Why Americans Fell Out Of Love With Canned Tuna

  Рет қаралды 983,959

CNBC

CNBC

Күн бұрын

While traditionally, canned tuna was known to be a staple in American homes, consumption rates have fallen dramatically in the past couple of decades. Since 2000, per capita tuna consumption dropped 45.7%. That’s largely due to shifts in consumer preferences, but also a larger awareness around the industry’s steep market consolidation, issues around sustainability and transparency, and a major price-fixing scandal that lasted for years. In 2015 and 2019, Bumble Bee and StarKist were fined $25 million and $100 million respectively by the Department of Justice. Still, in 2020, the U.S. imported about 637.9 million pounds of tuna, 71% of that canned, the most of any country in the world. The industry is dominated by a few multinational conglomerates, the largest being Thai Union Group, also the owner of Chicken of the Sea. In 2020, the industry saw a significant rise in canned tuna demand, fueled by the Covid-19 pandemic as Americans turned to this affordable, protein-rich food. However, that rise has since gone back down.
Chapters:
00:00 - Introduction
02:00 - Tuna industry
04:39 - Thai Union Group
07:05 - Controversy
09:07 - Tuna’s challenge
Produced by: Darren Geeter
Animation: Christina Locopo,
Senior Managing Producer: Tala Hadavi
Camera by: Victor Febres, Michael White
Additional Sources: Law360, World Wildlife Fund, National Oceanic and Atmospheric Administration, Food and Agriculture Organization of the United Nations, U.S. Department of Labor, “The Industrialization of Fisheries,” George Kent, 1986, The Brookings Institution
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
#CNBC
Why Americans Fell Out Of Love With Canned Tuna

Пікірлер: 2 500
Has The U.S. Fallen Out Of Love With Instant Coffee?
11:52
Black Magic 🪄 by Petkit Pura Max #cat #cats
00:38
Sonyakisa8 TT
Рет қаралды 40 МЛН
Super gymnastics 😍🫣
00:15
Lexa_Merin
Рет қаралды 65 МЛН
MIT Has Predicted that Society Will Collapse in 2040 | Economics Explained
18:47
Economics Explained
Рет қаралды 13 МЛН
Why the Glass Bottle FAILED
19:05
Future Proof
Рет қаралды 989 М.
The Lie That Made Food Conglomerates Rich...And Is Slowly Poisoning Us
13:04
More Perfect Union
Рет қаралды 1,3 МЛН
Why Airlines Won’t Fix Inefficient Boarding
12:53
CNBC
Рет қаралды 1,1 МЛН
Why The French Love American Fast Food
12:22
CNBC
Рет қаралды 1,1 МЛН
Why Rice Markets Are In Crisis Mode
10:26
CNBC
Рет қаралды 1,2 МЛН
Black Magic 🪄 by Petkit Pura Max #cat #cats
00:38
Sonyakisa8 TT
Рет қаралды 40 МЛН