North America Crab Market (2024-2030) | Share, Growth, Revenue, Value, Analysis, Size, Trends, Outlook, Industry, Companies & Forecast

Market Forecast by Countries (United States, Canada), By Type (Blue Crab, Chinese Mitten Crab, Gazami Crab, Others), By Form (Frozen, Canned, Others) And Competitive Landscape

Product Code: ETC075447	Publication Date: Aug 2021	Updated Date: Jun 2024	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 200	No. of Figures: 90	No. of Tables: 30

Topics Covered in North America Crab Market Report

North America Cotton Market report thoroughly covers the market by countries, type and form. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America Crab Market Synopsis

North America crab market is projected to grow at a considerable rate during the forecast period. This growth can be attributed to various factors such as increasing demand for crab meat in the food and hospitality industry, rising consumer awareness about the health benefits of consuming seafood, and government initiatives promoting sustainable fishing practices.

According to 6Wresearch, North America Crab Market size is expected to grow at a significant CAGR of 7% during 2024-2030. One of the key drivers of this market is the growing popularity of crabs as a delicacy in North American cuisine. Crabs are considered a gourmet food item and are often featured on menus in high-end restaurants and hotels. This trend has led to an increase in demand for crab meat, especially during the holiday season and special occasions.

Moreover, with consumers becoming more health-conscious, there has been a significant shift towards including seafood in their diets. Crabs are a rich source of protein, essential vitamins, and minerals such as omega-3 fatty acids and selenium. This has further boosted the demand for crab meat in North America.

However, despite these positive factors, the market also faces challenges such as fluctuating prices of crabs due to weather conditions affecting fishing seasons and concerns about overfishing leading to depletion of crab populations. Additionally, there is also the issue of sustainability in the industry, with concerns about the negative impact of commercial crab fishing on the marine ecosystem.

North America Crab Industry: Leading Players

Some of the key players in the North America crab market include Phillips Foods Inc., King & Prince Seafood Corp., Blue Star Foods Corp., and High Liner Foods. These companies are constantly innovating and investing in new technologies to improve fishing techniques and meet consumer demand for sustainable seafood products.

Crab Market in North America: Government Initiatives

The government has also taken steps towards promoting sustainable fishing practices in the region. For instance, the National Oceanic and Atmospheric Administration (NOAA) Fisheries agency has implemented regulations and quotas to ensure responsible management of crab populations. Additionally, certification programs such as the Marine Stewardship Council (MSC) have been established to certify and promote sustainable crab fishing practices.

Market Segmentation by Countries

According to Ravi Bhandari, Research Head, 6Wresearch, the United States is the largest consumer of crabs in North America. This can be attributed to its diverse population that appreciates seafood cuisine and also due to its large coastal areas where crab fishing is a major economic activity.

Market Segmentation by Type

It is predicted that the blue crab segment will experience the highest growth rate during the forecast period. This can be attributed to its wide availability across North America and its popularity among consumers for its sweet and succulent meat.

Key Attractiveness of the Report

10 Years Market Numbers.
Historical Data Starting from 2020 to 2023.
Base Year: 2023
Forecast Data until 2030.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report

North America Crab Market Outlook
Market Size of North America Crab Market, 2020
Forecast of North America Crab Market, 2030
Historical Data and Forecast of North America Crab Revenues & Volume for the Period 2020 - 2030
North America Crab Market Trend Evolution
North America Crab Market Drivers and Challenges
North America Crab Price Trends
North America Crab Porter's Five Forces
North America Crab Industry Life Cycle
Historical Data and Forecast of North America Crab Market Revenues & Volume By Type for the Period 2020 - 2030
Historical Data and Forecast of North America Crab Market Revenues & Volume By Blue Crab for the Period 2020 - 2030
Historical Data and Forecast of North America Crab Market Revenues & Volume By Chinese Mitten Crab for the Period 2020 - 2030
Historical Data and Forecast of North America Crab Market Revenues & Volume By Gazami Crab for the Period 2020 - 2030
Historical Data and Forecast of North America Crab Market Revenues & Volume By Others for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Type for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Blue Crab for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Chinese Mitten Crab for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Gazami Crab for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Others for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Type for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Blue Crab for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Chinese Mitten Crab for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Gazami Crab for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Others for the Period 2020 - 2030
Historical Data and Forecast of North America Crab Market Revenues & Volume By Form for the Period 2020 - 2030
Historical Data and Forecast of North America Crab Market Revenues & Volume By Frozen for the Period 2020 - 2030
Historical Data and Forecast of North America Crab Market Revenues & Volume By Canned for the Period 2020 - 2030
Historical Data and Forecast of North America Crab Market Revenues & Volume By Others for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Form for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Frozen for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Canned for the Period 2020 - 2030
Historical Data and Forecast of United States Crab Market Revenues & Volume By Others for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Form for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Frozen for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Canned for the Period 2020 - 2030
Historical Data and Forecast of Canada Crab Market Revenues & Volume By Others for the Period 2020 - 2030
North America Crab Market - Key Performance Indicators
North America Crab Market - Import Export Trade Statistics
North America Crab Market - Opportunity Assessment By Countries
North America Crab Market - Opportunity Assessment By Type
North America Crab Market - Opportunity Assessment By Form
North America Crab Market - Top Companies Market Share
North America Crab Market - Top Companies Profiles
North America Crab Market - Comparison of Players in Technical and Operating Parameters
North America Crab Market - Strategic Recommendations