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