Crayfish Market - Forecast(2023 - 2028)

Crayfish market size was estimated at $9.8 billion in 2020, growing at a CAGR of 12.7% during the forecast period 2021-2026. Crayfish are also known as crawdads, crawfish, freshwater lobsters, freshwater crustaceans, yabbies, and mudbugs. Crayfish are members of the Astacoidea and Parastacoidea superfamilies, which reside in freshwater crustaceans like tiny lobsters. Crayfish contain omega-3 fatty acids that help improve eyesight by lowering the risk of vision loss and macular degeneration. There are many health benefits of Crayfish, such as it helps in weight loss, development of bones, brain, and prevent depression. It is a good source of iron, and daily consumption of Crayfish aids in the creation and circulation of blood in the body while lowering the risk of anemia and other low iron-related health disorders. Increasing demand for seafood owing to health benefits is one of the major factors driving the growth of the market. Rising concern about the health and growing popularity of omega-3 fatty acids is set to further enhance the overall market development of the Crayfish Market for the period 2021-2026.

Download Report Sample 

Report Coverage

The report: "Crayfish Market Forecast (2021-2026)", by Industry ARC, covers an in-depth analysis of the following segments of the Crayfish Market.
By Type: Red Swamp Crayfish, Ringed Crayfish, Virile Crayfish, Rusty Crayfish and Others.
By Source: Aquaculture and Wild Fishery.
By Application: Food, Pets and Others.
By Distribution Channel: Hypermarkets/Supermarkets, Convenience Store, Speciality Store, Online Retailers and others.
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa).


Key Takeaways

  • Asia-Pacific dominated the Crayfish Market in 2020 owing to increasing awareness about healthy lifestyles among the people in this region. The Crayfish Market scope for different regions will be provided in the final report.
  • Growing demand for processed Crayfish is set to aid the market growth of the Crayfish Market report.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the Crayfish Market market will be provided in the report.

  • High price of Crayfish in the market is poised to create the hurdles for the Crayfish Market.

  • Schedule a Call
  •  

    Crayfish Market Challenges

    High Cost of Crayfish and Regulatory Concern

    The primary factor that is set to impede the growth of the Crayfish market is over High cost of Crayfish as the processing of Crayfish requires a lot of investment. Also, high temperatures in processing may affect the quality of the product. The average price of crayfish range from $6.95 to $149.95 that depends on species, and grade of crayfish.

    Another factor that hampers the market's growth is Regulatory concerns about product use, as well as increasingly strict government policy and regulation in the transportation sector. 

    Market Landscape

    Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Crayfish Market. In 2020, the Crayfish Market share is consolidated by the top ten players present in the market. The Crayfish Market, top 10 companies are, 
    1. Albion Fisheries Ltd.
    2. Cajun Crawfish
    3. Mackay Reef Fish Pty Ltd.
    4. Riceland Crawfish
    5. Acadia Crawfish Co, LLC
    6. Louisiana Crawfish Company
    7. The Louisiana Seafood Company
    8. Alfocan SA
    9. Live Aquaponics
    10. Seven Star Ocean Fisheries Ltd. 

    "We also publish more than 100 reports every month in “Food and Beverage”, Go through the Domain if there are any other areas for which you would like to get a market research study.






Comments

Post a Comment

Popular posts from this blog

US Artichokes Market - Supply Demand Analysis, Top Trends, Future Growth and Forecast (2022-2027)

  The US Artichokes Market research report is an infographic report covering supply, demand and trade statistics for Artichokes, both in volume and value. This report looks at the industry state between 2016-2021 and the forecast till 2027. The report also covers companies, brands, products, trade pricing, patents, university-level research, new product developments, future growth opportunities and M&A analysis. Request Sample  Detailed Scope of the Report 1. The Production, Import Export/Trade statistics for Artichokes between 2016-2021. 2. Historical demand for Artichokes from 2016-2021 and forecast to 2027. 3. Comprehensive list of companies and revenue for 5+ top companies. 4. Major brands, product benchmarking, and new product launches. 5. Assessment of relevant Mergers and Acquisitions. 6. Investment, projects, and R&D initiatives done between 2016 and 2021. 7. Patenting scenario covering patents filed, published, and granted between 2016-2021. 8. Research fram...
Read more

Medical Nutrition Forecast, 2021-2026

The global Medical Nutrition Market was valued   at $45.1 billion   in the year 2020. It is poised   to grow at a CAGR of 7.2% over  the forecast period of 2021-2026. Medical nutrition often relates to the intake of necessary vitamins, minerals, or other supplements to keep health upright or even to fight certain diseases. Acute malnutrition is one of the leading causes of the use of   medical nutrition   supplements. The stage of malnutrition is attained when one doesn’t intake a required form of protein or other necessary components that one’s body needs to function. It is mainly caused by the restricted food supply, which is still prevalent in undeveloped or developing countries. Therefore, a medically approved nutritional diet is recommended post nutritional assessment. A nutritional assessment has four components, starting with a data collection of one’s height and weight and goes to noticing the medical, dietary supplements required to aid one’s diet...
Read more

Dough Product Market Forecast, 2021-2026

Dough Product   Market size was estimated at $14.3 billion in 2020, projected to increase at a CAGR of 17.1% during the forecast period 2021-2026.  Buyers' willingness to adopt western cuisines, especially baking, has fuelled the growth of the Dough products industry. Dough products, such as pasta dough, pizza base, sweet rolls, dinner rolls, and other bread, have become a staple of the human diet owing to their high carbohydrate content, as well as proteins,   dietary fibers , B vitamins, and minerals. They're fast-moving consumer goods (FMCG) that people buy on a regular basis. Owing to their palatability, attractiveness, and ease of digestion, they are popular in both formal and informal settings. Consumers in emerging nations, on the other hand, have higher living standards and are altering their lifestyles as a consequence of cultural shifts and expanding new markets, which is propelling the dough products industry. New product releases are also assisting the industr...
Read more