The Global Canned Seafood Market Is Expected To Reach 49 Billion

According to the latest report from Stellar Market Research, the global canned seafood market was worth $34.32 billion in 2024 and is expected to reach nearly $49.07 billion by 2032.

The report states that the market is expected to expand at a compound annual growth rate (CAGR) of 4.57% from 2025 to 2032.

This optimistic outlook on the market is driven by several key factors:

-Consumers are surging in demand for easily accessible, protein-rich and nutritious foods, while health awareness is also increasing.

-Growth in aquaculture production, as well as technological advances in shipping, packaging and sustainability, have also played a vital role.

-Significant investments by governments and companies in responsible food choices are increasingly steering consumers towards sustainable seafood products known for their long shelf life.

Canned seafood, including popular categories such as tuna, mackerel, sardines, shrimp and salmon, are packaged in cans and sterilized to ensure their maximum shelf life. Growing consumer demand stems from the unrivalled ease of preparation, competitive pricing, inherent health benefits and wider awareness of the sustainable sourcing of these products.

The United States and Europe remain at the forefront of canned seafood consumption, with tuna being the largest consumer category. Most canned seafood exports come from Thailand, Ecuador and Vietnam, while the fastest growth in canned seafood circulation is in the Asia-Pacific region, mainly due to the region's rapid urbanization and increased export production.

The report also pointed out that consumers' purchasing habits have changed significantly, with online retail growth of nearly 20% since the outbreak of the new crown epidemic. This trend may indicate that there will be a lasting change in the way consumers obtain food, which further highlights the convenience advantage of canned seafood.