The optimistic outlook for the market is fueled by several key drivers. There's a surging consumer demand for easily accessible, protein-rich food opt

Global Canned Seafood Market Forecasted to Hit $49 Billion by 2032 Amid Surging Demand

UNITED KINGDOM
Monday, June 16, 2025, 00:10 (GMT + 9)

Driven by convenience, health consciousness, and a growing emphasis on sustainable sourcing, the sector is projected to expand significantly, reaching a compound annual growth rate of 4.57% from 2025.

LONDON – The global canned seafood market, valued at $34.32 billion in 2024, is set for substantial growth, with projections indicating it will reach nearly $49.07 billion by 2032. This expansion is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 4.57% from 2025 to 2032, according to the latest report from Stellar Market Research.

"Canned seafood is an everyday food that has evolved into a premium food category that sits at the intersection of traditional preservation, freshness, modern sensory experiences, and nutritional value," the report highlights.

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This optimistic outlook for the market is fueled by several key drivers. There's a surging consumer demand for easily accessible, protein-rich, and nutrient-dense food options, coupled with increased health awareness. Growth in aquaculture, alongside technological advances in shipping, packaging, and sustainability, also plays a crucial role. Furthermore, significant investments by governments and companies in responsibly sourced food options are increasingly guiding consumers towards sustainable seafood products known for their extended shelf life.

Market Dynamics and Key Trends

Canned seafood products, which include popular varieties like tuna, mackerel, sardines, shrimp, and salmon, are packaged in cans and sterilized to ensure maximum longevity. The rising consumer demand stems from the unparalleled convenience of preparation, competitive pricing, inherent health benefits, and a broader understanding of how these products are sustainably sourced.

John West Foods is a United Kingdom-based seafood marketing company established in 1857, and currently owned by Thai Union Group of Thailand -->

Both the U.S. and Europe remain at the forefront of canned seafood consumption, with tuna leading as the largest category. The majority of canned seafood exports originate from Thailand, Ecuador, and Vietnam, while the Asia-Pacific region is experiencing the fastest growth in canned seafood product movement, driven by rapid urbanization and increased production for export.

The report also notes a significant shift in consumer purchasing habits, with online retail approaching 20% growth since the onset of COVID-19. This trend may indicate a lasting change in how consumers acquire their food, further supporting the convenience factor of canned seafood.

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