Oyster Farming Market Key Players, Size, Cost, Growth Rate, Application, Demands and Forecasts to 2029

Global market for Oyster Farming was estimated at US$ 8,870.55 million in the year 2022, is projected to reach a revised size of US$ 13,776.78 million by 2029, growing at a CAGR of 4.87% during the forecast period 2023-2029.

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Key Players-
- Qingdao Frontier Ocean Seed Company Ltd
- Taylor Shellfish Company
- France Naissain
- Hog Island Oyster Co
- Shanshan Xiangbin Oyster Farm
- Cape Cod Oyster Company
- Huitres Favier Earl
- Woodstown Bay Shellfish Ltd
- Angel Seafood Holdings
- East 33 Deliveries Pty Ltd
- Farm Suzuki
- Australia's Oyster Coast
- Hoopers Island Oyster Co
- Chatham Shellfish Company
- TOKAI SEAPRO Co

Segment by Type
- Triploids Oyster
- Diploids Oyster

Segment by Application
- Food Service
- Wholesaler
- Processing Factory
- Retail
- Online Sale
- Other

The oyster farming market has been witnessing steady growth in recent years due to the increasing demand for oysters and other shellfish as a source of protein and the growing popularity of seafood in the global market. Oysters are widely consumed due to their high nutritional value, which includes protein, vitamins, minerals, and omega-3 fatty acids.

The oyster farming market can be segmented based on type, cultivation method, and geography. Based on type, the market can be segmented into Pacific oysters, Eastern oysters, Kumamoto oysters, and others. Pacific oysters are expected to hold the largest market share due to their widespread availability and increasing demand in various end-use industries.

Based on cultivation method, the market can be segmented into onshore and offshore cultivation. The offshore cultivation segment is expected to hold the largest market share due to its high productivity and the availability of suitable water bodies for oyster farming.

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Geographically, Asia-Pacific is expected to hold the largest market share due to the increasing consumption of seafood in the region and the growing demand for oysters as a source of protein. China is expected to be the largest producer and consumer of oysters in the region, followed by Japan and South Korea.

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This release was published on openPR.