Crab Market by Type, Form, Distribution Channel, End-User

List of Tables

[195 Pages Report] The Crab Market size was estimated at USD 10.54 billion in 2023 and expected to reach USD 11.20 billion in 2024, at a CAGR 6.35% to reach USD 16.23 billion by 2030.

A crab is a type of aquatic arthropod that belongs to the infraorder Brachyura, characterized by a very short projecting abdomen, usually hidden entirely under the thorax. Crabs are distinguished by their paired claws, also known as chelae, and a wide, flat exoskeleton. These creatures are predominantly found in all of the world's oceans, in freshwater, and on land, particularly in tropical regions. The growth of the crab market is propelled by increasing consumer demand driven by a growing awareness of the health advantages associated with seafood consumption, rising disposable incomes, and the global expansion of food service industries. However, environmental concerns, such as overfishing and habitat destruction, threaten the long-term sustainability of crab populations. Climate change also poses unforeseen challenges, potentially disrupting traditional fishing areas and seasons. Nevertheless, advances in aquaculture technology have made crab farming more feasible and environmentally sustainable, potentially supplementing wild catches. The expanding global trade infrastructure offers new markets for crab products while innovative culinary trends continue to stimulate demand.

KEY MARKET STATISTICS
Base Year [2023]	USD 10.54 billion
Estimated Year [2024]	USD 11.20 billion
Forecast Year [2030]	USD 16.23 billion
CAGR (%)	6.35%

Type: Burgeoning usage of estuarine crabs adaptable to varying salinity levels

Estuarine crabs, often found in the brackish waters of estuaries where saltwater and freshwater mix, represent a key segment in the crab market. These species, including the blue crab and the mud crab, are highly valued for their culinary uses. Their adaptation to varying salinity levels makes them resilient, although their habitats are sensitive to pollution and environmental changes, impacting their availability and market dynamics. Freshwater crabs are primarily found in rivers, lakes, and streams away from the oceanic influences. Unlike their marine counterparts, these crabs have adapted to living in entirely fresh water. Species such as the European freshwater crab and the Chinese mitten crab are noteworthy. They serve as food sources in specific cultures and play essential roles in their ecosystems. The market for freshwater crabs focuses on both consumption and the aquarium trade, presenting unique challenges and opportunities in sustainability and conservation efforts. Marine crabs, thriving in saltwater environments ranging from the shoreline to the deep sea, constitute the largest category. This group includes species such as the Dungeness crab, king crab, and snow crab, which are highly pursued in the seafood market for their taste and size. Harvesting marine crabs is a significant economic activity, closely regulated to prevent overfishing and ensure sustainability. Market trends for marine crabs are influenced by factors such as fishing quotas, seasonal availability, and global demand.

End-User: Evolving utilization of crabs by food service provider

Food processing companies play a crucial role in the crab market as significant end-users. They transform raw crabs into products such as canned crab meat, crab cakes, crab spreads, and more, making them shelf-stable and ready-to-eat for consumers. These entities leverage advanced processing techniques to preserve the quality and flavor of crab meat, adhering to strict food safety standards. Their operations are pivotal in making crab accessible to a broader audience, contributing to market growth by supplying supermarkets, grocery stores, and other retail outlets. Food service providers, encompassing restaurants, cafeterias, and catering services, represent a significant portion of the crab market's end-users. They demand high-quality crab products for their menus, ranging from luxurious crab-based dishes in fine dining settings to more casual crab meals. This sector values freshness, flavor, and sustainably sourced crabs, often highlighting these qualities to attract seafood enthusiasts. Their procurement practices can influence market trends, prices, and demand within the crab industry. Households stand as a cornerstone end-user in the crab market, with consumer preferences and purchasing habits directly influencing market dynamics. Families and individuals incorporate crab into their diets for its health benefits and flavor and as part of culinary traditions. The demand from this sector varies, ranging from whole crabs to processed crab products, including meat and cakes suitable for home cooking. Market trends such as organic and sustainably sourced crabs are increasingly crucial to this group, affecting their buying decisions and, subsequently, the market.

Regional Insights

Crab fishing is a significant industry focusing on species, including the King Crab and Snow Crab in the Americas, particularly in regions such as Alaska and Canada. Production practices are highly regulated to ensure sustainability, with strict quotas and seasonal restrictions. Government initiatives often involve conservation and research to support the industry's longevity. Companies are typically larger, vertically integrated entities that handle everything from catching to processing and distribution. In contrast, the APAC region, led by countries such as China and the Philippines, shows a higher diversity in crab species utilized, with a notable emphasis on aquaculture for species including the Mud Crab. Governments in this region actively promote aquaculture through incentives and infrastructure support, aiming to increase production and export. The industry comprises a mix of large-scale operations and small, family-run farms, contributing to a more fragmented market. Meanwhile, the EMEA region presents a less intensive crab market, focusing on local consumption and selective export. European countries, including the UK and Norway, manage crab populations, aiming toward sustainability enforcing quotas and size limits. Governmental support in EMEA often comes from research funding and promoting sustainable fishing practices. The company landscape in EMEA is diverse, ranging from small-scale artisanal operators to larger entities focusing on niche markets.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Crab Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Crab Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Crab Market, highlighting leading vendors and their innovative profiles. These include Aqua Star Corp., Bumble Bee Foods, LLC, Clearwater Seafoods Incorporated, High Liner Foods Incorporated, JM Clayton Seafood Company, KEYPORT LLC, Maine Lobster Now LLC, Maruha Nichiro Corporation, Mazzetta Company, LLC, Millennium Ocean Star Corporation, Ocean Choice International L.P., Ocean More Foods Co., Limited, Pacific Cove, Pacific Seafood Group, Phil-Union Frozen Foods Inc., Phillips Foods, Inc., PT. Crab Processor Indonesia, SEA DELIGHT LLC, Seaview Crab Co., Shanghai Fisheries General Corporation, Sogelco International Inc., Stavis Seafoods, Supreme Crab and Seafood Inc., Thai Union Group PLC, Trident Seafoods Corporation, and Young's Seafood Limited.

Market Segmentation & Coverage

This research report categorizes the Crab Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Estuarine Crabs
- Freshwater Crabs
- Marine Crabs

Form
- Fresh
- Frozen

Distribution Channel
- Offline
  - Convenience Stores
  - Fish Mongers
  - Hypermarkets & Supermarkets

Online

End-User
- Food Processing
- Food Service Provider
- Household

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Crab Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Crab Market?

3. What are the technology trends and regulatory frameworks in the Crab Market?

4. What is the market share of the leading vendors in the Crab Market?

5. Which modes and strategic moves are suitable for entering the Crab Market?

Product Code: MRR-4E447E7FCA99

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing awareness about the health benefits associated with crab consumption
  - 5.1.1.2. Expanding global trade infrastructure and accelerated adoption of online platforms across economies
  - 5.1.1.3. Rising collaboration between local governments and international bodies
- 5.1.2. Restraints
  - 5.1.2.1. Threat to the long-term sustainability of crab populations due to overfishing and habitat destruction
- 5.1.3. Opportunities
  - 5.1.3.1. Investments and advancements in aquaculture technology and sustainable fishing practices
  - 5.1.3.2. Expanding innovations in crab-based food products to cater to various dietary preferences
- 5.1.4. Challenges
  - 5.1.4.1. Regulatory compliance regarding fishing rights and sustainability standards
5.2. Market Segmentation Analysis
- 5.2.1. Type: Burgeoning usage of estuarine crabs adaptable to varying salinity levels
- 5.2.2. End-User: Evolving utilization of crabs by food service provider
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Crab Market, by Type

6.1. Introduction
6.2. Estuarine Crabs
6.3. Freshwater Crabs
6.4. Marine Crabs

7. Crab Market, by Form

7.1. Introduction
7.2. Fresh
7.3. Frozen

8. Crab Market, by Distribution Channel

8.1. Introduction
8.2. Offline
8.3. Online

9. Crab Market, by End-User

9.1. Introduction
9.2. Food Processing
9.3. Food Service Provider
9.4. Household

10. Americas Crab Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Crab Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Crab Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Captain Fresh Grows International Footprint With Acquisition of Censea
- 13.3.2. Blue Swimming Crab Agreement Signed with Private Sector Entities
- 13.3.3. Blue Star to Expand Crab RAS Operations in South Carolina
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio