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Global Octopus Market Share, Size, Growth, Analysis, Trends: By Product Type: Fresh, Frozen, Others (Smocked, Dried, or Salted); By Distribution Channel: Direct, Indirect; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Octopus Market Share

Based on product type, frozen products account for a significant share of the market

The growing popularity of ready–to–eat food due to rising sedentary lifestyles is supporting the demand for frozen octopus and octopus-based products. The frozen octopuses are mostly sourced from Morocco, Mauritania, and Indonesia in Europe.

 

Additionally, octopuses can be frozen for 24 months, allowing for longer storage while preserving the octopus's fresh taste.

 

To reduce the growing pressure on fresh wild octopuses, the companies are focusing on commercial-farmed octopuses. These farms primarily centre on the common octopus (Octopus vulgaris), with initiatives underway in Europe (particularly Spain), the United States, Mexico, and Japan.

 

Based on distribution channels, direct sales channels lead the global octopus market

Direct sales of octopus typically involve purchasing the octopus directly from fishermen, seafood markets, or specialized seafood suppliers.

 

Indirect channels of distribution for octopuses involve intermediaries between the producers and consumers. This includes wholesalers, retailers, food service establishments, online platforms, exporters, and importers. Further, the Marine Stewardship Council and FAO Guidelines for the ecolabelling of fish and fishery products are aiding the demand for environmentally sustainable and clean label products.

 

Octopus Market Report Snapshots

Octopus Market Size

Octopus Market Growth

Octopus Market Trends

Octopus Market Share

Octopus Companies

Octopus Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Octopus Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Octopus Historical Market (2018-2023) 
    8.3    Global Octopus Market Forecast (2024-2032)
    8.4    Global Octopus Market by Product Type
        8.4.1    Fresh
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Frozen
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others (Smocked, Dried, or Salted)
    8.5    Global Octopus Market by Distribution Channel
        8.5.1    Direct
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Indirect
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Octopus Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Octopus Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Octopus Market Analysis
    10.1    Germany
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    France
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    Italy
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Spain
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Portugal
        10.5.1    Historical Trend (2018-2023) 
        10.5.2    Forecast Trend (2024-2032)
    10.6    Greece
        10.6.1    Historical Trend (2018-2023) 
        10.6.2    Forecast Trend (2024-2032)
    10.7    Others
11    Asia Pacific Octopus Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    South Korea
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Octopus Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Octopus Market Analysis
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (HS Code- 160555)

    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume 
17    Price Analysis
18    Competitive Landscape

    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Frigorificos De Camarinas S.L.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Mackay Reef Fish Supplies Pty Ltd.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Amigo Sea Food Co.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Siam Canadian Foods Co. Ltd.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Nueva Pescanova, S.L.
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Others
19    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Octopus Market: (USD Million), 2018 and 2032
2.    Global Octopus Market: (Tons), 2018 and 2032
3.    Global Octopus Historical Market: Breakup by Product Type (Tons), 2018-2023
4.    Global Octopus Market Forecast: Breakup by Product Type (Tons), 2024-2032
5.    Global Octopus Historical Market: Breakup by Distribution Channel (Tons), 2018-2023
6.    Global Octopus Market Forecast: Breakup by Distribution Channel (Tons), 2024-2032
7.    Global Octopus Historical Market: Breakup by Region (USD Million), 2018-2023
8.    Global Octopus Market Forecast: Breakup by Region (USD Million), 2024-2032
9.    Global Octopus Historical Market: Breakup by Region (Tons), 2018-2023
10.    Global Octopus Market Forecast: Breakup by Region (Tons), 2024-2032
11.   North America Octopus Historical Market: Breakup by Country (Tons), 2018-2023
12.    North America Octopus Market Forecast: Breakup by Country (Tons), 2024-2032
13.    Europe Octopus Historical Market: Breakup by Country (Tons), 2018-2023
14.    Europe Octopus Market Forecast: Breakup by Country (Tons), 2024-2032
15.    Asia Pacific Octopus Historical Market: Breakup by Country (Tons), 2018-2023
16.    Asia Pacific Octopus Market Forecast: Breakup by Country (Tons), 2024-2032
17.    Latin America Octopus Historical Market: Breakup by Country (Tons), 2018-2023
18.    Latin America Octopus Market Forecast: Breakup by Country (Tons), 2024-2032
19.    Middle East and Africa Octopus Historical Market: Breakup by Country (Tons), 2018-2023
20.    Middle East and Africa Octopus Market Forecast: Breakup by Country (Tons), 2024-2032
21.    Major Exporting Countries by Value
22.    Major Importing Countries by Value
23.    Major Exporting Countries by Volume
24.    Major Importing Countries by Volume
25.    North America Historical Price Trends and Forecast 2018-2032
26.    Europe Historical Price Trends and Forecast 2018-2032
27.    Asia Pacific Historical Price Trends and Forecast 2018-2032
28.    Latin America Historical Price Trends and Forecast 2018-2032
29.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
30.    Global Octopus Market Structure

Key Questions Answered in the Report

The market attained a volume of 3,76,451 tons in 2023.

The market is estimated to grow at a CAGR of 1.24% during 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 4,16,990 tons by 2032.

The different types are fresh, frozen, and others (smocked, dried, or salted).

The key regional markets for octopuses are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Direct and indirect are the two types of distribution channels in the market.

The factors driving the growth of the market are increasing octopus farming, rising trend of consumption of exotic foods, the presence of significant safety and quality standards, and increasing awareness of the health benefits of octopus consumption.

The key players in the market include Frigorificos De Camarinas S.L., Mackay Reef Fish Supplies Pty Ltd., Amigo Sea Food Co., Siam Canadian Foods Co. Ltd., and Nueva Pescanova, S.L., among others.

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