The Latin America, Middle East and Africa Canned Seafood Market would witness market growth of 6.8% CAGR during the forecast period (2022-2028).
Canning is a method of preserving food that involves treating the contents of the food in a controlled atmosphere and sealing them in an airtight container. Moreover, canning enhances a product's shelf life, which is typically one to five years, though it can be considerably longer in some cases. Furthermore, consumers prefer meals that have been minimally processed and are free of synthetic preservatives, as well as hazardous fertilizer and antibiotic residues. As a result, canned seafood is the healthiest choice for customers, particularly athletes. Additionally, canned seafood is considered to have a longer shelf life and the capacity to keep and transfer it to other continents or countries when good quality seafood is rare due to resource constraints.
Canned seafood items are also known as thermally processed meat items due to their property of heat processing. The canned meat and seafood products are often categorized into two groups which are called sterilized preserved meat and pasteurized preserved meat. Both the categories of canned seafood products function in a distinct way with the ultimate aim to offer better quality preserved seafood.
The demand for canned seafood in this region is significantly increasing. According to the USDA Foreign Agricultural Service, South Africa's canned salmon imports have been steadily increasing for the past five years. The International Partnership for Human Development (IPHD) was seeking for a high-quality protein source in order to improve the diets of children in the International Food for Education and Child Nutrition Program in Guinea-McGovern-Dole Bissau. They resorted to Alaska Canned Salmon to meet their needs. While the Atlantic Ocean's coastal waters hold one of the world's largest fish reserves, local fish was out of range for the program's participants, who live on less than a dollar per day.
IPHD worked with the Alaska Global Food Aid Program, and the state of Alaska donated and shipped over 200,000 cans of salmon. Salmon, which is high in protein, improved the nutritional quality of 38,000 primary school as well as kindergarten children's meals. Canned salmon was successfully included into food aid programs in Guinea-Bissau.
The Brazil market dominated the LAMEA Canned Seafood Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,007.5 Million by 2028. The Argentina market is estimated to grow at a CAGR of 7.3% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 6.5% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Retail and Foodservices. Based on Product, the market is segmented into Tuna, Salmon, Prawns, Shrimps, Sardines, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Canned Seafood Market is Predict to reach $42.1 Billion by 2028, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include F.C.F. Fishery Co., Ltd., StarKist (Dongwon Industries), Nippon Suisan Kaisha, Ltd., Universal Canning, Inc., LDH (La Doria) Ltd., Thai Union Group PLC, American Tuna, Inc., Maruha Nichiro Corporation, Wild Planet Foods, Inc., and Trident Seafoods Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Product
- Tuna
- Salmon
- Prawns
- Shrimps
- Sardines
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- F.C.F. Fishery Co., Ltd.
- StarKist (Dongwon Industries)
- Nippon Suisan Kaisha, Ltd.
- Universal Canning, Inc.
- LDH (La Doria) Ltd.
- Thai Union Group PLC
- American Tuna, Inc.
- Maruha Nichiro Corporation
- Wild Planet Foods, Inc.
- Trident Seafoods Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Canned Seafood Market, by Distribution Channel
1.4.2 LAMEA Canned Seafood Market, by Product
1.4.3 LAMEA Canned Seafood Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Canned Seafood Market by Distribution Channel
3.1 LAMEA Retail Market by Country
3.2 LAMEA Foodservices Market by Country
Chapter 4. LAMEA Canned Seafood Market by Product
4.1 LAMEA Tuna Market by Country
4.2 LAMEA Salmon Market by Country
4.3 LAMEA Prawns Market by Country
4.4 LAMEA Shrimps Market by Country
4.5 LAMEA Sardines Market by Country
4.6 LAMEA Others Market by Country
Chapter 5. LAMEA Canned Seafood Market by Country
5.1 Brazil Canned Seafood Market
5.1.1 Brazil Canned Seafood Market by Distribution Channel
5.1.2 Brazil Canned Seafood Market by Product
5.2 Argentina Canned Seafood Market
5.2.1 Argentina Canned Seafood Market by Distribution Channel
5.2.2 Argentina Canned Seafood Market by Product
5.3 UAE Canned Seafood Market
5.3.1 UAE Canned Seafood Market by Distribution Channel
5.3.2 UAE Canned Seafood Market by Product
5.4 Saudi Arabia Canned Seafood Market
5.4.1 Saudi Arabia Canned Seafood Market by Distribution Channel
5.4.2 Saudi Arabia Canned Seafood Market by Product
5.5 South Africa Canned Seafood Market
5.5.1 South Africa Canned Seafood Market by Distribution Channel
5.5.2 South Africa Canned Seafood Market by Product
5.6 Nigeria Canned Seafood Market
5.6.1 Nigeria Canned Seafood Market by Distribution Channel
5.6.2 Nigeria Canned Seafood Market by Product
5.7 Rest of LAMEA Canned Seafood Market
5.7.1 Rest of LAMEA Canned Seafood Market by Distribution Channel
5.7.2 Rest of LAMEA Canned Seafood Market by Product
Chapter 6. Company Profiles
6.1 F.C.F. Fishery Co., Ltd (Bumble Bee Foods, LLC)
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Partnerships, Collaborations, and Agreements:
6.1.2.2 Product Launches and Product Expansions:
6.2 StarKist (Dongwon Industries)
6.2.1 Company Overview
6.3 Nippon Suisan Kaisha, Ltd.
6.3.1 Company Overview
6.4 Universal Canning, Inc.
6.4.1 Company Overview
6.5 LDH (La Doria) Ltd.
6.5.1 Company Overview
6.6 Thai Union Group PLC
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.6.5 Recent Strategies and Developments
6.6.5.1 Acquisitions and Mergers:
6.7 American Tuna, Inc.
6.7.1 Company Overview
6.8 Maruha Nichiro Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental Analysis
6.9 Wild Planets Foods, Inc.
6.9.1 Company Overview
6.10. Trident Seafoods Corporation
6.10.1 Company Overview
TABLE 1 LAMEA Canned Seafood Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Canned Seafood Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA Retail Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Retail Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Foodservices Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Foodservices Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 10 LAMEA Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 11 LAMEA Tuna Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Tuna Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Salmon Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Salmon Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Prawns Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Prawns Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Shrimps Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Shrimps Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Sardines Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Sardines Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Canned Seafood Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Canned Seafood Market by Country, 2022 - 2028, USD Million
TABLE 25 Brazil Canned Seafood Market, 2018 - 2021, USD Million
TABLE 26 Brazil Canned Seafood Market, 2022 - 2028, USD Million
TABLE 27 Brazil Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 Brazil Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 Brazil Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 30 Brazil Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 31 Argentina Canned Seafood Market, 2018 - 2021, USD Million
TABLE 32 Argentina Canned Seafood Market, 2022 - 2028, USD Million
TABLE 33 Argentina Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 Argentina Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 Argentina Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 36 Argentina Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 37 UAE Canned Seafood Market, 2018 - 2021, USD Million
TABLE 38 UAE Canned Seafood Market, 2022 - 2028, USD Million
TABLE 39 UAE Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 UAE Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 UAE Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 42 UAE Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 43 Saudi Arabia Canned Seafood Market, 2018 - 2021, USD Million
TABLE 44 Saudi Arabia Canned Seafood Market, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Saudi Arabia Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 48 Saudi Arabia Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 49 South Africa Canned Seafood Market, 2018 - 2021, USD Million
TABLE 50 South Africa Canned Seafood Market, 2022 - 2028, USD Million
TABLE 51 South Africa Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 South Africa Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 South Africa Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 54 South Africa Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 55 Nigeria Canned Seafood Market, 2018 - 2021, USD Million
TABLE 56 Nigeria Canned Seafood Market, 2022 - 2028, USD Million
TABLE 57 Nigeria Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Nigeria Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 Nigeria Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 60 Nigeria Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 61 Rest of LAMEA Canned Seafood Market, 2018 - 2021, USD Million
TABLE 62 Rest of LAMEA Canned Seafood Market, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 65 Rest of LAMEA Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 66 Rest of LAMEA Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 67 Key InforTmation – F.C.F. Fishery Co., Ltd.
TABLE 68 Key information – StarKist
TABLE 69 Key Information – Nippon Suisan Kaisha, Ltd.
TABLE 70 key information – Universal Canning, Inc.
TABLE 71 Key information – LDH (La Doria) Ltd.
TABLE 72 Key Information – Thai Union Group PLC
TABLE 73 key Information – American Tuna, Inc.
TABLE 74 Key information – Maruha Nichiro Corporation
TABLE 75 Key Information – Wild Planet Foods, Inc.
TABLE 76 Key information – Trident Seafoods Corporation
List of Figures
FIG 1 Methodology for the research