The North America Canned Seafood Market would witness market growth of 4.3% CAGR during the forecast period (2022-2028).
Because of its nutritious benefits, canned fish is widely consumed. It includes little trans-fat and is high in proteins, vitamins, and carbs. It is easy to store and can be stored for a long time. It contains complete information about the product's ingredients and expiration date. Consumers enjoy seafood, such as tuna and bluefish, since it is healthful and desired for a balanced diet.
Omega 3 fatty acids, found in oily fish like canned salmon, have been associated with a lower risk of heart disease, stroke, macular degeneration (eyes), and even dementia. Canned salmon with bones is a good source of calcium, with one small (95g) can containing as much calcium as 200ml of milk and more than 15g of protein.
The popularity of plant-based vegan canned seafood is expected to drive the canned seafood business forward. In response to the growing demand for plant-based seafood, scientists and market players are developing nutritious, plant-based alternatives that taste just like the real thing. For example, Karavela, a canned fish company, developed a line of canned seafood products manufactured from yellow peas in December 2021. Plant-based fish is also attracting the attention of startups and huge enterprises. TUNO, a fishless tuna replacement manufactured from yeast, soy, and sunflower extract, was introduced by Atlantic Natural Foods.
Canned seafood sales are all-time high in the United States. Seafood is a popular menu item at American restaurants and diners. The United States' growing taste for diverse meals is likely to boost the canned seafood industry. In addition, according to the US National Marine Fisheries Service, the US market imported 156,639 tons of canned tune in 2018. Additionally, one of the key regional market trends is the growing popularity of ready-to-cook meals. Furthermore, a surge in the number of canned seafood manufacturers, as well as the development of existing firms in response to increased demand, are driving sales in the region.
Demand for canned salmon has increased, prompting major market players to expand their operations as well as production capacity and the introduction of new enterprises into the market. Furthermore, due to the dominance of a society that values such goods, packaged goods are in extremely high demand in North America, and canned seafood has long been a basic cuisine for North Americans. As a result, these factors are expected to offer up new growth opportunities for participants in the regional canned seafood Market. Therefore, this factor is increasing the growth of the regional market.
The US market dominated the North America Canned Seafood Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,232.5 Million by 2028. The Canada market is experiencing a CAGR of 6.7% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 5.7% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Canned Seafood Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Canned Seafood Market, by Distribution Channel
1.4.2 North America Canned Seafood Market, by Product
1.4.3 North America 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. North America Canned Seafood Market by Distribution Channel
3.1 North America Retail Market by Country
3.2 North America Foodservices Market by Country
Chapter 4. North America Canned Seafood Market by Product
4.1 North America Tuna Market by Country
4.2 North America Salmon Market by Country
4.3 North America Prawns Market by Country
4.4 North America Shrimps Market by Country
4.5 North America Sardines Market by Country
4.6 North America Others Market by Country
Chapter 5. North America Canned Seafood Market by Country
5.1 US Canned Seafood Market
5.1.1 US Canned Seafood Market by Distribution Channel
5.1.2 US Canned Seafood Market by Product
5.2 Canada Canned Seafood Market
5.2.1 Canada Canned Seafood Market by Distribution Channel
5.2.2 Canada Canned Seafood Market by Product
5.3 Mexico Canned Seafood Market
5.3.1 Mexico Canned Seafood Market by Distribution Channel
5.3.2 Mexico Canned Seafood Market by Product
5.4 Rest of North America Canned Seafood Market
5.4.1 Rest of North America Canned Seafood Market by Distribution Channel
5.4.2 Rest of North America 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 North America Canned Seafood Market, 2018 - 2021, USD Million
TABLE 2 North America Canned Seafood Market, 2022 - 2028, USD Million
TABLE 3 North America Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 North America Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 North America Retail Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Retail Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Foodservices Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Foodservices Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 10 North America Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 11 North America Tuna Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Tuna Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Salmon Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Salmon Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Prawns Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Prawns Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Shrimps Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Shrimps Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Sardines Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Sardines Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Canned Seafood Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Canned Seafood Market by Country, 2022 - 2028, USD Million
TABLE 25 US Canned Seafood Market, 2018 - 2021, USD Million
TABLE 26 US Canned Seafood Market, 2022 - 2028, USD Million
TABLE 27 US Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 US Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 US Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 30 US Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 31 Canada Canned Seafood Market, 2018 - 2021, USD Million
TABLE 32 Canada Canned Seafood Market, 2022 - 2028, USD Million
TABLE 33 Canada Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 Canada Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 Canada Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 36 Canada Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 37 Mexico Canned Seafood Market, 2018 - 2021, USD Million
TABLE 38 Mexico Canned Seafood Market, 2022 - 2028, USD Million
TABLE 39 Mexico Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Mexico Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Mexico Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 42 Mexico Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 43 Rest of North America Canned Seafood Market, 2018 - 2021, USD Million
TABLE 44 Rest of North America Canned Seafood Market, 2022 - 2028, USD Million
TABLE 45 Rest of North America Canned Seafood Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Rest of North America Canned Seafood Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Rest of North America Canned Seafood Market by Product, 2018 - 2021, USD Million
TABLE 48 Rest of North America Canned Seafood Market by Product, 2022 - 2028, USD Million
TABLE 49 Key InforTmation – F.C.F. Fishery Co., Ltd.
TABLE 50 Key information – StarKist
TABLE 51 Key Information – Nippon Suisan Kaisha, Ltd.
TABLE 52 key information – Universal Canning, Inc.
TABLE 53 Key information – LDH (La Doria) Ltd.
TABLE 54 Key Information – Thai Union Group PLC
TABLE 55 key Information – American Tuna, Inc.
TABLE 56 Key information – Maruha Nichiro Corporation
TABLE 57 Key Information – Wild Planet Foods, Inc.
TABLE 58 Key information – Trident Seafoods Corporation
List of Figures
FIG 1 Methodology for the research