Lobster Market Size US$ 12.0 Billion, Growth Rate (CAGR) of 9.3% and Forecast Report 2023-2028

According to IMARC Group's latest report, titled "𝐋𝐨𝐛𝐬𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖" the global lobster market size reached US$ 7.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.0 Billion by 2028, exhibiting a growth rate (CAGR) of 9.3% during 2023-2028.

Lobster is a type of shellfish characterized by its long body, large claws, and hard exoskeleton. Lobsters are typically found in the Atlantic Ocean and are considered a delicacy in many parts of the world. They can be boiled, steamed, grilled, or baked, and are often served with butter or other sauces. They are also rich in protein and other essential nutrients, thus making them a healthy and popular choice for seafood enthusiasts. Lobsters are widely used in the food industry, particularly in high-end restaurants and seafood markets. They are also used in the production of lobster-based edibles, such as bisques, sauces, and spreads.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/lobster-market/requestsample

Lobster Market Trends:

The key driver influencing the market growth for lobsters is the steadily increasing demand for seafood. Moreover, rising health consciousness among individuals is driving the market growth. Since lobster is rich in protein, vitamins, and minerals and is low in fat in calories, this is acting as a major growth-inducing factor. In addition to this, lobster is a good source of omega-3 fatty acids, which are essential for heart health. This, in turn, is facilitating the demand for lobsters, which is consequently driving the market growth. Other factors, such as rising consumer expenditure capacities, increasing inclination of individuals toward fine and luxury dining, of which lobster-based dishes form an integral part, and steadily expanding food and beverage (F&B) industry, are creating a positive outlook for the market.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=998&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape with Key Players:

The competitive landscape of the market has also been examined with some of the key players.

• Boston Lobster
• Clearwater Seafoods
• East Coast Seafood Group
• Geraldton Fishermen's Co-operative
• High Liner Foods Incorporated
• PESCANOVA ESPAÑA SL
• Supreme Lobster
• Tangier Lobster
• Thai Union Manufacturing Company Ltd.

Key Market Segmentation:

The report has categorized the market based on species, weight, product type, distribution channel and region.

Market Breakup by Species:
• American Lobster
• Spiny Lobster
• Rock Lobster
• European Lobster

Market Breakup by Weight:
• 5 - 0.75 lbs
• 76 - 3.0 lbs
• Over 3 lbs

Market Breakup by Product Type:
• Whole Lobster
• Lobster Tail
• Lobster Meat
• Lobster Claw

Market Breakup by Distribution Channel:
• Food Service
• Retail

Regional Insights:
• North America
• Europe
• Asia
• Oceania
• Others

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://bit.ly/43ErMXZ

Key Highlights of The Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Market segmentation and 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.

Related Reports by IMARC Group:

Europe Lobster Market: https://bit.ly/3fXlOwQ
Europe Salmon Market: https://bit.ly/3opbVMA
United States Salmon Market: https://bit.ly/3MV4Ldh
Organic Seafood Market: https://bit.ly/3KP1l98
Processed Meat Market: https://bit.ly/3CAfxyK

Media Contact:

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Contact Person: Elena Anderson
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Website: https://www.imarcgroup.com/

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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