Caviar Market Size, Share & Trends Analysis Report By Product (Sevruga, Ostera, Salmon, Sushi), By Form (Fresh, Dried, Preserved & Frozen), By Application (Restaurants, Household), By Region, And Segment Forecasts, 2024 - 2030

Caviar Market Size, Share & Trends Analysis Report By Product (Sevruga, Ostera, Salmon, Sushi), By Form (Fresh, Dried, Preserved & Frozen), By Application (Restaurants, Household), By Region, And Segment Forecasts, 2024 - 2030

Caviar Market Growth & Trends

The global caviar market size is anticipated to reach USD 709.0 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.9% from 2024 to 2030. Increasing use of caviar as seasoning or to sprinkle it on various food items such as pizza, burgers, sandwiches, ice cream, along with associated health benefits, is expected to propel the market demand over the forecast period.

Asia Pacific has been the fastest growing regional market in the world owing to increase in imports and exports, rapidly developing economies, and availability of a variety of fishes in the region. The market in Asia Pacific is anticipated to gain momentum due to high demand from developing countries like Japan and China.

The industry is witnessing rapid growth as caviar and related products have found wide applications in different sectors. The profitability aspects and rising demand from the consumers to compensate for their nutrient deficiencies are likely to attract new players and eventually benefit the market expansion.

Use of caviar in cosmetic products and health supplements is the latest trend in the market, which enables custom manufacturers to meet the desired product specifications by the customers. Restaurants has been the largest application segment for this product, wherein caviar is used in different food items, which not just improves taste but also makes them healthy.

Caviar Market Report Highlights

• Sevruga dominated the market and accounted for a market revenue share of 31.2% in 2023. Known for its smaller eggs and more intense, nutty flavor than other types of caviar, Sevruga appeals to connoisseurs and new consumers seeking a distinctive luxury food experience.
• The fresh form accounted for the largest market revenue share in 2023. Fresh caviar provides superior taste and texture compared to its processed counterparts.
• Restaurants accounted for the largest market revenue share in 2023. Consumers increasingly seek luxurious and unique dining experiences that offer more than just a meal.
• Asia Pacific caviar market accounted for the largest market revenue share of 32.0% in 2023. There is a burgeoning interest in high-end dining experiences across major Asian cities, driven by a desire for luxury and unique food experiences.

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