Press release
Caviar Market Size, Share Analysis, Top Players, And Forecast To 2033
"The new report published by The Business Research Company, titled ""Caviar Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the cavior market size has grown rapidly in recent years. It will grow from $2.57 billion in 2023 to $2.83 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The cavior market size is expected to see rapid growth in the next few years. It will grow to $4.19 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%.
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Popularity Of Restaurants Fuels Growth In Caviar Market
The rise in the popularity of restaurants is expected to propel the growth of the caviar market going forward. The popularity of restaurants is growing due to an increasing emphasis on experiential dining, where consumers seek unique and memorable culinary experiences as a form of social and cultural engagement. Caviar enhances restaurant menus by offering a luxurious and sophisticated delicacy that elevates dining experiences. For instance, in June 2024, according to Statistics Sweden, a Sweden-based government agency, restaurants increased their sales volume by 1.2% during the first quarter of 2024 compared with the same period in 2023. Therefore, the rise in the popularity of restaurants drives the caviar market.
Sustainable Luxury Plant-Based Caviar Alternatives Redefine Indulgence
Major companies operating in the caviar market are developing innovative products such as plant-based caviar, catering to the growing demand for sustainable and vegan options. Plant-based caviar refers to a vegan or vegetarian alternative to traditional caviar, made from plant-derived ingredients designed to mimic the taste, texture, and appearance of real caviar without using fish roe. For instance, in July 2024, Ancrée, a France-based company that manufactures caviar, launched the First French Plant-Based Caviar, using chia seeds and seaweed. This plant-based caviar is enriched with chia seeds, omega-3 fatty acids, fiber, vitamins, and minerals, offering a nutritious alternative to traditional caviar. The seaweed in the plant-based caviar provides essential iodine, similar to a key nutrient found in traditional caviar.
The caviar market covered in this report is segmented -
1) By Product: Sevruga, Osetra, Salmon, Sushi, Beluga, Sterlet, Other Products
2) By Form: Fresh, Dried, Frozen
3) By Sales Channel: On-Trade, Off-Trade
4) By Application: Hotels And Restaurants, Airliners And Cruise Ships, Retail Stores, Other Applications
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Major companies operating in the caviar market are Labeyrie Fine Foods SAS, Caviar House & Prunier, Petrossian Inc., The Caviar Co., The Caviar House, Amur Caviar Company Ltd., Black River Caviar, Hyde Caviar LLC, Riofrío 1963 SL, Hangzhou Qiandaohu Xunlong Sci-Tech Co. Ltd., L'Osage Caviar Company Inc., Sasanian Caviar Inc., Agroittica Lombarda, California Caviar Company, Russian Caviar House LLP, Delicatessen SNAILEX s.r.o., Karat Caviar, Tsar Nicoulai Caviar LLC, Bemka, Imperial Caviar
Contents of the report:
1. Executive Summary
2. Caviar Market Report Structure
3. Caviar Market Trends And Strategies
4. Caviar Market - Macro Economic Scenario
5. Caviar Market Size And Growth
…..
27. Caviar Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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