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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 sectors. 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, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on 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.
|Base Year of the Analysis||2020|
|Units||US$ Million, ‘000 Metric 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$ 2299
Five User License: US$ 3399
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)|
We expect the global oyster market to grow at a CAGR of around 5% during 2021-2026.
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, where the retail sector currently exhibits a clear dominance in the market.
Based on the packaging form, the global oyster market can be categorized into fresh, frozen, canned, and others. Among these, fresh packaging accounts for the majority of the global market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
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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