rozen Tuna Market to Reach $13.3 Billion by 2032: Allied Market Research Analysis
According to a new report published by Allied Market Research titled "Frozen Tuna Market," the frozen tuna market was valued at $6.6 billion in 2022 and is estimated to reach $13.3 billion by 2032, growing at a CAGR of 7.4% from 2023 to 2032.โถ ๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ : https://www.alliedmarketresearch.com/request-sample/A318745
"Frozen tuna" refers to tuna fish that has been caught and immediately frozen to preserve its freshness. Tuna is a popular type of fish, and freezing is a common method used in the seafood industry to extend the shelf life of the fish as well as maintain its quality. When tuna is frozen, it helps prevent the growth of bacteria and other microorganisms that cause spoilage. This preservation method is especially important for maintaining the taste and texture of the fish during transportation & storage.
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The increase in popularity of sushi and sashimi as trendy and healthy food options has led to an increase in overall sushi consumption. Therefore, there is a surge in demand for tuna and frozen fish, and frozen tuna market size becomes a convenient & practical solution to meet this demand while preserving freshness. Frozen tuna allows for better supply chain management as it is caught, processed, and frozen at sea. This ensures that the tuna retains its quality during transportation and provides flexibility in distribution, allowing access to high-quality tuna in regions where fresh tuna is not readily available. Frozen tuna enables year-round accessibility of this essential ingredient, regardless of seasonal variations in tuna availability. This ensures a steady supply for sushi and sashimi restaurants, contributing to the high popularity of these dishes. Freezing tuna helps preserve its quality, texture, and taste. This is crucial for sushi and sashimi dishes where the freshness of the fish is paramount. The use of frozen tuna ensures that chefs consistently deliver a high-quality dining experience to customers. Frozen tuna provides a more cost-effective solution as compared to fresh tuna. This makes it an attractive option for restaurants as well as consumers, allowing them to enjoy sushi and sashimi without the potential cost fluctuations associated with fresh, seasonal tuna.
However, as consumers significantly seek alternative protein sources, such as plant-based proteins or other sustainable options, the demand for traditional animal-based products such as frozen tuna is expected to decline. This shift in preference is anticipated to lead to a decrease in market share for frozen tuna. Tuna fish, especially larger species such as bluefin tuna, accumulate higher levels of mercury. Consumer awareness regarding mercury contamination in seafood leads to concerns about the health hazards of consuming tuna. This results in a decline in demand for frozen tuna as consumers opt for lower-mercury seafood alternatives. An increase in awareness regarding environmental issues, including overfishing and the effect of fishing practices on marine ecosystems, influences consumers to choose sustainable seafood options. Furthermore, consumers are becoming highly conscious of the origin and production methods of their food. A lack of clear labeling or certification regarding the sustainability and sourcing of frozen tuna deters environmentally conscious consumers from purchasing these products. Moreover, the price of frozen tuna is influenced by various factors, including fishing practices, transportation costs, and market demand. As alternative protein sources or seafood options become notably cost-competitive, price-sensitive consumers are anticipated to switch to more affordable alternatives, affecting the growth of the frozen tuna market.
โถ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ : https://www.alliedmarketresearch.com/connect-to-analyst/A318745
On the contrary, e-commerce platforms allow companies to expand their market reach beyond geographical constraints. This enables frozen tuna suppliers to access a global audience, thereby reaching consumers who do not have easy access to traditional brick-and-mortar stores. Direct-to-consumer sales through online platforms provide convenience for consumers. They are able to browse, select, and purchase frozen tuna products from the comfort of their homes, saving time and effort compared to physically visiting a store. Furthermore, e-commerce platforms offer opportunities for companies to highlight their brand and spread awareness. Through engaging product descriptions, visuals, and customer reviews, businesses are able to establish a strong online presence and differentiate themselves in a competitive market. Direct-to-consumer sales allow for a more personalized shopping experience. Companies analyze consumer data to understand preferences and tailor their offerings, promotions, and marketing strategies accordingly, thus enhancing customer satisfaction & loyalty. E-commerce platforms enable transparent communication between the producer and the consumer. Companies provide detailed information about their frozen tuna products, including sourcing methods, sustainability practices, and nutritional value; therefore, they foster trust among consumers. E-commerce platforms offer flexibility in running promotions and sales. Companies take advantage of seasonal demand fluctuations by offering discounts or special promotions during peak times, which drive sales and attract new customers. These factors are anticipated to boost frozen tuna market opportunities in the upcoming years.
The frozen tuna market share is segmented by type, application, and region. As per type, it is classified into frozen albacore, frozen big eye ahi, frozen bluefin tuna, frozen skipjack, and frozen yellowfin tuna. Depending on the application, it is divided into supermarkets and hypermarkets, convenience stores, specialty stores, and online retail. By region, the frozen tuna market analysis across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the frozen tuna market report include Brig-Star LLC, Chicken of the Sea, Dongwon Enterprise Company, High Liner Foods, Marine Harvest, Nippon Suisan Kaisha, aka Nissui, Pescanova SA, SalMar ASA, Zoneco Group, and Tassal Group.
The report offers a comprehensive analysis of global frozen tuna market trends by thoroughly studying various aspects of the frozen tuna market forecast, including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working toward frozen tuna market growth. The report highlights the present scenario and upcoming trends & developments that are contributing to the growth of the market. Moreover, restraints and challenges that hold power to obstruct the frozen tuna industry's growth are profiled in the report, along with Porter's five forces analysis of the market to elucidate factors such as the competitive landscape, bargaining power of buyers & suppliers, threats from new players, and the emergence of substitutes in the market.
๐๐๐ฒ ๐ ๐ขn๐๐ขn๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
Based on type, the frozen bluefin tuna segment emerged as the global leader in 2022, and it is anticipated to be the fastest-growing segment during the forecast period.
Based on the application, the supermarkets and hypermarkets segment emerged as the global leader in 2022, and it is predicted to show the fastest growth in the upcoming years.
Based on region, the Asia-Pacific market registered the highest market share in 2022 and is projected to maintain its position during the forecast period.
โถ ๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง : https://www.alliedmarketresearch.com/request-for-customization/A318745
๐ ๐ซ๐๐ช๐ฎ๐n๐ญ๐ฅ๐ฒ ๐๐ฌ๐ค๐๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จn๐ฌ?
๐1. ๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐ฏ๐ขn๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐n๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎn๐ข๐ญ๐ข๐๐ฌ ๐ขn ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐ ๐ฆ๐๐ซ๐ค๐๐ญ?
๐2. ๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ฌ๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ ๐จ๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ?
๐3. ๐๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จn๐ฌ ๐๐ซ๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ฆ๐จ๐ซ๐ ๐๐ฎ๐ฌ๐ขn๐๐ฌ๐ฌ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎn๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ขn ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ฎ๐ซ๐?
๐4. ๐๐ก๐จ ๐๐ซ๐ ๐ญ๐ก๐ ๐ฅ๐๐๐๐ขn๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ญ๐ข๐ฏ๐ ๐ขn ๐ญ๐ก๐ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐ ๐ฆ๐๐ซ๐ค๐๐ญ?
๐5. ๐๐ฒ ๐ญ๐ฒ๐ฉ๐, ๐ฐ๐ก๐ข๐๐ก ๐ฌ๐๐ ๐ฆ๐n๐ญ ๐ก๐๐ฅ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฑ๐ข๐ฆ๐ฎ๐ฆ ๐ฌ๐ก๐๐ซ๐ ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ขn 2022?
๐6. ๐๐ก๐จ ๐๐ซ๐ ๐ญ๐ก๐ ๐ฉ๐จ๐ญ๐n๐ญ๐ข๐๐ฅ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐ ๐ฆ๐๐ซ๐ค๐๐ญ?
๐7. ๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐๐n๐๐๐ข๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ?
๐8. ๐๐ก๐ข๐๐ก ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จn๐ฌ ๐๐ซ๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐ญ๐ก๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จn ๐จ๐ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐?
๐9. ๐๐ก๐๐ญ ๐๐ฎ๐ซ๐ซ๐n๐ญ ๐ญ๐ซ๐n๐๐ฌ ๐๐ซ๐ ๐n๐ญ๐ข๐๐ข๐ฉ๐๐ญ๐๐ ๐ญ๐จ ๐ขn๐๐ฅ๐ฎ๐n๐๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ณ๐n ๐ญ๐ฎn๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ขn ๐ญ๐ก๐ n๐๐ฑ๐ญ ๐๐๐ฐ ๐ฒ๐๐๐ซ๐ฌ?
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
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