Global Crab Market 2024-2028

Global Crab Market 2024-2028

The crab market is forecasted to grow by USD 5.65 bn during 2023-2028, accelerating at a CAGR of 5.71% during the forecast period. The report on the crab market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness about the nutritional benefits of crabs, the expansion of retail stores offering crabs, and the growing prominence of land-based aquaculture.

Technavio's crab market is segmented as below:

By End-user

• Foodservice
• Retail

By Environment

• Aquaculture
• Capture fisheries

By Geographical Landscape

• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the increasing prominence of clean labeling of crabs as one of the prime reasons driving the crab market growth during the next few years. Also, the emergence of sustainable fishing practices and growth in online retailing will lead to sizable demand in the market.

The report on the crab market covers the following areas:

• Crab market sizing
• Crab market forecast
• Crab market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crab market vendors that include Admiralty Island Fisheries Inc., Bumble Bee Foods LLC, Cooke Aquaculture Inc., Global Seafood Chile SA, KEYPORT LLC, Maine Lobster Now LLC, Mazzetta Co. LLC, P and D Seafood Co., Pacific Cove, Pacific Seafood Group, SEA DELIGHT LLC, Seaview Crab Co., Sogelco International Inc., Supreme Crab and Seafood Inc., and Thai Union Group PCL. Also, the crab market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.