Global Mussel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Mussel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Mussel is the common name used for members of several families of bivalve mollusks, from saltwater and freshwater habitats. These groups have in common a shell whose outline is elongated and asymmetrical compared with other edible clams, which are often more or less rounded or oval.

The word mussel is most frequently used to mean the edible bivalves of the marine family Mytilidae, most of which live on exposed shores in the intertidal zone, attached by means of their strong byssal threads (beard) to a firm substrate. A few species (in the genus Bathy modiolus) have colonized hydrothermal vents associated with deep ocean ridges.

In most marine mussels the shell is longer than it is wide, being wedge-shaped or asymmetrical. The external color of the shell is often dark blue, blackish, or brown, while the interior is silvery and somewhat nacreous.

The common name mussel is also used for many freshwater bivalves, including the freshwater pearl mussels. Freshwater mussel species inhabit lakes, ponds, rivers, creeks, canals, and they are classified in a different subclass of bivalves, despite some very superficial similarities in appearance.

Market Overview:

The latest research study on the global Mussel market finds that the global Mussel market reached a value of USD 4762.16 million in 2022. It’s expected that the market will achieve USD 5925.14 million by 2028, exhibiting a CAGR of 3.71% during the forecast period.

Influence of COVID-19 Outbreak on Mussel Market Industry Development

The raging COVID-19 has left the global economic environment in depression. The impact of COVID-19 on the Mussel Market industry will involve all major links and all entities in the industry chain.

Mussel breeding, supply chain and the whole downstream market are greatly affected. The epidemic blockade has paralyzed everything, and the sales prospects of mussels are worrying. This has seriously affected the economic benefits of mussel breeding. Great financial pressure on small and medium-sized enterprises in mussel market.

For the mussel market, the most direct impact is undoubtedly the sharp decline in sales. Due to the greater risk of contracting COVID-19, people are more willing to stay in a safe place and reduce the number of movements. Restaurants and other places with intensive contact with people in various regions have been strictly restricted by the government, which has a great impact on the sales of mussels.

Covid-19 greatly affected the logistics industry, and the logistics speed decreased or even suspended in the early stage of epidemic development. In addition, COVID-19 initially spread in the seafood market. After outbreaks in various countries, imported seafood products were frequently detected to carry Covid-19. Customs of various countries have strict requirements for testing imported seafood products such as mussels. The logistics transportation speed of the whole industry is obviously slowed down, and the import and export of products need to undergo strict inspection.

Market Development Constraints

At present, Microplastics is entering our food chain through seafood, such as mussels and oysters. Researchers at Ghent University conducted an experiment with an average of 0.42 Microplastics per gram of mussels and oysters. Some of the mussels they examined came from seafood farms in the North Sea and some came from Germany; This kind of cultivation means that mussels grow up on ropes immersed in seawater. Moreover, the content of microplastics in wild mussels is usually higher than that in cultured mussels. Microplastics can enter animal blood, lymphatic system and even liver, causing damage to intestinal tract and even reproductive system.

Paralytic shellfish poisoning usually occurs in high temperature seasons, such as April-October in the northern hemisphere. During this period, marine algae proliferate rapidly. After being ingested by shellfish, they will not be poisoned by themselves, but will enrich toxins. People will be poisoned after eating shells with high content of paralytic shellfish poison. As a seafood product widely consumed by people, mussels are poisoned every year.

Among the factors affecting the global mussel market, environmental problems and regulatory restrictions are considered to be the most critical limiting factors. Environmental problems mainly refer to all the factors that cause mussel death or other economic losses due to the suspension period: epidemic events, climate change events, natural competitors and predators, large-scale reproduction of toxic phytoplankton, water quality deterioration and so on.

Regulatory restrictions make it difficult for new entrants to enter the market or update the existing aquaculture authorization. Poor governance of coastal areas with fierce space competition may lead to intensified conflicts among different users. For example, in some areas, production activities lack specialized scheduling, market integration is low, producer organization is not perfect, or domestic market lacks channels. These factors limit the development of the whole mussel market.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

St. Andrews is one of the major players operating in the Mussel market, holding a share of 2.61% in 2021.

St Andrews Smoky Delicacies SA was founded in 1996. The company's line of business includes the wholesale distribution of fresh, cured, or frozen fish and sea food.

Sanford is a large and long-established fishing company devoted entirely to harvesting, farming, processing, storage and marketing of quality seafood and aquaculture products. The company is New Zealand's biggest producer and exporter of Greenshell mussels.

Segmentation Overview:

Among different product types, Black Mussels segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Local Sales segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Mussel market covered in Chapter 3:

GRUPO SUR CHILE LTDA.
PROYECTA CORP. S.A.
Blue Shell
Xiangyuan Aquatic Products Company
Toralla
St. Andrews
SUDMARIS SA
AGROCEAN SpA
CMRSEAFOOD
Sanford

In Chapter 4 and Chapter 14.2, on the basis of types, the Mussel market from 2018 to 2029 is primarily split into:

Greenshell Mussels
Black Mussels
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mussel market from 2018 to 2029 covers:

Local Sales
Export Sales

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)