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
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Crustaceans
Crustaceans Market to Provide Lucrative Opportunities with Leading Key Players A …
Crustaceans form a huge, diverse arthropod taxon which 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…
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…
Crustaceans Market To Incur Value Growth At 4.5% CAGR During 2017-2025
Understanding various facets of the global crustaceans market, Persistence Market Research has come up with an analytical research publication titled “Crustaceans Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” The comprehensive crustaceans market research report focuses on various developments, trends, opportunities, drivers, restraints and challenges influencing the growth of the global crustaceans market. These factors vary in magnitude in different regions for which a detailed analysis is covered in this…
Crustaceans Market to Witness a Pronounce Growth During 2017 to 2026
Persistence Market Research uses a unique research methodology which is a strong blend of secondary and in-depth primary research. Extensive primary interviews with key market players, stakeholders, market observers and experts are carried out to collect necessary data and information pertaining to various segments and across key regions.
The data crunching and statistical analysis so performed undergoes multiple layers of validation to garner appropriate market insights which could benefit business…
Crustaceans Market to Expand with Significant CAGR During 2025
Persistence Market Research uses a unique research methodology which is a strong blend of secondary and in-depth primary research. Extensive primary interviews with key market players, stakeholders, market observers and experts are carried out to collect necessary data and information pertaining to various segments and across key regions.
The data crunching and statistical analysis so performed undergoes multiple layers of validation to garner appropriate market insights which could benefit business…