Growing consumer dependency on prepared and ready-to-eat food is considered to be a key driver to push the demand for canned tuna a little farther over 2017-2025.
Albany, NY -- (SBWIRE) -- 05/01/2018 -- The consumer lifestyle in today's time is getting busier and faster, making it important to offer a variety of prepared and frozen food options. It has been observed that, the global market for canned tuna is expected to witness passive growth in the next few years. For gaining more knowledge about this market, a new research report is added to the vast repository of Market Research HUB. This analysis is titled "Canned Tuna Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025", which discusses the overall growth trend and expected market size for the period until 2025.
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As per research findings, the global revenue of canned tuna market was marked at US$ 10,496.1 Mn in 2017, and is likely to increase at a prominent CAGR of 3.8% during the forecast period. At this pace, the target market would reach a revenue mark of US$ 14,125.5 Mn by the end of 2025.
The research report is a resourceful compilation of data which decodes the various facets of the global canned tuna market. Considering the initial section of the report, readers can learn about the drivers and restraints impacting the Canned Tuna market during the forecast period. Further, this portion also studies the current issues with consumers as well as opportunities for canned tuna products. The primary regions studied in the report includes North America, Latin America, MEA, APAC and Europe. Each of these regions are studied on the basis of BPS analysis, market size (US$ Mn), market attractiveness and Y-o-Y growth.
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The following section of the report talks about the market segmentation based on species type, which includes Albacore, Skipjack Tuna, Bigeye Tuna, Yellowfin Tuna, Bluefin Tuna and Longtail Tuna. Based on end-use, the global market for canned tuna is bifurcated into foodservice and households. These segments are studied in terms of market attractiveness and prominent trends. The concluding section of the report is dedicated towards the major players operating in the global market. Thai Union Group, Ocean Brands GP, Alliance Select Foods International, Inc., Bumble Bee Foods, LLC, Raincoast Trading Company, PT. Aneka Tuna Indonesia., StarKist Co., Hi-Q Food Products Co., Ltd., Wild Planet Foods Inc.., Safcol Australia Pty. Ltd., American Tuna Inc., etc., are few companies which have been mentioned & assessed in this report. Each of these players have been examined on the basis of financials, strategy and recent developments.
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