Press release
Crustaceans Market Value is Expected to Rise to US$ 147 Bn by 2025
These factors vary in magnitude in different regions for which a detailed analysis is covered in this research report. Along with this, a detailed competition assessment and forecasts for a period of eight years, from 2017-2025, are elaborated with respect to each segment and sub-segment of the global crustaceans market.
Report Overview @ https://www.persistencemarketresearch.com/market-research/crustacean-market.asp
Global Crustaceans Market: Forecast Highlights
According to the research report on crustaceans market, the global market is expected to witness a 1.4 times increase in revenue from 2017 till 2025. In 2017, the global crustaceans market was valued at about US$ 104 Bn and it is anticipated to touch a valuation of more than US$ 147 Bn by the end of the year of assessment (2025). The global market for crustaceans is projected to expand at a value CAGR of 4.5% throughout the forecast period.
Increasing Consumer Demand for Frozen and Fresh Food Products to Positively Influence Global Market Growth
Population worldwide is more inclined towards fresh and frozen food products. Owing to the fast pace in life, several individuals prefer frozen products as they are convenient to carry and eat and do not take much time for preparation.
Additionally, the preference of sea food is increasing across the globe. For instance, about three fourth of the US population consumes sea food products that are fresh and frozen and over 50 percent of fresh and frozen products are finfish in this region. The demand for crustaceans across the globe is the highest. The availability of fresh and frozen crustaceans is contributing to the growth of the global crustaceans market.
Request for Table of Contents @ https://www.persistencemarketresearch.com/market-research/crustacean-market/toc
Growing Per Capita Consumption of Fish and Seafood to be Observed Worldwide
The increasing preference for healthy diet is being witnessed across the globe. The rising inclination towards animal protein is observed, especially among youngsters due to the awareness regarding the benefits they provide. Moreover, easy availability of animal proteins coupled with rising per capita income and expenditure have a positive impact on the growth of the animal proteins market, especially seafood.
Population Explosion in Asia Pacific to Drive Revenue Growth of the Global Market
Asia Pacific region is expected to show high growth potential in the global crustaceans market. The demand for seafood products in Asia Pacific has risen owing to increasing urban population, especially in emerging economies of India and China.
According to our research, increasing expenditure on seafood products is expected grow in the coming years, thus largely contributing to the growth of the global crustaceans market. Also, increasing per capita household consumption and expenditure in India and China is expected further push the growth of the crustaceans market in Asia Pacific. In addition, higher production at lower cost in Asia Pacific is driving the market’s growth.
Over 70 percent of shrimp’s production in the global market is from Asia Pacific. Ease of availability, higher nutritional content and lower product price are the key factors driving demand for Crustaceans in developing countries of Asia Pacific. According to the research, crustaceans market in Asia Pacific is expected to touch a valuation of more than US$ 60 Bn by the end of the year of assessment.
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/14143
Competitive Landscape
The research report includes analysis of the companies that are operating the global crustaceans market. The companies profiled in this report include Charoen Pokphand Food PCL, High Liner Foods Inc., Royal Greenland A/S, The Clover Leaf Seafoods Family, Ocean America Food SA, Rich Products Corporation, Trident Seafoods Corporation, International Fishing Farming Holding Company PJSC-Asmak, DNI Group LLC, Surapon Foods Public Company Limited, Siam Canadian Group Limited, Sirena A/S, Morubel, Blue Star Seafood Co. Ltd., and Maruha Nichiro Corporation.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
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 Crustaceans Market Value is Expected to Rise to US$ 147 Bn by 2025 here
News-ID: 980109 • Views: …
More Releases from Persistence Market Research
Global Oil Breather Tank Market Expected to Register 4.8% CAGR, Reaching USD 13. …
The global oil breather tank market is poised for steady growth over the next decade. Valued at US$ 9.83 billion in 2024, the market is expected to reach US$ 13.65 billion by 2031, reflecting a CAGR of 4.8% during the forecast period. This growth is driven by the rising demand for reliable engine ventilation systems across various industries, including automotive, heavy machinery, and industrial equipment. Oil breather tanks play a…
Data Catalog Market Projected to Reach USD 2,911.9 Million by 2032, Growing at a …
The global data catalog market is rapidly evolving as organizations seek to manage and leverage their data more effectively. A data catalog serves as a comprehensive system that organizes, administers, and catalogs metadata, providing a centralized repository for all an organization's data assets. Functioning as a navigational tool, it allows users to explore and understand accessible data resources, enhancing both visibility and usability. This is critical for improving data governance,…
Carob extract market to grow from $245 Mn in 2025 to $356.4 Mn by 2032, driven b …
Overview of the Market
The global carob extract market is steadily gaining momentum as consumer preferences shift towards natural, plant-based, and health-oriented food products. Carob extract, derived from the pods of the carob tree, is widely used as a natural sweetener, cocoa substitute, and functional ingredient in food, beverages, pharmaceuticals, and nutraceuticals. With rising awareness about the adverse effects of artificial sweeteners and synthetic flavorings, carob extract has become a sought-after…
Supply Chain Management BPO Market Expected to Hit USD 58 Billion by 2032
The global supply chain management BPO market is undergoing a transformative phase as businesses increasingly outsource their supply chain functions to enhance efficiency, reduce operational costs, and leverage advanced technologies. Supply Chain Management (SCM) BPO services encompass a wide range of processes, including procurement, inventory management, logistics, order fulfillment, and supplier relationship management. With globalization and the rapid growth of e-commerce, organizations are prioritizing operational excellence and agility, driving demand…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
