Co. (United States)', 'Connors Bros. Ltd. (Canada)', 'Crown Prince, Inc. (United States)', 'MW Brands (France)', 'John West Foods Ltd. (United Kingdom)', 'Wild Planet Foods, Inc. (United States)', 'Tri Marine International Inc. (United States)', 'Dongwon Industries Co., Ltd. (South Korea)', 'Marine Harvest ASA (Norway)', 'Maruha Nichiro Corporation (Japan)', 'Bolton Group International (Italy)', 'Ocean Brands GP (Canada)', 'Brunswick Corporation (United States)', 'H.J. Heinz Company (United States)', 'Gomes da Costa (Brazil)', 'Bonduelle Group (France)', 'Kazyonnyy Produkty (Russia)', 'Nippon Suisan Kaisha, Ltd. (Japan)', 'Clover Leaf Seafoods Corp. (Canada)', 'Empresas AquaChile S.A. (Chile)'

The busy lifestyles of consumers have led to an increased demand for ready-to-eat and convenient food options. Canned seafood provides a quick and easy meal solution, requiring minimal time and effort for preparation. This convenience factor has contributed to the growth of the canned seafood market, particularly among working professionals and individuals with busy schedules. 

Rise of Premium and Value-added Products: The market is witnessing an increased demand for premium and value-added canned seafood products. Consumers are willing to pay a premium for high-quality and gourmet canned seafood options. This trend is driving product innovation, with manufacturers introducing premium packaging, unique flavor combinations, and gourmet ingredients to cater to discerning consumers.

With a 46.4% market share in 2023, Asia Pacific had the highest impact on the global market. A vast supply of raw materials and a high number of canneries in the area for aquaculture have led to a growth in the popularity of canned seafood products. India exported 12.8 lakh metric tonnes of seafood worth USD 6.68 billion and by the end of 2032, this amount is predicted to increase by 12.6%, according to the Marine Products Export Development Authority (MPEDA). The growing demand for canned fish that is ready to boil in emerging economies is also a major factor driving the market in the region. 

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Canned Seafood Market

Report ID: SQMIG30I2264

$5,300
BUY NOW GET FREE SAMPLE