PUBLISHER: IMARC | PRODUCT CODE: 1729403
PUBLISHER: IMARC | PRODUCT CODE: 1729403
The Japan lobster market size reached 7,640 Tons in 2024. Looking forward, IMARC Group expects the market to reach 12,300 Tons by 2033, exhibiting a growth rate (CAGR) of 5.5% during 2025-2033.
Lobster is an invertebrate with a rigid, segmented exoskeleton and modified claws. It belongs to the phylum Arthropoda family, comprising a wide variety of essential nutrients. These include copper, zinc, selenium, phosphorous, magnesium, vitamin E and B12, and omega-3 fatty acid. Lobsters contain less fat as compared to chicken and are considered to be rich and decadent food. Consequently, their intake has increased among health-conscious consumers in Japan.
Japan holds a significant share in the global lobster market. The market is primarily driven by numerous health and nutritional benefits offered by lobsters. Due to the presence of proteins, lobsters are widely consumed to repair damaged tissues, strengthen bones, and boost energy. They also act as an antioxidant and help in improving thyroid function. Besides this, frozen lobster is exported from Canada into Japan due to its easy availability and inadequate domestic production in Japan. Furthermore, market players are adding several value-added products to their product lines, which are gaining popularity in Japan, thereby enhancing the existing consumer base across the country.
The competitive landscape of the industry has also been examined along with the profiles of the key players.