Oyster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Oyster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A3856
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Market Overview:

The global oyster market size reached 7.11 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 8.34 Million Tons by 2028, exhibiting a growth rate (CAGR) of 3.24% during 2023-2028.

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.

 

 
 

 

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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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global oyster market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on oyster type, end user and packaging form.

Breakup by Oyster Type:

 

 
 

 

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  • Cupped Oyster
  • Pacific Cupped Oyster
  • American Cupped Oyster
  • Penguin Wing Oyster
  • Others
     

Breakup by End User:

  • Foodservice
  • Retail
    • Supermarkets and Hypermarkets
    • Convenience Stores
    • Specialty Outlets
    • Online Channels
    • Others
       

Breakup by Packaging Form:

  • Fresh
  • Frozen
  • Canned
  • Others
     

Breakup by Region:

 

 
 

 

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  • Asia Pacific
    • China
    • Indonesia
    • India
    • Vietnam
    • Japan
    • Bangladesh
    • Others
  • North America
    • United States
    • Canada
  • Europe
    • France
    • Ireland
    • Netherlands
    • United Kingdom
    • Spain
    • Others
  • Latin America
    • Chile
    • Mexico
    • Brazil
    • Others
  • Middle East and Africa
    • Egypt
    • Morocco
    • Nigeria
    • Others
       

Competitive Landscape:

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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Million, Million Tons
Segment Coverage Oyster Type, End User, Packaging Form, Region
Region Covered  Asia Pacific, North America, Europe, Latin America, Middle East and Africa
Countries Covered China, Indonesia, India, Vietnam, Japan, Bangladesh, United States, Canada, France, Ireland, Netherlands, United Kingdom, Spain, Russia, Chile, Mexico, Brazil, Egypt, Morocco, Nigeria
Companies Covered 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
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

We expect the global oyster market to grow at a CAGR of 3.24% during 2023-2028.

The growing number of trade activities for seafood and the increasing penetration of inter-continental food trends represent some of the factors driving the global oyster market. 

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nation resulting in a decline in aquaculture practices across several nations, thereby, negatively impacting the oyster market.

Based on the oyster type, the global oyster market can be segmented into cupped oyster, pacific cupped oyster, american cupped oyster, penguin wing oyster, and others. Currently, pacific cupped oyster holds the majority of the total market share.

Based on the end user, the global oyster market has been divided into foodservice and retail.

Based on the packaging form, the global oyster market can be categorized into fresh, frozen, canned, and others. 

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.

Some of the major players in the global oyster market include 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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Oyster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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