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Fortune Business Insights says that the market value was USD 43.14 billion in 2024 and is projected to reach USD 54.51 billion by 2032.
Growing at a CAGR of 3.02%, the market is expected to exhibit significant growth during the forecast period of 2025-2032.
Based on species, the skipjack segment is expected to lead during the forecast period.
The rising consumption of animal protein is driving the market growth.
Bolton Group, Century Pacific Foods Inc., Thai Union Group Inc., and FCF Co. Ltd. are a few of the key players in the market.
Europe dominated the market in 2024.
Based on type, the canned segment is expected to dominate during the forecast period.
The proliferating demand for clean-label and eco-friendly seafood products is one of the leading market trends.
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