Japan Lobster Market

Market Overview:

The Japan lobster market size reached 6,800 Tons in 2022. Looking forward, IMARC Group expects the market to reach 14,300 Tons by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Japan lobster market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on species, weight, product type and distribution channel.

Breakup by Species:

• American Lobster
• Spiny Lobster
• Rock Lobster
• European Lobster
   

Breakup by Weight:

• 0.5 – 0.75 lbs
• 0.76 – 3.0 lbs
• Over 3 lbs
   

Breakup by Product Type:

• Whole Lobster
• Lobster Tail
• Lobster Meat
• Lobster Claw
   

Breakup by Distribution Channel:

• Food Service
• Retail
   

Breakup by Region:

• Kanto Region
• Kinki Region
• Central/ Chubu Region
• Kyushu-Okinawa Region
• Tohoku Region
• Chugoku Region
• Hokkaido Region
• Shikoku Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Japan lobster market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Japan lobster market?
• What are the key regional markets?
• What is the breakup of the market based on the species?
• What is the breakup of the market based on the weight?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Japan lobster market and who are the key players?
• What is the degree of competition in the industry?