Global Crustacean Market, 2025-2033
Description
Global Crustacean Market, valued at USD 80.0 billion in 2024, is anticipated to expand to USD 140.0 billion by 2033, achieving a CAGR of 6.0% over the 2025-2033 period.
This consistent ascent is driven by escalating global appetite for nutrient-rich seafood surpassing USD 250 billion in annual sales, advancements in responsible farming practices boosting frozen variants, and creative developments in ready-to-consume items registering a 7% CAGR across diverse sectors. The arena has accelerated since 2023, supported by eco-conscious sourcing initiatives and integrations of traceable supply chains, exemplified by a 20% uplift in sustainable metrics from key players like Thai Union Group as of October 2024. Prominent evolutions feature shrimp's preeminence for its cost-effectiveness and multi-use potential, frozen formats leading for extended preservation and trade efficiency, food and beverage integrations at the helm for innovative meal solutions, and a surge in premium infused products climbing 12% in European health applications by April 2025. Attractive potentials include urban expansions in Asia Pacific hubs like India for accessible prawn-based feeds, North American and European strides in omega-3 enriched extracts for wellness and beauty, and digital retail booms enhancing cosmetic deployments. Yet, restraints such as dwindling natural stocks from environmental pressures, logistical fragilities amid climatic shifts, and burdensome accreditation fees for smaller entities continue to pose significant hurdles. Asia Pacific commands over 50% of the landscape, anchored by China's aquaculture prowess and export leadership, while Europe propels as the quickest at 7.0% CAGR, fueled by stringent sustainability norms and premium demands in Germany.
Meticulous categorizations empower precise maneuvers across varieties, formats, utilizations, channels, and territories. Varieties underscore shrimp for broad appeal, formats prioritize frozen for reliability, utilizations emphasize food and beverages for innovation, and channels highlight supermarkets for expanding reach, with zonal variations—Asia Pacific for magnitude, Europe for momentum, and North America for functional advancements.
Market Segmentation:
By Type:
Shrimp
Crab
Lobster
Krill
Prawns
Others
By Form:
Frozen
Fresh/Chilled
Canned
Dried
Others
By Application:
Food & Beverages
Animal Feed
Pharmaceuticals
Cosmetics
Others
By Distribution Channel:
Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Food Service
Others
By Region:
North America (United States, Canada, Others)
Europe (United Kingdom, Germany, France, Italy, Spain, Others)
Asia Pacific (China, Japan, India, South Korea, Australia, Others)
Latin America (Brazil, Others)
Middle East & Africa (United Arab Emirates, Others)
Please note : Delivery Timeline: 3-5 Business Days
This consistent ascent is driven by escalating global appetite for nutrient-rich seafood surpassing USD 250 billion in annual sales, advancements in responsible farming practices boosting frozen variants, and creative developments in ready-to-consume items registering a 7% CAGR across diverse sectors. The arena has accelerated since 2023, supported by eco-conscious sourcing initiatives and integrations of traceable supply chains, exemplified by a 20% uplift in sustainable metrics from key players like Thai Union Group as of October 2024. Prominent evolutions feature shrimp's preeminence for its cost-effectiveness and multi-use potential, frozen formats leading for extended preservation and trade efficiency, food and beverage integrations at the helm for innovative meal solutions, and a surge in premium infused products climbing 12% in European health applications by April 2025. Attractive potentials include urban expansions in Asia Pacific hubs like India for accessible prawn-based feeds, North American and European strides in omega-3 enriched extracts for wellness and beauty, and digital retail booms enhancing cosmetic deployments. Yet, restraints such as dwindling natural stocks from environmental pressures, logistical fragilities amid climatic shifts, and burdensome accreditation fees for smaller entities continue to pose significant hurdles. Asia Pacific commands over 50% of the landscape, anchored by China's aquaculture prowess and export leadership, while Europe propels as the quickest at 7.0% CAGR, fueled by stringent sustainability norms and premium demands in Germany.
Meticulous categorizations empower precise maneuvers across varieties, formats, utilizations, channels, and territories. Varieties underscore shrimp for broad appeal, formats prioritize frozen for reliability, utilizations emphasize food and beverages for innovation, and channels highlight supermarkets for expanding reach, with zonal variations—Asia Pacific for magnitude, Europe for momentum, and North America for functional advancements.
Market Segmentation:
By Type:
Shrimp
Crab
Lobster
Krill
Prawns
Others
By Form:
Frozen
Fresh/Chilled
Canned
Dried
Others
By Application:
Food & Beverages
Animal Feed
Pharmaceuticals
Cosmetics
Others
By Distribution Channel:
Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Food Service
Others
By Region:
North America (United States, Canada, Others)
Europe (United Kingdom, Germany, France, Italy, Spain, Others)
Asia Pacific (China, Japan, India, South Korea, Australia, Others)
Latin America (Brazil, Others)
Middle East & Africa (United Arab Emirates, Others)
Please note : Delivery Timeline: 3-5 Business Days
Table of Contents
344 Pages
- Research Objective
- MARKET SEGMENTATION
- Scope of the Study
- Key Questions Answered in the Report
- Chapter 1 Research Methodology
- 1.1 Research Objective
- 1.2 Market Research Process
- 1.2.1 Data Procurement and Data Mining
- 1.2.2 Data Analysis and Standardization
- 1.2.3 Data Processing and Market Formulation
- 1.2.4 Data Validation
- 1.3 Market Research Approach
- 1.3.1 Residential Research
- 1.3.2 Commercial Research
- 1.3.3 Assumptions & Limitations
- 1.4 Year Considered for the Study
- Chapter 2 Executive Summary
- 2.1 Global Crustacean Market Snapshot
- 2.2 Global Crustacean Market
- Chapter 3 Market Variables and Scope
- 3.1 Introduction to Crustacean
- 3.2 Classification and Scope
- Chapter 4 Market Dynamics and Trends
- 4.1 Global Crustacean Market Dynamics
- 4.2 Global Crustacean Market Dynamics, Impact Analysis
- 4.3 Market Drivers
- 4.3.1 Driver 1
- 4.3.2 Driver 2
- 4.4 Market Restraints
- 4.4.1 Restraint 1
- 4.4.2 Restraint 2
- 4.5 Market Opportunity
- 4.5.1 Opportunity 1
- 4.5.2 Opportunity 2
- Chapter 5 Premium Insights
- 5.1 Porter’s Five Forces Analysis
- 5.1.1 Bargaining Power of Suppliers
- 5.1.2 Bargaining Power of Buyers
- 5.1.3 Threat of Substitute Types
- 5.1.4 Rivalry among Existing Firms
- 5.1.5 Threat of New Entrants
- 5.2 Supply Chain Analysis
- 5.3 Market Share Analysis of Key Players, 2024
- 5.4 Market Entry Strategy Assessment
- 5.5 Strategic Recommendation for Stakeholders
- Chapter 6 Global Crustacean Market, By Type
- 6.1 Global Crustacean Market, By Type, 2025 - 2033
- 6.2 Shrimp
- 6.3 Crab
- 6.4 Lobster
- 6.5 Krill
- 6.6 Prawns
- 6.7 Others
- Chapter 7 Global Crustacean Market, By Form
- 7.1 Global Crustacean Market, By Form, 2025 - 2033
- 7.2 Fresh/Chilled
- 7.3 Frozen
- 7.4 Canned
- 7.5 Dried
- 7.6 Others
- Chapter 8 Global Crustacean Market, By Application
- 8.1 Global Crustacean Market, By Application, 2025 - 2033
- 8.2 Food & Beverages
- 8.3 Animal Feed
- 8.4 Agriculture
- 8.5 Pharmaceuticals
- 8.6 Cosmetics
- 8.7 Others
- Chapter 9 Global Crustacean Market, By Distribution Channel
- 9.1 Global Crustacean Market, By Distribution Channel, 2025 - 2033
- 9.2 Supermarkets/Hypermarkets
- 9.3 Convenience Stores
- 9.4 Online Retail
- 9.5 Food Service
- 9.6 Others
- Chapter 10 Global Crustacean Market, By Region
- 10.1 Overview
- 10.2 North America
- 10.2.1 North America Crustacean Market, By Country
- 10.2.2 North America Crustacean Market, By Type
- 10.2.3 North America Crustacean Market, By Form
- 10.2.4 North America Crustacean Market, By Application
- 10.2.5 North America Crustacean Market, By Distribution Channel
- 10.2.6 United States
- 10.2.6.1 United States Crustacean Market, By Type
- 10.2.6.2 United States Crustacean Market, By Form
- 10.2.6.3 United States Crustacean Market, By Application
- 10.2.6.4 United States Crustacean Market, By Distribution Channel
- 10.2.7 Canada
- 10.2.7.1 Canada Crustacean Market, By Type
- 10.2.7.2 Canada Crustacean Market, By Form
- 10.2.7.3 Canada Crustacean Market, By Application
- 10.2.7.4 Canada Crustacean Market, By Distribution Channel
- 10.2.8 Others
- 10.2.8.1 Others Crustacean Market, By Type
- 10.2.8.2 Others Crustacean Market, By Form
- 10.2.8.3 Others Crustacean Market, By Application
- 10.2.8.4 Others Crustacean Market, By Distribution Channel
- 10.3 Europe
- 10.3.1 Europe Crustacean Market, By Country
- 10.3.2 Europe Crustacean Market, By Type
- 10.3.3 Europe Crustacean Market, By Form
- 10.3.4 Europe Crustacean Market, By Application
- 10.3.5 Europe Crustacean Market, By Distribution Channel
- 10.3.6 United Kingdom
- 10.3.6.1 United Kingdom Crustacean Market, By Type
- 10.3.6.2 United Kingdom Crustacean Market, By Form
- 10.3.6.3 United Kingdom Crustacean Market, By Application
- 10.3.6.4 United Kingdom Crustacean Market, By Distribution Channel
- 10.3.7 Germany
- 10.3.7.1 Germany Crustacean Market, By Type
- 10.3.7.2 Germany Crustacean Market, By Form
- 10.3.7.3 Germany Crustacean Market, By Application
- 10.3.7.4 Germany Crustacean Market, By Distribution Channel
- 10.3.8 France
- 10.3.8.1 France Crustacean Market, By Type
- 10.3.8.2 France Crustacean Market, By Form
- 10.3.8.3 France Crustacean Market, By Application
- 10.3.8.4 France Crustacean Market, By Distribution Channel
- 10.3.9 Italy
- 10.3.9.1 Italy Crustacean Market, By Type
- 10.3.9.2 Italy Crustacean Market, By Form
- 10.3.9.3 Italy Crustacean Market, By Application
- 10.3.9.4 Italy Crustacean Market, By Distribution Channel
- 10.3.10 Spain
- 10.3.10.1 Spain Crustacean Market, By Type
- 10.3.10.2 Spain Crustacean Market, By Form
- 10.3.10.3 Spain Crustacean Market, By Application
- 10.3.10.4 Spain Crustacean Market, By Distribution Channel
- 10.3.11 Others
- 10.3.11.1 Others Crustacean Market, By Type
- 10.3.11.2 Others Crustacean Market, By Form
- 10.3.11.3 Others Crustacean Market, By Application
- 10.3.11.4 Others Crustacean Market, By Distribution Channel
- 10.4 Asia Pacific
- 10.4.1 Asia Pacific Crustacean Market, By Country
- 10.4.2 Asia Pacific Crustacean Market, By Type
- 10.4.3 Asia Pacific Crustacean Market, By Form
- 10.4.4 Asia Pacific Crustacean Market, By Application
- 10.4.5 Asia Pacific Crustacean Market, By Distribution Channel
- 10.4.6 China
- 10.4.6.1 China Crustacean Market, By Type
- 10.4.6.2 China Crustacean Market, By Form
- 10.4.6.3 China Crustacean Market, By Application
- 10.4.6.4 China Crustacean Market, By Distribution Channel
- 10.4.7 Japan
- 10.4.7.1 Japan Crustacean Market, By Type
- 10.4.7.2 Japan Crustacean Market, By Form
- 10.4.7.3 Japan Crustacean Market, By Application
- 10.4.7.4 Japan Crustacean Market, By Distribution Channel
- 10.4.8 India
- 10.4.8.1 India Crustacean Market, By Type
- 10.4.8.2 India Crustacean Market, By Form
- 10.4.8.3 India Crustacean Market, By Application
- 10.4.8.4 India Crustacean Market, By Distribution Channel
- 10.4.9 South Korea
- 10.4.9.1 South Korea Crustacean Market, By Type
- 10.4.9.2 South Korea Crustacean Market, By Form
- 10.4.9.3 South Korea Crustacean Market, By Application
- 10.4.9.4 South Korea Crustacean Market, By Distribution Channel
- 10.4.10 Australia
- 10.4.10.1 Australia Crustacean Market, By Type
- 10.4.10.2 Australia Crustacean Market, By Form
- 10.4.10.3 Australia Crustacean Market, By Application
- 10.4.10.4 Australia Crustacean Market, By Distribution Channel
- 10.4.11 Others
- 10.4.11.1 Others Crustacean Market, By Type
- 10.4.11.2 Others Crustacean Market, By Form
- 10.4.11.3 Others Crustacean Market, By Application
- 10.4.11.4 Others Crustacean Market, By Distribution Channel
- 10.5 Latin America
- 10.5.1 Latin America Crustacean Market, By Country
- 10.5.2 Latin America Crustacean Market, By Type
- 10.5.3 Latin America Crustacean Market, By Form
- 10.5.4 Latin America Crustacean Market, By Application
- 10.5.5 Latin America Crustacean Market, By Distribution Channel
- 10.5.6 Brazil
- 10.5.6.1 Brazil Crustacean Market, By Type
- 10.5.6.2 Brazil Crustacean Market, By Form
- 10.5.6.3 Brazil Crustacean Market, By Application
- 10.5.6.4 Brazil Crustacean Market, By Distribution Channel
- 10.5.7 Others
- 10.5.7.1 Others Crustacean Market, By Type
- 10.5.7.2 Others Crustacean Market, By Form
- 10.5.7.3 Others Crustacean Market, By Application
- 10.5.7.4 Others Crustacean Market, By Distribution Channel
- 10.6 Middle East and Africa (MEA)
- 10.6.1 Middle East and Africa (MEA) Crustacean Market, By Country
- 10.6.2 Middle East and Africa (MEA) Crustacean Market, By Type
- 10.6.3 Middle East and Africa (MEA) Crustacean Market, By Form
- 10.6.4 Middle East and Africa (MEA) Crustacean Market, By Application
- 10.6.5 Middle East and Africa (MEA) Crustacean Market, By Distribution Channel
- 10.6.6 United Arab Emirates
- 10.6.6.1 United Arab Emirates Crustacean Market, By Type
- 10.6.6.2 United Arab Emirates Crustacean Market, By Form
- 10.6.6.3 United Arab Emirates Crustacean Market, By Application
- 10.6.6.4 United Arab Emirates Crustacean Market, By Distribution Channel
- 10.6.7 Others
- 10.6.7.1 Others Crustacean Market, By Type
- 10.6.7.2 Others Crustacean Market, By Form
- 10.6.7.3 Others Crustacean Market, By Application
- 10.6.7.4 Others Crustacean Market, By Distribution Channel
- Chapter 11 Competitive Landscape
- 11.1 Strategic Move Analysis
- 11.1.1 Top Player Positioning/Market Share Analysis
- 11.1.2 Top Winning Strategies, By Year, 2021-2024
- 11.1.3 Competitive Analysis by Revenue, 2022-2024
- 11.2 Recent Developments by the Market Participants (2024-25)
- Chapter 12 Company Profiles
- 12.1 Thai Union Group PCL
- 12.1.1 Company Snapshot
- 12.1.2 Company Overview
- 12.1.3 Financial Performance
- 12.1.4 Product Portfolio
- 12.1.5 Strategic Growth
- 12.2 Mowi ASA
- 12.2.1 Company Snapshot
- 12.2.2 Company Overview
- 12.2.3 Financial Performance
- 12.2.4 Product Portfolio
- 12.2.5 Strategic Growth
- 12.3 High Liner Foods Incorporated
- 12.3.1 Company Snapshot
- 12.3.2 Company Overview
- 12.3.3 Financial Performance
- 12.3.4 Product Portfolio
- 12.3.5 Strategic Growth
- 12.4 Clearwater Seafoods Incorporated
- 12.4.1 Company Snapshot
- 12.4.2 Company Overview
- 12.4.3 Financial Performance
- 12.4.4 Product Portfolio
- 12.4.5 Strategic Growth
- 12.5 Nippon Suisan Kaisha Ltd.
- 12.5.1 Company Snapshot
- 12.5.2 Company Overview
- 12.5.3 Financial Performance
- 12.5.4 Product Portfolio
- 12.5.5 Strategic Growth
- 12.6 Austevoll Seafood ASA
- 12.6.1 Company Snapshot
- 12.6.2 Company Overview
- 12.6.3 Financial Performance
- 12.6.4 Product Portfolio
- 12.6.5 Strategic Growth
- 12.7 Lerøy Seafood Group ASA
- 12.7.1 Company Snapshot
- 12.7.2 Company Overview
- 12.7.3 Financial Performance
- 12.7.4 Product Portfolio
- 12.7.5 Strategic Growth
- 12.8 Royal Greenland A/S
- 12.8.1 Company Snapshot
- 12.8.2 Company Overview
- 12.8.3 Financial Performance
- 12.8.4 Product Portfolio
- 12.8.5 Strategic Growth
- 12.9 Maruha Nichiro Corporation
- 12.9.1 Company Snapshot
- 12.9.2 Company Overview
- 12.9.3 Financial Performance
- 12.9.4 Product Portfolio
- 12.9.5 Strategic Growth
- 12.10 Nueva Pescanova Group
- 12.10.1 Company Snapshot
- 12.10.2 Company Overview
- 12.10.3 Financial Performance
- 12.10.4 Product Portfolio
- 12.10.5 Strategic Growth
- 12.11 Avanti Feeds Limited
- 12.11.1 Company Snapshot
- 12.11.2 Company Overview
- 12.11.3 Financial Performance
- 12.11.4 Product Portfolio
- 12.11.5 Strategic Growth
- 12.12 Zhanjiang Guolian Aquatic Products Co. Ltd.
- 12.12.1 Company Snapshot
- 12.12.2 Company Overview
- 12.12.3 Financial Performance
- 12.12.4 Product Portfolio
- 12.12.5 Strategic Growth
- 12.13 Surapon Foods Public Company Limited
- 12.13.1 Company Snapshot
- 12.13.2 Company Overview
- 12.13.3 Financial Performance
- 12.13.4 Product Portfolio
- 12.13.5 Strategic Growth
- 12.14 Charoen Pokphand Foods PCL
- 12.14.1 Company Snapshot
- 12.14.2 Company Overview
- 12.14.3 Financial Performance
- 12.14.4 Product Portfolio
- 12.14.5 Strategic Growth
- 12.15 East Coast Seafood LLC
- 12.15.1 Company Snapshot
- 12.15.2 Company Overview
- 12.15.3 Financial Performance
- 12.15.4 Product Portfolio
- 12.15.5 Strategic Growth
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