Octopus is heavily consumed in countries like Spain and Italy in Southern Europe. However, the extensive supply of Octopus comes from countries such as Indonesia and Mexico. Octopus growth rates are relatively high and they also have a short life cycle, making them suitable for commercial aquaculture. The major producer of Octopus are; China and Japan. Globally, the importers of Octopus are; the United States, Italy, and Spain. According to this latest report, the Global Octopus Market is expected to reach 624,490 Metric Tons by 2025.
The main drivers of the market's growth are; increasing exotic meat demand, rising disposable income, the world's taste preferences are shifting towards Octopus, raising awareness around the world of healthy food consumption, increasing aquaculture farming of Octopus. With a wide range of essential nutrients, octopus meat is enriched in minerals, nutrients, and healthy fats. It is also a good source of fatty acids and traces minerals and Omega-3. Besides, the presence of high iron content in octopus meat helps to maintain a healthy immune system.
Global octopus fisheries also cited increasing global consumption and Spanish tapas as boosting demand in all key markets. Meanwhile, supply has dwindled in due to "poor" catches in some of the biggest producing countries such as Morocco and Mauritania, predicting the upwards trends in trading prices would continue.
China is one of the biggest Producer of Octopus
The publisher has done a comprehensive assessment of the largest producer of Octopus. China is one of the largest producers of Octopus worldwide. We have studied top six Countries production of Octopus in this report and these are: China, Morocco, Mauritania, Japan, South Korea, Mexico and Others.
Europe is the Largest Importer of Octopus worldwide
In this report, we have given complete insight into major global Importer countries of Octopus. Octopus consuming countries covered in the report are United States, Italy, Spain, Japan, Portugal and Canada. Europe is the largest importer of Octopus.
Mexico one of the Largest Exporter of Octopus Globally
In this report, we have covered the top exporter of Octopus along with its volume in metric tons. Also, we have explained the core factors due to which they became a top exporting nation of Octopus. The top exporting countries covered in this report are Mexico, Spain, Philippines, India, Senegal and Indonesia.
This report titled “Global Octopus Market Production by Countries (Mexico, Morocco, Mauritania, China, Japan, South Korea and Others) Import (United States, Italy, Spain, Japan, Portugal, Canada), Export (Mexico, Spain, Senegal, India, Indonesia, Philippines) Value Chain Analysis & Forecast” provides a complete analysis of global Octopus market.
Global Octopus Producing Countries
- Mexico
- Morocco
- Mauritania
- China
- Japan
- South Korea
- Others
Global Octopus Importing Countries
- United States
- Canada
- Italy
- Spain
- Portugal
- Japan
Global Octopus Exporting Countries
- Mexico
- Spain
- Senegal
- India
- Indonesia
- Philippines
Table of Contents
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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