Molluscs Market Size was valued at USD 64.70 billion in 2022 and is expected to reach USD 93.43 billion by 2030, and grow at a CAGR of 4.7% over the forecast period 2023-2030.
Molluscs are one of the vital results of the hydroponics market. They are being developed under a controlled climate to expand the creation for business reasons. Molluscs as a food item are part of the request inside the fish fragment attributable to the healthful advantages it offers. They are viewed as a rich wellspring of minerals, proteins and solid fats. Because of the increment prevalence of Molluscs, it is normal that the related market will develop significantly well before long.
The developing food industry across the globe is expecting market development. In addition, the developing well-being awareness among shoppers has expanded the interest in nutritious food items and the utilization of Molluscs. This diminishes the gamble of constant illnesses, which, thus, is supposed to advance market development during the gauge time frame.
Molluscs and people are most frequently related financially. Molluscs have numerous significant business advantages like fisheries and mariculture however can likewise be answerable for gigantic financial misfortune and human anguish. Molluscs are seen as probably the earliest human home locales in southern Africa a long time back, and almost certainly, people have remembered Molluscs for their eating regimen and as material assets for a long period. All the more as of late, business fisheries have zeroed in on bivalve, gastropod, and cephalopod taxa for food (shellfish, abalone, scallops, Molluscs, cephalopods, and mussels) as well as pearl and button fisheries.
Driving Factors:
The rising interest and utilization of protein-rich weight control plans rather than fatty food item consumption.
Restraining Factors:
Upset transportation and suspended the stockpile of fish food items.
Opportunities:
Expanding interest in handled fish.
Challenges:
The unsold creation of Molluscs has brought about expanding levels of live fish stocks.
The lockdown inside the nations and the conclusion of exercises inside them because of COVID-19 prompted the decrease in the practices connected with hydroponics. This not just impacted the size of the development of Molluscs yet, in addition, the development of the entire market. The shops and retail locations were closed because of the lockdown noticed around the world. This likewise impacted the exchange of the fish items which thus hampered the deals of Molluscs in different nations all over the planet. The offer of the food added substances is supposed to develop after the overall arrival of the lockdown circumstance because of COVID-19.
The rising creation of Crassostrea items in creating economies like India, China, and Japan is driving the development of this section. The rising fame of fish food because of developing mindfulness about wellbeing cognizance among the customers has projected the market development in the conjecture period. The expanding interest for scallops is because of significant protein hotspots for human utilization, which has extended the development of this fragment in the figure time frame. The rising populace, combined with rising fish utilization per capita across the globe, are significant driving variables for the market.
The shopper's tendency toward devouring a sound, nutritious, and protein-rich eating regimen has altogether sped up the interest in frozen fish items. Moreover, the rising interest for handled and bundled fish items overall has projected market development during the conjecture period. Continuously changing ways of life and occupied life timetables of purchasers are requesting handled fish like canned Molluscs, which, thusly, are acquiring ubiquity among the shoppers. Also, the rising utilization of Molluscs items because of a few medical advantages, for example, lessening the gamble of ongoing infections is impelling the development of this portion in the figure time frame.
Providers of Molluscs items utilize the customary retail channel to sell by listening in on others' conversations, publicizing, and showcasing. Buyers incline toward hypermarkets and stores for buying merchandise, staple, and fish food items, where they can truly confirm item quality. Hypermarkets and general store channels are supposed to stay predominant in the gauge period because of further developed circulation channel networks across the globe. The rising reception of the online business area for the shopping of food items and fundamental items by purchasers because of the web infiltration rate has seen rewarding development as of late. A few providers of Molluscs are offering items on their sites as most would consider being normal to drive industry interest during the estimated time frame.
By Cultivation Culture:
Saltwater
Freshwater
Soil
By Application:
Household
Commercial
By Distribution Channel:
Supermarkets and Hypermarkets
Retail Stores
Others
By Species:
Crassostrea
Rudi tapes Philippi arum
Scallops
Others
By Form:
Frozen
Canned
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North America
The USA
Canada
Mexico
Europe
Germany
The UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Asia Pacific made the biggest commitment to the worldwide Molluscs market of more than 60% in 2021. This can be credited to the expanded tendency among shoppers toward a solid way of life and expanding extra cash, which, thus, will drive interest in sound and nutritious food items. The rising utilization of fish food items in nations like China, India, and Japan, inferable from the rising interest in protein-rich fish food items, is driving the business development around here. Particularly in China and India, which have an immense buyer base for food items, this has additionally shown development in the creation of Molluscs items.
Europe is the quickest developing Molluscs market. The developing interest for premium quality food items because of newness, variety of the items, and accommodation for sanitation are supposed to support the market development during the conjecture time frame. The rising utilization of Molluscs items in nations like Germany, Spain, and Italy, is because of the rising mindfulness about the medical advantages that are impelling the market development.
Nereus Aquaculture S.A., Cermaq ASA, Cooke Aquaculture Inc., Blue Ridge Aquaculture, Tassal Group Ltd., Zeal Aqua, The Waterbase Limited, Carter & Sons Ltd, Selonda Aquaculture S.A., and NSF Certification UK Ltd.
Cooke Aquaculture Inc-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | USD 64.70 Billion |
| Market Size by 2030 | USD 93.43 Billion |
| CAGR | CAGR 4.7% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (Abalones, Oysters, Clams, Others) • By Application (Household, Commercial) • by Distribution Channel (Supermarket and Hypermarkets, Retail Stores, Online Stores, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Nereus Aquaculture S.A., Cermaq ASA, Cooke Aquaculture Inc., Blue Ridge Aquaculture, Tassal Group Ltd., Zeal Aqua, The Waterbase Limited, Carter & Sons Ltd, Selonda Aquaculture S.A., and NSF Certification UK Ltd. |
| Key Drivers | •The rising interest and utilization of protein-rich weight control plans rather than fatty food item consumption. |
| Market Opportunities | •Expanding interest in handled fish. |
Ans: Crassostrea segment is projected to make a foothold in the worldwide Molluscs market.
Ans: The rising interest and utilization of protein-rich weight control plans rather than fatty food item consumption and Expanding interest in handled fish are the elements driving and resulting in opportunities for the Molluscs market.
Ans: Cultivation Culture, Application, Distribution Channel, Species, and Form segments are covered in the Molluscs Market
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The Global Molluscs Market Size was valued at USD 61.8 billion in 2021
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Molluscs Market segmentation, by Cultivation Culture
8.1 Saltwater
8.2 Freshwater
8.3 Soil
9. Global Molluscs Market segmentation, by Application
9.1 Household
9.2 Commercial
10. Global Molluscs Market segmentation, by Distribution Channel
10.1 Supermarkets and Hypermarkets
10.2 Retail Stores
10.3 Others
11. Global Molluscs Market segmentation, by Species
11.1 Crassostrea
11.2 Rudi tapes Philippi arum
11.3 Scallops
11.4 Others
12. Global Molluscs Market segmentation, by Form
12.1 Frozen
12.2 Canned
13. Global Molluscs Market, by region/ country
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14. Company profiles
14.1 Nireus Aquaculture S.A.
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 Swot Analysis
14.1.4 The SNS View
14.2 Cermaq ASA
14.3 Cooke Aquaculture Inc.
14.4 Blue Ridge Aquaculture
14.5 Tassal Group Ltd.
14.6 Zeal Aqua
14.7 The Waterbase Limited
14.8 Carter & Sons Ltd
14.9 Selonda Aquaculture S.A.
14.10 NSF Certification UK Ltd.
15. Competitive Landscape
15.1 Competitive Bench Marking
15.2 Market Share Analysis
15.3 Recent Developments
16. Conclusion
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