The Japan lobster market is currently witnessing moderate growth. Lobster is an invertebrate with a rigid, segmented exoskeleton and modified claws. It belongs to the phylum Arthropoda family, comprising a wide variety of essential nutrients. These include copper, zinc, selenium, phosphorous, magnesium, vitamin E and B12, and omega-3 fatty acid. Lobsters contain less fat as compared to chicken and are considered to be rich and decadent food. Consequently, their intake has increased among health-conscious consumers in Japan.
Japan holds a significant share in the global lobster market. The market is primarily driven by numerous health and nutritional benefits offered by lobsters. Due to the presence of proteins, lobsters are widely consumed to repair damaged tissues, strengthen bones, and boost energy. They also act as an antioxidant and help in improving thyroid function. Besides this, frozen lobster is exported from Canada into Japan due to its easy availability and inadequate domestic production in Japan. Furthermore, market players are adding several value-added products to their product lines, which are gaining popularity in Japan, thereby enhancing the existing consumer base across the country. Looking forward, IMARC Group expects the market to continue its moderate growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the Japan lobster market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, species, weight, product type and distribution channel.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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