Global Crab Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Crab Market by region.
Global Crab Market is valued approximately at USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2022-2029.
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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
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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.
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
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Crab Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Crab market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Crab market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Crab market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Crab Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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