Top Companies in Tuna Fish Market | Leading Players in Industry Size, Share, Market cap | Vantage Market Research

Tuna is an important part of the marine ecosystem and one of the most economically valuable species.

Top Companies in Tuna Fish Market | Leading Players in Industry Size, Share, Market cap | Vantage Market Research
tuna fish market

Upcoming Trends in Tuna Fish Market

The Global Tuna Fish Market is valued at USD 39.8 Billion in the year 2021 and is projected to reach a value of USD 46.4 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 2.6% over the forecast period. Over the last two decades (1981–2001), Tuna Fish has become one of the most commercially important fish species, a source of foreign exchange earnings for many developing countries. Initially, larger fishing nations dominated the industry, but with the introduction of the 200-mile (roughly 320-km) exclusive economic zone, an increasing number of developing countries now take advantage of their tuna resources. Important fisheries exist throughout tropical and temperate areas of the world’s oceans. Although tuna constitutes less than 3% of the world's fish production, it is one of the most valuable fisheries. The southwest Pacific is the main Tuna fishing area and accounts for one-third of total catches. The eastern Central Pacific was overfished in the early 1980s, leading to a drop in production in 1984.

Some of the key players operating in Tuna Fish Market are listed below:

Company Name

Revenue in USD

  • Omega Protein Corporation

$390 Million

  • FMC Corporation

$4 Billion

  • Copeinca AS

$214 Million

  • Corpesca SA

$309 Million

  • Colpex International

$5 Million

  • TripleNine Group A/S

$5 Million

  • FF Skagen A/S

$63 Million

  • Pesquera Diamante S.A.

$494 Million

  • Marvesa Holding N.V.

$6 Million

  • Pesquera Exalmar

$7 Million

 

  1. Omega Protein Corporation

Omega Protein Corporation was a publicly traded US company, founded in 1913 as a fishing operation. As of 2021 it still operated a fishing fleet and produced food ingredients, dietary supplements, and animal feed. Their products included fish oil, fish meal, and proteins. The company is a privately held organization consisting of 1500 employees.

  1. FMC Corporation

FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania, which originated as an insecticide producer in 1883 and later diversified into other industries. The company is listed as FMC (NYSE) on the New York Stock Exchange. In 2017, the company had 6,700 employees working. In 2021, the company generated revenue of USD 1.19 Billion.

  1. Copeinca AS

The company is the leading fishing company in Peru, dedicated to the extraction, processing, and production of fishmeal and fish oil. They are committed to sustainable development, ensuring responsible fishing of the resource and carrying out projects of social and environmental responsibility, contributing to the growth of the country and generating value for all stakeholders. The company’s products enjoy the best quality using anchovy as raw material, a rich source of protein, and omega 3 polyunsaturated fatty acids such as EPA and DHA.

  1. Corpesca SA

The company is a privately held organization and is responsible for ensuring efficient management of the capture systems for the supply of the processing plants together with the processing management with high-quality standards of each of the plants. This involves the fleet and plant areas with the control and management of production and storage of finished products for their commercialization and dispatches to world markets, under Operational Excellence standards. In each base (cities) the company has maintained responsibilities that have increased in complexity regarding the staffing and scope of the operations, being responsible for managing the staffing (own workers and contractors), permanent relationship with unions, purchase and supply artisan for the Plants of the three Regions.

  1. Colpex International

The company is a privately held organization specialized in the fish oil industry. The company offers one of the leading Peruvian crude fish oil exporters, as well as a producer of semi-refined, fully refined, and concentrated fish oils with a high level of Omega-3 fatty acids. They supply fully refined and concentrated fish oils for dietary supplements and the food industry, as well as refined fish oils for the production of pet food and balanced animal feed. COLPEX has two facilities in the ports of Supe and Chimbote. These strategic locations along the Peruvian coast ensure direct access and the best selection of raw materials.

  1. TripleNine Group A/S

The company is present globally. TripleNine has production facilities in Denmark, Norway, and Chile. The products are sold worldwide and a team of 200+ professionals contributes to the constant development of high-quality products. The company was founded in 1948.

  1. FF Skagen A/S

FF Skagen A/S is one of the largest producers of fishmeal and fish oil in the world, exporting to over 60 countries worldwide. We are certified for quality, environment, energy, sustainability, and feed safety and the company has over 50 years of experience in the processing of feed supplements for the breeding of animals and fish. FF Skagen A/S is owned by the” FF Skagen Foundation”, mainly owned by fishermen and the fishing industry. The group’s factories are located at the ports of Skagen and Hanstholm with the sea as its nearest neighbor. The company has 130 employees that transform approx. 500K tons of fresh fish into 170K tons of fishmeal and fish oil annually.

  1. Pesquera Diamante S.A.

Pesquera Diamante S.A. is a Latin American company located in Peru. The company is a privately held organization that manufactures fish oil and other products. The company was founded in 1987.

  1. Marvesa Holding N.V.

Marvesa is a client-driven trading and distribution organization founded in 2000 in the markets of pharma, nutrition, feed, and food with fish- and vegetable oils solutions. Marvesa is dedicated to its distribution and producers’ network. Marvesa prides itself on being able to tailor products to meet both market and individual customer requirements. The company’s culture and expertise are conducive to building long-term relationships and helping clients develop their competitive advantage in chosen markets.

  1. Pesquera Exalmar

Pesquera Exalmar S.A.A. is a leading company in the fishing sector. With 29 years of experience, it participates in the capture, processing, and marketing of quality marine products with high protein value. Currently, it has a 17% share in the industry, which positions it as the third company in fishmeal and fish oil processing, in a country that has established itself as the leading producer and exporter of these products worldwide.

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