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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Lobster Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The United States lobster market is currently witnessing moderate growth. 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. On account of these factors, IMARC Group expects the market to continue its moderate growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States lobster market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, 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.

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), 2014-2019
Figure 3: United States: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 4: United States: Lobster Market: Breakup by Species (in %), 2019
Figure 5: United States: Lobster Market: Breakup by Weight (in %), 2019
Figure 6: United States: Lobster Market: Breakup by Product Type (in %), 2019
Figure 7: United States: Lobster Market: Breakup by Distribution Channel (in %), 2019
Figure 8: United States: Lobster Market: Breakup by Region (in %), 2019
Figure 9: United States: Lobster (American Lobster) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 10: United States: Lobster (American Lobster) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 11: United States: Lobster (Spiny Lobster) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 12: United States: Lobster (Spiny Lobster) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 13: United States: Lobster (Rock Lobster) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 14: United States: Lobster (Rock Lobster) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 15: United States: Lobster (European Lobster) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 16: United States: Lobster (European Lobster) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 17: United States: Lobster (0.5 – 0.75 lbs) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 18: United States: Lobster (0.5 – 0.75 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 19: United States: Lobster (0.76 – 3.0 lbs) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 20: United States: Lobster (0.76 – 3.0 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 21: United States: Lobster (Over 3 lbs) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 22: United States: Lobster (Over 3 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 23: United States: Lobster (Whole Lobster) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 24: United States: Lobster (Whole Lobster) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 25: United States: Lobster (Lobster Tail) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 26: United States: Lobster (Lobster Tail) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 27: United States: Lobster (Lobster Meat) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 28: United States: Lobster (Lobster Meat) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 29: United States: Lobster (Lobster Claw) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 30: United States: Lobster (Lobster Claw) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 31: United States: Lobster (Food Service) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 32: United States: Lobster (Food Service) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 33: United States: Lobster (Retail) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 34: United States: Lobster (Retail) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 35: Northeast: Lobster Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 36: Northeast: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 37: Midwest: Lobster Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 38: Midwest: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 39: South: Lobster Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 40: South: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 41: West: Lobster Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 42: West: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
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, 2019 and 2025
Table 2: United States: Lobster Market Forecast: Breakup by Species (in ‘000 Tons), 2020-2025
Table 3: United States: Lobster Market Forecast: Breakup by Weight (in ‘000 Tons), 2020-2025
Table 4: United States: Lobster Market Forecast: Breakup by Product Type (in ‘000 Tons), 2020-2025
Table 5: United States: Lobster Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2020-2025
Table 6: United States: Lobster Market Forecast: Breakup by Region (in ‘000 Tons), 2020-2025
Table 7: United States: Lobster Market: Competitive Structure
Table 8: United States: Lobster Market: Key Players

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