Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 3.29 Billion

CAGR (2024-2029)

3.46%

Fastest Growing Segment

Online

Largest Market

Asia Pacific

Market Size (2029)

USD 4.02 Billion

Market Overview

Global Crab market was valued at USD 3.29 billion in 2023 and is expected to grow to USD 4.02 billion by 2029 with a CAGR of 3.46% during the forecast period. The global crab market is witnessing significant growth, fueled by the rising demand for seafood, particularly in regions such as North America, Asia-Pacific, and Europe. Crab, being highly valued and versatile seafood, is consumed in various forms, including fresh, frozen, canned, and processed products. The increasing health-conscious consumer base, awareness of the nutritional benefits of seafood, and the growing popularity of ready-to-eat and pre-cooked crab products are contributing to the market expansion.

Key Market Drivers

Growing Consumer Demand for Seafood

One of the most significant drivers of the global crab market is the increasing consumer demand for seafood. As global populations grow, particularly in emerging economies, seafood is becoming an essential part of people's diets. Crabs are not only regarded as a delicacy in many regions but also a nutritious source of protein, essential minerals, and healthy fats. The demand for crab has been rising steadily, especially in markets such as Asia, North America, and Europe.

In North America, for example, crab meat—especially varieties like Alaskan king crab and snow crab—has long been a favorite of consumers, often served in restaurants and enjoyed during holiday seasons. Similarly, in Asia-Pacific, seafood consumption, including crabs, has risen sharply due to the growing middle class, which has increased purchasing power and a growing desire for high-quality, nutritious food.

Further fueling demand is the increasing interest in gourmet dining and exotic foods. Many consumers are becoming more adventurous in their food choices, preferring premium, high-quality crab meat over cheaper alternatives. This trend is particularly visible in Western markets, where chefs and food service providers focus on premium crab varieties to meet the demands of upscale consumers looking for exclusive and high-end culinary experiences.

Health Consciousness and Nutritional Awareness

Another major driver of the global crab market is the rising awareness about the health benefits of crabs. As consumers become more health-conscious, they seek food sources that provide essential nutrients without compromising on taste. Crabs are rich in protein, omega-3 fatty acids, vitamins (like B12 and A), and minerals such as selenium and zinc, which are beneficial for overall health.

In particular, the appeal of crabs in the context of health and wellness is rising due to the increasing focus on lean, low-fat proteins. With obesity and heart diseases being major global health concerns, consumers are opting for seafood as a healthier alternative to red meats like beef and pork. Crabs are often marketed as a superior source of protein with lower levels of fat compared to other meat types, making them especially appealing to health-conscious individuals.

Moreover, the growing popularity of specific dietary plans—such as the ketogenic diet, which emphasizes high-fat, low-carbohydrate foods—has further contributed to the consumption of crabs. As a rich source of protein and healthy fats, crab meat fits well into these nutritional regimens, appealing to people seeking to lose weight or maintain a balanced, nutritious diet.

The increasing popularity of seafood-based diets has been reinforced by the ongoing efforts to highlight the benefits of marine food sources in maintaining a balanced lifestyle. This trend has prompted both food manufacturers and restaurants to invest in promoting crab as a health-conscious food choice, further driving its market growth.

Advancements in Aquaculture and Seafood Processing

Advancements in seafood production, particularly in aquaculture, have also played a critical role in driving the global crab market. As wild crab stocks continue to face pressure due to overfishing, aquaculture has emerged as a sustainable solution to meet the growing demand for crabs. Crab farming, particularly for species such as blue crabs, soft-shell crabs, and others, has been expanding rapidly in countries with suitable coastal regions for farming.

Innovations in breeding techniques, feed technology, and habitat design are making aquaculture a more efficient and environmentally friendly way to produce crabs. For example, the development of integrated multi-trophic aquaculture (IMTA) systems allows for better resource utilization, where different species are cultivated together in a balanced ecosystem, improving overall productivity. This results in a more sustainable and less resource-intensive way to meet the increasing global demand for crabs.


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Key Market Challenges

Rising Cost of Production

The rising cost of production is another critical challenge facing the global crab market. Several factors contribute to increasing production costs, from higher fuel prices and labor costs to the rising costs of feed and materials used in crab farming. The price of fishing equipment, labor, and transportation—particularly for remote fishing regions—has increased significantly in recent years, putting pressure on seafood suppliers to maintain profit margins.

For aquaculture producers, the costs of setting up and maintaining crab farming operations can be substantial. Advanced technologies required for efficient and sustainable crab farming, including breeding systems, water quality management, and feed technologies, are capital-intensive. These expenses are often passed on to consumers, which can affect the affordability of crabs, especially in price-sensitive markets. Moreover, the cost of fish feed, which constitutes a significant portion of aquaculture operational expenses, is rising due to global shortages in fishmeal and the growing cost of raw materials used for feed production.

The cost of production is further exacerbated by environmental and regulatory pressures. Governments around the world are introducing stricter environmental regulations to ensure that crab harvesting and farming are sustainable. These regulations may include rules on bycatch, fishing gear standards, and environmental impact assessments for aquaculture operations. Compliance with these regulations often requires investment in new technologies and practices that can further raise the cost of production.

These rising costs impact not only producers but also consumers, who may face higher prices for crabs and crab-based products. While premium crab varieties may continue to see strong demand, consumers in lower-income regions may turn to alternative, less expensive seafood options, which could impact the market's overall growth.

Logistical Challenges in the Global Supply Chain

The global crab market is heavily reliant on a complex supply chain involving fishermen, aquaculture farms, processors, wholesalers, and distributors. As crabs are highly perishable, they require efficient logistics and cold-chain management to ensure product quality and freshness from the point of harvest to the consumer. The logistical challenges facing the industry are numerous, including the transportation of crabs across long distances, fluctuating fuel prices, and potential disruptions caused by geopolitical events or environmental factors.

One of the primary logistical challenges in the crab market is the transportation of live or frozen crabs across borders. Long transportation times, especially for international shipments, put significant pressure on the cold chain, requiring careful management of storage and handling to prevent spoilage. Shipping delays, particularly due to adverse weather conditions or global trade disruptions, can lead to substantial losses in the value of the product. Furthermore, disruptions such as the COVID-19 pandemic have shown how vulnerable the seafood supply chain is to external factors, with shipping delays, labor shortages, and port congestion causing delays in shipments and increasing overall costs.

Key Market Trends

Demand for Premium and Exotic Crab Varieties

The demand for premium and exotic crab varieties is a rising trend in the global crab market, particularly in high-income and emerging economies. As consumers become more adventurous in their food choices, they are increasingly seeking out premium crab varieties known for their unique flavors, textures, and sizes. The growth of gourmet dining and the increasing popularity of seafood in upscale restaurants have contributed to this trend.

Among the most sought-after crab varieties are Alaskan king crab, snow crab, and blue crab, which are often considered delicacies due to their large size, sweet taste, and tender meat. These crabs are frequently marketed as luxurious food items, commanding higher prices in restaurants and specialty food stores. Additionally, luxury crab products, such as premium crab legs or crab meat, are also gaining popularity in retail settings as consumers look to indulge in high-end culinary experiences at home.

The interest in exotic crab varieties is also linked to the rise in global food tourism. As international travel becomes more accessible, consumers are exposed to different culinary traditions, which encourages them to seek out authentic regional crab dishes. For instance, soft-shell crabs, mud crabs, and other lesser-known varieties are gaining popularity, especially in Asian and Middle Eastern cuisines. As a result, foodservice providers and retailers are expanding their offerings to cater to this growing demand for premium and exotic crab varieties.

Sustainable Seafood Practices and Certifications

Sustainability is one of the most significant trends currently shaping the global crab market. With increasing concerns over the environmental impact of overfishing and the depletion of marine ecosystems, both consumers and producers are turning toward more sustainable practices in crab harvesting and farming. As a result, sustainability has become a key focus for the industry, driven by both environmental imperatives and consumer demand for responsibly sourced products.

Crab producers are increasingly adopting sustainable fishing practices to ensure the long-term health of marine ecosystems. This includes using eco-friendly traps, minimizing bycatch (the capture of non-target species), and adhering to catch limits imposed by regulatory bodies to avoid overfishing. Additionally, many seafood companies are seeking certifications from reputable organizations such as the Marine Stewardship Council (MSC) or the Aquaculture Stewardship Council (ASC). These certifications serve as proof of responsible sourcing practices and are often used as marketing tools to attract environmentally-conscious consumers.

The demand for sustainable seafood is particularly strong in developed markets like North America and Europe, where consumers are becoming more aware of the environmental impact of their food choices. As sustainability becomes more mainstream, retailers and foodservice providers are increasingly focusing on offering sustainably sourced crab products to meet the demands of eco-conscious consumers.

Growth of Convenience Crab Products

Another key trend in the global crab market is the growing demand for convenience products. Busy lifestyles, an increase in dual-income households, and rising interest in ready-to-eat meals have created a strong demand for quick, easy-to-prepare crab options. This trend has been particularly noticeable in developed markets, where consumers are looking for products that save time and effort without compromising on quality.

Convenience crab products include pre-cooked or pre-picked crab meat, crab cakes, crab salads, and crab-based ready-to-eat dishes that require minimal preparation. The popularity of frozen, vacuum-sealed, and canned crab products has also grown as these options provide extended shelf life and greater convenience. Consumers no longer want to spend hours cracking open crabs at home but still crave the high-quality taste and nutritional benefits that fresh crabs offer.

Segmental Insights

Distribution Channel Insights

Hypermarkets/Supermarkets dominate the global crab market due to their extensive reach, convenience, and ability to offer a wide variety of fresh, frozen, and processed crab products. These retail formats cater to a broad consumer base, making it easier for consumers to access high-quality crab options in one location. Additionally, hypermarkets and supermarkets often partner with seafood suppliers to ensure a consistent and reliable supply of crabs, enhancing customer trust. The growing trend of premium and ready-to-eat crab products, along with the increasing demand for convenience, has further strengthened the role of these retailers in the market.

 

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Regional Insights

Asia Pacific is the dominating region in the global crab market due to its large seafood consumption, extensive coastal areas for crab harvesting, and robust aquaculture industry. Countries like China, Japan, and South Korea are major consumers and producers of crabs, particularly varieties like blue crab and snow crab. The region’s increasing middle-class population, rising disposable incomes, and growing demand for high-quality seafood drive market growth. Additionally, Asia Pacific's strong seafood processing and export capabilities ensure a steady supply of crabs to both domestic and international markets, further solidifying the region's dominance in the global crab industry.

Recent Developments

  • In Feb 2023, The King Crab, a new seafood restaurant, has recently launched in Mogappair, offering a variety of seafood dishes, particularly focusing on crabs. The establishment aims to provide a unique dining experience with fresh, high-quality seafood and is set to cater to seafood enthusiasts in the area.

  • In May 2023, Mind Blown by The Plant Based Seafood Co. and PLNT Burger have partnered to launch the "New Bay Crab Cake Sandwich" for a limited time, in celebration of World Ocean Month. This plant-based crab cake, served at PLNT Burger locations in the DC Metro area, features Maryland-style flavors and offers 11 grams of protein. The collaboration highlights their shared mission to support ocean conservation, with a percentage of profits benefiting the Coral Restoration Foundation.

Key Market Players

  • The J.M. Clayton Company
  • Phillips Foods, Inc.
  • Blue Star Foods Corp. 
  • Nissui Corporation
  • High Liner Foods Incorporated
  • Graham & Rollins, Inc.
  • Handy Seafood Incorporated
  • Keyport LLC
  • The Plant Based Seafood Co.
  • Harbor Seafood

 

By Type

 

By Distribution Channel

 

By Region

  • Frozen
  • Fresh
  • Others
  • Specialty Stores
  • Hypermarket/ Supermarket
  • Online
  • Others
  • North America
  • Asia Pacific
  • Europe
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Crab Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •   Crab Market, By Type:

o   Frozen

o   Fresh

o   Others

  • Crab Market, By Distribution Channel:

o   Specialty Stores

o   Hypermarket/ Supermarket

o   Online

o   Others

  • Crab Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  Japan

§  India

§  Australia

§  South Korea

§  Indonesia

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   South America

§  Argentina

§  Colombia

§  Brazil

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Crab Market.

Available Customizations:

Global Crab Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Crab Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customers

4.1.  Brand Awareness

4.2.  Factor Influencing Purchase Decision

5.    Global Crab Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Frozen, Fresh, Others)

5.2.2.    By Distribution Channel Market Share Analysis (Specialty Stores, Hypermarket/ Supermarket, Online, Others)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        North America Market Share Analysis

5.2.3.2.        Europe Market Share Analysis

5.2.3.3.        Asia Pacific Market Share Analysis

5.2.3.4.        Middle East & Africa Market Share Analysis

5.2.3.5.        South America Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Crab Market Mapping & Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Distribution Channel Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    North America Crab Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Distribution Channel Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.3.  North America: Country Analysis

6.3.1.    United States Crab Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type Market Share Analysis

6.3.1.2.2.           By Distribution Channel Market Share Analysis

6.3.2.    Canada Crab Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type Market Share Analysis

6.3.2.2.2.           By Distribution Channel Market Share Analysis

6.3.3.    Mexico Crab Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type Market Share Analysis

6.3.3.2.2.           By Distribution Channel Market Share Analysis

7.    Asia Pacific Crab Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Distribution Channel Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.3.  Asia Pacific: Country Analysis

7.3.1.    China Crab Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type Market Share Analysis

7.3.1.2.2.           By Distribution Channel Market Share Analysis

7.3.2.    Japan Crab Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type Market Share Analysis

7.3.2.2.2.           By Distribution Channel Market Share Analysis

7.3.3.    India Crab Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type Market Share Analysis

7.3.3.2.2.           By Distribution Channel Market Share Analysis

7.3.4.    Australia Crab Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type Market Share Analysis

7.3.4.2.2.           By Distribution Channel Market Share Analysis

7.3.5.    South Korea Crab Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type Market Share Analysis

7.3.5.2.2.           By Distribution Channel Market Share Analysis

7.3.6.    Indonesia Crab Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Type Market Share Analysis

7.3.6.2.2.           By Distribution Channel Market Share Analysis

8.    Europe Crab Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Distribution Channel Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.3.  Europe: Country Analysis

8.3.1.    France Crab Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type Market Share Analysis

8.3.1.2.2.           By Distribution Channel Market Share Analysis

8.3.2.    United Kingdom Crab Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type Market Share Analysis

8.3.2.2.2.           By Distribution Channel Market Share Analysis

8.3.3.    Italy Crab Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type Market Share Analysis

8.3.3.2.2.           By Distribution Channel Market Share Analysis

8.3.4.    Germany Crab Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type Market Share Analysis

8.3.4.2.2.           By Distribution Channel Market Share Analysis

8.3.5.    Spain Crab Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type Market Share Analysis

8.3.5.2.2.           By Distribution Channel Market Share Analysis

9.    South America Crab Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Distribution Channel Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Argentina Crab Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type Market Share Analysis

9.3.1.2.2.           By Distribution Channel Market Share Analysis

9.3.2.    Colombia Crab Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type Market Share Analysis

9.3.2.2.2.           By Distribution Channel Market Share Analysis

9.3.3.    Brazil Crab Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type Market Share Analysis

9.3.3.2.2.           By Distribution Channel Market Share Analysis

10. Middle East & Africa Crab Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Distribution Channel Market Share Analysis

10.2.3. By Country Market Share Analysis

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Crab Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type Market Share Analysis

10.3.1.2.2.         By Distribution Channel Market Share Analysis

10.3.2. Saudi Arabia Crab Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type Market Share Analysis

10.3.2.2.2.         By Distribution Channel Market Share Analysis

10.3.3. UAE Crab Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type Market Share Analysis

10.3.3.2.2.         By Distribution Channel Market Share Analysis

10.3.4. Turkey Crab Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type Market Share Analysis

10.3.4.2.2.         By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1.            Drivers

11.2.            Challenges

12. Impact of COVID-19 on Global Crab Market

12.1.            Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Region Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.            Company Profiles

14.1.1. The J.M. Clayton Company

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Phillips Foods, Inc.

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Blue Star Foods Corp. 

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Nissui Corporation

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. High Liner Foods Incorporated

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Graham & Rollins, Inc.

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. Handy Seafood Incorporated

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Keyport LLC

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. The Plant Based Seafood Co.

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              Harbor Seafood

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.            Key Focus Areas

15.2.            Target By Type

15.3.            Target By Distribution Channel

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Crab Market was estimated to be USD 3.29 billion in 2023.

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Major drivers for the global crab market include growing seafood consumption, increasing demand for sustainable and premium crab products, the rise of convenience foods, and expanding e-commerce platforms facilitating broader access to crabs.

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Major trends in the global crab market include a focus on sustainable sourcing, rising demand for premium and exotic crab varieties, growth of convenience products, and expanding online seafood sales channels.

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Major challenges for the global crab market include overfishing leading to resource depletion, rising operational costs, stringent regulatory requirements for sustainability, and market competition from alternative seafood products, including plant-based options.

profile

Parvati Sharma

Account Manager BD
Press Release

Crab Market Grow with a CAGR of 3.46% through 2029

Nov, 2024

The global crab market is experiencing growth driven by rising demand for seafood, increasing consumption in emerging economies, and advancements in sustainable farming practices