Report Ocean offers a thorough analysis of the Crab Market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth. This market research study on Crab Market provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.
Global Crab Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ over the forecast period 2022-2028.
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The crab market is driven by rising demand for seafood owing to rising population income levels in developing countries. Another factor propelling the market growth is growing aquaculture sector and rising awareness about the health benefits of consuming shellfish, like crabs is contributing to the growth of market.
According to Statista, in 2021 the global sea food market was valued USD 253 billion and is anticipated to reach USD 336 billion by 2025. Also, according to International Trade Administration, in 2020, the global aquaculture was valued USD 204 billion and is anticipated to reach USD 262 billion by the end of 2026. As a result, rising demand for sea food and growing aquaculture will create lucrative demand for the market during forecast period. Also, as per same source, in FY 2015, per capita national income across India was 86.65 thousand INR (USD 1.05 thousand), and the number is anticipated to reach INR 150.33 thousand (USD 1.82 thousand). In addition, changing dietary preferences, towards healthy foods especially among young people is anticipated to create growth opportunity for the market during the forecast period. However, the growing vegan population stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Crab Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the dominating region across the world in terms of market share, owing to the rising consumption of crab from countries like China and Japan. Also, growing disposable income in the region is expected to drive the demand further. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as growing consumer awareness regarding the health benefits of consuming crab which would create lucrative growth prospects for the Crab Market across the North America.
Major market players included in this report are:
Admiralty Island Fisheries Inc
Bumble Bee Foods LLC
Maine Lobster Now LLC
Mazzetta Co LLC
Pacific Cove
Sea Delight LLC
Seaview Crab Co
Supreme Crab and Seafood Inc
Thai Union Group PCL
The JM Clayton Co
Recent Developments in the Market:
In Jan. 2022, The oldest seafood processor in North America, Handy Seafood, partnered with Old Bay seasoning to launch new seafood products, with a special focus on crab cakes made using fresh crabs that are caught in the wild.
In March 2022, With Gathered Foods Corporation, producer of Good Catch plant-based seafood, Bumble Bee Foods announced a joint distribution collaboration.
Global Crab 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, Form, 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:
Blue Crab
Chinese Mitten
Gazami Crab
Other Crab Types
By Form:
Frozen
Canned
Other Forms
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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
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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