openPR Logo
Press release

Crab Market Analysis by Type, Application, and Regional Segmentation

11-13-2024 12:39 PM CET | Food & Beverage

Press release from: Market Research Future - MRFR

Crab Market Analysis by Type, Application, and Regional

Crab Market Overview

Crab Market Size Anticipated to Reach at a USD 19.59 billion by 2032, CAGR of 6.10% By 2024 - 2032

The crab market has grown steadily over the years, underpinned by increasing consumer awareness of seafood's health benefits, including its high protein and omega-3 fatty acid content. Crabs are widely enjoyed for their flavor and nutritional value, offering a rich source of vitamins and minerals with relatively low fat content. The growing popularity of diets focused on protein and reduced carbohydrates has also bolstered demand for crab as a seafood choice.

Request Free Sample Report @ https://www.marketresearchfuture.com/sample_request/11526

The market is highly influenced by factors such as advancements in aquaculture, improved fishing practices, rising incomes, and expanding culinary preferences. However, the industry also faces challenges, such as environmental regulations, seasonal supply variations, and the threat of overfishing, which can impact availability and pricing. Innovations in preservation and processing, particularly in freezing and canning, have helped expand the reach of crab products, making them accessible to a larger audience beyond coastal areas.

Demand for crab has been especially strong in Asia, where crab is a staple in many local cuisines, and in North America and Europe, where crab is viewed as a high-value, premium seafood. As the market continues to grow, an increasing number of companies are focusing on sustainable fishing practices, which has become a key differentiator in a market where environmental impact is a concern for many consumers.

Key Players are:

Bumble Bee Foods LLC, Supreme Crab & Seafood Inc., Maine Lobster Now, Millennium Ocean Star Corporation, Phil-Union Frozen Foods Inc., JM Clayton Seafood Company, RGE Agridev Corporation, Siam Canadian Group Limited, and Handy Seafood

Market Segmentation

By Type: Blue Crab, Chinese Mitten, Gazami Crab, and Other Crab Types

Blue Crab:

The Blue Crab is among the most popular types in North America, especially along the Atlantic and Gulf Coasts in the United States. Known for its sweet and tender meat, blue crab is often used in various dishes like crab cakes and bisques. Maryland Blue Crabs, a highly sought-after variety of this species, hold cultural and economic significance in the U.S., contributing to the high demand for blue crab in the region. Due to its popularity, blue crab is one of the primary drivers in the global crab market.

Chinese Mitten Crab:

Also known as the Shanghai hairy crab, the Chinese Mitten Crab is a specialty in China, particularly valued for its unique flavor and soft roe. The species is mainly found in Eastern Asia and is highly prized for its rich, buttery taste, especially during the autumn months. In addition to the culinary demand, this crab type is also significant in traditional Chinese medicine, where it is valued for its potential health benefits. The Chinese Mitten Crab market is more regionally concentrated, with demand heavily focused on East Asia, particularly China, Taiwan, and Hong Kong.

Gazami Crab:

Also referred to as the Japanese Blue Crab, the Gazami Crab is widely consumed in East Asia, particularly in Japan and Korea. It is known for its large size and relatively high yield of crab meat, which makes it a popular choice for commercial use. The Gazami Crab is often used in sushi, salads, and stir-fries, and it holds substantial market share in Asia. Given the size of the Asian seafood market, the Gazami Crab is an important contributor to the growth of the crab market.

Other Crab Types:

The "Other Crab Types" category includes various lesser-known species, such as Dungeness crab, snow crab, king crab, and mud crab. These varieties are often specific to particular regions and cater to niche markets. For instance, Dungeness crab is highly popular on the West Coast of North America, while king crab and snow crab are prized in colder regions, such as Alaska and northern Canada, as well as in Northern Europe. This category adds diversity to the crab market, supporting the varied culinary preferences across different regions and contributing to the market's overall growth.

Access Full Report Now @ https://www.marketresearchfuture.com/reports/crab-market-11526

By Form: Frozen, Canned, and Other Forms

Frozen:

The frozen crab segment holds a significant share of the market, as freezing is one of the most common methods for preserving crab meat for long-distance transport and extended shelf life. Freezing allows crab to be shipped to regions far from the harvesting area, expanding the market to places where fresh crab is not readily available. Advances in freezing technology have enhanced the quality of frozen crab, allowing it to retain much of its flavor and texture. The frozen crab market is particularly robust in North America and Europe, where consumers are willing to pay a premium for quality seafood products.

Canned:

Canned crab is popular for its convenience, as it requires no preparation and can be stored for longer periods without refrigeration. This form of crab is often used in pre-prepared foods like crab cakes, soups, and seafood salads, making it a popular choice in both household and food service sectors. While canned crab may lack some of the flavor and texture of fresh or frozen crab, it remains a highly versatile option for consumers seeking easy-to-use, shelf-stable seafood. The canned segment is seeing increased demand in regions with limited access to fresh crab, such as parts of Europe and Latin America.

Other Forms:

This category includes dried, smoked, and paste forms of crab, which are less common but serve niche markets, particularly in Asia. Dried crab is often used in traditional Asian dishes, while smoked crab has a unique flavor that appeals to specific consumer segments. Crab paste is popular in certain Southeast Asian countries, where it is used as a condiment or flavoring ingredient in cooking. These alternative forms add value to the market by catering to unique culinary applications and preferences.

Regional Analysis

North America

In North America, the demand for crab is substantial, particularly in the United States, where it is a key ingredient in various regional dishes. The blue crab, Dungeness crab, and snow crab are particularly popular in this region, and they contribute significantly to the market. As consumer preferences shift toward sustainable seafood options, North American fisheries are increasingly focusing on sustainable practices. The market has also seen a rise in crab imports to meet demand, especially from Asian countries where certain types of crab are more abundant.

Asia-Pacific

Asia-Pacific dominates the global crab market, driven by strong demand in countries like China, Japan, South Korea, and Thailand. The Chinese Mitten Crab and Gazami Crab are especially popular in this region. China is the largest consumer of crab globally, with a high demand for both imported and domestic crab varieties. The region's culinary culture places a high value on seafood, and crab is featured in numerous traditional dishes. The Asia-Pacific region also leads in crab aquaculture, as many countries have invested in sustainable farming to meet both domestic and export demand.

Europe

In Europe, crab consumption has been steadily increasing, with growing interest in seafood as a healthier alternative to red meat. Countries such as the United Kingdom, Spain, and France are among the largest consumers of crab in the region. European consumers tend to prefer fresh or frozen crab, although canned crab has also gained popularity due to its convenience. With a strong focus on sustainability, Europe's crab market is moving towards responsibly-sourced options to meet regulatory requirements and satisfy eco-conscious consumers.

Latin America

The crab market in Latin America is still developing, with demand concentrated in coastal areas where crab is a traditional food. Brazil and Mexico are two of the largest markets for crab in this region, as they have strong seafood cultures and increasingly affluent populations willing to pay for premium seafood. However, infrastructure and logistics challenges can make it difficult to transport fresh crab to inland areas. This region shows potential for growth as logistical networks improve and consumer awareness of seafood's health benefits grows.

Middle East and Africa

The Middle East and Africa represent a smaller portion of the global crab market, though demand is increasing due to the rising popularity of seafood in urban centers. In the Middle East, countries such as the UAE and Saudi Arabia have seen growing demand for crab, primarily through imports. African countries, especially those on the coast, have a tradition of crab consumption but face challenges in scaling up to meet international demand due to limited resources and infrastructure.

Key Questions Answered in this Report

How much is the Crab market?

What is the growth rate of the Crab market?

Which region held the largest market share in the Crab market?

Who are the key players in the Crab market?

Which application led the Crab market?

Which form had the largest market share in the Crab market?

Table of Contents :

Section I : Executive Summary

Section II: Market Introduction

Section II: Research Methodology

Section IV: Market Insights

Section V: Market Dynamics

Section VI: Market Factor Analysis …

Grab More Report:

Functional Coffee Market: https://www.marketresearchfuture.com/reports/functional-coffee-market-24522

Dark Spirit Market: https://www.marketresearchfuture.com/reports/dark-spirit-market-24517

Espresso Coffee Market: https://www.marketresearchfuture.com/reports/espresso-coffee-market-24586

Food Cold Chain Market: https://www.marketresearchfuture.com/reports/food-cold-chain-market-24591

Food Delivery Service Market: https://www.marketresearchfuture.com/reports/food-delivery-service-market-24739

Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts' team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Crab Market Analysis by Type, Application, and Regional Segmentation here

News-ID: 3733371 • Views:

More Releases from Market Research Future - MRFR

Nespresso Market to Reach USD 6.65 Billion by 2035 at 6.25% CAGR Driven by Expansion in Emerging Markets
Nespresso Market to Reach USD 6.65 Billion by 2035 at 6.25% CAGR Driven by Expan …
Nespresso market was valued at USD 3.43 billion in 2024. It is projected to grow significantly, reaching USD 6.65 billion by 2035, with a compound annual growth rate (CAGR) of 6.25% from 2025 to 2035. This upward trajectory highlights the increasing popularity of capsule-based coffee systems across the world. Key Players are: Nestlé (Nespresso), Breville, De'Longhi, Jura, Groupe SEB, Lavazza, Gruppo illy S.p.A., Bertazzoni, Maxingvest GmbH & Co. KGaA, JAB Holding Company "REQUEST
Molasses Market to Reach USD 20.53 Billion by 2032 at 7.40% CAGR Driven by Rising Demand for Healthy Eating Trends
Molasses Market to Reach USD 20.53 Billion by 2032 at 7.40% CAGR Driven by Risin …
Molasses Market was valued at USD 10.8 billion in 2023 and is expected to reach USD 20.53 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.40% during the forecast period from 2024 to 2032. The molasses market has witnessed significant growth in recent years, driven by a variety of factors such as the expanding food and beverage industry, increasing demand for organic products, and its utilization in
Microgreens Market to Hit USD 3.0 Billion by 2035 at 10.58% CAGR Driven by Rising Health Consciousness Trends
Microgreens Market to Hit USD 3.0 Billion by 2035 at 10.58% CAGR Driven by Risin …
Microgreens Market is set to experience substantial growth, fueled by rising health awareness and the growing popularity of urban farming. Valued at USD 0.9 billion in 2023, the market is projected to reach USD 3.0 billion by 2035, registering a strong CAGR of 10.58% between 2025 and 2035. The microgreens market is experiencing a rapid growth trajectory, fueled by increasing health consciousness, the rise of urban farming, and a growing demand
Medicinal Mushroom Market to Hit USD 16.92 Billion by 2035 at 6.66% CAGR Driven by Exotic Mushroom Demand
Medicinal Mushroom Market to Hit USD 16.92 Billion by 2035 at 6.66% CAGR Driven …
Medicinal Mushroom Market was valued at USD 8.89 billion in 2024 and is expected to increase to USD 9.45 billion in 2025. By 2035, the market is projected to reach USD 16.92 billion, growing at a compound annual growth rate (CAGR) of 6.66% during the forecast period. The medicinal mushroom market is experiencing a significant upward trajectory, driven by increasing consumer interest in natural remedies, holistic health, and functional foods. With

All 5 Releases


More Releases for Crab

Global Crab Market Size and Forecast Report 2024-2032
Global Crab Market Size The global crab market was valued at US$10.74 billion in 2023 and is projected to reach US$17.96 by 2032, at a CAGR of 5.88% from 2024 to 2032. The high demand for crab meat, which is used in various cuisines around the world, innovation in crab farming, and sustainable fisheries also boost the growth of this market. World Crab Outlooks Crabs are a type of crustacean characterized by their
Crustacean Industry to Witness Massive Growth (2024-2031) | Ichiboshi, RDM Aquac …
DataM Intelligence has published a new research report on "Crustacean Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status. Get a Free Sample Research PDF - https://datamintelligence.com/download-sample/crustacean-market The
Rising Preference for Crab and Crab-flavours to Drive Sales of Fish Surimi Marke …
Latest released report on the global surimi market by Fact.MR estimates that sales accounted for US$ 3.2 Bn in 2021, with the market projected to expand more than 1.8X by 2031. The surimi market witnessed a favourable demand-supply scenario from 2016 to 2020 due to stable global production and rising demand. Demand for surimi is expected to continue to rise from the food service and food manufacturing sector, and also among
Rising Preference for Crab and Crab-flavours to Drive Sales of Fish Surimi Marke …
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry. The report offers actionable
CRAB Module Scaffolds Market Size, Share, Development by 2024
Global Info Research offers a latest published report on CRAB Module Scaffolds Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global CRAB Module Scaffolds players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the CRAB Module Scaffolds with respect
Crab Market Real Time Analysis & Forecast 2018 - 2028
Global Crab Market: Overview The global crab market has witnessed rapid evolutionary dynamics in recent years. The demand has witnessed increasingly exciting dynamics most notably punctuated by alternating pick seasons and lull period for crab harvesters. One of the key underpinnings to the crab market has been the growing popularity of crab-based meal in restaurant menus in the U.S., South America, and parts of Europe. Crab harvesters and seafood lovers have