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The global tuna market is being driven by factors such as increasing demand for processed/ready to cook tuna, rising disposable incomes and increasing per capita consumption. According to the latest report, titled "Tuna Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global tuna market size reached a value of US$ 39.3 Billion in 2020.
Tuna is a part of the mackerel fish family, and a very important part of the global fishing scenario. Tuna is enjoyed worldwide fresh-cooked, frozen, canned and as sushi. Almost 60% of the total tuna comes from the West and Central Pacific Ocean (WPCO). Since the all tuna catch from this region is under the custody of the Pacific Island Countries (PICs), these countries use their tuna resources as a source of developing their economies. A reason for this is that many of these countries only have their tuna population to call a resource for economic development. It is a widely bought item by end customers, restaurants and canning industries as well.