Latest News- Crab Market: Foodservice is expected to lead the End-user segment during 2025-2029

The Crab Market is being driven by Rising awareness about nutritional benefits of crabs

The Crab Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6065.2 million. In the complex world of food consumption, the country of origin significantly influences purchasing decisions. US consumers, in particular, hold a preference for products originating from North America, believing them to be fresher, tastier, and safer. To cater to this demand, the United States implemented Country-of-Origin Labeling (COOL) regulations. However, the implementation of COOL comes with added costs for producers. Consequently, the US government's decision to repeal COOL in regions like Canada and Mexico has been met with controversy, as these countries argue that the labeling requirements discriminate against their producers. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Foodservice
  • Retail
• Environment
  • Aquaculture
  • Capture fisheries
• Geography
  • APAC
    • China
    • India
    • Thailand
    • Vietnam
  • North America
    • Canada
    • US
  • Europe
    • France
    • Italy
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising awareness about nutritional benefits of crabs
• Expansion of retail stores offering crabs
• Growing prominence of land-based aquaculture

However, the market also witnesses some limitations, which are as follows:

• Overfishing and decline in certain species of crabs
• Environmental concerns about fishing of crabs
• Stringent regulations for seafood such as crabs

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Market Scope in Crab Market Research Report

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Research Analysis Overview

The crab market report provides insights into current seafood consumption and retail trends, focusing on the crab industry. Key players, challenges, and forecasts are examined in the crab market analysis. Omega-3 rich crabs are in high demand due to their nutritional benefits. Preservation methods and sustainable practices are shaping the market. Restaurants and distribution channels drive seafood tourism, while data and research reveal market size and growth. Processing solutions, meal prep, and convenience foods are shaping the industry, with crab meat suppliers meeting the demand for quick and healthy meals. Food technology and automated processing are also influencing the crab market. Cultural significance and nutritional facts add to the appeal of this nutritious and sustainable seafood choice.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and enhance shelf life. According to Technavio, the market's size is determined by the consolidated revenue of participating vendors. This market segment excludes equipment manufacturers and producers of packaged beverages, including alcoholic and non-alcoholic varieties. Key growth drivers for the packaged foods and meats market include the health benefits derived from consuming minimally processed foods. These foods, such as vegetables, are rich in essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. Additionally, omega-3 fatty acids found in seafood, like crab, contribute to improved cognitive function and heart health by reducing blood levels of bad cholesterol and triglycerides. However, it is essential to ensure the crab meat is readily digestible and free from contaminants, such as spinal meningitis, to maintain food safety.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/