The global oyster market exhibited negative growth in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Oysters refer to bivalve mollusks that grow naturally in marine or brackish water. They are mostly identified with rough irregular shells with a greyish white shade. Different varieties of oysters are either consumed as a delicacy or are farmed for producing pearls. They act as a rich source of omega-3 fatty acids, vitamin C, minerals, zinc, copper, niacin, riboflavin, etc. Oysters help in enhancing muscle growth, improving overall cardiovascular health, maintaining bone strength, boosting immunity, promoting weight loss, etc. Some of the common variants of oysters include cupped oysters, Pacific oysters, American oysters, Penguin oysters, etc.
The expanding bivalve aquaculture sector coupled with the growing number of trade activities for seafood is primarily driving the market for oysters. Moreover, the rising consumer preferences for bivalves and thick-shelled seafood variants are also propelling the market growth. Additionally, the increasing penetration of inter-continental food trends along with the growing inclination towards gourmet seafood cuisines is further augmenting the demand for oysters. Besides this, several upgradations in the supply chain systems of fresh, canned, and frozen oysters are also catalyzing the market growth. Numerous key players are adopting innovative solutions for the domestication and in-house cultivation of oysters in artificial marine-like environments to cater to their rising consumer demand.
IMARC Group provides an analysis of the key trends in each sub-segment of the global oyster market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, oyster type, end user and packaging form.
Breakup by Oyster Type:
Breakup by End User:
Breakup by Packaging Form:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Chatham Shellfish Company, JM Clayton Seafood Company, Maine Lobster Now, France Naissain, 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 and White Stone Oyster Company.
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