
Global Crustaceans Market Size study & Forecast, by Type (Lobsters, Shrimps, Crabs, Others), by Application (Retail, Institutions, Food Service), by Distribution Channel (Business to Business, Business to Consumer) and Regional Analysis, 2022-2029
Description
Global Crustaceans Market Size study & Forecast, by Type (Lobsters, Shrimps, Crabs, Others), by Application (Retail, Institutions, Food Service), by Distribution Channel (Business to Business, Business to Consumer) and Regional Analysis, 2022-2029
Global Crustaceans Market is valued at approximately USD 16.4 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.50% over the forecast period 2022-2029. Crustaceans are animals that typically have an exoskeleton—a hard exterior—and two pairs of antennae. Many different varieties of crustaceans, such as crabs, lobsters, shrimp (or prawns), and crayfish, are consumed by people all over the world. Other crustaceans include pill bugs, water fleas, and barnacles. These are considered low in saturated fat and high in omega-3 fatty acids. The increasing consumption of seafood and growing demand for crustaceans among consumers as well as rising preference for ready-to-eat food products are key factors driving the market growth.
The increasing consumption of seafood is contributing to the growth of the Global Crustaceans Market. For instance, according to Statista – in 2021, the global seafood market was valued at USD 253 billion, and the market is projected to grow to USD 336 billion by 2025. Moreover, as per Statista – as of 2022, revenue in the global Ready-to-Eat Meals segment is estimated at USD 0.51 trillion, and the market is projected to grow annually by 6.39% (CAGR 2022-2027) to reach USD 0.70 trillion by 2027. Also, rising growth of contract farming and growing popularity of frozen and canned crustaceans would create a lucrative growth prospectus for the market over the forecast period. However, the high cost associated with Crustaceans and supply-demand gap due to high demand stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Crustaceans Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the rising consumption of seafood and growing popularity of ready-to-eat and frozen food products in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising investment in shrimp farming and increasing penetration of leading market players in the region.
Major market players included in this report are:
International Fish Farming and Holding Company
RDM Aquaculture
Seaview Crab Company
Surapon Foods
The Crab Company
Findus Group
Mogster Group
Nireus Aquaculture
Russian Aquaculture
Selonda Aquaculture.
Recent Developments in the Market:
In September 2021, Thai shrimp and ag giant CP Foods entered into a partnership with a Spanish shrimp supplier Noray Seafood. Under this partnership, Noray Seafood would get exclusive European distribution rights for post-larvae raised from CP's Homegrown Shrimp broodstock in Florida.
Global Crustaceans Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Lobsters
Shrimps
Crabs
Others
By Application
Retail
Institutions
Food Service
By Distribution Channel
Business to Business
Business to Consumer
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
International Fish Farming and Holding Company
RDM Aquaculture
Seaview Crab Company
Surapon Foods
The Crab Company
Findus Group
Mogster Group
Nireus Aquaculture
Russian Aquaculture
Selonda Aquaculture.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions
Global Crustaceans Market is valued at approximately USD 16.4 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.50% over the forecast period 2022-2029. Crustaceans are animals that typically have an exoskeleton—a hard exterior—and two pairs of antennae. Many different varieties of crustaceans, such as crabs, lobsters, shrimp (or prawns), and crayfish, are consumed by people all over the world. Other crustaceans include pill bugs, water fleas, and barnacles. These are considered low in saturated fat and high in omega-3 fatty acids. The increasing consumption of seafood and growing demand for crustaceans among consumers as well as rising preference for ready-to-eat food products are key factors driving the market growth.
The increasing consumption of seafood is contributing to the growth of the Global Crustaceans Market. For instance, according to Statista – in 2021, the global seafood market was valued at USD 253 billion, and the market is projected to grow to USD 336 billion by 2025. Moreover, as per Statista – as of 2022, revenue in the global Ready-to-Eat Meals segment is estimated at USD 0.51 trillion, and the market is projected to grow annually by 6.39% (CAGR 2022-2027) to reach USD 0.70 trillion by 2027. Also, rising growth of contract farming and growing popularity of frozen and canned crustaceans would create a lucrative growth prospectus for the market over the forecast period. However, the high cost associated with Crustaceans and supply-demand gap due to high demand stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Crustaceans Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the rising consumption of seafood and growing popularity of ready-to-eat and frozen food products in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising investment in shrimp farming and increasing penetration of leading market players in the region.
Major market players included in this report are:
International Fish Farming and Holding Company
RDM Aquaculture
Seaview Crab Company
Surapon Foods
The Crab Company
Findus Group
Mogster Group
Nireus Aquaculture
Russian Aquaculture
Selonda Aquaculture.
Recent Developments in the Market:
In September 2021, Thai shrimp and ag giant CP Foods entered into a partnership with a Spanish shrimp supplier Noray Seafood. Under this partnership, Noray Seafood would get exclusive European distribution rights for post-larvae raised from CP's Homegrown Shrimp broodstock in Florida.
Global Crustaceans Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Lobsters
Shrimps
Crabs
Others
By Application
Retail
Institutions
Food Service
By Distribution Channel
Business to Business
Business to Consumer
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
International Fish Farming and Holding Company
RDM Aquaculture
Seaview Crab Company
Surapon Foods
The Crab Company
Findus Group
Mogster Group
Nireus Aquaculture
Russian Aquaculture
Selonda Aquaculture.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions
Table of Contents
200 Pages
- Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Crustaceans Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Crustaceans Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Crustaceans Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Crustaceans Market, by Distribution Channel, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
- Chapter 2. Global Crustaceans Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
- Chapter 3. Global Crustaceans Market Dynamics
- 3.1. Crustaceans Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing consumption of seafood
- 3.1.1.2. Growing demand for crustaceans among consumers
- 3.1.1.3. Rising preference for ready-to-eat food products
- 3.1.2. Market Challenges
- 3.1.2.1. High cost associated with Crustaceans
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising growth of contract farming
- 3.1.3.2. Growing popularity of frozen and canned crustaceans
- Chapter 4. Global Crustaceans Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
- Chapter 6. Global Crustaceans Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Crustaceans Market by Type, Performance - Potential Analysis
- 6.3. Global Crustaceans Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Crustaceans Market, Sub Segment Analysis
- 6.4.1. Lobsters
- 6.4.2. Shrimps
- 6.4.3. Crabs
- 6.4.4. Others
- Chapter 7. Global Crustaceans Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Crustaceans Market by Application, Performance - Potential Analysis
- 7.3. Global Crustaceans Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Crustaceans Market, Sub Segment Analysis
- 7.4.1. Retail
- 7.4.2. Institutions
- 7.4.3. Food Service
- Chapter 8. Global Crustaceans Market, by Distribution Channel
- 8.1. Market Snapshot
- 8.2. Global Crustaceans Market by Distribution Channel, Performance - Potential Analysis
- 8.3. Global Crustaceans Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
- 8.4. Crustaceans Market, Sub Segment Analysis
- 8.4.1. Business to Business
- 8.4.2. Business to Consumer
- Chapter 9. Global Crustaceans Market, Regional Analysis
- 9.1. Crustaceans Market, Regional Market Snapshot
- 9.2. North America Crustaceans Market
- 9.2.1. U.S. Crustaceans Market
- 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Crustaceans Market
- 9.3. Europe Crustaceans Market Snapshot
- 9.3.1. U.K. Crustaceans Market
- 9.3.2. Germany Crustaceans Market
- 9.3.3. France Crustaceans Market
- 9.3.4. Spain Crustaceans Market
- 9.3.5. Italy Crustaceans Market
- 9.3.6. Rest of Europe Crustaceans Market
- 9.4. Asia-Pacific Crustaceans Market Snapshot
- 9.4.1. China Crustaceans Market
- 9.4.2. India Crustaceans Market
- 9.4.3. Japan Crustaceans Market
- 9.4.4. Australia Crustaceans Market
- 9.4.5. South Korea Crustaceans Market
- 9.4.6. Rest of Asia Pacific Crustaceans Market
- 9.5. Latin America Crustaceans Market Snapshot
- 9.5.1. Brazil Crustaceans Market
- 9.5.2. Mexico Crustaceans Market
- 9.5.3. Rest of Latin America Crustaceans Market
- 9.6. Rest of The World Crustaceans Market
- Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. International Fish Farming and Holding Company
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. RDM Aquaculture
- 10.2.3. Seaview Crab Company
- 10.2.4. Surapon Foods
- 10.2.5. The Crab Company
- 10.2.6. Findus Group
- 10.2.7. Mogster Group
- 10.2.8. Nireus Aquaculture
- 10.2.9. Russian Aquaculture
- 10.2.10. Selonda Aquaculture.
- Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
- List of Tables
- TABLE 1. Global Crustaceans Market, report scope
- TABLE 2. Global Crustaceans Market estimates & forecasts by Region 2019-2029 (USD Billion)
- TABLE 3. Global Crustaceans Market estimates & forecasts by Type 2019-2029 (USD Billion)
- TABLE 4. Global Crustaceans Market estimates & forecasts by Application 2019-2029 (USD Billion)
- TABLE 5. Global Crustaceans Market estimates & forecasts by Distribution Channel 2019-2029 (USD Billion)
- TABLE 6. Global Crustaceans Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 7. Global Crustaceans Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global Crustaceans Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global Crustaceans Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global Crustaceans Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global Crustaceans Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global Crustaceans Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global Crustaceans Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 14. Global Crustaceans Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 15. Global Crustaceans Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 16. U.S. Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 17. U.S. Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 18. U.S. Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 19. Canada Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 20. Canada Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 21. Canada Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 22. UK Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 23. UK Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 24. UK Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 25. Germany Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 26. Germany Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 27. Germany Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 28. France Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 29. France Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 30. France Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 31. Italy Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 32. Italy Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 33. Italy Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 34. Spain Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 35. Spain Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 36. Spain Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 37. RoE Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 38. RoE Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 39. RoE Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 40. China Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 41. China Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 42. China Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 43. India Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 44. India Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 45. India Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 46. Japan Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 47. Japan Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 48. Japan Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 49. South Korea Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 50. South Korea Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 51. South Korea Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 52. Australia Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 53. Australia Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 54. Australia Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 55. RoAPAC Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 56. RoAPAC Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 57. RoAPAC Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 58. Brazil Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 59. Brazil Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 60. Brazil Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 61. Mexico Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 62. Mexico Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 63. Mexico Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 64. RoLA Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 65. RoLA Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 66. RoLA Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 67. Row Crustaceans Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 68. Row Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 69. Row Crustaceans Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 70. List of secondary sources, used in the study of global Crustaceans Market
- TABLE 71. List of primary sources, used in the study of global Crustaceans Market
- TABLE 72. Years considered for the study
- TABLE 73. Exchange rates considered
- List of tables and figures and dummy in nature, final lists may vary in the final deliverable
- List of Figures
- FIGURE 1. Global Crustaceans Market, research methodology
- FIGURE 2. Global Crustaceans Market, Market estimation techniques
- FIGURE 3. Global Market size estimates & forecast methods
- FIGURE 4. Global Crustaceans Market, key trends 2021
- FIGURE 5. Global Crustaceans Market, growth prospects 2022-2029
- FIGURE 6. Global Crustaceans Market, porters 5 force model
- FIGURE 7. Global Crustaceans Market, pest analysis
- FIGURE 8. Global Crustaceans Market, value chain analysis
- FIGURE 9. Global Crustaceans Market by segment, 2019 & 2029 (USD Billion)
- FIGURE 10. Global Crustaceans Market by segment, 2019 & 2029 (USD Billion)
- FIGURE 11. Global Crustaceans Market by segment, 2019 & 2029 (USD Billion)
- FIGURE 12. Global Crustaceans Market by segment, 2019 & 2029 (USD Billion)
- FIGURE 13. Global Crustaceans Market by segment, 2019 & 2029 (USD Billion)
- FIGURE 14. Global Crustaceans Market, regional snapshot 2019 & 2029
- FIGURE 15. North America Crustaceans Market 2019 & 2029 (USD Billion)
- FIGURE 16. Europe Crustaceans Market 2019 & 2029 (USD Billion)
- FIGURE 17. Asia Pacific Crustaceans Market 2019 & 2029 (USD Billion)
- FIGURE 18. Latin America Crustaceans Market 2019 & 2029 (USD Billion)
- FIGURE 19. Global Crustaceans Market, company Market share analysis (2021)
- List of tables and figures and dummy in nature, final lists may vary in the final deliverable
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