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Dry-Packaged Scallops Market - Forecasts from 2023 to 2028

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    Report

  • 140 Pages
  • September 2023
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5899277

The dry-packaged scallops market is expected to grow at a CAGR of 4.8% during the forecast period

The dry-packed scallops sector has seen significant technological advancements, facilitating efficient manufacturing, an expanded product variety, sophisticated design and packaging, efficient operational maintenance, and effective sales monitoring.

The development of shellfish, which includes bivalves, mollusks, cockles, shellfish, mussels, clams, pipis, and scallops intended for human use, has also increased. Administrative experts may provide, store, or handle shellfish for a fee. This includes growing, harvesting, or gathering shellfish, depurating and storing shellfish in water, developing altercation, or turning on young bivalve mollusks. As the production of scallops progresses, such variables influence the global dry-pressed scallop market.

Cultivating shellfish for human food, such as mollusks, bivalves, clams, mussels, pipis, cockles, and scallops, is becoming more common. Since scallops are seasonal food, more must be cultivated to guarantee their availability during the off-season. The second-largest market for scallops in dry packaging is in North America. One of the biggest marketplaces in North America is the United States, controlled by both on- and off-trade shops. Rising online sales are seen as a new trend taking off in the marketplace. Seafood and scallop sales online are constantly increasing, especially during the holidays.

Increasing demand for aquaculture of Molluscan Shellfish

For human consumption, molluscan shellfish aquaculture produces exceptional quality and value seafood. Oysters, mussels, scallops, abalones, and clams are some of the common molluscan groupings raised for food in aquaculture worldwide. Scallop production has expanded due to its nutritional advantages, including zinc, vitamin B12, and omega-3 fatty acids that support a healthy brain and immune system. Furthermore, shellfish aquaculture is the most ecologically friendly culture and will keep growing as new technology and better production methods are developed.

The rapidly expanding e-commerce channels

Online sales of seafood, particularly scallops, have increased. Online sales of seafood are known to increase throughout the Christmas season. Manufacturers are concentrating on growing their sales in light of this trend. To boost sales, manufacturers provide discounts on a variety of goods. During the festive seasons, demand for premium goods remains strong. Customers are increasingly purchasing seafood online as they get more comfortable doing so. When it comes to high-end fish items, this tendency is more pronounced.

Asia Pacific is projected to hold a prominent share of the global dry-packaged scallops market

Scallop production is mostly concentrated in China, Japan, the United States, and Korea. Furthermore, several nations, including Thailand and Singapore, consume enormous amounts of mollusks, of which scallops make up a significant portion. Throughout the projected period, the need for scallop aquaculture and the rising population in the Asia-Pacific region will propel the market for dry-packed scallops. Trade in bivalve species and other marine items has not fully grown between underdeveloped nations and important markets. Concerns over public health is the primary factor for this. Many nations that export live, dried, or fresh bivalves/mollusks cannot comply with the severe standards that importing countries impose.

Market Developments:

  • In February 2023, the former Francis Dawn was added to Blue Harvest Fisheries' groundfish fleet as part of the company's ambition to build a new, contemporary fleet.

Market Segmentation:

By Type

  • Bivalve
  • Mollusks
  • Cockles
  • Clams
  • Mussels
  • Oysters
  • Pipis
  • Scallops

By Geography

  • North America
  • United States
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Others
  • Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Indonesia
  • Thailand
  • Others

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL DRY-PACKAGED SCALLOPS MARKET BY TYPE
5.1. Introduction
5.2. Bivalve
5.3. Mollusks
5.4. Cockles
5.5. Clams
5.6. Mussels
5.7. Oysters
5.8. Pipis
5.9. Scallops
6. GLOBAL DRY-PACKAGED SCALLOPS MARKET BY GEOGRAPHY
6.1. Introduction
6.2. North America
6.2.1. United States
6.2.2. Canada
6.2.3. Mexico
6.3. South America
6.3.1. Brazil
6.3.2. Argentina
6.3.3. Others
6.4. Europe
6.4.1. United Kingdom
6.4.2. Germany
6.4.3. France
6.4.4. Spain
6.4.5. Others
6.5. Middle East and Africa
6.5.1. Saudi Arabia
6.5.2. UAE
6.5.3. Israel
6.5.4. Others
6.6. Asia Pacific
6.6.1. Japan
6.6.2. China
6.6.3. India
6.6.4. South Korea
6.6.5. Indonesia
6.6.6. Thailand
6.6.7. Others
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Market Share Analysis
8. COMPANY PROFILES
8.1. PanaPesca USA
8.2. Blue Harvest Fleet and Marine Services
8.3. Seacore Seafood
8.4. SAM RUST SEAFOOD
8.5. HKJEBN

Companies Mentioned

  • PanaPesca USA
  • Blue Harvest Fleet and Marine Services
  • Seacore Seafood
  • SAM RUST SEAFOOD
  • HKJEBN

Methodology

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