Crustacean Market Poised to Garner Maximum Revenues During 2017 - 2025

Rising sea levels, global warming, increased emission of greenhouse gasses, and abrupt changes in weather pattern have significantly affected the marine ecosystem globally. These factors may limit the aquaculture and farming activities. However, some improved aquaculture activities in some developed countries and higher purchasing power are expected to propel the global crustacean market towards the steady growth. New and advanced aquaculture opportunities are expected to gain traction in global crustacean market over the forecast period.

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The global Crustacean Market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The top crustacean consuming countries include U.S., Spain, China, Canada, Vietnam, India, and Japan. The Latin America and North America are the top regions for the high consumption of crustacean, especially shrimp. The U.S. hold the largest seafood market followed by China and Japan. In some countries like Japan and China, crustaceans are the major part of the diet. In Western Europe, Spain holds the largest fish processing industry and seafood market. In APEJ region, the steady demand in the population of China and India and improved economic conditions is expected to escalate the demand for crustacean over the forecast period.

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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