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Lobster Market Size, Share, Analysis and Forecast 2022-2027

Lobster Market Size, Share, Analysis and Forecast 2022-2027

 

 
According to IMARC Group's latest report, titled "Lobster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global market reached a value of US$ 6.3 Billion in 2021. Lobsters are marine crustaceans containing a hard shell and a pair of long claws. They are one of the most preferred delicacies around the world. Lobsters are low in calories and high in necessary nutrients, including copper, selenium, zinc, vitamins B12 and E, phosphorus, omega 3 fatty acid, and magnesium. They are also an excellent protein and antioxidant source, which helps protect against anemia, depression, and thyroid diseases. Consequently, lobsters are mainly used in the preparations of soups, cocktails, salads, and sandwiches and are widely available in whole or chopped pieces.

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The rising consumer awareness regarding the health benefits of lobsters has significantly surged its global demand. The regular consumption of lobster helps reduce inflammation, minimize the risk of obesity, and improve cognitive functioning. Additionally, the improving fishery sector and the increasing consumer per capita income in developing countries are factors bolstering the market growth. Moreover, the growing demand for convenient food products, such as canned and vacuum-packed lobsters, in confluence with their easy availability in different retail stores, is providing a considerable boost to the market growth. Looking forward, IMARC Group expects the market to reach US$ 11.1 Billion by 2027, exhibiting a CAGR of 9.94% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Segmentation:

Market Breakup by Species:

American Lobster
Spiny Lobster
Rock Lobster
European Lobster

Market Breakup by Weight:

5 - 0.75 lbs
76 - 3.0 lbs
Over 3 lbs

Market Breakup by Product Type:

Whole Lobster
Lobster Tail
Lobster Meat
Lobster Claw

Market Breakup by Distribution Channel:

Food Service
Retail

Regional Insights:

North America
Europe
Asia
Oceania
Others

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/lobster-market

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports by IMARC Group:

Instant Noodles Market: https://www.imarcgroup.com/prefeasibility-report-on-an-instant-noodle-processing-plant

Swine Feed Market: https://www.imarcgroup.com/swine-feed-market

Banana Powder Market: https://www.imarcgroup.com/banana-powder-manufacturing-plant

Rice Bran Oil Market: https://www.imarcgroup.com/rice-bran-oil-processing-plant

North America Ice Cream Market: https://www.imarcgroup.com/north-america-ice-cream-market

Contact Us:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA - Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.


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