Canned Seafood Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Canned Seafood Market Share & Growth and it is segmented by Type (Canned Fish, Canned Shrimp, Canned Prawns, and Other Types), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The report offers market size and forecasts in value (USD million) for the above segments.

Canned Seafood Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Canned Seafood Market Size

Canned Seafood Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.84 %
Fastest Growing Market South America
Largest Market Europe
Market Concentration Low

Major Players

Canned Seafood Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Canned Seafood Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

Canned Seafood Market Analysis

The Canned Seafood Market is expected to register a CAGR of 4.84% during the forecast period.

The canned seafood industry is experiencing a significant transformation driven by changing consumer preferences and retail dynamics. Modern retailers are rapidly expanding their footprint and private label offerings to capture market share, exemplified by Grandiose's aggressive expansion across the UAE with stores in Dubai Marina, Um Suqeim, Barsha, Dubai Mall, and other prime locations in 2023. The industry is witnessing a marked shift towards sustainable sourcing practices, with major players obtaining environmental certifications and launching products with transparent supply chain information. Retailers are increasingly pushing for retail-ready packaging (RRP) solutions that optimize shelf space utilization while improving product visibility and consumer convenience.


Product innovation and premiumization are reshaping the competitive landscape as manufacturers focus on value-added offerings. Companies are introducing new flavor variants, convenient packaging formats, and products enriched with additional nutrients to differentiate their offerings. For instance, in Spain, which leads European canned seafood production, per capita consumption patterns show diverse preferences with canned tuna at 2.24 kg, mussels at 0.3 kg, and sardines at 2.24 kg, demonstrating the market's receptivity to varied product options. The industry is also witnessing significant investments in seafood processing industry technologies and quality control measures to maintain product integrity and extend shelf life.


The distribution landscape is evolving with the emergence of omnichannel strategies and digital platforms. Traditional retailers are partnering with e-commerce platforms to expand their reach, while manufacturers are developing direct-to-consumer channels. The value chain is experiencing significant markups at various stages, with wholesalers adding 75-90% to distributor prices and retailers further marking up prices by 35-45% for consumers, highlighting the importance of efficient distribution networks in maintaining competitive pricing.


The industry is witnessing a notable shift in consumer preferences towards premium and health-oriented products. In the United States, salmon has overtaken canned tuna to become the second most popular seafood choice after shrimp, indicating changing consumer tastes and health consciousness. Manufacturers are responding by expanding their product portfolios to include organic options, low-sodium variants, and products fortified with omega-3 fatty acids. This trend is particularly evident in developed markets where consumers are increasingly willing to pay premium prices for higher quality and healthier options.

Segment Analysis: By Type

Canned Fish Segment in Global Canned Seafood Market

The canned fish segment maintains its dominant position in the global canned fish industry, commanding approximately 65% market share in 2024. This substantial market presence is primarily driven by the widespread consumer preference for canned tuna, salmon, canned sardines, and mackerel products. The segment's strong performance is attributed to the increasing consumer awareness of the health benefits associated with fish consumption, particularly the high protein content and omega-3 fatty acids. Additionally, the convenience factor, longer shelf life, and competitive pricing of canned fish products have contributed significantly to their market dominance. The segment has also benefited from innovative product launches featuring different flavors, sustainable packaging options, and premium varieties that cater to evolving consumer preferences.

Market Analysis of Canned Seafood Market: Chart for By Type

Canned Shrimp Segment in Global Canned Seafood Market

The canned shrimp segment is emerging as the fastest-growing category in the global canned seafood market, with an expected growth rate of approximately 7% during 2024-2029. This remarkable growth is driven by increasing consumer demand for protein-rich, convenient seafood options and the segment's continuous product innovations. Manufacturers are focusing on introducing new flavors and varieties while improving the final shrimp muscle quality in canned products. The segment's growth is further supported by the rising popularity of ready-to-eat seafood products among urban consumers and the increasing adoption of canned shrimp in various cuisines worldwide. Additionally, the segment is benefiting from improved processing technologies and packaging solutions that help maintain product quality and extend shelf life.

Remaining Segments in Canned Seafood Market

The remaining segments in the canned seafood market, including canned prawns and other seafood varieties, continue to play important roles in diversifying the market offerings. The canned prawns segment has established itself as a premium offering in the market, particularly appealing to consumers seeking high-value seafood products in convenient formats. Other seafood varieties, including crab, mussels, and clams, contribute to the market's diversity by providing consumers with a wide range of options. These segments are witnessing increased innovation in terms of flavoring, packaging, and preparation methods, helping manufacturers cater to specific regional preferences and dietary requirements. The segments also benefit from the growing trend of experimental cooking and increasing consumer interest in trying different seafood varieties.

Segment Analysis: By Distribution Channel

Supermarket/Hypermarket Segment in GCC Canned Seafood Market

The supermarket/hypermarket segment maintains its dominant position in the GCC canned seafood market, commanding approximately 58% market share in 2024. This channel's prominence is attributed to its ability to offer consumers extensive product variety and competitive pricing compared to traditional stores. The large shelf space available in supermarkets and hypermarkets has been instrumental in driving strong sales of canned seafood products. Major retail chains like Carrefour, Spinneys, and Lulu Hypermarket have established strong distribution networks across the GCC region, making canned seafood products easily accessible to consumers. These retail formats also provide consumers with the advantage of comparative shopping, allowing them to evaluate different brands and products before making purchase decisions.

Online Retail Stores Segment in GCC Canned Seafood Market

The online retail stores segment is emerging as a significant growth driver in the GCC canned seafood market, projected to expand at approximately 6% CAGR from 2024 to 2029. This growth is primarily fueled by increasing smartphone adoption and improved broadband penetration across the region. Online platforms are revolutionizing the shopping experience by offering extensive product selections and convenient delivery options. Major retailers like Lulu and Carrefour have strengthened their e-commerce presence, providing consumers with easy access to a wide range of canned seafood products. The segment's growth is further supported by the rising demand for contactless shopping options and the increasing preference for digital payment solutions among GCC consumers.

Remaining Segments in Distribution Channel

The convenience stores segment continues to play a vital role in the GCC canned seafood market, particularly catering to consumers seeking quick, nearby shopping options. These stores benefit from extended operating hours and strategic locations, making them ideal for last-minute purchases. The other channels segment, which includes traditional stores, departmental stores, and specialty stores, serves specific consumer segments with unique preferences and shopping patterns. These channels often focus on premium products and specialized offerings, contributing to the market's diversity and reaching consumers through various touchpoints in the retail landscape. The seafood packaging market is also evolving to meet the demands of these diverse channels, enhancing the overall retail seafood experience.

Canned Seafood Market Geography Segment Analysis

Canned Seafood Market in North America

The North American canned seafood market demonstrates a mature and well-established ecosystem characterized by sophisticated distribution networks and strong consumer awareness. The United States leads the regional market, followed by Mexico and Canada, with each country showcasing distinct consumption patterns and preferences. The region's market is driven by increasing health consciousness, busy lifestyles, and growing demand for convenient protein sources. Consumer preferences in North America are increasingly shifting towards sustainable and ethically sourced seafood products, with manufacturers responding through enhanced transparency in sourcing and production methods.

Market Analysis of Canned Seafood Market: Forecasted Growth Rate by Region

Canned Seafood Market in the United States

The United States dominates the North American canned seafood market, holding approximately 63% market share in 2024. The country's market is characterized by strong retail infrastructure and established distribution channels, with major supermarket chains playing a crucial role in product accessibility. American consumers show a particular preference for canned tuna market and canned salmon market products, driven by their nutritional benefits and convenience. The market is witnessing increased demand for premium and sustainably sourced products, with manufacturers focusing on innovative packaging and product formulations to meet evolving consumer preferences. The presence of stringent food safety regulations and quality standards further strengthens consumer confidence in canned seafood products.

Canned Seafood Market in Mexico

Mexico emerges as the fastest-growing market in North America, with a projected growth rate of approximately 6% during 2024-2029. The country's market growth is fueled by increasing urbanization, rising disposable incomes, and growing awareness of seafood's nutritional benefits. Mexican consumers are increasingly embracing canned seafood as a convenient and affordable protein source, particularly in urban areas where busy lifestyles drive demand for ready-to-eat products. The market is witnessing significant expansion in retail distribution networks, particularly in modern retail formats, making canned seafood more accessible to consumers across different socioeconomic segments.

Canned Seafood Market in Europe

The European canned seafood market represents a diverse landscape with strong regional preferences and established consumption patterns across different countries. Spain, Italy, and Germany emerge as key markets, each contributing significantly to the region's overall consumption. The market is characterized by a strong emphasis on quality, tradition, and sustainability, with consumers showing increasing preference for premium and locally sourced products. The region's robust regulatory framework and emphasis on sustainable fishing practices significantly influence market dynamics and product development.

Canned Seafood Market in Spain

Spain maintains its position as the largest market in Europe, commanding approximately 14% market share in 2024. The country's deep-rooted seafood culture and strong domestic production capabilities contribute to its market leadership. Spanish consumers demonstrate sophisticated preferences in canned seafood, with particular emphasis on quality and traditional preparation methods. The market features a wide range of products, from premium conservas to everyday canned fish varieties, catering to diverse consumer segments and occasions.

Canned Seafood Market in Russia

Russia exhibits the highest growth potential in the European market, with a projected growth rate of approximately 7% during 2024-2029. The country's market expansion is driven by increasing consumer awareness of seafood's health benefits and growing preference for convenient protein sources. Russian consumers are increasingly embracing canned seafood as part of their regular diet, particularly in urban areas where busy lifestyles necessitate convenient meal solutions. The market is witnessing significant developments in distribution infrastructure and product innovation, catering to evolving consumer preferences.

Canned Seafood Market in Asia-Pacific

The Asia-Pacific canned seafood market demonstrates dynamic growth potential, with diverse consumer preferences and consumption patterns across different countries. Japan leads the regional market, while India shows remarkable growth potential. The region's market is characterized by increasing urbanization, rising disposable incomes, and growing awareness of convenience foods. Cultural preferences for seafood, combined with busy urban lifestyles, drive market growth across the region.

Canned Seafood Market in Japan

Japan maintains its position as the largest market in Asia-Pacific, driven by its strong seafood consumption culture and sophisticated consumer preferences. The Japanese market is characterized by high-quality standards and innovative product offerings, with consumers showing particular interest in premium and health-oriented products. The country's well-developed retail infrastructure and efficient distribution networks ensure widespread product availability and accessibility.

Canned Seafood Market in India

India emerges as the fastest-growing market in the Asia-Pacific region, driven by rapid urbanization and changing consumer lifestyles. The Indian market shows significant potential for growth as consumers increasingly embrace convenience foods. Rising disposable incomes and growing awareness of seafood's nutritional benefits contribute to market expansion. The market is witnessing increased product innovation and expansion of distribution networks to meet growing consumer demand.

Canned Seafood Market in South America

The South American canned seafood market demonstrates strong growth potential, with Brazil and Argentina as key markets. Brazil emerges as the largest market, while Argentina shows the fastest growth rate in the region. The market is characterized by increasing urbanization, rising disposable incomes, and growing demand for convenient protein sources. Consumer preferences vary across countries, influenced by local culinary traditions and economic factors. The region's rich marine resources and developing retail infrastructure contribute to market expansion.

Canned Seafood Market in Middle East & Africa

The Middle East & African canned seafood market shows promising growth potential, with significant variations in consumption patterns across different regions. The GCC countries and South Africa emerge as key markets, with South Africa showing the fastest growth potential. The market is driven by increasing urbanization, rising disposable incomes, and growing awareness of convenience foods. Consumer preferences vary significantly across regions, influenced by local dietary habits and economic conditions. The market witnesses continuous expansion in retail infrastructure and distribution networks, particularly in urban areas.

Canned Seafood Industry Overview

Top Companies in Canned Seafood Market

The global canned fish industry is characterized by intense competition among major players like Thai Union Group, Bolton Group, Americana Group, and FCF Co. Ltd. Companies are increasingly focusing on product innovation through the development of value-added seafood products, including new flavoring options and sustainable packaging solutions. Operational agility is demonstrated through investments in advanced processing technologies and automation, with companies like Marel leading the advancement of processing technology. Strategic partnerships and collaborations have become a dominant trend, particularly for expanding distribution networks and entering new geographical markets. Companies are also emphasizing sustainability certifications and traceability initiatives, with many obtaining Marine Stewardship Council (MSC) certification and implementing blockchain technology for supply chain transparency.

Fragmented Market with Strong Regional Players

The canned tuna industry exhibits a mix of global conglomerates and regional specialists, with local brands maintaining strong market positions due to consumer familiarity and heritage. The market structure is relatively fragmented, with multiple players competing across different price segments and product categories. Major companies are strengthening their positions through strategic acquisitions and partnerships, as evidenced by FCF Co.'s acquisition of Bumble Bee Foods and Thai Union's various strategic investments in regional players. These consolidation activities are primarily aimed at expanding geographical presence and acquiring local expertise.


The competitive dynamics are further shaped by the strong presence of private label brands and regional manufacturers who compete effectively in their respective markets. Companies are increasingly focusing on vertical integration strategies to maintain better control over the supply chain and ensure product quality. The market has witnessed significant investment in research and development, with companies developing innovative products to cater to changing consumer preferences and health consciousness. The competitive landscape is also influenced by the growing importance of sustainability certifications and environmental considerations in consumer purchasing decisions.

Innovation and Sustainability Drive Future Success

Success in the seafood processing industry increasingly depends on companies' ability to adapt to evolving consumer preferences and sustainability requirements. Market leaders are investing in advanced processing technologies and automation to improve operational efficiency and product quality. Companies are also focusing on developing value-added products with premium positioning and health-oriented features to differentiate themselves in the market. The ability to ensure supply chain transparency and maintain sustainable sourcing practices has become crucial for maintaining market position and consumer trust.


For new entrants and smaller players, success lies in identifying and serving niche market segments with specialized products and innovative packaging solutions. Companies need to focus on building strong distribution networks and establishing partnerships with retailers to enhance market presence. The regulatory environment, particularly regarding fishing quotas and sustainability requirements, continues to shape competitive strategies. Market players must also address the growing competition from alternative protein sources and plant-based seafood products by emphasizing the unique nutritional benefits and convenience of packaged seafood products.

Canned Seafood Market Leaders

  1. Thai Union Group 

  2. Trident Seafoods Corporation

  3. Maruha Nichiro Corporation

  4. Dongwon Enterprise Co., Ltd.

  5. FCF Co. Ltd (Bumble Bee Foods LLC)

  6. *Disclaimer: Major Players sorted in no particular order
Canned Seafood Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Canned Seafood Market News

  • In September 2022, Jim Pattison Group's Ocean Brands introduced canned fish products. For the first time in the United States, Ocean Brands, a brand known for its sustainably caught fish for over half a century, is introducing its affordable Ocean's line of tinned seafood. As part of Ocean's partnership with Matiz, eight varieties of Brisling Sardines and Mackerel fillets are being introduced.
  • In June 2022, Maldives Industrial Fisheries Company Limited (MIFCO), a Maldives-based company that is engaged in the activity of manufacturing fish products, recently launched a new canned tuna product known as Drained Tuna Chunks. According to MIFCO, the new product is different from its other canned tuna products since it uses less oil.
  • In August 2021, the Bolton Company acquired Wild Planet Foods, a pioneer in the United States sustainable canned fish industry. Through the acquisition, the Italian group is accelerating its path of international growth and sustainability to become more global and sustainable in the future.

Canned Seafood Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Canned Fish
    • 5.1.1.1 Tuna
    • 5.1.1.2 Salmon
    • 5.1.1.3 Sardines
    • 5.1.1.4 Mackerel
    • 5.1.2 Canned Shrimp
    • 5.1.3 Canned Prawns
    • 5.1.4 Other Types
  • 5.2 Distribution Channel
    • 5.2.1 Supermarkets/Hypermarkets
    • 5.2.2 Convenience Stores
    • 5.2.3 Online Retail Stores
    • 5.2.4 Other Distribution Channels
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 United Kingdom
    • 5.3.2.2 Germany
    • 5.3.2.3 Spain
    • 5.3.2.4 France
    • 5.3.2.5 Italy
    • 5.3.2.6 Russia
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Strategies Adopted by Key Players
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Americana Group Inc. (California Garden)
    • 6.3.2 Thai Union Group (John West)
    • 6.3.3 Century Pacific Food Inc.
    • 6.3.4 Bolton Group (Rio Mare)
    • 6.3.5 Okam
    • 6.3.6 Dhofar Fisheries and Food Co. SAOG
    • 6.3.7 Dongwon Group
    • 6.3.8 Carvalho Fisheries
    • 6.3.9 Maldives Industrial Fisheries Company Limited (MIFCO)
    • 6.3.10 Jim Pattison Group Inc
    • 6.3.11 FCF Co. Ltd (Bumble Bee Foods LLC)
    • 6.3.12 Trident Seafoods Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Canned Seafood Industry Segmentation

Canned seafood is processed food that has been heated and sealed in an airtight container, such as a sealed tin can. The canned seafood market is segmented by type, distribution channel, and geography. By type, the market is segmented into canned fish, canned shrimp, canned prawns, and other types. Canned fish is further sub-segmented into tuna, salmon, sardines, and mackerel. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online retail stores, and other distribution channels. It provides an analysis of emerging and established economies across the world, comprising North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value in (USD million).

Type Canned Fish Tuna
Salmon
Sardines
Mackerel
Canned Shrimp
Canned Prawns
Other Types
Distribution Channel Supermarkets/Hypermarkets
Convenience Stores
Online Retail Stores
Other Distribution Channels
Geography North America United States
Canada
Mexico
Rest of North America
Europe United Kingdom
Germany
Spain
France
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa United Arab Emirates
South Africa
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Canned Seafood Market Research FAQs

What is the current Canned Seafood Market size?

The Canned Seafood Market is projected to register a CAGR of 4.84% during the forecast period (2025-2030)

Who are the key players in Canned Seafood Market?

Thai Union Group, Trident Seafoods Corporation, Maruha Nichiro Corporation, Dongwon Enterprise Co., Ltd. and FCF Co. Ltd (Bumble Bee Foods LLC) are the major companies operating in the Canned Seafood Market.

Which is the fastest growing region in Canned Seafood Market?

South America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Canned Seafood Market?

In 2025, the Europe accounts for the largest market share in Canned Seafood Market.

What years does this Canned Seafood Market cover?

The report covers the Canned Seafood Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Canned Seafood Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Canned Seafood Market Research

Mordor Intelligence provides comprehensive insights into the canned seafood industry. We leverage extensive expertise in the processed seafood and seafood processing industry analysis. Our detailed research covers the entire value chain, from marine food processing to retail seafood distribution. It offers in-depth coverage of preserved seafood segments, including canned tuna, canned salmon, canned sardines, and other packaged seafood products. The report, available as an easy-to-download PDF, examines crucial aspects of seafood packaging technologies and ambient seafood storage solutions.

Stakeholders across the convenience seafood sector benefit from our thorough analysis of tinned seafood market dynamics and seafood processing industry trends. The report provides valuable insights into canned fish industry developments, retail seafood market performance, and emerging opportunities in the processed seafood market. Our research methodology incorporates a detailed analysis of seafood conservation practices, seafood packaging market innovations, and evolving consumer preferences for preserved fish products. This delivers actionable intelligence for industry participants seeking to optimize their market positioning and strategic planning.