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Canned Seafood Market Size Forecast: How Big Could The Market Get By 2030?
The size of the canned seafood market has demonstrated strong growth in recent years. Its expansion is projected to reach from $37 billion in 2025 to $39.11 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 5.7%. Several factors have contributed to this growth historically, including the expansion of seafood consumption, advancements in food preservation technologies, increasing urbanization trends, widespread retail distribution networks, and a well-established canning infrastructure.
The canned seafood market is anticipated to experience substantial growth over the coming years. It is projected to expand to $50.77 billion by 2030, achieving a compound annual growth rate (CAGR) of 6.7%. This expansion in the forecast period stems from factors such as an increasing focus on sustainable fishing practices, a rising demand for ready-to-eat meals, the broadening of online grocery retail, a growing preference for traceable seafood products, and increasing innovation in packaging materials. Prominent trends within this period include a greater demand for convenient protein-rich foods, the increasing adoption of sustainable seafood sourcing, the expansion of premium and specialty canned seafood, an intensified focus on shelf-life extension technologies, and an enhanced emphasis on nutritional labeling.
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Canned Seafood Market Growth Backed By Core Demand Fundamentals
The expanding presence of heart disease and diabetes is anticipated to boost the growth of the canned seafood market. Heart disease encompasses conditions impacting the heart or blood vessels, including coronary artery disease, congestive heart failure, and irregular heart rhythms. Diabetes is a long-term ailment influencing the body’s sugar processing, resulting in diverse complications. Canned seafood serves as an abundant source of omega-3 fatty acids, offering health advantages like anti-inflammatory effects, lower triglycerides, marginally reduced blood pressure, diminished blood clotting, and a decreased likelihood of strokes and heart failure. For example, in September 2024, the British Heart Foundation, a UK-based cardiovascular research charity, reported that approximately 7.6 million individuals in the UK suffer from heart and circulatory diseases, accounting for about 27% of all deaths nationwide, which translates to roughly one fatality every three minutes. Furthermore, in June 2024, the National Health Service stated that 3,615,330 people were diagnosed with pre-diabetes in 2023, an increase from 3,065,825 in 2022. Consequently, the increased incidence of heart disease and diabetes is a key factor propelling the expansion of the canned seafood market.
Canned Seafood Market Segment Outlook: Which Categories Are Growing Fastest?
The canned seafood market covered in this report is segmented –
1) By Type: Canned Fish, Canned Mollusks, Canned Crustaceans, Canned Cephalopods
2) By Distribution channel: Hypermarkets and Supermarkets, Convenience stores, Independent grocery stores, Specialty stores, Online retail
3) By End User: Households, Commercial
Subsegments:
1) By Canned Fish: Tuna, Salmon, Sardines, Mackerel, Anchovies
2) By Canned Mollusks: Clams, Oysters, Scallops, Mussels
3) By Canned Crustaceans: Shrimp, Crab, Lobster, Prawns
4) By Canned Cephalopods: Squid, Octopus, Cuttlefish
Canned Seafood Market Growth Trends Reshaping The Competitive Landscape
Leading companies in the canned seafood market are concentrating on developing innovative products to solidify their market presence, appeal to consumers focused on health, and champion sustainable sourcing methods. Product innovation within canned seafood aims to create items that bring together convenience, nutritional benefits, and fishing practices that are environmentally sound. For example, Wild Planet Foods, a US-based canned seafood company, launched several new sustainably caught seafood products in July 2023. Among these is the Skipjack Solid Light Wild Tuna in Pure Olive Oil, which is entirely pole & line caught, hand-cut, and includes sea salt and olive oil, delivering a smooth texture and rich tuna taste while maintaining a low mercury content. The Wild Smoked Pink Salmon in Extra Virgin Olive Oil is sourced from the Northeast Pacific and smoked with alder wood, offering a sweet, smoky flavor ideal for bagels or snacks. Additionally, the Wild Smoked Mackerel Fillets in Extra Virgin Olive Oil are hand-packed after being sustainably procured from the North Atlantic and Eastern Pacific, providing excellent flavor with olive oil and sea salt. The Wild Pink Salmon 3-Pack features skinless and boneless salmon from small-scale fisheries in Alaska and British Columbia, perfect for quick salads or seafood dishes. Finally, the Wild Tuna Quinoa Salad Ready-To-Eat Meal blends skipjack tuna with organic quinoa, sweetcorn, zucchini, and peas, offering a wholesome, ready-to-eat option for consumers prioritizing both ease and environmental consideration.
Canned Seafood Market Leading Companies And Competitive Benchmarking
Major companies operating in the canned seafood market are StarKist Co., Maruha Nichiro Corporation, Wild Planet Foods Inc., Trident Seafoods Corporation, Connors Brothers Limited, Thai Union Group, Bumble Bee Foods LLC, Dongwon Food Co. Ltd., Nissui Corporation, American Tuna Inc., Universal Canning Incorporated, Tri Marine Group, Mowi ASA, Sajo Industries Co. Ltd., Nueva Pescanova S.L, Royal Greenland A/S, The Calvo Group, Austevoll Seafood ASA, Marine Harvest ASA, Nippon Suisan Kaisha Ltd., Century Pacific Food Inc., Bolton Group, OKAM, John West Foods, Clover Leaf Seafoods Company, Brunswick Seafood, Chicken of the Sea, Empresas Aquachile SA, Gomes da Costa, Empress International Ltd.
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Canned Seafood Market Largest Region: Which Geography Holds The Biggest Share?
Europe was the largest region in the canned seafood market in 2025. South America is expected to be the fastest-growing region in the canned seafood market during the forecast period. The regions covered in the canned seafood market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
