Market Overview:
The global canned octopus market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for seafood, increasing disposable income, and growing awareness about the health benefits of consuming seafood. In terms of type, the fresh segment is expected to dominate the global canned octopus market during the forecast period. This can be attributed to rising demand for fresh seafood among consumers in developed countries. In terms of application, supermarkets and hypermarkets are expected to account for a major share of the global canned octopus market during the forecast period.
Product Definition:
Canned octopus is a food product made from octopuses that have been cooked and canned. Canned octopus is usually used as an ingredient in dishes such as pasta or risotto.
Fresh:
The global canned octopus market size was valued at USD 4.5 billion in 2016 and is expected to witness a growth of 5.9% CAGR over the forecast period. Octopus has been considered as a healthy food, which contains high amount of protein and low fat content than other seafood products such as fish, shrimp, & calamari; this factor is anticipated to drive the demand for canned octopus globally during the forecast period.
Frozen:
Canned octopus is a seafood dish which has been widely consumed in Europe and North America. The demand for the product is increasing owing to its rich taste, texture, and health benefits. Octopus has high nutritional value such as it contains vitamins (A & B6), omega-3 fatty acids, selenium, iron protein; it also helps to reduce blood pressure levels.
Application Insights:
The canned octopus application in supermarkets and hypermarkets held the largest share of over 70.0% in 2017. The segment is expected to witness significant growth owing to increasing consumer awareness regarding health benefits associated with fresh seafood and canned food products. Moreover, rising demand for convenience foods will also play a key role in driving the market over the forecast period.
Octopus has been proven to be an excellent source of vitamin D which helps strengthen immunity and improve bone density, thereby boosting its consumption by people who engage regularly in sports or workout frequently. This factor is anticipated to fuel demand from fitness centers, health clubs as well as from casual consumers across various regions during the next few years.
Regional Analysis:
Asia Pacific dominated the global canned octopus market in 2017. The region is expected to witness a significant CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing awareness regarding seafood among consumers, especially in developing countries such as China and India. Furthermore, rising disposable income levels are anticipated to boost the demand for high-quality seafood products including octopus over the forecast period.
The European regional market captured a revenue share of more than 25% in 2017 owing Octopus Ink’s expansion into Western Europe through online retailers such as Amazon and Fish Direct (Belgium). North America also accounted for a significant revenue share due its proximity with Italy where Octopod ink is produced by Guglielmo Marconi University (IMU) di Bologna plays an important role in spreading awareness about sustainability and marine conservation among people across U.S.
Growth Factors:
- Increasing demand for octopus as a delicacy in developed countries.
- Rising disposable income of the middle-class population in developing countries.
- Proliferation of supermarkets and modern retail formats that are increasing the shelf space for canned octopus products.
- Growing popularity of seafood dishes among health-conscious consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Canned Octopus Market Research Report
By Type
Fresh, Frozen
By Application
Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Others
By Companies
Starkist, Bumble Bee Foods, Chicken of the Sea International, Crown Prince, Natural Sea, Roland Foods Corporation, Wild Planet, Tri Marine International, High Liner Foods, Mazzetta Company, CamilAilmentos, GuangDong GanZhu Canned Foods, Gomes da Costa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Canned Octopus Market Report Segments:
The global Canned Octopus market is segmented on the basis of:
Types
Fresh, Frozen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Starkist
- Bumble Bee Foods
- Chicken of the Sea International
- Crown Prince
- Natural Sea
- Roland Foods Corporation
- Wild Planet
- Tri Marine International
- High Liner Foods
- Mazzetta Company
- CamilAilmentos
- GuangDong GanZhu Canned Foods
- Gomes da Costa
Highlights of The Canned Octopus Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fresh
- Frozen
- By Application:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retailers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Canned Octopus Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Canned octopus is a type of seafood that is typically preserved in oil or water. It is usually served as an appetizer or main course.
Some of the major players in the canned octopus market are Starkist, Bumble Bee Foods, Chicken of the Sea International, Crown Prince, Natural Sea, Roland Foods Corporation, Wild Planet, Tri Marine International, High Liner Foods, Mazzetta Company, CamilAilmentos, GuangDong GanZhu Canned Foods, Gomes da Costa.
The canned octopus market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Canned Octopus Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Canned Octopus Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Canned Octopus Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Canned Octopus Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Canned Octopus Market Size & Forecast, 2018-2028
4.5.1 Canned Octopus Market Size and Y-o-Y Growth
4.5.2 Canned Octopus Market Absolute $ Opportunity
Chapter 5 Global Canned Octopus Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Canned Octopus Market Size Forecast by Type
5.2.1 Fresh
5.2.2 Frozen
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Canned Octopus Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Canned Octopus Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Convenience Stores
6.2.3 Online Retailers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Canned Octopus Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Canned Octopus Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Canned Octopus Analysis and Forecast
9.1 Introduction
9.2 North America Canned Octopus Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Canned Octopus Market Size Forecast by Type
9.6.1 Fresh
9.6.2 Frozen
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Canned Octopus Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Convenience Stores
9.10.3 Online Retailers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Canned Octopus Analysis and Forecast
10.1 Introduction
10.2 Europe Canned Octopus Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Canned Octopus Market Size Forecast by Type
10.6.1 Fresh
10.6.2 Frozen
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Canned Octopus Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Convenience Stores
10.10.3 Online Retailers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Canned Octopus Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Canned Octopus Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Canned Octopus Market Size Forecast by Type
11.6.1 Fresh
11.6.2 Frozen
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Canned Octopus Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Convenience Stores
11.10.3 Online Retailers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Canned Octopus Analysis and Forecast
12.1 Introduction
12.2 Latin America Canned Octopus Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Canned Octopus Market Size Forecast by Type
12.6.1 Fresh
12.6.2 Frozen
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Canned Octopus Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Convenience Stores
12.10.3 Online Retailers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Canned Octopus Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Canned Octopus Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Canned Octopus Market Size Forecast by Type
13.6.1 Fresh
13.6.2 Frozen
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Canned Octopus Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Convenience Stores
13.10.3 Online Retailers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Canned Octopus Market: Competitive Dashboard
14.2 Global Canned Octopus Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Starkist
14.3.2 Bumble Bee Foods
14.3.3 Chicken of the Sea International
14.3.4 Crown Prince
14.3.5 Natural Sea
14.3.6 Roland Foods Corporation
14.3.7 Wild Planet
14.3.8 Tri Marine International
14.3.9 High Liner Foods
14.3.10 Mazzetta Company
14.3.11 CamilAilmentos
14.3.12 GuangDong GanZhu Canned Foods
14.3.13 Gomes da Costa
