Crustacean Market size was valued at US$ 27.16 Bn. in 2022 and the total Crustacean revenue is expected to grow by 5.5% from 2023 to 2029, reaching nearly US$ 39.50 Bn.
Crustacean Market Overview
The report includes Crustacean market overview, definition, and structure, as well as preventative and pre-planned management. It aids in determining the future potential of the Crustacean Market in the forecast years. The report presents a market overview through common subjects that are highlighted with unique data based on the need, which aids in making decisions about how to approach the Crustacean industry.
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Crustacean Market Report Scope and Research Methodology
The report provides a comprehensive Analysis of the global Crustacean market, including revenue growth forecasts at global, regional, and country levels. It also provides a detailed analysis of the latest trends in each of the segments of the Crustacean market. The report offers a qualitative and quantitative analysis with a comprehensive review of the key Crustacean market drivers, restraints, opportunities, and challenges. The report consists of an analysis of the value chain, PESTLE analysis, Porter’s Five Forces model, competitive landscape, key players benchmarking, market dynamics, market forecasts in terms of value, and future trends in the Crustacean market. SWOT analysis was used to identify the strengths and weaknesses of the key Crustacean competitors in the industry.
Crustacean Market Regional Insights
Geographically, the report is segmented into several key countries with detailed analysis including market size, growth rate, import and export, which covers North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Crustacean Market Segmentation
by Type
Crab
Prawn
Lobsters
According to Type, during the projected period, the crab sector is anticipated to increase at a CAGR of 4.3%. The crab industry appears to be rebounding from a terrible year in 2022. Trade figures indicate growth in nearly all markets. Prices are rising in tandem with a high and growing demand. Prices may rise further as a result of supply constraints brought on by rising demand. Comparing the first quarter of 2022 to the same period in 2022, global imports rose by 7.3%. China saw a 59.5% increase in imports, but the US saw an 11.2% increase in imports. Conversely, imports from Korea fell by 15.8%.
by Application
Store-Based
Non-Store Based
by End-User
Residential
Restaurants
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Crustacean Key Players
1. Ichiboshi
2. International Fish Farming
3. RDM Aquaculture
4. Seaview Crab Company
5. Surapon Foods
6. The Crab Company
7. Findus Group
8. Mogster Group
9. Nireus Aquaculture
10. Russian Aquaculture
11. Selonda Aquaculture
12. Beijing Princess Seafood
13. Dong Won Fisheries
14. Faroe Seafood
15. Big Prawn
Key Questions answered in the Crustacean Market Report are:
- What is the expected CAGR of the Crustacean market during the forecast period?
- Which segment held the largest share in the Crustacean market?
- Which are the key factors driving the Crustacean market growth?
- What are the global trends in the Crustacean market?
- Which region holds the maximum share in the Crustacean market?
- What is the expected CAGR of the Crustacean market during the forecast period?
- Who are the prominent players in the Crustacean market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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