Global Thunnus Market, By Product Type (The Bluefin Group and The Yellowfin Group), Application (Tunas and Tunas Fillet), and Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Thunnus Market
The thunnus market is expected to witness market growth at a rate of 7.8% in the forecast period of 2021 to 2028 and is expected to reach USD 0.20 billion by 2028. Data Bridge Market Research report on thunnus market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in inclination towards incorporating healthy food products in the daily diet is escalating the growth of thunnus market.
Thunnus is known to be a type of ray-finned, ocean-dwelling bony fish belonging from the mackerel family, Scombridae. More accurately, Thunnus is one of five types which make up the family Thunnini – a family that is also called as the tunas, which is also known as the real tunas or true tunas. Tuna is a part of the mackerel fish family and is a very essential part of the global fishing scenario. Tuna is enjoyed around the world frozen, fresh-cooked, canned, and as sushi.
Major factors that are expected to boost the growth of the thunnus market in the forecast period are the rise in the need for canned tuna. Furthermore, the growing demand for ready to eat food due to the busy schedules of people is further anticipated to propel the growth of the thunnus market. Moreover, the need for fish products because of rise in the trend of seafood is further estimated to cushion the growth of the thunnus market. On the other hand, the disruption in the supply chain management during COVID-19 is further projected to impede the growth of the thunnus market in the timeline period.
- In addition, the ease of accessibility of canned and frozen tuna in the retail market will further provide potential opportunities for the growth of the thunnus market in the coming years. However, the obligatory government laws like the complete lockdown has had a negative influence on product sales which might further challenge the growth of the thunnus market in the near future.
This thunnus market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on thunnus market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Thunnus Market Scope and Market Size
The thunnus market is segmented on the basis of product type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the thunnus market is segmented into the bluefin group and the yellowfin group.
- On the basis of application, the thunnus market is segmented into tunas and tuna’s fillet.
Thunnus Market Country Level Analysis
The thunnus market is analysed and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the thunnus market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the thunnus market due to the tuna was the most consumed marine species. Furthermore, the rising demand for simple, tasty yet nutritious marine products will further boost the growth of the thunnus market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the thunnus market due to the rise in the trend of this fish in various countries. Moreover, the increase in the fish consumption is further anticipated to propel the growth of the thunnus market in the region in the coming years.
The country section of the thunnus market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Thunnus Market Share Analysis
The thunnus market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to thunnus market.
The major players covered in the thunnus market report are Cong TY Tnhh Do Hop Viet Cuong Yueh Chyang Canned Food Co., Ltd., NHA TRANG BAY JOINT STOCK COMPANY, Sapmer Premium Sea Products, PT Nusantara Jaya Abadi, Tecnica y Comercio de la Pesca C.A., Truong Phu Xanh Co., LTD, Global Frozen Food Company Limited, Yueh Chyang Canned Food Co., Ltd., Pesca Azteca, S.A. de C.V., Tecnica Y Comercio De La Pesca C.A., Awindo International. PT, PT WINSON PRIMA SEJAHTERA, DRAGON WAVES FROZEN FACTORY CO., LTD, Truong Phu Xanh Co. Ltd. and Kodai (Thailand) Co., Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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