Global Tuna Fish Market Analysis
The global market for tuna fish is projected to grow from US$40.93 billion in 2023 to US$53.73 billion by 2032, representing a compound annual growth rate (CAGR) of 3.07% from 2024 to 2032.
Over many years, tuna fisheries have played a substantial role in the global market. Tuna is revered for its culinary versatility and nutritional benefits, and it is found in various species across temperate and tropical oceans. Unfortunately, tuna fisheries are encountering sustainability challenges arising from overfishing, habitat degradation, and bycatch concerns. To effectively address these issues and ensure the preservation of both tuna species and the ecosystems they inhabit, it is imperative to implement sustainable fishing practices and for consumers to make responsible choices.
Commercial tuna fishing is a significant part of the blue economy, with certain species commanding high prices. Consumption patterns have changed recently, with the United States, J