Crustaceans Market Expected to Reach US$ 135650 Million by 2028 with a CAGR of 2.6% During the Forecast Period 2022-2028

Los Angeles-United State: QY Research has recently published a research report titled, "Global Crustaceans Market Research Report 2022", assessing various factors impacting its trajectory. Due to the COVID-19 pandemic, the global Crustaceans market size is estimated to be worth US$ 116080 million in 2022 and is forecast to a readjusted size of US$ 135650 million by 2028 with a CAGR of 2.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Lobster accounting for % of the Crustaceans global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Food Industry segment is altered to an % CAGR throughout this forecast period.

Seafood corporations are putting enormous strain on the aquatic ecosystem as they increase their reach. Approximately half of the world's fish populations are currently classed as depleted, recovering, or overexploited, and wild-catch percentages are declining in most places. This phenomenon is most noticeable in giant fish at the top of the food chain, such as sharks, and billfish. The extinction of these apex predators has a domino effect, upsetting the balance of marine habitats. The build-up of plastic trash may affect fish survival rates, hence reducing stock levels. Climate change, as well as the associated deoxygenation reactions, is already influencing the seas and will have far-reaching consequences for aquatic ecosystems, including diminished diversification and habitat changes. According to some projections, these changes might reduce fishing income by 34.5% by 2050.

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Growing awareness about sustainable agriculture, increase in the awareness about the health benefits of consumption of crustaceans such its high nutritional value and low-fat protein, rising prevalence of obesity, and increasing demand for processed and fresh crustaceans in the international market will emerge as the major factors fostering the growth of the crustacean farming market. Also, surging concerns regarding food safety, shift in consumption pattern due to fast pace in lifestyle, growing rate of industrialization and rising expenditure for research and development proficiencies in regards to new product launches are other important factors fostering the growth of the crustacean farming market. High demand for frozen seafood from Americans due to appealing taste and rich nutritional value, increase in demand for healthy as well as organic food and growing investment in product development by agricultural companies will further create lucrative and remunerative growth opportunities for the crustacean farming market.

Key Players Mentioned in the Global Crustaceans Market Research Report:

Ichiboshi
International Fish Farming
RDM Aquaculture
Seaview Crab Company
Surapon Foods
The Crab Company
Findus Group
Mogster Group
Nireus Aquaculture
Russian Aquaculture
Selonda Aquaculture
Beijing Princess Seafood
Dong Won Fisheries
Faroe Seafood
Big Prawn

Global Crustaceans Market by Type:

Shrimps
Prawns
Crabs
Lobster
Crawfish
Others (krill, woodlice, barnacles, etc.)

Global Crustaceans Market by Application:

Retail
Foodservice Industry
Food Industry
Pharmaceutical Industry
Cosmetic Industry
Others

Majority of seafood landing in the U.S. is mainly imported from several countries. This trend will likely sustain in coming years on account of increasing consumption of fresh and frozen seafood with shrimps among the leading product imported into the U.S. Nevertheless, NOAA Fisheries data claims that most of the imported seafood is caught by American fishermen at the first place and then the landing is exported overseas for processing and preparation in canned and frozen goods, and they are imported back as finished goods in the form of fresh or frozen seafood products.

Alaska is the state that produces and supplies the most seafood in U.S. by pounds which comes in through Alaskan ports. In 2018, Alaska accounted for over 5.4 million pounds of caught product. Louisiana is also a primary production area owing to close proximity with the Gulf of Mexico. The region enjoys several advantages such as high regional demand for crawfish, warmwater for growing, and source of food which is primarily decaying plant material. Thus, Alaska's crustacean market size is set to surpass USD 19 million by 2026.

How Can the Research Study Help your Business?

(1) The information presented in the Crustaceans report helps your decision makers to become prudent and make the best business choices.

(2) The report enables you to see the future of the global Crustaceans market and accordingly take decisions that will be in the best interest of your business.

(3) It offers you a forward-looking perspective of the global Crustaceans market drivers and how you can secure significant market gains in the near future.

(4) It provides SWOT analysis of the global Crustaceans market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.

(5) It also assesses the changing competitive dynamics of the global Crustaceans market using pin-point evaluation.

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Table of content:

1 Crustaceans Market Overview

1.1 Product Overview and Scope of Crustaceans

1.2 Crustaceans Segment by Type

1.2.1 Global Crustaceans Market Size Growth Rate Analysis by Type 2022 VS 2028

1.2.2 Lobster

1.2.3 Shrimp

1.2.4 Crab

1.2.5 Others

1.3 Crustaceans Segment by Application

1.3.1 Global Crustaceans Consumption Comparison by Application: 2022 VS 2028

1.3.2 Food Industry

1.3.3 Pharmaceutical Industry

1.3.4 Cosmetic Industry

1.3.5 Others

1.4 Global Market Growth Prospects

1.4.1 Global Crustaceans Revenue Estimates and Forecasts (2017-2028)

1.4.2 Global Crustaceans Production Capacity Estimates and Forecasts (2017-2028)

1.4.3 Global Crustaceans Production Estimates and Forecasts (2017-2028)

1.5 Global Market Size by Region

1.5.1 Global Crustaceans Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028

1.5.2 North America Crustaceans Estimates and Forecasts (2017-2028)

1.5.3 Europe Crustaceans Estimates and Forecasts (2017-2028)

1.5.4 China Crustaceans Estimates and Forecasts (2017-2028)

1.5.5 Japan Crustaceans Estimates and Forecasts (2017-2028)

2 Market Competition by Manufacturers

2.1 Global Crustaceans Production Capacity Market Share by Manufacturers (2017-2022)

2.2 Global Crustaceans Revenue Market Share by Manufacturers (2017-2022)

2.3 Crustaceans Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

2.4 Global Crustaceans Average Price by Manufacturers (2017-2022)

2.5 Manufacturers Crustaceans Production Sites, Area Served, Product Types

2.6 Crustaceans Market Competitive Situation and Trends

2.6.1 Crustaceans Market Concentration Rate

2.6.2 Global 5 and 10 Largest Crustaceans Players Market Share by Revenue

2.6.3 Mergers & Acquisitions, Expansion

3 Production Capacity by Region

3.1 Global Production Capacity of Crustaceans Market Share by Region (2017-2022)

3.2 Global Crustaceans Revenue Market Share by Region (2017-2022)

3.3 Global Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.4 North America Crustaceans Production

3.4.1 North America Crustaceans Production Growth Rate (2017-2022)

3.4.2 North America Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.5 Europe Crustaceans Production

3.5.1 Europe Crustaceans Production Growth Rate (2017-2022)

3.5.2 Europe Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.6 China Crustaceans Production

3.6.1 China Crustaceans Production Growth Rate (2017-2022)

3.6.2 China Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

3.7 Japan Crustaceans Production

3.7.1 Japan Crustaceans Production Growth Rate (2017-2022)

3.7.2 Japan Crustaceans Production, Revenue, Price and Gross Margin (2017-2022)

4 Global Crustaceans Consumption by Region

4.1 Global Crustaceans Consumption by Region

4.1.1 Global Crustaceans Consumption by Region

4.1.2 Global Crustaceans Consumption Market Share by Region

4.2 North America

4.2.1 North America Crustaceans Consumption by Country

4.2.2 U.S.

4.2.3 Canada

4.3 Europe

4.3.1 Europe Crustaceans Consumption by Country

4.3.2 Germany

4.3.3 France

4.3.4 U.K.

4.3.5 Italy

4.3.6 Russia

4.4 Asia Pacific

4.4.1 Asia Pacific Crustaceans Consumption by Region

4.4.2 China

4.4.3 Japan

4.4.4 South Korea

4.4.5 China Taiwan

4.4.6 Southeast Asia

4.4.7 India

4.4.8 Australia

4.5 Latin America

4.5.1 Latin America Crustaceans Consumption by Country

4.5.2 Mexico

4.5.3 Brazil

5 Segment by Type

5.1 Global Crustaceans Production Market Share by Type (2017-2022)

5.2 Global Crustaceans Revenue Market Share by Type (2017-2022)

5.3 Global Crustaceans Price by Type (2017-2022)

6 Segment by Application

6.1 Global Crustaceans Production Market Share by Application (2017-2022)

6.2 Global Crustaceans Revenue Market Share by Application (2017-2022)

6.3 Global Crustaceans Price by Application (2017-2022)

7 Key Companies Profiled

7.1 Charoen Pokphand Food

7.1.1 Charoen Pokphand Food Crustaceans Corporation Information

7.1.2 Charoen Pokphand Food Crustaceans Product Portfolio

7.1.3 Charoen Pokphand Food Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.1.4 Charoen Pokphand Food Main Business and Markets Served

7.1.5 Charoen Pokphand Food Recent Developments/Updates

7.2 High Liner Foods

7.2.1 High Liner Foods Crustaceans Corporation Information

7.2.2 High Liner Foods Crustaceans Product Portfolio

7.2.3 High Liner Foods Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.2.4 High Liner Foods Main Business and Markets Served

7.2.5 High Liner Foods Recent Developments/Updates

7.3 Royal Greenland

7.3.1 Royal Greenland Crustaceans Corporation Information

7.3.2 Royal Greenland Crustaceans Product Portfolio

7.3.3 Royal Greenland Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.3.4 Royal Greenland Main Business and Markets Served

7.3.5 Royal Greenland Recent Developments/Updates

7.4 The Clover Leaf Seafoods Family

7.4.1 The Clover Leaf Seafoods Family Crustaceans Corporation Information

7.4.2 The Clover Leaf Seafoods Family Crustaceans Product Portfolio

7.4.3 The Clover Leaf Seafoods Family Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.4.4 The Clover Leaf Seafoods Family Main Business and Markets Served

7.4.5 The Clover Leaf Seafoods Family Recent Developments/Updates

7.5 Ocean America Food

7.5.1 Ocean America Food Crustaceans Corporation Information

7.5.2 Ocean America Food Crustaceans Product Portfolio

7.5.3 Ocean America Food Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.5.4 Ocean America Food Main Business and Markets Served

7.5.5 Ocean America Food Recent Developments/Updates

7.6 Rich Products

7.6.1 Rich Products Crustaceans Corporation Information

7.6.2 Rich Products Crustaceans Product Portfolio

7.6.3 Rich Products Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.6.4 Rich Products Main Business and Markets Served

7.6.5 Rich Products Recent Developments/Updates

7.7 Trident Seafoods

7.7.1 Trident Seafoods Crustaceans Corporation Information

7.7.2 Trident Seafoods Crustaceans Product Portfolio

7.7.3 Trident Seafoods Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.7.4 Trident Seafoods Main Business and Markets Served

7.7.5 Trident Seafoods Recent Developments/Updates

7.8 International Fish Farming Holding Company(PSC)

7.8.1 International Fish Farming Holding Company(PSC) Crustaceans Corporation Information

7.8.2 International Fish Farming Holding Company(PSC) Crustaceans Product Portfolio

7.8.3 International Fish Farming Holding Company(PSC) Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.8.4 International Fish Farming Holding Company(PSC) Main Business and Markets Served

7.7.5 International Fish Farming Holding Company(PSC) Recent Developments/Updates

7.9 DNI

7.9.1 DNI Crustaceans Corporation Information

7.9.2 DNI Crustaceans Product Portfolio

7.9.3 DNI Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.9.4 DNI Main Business and Markets Served

7.9.5 DNI Recent Developments/Updates

7.10 Surapon Foods Public

7.10.1 Surapon Foods Public Crustaceans Corporation Information

7.10.2 Surapon Foods Public Crustaceans Product Portfolio

7.10.3 Surapon Foods Public Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.10.4 Surapon Foods Public Main Business and Markets Served

7.10.5 Surapon Foods Public Recent Developments/Updates

7.11 Siam

7.11.1 Siam Crustaceans Corporation Information

7.11.2 Siam Crustaceans Product Portfolio

7.11.3 Siam Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.11.4 Siam Main Business and Markets Served

7.11.5 Siam Recent Developments/Updates

7.12 Sirena

7.12.1 Sirena Crustaceans Corporation Information

7.12.2 Sirena Crustaceans Product Portfolio

7.12.3 Sirena Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.12.4 Sirena Main Business and Markets Served

7.12.5 Sirena Recent Developments/Updates

7.13 Morubel

7.13.1 Morubel Crustaceans Corporation Information

7.13.2 Morubel Crustaceans Product Portfolio

7.13.3 Morubel Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.13.4 Morubel Main Business and Markets Served

7.13.5 Morubel Recent Developments/Updates

7.14 Blue Star Seafood

7.14.1 Blue Star Seafood Crustaceans Corporation Information

7.14.2 Blue Star Seafood Crustaceans Product Portfolio

7.14.3 Blue Star Seafood Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.14.4 Blue Star Seafood Main Business and Markets Served

7.14.5 Blue Star Seafood Recent Developments/Updates

7.15 Maruha Nichiro

7.15.1 Maruha Nichiro Crustaceans Corporation Information

7.15.2 Maruha Nichiro Crustaceans Product Portfolio

7.15.3 Maruha Nichiro Crustaceans Production Capacity, Revenue, Price and Gross Margin (2017-2022)

7.15.4 Maruha Nichiro Main Business and Markets Served

7.15.5 Maruha Nichiro Recent Developments/Updates

8 Crustaceans Manufacturing Cost Analysis

8.1 Crustaceans Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Key Suppliers of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.3 Manufacturing Process Analysis of Crustaceans

8.4 Crustaceans Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

9.1 Marketing Channel

9.2 Crustaceans Distributors List

9.3 Crustaceans Customers

10 Market Dynamics

10.1 Crustaceans Industry Trends

10.2 Crustaceans Market Drivers

10.3 Crustaceans Market Challenges

10.4 Crustaceans Market Restraints

11 Production and Supply Forecast

11.1 Global Forecasted Production of Crustaceans by Region (2023-2028)

11.2 North America Crustaceans Production, Revenue Forecast (2023-2028)

11.3 Europe Crustaceans Production, Revenue Forecast (2023-2028)

11.4 China Crustaceans Production, Revenue Forecast (2023-2028)

11.5 Japan Crustaceans Production, Revenue Forecast (2023-2028)

12 Consumption and Demand Forecast

12.1 Global Forecasted Demand Analysis of Crustaceans

12.2 North America Forecasted Consumption of Crustaceans by Country

12.3 Europe Market Forecasted Consumption of Crustaceans by Country

12.4 Asia Pacific Market Forecasted Consumption of Crustaceans by Region

12.5 Latin America Forecasted Consumption of Crustaceans by Country

13 Forecast by Type and by Application (2023-2028)

13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)

13.1.1 Global Forecasted Production of Crustaceans by Type (2023-2028)

13.1.2 Global Forecasted Revenue of Crustaceans by Type (2023-2028)

13.1.3 Global Forecasted Price of Crustaceans by Type (2023-2028)

13.2 Global Forecasted Consumption of Crustaceans by Application (2023-2028)

13.2.1 Global Forecasted Production of Crustaceans by Application (2023-2028)

13.2.2 Global Forecasted Revenue of Crustaceans by Application (2023-2028)

13.2.3 Global Forecasted Price of Crustaceans by Application (2023-2028)

14 Research Finding and Conclusion

15 Methodology and Data Source

15.1 Methodology/Research Approach

15.1.1 Research Programs/Design

15.1.2 Market Size Estimation

15.1.3 Market Breakdown and Data Triangulation

15.2 Data Source

15.2.1 Secondary Sources

15.2.2 Primary Sources

15.3 Author List

15.4 Disclaimer

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