The Crab Market in APAC is segmented by End-user (Foodservice and Retail), Environment (Aquaculture and Capture fisheries), and Geography (APAC). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 2416.9 million, at a CAGR of 3.2% during the forecast period. There are several companies that are contributing to the market as per this report. Growth of sustainable fishing practices.
In the APAC region, the crab market presents significant growth opportunities for businesses. With increasing consumer preference for seafood and a growing middle class population, the demand for crab is on the rise. Key markets like China, Japan, and South Korea are major consumers, driving market expansion. Sustainable sourcing and innovative production methods are essential to meet demand while maintaining ethical and environmental standards. Businesses must stay informed of regulatory changes and market trends to capitalize on this lucrative market.
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In the APAC region, the crab market presents a significant business opportunity. With increasing consumer preference for high-protein and sustainable seafood options, the demand for crab is on the rise. Key players in the industry include Thailand, Indonesia, and the Philippines, contributing over 80% of the global crab production. Strategic partnerships, innovation, and adherence to sustainable fishing practices are essential for market success.
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The crab market in APAC is a significant player in the global seafood industry, with a focus on claw meat and lump crab meat as key products. Harvesting and processing of decapod crustaceans, including Mud crabs, Chinese Mitten Crabs, Gazami crabs, and Blue crabs, are major activities in the region. The foodservice industry is a significant consumer of crab meat products, which are used in various dishes due to their high protein, nutrient, and mineral content. Crab meat is gluten-free and rich in omega-3 fatty acids, selenium, zinc, copper, DHA, and other essential minerals. Crab meat is available in canned and frozen forms, making it convenient for foodservice establishments and retail stores. However, concerns over contaminants such as arsenic, mercury, and cadmium in crab meat have emerged, leading to increased scrutiny of processing methods. Land-based aquaculture is increasingly being adopted to mitigate these risks. The market for crab meat products is expected to continue growing, driven by increasing demand from the foodservice industry and health-conscious consumers.
In the agricultural products and services market within the APAC region, the sector is categorically divided into food and non-food product and service segments. The market encompasses various activities, including agriculture, aquaculture, floriculture, and horticulture, as well as associated services such as soil fertility and composting, land management, fencing, biocide services, biotechnology, and grooming. Pre-production processes are a crucial aspect of this market, encompassing activities like crop or species selection and land or pond preparation, which significantly impact the overall productivity and quality of agricultural outputs. In the context of aquaculture, this stage involves careful selection of appropriate species and water conditions to ensure optimal growth and yield of crustaceans, diadromous fish, freshwater fish, marine fish, mollusks, and aquatic plants. - The Crab Market in APAC is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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