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Crustacean Market - Global Forecast 2025-2032

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    Report

  • 197 Pages
  • October 2025
  • Region: Global
  • 360iResearch™
  • ID: 6082619
UP TO OFF until Jan 01st 2026
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The global crustacean market is at a critical strategic inflection point. Senior executives face a landscape shaped by evolving consumer trends, complex regulations, and technological shifts, underscoring the sector’s importance to food security, supply chain resilience, and international trade flows.

Market Snapshot: Crustacean Market Size and Growth Trajectory

The crustacean market grew from USD 8.37 billion in 2024 to USD 8.87 billion in 2025. It is projected to maintain a CAGR of 6.10%, reaching USD 13.45 billion by 2032. This trajectory reflects rising global demand, as producers and importers adapt to challenges in sourcing, compliance, and shifting consumer behaviors. Market expansion is supported by both the diversification of crustacean offerings and increased investment in supply chain modernization, positioning stakeholders to benefit from accelerating value growth.

Scope & Segmentation of the Global Crustacean Market

This comprehensive report provides detailed coverage of core segmentation dimensions integral to identifying growth opportunities and risk exposure across the market landscape:

  • Species: Crab, Lobster, Prawn, Shrimp, each offering unique price dynamics, harvesting cycles, and culinary value.
  • Product Forms: Canned (Condensed, Regular), Fresh (Chilled, Live), Frozen (Block Frozen, Flash Frozen, Individually Quick Frozen), Processed (Marinated, Ready to Eat).
  • Source: Farmed, Wild Caught, reflecting diverse production models and sustainability considerations.
  • Distribution Channels: Foodservice (Hotels, Restaurants), Online (Company Websites, Third-Party Platforms), Retail (Specialty Stores, Supermarkets), Wholesale (Distributors, Traders).
  • End Use Applications: Household, Institutional, capturing demand drivers from both at-home and commercial users.
  • Regional Coverage: Americas (United States, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru), Europe, Middle East & Africa (United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland, United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel, South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan).
  • Leading Companies Analyzed: Charoen Pokphand Foods Public Company Limited, Thai Union Group Public Company Limited, Maruha Nichiro Corporation, Nippon Suisan Kaisha Ltd., Dongwon Industries Co. Ltd., Pescanova S.A., Austevoll Seafood ASA, Royal Greenland A/S, High Liner Foods Inc., Clearwater Seafoods Limited Partnership.

Segment analysis enables strategic decision-making aligned with consumer demand, logistics innovation, and regulatory requirements.

Key Takeaways for Senior Decision-Makers

  • Technological integration, including the adoption of blockchain-enabled traceability and precision aquaculture systems, is transforming operational efficiencies and supply chain transparency.
  • Heightened demand for ethically sourced and sustainably certified crustacean products is driving differentiation through eco-labels, provenance narratives, and robust quality controls.
  • Direct-to-consumer digital commerce and omnichannel strategies are evolving rapidly, opening new pathways for market access while challenging traditional wholesale and retail networks.
  • Region-specific consumer behaviors and policy landscapes require tailored approaches, from premium fresh seafood in Asia-Pacific to value-added innovations and sustainability focus in the Americas and Europe.
  • Strategic alliances and vertical integration among leading players support process improvement, risk diversification, and expanded product innovation opportunities.

Tariff Impact on Market Dynamics and Cost Structures

United States tariffs introduced in 2025 have altered crustacean trade patterns, pressuring importers and distributors to shift sourcing strategies, adapt cost structures, and pursue local aquaculture investments. Resulting cost increases have led to re-evaluations of packaging, product mix, and pricing models. In response, key players and industry associations have sought exemptions and advocated for trade relief measures, further highlighting the critical interplay between policy and market flexibility.

Methodology & Data Sources

The findings of this crustacean market report reflect rigorous primary research, including structured interviews with industry stakeholders and on-site facility visits. Secondary research incorporated industry publications, regulatory filings, and trade datasets. Analytical frameworks involved triangulation and advanced statistical modeling, ensuring accuracy and robust trend validation under expert review.

Why This Report Matters

  • Enables informed investment and operational strategy by illuminating shifts across supply chains, consumer profiles, and regulatory regimes.
  • Guides executives in identifying and prioritizing high-potential growth segments, while highlighting the risks and rewards of market entry across global regions.
  • Supports supply chain resilience planning based on detailed assessment of distribution, sourcing alternatives, and technology trends.

Conclusion

The crustacean market is characterized by complexity, regional nuance, and accelerating innovation. Decision-makers using this report will be equipped to navigate regulatory changes, capitalize on emergent trends, and achieve resilient growth in a competitive environment.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Growing consumer preference for plant-based crustacean alternatives leveraging clean-label trends
5.2. Adoption of blockchain traceability in shrimp supply chains to address seafood fraud
5.3. Investment in circular aquaculture systems to minimize environmental impact of crab farms
5.4. Surge in premium frozen lobster meal kits driven by urban consumers seeking convenient gourmet options
5.5. Integration of AI-driven quality control in prawn processing facilities for yield optimization
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Crustacean Market, by Species
8.1. Crab
8.2. Lobster
8.3. Prawn
8.4. Shrimp
9. Crustacean Market, by Product Form
9.1. Canned
9.1.1. Condensed
9.1.2. Regular
9.2. Fresh
9.2.1. Chilled
9.2.2. Live
9.3. Frozen
9.3.1. Block Frozen
9.3.2. Flash Frozen
9.3.3. IQF
9.4. Processed
9.4.1. Marinated
9.4.2. Ready To Eat
10. Crustacean Market, by Source
10.1. Farmed
10.2. Wild Caught
11. Crustacean Market, by Distribution Channel
11.1. Foodservice
11.1.1. Hotels
11.1.2. Restaurants
11.2. Online
11.2.1. Company Websites
11.2.2. Third-Party Platforms
11.3. Retail
11.3.1. Specialty Stores
11.3.2. Supermarkets
11.4. Wholesale
11.4.1. Distributors
11.4.2. Traders
12. Crustacean Market, by End Use
12.1. Household
12.2. Institutional
13. Crustacean Market, by Region
13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific
14. Crustacean Market, by Group
14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO
15. Crustacean Market, by Country
15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea
16. Competitive Landscape
16.1. Market Share Analysis, 2024
16.2. FPNV Positioning Matrix, 2024
16.3. Competitive Analysis
16.3.1. Charoen Pokphand Foods Public Company Limited
16.3.2. Thai Union Group Public Company Limited
16.3.3. Maruha Nichiro Corporation
16.3.4. Nippon Suisan Kaisha, Ltd.
16.3.5. Dongwon Industries Co., Ltd.
16.3.6. Pescanova, S.A.
16.3.7. Austevoll Seafood ASA
16.3.8. Royal Greenland A/S
16.3.9. High Liner Foods Inc.
16.3.10. Clearwater Seafoods Limited Partnership
List of Tables
List of Figures

Samples

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Companies Mentioned

The key companies profiled in this Crustacean market report include:
  • Charoen Pokphand Foods Public Company Limited
  • Thai Union Group Public Company Limited
  • Maruha Nichiro Corporation
  • Nippon Suisan Kaisha, Ltd.
  • Dongwon Industries Co., Ltd.
  • Pescanova, S.A.
  • Austevoll Seafood ASA
  • Royal Greenland A/S
  • High Liner Foods Inc.
  • Clearwater Seafoods Limited Partnership

Table Information