Canned tuna giant Thai Union anchors growth hopes in pet food

M&A deals expected to propel 80% surge in group sales by 2030

20250204N Cat food 1

Thai Union makes pet food using scraps from its tuna canning operations. (Photo by Kenya Akama)

KENYA AKAMA

BANGKOK -- Thai Union Group, the world's top seller of canned tuna, is targeting its pet food business as the driver of the next stage of growth, looking to boost its consolidated sales by about 80% to $7 billion in 2030 through mergers and acquisitions.

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