Molluscs Market Share, Size, Trends, Industry Analysis Report, By Species (Crassostrea Molluscs, Ruditapes Philippinarum Molluscs, Scallop Molluscs, Others); By Form; By Distribution Channel; By Region; Segment Forecast, 2023-2032

Molluscs Market Share, Size, Trends, Industry Analysis Report, By Species (Crassostrea Molluscs, Ruditapes Philippinarum Molluscs, Scallop Molluscs, Others); By Form; By Distribution Channel; By Region; Segment Forecast, 2023-2032

The molluscs market size is expected treach USD 99.32 billion by 2032, according ta new study by Polaris Market Research. The report “Molluscs Market Share, Size, Trends, Industry Analysis Report, By Species (Crassostrea Molluscs, Ruditapes Philippinarum Molluscs, Scallop Molluscs, and Others); By Form; By Distribution Channel; By Region; Segment Forecast, 2023-2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The market is driven by the demand and consumption of protein-rich diets instead of high-calorie food items. Seafood has minerals, including vitamins, iron, and omega-3 fatty acids. Moreover, a high-protein, the low-fat diet used tbuild muscles is predicted tincrease consumer demand for molluscs. Molluscs have strong demand in emerging South Asian nations, particularly among the neo-urban middle class with high disposable income. The young population of Asia has significant out-dining desires tsatisfy their food experiences, including seafood.

The surge in Pescetariarism, changing human lifestyle, and associated health benefits of seafood have raised its demand in the processed seafood sector. With the help of several corporate players, suppliers, and online aggregators, fast-mile delivery entities have alsspurred the adoption of the product in metrcities.

The growing aquaculture fish output in developing countries is the main factor driving the market. The demand for molluscs as a food item in the seafood sector is increasing due ttheir nutritional benefits. They are recognized as good sources of minerals, fats, and proteins. Besides fats & proteins, molluscs have a substantial quantity of vitamins & minerals. Molluscs have high food conversion efficiency and produce negligible greenhouse gas emissions, while less water is required. Thus, molluscs contribute positively tthe environment, food, and health.

Consumers' need for healthful, nutrient-rich, and protein-rich foods has greatly increased demand for frozen fish products. Additionally, the market is expected tdevelop during the forecast period due tthe rising demand for processed and packaged fish products globally.

Molluscs belong ta lower trophic level, a species present in polyculture, which is growing in popularity among major participants and providing more lucrative chances for important players in the industry. Consuming molluscs will lower the risk of developing chronic diseases, which is anticipated tfuel market expansion over the forecast period.

Molluscs Market Report Highlights

Crassostrea category has account for largest revenue share over forecasted period owing tits high popularity and the advancements in its production with better machinery.

Frozen segment expected tgrow at the highest rate over the study period, owing tincreased urbanization, strong online aggregators, demand from retail channels

Asia Pacific garnered the largest revenue share. This is brought on by customers' rising propensity tlead healthy lifestyles and their rising disposable income.

The global players include Maruha NichirCorporation, Nireus Aquaculture, Cermaq, and Eastern Fish Company.

Polaris Market Research has segmented the molluscs market report based on species, form, distribution channel, and region:

Molluscs, Species Outlook (Revenue - USD Billion, 2019 - 2032)

Crassostrea Molluscs

Ruditapes Philippinarum Molluscs

Scallop Molluscs

Others

Molluscs, Form Outlook (Revenue - USD Billion, 2019 - 2032)

Frozen

Canned

Molluscs, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

Hypermarkets and Supermarkets

Convenience Stores

Online Channels

Others

Molluscs, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa