Global Bluefin Tuna Market Size Expected to Reach $2909 Million by 2029, Growing at a CAGR of 1.64%, Cover Regional Analysis

Bluefin tuna, also known as northern bluefin tuna, is the largest species of tuna. Its body is short and sturdy, conical in shape, and its tail fins are crossed; The color from the bottom to the sides of the body is bright, while the upper part of the body is dark blue, the fins are dark, the small fins are slightly yellow, and the raised crest on the caudal peduncle is black.
Bluefin tuna is mainly distributed in temperate and tropical waters of the Atlantic, Pacific, and Indian Oceans, including the East China Sea. It is a temperate oceanic upper middle layer fish with highly migratory characteristics, likes to cluster, and swims quickly. It feeds on fish, cephalopods, and crustaceans.
Overview of Market Development
In recent years, with the popularization of healthy eating, consumers have paid more attention to the health attributes of tuna products, which has promoted the development of the industry. According to our research data, the estimated revenue of the global bluefin tuna market in 2024 is $2682 million, an increase of 8.10% compared to 2023.
In the next few years, it is expected that the global bluefin tuna market will experience some volatility, but the long-term prospects are still optimistic. By 2029, the global bluefin tuna market revenue may slowly increase to $2909 million. The CAGR for 2024-2029 is estimated to be 1.64%.
Segmented Market Analysis
From the perspective of product types, bluefin tuna can be classified into frozen bluefin tuna and fresh bluefin tuna according to their types. Among them, frozen bluefin tuna dominates the market, with an expected market share of 91.13% in 2024.
From the perspective of sales channels, bluefin tuna is mainly sold through aquatic products markets & catering procurements, hypermarkets & supermarkets, and online markets. Among them, the aquatic products market & catering procurement sub channel accounts for the highest share, with an estimated 54.02% in 2024.
Global Bluefin Tuna Market Revenue Forecast and Market Segment Analysis 

Global Bluefin Tuna Market Revenue Forecast and Market Segment Analysis
Source: www.globalmarketmonitor.com
Market Analysis of Major Regions
From a regional perspective, the Asia Pacific region is the global largest consumer market for bluefin tuna. Data shows that the estimated consumption of bluefin tuna in the Asia Pacific region in 2024 is 63036 tons, accounting for 81.61% of the global total consumption; The European and North American markets are expected to rank second and third with a share of 9.44% and 7.48%, respectively.
Global Bluefin Tuna Consumption and Proportion by Region Forecast in 2024

Regions

Consumption (Tons)

Proportion

North America

5779

7.48%

Europe

7294

9.44%

Asia Pacific

63036

81.61%

South America

712

0.92%

Middle East & Africa

421

0.55%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "2023 Global Bluefin tuna Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

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