United States Lobster Market Evolving Opportunities with Top Key Players, 2022-2027

According to the latest report by IMARC Group, titled "United States Lobster Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

Year considered to estimate the market size:

• Base year of the analysis: 2021
• Historical period: 2016-2021
• Forecast period: 2022-2027

The United States lobster market size reached 161.6 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 205.2 Kilo Tons by 2027, exhibiting a growth rate (CAGR) of 4.3% during 2022-2027.

Market Outlook:

Lobsters are shell-like, greenish-brown marine crustaceans that have a large cylindrical body, claws,  muscular tail, five pairs of jointed legs, stalked eyes, and a chitinous exoskeleton. They are rich in antioxidants and essential minerals, such as copper, phosphorus, zinc, omega-3 fatty acids, selenium, magnesium, and vitamins. These nutrients help reduce the risk of various heart diseases, protect from depression, improve blood vessels functions and promote healthy pregnancy. Consequently, lobster and its different parts are used for cooking various delicacies for consumption purposes.

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United States Lobster Market Growth Drivers:

The increasing consumption of various seafood products, including lobsters, owing to their multiple health benefits, is primarily driving the market growth in the US. Their intake reduces inflammation, boosts energy, improves cognition, and prevents thyroid.

Moreover, considerable expansion in the food and beverage (F&B) and the extensive utilization of lobster across restaurants, bars, and cafes in frozen and fresh forms to prepare dishes and experiment with new recipes is favoring the market growth. Additionally, the ongoing trade of lobster across the globe and favorable initiatives by the federal government of the United States to fuel the number of product catches are impelling the market growth.

Furthermore, the rising popularity and easy availability of value-added canned lobster products in supermarkets are propelling the market growth. Besides this, the introduction of new technologies to predict changes in ocean climate within a geographical fisheries management region, allowing authorities to plan the sustainability of the lobster fishery, is contributing to the market growth.

Explore Full Report Description At: https://www.imarcgroup.com/united-states-lobster-market

Competitive Landscape with Key Players:

The competitive landscape of the United States lobster market has been studied in the report with the detailed profiles of the key players operating in the market.

Market Segmentation:

The report has segmented the United States lobster market on the basis of species, weight, product type, distribution channel and region.

Based on Species:

• American Lobster
• Spiny Lobster
• Rock Lobster
• European Lobster

Based on Weight:

• 5 - 0.75 lbs
• 76 - 3.0 lbs
• Over 3 lbs

 Based on Product Type:

• Whole Lobster
• Lobster Tail
• Lobster Meat
• Lobster Claw

Based on Distribution Channel:

• Food Service
• Retail

Regional Analysis:

• Northeast
• Midwest
• South
• West

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2896&flag=C

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.