Crustacean Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for crustaceans. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights: Crustacean Market

Market Size (2024E): USD 120.9 million
Projected Market Value (2033F): USD 170.1 million
Global Market Growth Rate (CAGR 2024 to 2033): 3.9%

Crustacean Market - Report Scope:

The crustacean market encompasses a wide range of species and products, including shrimp, crab, lobster, and crayfish, among others. These seafood products are highly valued in global culinary traditions and are essential commodities in the seafood industry. The market serves diverse consumer segments, including restaurants, hotels, seafood retailers, and direct consumers.

Market Growth Drivers:

The global crustacean market is driven by several key factors, including increasing consumer demand for seafood as a protein source, rising disposable incomes, and expanding culinary diversity globally. Growing awareness of the health benefits associated with seafood consumption, such as high protein content and omega-3 fatty acids, further stimulates market growth. Technological advancements in aquaculture practices enhance production efficiencies and sustainability, supporting market expansion.

Market Restraints:

Despite robust growth prospects, the crustacean market faces challenges related to environmental sustainability, regulatory compliance in seafood harvesting and processing, and fluctuations in global seafood trade policies. Concerns over ocean pollution, climate change impacts on marine ecosystems, and seafood safety regulations pose operational challenges for market participants.

Market Opportunities:

The crustacean market presents significant growth opportunities driven by innovation in aquaculture technologies, expansion of distribution channels through e-commerce and seafood delivery services, and increasing consumer preference for sustainably sourced seafood products. Strategic collaborations along the seafood value chain, investment in eco-friendly aquaculture practices, and product differentiation through quality assurance certifications are essential to capitalize on emerging market opportunities.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the global crustacean market?
Which crustacean species and products are experiencing the highest demand in different regional markets?
How are technological advancements reshaping the competitive landscape of the crustacean market, particularly in aquaculture?
Who are the key players contributing to the crustacean market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global crustacean market?

Competitive Intelligence and Business Strategy:

Leading players in the global crustacean market, including Nippon Suisan Kaisha, Ltd.,High Liner Foods Inc.,Royal Greenland A/S,focus on sustainability, product quality, and market expansion strategies. These companies invest in research and development to improve aquaculture practices, ensure seafood traceability, and meet regulatory standards. Strategic partnerships with seafood distributors, retail chains, and culinary institutions enhance market reach and brand visibility globally.

Key Companies Profiled:

Nippon Suisan Kaisha, Ltd.
High Liner Foods Inc.
Royal Greenland A/S
The Clover Leaf Seafoods Family
Ocean America Food SA
SeaPak Shrimp & Seafood Company
DNI Group LLC
Surapon Foods Public Company Limited
Siam Canadian Group Limited
Sirena A/S
Trident Seafoods Corporation
International fishing farming holding company PJSC-Asmak
Morubel Maruha Nichiro Corporation
August Seafood

Crustaceans Industry Research by Category

By Type:

Lobsters
Shrimp
Crabs

By Origin:

Capture
Aquaculture

By End Use:

Retail
Foodservice Industry

By Distribution Channel:

Business to Business
Business to Consumer

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

Product Code: PMRREP14143

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features

5. Global Crustaceans Market Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Volume (KT) and Value (US$ Mn ) Analysis, 2019-2023
5.2. Current and Future Market Volume (KT) and Value (US$ Mn ) Projections, 2024-2033
5.3. Y-o-Y Growth Trend Analysis

6. Global Crustaceans Market - Pricing Analysis

6.1. Regional Pricing Analysis By Type
6.2. Pricing Break-up
- 6.2.1. Manufacturer Level Pricing
- 6.2.2. Distributor Level Pricing
6.3. Global Average Pricing Analysis Benchmark

7. Market Background

7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global Industry Value Added
- 7.1.3. Global Urbanization Growth Outlook
- 7.1.4. Global Food Security Index
- 7.1.5. Food Consumption Expenditure
7.2. Seafood Industry Outlook
- 7.2.1. Per Capita Consumption of seafood
- 7.2.2. Per Capita Consumption of crustaceans
7.3. Production Analysis of Crustaceans
- 7.3.1. Top Shrimp Producing Countries
- 7.3.2. Top Crab Producing Countries
- 7.3.3. Top Lobster Producing Countries
7.4. Trade Analysis of Crustacean
- 7.4.1. Top Exporting Countries of Crustaceans, by species
- 7.4.2. Top Importing Countries of Crustaceans, by species
7.5. Global Aquaculture Industry Outlook
7.6. Supply-Chain Analysis
7.7. Key Regulation
7.8. Market Dynamics
- 7.8.1. Drivers
- 7.8.2. Restraints
- 7.8.3. Opportunity Analysis
7.9. Forecast Factors - Relevance & Impact

8. Global Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033, By Type

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn ) and Volume Analysis By Type, 2019-2023
8.3. Current and Future Market Size (US$ Mn ) and Volume Analysis and Forecast By Type, 2024-2033
- 8.3.1. Lobster
- 8.3.2. Shrimp
- 8.3.3. Crab
- 8.3.4. Others
8.4. Market Attractiveness Analysis By Type

9. Global Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033, By Origin

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn ) and Volume Analysis By Origin, 2019-2023
9.3. Current and Future Market Size (US$ Mn ) and Volume Analysis and Forecast By Origin, 2024-2033
- 9.3.1. Capture
- 9.3.2. Aquaculture
9.4. Market Attractiveness Analysis By Origin

10. Global Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033, By End-use

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn ) and Volume Analysis By End-use, 2019-2023
10.3. Current and Future Market Size (US$ Mn ) and Volume Analysis and Forecast By End-use, 2024-2033
- 10.3.1. Retail
- 10.3.2. Foodservice Industry
- 10.3.3. Commercial
  - 10.3.3.1. Food Industry
  - 10.3.3.2. Pharmaceutical Industry
  - 10.3.3.3. Cosmetic Industry
  - 10.3.3.4. Others
10.4. Market Attractiveness Analysis By End-use

11. Global Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033, By Distribution Channel

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn ) and Volume Analysis By Distribution Channel , 2019-2023
11.3. Current and Future Market Size (US$ Mn ) and Volume Analysis and Forecast By Distribution Channel , 2024-2033
- 11.3.1. Business to Business
- 11.3.2. Business to Consumer
  - 11.3.2.1. Hypermarkets/Supermarkets
  - 11.3.2.2. Convenience Stores
  - 11.3.2.3. Fish Shops
  - 11.3.2.4. Online Retail
11.4. Market Attractiveness Analysis By Distribution Channel

12. Global Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033, By Region

12.1. Introduction
12.2. Historical Market Size (US$ Mn ) and Volume Analysis By Region, 2019-2023
12.3. Current Market Size (US$ Mn ) and Volume Analysis and Forecast By Region, 2024-2033
- 12.3.1. North America
- 12.3.2. Latin America
- 12.3.3. Europe
- 12.3.4. South Asia & Pacific
- 12.3.5. East Asia
- 12.3.6. Middle East and Africa (MEA)
12.4. Market Attractiveness Analysis By Region

13. North America Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Historical Market Size (US$ Mn ) and Volume Trend Analysis By Market Taxonomy, 2019-2023
13.3. Market Size (US$ Mn ) and Volume Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Country
  - 13.3.1.1. U.S.
  - 13.3.1.2. Canada
- 13.3.2. By Type
- 13.3.3. By Origin
- 13.3.4. By End-use
- 13.3.5. By Distribution Channel
13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Type
- 13.4.3. By Origin
- 13.4.4. By End-use
- 13.4.5. By Distribution Channel
13.5. Drivers and Restraints - Impact Analysis

14. Latin America Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Mn ) and Volume Trend Analysis By Market Taxonomy, 2019-2023
14.3. Market Size (US$ Mn ) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
  - 14.3.1.1. Brazil
  - 14.3.1.2. Mexico
  - 14.3.1.3. Argentina
  - 14.3.1.4. Rest of Latin America
- 14.3.2. By Type
- 14.3.3. By Origin
- 14.3.4. By End-use
- 14.3.5. By Distribution Channel
14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Type
- 14.4.3. By Origin
- 14.4.4. By End-use
- 14.4.5. By Distribution Channel
14.5. Drivers and Restraints - Impact Analysis

15. Europe Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Mn ) and Volume Trend Analysis By Market Taxonomy, 2019-2023
15.3. Market Size (US$ Mn ) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
  - 15.3.1.1. Germany
  - 15.3.1.2. Italy
  - 15.3.1.3. France
  - 15.3.1.4. U.K.
  - 15.3.1.5. Spain
  - 15.3.1.6. BENELUX
  - 15.3.1.7. Nordic
  - 15.3.1.8. Russia
  - 15.3.1.9. Rest of Europe
- 15.3.2. By Type
- 15.3.3. By Origin
- 15.3.4. By End-use
- 15.3.5. By Distribution Channel
15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Type
- 15.4.3. By Origin
- 15.4.4. By End-use
- 15.4.5. By Distribution Channel
15.5. Drivers and Restraints - Impact Analysis

16. South Asia & Pacific Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Historical Market Size (US$ Mn ) and Volume Trend Analysis By Market Taxonomy, 2019-2023
16.3. Market Size (US$ Mn ) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
  - 16.3.1.1. India
  - 16.3.1.2. Indonesia
  - 16.3.1.3. Thailand
  - 16.3.1.4. Malaysia
  - 16.3.1.5. Australia
  - 16.3.1.6. New Zealand
  - 16.3.1.7. Rest of South Asia & Pacific
- 16.3.2. By Type
- 16.3.3. By Origin
- 16.3.4. By End-use
- 16.3.5. By Distribution Channel
16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Type
- 16.4.3. By Origin
- 16.4.4. By End-use
- 16.4.5. By Distribution Channel
16.5. Drivers and Restraints - Impact Analysis

17. East Asia Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Historical Market Size (US$ Mn ) and Volume Trend Analysis By Market Taxonomy, 2019-2023
17.3. Market Size (US$ Mn ) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.3.1. By Country
  - 17.3.1.1. China
  - 17.3.1.2. Japan
  - 17.3.1.3. South Korea
- 17.3.2. By Type
- 17.3.3. By Origin
- 17.3.4. By End-use
- 17.3.5. By Distribution Channel
17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Type
- 17.4.3. By Origin
- 17.4.4. By End-use
- 17.4.5. By Distribution Channel
17.5. Drivers and Restraints - Impact Analysis

18. Middle East and Africa Crustaceans Market Analysis 2019-2023 and Forecast 2024-2033

18.1. Introduction
18.2. Historical Market Size (US$ Mn ) and Volume Trend Analysis By Market Taxonomy, 2019-2023
18.3. Market Size (US$ Mn ) and Volume Forecast By Market Taxonomy, 2024-2033
- 18.3.1. By Country
  - 18.3.1.1. GCC Countries
  - 18.3.1.2. South Africa
  - 18.3.1.3. Rest of Middle East and Africa
- 18.3.2. By Type
- 18.3.3. By Origin
- 18.3.4. By End-use
- 18.3.5. By Distribution Channel
18.4. Market Attractiveness Analysis
- 18.4.1. By Country
- 18.4.2. By Type
- 18.4.3. By Origin
- 18.4.4. By End-use
- 18.4.5. By Distribution Channel
18.5. Drivers and Restraints - Impact Analysis

19. Country Wise Crustacean Market Analysis, 2024

19.1. Introduction
- 19.1.1. Market Value Proportion Analysis, By Key Countries
- 19.1.2. Global Vs. Country Growth Comparison
19.2. U.S. Crustacean Market Analysis
- 19.2.1. By Type
- 19.2.2. By Origin
- 19.2.3. By End-use
- 19.2.4. By Distribution Channel
19.3. Canada Crustacean Market Analysis
- 19.3.1. By Type
- 19.3.2. By Origin
- 19.3.3. By End-use
- 19.3.4. By Distribution Channel
19.4. Mexico Crustacean Market Analysis
- 19.4.1. By Type
- 19.4.2. By Origin
- 19.4.3. By End-use
- 19.4.4. By Distribution Channel
19.5. Brazil Crustacean Market Analysis
- 19.5.1. By Type
- 19.5.2. By Origin
- 19.5.3. By End-use
- 19.5.4. By Distribution Channel
19.6. Argentina Crustacean Market Analysis
- 19.6.1. By Type
- 19.6.2. By Origin
- 19.6.3. By End-use
- 19.6.4. By Distribution Channel
19.7. Germany Crustacean Market Analysis
- 19.7.1. By Type
- 19.7.2. By Origin
- 19.7.3. By End-use
- 19.7.4. By Distribution Channel
19.8. Italy Crustacean Market Analysis
- 19.8.1. By Type
- 19.8.2. By Origin
- 19.8.3. By End-use
- 19.8.4. By Distribution Channel
19.9. France Crustacean Market Analysis
- 19.9.1. By Type
- 19.9.2. By Origin
- 19.9.3. By End-use
- 19.9.4. By Distribution Channel
19.10. U.K. Crustacean Market Analysis
- 19.10.1. By Type
- 19.10.2. By Origin
- 19.10.3. By End-use
- 19.10.4. By Distribution Channel
19.11. Spain Crustacean Market Analysis
- 19.11.1. By Type
- 19.11.2. By Origin
- 19.11.3. By End-use
- 19.11.4. By Distribution Channel
19.12. Russia Crustacean Market Analysis
- 19.12.1. By Type
- 19.12.2. By Origin
- 19.12.3. By End-use
- 19.12.4. By Distribution Channel
19.13. Poland Crustacean Market Analysis
- 19.13.1. By Type
- 19.13.2. By Origin
- 19.13.3. By End-use
- 19.13.4. By Distribution Channel
19.14. China Crustacean Market Analysis
- 19.14.1. By Type
- 19.14.2. By Origin
- 19.14.3. By End-use
- 19.14.4. By Distribution Channel
19.15. Japan Crustacean Market Analysis
- 19.15.1. By Type
- 19.15.2. By Origin
- 19.15.3. By End-use
- 19.15.4. By Distribution Channel
19.16. S. Korea Crustacean Market Analysis
- 19.16.1. By Type
- 19.16.2. By Origin
- 19.16.3. By End-use
- 19.16.4. By Distribution Channel
19.17. India Crustacean Market Analysis
- 19.17.1. By Type
- 19.17.2. By Origin
- 19.17.3. By End-use
- 19.17.4. By Distribution Channel
19.18. Turkey Crustacean Market Analysis
- 19.18.1. By Type
- 19.18.2. By Origin
- 19.18.3. By End-use
- 19.18.4. By Distribution Channel
19.19. South Africa Crustacean Market Analysis
- 19.19.1. By Type
- 19.19.2. By Origin
- 19.19.3. By End-use
- 19.19.4. By Distribution Channel

20. Market Structure Analysis

20.1. Market Analysis By Tier of Companies
20.2. Market Concentration
20.3. Market Presence Analysis

21. Competition Analysis

21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
- 21.3.1. Nippon Suisan Kaisha, Ltd.
  - 21.3.1.1. Overview
  - 21.3.1.2. Product Portfolio
  - 21.3.1.3. Sales Footprint
  - 21.3.1.4. Strategy Overview
  - 21.3.1.5. Key Developments/Key Takeaways
- 21.3.2. High Liner Foods Inc.
  - 21.3.2.1. Overview
  - 21.3.2.2. Product Portfolio
  - 21.3.2.3. Sales Footprint
  - 21.3.2.4. Strategy Overview
  - 21.3.2.5. Key Developments/Key Takeaways
- 21.3.3. Royal Greenland A/S
  - 21.3.3.1. Overview
  - 21.3.3.2. Product Portfolio
  - 21.3.3.3. Sales Footprint
  - 21.3.3.4. Strategy Overview
  - 21.3.3.5. Key Developments/Key Takeaways
- 21.3.4. The Clover Leaf Seafoods Family
  - 21.3.4.1. Overview
  - 21.3.4.2. Product Portfolio
  - 21.3.4.3. Sales Footprint
  - 21.3.4.4. Strategy Overview
  - 21.3.4.5. Key Developments/Key Takeaways
- 21.3.5. Ocean America Food SA
  - 21.3.5.1. Overview
  - 21.3.5.2. Product Portfolio
  - 21.3.5.3. Sales Footprint
  - 21.3.5.4. Strategy Overview
  - 21.3.5.5. Key Developments/Key Takeaways
- 21.3.6. Rich Products Corporation
  - 21.3.6.1. Overview
  - 21.3.6.2. Product Portfolio
  - 21.3.6.3. Sales Footprint
  - 21.3.6.4. Strategy Overview
  - 21.3.6.5. Key Developments/Key Takeaways
- 21.3.7. DNI Group LLC
  - 21.3.7.1. Overview
  - 21.3.7.2. Product Portfolio
  - 21.3.7.3. Sales Footprint
  - 21.3.7.4. Strategy Overview
  - 21.3.7.5. Key Developments/Key Takeaways
- 21.3.8. Surapon Foods Public Company Limited
  - 21.3.8.1. Overview
  - 21.3.8.2. Product Portfolio
  - 21.3.8.3. Sales Footprint
  - 21.3.8.4. Strategy Overview
  - 21.3.8.5. Key Developments/Key Takeaways
- 21.3.9. Siam Canadian Group Limited
  - 21.3.9.1. Overview
  - 21.3.9.2. Product Portfolio
  - 21.3.9.3. Sales Footprint
  - 21.3.9.4. Strategy Overview
  - 21.3.9.5. Key Developments/Key Takeaways
- 21.3.10. Sirena A/S
  - 21.3.10.1. Overview
  - 21.3.10.2. Product Portfolio
  - 21.3.10.3. Sales Footprint
  - 21.3.10.4. Strategy Overview
  - 21.3.10.5. Key Developments/Key Takeaways
- 21.3.11. Trident Seafoods Corporation
  - 21.3.11.1. Overview
  - 21.3.11.2. Product Portfolio
  - 21.3.11.3. Sales Footprint
  - 21.3.11.4. Strategy Overview
  - 21.3.11.5. Key Developments/Key Takeaways
- 21.3.12. International fishing farming holding company PJSC-Asmak
  - 21.3.12.1. Overview
  - 21.3.12.2. Product Portfolio
  - 21.3.12.3. Sales Footprint
  - 21.3.12.4. Strategy Overview
  - 21.3.12.5. Key Developments/Key Takeaways
- 21.3.13. Morubel
  - 21.3.13.1. Overview
  - 21.3.13.2. Product Portfolio
  - 21.3.13.3. Sales Footprint
  - 21.3.13.4. Strategy Overview
  - 21.3.13.5. Key Developments/Key Takeaways
- 21.3.14. Maruha Nichiro Corporation
  - 21.3.14.1. Overview
  - 21.3.14.2. Product Portfolio
  - 21.3.14.3. Sales Footprint
  - 21.3.14.4. Strategy Overview
  - 21.3.14.5. Key Developments/Key Takeaways
- 21.3.15. August Seafood
  - 21.3.15.1. Overview
  - 21.3.15.2. Product Portfolio
  - 21.3.15.3. Sales Footprint
  - 21.3.15.4. Strategy Overview
  - 21.3.15.5. Key Developments/Key Takeaways