Global Dry-packed Scallops Market 2018-2022

Global Dry-packed Scallops Market 2018-2022

About Dry-Packed Scallops

Dry-packed scallops are shucked, packed, and shipped on ice without using any chemical additive.

Technavio’s analysts forecast the global dry-packed scallops market to grow at a CAGR of 4.07% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global dry-packed scallops market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Dry-Packed Scallops Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Blue Harvest Fleet & Marine Services
• HKJEBN
• PanaPesca USA
• SAM RUST SEAFOOD
• Seacore Seafood

Market driver

• Increase in scallop cultivation
• For a full, detailed list, view our report

Market challenge

• High price of scallops
• For a full, detailed list, view our report

Market trend

• Growing online sales
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Global Dry-Packed Scallops Market 2018-2022

Technavio recognizes the following companies as the key players in the global dry-packed scallops market: Blue Harvest Fleet & Marine Services, HKJEBN, PanaPesca USA, SAM RUST SEAFOOD, and Seacore Seafood.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing online sales. The online sales of seafood are increasing, which include that of scallops as well. It has been observed that the online sales of seafood are high during holiday seasons. Realizing this trend, manufacturers have started focusing on increasing their sales during such seasons. They offer a price reduction for various products to increase the sales.”

According to the report, one driver in the market is increase in scallop cultivation. Owing to the rising demand for seafood, the seafood cultivation is increasing. There has also been a rise in shellfish cultivation, which includes bivalve, mollusks, cockles, clams, mussels, oysters, pipis, and scallops, intended for human consumption. Regulatory authorities permit producing, storing, or processing of shellfish commercially, which include cultivating, harvesting or collecting shellfish, depuration and wet storing of shellfish, and cultivating spat, i.e., juvenile bivalve mollusks to be grown on.

Further, the report states that one challenge in the market is high price of scallops. The high price of scallops, owing primarily to the complex supply chain, is a challenging factor for the growth of the global dry-packed scallops market. There is a high cost associated with each stage of the commercial production of scallops, starting from fishing, shucking, packaging, storage, and transportation. To cover the cost, sellers need to maintain high prices for dry-packed scallops.

Companies Mentioned

Blue Harvest Fleet & Marine Services, HKJEBN, PanaPesca USA, SAM RUST SEAFOOD, and Seacore Seafood.