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Crab market to grow by 3.05% Y-O-Y in 2023; Rising awareness about the nutritional benefits of crabs will drive growth - Technavio

Global Crab Market 2023-2027

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Technavio

Jan 09, 2023, 20:45 ET

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NEW YORK, Jan. 9, 2023 /PRNewswire/ -- Crab market insights -

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Technavio has announced its latest market research report titled Global Crab Market 2023-2027
Technavio has announced its latest market research report titled Global Crab Market 2023-2027

  • Vendors: 15+, Including 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 Property Management Ltd., Pacific Seafood Group, SEA DELIGHT LLC, Seaview Crab Co., Sogelco International Inc., Supreme Crab and Seafood Inc., Thai Union Group PCL, The Crab Co. Ltd., The Crab Place, The J.M. Clayton Co., Trident Seafoods Corp., among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: End-user, Environment, and Geography

To understand more about the crab market, request a sample report

In 2017, the crab market was valued at USD 14,914.53 million. From a regional perspective, APAC held the largest market share, valued at USD 11,959.37 million. The crab market size is estimated to grow by USD 2,880.54 million from 2022 to 2027 at a CAGR of 3.15% according to Technavio.

Why Buy?
  • Add credibility to strategy
  • Analyzes competitor's offerings 
  • Get a holistic view of the market

Grow your profit margin with Technavio - Buy the Report

Crab market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a sample!
Crab market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including –

  • Admiralty Island Fisheries Inc. - The company offers crab products such as Star Cut King Crab Legs and Claws, Triple Scored Rock Crab Claws, and Blue Swimming Crab Jumbo Meat.
  • Bumble Bee Foods LLC - The company offers crab products such as Lump Crabmeat.
  • Cooke Aquaculture Inc. - The company offers crabs under the subsidiary Icicle Seafoods.
  • Global Seafood Chile SA - The company offers crabs such as King Crab.
Crab market – Market Dynamics

Major Drivers – 

  • Rising awareness about nutritional benefits of crabs
  • Expansion of retail stores offering crabs
  • Growing prominence of land-based aquaculture

KEY challenges – 

  • Overfishing and decline in certain species of crabs
  • Environmental concerns
  • Stringent regulations

Drivers & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The crab market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

What are the key data covered in this crab market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the crab market between 2023 and 2027
  • Precise estimation of the size of the crab market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the crab market industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of crab market vendors

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Related Reports:

  • The crayfish market size is expected to increase by USD 2.40 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.02%. The growing demand for aquaculture-based fish varieties is notably driving the crayfish market growth, although factors such as marketing and lack of capital may impede the market growth.
  • The octopus market size has the potential to grow by USD 318.07 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 1.44%. The growing awareness about the high nutritional value of octopus meat is one of the critical factors driving the octopus market growth. However, factors such as decrease in octopus landings leading to price hikes will challenge the growth of the market participants.

Crab Market Scope

Report Coverage

Details

Page number

155

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.15%

Market growth 2023-2027

USD 2880.54 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.05

Regional analysis

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

Performing market contribution

APAC at 79%

Key countries

China, India, Indonesia, Vietnam, and Thailand

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

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 Property Management Ltd., Pacific Seafood Group, SEA DELIGHT LLC, Seaview Crab Co., Sogelco International Inc., Supreme Crab and Seafood Inc., Thai Union Group PCL, The Crab Co. Ltd., The Crab Place, The J.M. Clayton Co., and Trident Seafoods Corp.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Environment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global Crab Market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global Crab Market 2017 - 2021 ($ million)
  • 4.2 End-user Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
  • 4.3 Environment Segment Analysis 2017 - 2021
    • Exhibit 20: Historic Market Size – Environment Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

  • 6.1 Market segments 
    • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
  • 6.2 Comparison by End-user 
    • Exhibit 32: Chart on Comparison by End-user
    • Exhibit 33: Data Table on Comparison by End-user
  • 6.3 Foodservice - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Foodservice - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Foodservice - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Foodservice - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Foodservice - Year-over-year growth 2022-2027 (%)
  • 6.4 Retail - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Retail - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Retail - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Retail - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by End-user 
    • Exhibit 42: Market opportunity by End-user ($ million)

7 Market Segmentation by Environment

  • 7.1 Market segments 
    • Exhibit 43: Chart on Environment - Market share 2022-2027 (%)
    • Exhibit 44: Data Table on Environment - Market share 2022-2027 (%)
  • 7.2 Comparison by Environment 
    • Exhibit 45: Chart on Comparison by Environment
    • Exhibit 46: Data Table on Comparison by Environment
  • 7.3 Aquaculture - Market size and forecast 2022-2027
    • Exhibit 47: Chart on Aquaculture - Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Data Table on Aquaculture - Market size and forecast 2022-2027 ($ million)
    • Exhibit 49: Chart on Aquaculture - Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Aquaculture - Year-over-year growth 2022-2027 (%)
  • 7.4 Capture fisheries - Market size and forecast 2022-2027
    • Exhibit 51: Chart on Capture fisheries - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Capture fisheries - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Capture fisheries - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Capture fisheries - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Environment 
    • Exhibit 55: Market opportunity by Environment ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 59: Chart on Geographic comparison
    • Exhibit 60: Data Table on Geographic comparison
  • 9.3 APAC - Market size and forecast 2022-2027
    • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.4 North America - Market size and forecast 2022-2027
    • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.5 Europe - Market size and forecast 2022-2027
    • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027
    • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 China - Market size and forecast 2022-2027
    • Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.9 India - Market size and forecast 2022-2027 
    • Exhibit 85: Chart on India - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on India - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on India - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on India - Year-over-year growth 2022-2027 (%)
  • 9.10 Indonesia - Market size and forecast 2022-2027
    • Exhibit 89: Chart on Indonesia - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on Indonesia - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on Indonesia - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)
  • 9.11 Vietnam - Market size and forecast 2022-2027
    • Exhibit 93: Chart on Vietnam - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on Vietnam - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on Vietnam - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on Vietnam - Year-over-year growth 2022-2027 (%)
  • 9.12 Thailand - Market size and forecast 2022-2027
    • Exhibit 97: Chart on Thailand - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on Thailand - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on Thailand - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Thailand - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 104: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 105: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 106: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 107: Matrix on vendor position and classification
  • 12.3 Admiralty Island Fisheries Inc. 
    • Exhibit 108: Admiralty Island Fisheries Inc. - Overview
    • Exhibit 109: Admiralty Island Fisheries Inc. - Product / Service
    • Exhibit 110: Admiralty Island Fisheries Inc. - Key offerings
  • 12.4 Bumble Bee Foods LLC 
    • Exhibit 111: Bumble Bee Foods LLC - Overview
    • Exhibit 112: Bumble Bee Foods LLC - Product / Service
    • Exhibit 113: Bumble Bee Foods LLC - Key offerings
  • 12.5 Cooke Aquaculture Inc. 
    • Exhibit 114: Cooke Aquaculture Inc. - Overview
    • Exhibit 115: Cooke Aquaculture Inc. - Product / Service
    • Exhibit 116: Cooke Aquaculture Inc. - Key offerings
  • 12.6 Global Seafood Chile SA 
    • Exhibit 117: Global Seafood Chile SA - Overview
    • Exhibit 118: Global Seafood Chile SA - Product / Service
    • Exhibit 119: Global Seafood Chile SA - Key offerings
  • 12.7 KEYPORT LLC 
    • Exhibit 120: KEYPORT LLC - Overview
    • Exhibit 121: KEYPORT LLC - Product / Service
    • Exhibit 122: KEYPORT LLC - Key offerings
  • 12.8 Maine Lobster Now LLC 
    • Exhibit 123: Maine Lobster Now LLC - Overview
    • Exhibit 124: Maine Lobster Now LLC - Product / Service
    • Exhibit 125: Maine Lobster Now LLC - Key offerings
  • 12.9 Mazzetta Co. LLC 
    • Exhibit 126: Mazzetta Co. LLC - Overview
    • Exhibit 127: Mazzetta Co. LLC - Product / Service
    • Exhibit 128: Mazzetta Co. LLC - Key offerings
  • 12.10 P and D Seafood Co. 
    • Exhibit 129: P and D Seafood Co. - Overview
    • Exhibit 130: P and D Seafood Co. - Product / Service
    • Exhibit 131: P and D Seafood Co. - Key offerings
  • 12.11 Pacific Cove Property Management Ltd.
    • Exhibit 132: Pacific Cove Property Management Ltd. - Overview
    • Exhibit 133: Pacific Cove Property Management Ltd. - Product / Service
    • Exhibit 134: Pacific Cove Property Management Ltd. - Key offerings
  • 12.12 Pacific Seafood Group 
    • Exhibit 135: Pacific Seafood Group - Overview
    • Exhibit 136: Pacific Seafood Group - Product / Service
    • Exhibit 137: Pacific Seafood Group - Key offerings
  • 12.13 SEA DELIGHT LLC 
    • Exhibit 138: SEA DELIGHT LLC - Overview
    • Exhibit 139: SEA DELIGHT LLC - Product / Service
    • Exhibit 140: SEA DELIGHT LLC - Key offerings
  • 12.14 Seaview Crab Co. 
    • Exhibit 141: Seaview Crab Co. - Overview
    • Exhibit 142: Seaview Crab Co. - Product / Service
    • Exhibit 143: Seaview Crab Co. - Key offerings
  • 12.15 Sogelco International Inc. 
    • Exhibit 144: Sogelco International Inc. - Overview
    • Exhibit 145: Sogelco International Inc. - Product / Service
    • Exhibit 146: Sogelco International Inc. - Key offerings
  • 12.16 Supreme Crab and Seafood Inc. 
    • Exhibit 147: Supreme Crab and Seafood Inc. - Overview
    • Exhibit 148: Supreme Crab and Seafood Inc. - Product / Service
    • Exhibit 149: Supreme Crab and Seafood Inc. - Key offerings
  • 12.17 Thai Union Group PCL 
    • Exhibit 150: Thai Union Group PCL - Overview
    • Exhibit 151: Thai Union Group PCL - Business segments
    • Exhibit 152: Thai Union Group PCL - Key news
    • Exhibit 153: Thai Union Group PCL - Key offerings
    • Exhibit 154: Thai Union Group PCL - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 155: Inclusions checklist
    • Exhibit 156: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 157: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 158: Research methodology
    • Exhibit 159: Validation techniques employed for market sizing
    • Exhibit 160: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 161: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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