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Crustacean Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 - 2032

Published Oct 20, 2025
Length 333 Pages
SKU # PERR20495341

Description

Persistence Market Research has recently published an in-depth analysis of the global crustacean market, offering a detailed evaluation of key market dynamics, including drivers, trends, opportunities, and challenges. The report provides exclusive data and statistical insights that highlight the expected growth trajectory of the crustacean market from 2025 to 2032.

Key Insights:
  • Crustacean Market Size (2025E):US$ 19 Bn
  • Projected Market Value (2032F): US$ 57.3 Bn
  • Global Market Growth Rate (CAGR 2025 to 2032): 17.1%
Crustacean Market - Report Scope

Crustaceans, including shrimp, crabs, lobsters, and prawns, are highly valued seafood products consumed worldwide for their rich flavor and nutritional benefits. The market caters to both fresh and processed seafood industries, serving restaurants, households, and food manufacturers. The rising demand for high-protein and low-fat seafood options has propelled the growth of the crustacean market. Additionally, increasing aquaculture production and advancements in sustainable fishing practices are supporting market expansion. Growing consumer awareness regarding the health benefits of seafood, along with the rising popularity of exotic seafood dishes, continues to drive demand across global markets.

Market Growth Drivers

The global crustacean market is fueled by several key factors, including the increasing demand for protein-rich seafood and the rising popularity of Asian cuisines, where crustaceans are staple ingredients. Expanding global aquaculture practices, particularly in countries such as China, Vietnam, and India, are contributing to a steady supply of crustaceans to meet growing consumer demand. Furthermore, advancements in cold chain logistics and seafood processing technologies have improved the distribution and shelf life of crustacean products, enabling wider market reach. Sustainable fishing practices and aquaculture innovations, including organic and eco-certified seafood farming, are also gaining traction, further boosting market growth.

Market Restraints

Despite strong growth prospects, the crustacean market faces challenges such as stringent regulations on fishing and aquaculture practices, environmental concerns related to overfishing, and disease outbreaks in farmed crustaceans. The fluctuating prices of raw materials, coupled with rising operational costs for aquaculture farms, can impact market profitability. Additionally, concerns about antibiotic use in shrimp and other farmed crustaceans have led to stricter regulatory scrutiny, potentially limiting market expansion in certain regions. Addressing these challenges requires increased investments in sustainable aquaculture technologies, regulatory compliance, and responsible sourcing practices.

Market Opportunities

The crustacean market presents significant growth opportunities driven by technological advancements in aquaculture, rising demand for ready-to-eat seafood, and expanding distribution channels. The increasing adoption of sustainable and organic seafood farming practices provides new avenues for growth, with eco-conscious consumers seeking ethically sourced seafood options. Additionally, innovations in seafood processing, including frozen and value-added crustacean products, are enhancing market accessibility and convenience. The rapid expansion of e-commerce and online grocery platforms further supports market penetration, providing consumers with easy access to fresh and frozen crustaceans worldwide.

Key Questions Answered in the Report:
  • What are the primary factors driving the growth of the crustacean market globally?
  • How is aquaculture contributing to the expansion of the crustacean market?
  • What are the emerging trends in sustainable seafood farming and processing?
  • Who are the key players in the market, and what strategies are they employing to maintain their competitive edge?
  • What are the future growth opportunities and investment prospects in the global crustacean market?
Competitive Intelligence and Business Strategy

Leading players in the global crustacean market, including Thai Union Group, Maruha Nichiro Corporation, and Nippon Suisan Kaisha, focus on strategic partnerships, product innovation, and sustainability initiatives to strengthen their market position. These companies are investing in advanced aquaculture practices, including antibiotic-free and eco-friendly farming methods, to meet consumer demand for sustainable seafood. Collaborations with retail chains, restaurants, and e-commerce platforms are helping major players expand their distribution networks. Additionally, increased investments in cold storage and logistics infrastructure are enabling better seafood quality and shelf-life management, ensuring market competitiveness.

Key Companies Profiled:
  • Nippon Suisan Kaisha, Ltd.
  • High Liner Foods Inc.
  • Royal Greenland A/S
  • The Clover Leaf Seafoods Family
  • Ocean America Food SA
  • SeaPak Shrimp & Seafood Company
  • DNI Group LLC
  • Surapon Foods Public Company Limited
  • Siam Canadian Group Limited
  • Sirena A/S
  • Trident Seafoods Corporation
  • International fishing farming holding company PJSC-Asmak
  • Morubel Maruha Nichiro Corporation
  • August Seafood
Crustaceans Industry Research by Category

By Type:
  • Lobsters
  • Shrimp
  • Crabs
  • Others
By Origin:
  • Capture
  • Aquaculture
By End Use:
  • Retail
  • Foodservice Industry
  • Commercial
  • Food Industry
  • Pharmaceutical Industry
  • Cosmetic Industry
  • Others
By Distribution Channel:
  • Business to Business
  • Business to Consumer
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Fish Shops
  • Online Retail
  • Others
By Region:
  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa


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Table of Contents

333 Pages
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
5. Global Crustaceans Market Outlook, 2019-2032
5.1. Historical Market Volume (KT) and Value (US$ Bn) Analysis, 2019-2024
5.2. Current and Future Market Volume (KT) and Value (US$ Bn) Projections, 2025-2032
5.3. Y-o-Y Growth Trend Analysis
6. Global Crustaceans Market - Pricing Analysis
6.1. Regional Pricing Analysis By Type
6.2. Pricing Break-up
6.2.1. Manufacturer Level Pricing
6.2.2. Distributor Level Pricing
6.3. Global Average Pricing Analysis Benchmark
7. Market Background
7.1. Macro-Economic Factors
7.1.1. Global GDP Growth Outlook
7.1.2. Global Industry Value Added
7.1.3. Global Urbanization Growth Outlook
7.1.4. Global Food Security Index
7.1.5. Food Consumption Expenditure
7.2. Seafood Industry Outlook
7.2.1. Per Capita Consumption of seafood
7.2.2. Per Capita Consumption of crustaceans
7.3. Production Analysis of Crustaceans
7.3.1. Top Shrimp Producing Countries
7.3.2. Top Crab Producing Countries
7.3.3. Top Lobster Producing Countries
7.4. Trade Analysis of Crustacean
7.4.1. Top Exporting Countries of Crustaceans, by species
7.4.2. Top Importing Countries of Crustaceans, by species
7.5. Global Aquaculture Industry Outlook
7.6. Supply-Chain Analysis
7.7. Key Regulation
7.8. Market Dynamics
7.8.1. Drivers
7.8.2. Restraints
7.8.3. Opportunity Analysis
7.9. Forecast Factors - Relevance & Impact
8. Global Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032, By Type
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Bn) and Volume Analysis By Type, 2019-2024
8.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Type, 2025-2032
8.3.1. Lobster
8.3.2. Shrimp
8.3.3. Crab
8.3.4. Others
8.4. Market Attractiveness Analysis By Type
9. Global Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032, By Origin
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Bn) and Volume Analysis By Origin, 2019-2024
9.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Origin, 2025-2032
9.3.1. Capture
9.3.2. Aquaculture
9.4. Market Attractiveness Analysis By Origin
10. Global Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032, By End-use
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Bn) and Volume Analysis By End-use, 2019-2024
10.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By End-use, 2025-2032
10.3.1. Retail
10.3.2. Foodservice Industry
10.3.3. Commercial
10.3.3.1. Food Industry
10.3.3.2. Pharmaceutical Industry
10.3.3.3. Cosmetic Industry
10.3.3.4. Others
10.4. Market Attractiveness Analysis By End-use
11. Global Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032, By Distribution Channel
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Bn) and Volume Analysis By Distribution Channel , 2019-2024
11.3. Current and Future Market Size (US$ Bn) and Volume Analysis and Forecast By Distribution Channel , 2025-2032
11.3.1. Business to Business
11.3.2. Business to Consumer
11.3.2.1. Hypermarkets/Supermarkets
11.3.2.2. Convenience Stores
11.3.2.3. Fish Shops
11.3.2.4. Online Retail
11.4. Market Attractiveness Analysis By Distribution Channel
12. Global Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032, By Region
12.1. Introduction
12.2. Historical Market Size (US$ Bn) and Volume Analysis By Region, 2019-2024
12.3. Current Market Size (US$ Bn) and Volume Analysis and Forecast By Region, 2025-2032
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. South Asia & Pacific
12.3.5. East Asia
12.3.6. Middle East and Africa (MEA)
12.4. Market Attractiveness Analysis By Region
13. North America Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032
13.1. Introduction
13.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2024
13.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2025-2032
13.3.1. By Country
13.3.1.1. U.S.
13.3.1.2. Canada
13.3.2. By Type
13.3.3. By Origin
13.3.4. By End-use
13.3.5. By Distribution Channel
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Type
13.4.3. By Origin
13.4.4. By End-use
13.4.5. By Distribution Channel
13.5. Drivers and Restraints - Impact Analysis
14. Latin America Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032
14.1. Introduction
14.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2024
14.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2025-2032
14.3.1. By Country
14.3.1.1. Brazil
14.3.1.2. Mexico
14.3.1.3. Argentina
14.3.1.4. Rest of Latin America
14.3.2. By Type
14.3.3. By Origin
14.3.4. By End-use
14.3.5. By Distribution Channel
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Type
14.4.3. By Origin
14.4.4. By End-use
14.4.5. By Distribution Channel
14.5. Drivers and Restraints - Impact Analysis
15. Europe Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032
15.1. Introduction
15.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2024
15.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2025-2032
15.3.1. By Country
15.3.1.1. Germany
15.3.1.2. Italy
15.3.1.3. France
15.3.1.4. U.K.
15.3.1.5. Spain
15.3.1.6. BENELUX
15.3.1.7. Nordic
15.3.1.8. Russia
15.3.1.9. Rest of Europe
15.3.2. By Type
15.3.3. By Origin
15.3.4. By End-use
15.3.5. By Distribution Channel
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Type
15.4.3. By Origin
15.4.4. By End-use
15.4.5. By Distribution Channel
15.5. Drivers and Restraints - Impact Analysis
16. South Asia & Pacific Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032
16.1. Introduction
16.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2024
16.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2025-2032
16.3.1. By Country
16.3.1.1. India
16.3.1.2. Indonesia
16.3.1.3. Thailand
16.3.1.4. Malaysia
16.3.1.5. Australia
16.3.1.6. New Zealand
16.3.1.7. Rest of South Asia & Pacific
16.3.2. By Type
16.3.3. By Origin
16.3.4. By End-use
16.3.5. By Distribution Channel
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Type
16.4.3. By Origin
16.4.4. By End-use
16.4.5. By Distribution Channel
16.5. Drivers and Restraints - Impact Analysis
17. East Asia Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032
17.1. Introduction
17.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2024
17.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2025-2032
17.3.1. By Country
17.3.1.1. China
17.3.1.2. Japan
17.3.1.3. South Korea
17.3.2. By Type
17.3.3. By Origin
17.3.4. By End-use
17.3.5. By Distribution Channel
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Type
17.4.3. By Origin
17.4.4. By End-use
17.4.5. By Distribution Channel
17.5. Drivers and Restraints - Impact Analysis
18. Middle East and Africa Crustaceans Market Analysis 2019-2024 and Forecast 2025-2032
18.1. Introduction
18.2. Historical Market Size (US$ Bn) and Volume Trend Analysis By Market Taxonomy, 2019-2024
18.3. Market Size (US$ Bn) and Volume Forecast By Market Taxonomy, 2025-2032
18.3.1. By Country
18.3.1.1. GCC Countries
18.3.1.2. South Africa
18.3.1.3. Rest of Middle East and Africa
18.3.2. By Type
18.3.3. By Origin
18.3.4. By End-use
18.3.5. By Distribution Channel
18.4. Market Attractiveness Analysis
18.4.1. By Country
18.4.2. By Type
18.4.3. By Origin
18.4.4. By End-use
18.4.5. By Distribution Channel
18.5. Drivers and Restraints - Impact Analysis
19. Country Wise Crustacean Market Analysis, 2024
19.1. Introduction
19.1.1. Market Value Proportion Analysis, By Key Countries
19.1.2. Global Vs. Country Growth Comparison
19.2. U.S. Crustacean Market Analysis
19.2.1. By Type
19.2.2. By Origin
19.2.3. By End-use
19.2.4. By Distribution Channel
19.3. Canada Crustacean Market Analysis
19.3.1. By Type
19.3.2. By Origin
19.3.3. By End-use
19.3.4. By Distribution Channel
19.4. Mexico Crustacean Market Analysis
19.4.1. By Type
19.4.2. By Origin
19.4.3. By End-use
19.4.4. By Distribution Channel
19.5. Brazil Crustacean Market Analysis
19.5.1. By Type
19.5.2. By Origin
19.5.3. By End-use
19.5.4. By Distribution Channel
19.6. Argentina Crustacean Market Analysis
19.6.1. By Type
19.6.2. By Origin
19.6.3. By End-use
19.6.4. By Distribution Channel
19.7. Germany Crustacean Market Analysis
19.7.1. By Type
19.7.2. By Origin
19.7.3. By End-use
19.7.4. By Distribution Channel
19.8. Italy Crustacean Market Analysis
19.8.1. By Type
19.8.2. By Origin
19.8.3. By End-use
19.8.4. By Distribution Channel
19.9. France Crustacean Market Analysis
19.9.1. By Type
19.9.2. By Origin
19.9.3. By End-use
19.9.4. By Distribution Channel
19.10. U.K. Crustacean Market Analysis
19.10.1. By Type
19.10.2. By Origin
19.10.3. By End-use
19.10.4. By Distribution Channel
19.11. Spain Crustacean Market Analysis
19.11.1. By Type
19.11.2. By Origin
19.11.3. By End-use
19.11.4. By Distribution Channel
19.12. Russia Crustacean Market Analysis
19.12.1. By Type
19.12.2. By Origin
19.12.3. By End-use
19.12.4. By Distribution Channel
19.13. Poland Crustacean Market Analysis
19.13.1. By Type
19.13.2. By Origin
19.13.3. By End-use
19.13.4. By Distribution Channel
19.14. China Crustacean Market Analysis
19.14.1. By Type
19.14.2. By Origin
19.14.3. By End-use
19.14.4. By Distribution Channel
19.15. Japan Crustacean Market Analysis
19.15.1. By Type
19.15.2. By Origin
19.15.3. By End-use
19.15.4. By Distribution Channel
19.16. S. Korea Crustacean Market Analysis
19.16.1. By Type
19.16.2. By Origin
19.16.3. By End-use
19.16.4. By Distribution Channel
19.17. India Crustacean Market Analysis
19.17.1. By Type
19.17.2. By Origin
19.17.3. By End-use
19.17.4. By Distribution Channel
19.18. Turkey Crustacean Market Analysis
19.18.1. By Type
19.18.2. By Origin
19.18.3. By End-use
19.18.4. By Distribution Channel
19.19. South Africa Crustacean Market Analysis
19.19.1. By Type
19.19.2. By Origin
19.19.3. By End-use
19.19.4. By Distribution Channel
20. Market Structure Analysis
20.1. Market Analysis By Tier of Companies
20.2. Market Concentration
20.3. Market Presence Analysis
21. Competition Analysis
21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
21.3.1. Nippon Suisan Kaisha, Ltd.
21.3.1.1. Overview
21.3.1.2. Product Portfolio
21.3.1.3. Sales Footprint
21.3.1.4. Strategy Overview
21.3.1.5. Key Developments/Key Takeaways
21.3.2. High Liner Foods Inc.
21.3.2.1. Overview
21.3.2.2. Product Portfolio
21.3.2.3. Sales Footprint
21.3.2.4. Strategy Overview
21.3.2.5. Key Developments/Key Takeaways
21.3.3. Royal Greenland A/S
21.3.3.1. Overview
21.3.3.2. Product Portfolio
21.3.3.3. Sales Footprint
21.3.3.4. Strategy Overview
21.3.3.5. Key Developments/Key Takeaways
21.3.4. The Clover Leaf Seafoods Family
21.3.4.1. Overview
21.3.4.2. Product Portfolio
21.3.4.3. Sales Footprint
21.3.4.4. Strategy Overview
21.3.4.5. Key Developments/Key Takeaways
21.3.5. Ocean America Food SA
21.3.5.1. Overview
21.3.5.2. Product Portfolio
21.3.5.3. Sales Footprint
21.3.5.4. Strategy Overview
21.3.5.5. Key Developments/Key Takeaways
21.3.6. Rich Products Corporation
21.3.6.1. Overview
21.3.6.2. Product Portfolio
21.3.6.3. Sales Footprint
21.3.6.4. Strategy Overview
21.3.6.5. Key Developments/Key Takeaways
21.3.7. DNI Group LLC
21.3.7.1. Overview
21.3.7.2. Product Portfolio
21.3.7.3. Sales Footprint
21.3.7.4. Strategy Overview
21.3.7.5. Key Developments/Key Takeaways
21.3.8. Surapon Foods Public Company Limited
21.3.8.1. Overview
21.3.8.2. Product Portfolio
21.3.8.3. Sales Footprint
21.3.8.4. Strategy Overview
21.3.8.5. Key Developments/Key Takeaways
21.3.9. Siam Canadian Group Limited
21.3.9.1. Overview
21.3.9.2. Product Portfolio
21.3.9.3. Sales Footprint
21.3.9.4. Strategy Overview
21.3.9.5. Key Developments/Key Takeaways
21.3.10. Sirena A/S
21.3.10.1. Overview
21.3.10.2. Product Portfolio
21.3.10.3. Sales Footprint
21.3.10.4. Strategy Overview
21.3.10.5. Key Developments/Key Takeaways
21.3.11. Trident Seafoods Corporation
21.3.11.1. Overview
21.3.11.2. Product Portfolio
21.3.11.3. Sales Footprint
21.3.11.4. Strategy Overview
21.3.11.5. Key Developments/Key Takeaways
21.3.12. International fishing farming holding company PJSC-Asmak
21.3.12.1. Overview
21.3.12.2. Product Portfolio
21.3.12.3. Sales Footprint
21.3.12.4. Strategy Overview
21.3.12.5. Key Developments/Key Takeaways
21.3.13. Morubel
21.3.13.1. Overview
21.3.13.2. Product Portfolio
21.3.13.3. Sales Footprint
21.3.13.4. Strategy Overview
21.3.13.5. Key Developments/Key Takeaways
21.3.14. Maruha Nichiro Corporation
21.3.14.1. Overview
21.3.14.2. Product Portfolio
21.3.14.3. Sales Footprint
21.3.14.4. Strategy Overview
21.3.14.5. Key Developments/Key Takeaways
21.3.15. August Seafood
21.3.15.1. Overview
21.3.15.2. Product Portfolio
21.3.15.3. Sales Footprint
21.3.15.4. Strategy Overview
21.3.15.5. Key Developments/Key Takeaways
22. Assumptions & Acronyms Used
23. Research Methodology
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