According to IMARC Group latest report titled” Oyster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited negative growth in 2020. The Global Oyster Market size to grow at a CAGR of around 5% during 2021-2026. Oyster is a common name for various salt-water bivalve mollusks obtained from the ocean. It can be identified using rough irregular shells of a greyish-white shade. It is an essential source of omega-3 fatty acids, vitamin C, zinc, minerals, copper, niacin, and riboflavin. Its consumption assists in improving overall cardiovascular health, enhancing muscle growth, boosting immunity, maintaining bone strength, and promoting weight loss.
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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 purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The significantly expanding bivalve aquaculture sector across the globe represents one of the key factors strengthening the market growth. Apart from this, oyster acts as a pivotal ingredient in Japanese, Chinese, Vietnamese, Indonesian, and Malaysian cuisines. This, in confluence with the rising penetration of inter-continental food trends and the increasing willingness amongst individuals to try gourmet seafood, is catalyzing the demand for oysters around the world. Furthermore, key players are focusing on adopting innovative solutions for the in-house and domestic cultivation of oysters in artificial marine-like environments. This, along with numerous improvements in the supply chain systems of fresh, canned, and frozen oysters, is positively influencing the market.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Chatham Shellfish Company
- JM Clayton Seafood Company
- Maine Lobster Now
- Hog Island Oyster Company
- Hoopers Island Oyster Company
- Huitres Favier Earl
- Huîtres Hélie
- Mere Point Oyster Company
- Morro Bay Oyster Company
- Murder Point Oysters
- Pangea Shellfish & Seafood Company, Inc.
- Tomales Bay Oyster Company LLC
- Westcott Bay Shellfish Company
- White Stone Oyster Company
Oyster Market Segmentation:
Our report has categorized the market based on region, oyster type, end user and packaging form.
Breakup by Oyster Type:
- Cupped Oyster
- Pacific Cupped Oyster
- American Cupped Oyster
- Penguin Wing Oyster
Breakup by End User:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Outlets
- Online Channels
Breakup by Packaging Form:
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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