Latin America Packaged Tuna Market Size & Outlook
Latin America packaged tuna market, 2018-2030 (US$M)
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Latin America packaged tuna market highlights
- The Latin America packaged tuna market generated a revenue of USD 942.4 million in 2022.
- The market is expected to grow at a CAGR of 4.3% from 2023 to 2030.
- In terms of segment, canned was the largest revenue generating form in 2022.
- Pouches is the most lucrative form segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2022 | USD 942.4 million |
| Market revenue in 2030 | USD 1,314.8 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Canned |
| Fastest growing segment | Pouches |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Canned, Pouches |
| Key market players worldwide | Thai Union Group PCL ADR, Bumble Inc Ordinary Shares Class A, Century Pacific Food, Wild Planet Foods, Frinsa, Jealsa Rianxeira, Grupo Calvo, American Tuna, Ocean Brands |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.9% of the global packaged tuna market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 2,429.7 million by 2030.
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Packaged Tuna Market Scope
Packaged Tuna Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America packaged tuna market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to packaged tuna market will help companies and investors design strategic landscapes.
Canned was the largest segment with a revenue share of 72.72% in 2022. Horizon Databook has segmented the Latin America packaged tuna market based on canned, pouches covering the revenue growth of each sub-segment from 2018 to 2030.
Ecuador, Argentina, Peru, Chile, Brazil, and Colombia are the key markets within this region. The import of tuna fish has been increasing in the region over the years.
The government and tuna producers in this region have been supporting sustainable tuna fishing to avoid disrupting the lifecycles of tuna and other related species in the Eastern Pacific Ocean.
In February 2020, the Ministry of Production, Foreign Trade, Investments and Fisheries of Ecuador approved the National Tuna Action Plan (PAN ATUN) to create more efficient targets and strategies for certifying and maintaining sustainability in industrial tuna fishing.
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Our clientele includes a mix of packaged tuna market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America packaged tuna market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America packaged tuna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America Packaged Tuna Market Outlook Share, 2022 & 2030 (US$M)
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