Global Crab Market
As per Renub Research, Global Crab Market worth a whopping USD 11.37 billion in 2024, is expected to jump to around USD 19.3 billion by 2033. This phenomenal growth indicates a compound annual growth rate (CAGR) of 6.05% expected between 2025 and 2033. This growth trend indicates a growing demand for crab globally, fueled by changing consumer choices and widening culinary trends promoting this delicacy.
Want pricing & detailed TOC? Enter your email:https://www.renub.com/request-sample-page.php?gturl=global-crab-market-p.php
Read more:https://www.renub.com/global-crab-market-p.php
Crabs are crustaceans that live in oceans, fresh water, and on land. With rich, sweet, and tender meat, crabs are a gastronomic treat all over the world. Blue crab, snow crab, king crab, and Dungeness crab are some of the most sought-after edible species. Crab meat is eaten in fresh, frozen, and canned forms and is used for salads, soups, cakes, curries, and grilled foods.
Internationally, crab remains a popular seafood product because of its flavor, versatility, and nutritional value. Crab is low in fat but high in protein with high levels of omega-3 fatty acids, vitamins, and minerals. The popularity of crab is particularly high in markets like North America, Southeast Asia, and Europe where seafood is an integral part of food.
The demand for crab is underpinned by robust demand from both foodservice and retail markets. Growing globalization of foods and increasing disposable incomes have further extended its popularity. Consumption of crab is highest during festivals and in upscale restaurants. The accessibility of processed forms such as frozen and canned crab has yet again increased availability. Also, as the health-conscious eaters look for a healthier form of protein, they are increasingly looking towards seafood, including crab. With increasing international trade and development of aquaculture practices, the international market for crab is further increasing in volume and value.
Famous Crab Meal Around the Globe
Chili Crab, Singapore's signature dish, is arguably the world's most well-known crab dish. It consists of whole crab fried in a sweet and hot tomato-chili sauce. Served with steamed or fried buns (mantou), it combines savory and spicy tastes and is a favorite among locals and visitors alike. Other well-known crab dishes around the world are Maryland crab cakes (USA), Kani sushi (Japan), and Butter Crab (Malaysia).
Growth Driver in the Crab Market
Increased Demand for High-Quality Seafood
Since consumers are looking for premium and exotic culinary experiences, crab as a gourmet seafood choice emerges. Its presence in fine dining, luxury buffets, and international restaurants positions it as a high-demand food. As people have growing disposable income, more consumers are able to purchase crab meals, particularly urban consumers. Restaurants and hotels are taking advantage of this phenomenon by providing crab-focused menus, fueling the growth of the global crab market.
Expansion of Cold Chain and Food Processing Technologies
The development of cold chain logistics and seafood processing technology has made it easier to store, transport, and export crab products. Frozen and canned crab are easily available even in areas far from the ocean. This improvement in infrastructure provides consistent quality and availability, which satisfies global demand throughout the year. Since producers can satisfy a larger market without compromise on freshness, it can help meet global demand year-round.
Trends in the Crab Market
Increased Demand for Sustainable and Cultured Crab
Increasing awareness about sustainability means that consumers are now demanding more responsibly produced or farm-raised crab. Nations are investing in sustainable aquaculture to maintain wild crab stocks. Certifications and eco-labels are taking a toll on purchasing decisions, particularly in developed economies. The change inspires responsible practices by producers, which supports long-term market development as well as engaging the eco- aware consumer.
Crab-Based Ready Meals Innovation
Innovation in ready-to-eat and ready-to-cook products is being spurred by convenience. Manufacturers are introducing crab soups, crab cakes, and frozen meals that take less preparation time while providing great flavors. These are more favored by consumers in urban areas and those seeking premium quality with less cooking. Retailers are introducing wider lines of frozen crab, including pre-cooked and marinated options to appeal to busy families.
Blue Crab Market
Blue crab, primarily in the Atlantic Ocean and Gulf of Mexico, is greatly valued for its sweet, delicate meat. It is particularly sought after in the United States, with particular popularity in Maryland and Louisiana cuisine. The blue crab market flourishes with seasonal harvests and forms the cornerstone of foods such as crab cakes, steamed crab, and crab boils. Sustainability practices and local fishing regulations are aiding the conservation of its number while maintaining a constant market.
China Crab Market
China is the biggest consumer and producer of crab, with robust demand for both freshwater and sea water crab. Hairy crab, a Chinese delicacy, is particularly in demand during autumn festivals. The market is supported by traditional food culture and increasing seafood consumption among the urban middle class. Urbanization, rising income levels, and a vibrant online seafood retail market keep driving sales of crab in China.
Global Frozen Crab Market
The frozen crab market has become popular due to its longer shelf life and convenience. It provides year-round availability irrespective of seasonal harvests, and maintains a large portion of the original flavor and texture. Frozen crab is extensively exported and consumed in nations with scarce local seafood resources. It's utilized in restaurants, retail, and foodservice, and allows consumers to access quality crab without requiring live handling or instantaneous consumption.
Global Canned Crab Market
Canned crab provides a cost-effective, convenient option to fresh crab with its long shelf life and simple storage. It is widely utilized in salads, sandwiches, pasta, and dips. Strong markets for canned crab are found particularly in the U.S., Europe, and certain regions of Asia. Canned crab serves to fill the demand for affordable seafood, particularly in inland areas. Brands are increasingly providing better quality canned options with reduced preservatives and sustainable sourcing labels.
Type
• Blue Crab
• Chinese Mitten
• Gazami Crab
• Other Crab Types
Form
• Frozen
• Canned
• Other Forms
Regional Analysis:
North America
• United States
• Canada
Europe
• France
• Germany
• Italy
• Spain
• United Kingdom
• Netherlands
Asia Pacific
• China
• Japan
• India
• Australia
• South Korea
• Malaysia
• Indonesia
• Israel
Latin America
• Brazil
• Mexico
• Argentina
• Colombia
Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
Rest of World
Companies have been covered from 5 viewpoints
• Key Person
• Company overview
• Sales Analysis
• Product Portfolio
• Recent Development & Strategies
Company Analysis
• Bumble Bee Foods LLC
• Supreme Crab & Seafood Inc.
• Maine Lobster Now
• Millennium Ocean Star Corporation
• Phil-Union Frozen Foods Inc.
• JM Clayton Seafood Company
• RGE Agridev Corporation
• Siam Canadian Group Limited
• Handy Seafood
About Renub Research
Renub Research is a leading market research and consulting company offering management consulting and in-depth industry analysis across various sectors. With a global perspective and a local understanding, Renub Research delivers insights that matter.
About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 15 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.
Media Contact:
Company Name: Renub Research
Contact Person: Rajat Gupta, Marketing Manager
Phone No: +91-120-421-9822 (IND) | +1-478-202-3244 (USA)
Email: mailto:rajat@renub.com
- renubresearch00001's blog
- Log in or register to post comments