PUBLISHER: Persistence Market Research | PRODUCT CODE: 1454816
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1454816
Crab Meat Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030
Persistence Market Research has conducted a thorough analysis of the Crab Meat Market, providing a comprehensive report detailing its global landscape. This in-depth publication offers valuable insights into the market's dynamics, trends, opportunities, and challenges, providing a comprehensive overview of its structure. Backed by exclusive data and statistics, the research predicts the anticipated growth trajectory of the Crab Meat Market spanning from 2023 to 2030.
The global crab meat market is anticipated to grow steadily, with a projected compound annual growth rate (CAGR) of 6.3%. This growth is expected to raise the market's value from US$1.2 billion in 2023 to US$1.9 billion by the conclusion of 2030.
Key Insights:
- Crab Meat Market Size (2023E): US$1.2 Bn
- Projected Market Value (2030F): US$.9 Bn
- Global Market Growth Rate (CAGR 2023 to 2030): 6.3%
- Historical Market Growth Rate (CAGR 2018 to 2022): 5.9%
Crab Meat Market - Report Scope
The global crab meat market offers various products like lump, claw, and special-grade crab meat, prized for its sweet flavor. Key drivers include consumer seafood preferences, convenience, and growth in the foodservice sector. Emerging trends focus on sustainability and traceability. Overall, the market is driven by increasing demand for seafood, culinary diversity, and efforts to enhance product quality and sustainability.
Market Growth Drivers
The increasing globalization of food markets drives the growth of the crab meat industry through various interconnected factors. Expanded international trade and distribution networks make crab meat more accessible worldwide, fostering a growing appreciation for seafood across diverse cultures. This trend facilitates the exchange of culinary preferences and expands market opportunities for crab meat producers, driving business growth. Moreover, rising consumer demand for seafood, fueled by its nutritional benefits and appeal as a flavorful option, further propels the crab meat market's expansion. As consumers seek diverse culinary experiences and healthier protein alternatives, crab meat stands out for its unique taste and versatility, making it a popular choice in the global food landscape.
Market Restraints
Seasonal variability is a key factor affecting the crab meat market, driven by crab fishing and reproduction cycles. Specific seasons dictate when crab species are abundant and legally harvestable, with mating and molting influencing availability. This seasonality leads to supply fluctuations, impacting market availability and pricing. Additionally, price volatility due to factors like fuel costs and weather conditions poses challenges, requiring effective risk management strategies for industry players. Regulatory measures also play a crucial role in maintaining sustainable crab populations amidst these dynamics.
Opportunities
Diversifying product offerings in the crab meat market opens avenues for growth by catering to changing consumer preferences. Introducing new variations and convenient options taps into demand for culinary diversity. Online retailing further expands market reach, offering convenience and direct sales opportunities, while digital marketing enhances product visibility and sustainability messaging. Embracing these strategies positions the crab meat market for sustained growth in a competitive industry landscape.
Key Questions Answered in Report::
- What factors are driving the growth of the global crab meat market?
- How does seasonal variability impact the crab meat industry, and what measures are taken to address it?
- What challenges does price volatility pose to crab meat producers, and how can they mitigate these challenges?
- What opportunities does diversification of product offerings present for the crab meat market?
- How does online retailing contribute to market expansion, and what advantages does it offer for crab meat producers?
Competitive Intelligence and Business Strategy
In the competitive crab meat market, key players like Thai Union Group, Phillips Foods, Blue Star Foods, and The Crab Company focus on innovation, sustainability, and strategic collaborations to expand their product portfolios and reach. They prioritize quality assurance, sustainable practices, and partnerships with distributors and retailers to meet evolving consumer preferences and maintain competitiveness.
Key Companies Profiled
- Phillips Foods Inc.
- Blue Star Foods Corp.
- Handy International Incorporated
- Red Chamber Co., Ltd.
- Trans-Ocean Products Inc.
- Crown Prince, Inc.
- Chicken of the Sea International
- East Coast Seafood Group
- Thai Union Group PCL
- Nissui Group
Crab Meat Market Segmentation
By Product Type:
- Lump Crab Meat
- Claw Crab Meat
- Backfin Crab Meat
By Form:
- Fresh Crab Meat
- Pasteurized/Canned Crab Meat
- Frozen Crab Meat
By Sales Channel:
- Foodservice (HoReCa)
- Retails
By Region:
- North America
- Europe
- East Asia
- South Asia & Oceania
- Latin America
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Crab Meat Market Snapshot, 2023 and 2030
- 1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
- 1.3. Key Market Trends
- 1.4. Future Market Projections
- 1.5. Premium Market Insights
- 1.6. Industry Developments and Key Market Events
- 1.7. PMR Analysis and Recommendations
2. Market Overview
- 2.1. Market Scope and Definition
- 2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
- 2.3. Product Type Lifecycle Analysis
- 2.4. Crab Meat Market: Value Chain
- 2.4.1. List of Raw Form Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
- 2.5. Porter Five Force's Analysis
- 2.6. Geopolitical Tensions: Market Impact
- 2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
- 2.8. Forecast Factors - Relevance and Impact
- 2.9. Regulatory and Technology Landscape
3. Global Crab Meat Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
- 3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
- 3.3. Global Crab Meat Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 3.3.3.1. Lump Crab Meat
- 3.3.3.2. Claw Crab Meat
- 3.3.3.3. Backfin Crab Meat
- 3.4. Market Attractiveness Analysis: Product Type
- 3.5. Global Crab Meat Market Outlook: Form
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Form, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Form, 2023 - 2030
- 3.5.3.1. Fresh Crab Meat
- 3.5.3.2. Pasteurized/Canned Crab Meat
- 3.5.3.3. Frozen Crab Meat
- 3.6. Market Attractiveness Analysis: Form
- 3.7. Global Crab Meat Market Outlook: Sales Channel
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Sales Channel, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 3.7.3.1. Foodservice (HoReCa)
- 3.7.3.2. Retails
- 3.8. Market Attractiveness Analysis: Sales Channel
4. Global Crab Meat Market Outlook: Region
- 4.1. Key Highlights
- 4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
- 4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
- 4.4. Market Attractiveness Analysis: Region
5. North America Crab Meat Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 5.1. Key Highlights
- 5.2. Pricing Analysis
- 5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By Form
- 5.3.4. By Sales Channel
- 5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
- 5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 5.5.1. Lump Crab Meat
- 5.5.2. Claw Crab Meat
- 5.5.3. Backfin Crab Meat
- 5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Form, 2023 - 2030
- 5.6.1. Fresh Crab Meat
- 5.6.2. Pasteurized/Canned Crab Meat
- 5.6.3. Frozen Crab Meat
- 5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 5.7.1. Foodservice (HoReCa)
- 5.7.2. Retails
- 5.8. Market Attractiveness Analysis
6. Europe Crab Meat Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 6.1. Key Highlights
- 6.2. Pricing Analysis
- 6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By Form
- 6.3.4. By Sales Channel
- 6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
- 6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 6.5.1. Lump Crab Meat
- 6.5.2. Claw Crab Meat
- 6.5.3. Backfin Crab Meat
- 6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Form, 2023 - 2030
- 6.6.1. Fresh Crab Meat
- 6.6.2. Pasteurized/Canned Crab Meat
- 6.6.3. Frozen Crab Meat
- 6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 6.7.1. Foodservice (HoReCa)
- 6.7.2. Retails
- 6.8. Market Attractiveness Analysis
7. East Asia Crab Meat Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 7.1. Key Highlights
- 7.2. Pricing Analysis
- 7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By Form
- 7.3.4. By Sales Channel
- 7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
- 7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 7.5.1. Lump Crab Meat
- 7.5.2. Claw Crab Meat
- 7.5.3. Backfin Crab Meat
- 7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Form, 2023 - 2030
- 7.6.1. Fresh Crab Meat
- 7.6.2. Pasteurized/Canned Crab Meat
- 7.6.3. Frozen Crab Meat
- 7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 7.7.1. Foodservice (HoReCa)
- 7.7.2. Retails
- 7.8. Market Attractiveness Analysis
8. South Asia & Oceania Crab Meat Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 8.1. Key Highlights
- 8.2. Pricing Analysis
- 8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By Form
- 8.3.4. By Sales Channel
- 8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
- 8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 8.5.1. Lump Crab Meat
- 8.5.2. Claw Crab Meat
- 8.5.3. Backfin Crab Meat
- 8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Form, 2023 - 2030
- 8.6.1. Fresh Crab Meat
- 8.6.2. Pasteurized/Canned Crab Meat
- 8.6.3. Frozen Crab Meat
- 8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 8.7.1. Foodservice (HoReCa)
- 8.7.2. Retails
- 8.8. Market Attractiveness Analysis
9. Latin America Crab Meat Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 9.1. Key Highlights
- 9.2. Pricing Analysis
- 9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By Form
- 9.3.4. By Sales Channel
- 9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
- 9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 9.5.1. Lump Crab Meat
- 9.5.2. Claw Crab Meat
- 9.5.3. Backfin Crab Meat
- 9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Form, 2023 - 2030
- 9.6.1. Fresh Crab Meat
- 9.6.2. Pasteurized/Canned Crab Meat
- 9.6.3. Frozen Crab Meat
- 9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 9.7.1. Foodservice (HoReCa)
- 9.7.2. Retails
- 9.8. Market Attractiveness Analysis
10. Middle East & Africa Crab Meat Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)
- 10.1. Key Highlights
- 10.2. Pricing Analysis
- 10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By Form
- 10.3.4. By Sales Channel
- 10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
- 10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2023 - 2030
- 10.5.1. Lump Crab Meat
- 10.5.2. Claw Crab Meat
- 10.5.3. Backfin Crab Meat
- 10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Form, 2023 - 2030
- 10.6.1. Fresh Crab Meat
- 10.6.2. Pasteurized/Canned Crab Meat
- 10.6.3. Frozen Crab Meat
- 10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Sales Channel, 2023 - 2030
- 10.7.1. Foodservice (HoReCa)
- 10.7.2. Retails
- 10.8. Market Attractiveness Analysis
11. Competition Landscape
- 11.1. Market Share Analysis, 2022
- 11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Dashboard
- 11.2.3. Apparent Product Type Capacity
- 11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Phillips Foods Inc.
- 11.3.1.1. Overview
- 11.3.1.2. Segments and Product
- 11.3.1.3. Key Financials
- 11.3.1.4. Market Developments
- 11.3.1.5. Market Strategy
- 11.3.2. Blue Star Foods Corp.
- 11.3.2.1. Overview
- 11.3.2.2. Segments and Product
- 11.3.2.3. Key Financials
- 11.3.2.4. Market Developments
- 11.3.2.5. Market Strategy
- 11.3.3. Handy International Incorporated
- 11.3.3.1. Overview
- 11.3.3.2. Segments and Product
- 11.3.3.3. Key Financials
- 11.3.3.4. Market Developments
- 11.3.3.5. Market Strategy
- 11.3.4. Red Chamber Co., Ltd.
- 11.3.4.1. Overview
- 11.3.4.2. Segments and Product
- 11.3.4.3. Key Financials
- 11.3.4.4. Market Developments
- 11.3.4.5. Market Strategy
- 11.3.5. Trans-Ocean Products Inc.
- 11.3.5.1. Overview
- 11.3.5.2. Segments and Product
- 11.3.5.3. Key Financials
- 11.3.5.4. Market Developments
- 11.3.5.5. Market Strategy
- 11.3.6. Crown Prince, Inc.
- 11.3.6.1. Overview
- 11.3.6.2. Segments and Product
- 11.3.6.3. Key Financials
- 11.3.6.4. Market Developments
- 11.3.6.5. Market Strategy
- 11.3.7. Chicken of the Sea International
- 11.3.7.1. Overview
- 11.3.7.2. Segments and Product
- 11.3.7.3. Key Financials
- 11.3.7.4. Market Developments
- 11.3.7.5. Market Strategy
- 11.3.8. East Coast Seafood Group
- 11.3.8.1. Overview
- 11.3.8.2. Segments and Product
- 11.3.8.3. Key Financials
- 11.3.8.4. Market Developments
- 11.3.8.5. Market Strategy
- 11.3.9. Thai Union Group PCL
- 11.3.9.1. Overview
- 11.3.9.2. Segments and Product
- 11.3.9.3. Key Financials
- 11.3.9.4. Market Developments
- 11.3.9.5. Market Strategy
- 11.3.10. Nissui Group
- 11.3.10.1. Overview
- 11.3.10.2. Segments and Product
- 11.3.10.3. Key Financials
- 11.3.10.4. Market Developments
- 11.3.10.5. Market Strategy
- 11.3.1. Phillips Foods Inc.
12. Appendix
- 12.1. Research Methodology
- 12.2. Research Assumptions
- 12.3. Acronyms and Abbreviations
