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Rising Consumer Demand for Seafood Fuels The Market Growth With Increasing Focus On Sustainable Aquaculture And Supply Chain Innovations: Key Factor Driving The Growth In The Bivalve Market
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.What Is the Expected Bivalve Market Size During the Forecast Period?
The market size of bivalve has experienced consistent growth over the past few years. It is projected to increase from $23.22 billion in 2024 to $24.30 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%. This increase during the historic period can be credited to the escalating consumer demand for seafood, the expansion of global trade and demand for bivalves, a surge in seafood exports, the popularity of gourmet seafood diets, and increased understanding of the health and nutritional benefits of bivalve products.The bivalve market is predicted to have a consistent rise in growth over the coming years, reaching a valuation of $28.86 billion in 2029 with a 4.4% CAGR. This anticipated expansion in the forecasting period can be credited to ecologically sound aquaculture methods, rising concerns about conserving marine environments, escalated demand for top-tier products, an increasing inclination towards food sources that are calorically low, protein-rich, and abundant in nutrients, along with backing from government bodies and industry organizations focused on endorsing sustainable seafood practices. Notable trends expected during the forecast period encompass advancements in offshore farming and recirculating aquaculture systems, progress in genetics related to selective breeding, sophisticated eco-friendly harvesting technologies, an uptick in innovation in processed bivalve product creation, and the formulation of farming techniques for bivalves that can withstand changes in the climate.
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What Are the High-Growth Segments in the Bivalve Market?
The bivalve market covered in this report is segmented -
1) By Type: Clams, Oysters, Mussels, Scallops, Cockles
2) By Process: Harvesting, Shucking, Purification, Packaging
3) By Services: Aquaculture, Fishing, Processing, Distribution, Retail, Wholesale
4) By Application: Food Industry, Pharmaceuticals, Cosmetics, Nutraceuticals, Animal Feed
5) By End-User: Restaurants, Hotels, Supermarkets, Specialty Stores, Online Retail
Subsegments:
1) By Clams: Hard Clams, Soft Shell Clams, Razor Clams, Manila Clams
2) By Oysters: Pacific Oysters, Atlantic Oysters, Kumamoto Oysters, European Flat Oysters
3) By Mussels: Blue Mussels, Green Mussels, Black Mussels
4) By Scallops: Sea Scallops, Bay Scallops, Giant Scallops
5) By Cockles: Common Cockles, Heart Cockles, Edible Cockles
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What Key Drivers Are Expected to Influence Future Bivalve Market Growth?
The surge in consumer demand for seafood products is predicted to boost the bivalve market's expansion in the future. Seafood, which includes edible ocean life such as fish, shellfish, and a variety of other marine species, is prized for its nutritional value. The appeal of seafood is on the rise due to shifts in diet, amplified disposable income, and increased recognition of the health advantages it confers. As consumers veer towards healthier, protein-dense meals, bivalves have gained momentum due to their abundant nutritional content, which includes omega-3 fatty acids and crucial minerals. For instance, Sea fish, a UK public body supporting the seafood business, reported in October 2023 that the UK imported seafood worth £286.3 ($323.77) million from Iceland in 2022, which represented 8% of the total £3.64 ($4.11) billion in seafood imports. This is a £31.2 ($35.28) million increase (+12%) from 2021. As such, the burgeoning consumer interest in seafood products is fuelling the development of the bivalve market.
Which Companies Hold the Largest Share Across Different Bivalve Market Segments?
Major companies operating in the bivalve market are Pacific Seafood, Sanford Limited, Taylor Shellfish Farms, Inverlussa Marine Services, Atlantic Aqua Farms, Hollywood Oyster Company, Fishers Island Oyster Farm, Lowcountry Oyster Company, Tomales Bay Oyster Company, Pemaquid Mussel Farms, Omega Seafood, Gamble Creek Farms, Ward Aquafarms LLC, Salt Revival Oyster Co., Dibba Bay Oysters, Offshore Shellfish Ltd., Nora Midye, Fassfern Mussels Limited, Cherrystone Aqua-Farms, Nazaré, Abemama Hotel
What Trends Are Driving Growth in The Bivalve Market?
Key businesses in the bivalve industry have been concentrating on the production of advanced offerings like oyster brands to satisfy high-end consumer requirements. An oyster brand is essentially a registered mark used to promote oysters that possess special characteristics such as origin, superior taste, and environmentally friendly farming methods. Elements like breeding region, environmental conservancy, and freshness are underscored to appeal to sophisticated customers. For example, in September 2024, Oyster Coast from Australia, a domestic firm with an integrated oyster operation, introduced Oystersmiths, a brand created to cater to the rising need for healthy, sustainable seafood. The Oystersmiths brand aims to favourably impress customers seeking top-tier, green products, by providing a specially selected variety of oyster species, such as rock, Pacific, and angasi oysters. The introduction complements the growing market focus on sustainability and oysters' nutritional content, known for being high in essential nutrients like vitamins, minerals, zinc, and omega-3 fatty acids.
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What Are the Emerging Geographies for The Bivalve Market Growth?
Asia-Pacific was the largest region in the bivalve market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the bivalve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Bivalve Market?
2. What is the CAGR expected in the Bivalve Market?
3. What Are the Key Innovations Transforming the Bivalve Industry?
4. Which Region Is Leading the Bivalve Market?
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