openPR Logo
Press release

The Crustacean Market To Be Driven By The Non-Stoical Approach

The Crustacean Market To Be Driven By The Non-Stoical Approach

Seafood is fast becoming a consumer favorite across the world, which is projected to have a positive impact on the growth of the global crustaceans market. Crustaceans include shrimp, lobster, crabs, and others. These species are among the most consumed seafood products across the globe, and the consumption of seafood-based products is projected to witness substantial growth in the foreseeable future. Rising demand for crustacean products from the thriving foodservice industry in emerging markets, and growing consumer awareness regarding the health benefits of consuming seafood products, are some of the other main factors contributing to market growth.

To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/14143

The global crustaceans market has witnessed substantial growth in the past few years, and this growth is expected to continue increasing throughout the forecast period of 2019-2029. The global crustaceans market is estimated to witness a steady CAGR of 4.7% during the forecast period.

Key Takeaways of Crustaceans Market Study

Crab and shrimp segments are projected to register substantial growth rates in the global crustaceans market, attributable to the higher consumption rate of both species, especially in North America.

The foodservice industry holds the largest share in global crustaceans market among all segments by end use, owing to the higher utilization of crustaceans in multiple foodservice restaurants.
In terms of origin, aquaculture is expected to register a higher CAGR as compared to capture, on the back of the growing aquaculture industry in Asia, which ensures a steady supply of crustaceans.

Get Methodology Report here@ https://www.persistencemarketresearch.com/methodology/14143

Crustaceans Market: Competitive Landscape

Players in the crustaceans market are adapting their market strategies in accordance with the current trends in the market. Leading manufacturers are using strategies such as acquisitions and strategic collaborations, and are strengthening their supply chain with focus on global expansion. Additionally, these companies are also focusing on the development of new crustacean-based food products to further increase their consumer base.

In May 2017, High Liner Foods Inc. acquired Rubicon Resources LLC, which is engaged in the import and distribution of frozen shrimp products in the U.S. retail market. With this acquisition, High Liner Foods is expanding through diversification into aquaculture species such as shrimp, which has been witnessing higher demand in North America.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/14143

Read More Trending "PMR Exclusive Article"

Market Study on Sugar-free Confectionery: https://www.persistencemarketresearch.com/market-research/sugar-free-confectionery-market.asp

Global Market Study on Spirulina: https://www.persistencemarketresearch.com/market-research/spirulina-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:

Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Crustacean Market To Be Driven By The Non-Stoical Approach here

News-ID: 2556661 • Views:

More Releases from Persistence Market Research

Fruit Ingredients Market to Reach US$ 111.3 Bn by 2032, Driven by Rising Health Trends
Fruit Ingredients Market to Reach US$ 111.3 Bn by 2032, Driven by Rising Health …
Overview of the Global Fruit Ingredients Market The global fruit ingredients market is witnessing significant growth, driven by rising consumer demand for natural, clean-label, and nutrient-rich food products. In 2025, the market is likely to be valued at US$ 75.0 billion and is expected to reach US$ 111.3 billion by 2032, registering a robust CAGR of 5.8% during the forecast period. Fruit ingredients, which include fruit concentrates, purees, powders, and extracts,
Vegan Dessert Market to Reach US$ 11.9 Bn by 2032, Driven by Rising Health & Plant-Based Demand
Vegan Dessert Market to Reach US$ 11.9 Bn by 2032, Driven by Rising Health & Pla …
Overview of the Market The global vegan dessert market is poised for significant expansion, with an estimated valuation of US$ 5.2 billion in 2025, projected to reach US$ 11.9 billion by 2032. This robust growth reflects a compound annual growth rate (CAGR) of 11.7% during the forecast period from 2025 to 2032. Increasing consumer awareness about health, environmental sustainability, and ethical food consumption is driving the widespread adoption of vegan dessert
Instant Beverage Premix Market to Reach US$148.3 Bn by 2032 Driven by Convenience & Demand
Instant Beverage Premix Market to Reach US$148.3 Bn by 2032 Driven by Convenienc …
Overview of the Global Instant Beverage Premix Market The global instant beverage premix market has witnessed remarkable growth over the past decade, driven by evolving consumer lifestyles and increasing demand for convenient, ready-to-consume beverages. Instant beverage premixes, encompassing products such as instant coffee, tea, flavored drinks, protein powders, and nutritional supplements, cater to busy consumers seeking quick preparation without compromising on taste or nutritional value. These premixes have gained popularity across
Dermacosmetics Market to Reach US$ 87.3 Bn by 2032 at 7.4% CAGR: Persistence Market Research
Dermacosmetics Market to Reach US$ 87.3 Bn by 2032 at 7.4% CAGR: Persistence Mar …
The global dermacosmetics market, estimated at US$ 53 billion in 2025, is forecasted to witness a steady upward trajectory, expanding at a Compound Annual Growth Rate (CAGR) of 7.4% to reach US$ 87.3 billion by 2032. This surge is driven by a confluence of factors ranging from increasing consumer awareness and the rising incidence of skin conditions to a growing preference for advanced, dermatologist-backed skincare solutions. Dermacosmetics, a category that

All 5 Releases


More Releases for Crustaceans

[Latest] China Crustaceans Market: The Role of Customization and Personalization
New Jersey, United States,- China Crustaceans Market The growth is attributed to factors such as advancements in aquaculture technologies, improved supply chain logistics, and the rising popularity of ready-to-cook and frozen crustacean products. Additionally, increasing export opportunities for Chinese crustaceans to international markets, particularly in North America and Europe, will bolster the market. The expansion of online retail platforms and e-commerce channels is also expected to drive consumer access to
Crustaceans Market Size, Trends, Key Players and Competitive Landscape
Global Crustaceans Market size was valued at $16.4 billion in 2021, and is estimated to reach $25.3 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031. The market for crustaceans has been hampered by the depletion of sea species; nevertheless, sustainable fishing methods may enhance the availability of crustaceans to satisfy rising demand. Collaboration between fishermen and fish farmers, as well as processors, distributors, merchants, restaurants, and
Crustaceans Market To Hit US$ 22.7 Billion by 2028
How Big is the Crustaceans Market ? : IMARC Group's latest report, titled "Crustaceans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global crustaceans market size reached US$ 17.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.86% during 2023-2028. What is Crustaceans ? : Crustaceans are a diverse group of arthropods belonging to
Crustaceans Market worth $25.3 billion by 2031 | Ichiboshi, The Crab Company, Fi …
According to a new report published by Allied Market Research, titled, "Crustaceans Market," The crustaceans market size was valued at $16.4 billion in 2021, and is estimated to reach $25.3 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031. Request Free Sample Report: https://www.alliedmarketresearch.com/request-sample/11535 Crustaceans are a varied group of arthropods that include well-known species including crayfish, shrimp, crabs, lobster, prawns, krill, woodlice, and barnacles. China produces half
Crustaceans Market - COVID-19 Scenario Analysis, Impact , Trends, Drivers, and I …
Crustaceans form a huge, diverse arthropod taxon that incorporates such creatures as crabs, lobsters, crawfish, shrimps, prawns, krill, and barnacles. A few crustaceans are more closely related to insects and other hexapods than they are to certain other crustaceans. They are rich in protein, omega-3 fatty acids, vitamin-B12, healthy fats, and minerals preventing many health issues. Regularly eating crustaceans’ foods may boost your immunity, aid weight loss, and promote
Global Crustaceans Market Size, Trends & Analysis - Forecasts To 2026
Crustaceans Market: Insights The global crustaceans market is estimated to witness a significant CAGR during the forecast period (2019-2026). The growth of the crustaceans market is anticipated to increase with the growing demand for seafood, awareness created among consumers about the health benefits related to product consumption and changing lifestyle patterns that can be attributed to increased disposable income of consumers among others. Request a free sample copy of the report @https://www.globalmarketestimates.com/report-summary.php?report_id=1669&report_name=global-crustaceans-market Crustaceans