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Global Crayfish Market: By Type: Farmed, Wild; By Species: Red Swamp, Red Claw, Others; By Category: Frozen (Precooked), Frozen (Raw), Live/Fresh; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Crayfish Market Outlook
The global crayfish market attained a value of 7123 million in 2020 and is further expected to grow at a CAGR of 31.5% over the forecast period of 2023-2028.
The increasing health awareness amongst the consumers is fuelling the demand for crayfish in both developing and developed countries leading to the growth of the global crayfish market. The consumption of crayfish is high in developing and underdeveloped nations where fish are eaten to solve the difficulties of malnutrition. Therefore, an important factor contributing to crayfish market growth over the next five years will be the health advantages of crayfish consumption.
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Crayfish: Market Segmentation
Crayfish, also known as crawfish or crawdad, is a freshwater crustacean, inhabiting streams and rivers, and resembling small lobsters. It is rich in fatty acids, such as vitamins, minerals, and omega 3.
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The crayfish market can be broadly divided on the basis of its type into:
- Farmed Crayfish
- Wild Crayfish
Based on species crayfish can be divided into:
- Red Swamp
- Red Claw
- Others
By category the market is segmented into:
- Precooked (Frozen)
- Fresh (Frozen)
- Fresh (Live)
The EMR report looks into the regional production and consumption crayfish markets like China, United States, Europe, Other Asia, and Rest of the World.
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Crayfish: Properties and Application
Crayfish’s seasonal availability has boosted the demand for processed and packaged crayfish, particularly from non-producing countries, thus, aiding the growth of the crayfish market. Consumers only prefer crayfish’s abdominal and tail meat while the rest is discarded as waste. Consumers prefer packaged and processed crayfish to avoid dealing with the waste generated and reduce the effort required during crayfish preparation. The increasing demand for processed and packaged crayfish along with rising health consciousness among consumers are identified as critical market trends that will fuel the crayfish market expansion over the forecast period.
Key Industry Players in the Global Crayfish Market
The report presents a detailed analysis of the following key players in the global crayfish market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Riceland Crawfish
- Acadia Crawfish Co, LLC
- Louisiana Crawfish Company
- The Louisiana Seafood Company
- Alfocan SA
- Live Aquaponics
- Others
The EMR report gives an in-depth insight into the global crayfish market by providing a SWOT analysis as well as an analysis of Porter’s five forces. The comprehensive report looks into the macro and micro aspects of the global crayfish market.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Species, Category, Production by Region, Consumption by Region |
| Breakup by Type | Farmed, Wild |
| Breakup by Species | Red Swamp, Red Claw, Others |
| Breakup by Category | Frozen (Precooked), Frozen (Raw), Live/Fresh |
| Breakup Production by Region | China, United States, and others |
| Breakup Consumption by Region | China, United States, Europe, Other Asia, and Rest of the World |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Riceland Crawfish, Acadia Crawfish Co, LLC, Louisiana Crawfish Company, The Louisiana Seafood Company, Alfocan SA, Live Aquaponics, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Market Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Crayfish Market Analysis
8.1 Key Industry Highlights
8.2 Global Crayfish Historical Production (2018-2022)
8.3 Global Crayfish Production Forecast (2023-2028)
8.4 Global Crayfish Historical Consumption (2018-2022)
8.5 Global Crayfish Consumption Forecast (2023-2028)
8.6 Global Crayfish Market by Type
8.6.1 Farmed
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Wild
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Crayfish Market by Species
8.7.1 Red Swamp
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Red Claw
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.3 Others
8.8 Global Crayfish Market by Category
8.8.1 Frozen (Precooked)
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Frozen (Raw)
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Live/Fresh
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.9 Global Crayfish Production by Region
8.9.1 China
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2018-2022)
8.9.1.3 Forecast Trend (2023-2028)
8.9.2 United States
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2018-2022)
8.9.2.3 Forecast Trend (2023-2028)
8.9.3 Others
8.10 Global Crayfish Consumption by Region
8.10.1 China
8.10.1.1 Market Share
8.10.1.2 Historical Trend (2018-2022)
8.10.1.3 Forecast Trend (2023-2028)
8.10.2 United States
8.10.2.1 Market Share
8.10.2.2 Historical Trend (2018-2022)
8.10.2.3 Forecast Trend (2023-2028)
8.10.3 Europe
8.10.3.1 Market Share
8.10.3.2 Historical Trend (2018-2022)
8.10.3.3 Forecast Trend (2023-2028)
8.10.4 Other Asia
8.10.4.1 Market Share
8.10.4.2 Historical Trend (2018-2022)
8.10.4.3 Forecast Trend (2023-2028)
8.10.5 Rest of the World
8.10.5.1 Market Share
8.10.5.2 Historical Trend (2018-2022)
8.10.5.3 Forecast Trend (2023-2028)
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyers Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Company Profiles
10.3.1 Riceland Crawfish
10.3.1.1 Company Overview
10.3.1.2 Product Portfolio
10.3.1.3 Demographic Reach and Achievements
10.3.1.4 Certifications
10.3.2 Acadia Crawfish Co, LLC
10.3.2.1 Company Overview
10.3.2.2 Product Portfolio
10.3.2.3 Demographic Reach and Achievements
10.3.2.4 Certifications
10.3.3 Louisiana Crawfish Company
10.3.3.1 Company Overview
10.3.3.2 Product Portfolio
10.3.3.3 Demographic Reach and Achievements
10.3.3.4 Certifications
10.3.4 The Louisiana Seafood Company
10.3.4.1 Company Overview
10.3.4.2 Product Portfolio
10.3.4.3 Demographic Reach and Achievements
10.3.4.4 Certifications
10.3.5 Alfocan SA
10.3.5.1 Company Overview
10.3.5.2 Product Portfolio
10.3.5.3 Demographic Reach and Achievements
10.3.5.4 Certifications
10.3.6 Live Aquaponics
10.3.6.1 Company Overview
10.3.6.2 Product Portfolio
10.3.6.3 Demographic Reach and Achievements
10.3.6.4 Certifications
10.3.7 Others
11 Industry Events and Developments
List of Key Figures and Tables
1. Global Crayfish Market: Key Industry Highlights, 2018 and 2028
2. Global Crayfish Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Crayfish Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Crayfish Historical Market: Breakup by Type (USD Billion), 2018-2022
5. Global Crayfish Market Forecast: Breakup by Type (USD Billion), 2023-2028
6. Global Crayfish Historical Market: Breakup by Species (USD Billion), 2018-2022
7. Global Crayfish Market Forecast: Breakup by Species (USD Billion), 2023-2028
8. Global Crayfish Historical Market: Breakup by Species (USD Billion), 2018-2022
9. Global Crayfish Market Forecast: Breakup by Species (USD Billion), 2023-2028
10. Global Crayfish Historical Market: Breakup by Category (USD Billion), 2018-2022
11. Global Crayfish Market Forecast: Breakup by Category (USD Billion), 2023-2028
12. Global Crayfish Historical Market: Breakup by Category (USD Billion), 2018-2022
13. Global Crayfish Market Forecast: Breakup by Category (USD Billion), 2023-2028
14. Global Crayfish Historical Production: Breakup by Region (USD Billion), 2018-2022
15. Global Crayfish Production Forecast: Breakup by Region (USD Billion), 2023-2028
16. Global Crayfish Historical Production: Breakup by Region (USD Billion), 2018-2022
17. Global Crayfish Production Forecast: Breakup by Region (USD Billion), 2023-2028
18. Global Crayfish Historical Consumption: Breakup by Region (USD Billion), 2018-2022
19. Global Crayfish Consumption Forecast: Breakup by Region (USD Billion), 2023-2028
20. Global Crayfish Historical Consumption: Breakup by Region (USD Billion), 2018-2022
21. Global Crayfish Consumption Forecast: Breakup by Region (USD Billion), 2023-2028
22. Global Crayfish Market Structure
Key Questions Answered in the Report
The global crayfish market is projected to grow at a CAGR of 31.5% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, increasing health awareness, and rising demand from both developing and developing regions, are expected to aid the market growth.
The key market trend guiding the industry growth includes the increasing demand for processed and packaged crayfish, along with rising health consciousness among consumers.
The major regions in the industry are China, the United States, Europe, and other Asia, among others.
Farmed and wild crayfish are the major types of product in the industry.
Red swamp and red claw, among others, are the significant species of the product in the industry.
Frozen (precooked), frozen (raw), and live/fresh are the major categories of crayfish in the industry.
The major players in the industry are Riceland Crawfish, Acadia Crawfish Co, LLC, Louisiana Crawfish Company, The Louisiana Seafood Company, Alfocan SA, and Live Aquaponics, among others.
Analyst Review
The global crayfish market is being driven by the rising disposable incomes, increasing population, increasing health awareness, and rising demand from both developing and developing regions. The market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 31.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the industry can be segmented into farmed and wild crayfish. On the basis of species, the industry is divided into red swamp and red claw, among others. By category, the market is divided into frozen (precooked), frozen (raw), and live/fresh. The major regional markets for the product are China, the United States, Europe, and other Asia, among others. The key players in the above market include Riceland Crawfish, Acadia Crawfish Co, LLC, Louisiana Crawfish Company, The Louisiana Seafood Company, Alfocan SA, and Live Aquaponics, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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