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Global Lobster Market 2019-2025: Market is Expected to Cross the Volume 400 Thousand Tons

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Research and Markets

Sep 06, 2019, 15:45 ET

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DUBLIN, Sept. 6, 2019 /PRNewswire/ -- The "Global Lobster Market, by Species, Importing and Exporting Countries, Forecast" report has been added to ResearchAndMarkets.com's offering.

Global Lobster Market report studies the Global Lobster market and volume analysis and provides an all-encompassing analysis of the key growth drivers and preventive factors, price analysis, value chain analysis, market and volume trends, and their projections for the upcoming years.

Currently more than half of the lobster produced in the United States of America only. Moreover, the United States also imports lobster from other countries because of the huge demand for domestic consumption. People across the world prefer to eat lobster because of their rich nutrients, and their omega 3 fatty acids component is best for heart disease patients. The Global Lobster Market is expected to cross the volume of 400 thousand tons by the end of the year 2025.

Currently, the bulk of lobsters are exported from Canada; the initial period of a China & United States trade war seems set to have a significant effect on the lobster market. As China has put the 25% tariff on the lobsters originating from the USA, Canada is winning United States market share. And growing importance in Australian rock lobster in China means stricter competition for US exporters from Australia too. Besides in 2017, the Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU28 also affecting lobsters exporters of USA.

Lobster can be prepared in many ways, such as boiling and steaming. It can also be used as filler for a sandwich, added in pasta, etc. The major factors that are fueling the growth of the lobster market globally are; rising disposable income, preference of sea-food over other animal meat, a rich source of nutrients, the advancement of farming process across the world will further boost the market. Increasing use of packed food, restaurants discovers various dishes of lobster and changing consumer taste will further propel the market.

Insight - by Importing Nation

Here we have done an in-depth analysis of the top importing nation of lobster. These countries are; United States, Canada, China, France, and Hong Kong (SAR). Here we have also studied the consumption trend of top importing countries and identify the future trend and growth of the import market.

Insight - by Exporting Nation

This report explains the comprehensive export trading of lobster in the world. The top exporting nations are; Canada, United States, Australia, New Zealand, United Kingdom. Here we have discussed competitive price, quality of lobster and their capacity to export.

Insight - by Species

The Lobster Market is fragmented into five parts by species; American lobster, European lobster, Caribbean spiny lobster, Australian spiny lobster, Red Rock Lobster. Here we have explained the historical production trend as well as anticipated production trend on the basis of species.

Price Analysis

In this report, we have done a full analysis of lobster price; lobster import price by top importing nation and lobster export price by top exporting nation.

Key Topics Covered:

1. Introduction

2. Research & Methodology

3. Global Lobster Market Analysis

4. Global Lobster Volume Analysis

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Trade of Lobster
5.2 Challenges
5.2.1 Stringent Regulations

6. Lobster Value Chain Analysis

7. Market Share - Global Lobster Analysis
7.1 Import by Countries
7.2 Export by Countries

8. Volume Share - Global Lobster Analysis
8.1 Import by Countries
8.2 Export by Countries
8.3 Production by Species

9. Species - Global Lobster Production
9.1 American Lobster
9.2 European Lobster
9.3 Caribbean Spiny Lobster
9.4 Australian Spiny Lobster
9.5 Red Rock Lobster
9.6 Other Lobster

10. Exporting Countries - Global Lobster
10.1 Canada
10.1.1 Market
10.1.2 Volume
10.1.3 Price Analysis
10.2 United States
10.3 United Kingdom
10.4 Australia
10.5 Belgium
10.6 Other countries

11. Importing Countries - Global Lobster
11.1 United States
11.1.1 Market
11.1.2 Volume
11.1.3 Price Analysis
11.2 Canada
11.3 China
11.4 France
11.5 China, Hong Kong SAR
11.6 Other countries

For more information about this report visit https://www.researchandmarkets.com/r/15mrhm

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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