IMARC Group, a leading market research company, has recently releases report titled “GCC Tuna Market Report by Species (Skipjack, Yellowfin, Albacore, Bigeye, Bluefin), Type (Canned, Frozen, Fresh), and Region 2023-2028”, The study provides a detailed analysis of the industry, including the GCC tuna market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the GCC tuna market?
The GCC tuna market is projected to exhibit a growth rate (CAGR) of 1.10% during 2023-2028.
What is a tuna?
Tuna is a widely consumed fish that belongs to the Thunnini tribe. It is renowned for its mild flavor, firm texture, and versatility in various culinary dishes. It is found in oceans, and the most known types are skipjack, albacore, yellowfin, and bluefin. It is a rich basis of lean protein, making it a favorite among health-conscious individuals. Its nutrient profile includes essential vitamins and minerals, including vitamin D, vitamin B12, selenium, and omega-3 fatty acids, that help heart and brain health. Additionally, its low-calorie scope makes it an ideal choice for those looking to maintain or lose weight. As a result, tuna is commonly employed in salads, sandwiches, sushi, and as a grilling or searing option across the region.
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What are the growth prospects and trends in the GCC tuna industry?
The Gulf Cooperation Council (GCC) tuna market is primarily driven by the growing awareness about the health benefits associated with consuming tuna. In addition, tuna is rich in omega-3 fatty acids known for their heart-healthy properties. As more individuals in the region become health-conscious, they are seeking nutritious food options, such as tuna. Moreover, significant expansion in the retail sector, such as supermarkets and hypermarkets that often stock several tuna products makes them easily accessible to consumers, representing another major growth-inducing factor. Besides this, the growing population and individuals living in urban areas and leading busy lifestyles which is escalating the demand for convenient and quick meal options such as canned tuna, offering long shelf life and ease of preparation, thus accelerating the sales demand. Furthermore, the widespread adoption of responsible fishing practices and certifications assures customers that their products are sourced in an environmentally friendly manner, thus creating a positive market outlook.
What is included in market segmentation?
The report has segmented the market into the following categories:
Species Insights:
- Skipjack
- Yellowfin
- Albacore
- Bigeye
- Bluefin
Type Insights:
- Canned
- Frozen
- Fresh
Country Insights:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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