Global Canned Seafood Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global canned seafood market in its upcoming report titled, “Global Canned Seafood Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global canned seafood market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global canned seafood market report has been segmented on the basis of product and region.

Canning is a method of preserving food in which food contents are processed and sealed in an airtight container. Canning is widely considered as the easiest way to extend shelf life of food products while maintaining proper vitamin and protein contents. Canning is primarily done to increase shelf life that typically ranges from one to five years, although under specific circumstances it can be much longer. Metal packaging with sardines is the most conventional form of canned seafood available in the market. Also, canned fish are the basic type of seafood’s available abundantly in the market.

Growing demand for ready-to-eat seafood products, owing to changing lifestyle and demand for on-the-go foods is a key factor expected to drive growth of the global market over the forecast period. In addition, innovations in fish farming techniques coupled with developments in canning procedures are other factors expected to support growth of this market in the near future.

However, high usage of preservatives in some canned foods, can cause health issues in individuals if consumed in high quantities. This is a major factor restraining growth of the global market. Additionally, seasonal availability of certain seafood is another factor hampering growth of the target market over the forecast period.

Increasing research and development activities for improving shelf life of seafood products and growing e-commerce sector are expected to create potential revenue opportunities for players operating in the market over the forecast period.

The market in Asia Pacific dominates the global market in terms of revenue over the forecast period, owing to increasing demand for ready-to-eat meals and seafood’s coupled with increasing preference for seafood products among individuals in the region. The market in North America followed by Europe is expected to register highest revenue share in the market owing to high disposable income coupled with increasing demand for high-quality seafood product in various countries in this region.

Global canned seafood market segmentation:

Segmentation by product:

• Tuna
• Salmon
• Sardines
• Prawns
• Shrimps
• Other seafood’s

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa