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United States Lobster Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
The United States lobster market reached a volume of XX kilo tons in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth 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. These insights are included in the report as a major market contributor.
Lobsters refer to marine creatures belonging to the crustacean family, having a long cylindrical body and five pairs of jointed legs. They have a hard chitinous exoskeleton that is greenish or brownish in color but turns red after it is cooked. They consist of numerous essential nutrients, such as copper, phosphorous, zinc, omega-3 fatty acid, magnesium, and vitamins E and B12, which provide protection against thyroid dysfunction, reduce inflammation, boost energy, and improve cognition ability. In the United States, lobsters are available in various sizes and weights. The presence of different kinds of lobsters caters to the taste and preferences of a large number of consumers across the country.
The United States represents one of the largest markets for lobsters, primarily driven by the increased number of catches over the decade due to the robust management measures. Canned lobster is a popular value-added lobster product available at accessible prices in supermarkets across the country. Moreover, with the introduction of new technologies, a system has been developed for projecting changes in ocean climate within a geographic fishery management area. This tool has enabled fishermen, policymakers, and resource managers to plan the sustainability of the lobster fishery in Nova Scotia and Canadian waters of the Gulf of Maine. In addition to this, the lobster quality and innovation center is engaged in finding new ways to further advance the quality and export value of lobsters.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States lobster market, along with forecasts at the country and regional level from 2021-2026. 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:
Northeast
Midwest
South
West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2020
Historical Period
2015-2020
Forecast Period
2021-2026
Units
‘000 Tons
Segment Coverage
Species, Weight, Product Type, Distribution Channel, Region
Region Covered
Northeast, Midwest, South, West
Customization Scope
10% Free Customization
Report Price and Purchase Option
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:
How has the United States lobster market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the United States 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 United States lobster market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology 3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends 5 United States Lobster Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast 6 Market Breakup by Species
6.1 American Lobster
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Spiny Lobster
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Rock Lobster
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 European Lobster
6.4.1 Market Trends
6.4.2 Market Forecast 7 Market Breakup by Weight
7.1 0.5 – 0.75 lbs
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 0.76 – 3.0 lbs
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Over 3 lbs
7.3.1 Market Trends
7.3.2 Market Forecast 8 Market Breakup by Product Type
8.1 Whole Lobster
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Lobster Tail
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Lobster Meat
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Lobster Claw
8.4.1 Market Trends
8.4.2 Market Forecast 9 Market Breakup by Distribution Channel
9.1 Food Service
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Retail
9.2.1 Market Trends
9.2.2 Market Forecast 10 Market Breakup by Region
10.1 Northeast
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Midwest
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 South
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 West
10.4.1 Market Trends
10.4.2 Market Forecast 11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats 12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes 14 Price Analysis
15 Policy and Regulatory Landscape
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
List of Figures
Figure 1: United States: Lobster Market: Major Drivers and Challenges
Figure 2: United States: Lobster Market: Volume Trends (in ‘000 Tons), 2015-2020
Figure 3: United States: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 4: United States: Lobster Market: Breakup by Species (in %), 2020
Figure 5: United States: Lobster Market: Breakup by Weight (in %), 2020
Figure 6: United States: Lobster Market: Breakup by Product Type (in %), 2020
Figure 7: United States: Lobster Market: Breakup by Distribution Channel (in %), 2020
Figure 8: United States: Lobster Market: Breakup by Region (in %), 2020
Figure 9: United States: Lobster (American) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 10: United States: Lobster (American) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 11: United States: Lobster (Spiny) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 12: United States: Lobster (Spiny) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 13: United States: Lobster (Rock) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 14: United States: Lobster (Rock) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 15: United States: Lobster (European) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 16: United States: Lobster (European) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 17: United States: Lobster (0.5 – 0.75 lbs) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 18: United States: Lobster (0.5 – 0.75 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 19: United States: Lobster (0.76 – 3.0 lbs) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 20: United States: Lobster (0.76 – 3.0 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 21: United States: Lobster (Over 3 lbs) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 22: United States: Lobster (Over 3 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 23: United States: Lobster (Whole) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 24: United States: Lobster (Whole) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 25: United States: Lobster (Tail) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 26: United States: Lobster (Tail) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 27: United States: Lobster (Meat) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 28: United States: Lobster (Meat) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 29: United States: Lobster (Claw) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 30: United States: Lobster (Claw) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 31: United States: Lobster (Food Service) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 32: United States: Lobster (Food Service) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 33: United States: Lobster (Retail) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 34: United States: Lobster (Retail) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 35: Northeast: Lobster Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 36: Northeast: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 37: Midwest: Lobster Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 38: Midwest: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 39: South: Lobster Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 40: South: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 41: West: Lobster Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 42: West: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 43: United States: Lobster Industry: SWOT Analysis
Figure 44: United States: Lobster Industry: Value Chain Analysis
Figure 45: United States: Lobster Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Lobster Market: Key Industry Highlights, 2020 and 2026
Table 2: United States: Lobster Market Forecast: Breakup by Species (in ‘000 Tons), 2021-2026
Table 3: United States: Lobster Market Forecast: Breakup by Weight (in ‘000 Tons), 2021-2026
Table 4: United States: Lobster Market Forecast: Breakup by Product Type (in ‘000 Tons), 2021-2026
Table 5: United States: Lobster Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2021-2026
Table 6: United States: Lobster Market Forecast: Breakup by Region (in ‘000 Tons), 2021-2026
Table 7: United States: Lobster Market: Competitive Structure
Table 8: United States: Lobster Market: Key Players
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