China Tuna Market to Grow with a CAGR of 3.45% through 2030F
The China Tuna Market is
experiencing significant growth due to increasing consumer demand for
convenient, protein-rich seafood, growing awareness of health benefits,
expanding middle-class population, and enhanced availability through retail
channels.
According
to TechSci Research report, “China Tuna Market – By Region, Competition Forecast & Opportunities, 2020-2030F”, the China Tuna Market was valued at USD 1.85
Billion in 2024 and is expected to reach USD 2.26 Billion by 2030 with a CAGR
of 3.45% during the forecast period.
The China tuna market has been experiencing notable growth due to several
macroeconomic and consumer-driven trends. Over the past few years, demand for
tuna, a high-protein, nutrient-rich seafood, has surged, spurred by increasing
health consciousness among Chinese consumers. As the middle class grows and
disposable incomes rise, more consumers are shifting away from processed foods
and sugary beverages towards healthier alternatives like tuna, which is rich in
omega-3 fatty acids. This shift is particularly evident in urban centers where
working professionals and health-conscious individuals are leading the charge
towards more balanced, nutritious diets. Additionally, the rising popularity of
international cuisines, which frequently incorporate tuna, has contributed to
its growing demand, particularly in major cities such as Shanghai and Beijing.
The convenience and versatility of tuna, often available in easy-to-use forms
like canned or pre-packaged meals, make it an attractive option for busy,
on-the-go consumers.
The increasing demand for ready-to-eat
and convenient tuna products is another major driver in the market. With
China's rapidly urbanizing population, consumers are seeking meals that are not
only nutritious but also easy to prepare. Tuna products, especially canned
tuna, have become a go-to solution for time-pressed individuals. Canned tuna
offers a long shelf life, making it a pantry staple for many households. It
also fits well with modern consumers' increasing preference for on-the-go meals
that require minimal preparation. Alongside traditional canned tuna, the demand
for other tuna products, such as vacuum-sealed and frozen tuna, has been on the
rise. These products offer convenience and cater to a variety of culinary
preferences. With the development of online grocery platforms and delivery
services, consumers now have more access to these convenient tuna options,
making the product even more popular.
Economic growth in China is another
factor significantly contributing to the market's expansion. As China’s GDP
continues to grow and disposable incomes rise, consumers are increasingly
willing to spend on premium food items. Tuna, especially higher-quality
varieties such as sashimi-grade and sustainably sourced products, is becoming a
staple for the middle and upper classes. Economic growth has also allowed for
greater access to international food products, which has driven the demand for
seafood like tuna. This trend is particularly notable in larger, metropolitan
areas, where consumers are more exposed to global food trends. As a result,
there has been a marked shift in the types of tuna products consumed, with more
consumers opting for premium options as they seek higher-quality, nutritious
foods. This shift aligns with China’s overall increasing demand for organic and
health-focused foods, a trend seen across various food categories.
Sustainability concerns are another key
driver shaping the future of China’s tuna market. As consumers become more
environmentally aware, there is a growing preference for sustainably sourced
tuna. Overfishing and the depletion of tuna populations have raised alarms
globally, leading to calls for more responsible fishing practices. Chinese
consumers are increasingly prioritizing products that are certified as
sustainable and responsibly sourced. As such, brands and retailers are focusing
on sustainability certifications, such as the Marine Stewardship Council (MSC)
label, to cater to environmentally conscious shoppers. This trend is also
influencing the way tuna is marketed, with a greater emphasis on traceability
and transparent sourcing practices. As sustainability becomes a more pressing
issue for consumers, companies are compelled to adopt eco-friendly practices
and ensure that their tuna supply chains are transparent and ethical.
Browse
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"China Tuna Market”
The China Tuna
Market is segmented into product type, end user, distribution channel and
region.
Based
on distribution channel, the
online segment is the fastest-growing distribution channel in the China tuna
market. E-commerce platforms have seen a rise in tuna sales due to the
convenience and accessibility they offer. Online shopping allows consumers to
easily access a wide variety of tuna products, including premium and
sustainably sourced options. Additionally, the growth of digital platforms and
online delivery services has made it more convenient for consumers to purchase
products at any time. This trend reflects the growing reliance on online retail
in China, especially in urban areas where busy lifestyles demand easy shopping
solutions.
Based
on region, the South-Central region of China is the fastest-growing segment in
the tuna market. This growth is driven by urbanization, increasing disposable
income, and changing dietary preferences toward healthy and convenient seafood
options. As economic development continues in cities like Wuhan and Changsha,
there is a rising demand for premium and ready-to-eat tuna products. The
growing middle class in this region is becoming more health-conscious, boosting
the consumption of nutritious, protein-rich food like tuna. This trend is
supported by expanding retail networks and online platforms that make tuna more
accessible to consumers in the region.
Major companies
operating in China Tuna Market are:
- Fujian Yunshang
Food Co., Ltd
- Jutai
Foods Group Limited
- Shines Sea Food
Ltd
- Zhangzhou Great
Land Foods Co., Ltd
- Tropical Food
Manufacturing (Ningbo) Co., Ltd
- Qinhuangdao
Ocean Food Co., Ltd
- Frinsa del
Noroeste S.A.
- Thai Union
Group Public Company Limited
- Bumble Bee Foods, LLC
- Century
Pacific Food Incorporated
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“The China
tuna market is poised for
continued growth, driven by health-consciousness, rising disposable incomes,
convenience trends, and sustainability awareness. As consumers seek healthier,
more convenient food options, tuna is positioned to meet their demands due to
its nutritional benefits and versatility. The market's growth is also supported
by economic expansion, with more people able to afford premium tuna products.
However, the market faces challenges related to sustainability and competition
from other food sources. As long as the industry adapts to these challenges and
continues to innovate with sustainable practices and premium offerings, the
tuna market in China will likely maintain its upward trajectory in the coming
years.” said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“China Tuna Market By Product Type (Canned Tuna, Frozen Tuna, Fresh Tuna, Sushi-Grade
Tuna), By End User (Household Consumption, Foodservice Industry, Others), By
Distribution Channel (Convenience Stores, Specialty Stores, Hypermarkets/Supermarkets,
Online, Others), By Region, Competition Forecast & Opportunities,
2020-2030F”, has evaluated the future growth potential of China
Tuna Market and provides statistics & information on market size, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the China Tuna Market.
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