Published by Wanda Rich
Posted on March 20, 2025
Rising Demand for Natural Tuna-Derived Ingredients Reshapes Global Health Product Landscape. States Fact. MR
According to Fact.MR, a market research and competitive intelligence provider, the global tuna extract market is estimated to reach a valuation of US$ 9.8 billion in 2024 and is expected to grow at a CAGR of 5.3% during the forecast period of 2024 to 2034.
The growth of the global tuna extracts market can be attributed to the increasing consumer awareness of health benefits associated with tuna-derived products such as high-fat proteins omega-3 fatty acids and several vitamins and minerals. Tuna extracts find applications in nutraceuticals and pharmaceuticals, food and beverage, cosmetics, and animal feed industries. Their popularity is further fuelled by the growing demand for natural as well as functional ingredients, more in nutraceuticals and dietary supplementation, all aimed at preventive medicine and improvement of nutrition. Tuna extract contains many active ingredients and is considered most beneficial in diseases associated with the heart, brain, and immune system. In addition, the increase in demand for clean-label products along with ethical sourcing has urged manufacturers and suppliers of products to reinvent and improve their product systems.
Considering the growth of applications in the cosmetic and animal feed sectors, the global tuna extract market becoming large shortly is evident. Healthy aging concepts, functional foods as well as increasing disposable income levels in developing countries reinforce the increasing trend. As consumers have more access to supplements and functional foods that contain fewer artificial ingredients and more proteins, it is expected that the market will continue on an upward trend.
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Key Takeaways from the Market Study
“An increase in disposable incomes in the developing markets enhances the adoption rates of tuna extract consumption.”says a Fact.MR analyst.
Development by Market Players in the Tuna Extract Market:
Bolton Group: In March 2023, Bolton Group announced its acquisition of Wild Planet Foods, a leader in sustainably caught canned seafood in the U.S. This acquisition is part of Bolton's strategy to enhance its presence in the sustainable seafood sector. With this move, Bolton aims to ensure that all its seafood products are sustainably sourced by 2024, aligning with growing consumer preferences for ethically sourced products
Bumble Bee Seafoods, LLC: January 2024, Bumble Bee Seafoods announced that its entire portfolio of canned Solid White Albacore Tuna is now non-GMO project Verified. This initiative is part of the company's commitment to clean labeling and consumer transparency. Bumble Bee also launched a traceability website, Trace My Catch, allowing consumers to track the origin of their seafood products, enhancing their commitment to sustainability and responsible sourcing.
Nippon Suisan Kaisha, Ltd.: In February 2024, Nippon Suisan announced a partnership with local fisheries in Japan to promote sustainable fishing practices. This collaboration aims to ensure that all tuna caught meets stringent sustainability standards while also supporting local fishing communities. More Valuable Insights on Offer
Global Increase in Seafood Consumption Fuels Demand for Extract Ingredients:
The growing global seafood intake is significantly driving the demand for tuna extract ingredients. As consumers become more health-conscious and recognize the nutritional benefits of fish—such as high protein content and essential fatty acids—the demand for marine-derived products, including tuna extracts, continues to rise.
Tuna extract, known for its rich nutritional composition of amino acids, omega-3 fatty acids, and other bioactive compounds, is increasingly being utilized in various industries, including functional foods, dietary supplements, and pharmaceuticals.
Several factors contribute to this rising seafood consumption trend. A major shift in dietary preferences, particularly the transition from red meat to white meat and seafood, is fueling this demand. The growing popularity of flexitarian and pescatarian diets, along with heightened awareness of seafood's cardiovascular and cognitive health benefits, further strengthens the market for tuna extract ingredients.
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Rising Consumer Preference for Minimally Processed, Additive-Free Products:
The tuna extract market is increasingly shaped by evolving consumer preferences, with a growing demand for minimally processed and naturally derived food products. Health-conscious consumers are actively seeking cleaner, additive-free ingredients, driving the need for products that are free from chemical preservatives and excessive processing.
This trend aligns well with tuna extract, which is a rich natural source of proteins, amino acids, and omega-3 fatty acids. Consumers, particularly those focused on clean-label products, are paying closer attention to ingredient lists, opting for simpler, more transparent options that retain their original nutritional value.
Key Market Players:
Empresas Yadran S.A.
Consolidated Sardine (Pty) Ltd
Cargill
Incorporated
Bolton Group
Nippon Suisan Kaisha, Ltd
Dongwon Industries Co., Ltd.
Bumble Bee Seafoods, LLC
Princes Group Limited
Tri Marine International
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