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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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