GCC Tuna Market by Species (Skipjack, Yellowfin, Albacore, Bigeye & Bluefin) and Type (canned, frozen & fresh): Industry Analysis, Trends, Growth and Forecast 2023-2028

GCC Tuna Market Overview:

The GCC tuna market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. The market is projected to register a CAGR of X% during 2023-2028, reaching US$ XX Billion by 2028. Tuna is a saltwater fish that belongs to the tribe Thunnini, a subgrouping of the Scombridae family. It is one of the very few species of fish that are able to maintain a body temperature higher than that of the surrounding water. It is an active and agile predator with a sleek, streamlined body and is considered the fastest-swimming pelagic fish. It is universally enjoyed as frozen, fresh-cooked, canned, and sushi. Approximately 60% of the tuna comes from the West and Central Pacific Oceans (WPCO). In recent years, tuna has gained traction as it is extensively bought by end customers, canning industries, and restaurants.

One of the primary factors driving the market is the increasing demand for ready-to-eat (RTE) food on account of the busy schedules of the masses. Additionally, the import duty fees on canned tuna are less in various nations, such as Middle East, which is creating a positive market outlook. Other than this, canned tuna is highly popular as it has an increased shelf life. Besides this, the significant shift of the masses to easy-to-cook, long-lasting, and internationally loved food items is propelling the market growth. In line with this, with the increasing health consciousness, the demand for fresh and frozen tuna is constantly rising in the GCC region. Apart from these factors, tuna offers numerous health benefits, such as a high potassium level that helps reduce blood pressure, and the risk of stroke and heart attack. Other than this, it possesses manganese, vitamin C, zinc, and selenium, which helps strengthen the immune system. Furthermore, the presence of various kinds of tuna that cater to the tastes and preferences of a large number of consumers is catalyzing the market growth. Moreover, numerous technological advancements and several academic research centers are minimizing the disease threats, thus creating a positive market outlook for the key players operating in the industry.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC tuna market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC tuna market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC tuna market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC tuna market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC tuna market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC tuna market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC tuna market industry. Furthermore, the value chain analysis of the GCC tuna market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Tuna Market Segment Insights:

The GCC tuna market has been analysed as followed:

Segmentation by Species:

  • Skipjack
  • Yellowfin
  • Albacore
  • Bigeye
  • Bluefin

Segmentation by Type:

  • Canned
  • Frozen
  • Fresh

Segmentation by Country:

  • Saudi Arabia
  • United Arab Emirates
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Tuna Market Report:

  • Historical and current scenario
  • Trends and developments
  • Market forecast
  • Impact of COVID-19
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

Report Customisation:

The GCC tuna market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs

1 Introduction
    1.1    Research Objectives 
    1.2    Stakeholders
    1.3    Scope of the Report
    1.4    Assumptions and Limitations
2 Research Methodology 
    2.1    Data Collection
        2.1.1    Primary Sources
        2.1.2    Secondary Sources
    2.2    Market Size Estimation
        2.2.1    Bottom-Up Approach
        2.2.2    Top-Down Approach
    2.3    Data Validation
3 Executive Summary
4 Global Tuna Market

    4.1    Historical Market Trend
    4.2    Market Segmentation by Region
    4.3    Market Outlook
5 GCC Tuna Market
    5.1    Industry Overview 
    5.2    Key Industry Developments
    5.3    Market Trends
        5.3.1    Key Market Indicators
        5.3.2    Historical Market Trends
        5.3.3    Impact of COVID-19
        5.3.4    Market Outlook
6 GCC Tuna Market Segmentation by Country
    6.1    Saudi Arabia  
        6.1.1    Historical Market Trends
        6.1.2    Market Outlook
    6.2    United Arab Emirates   
        6.2.1    Historical Market Trends
        6.2.2    Market Outlook
    6.3    Qatar 
        6.3.1    Historical Market Trends
        6.3.2    Market Outlook
    6.4    Kuwait 
        6.4.1    Historical Market Trends
        6.4.2    Market Outlook
    6.5    Oman  
        6.5.1    Historical Market Trends
        6.5.2    Market Outlook
    6.6    Bahrain  
        6.6.1    Historical Market Trends
        6.6.2    Market Outlook
7 GCC Tuna Market Segmentation by Species
    7.1    Skipjack
        7.1.1    Historical Market Trends
        7.1.2    Market Outlook
    7.2    Yellowfin
        7.2.1    Historical Market Trends
        7.2.2    Market Outlook
    7.3    Albacore
         7.3.1    Historical Market Trends
         7.3.2    Market Outlook
    7.4    Bigeye
         7.4.1    Historical Market Trends
         7.4.2    Market Outlook
    7.5    Bluefin
         7.5.1    Historical Market Trends
         7.5.2    Market Outlook
8 GCC Tuna Market Segmentation by Type
    8.1    Canned
         8.1.1    Historical Market Trends
         8.1.2    Market Outlook
    8.2   Frozen    
        8.2.1    Historical Market Trends
        8.2.2    Market Outlook
    8.3   Fresh   
        8.3.1    Historical Market Trends
        8.3.2    Market Outlook
9 GCC Tuna Industry: Market Dynamics
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses 
    9.4    Opportunities
    9.5    Threats
10 GCC Tuna Industry: Value Chain Analysis
    10.1   Overview
    10.2   Research and Development
    10.3   Raw Material Suppliers
    10.4   Inbound Logistics
    10.5   Production
    10.6   Marketing 
    10.7   Outbound Logistics
    10.8   Consumers 
11 GCC Tuna Industry: Porter’s Five Forces Analysis
    11.1   Overview
    11.2   Threat of New Entrants
    11.3   Threat of Substitutes
    11.4   Bargaining Power of Buyers
    11.5   Bargaining Power of Suppliers
    11.6   Intensity of Rivalry
12 Competitive Landscape
    12.1   Market Structure
    12.2   Key Players 
    12.3   Key Success Factors 
13 Key Player Profiles

List of Figures

Figure 1: Global: Tuna Market: Sales Value (in Billion US$), 2017-2022
Figure 2: Global: Tuna Market: Segmentation by Region (in %), 2022
Figure 3: Global: Tuna Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 4: GCC: Tuna Market: Sales Value (in Billion US$), 2017-2022
Figure 5: GCC: Tuna Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 6: GCC: Tuna Market: Segmentation by Country (in %), 2022
Figure 7: GCC: Tuna Market: Segmentation by species (in %), 2022
Figure 8: GCC: Tuna Market: Segmentation by Type (in %), 2022
Figure 9: Saudi Arabia: Tuna Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Saudi Arabia: Tuna Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 11: United Arab Emirates: Tuna Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: United Arab Emirates: Tuna Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 13: Qatar: Tuna Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Qatar: Tuna Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 15: Kuwait: Tuna Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Kuwait: Tuna Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 17: Oman: Tuna Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Oman: Tuna Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 19: Bahrain: Tuna Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Bahrain: Tuna Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 21: GCC: Tuna (Skipjack) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: GCC: Tuna (Skipjack) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 23: GCC: Tuna (Yellowfin) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: GCC: Tuna (Yellowfin) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 25: GCC: Tuna (Albacore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: GCC: Tuna (Albacore) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 27: GCC: Tuna (Bigeye) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: GCC: Tuna (Bigeye) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 29: GCC: Tuna (Bluefin) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: GCC: Tuna (Bluefin) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 31: GCC: Tuna (Canned) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: GCC: Tuna (Canned) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 33: GCC: Tuna (Frozen) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: GCC: Tuna (Frozen) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 35: GCC: Tuna (Fresh) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: GCC: Tuna (Fresh) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 37: GCC: Tuna Industry: Market Dynamics
Figure 38: GCC: Tuna Industry: Value Chain Analysis
Figure 39: GCC: Tuna Market: Porter’s Five Forces Analysis

List of Tables

Table 1: GCC: Tuna Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Tuna Market Outlook: Segmentation by Country (in Million US$), 2023-2028
Table 3: GCC: Tuna Market Outlook: Segmentation by Species (in Million US$), 2023-2028
Table 4: GCC: Tuna Market Outlook: Segmentation by Type (in Million US$), 2023-2028
Table 5: GCC: Tuna Market Structure
Table 6: GCC: Tuna Market: Key Players

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