NEW YORK, March 3, 2021 /PRNewswire/ -- The global octopus market is expected to grow by USD 318.07 million during 2021-2025, as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 1%.
For the Right Perspective & Competitive Insights. Make confident decisions using our benchmarks and analysis. Download Free Sample Report in Minutes
Read the 120-page report with TOC on "Octopus Market Analysis Report by Product (Processed and Fresh) and Geography (APAC, Europe, North America, MEA, and South America), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/report/octopus-market-industry-analysis
The octopus market is driven by the high nutritional value of octopus meat. In addition, expanding Japanese and Korean population bases across the world is anticipated to boost the growth of the octopus market.
The global demand for octopus has increased because it is a rich source of key nutrients. It is also a vital requirement for hemoglobin formation, also helps to maintain the health of the immune system, and aids in brain development and cell growth. It also reduces the risk of certain cancers, protects against heart diseases, and helps prevent the onset of mental disorders. Octopus has a good amount of selenium, high iron content, rich content of omega-3 fatty acids, and Vitamin B12. Octopuses are becoming a natural and healthy source of these vitamins among health-conscious consumers which drives the market over the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Major Five Octopus Companies:
Brindisa Spanish Foods
Brindisa Spanish Foods operates business through the Unified segment. The company offers various varieties of octopus.
Charleston Crab House
Charleston Crab House operates business through the Unified segment. The company has diversified product offerings in the seafood segment.
Culinary Collective
Culinary Collective operates business through the Unified segment. The company offers seafood, oil, vinegar, spices, nuts, grains, and others.
Galveston Shrimp Co.
Galveston Shrimp Co. operates business through the Unified segment. The company has numerous products offering lobster, crab among others.
Robert Wholey and Co.
Robert Wholey and Co. operates business through the Unified segment. The company offers fresh seafood, meat, soups, and bases.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Octopus Market Product Outlook (Revenue, USD Million, 2020-2025)
- Processed - size and forecast 2020-2025
- Fresh - size and forecast 2020-2025
Octopus Market Geography Outlook (Revenue, USD Million, 2020-2025)
- APAC - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
- South America - size and forecast 2020-2025
Are you a start-up willing to make it big in the business? Grab an exclusive Report
Related Reports on Consumer Staples Include:
Global Ayurvedic Food Market- The ayurvedic food market is segmented by product (solid form and liquid form), geography (APAC, Europe, North America, South America, and MEA), and key vendors. Get an Exclusive Free Sample Report
Global Non-GMO Foods Market- The non-GMO foods market is segmented by product (cereals and grains, liquor, meat and poultry, bakery products, and others), distribution channel (offline and online), geography (North America, Europe, APAC, MEA, and South America), and key vendors. Get an Exclusive Free Sample Report
About Technavio
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.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/octopus-market-industry-analysis
SOURCE Technavio
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article