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United States Crayfish Market: By Type: Red Swamp, White River Crawfish, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments

United States Crayfish Market Outlook

The United States crayfish market attained a value of around USD 285 million in 2020. The market is further expected to grow at a CAGR of nearly 31.5% in the forecast period of 2021-2026 to reach a value of around USD 1555 million by 2026.

 

United States Crayfish Market

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Louisiana Leading the United States Crayfish Market

Louisiana, the southeastern state of the United States, is the lead producer of crayfish. The popularity of Cajun style crayfish, a highlight of Louisiana also raises the demand in other parts of the United States too. There is a higher demand for live crayfish in the market which consequently is priced very high. Crayfish, which majorly finds its way in the food industry, is mostly demanded live and gets a higher price value for it. Although it is easier to meet this demand in southern states closer to Louisiana like Texas or Coastal Mississippi, there is a huge national market that can be tapped into by increasing reach through efficient transportation, cold storage, and supply chain management. Greatlakes, the interconnected freshwater lakes, in the mid-east of North America can be an emerging market due to increased red swamp crayfish invasion.

 

United States Crayfish Market: Industry Definition and Segmentation

Crayfish, also called by the name of crawfish or crawdad, is a crustacean that lives in freshwater. It is a shellfish similar to other crustaceans like crabs, prawn, and lobster. Their colour can vary from golden, red, or green. They are found in streams or rivers.

 

United States Crayfish Market By Type

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The types of crayfish in the market are:

  • Red Swamp
  • White River Crawfish
  • Others

Based on the region wise production it is divided into:

  • Southeast
  • Greatlakes
  • Southwest
  • Mideast
  • Others

The regional markets, depending on the consumption, can be classified into Southeast, Southwest, Greatlakes, Far West, Mideast, New England, Plains, and Rocky Mountains.

 

United States Crayfish Market By Region

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Demand for Different Forms of Crayfish Raising the Market Growth

Crayfish market includes sale of live, processed and frozen forms. Larger crayfish are highly preferred live while smaller ones processed or frozen. The seasonal supply of crayfish makes it ideal to sell it in frozen forms in different season. Crayfish in this form can be exported to other regions too. Being from the same class of crabs and lobsters, it can be an effective substitutes or used to bring variety in dishes at restaurants. Increased demand for lobsters and crabs will also surge the crayfish demand as they are similar. Additionally, crayfish can be cooked and served in various ways like boiled, steamed or specifically tail or abdominal meat which drives the market growth by inducing taste differentiation among consumers.  Different size grades of crayfish have different priority buyers, where larger ones are mostly sold to wholesaler and processors and smaller ones either to restaurants, retail stores or even directly to the consumers. Crayfish, a source of calcium, iron, magnesium, vitamin B-12, is healthy and nutritious, which gives it the competitiveness to flourish in the market as health consciousness and eating right is the new trend. Crayfish, are also used as fish bait, sold for aquariums or to educators to use it as specimen for their study.

 

Key Industry Players in the Crayfish Market of UNITED STATES

The report presents a detailed analysis of the following key players in the crayfish market in the United States, looking into their capacity, market shares, 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
  • Live Aquaponics
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    United States
7    Industry Opportunities and Challenges 
8    Global Crayfish Market Overview

    8.1    Key Industry Highlights
    8.2    Global Crayfish Historical Market (2016-2020) 
    8.3    Global Crayfish Market Forecast (2021-2026)
    8.4    Global Crayfish Historical Consumption (2016-2020) 
    8.5    Global Crayfish Consumption Forecast (2021-2026)
    8.6    Global Crayfish Production by Region
        8.6.1    Market Share
            8.6.1.1    China
            8.6.1.2    United States
            8.6.1.3    Others
9    United States Crayfish Market Analysis
    9.1    Key Industry Highlights
    9.2    United States Crayfish Historical Production (2016-2020) 
    9.3    United States Crayfish Production Forecast (2021-2026)
    9.4    United States Crayfish Historical Consumption (2016-2020) 
    9.5    United States Crayfish Consumption Forecast (2021-2026)
    9.6    United States Crayfish Market by Type
        9.6.1    Red Swamp
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2016-2020)
            9.6.1.3    Forecast Trend (2021-2026)
        9.6.2    White River Crawfish
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2016-2020)
            9.6.2.3    Forecast Trend (2021-2026)
        9.6.3    Others
    9.7    United States Crayfish Production by Region
        9.7.1    Southeast
            9.7.1.1    Market Share
            9.7.1.2    Historical Trend (2016-2020)
            9.7.1.3    Forecast Trend (2021-2026)
        9.7.2    Greatlakes
            9.7.2.1    Market Share
            9.7.2.2    Historical Trend (2016-2020)
            9.7.2.3    Forecast Trend (2021-2026)
        9.7.3    Southwest
            9.7.3.1    Market Share
            9.7.3.2    Historical Trend (2016-2020)
            9.7.3.3    Forecast Trend (2021-2026)
        9.7.4    Mideast
            9.7.4.1    Market Share
            9.7.4.2    Historical Trend (2016-2020)
            9.7.4.3    Forecast Trend (2021-2026)
        9.7.5    Others
    9.8    United States Crayfish Consumption by Region
        9.8.1    Southeast
            9.8.1.1    Market Share
            9.8.1.2    Historical Trend (2016-2020)
            9.8.1.3    Forecast Trend (2021-2026)
        9.8.2    Southwest
            9.8.2.1    Market Share
            9.8.2.2    Historical Trend (2016-2020)
            9.8.2.3    Forecast Trend (2021-2026)
        9.8.3    Greatlakes
            9.8.3.1    Market Share
            9.8.3.2    Historical Trend (2016-2020)
            9.8.3.3    Forecast Trend (2021-2026)
        9.8.4    Far West
            9.8.4.1    Market Share
            9.8.4.2    Historical Trend (2016-2020)
            9.8.4.3    Forecast Trend (2021-2026)
        9.8.5    Mideast
            9.8.5.1    Market Share
            9.8.5.2    Historical Trend (2016-2020)
            9.8.5.3    Forecast Trend (2021-2026)
        9.8.6    New England
            9.8.6.1    Market Share
            9.8.6.2    Historical Trend (2016-2020)
            9.8.6.3    Forecast Trend (2021-2026)
        9.8.7    Plains
            9.8.7.1    Market Share
            9.8.7.2    Historical Trend (2016-2020)
            9.8.7.3    Forecast Trend (2021-2026)
        9.8.8    Rocky Mountains
            9.8.8.1    Market Share
            9.8.8.2    Historical Trend (2016-2020)
            9.8.8.3    Forecast Trend (2021-2026)
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Riceland Crawfish
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Acadia Crawfish Co, LLC
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Louisiana Crawfish Company
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    The Louisiana Seafood Company
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Live Aquaponics
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Others
12    Industry Events and Developments


List of Figures and Tables

1.    Global Crayfish Market: Key Industry Highlights, 2016 and 2026
2.    Global Crayfish Historical Production: Breakup by Region (USD Million), 2016-2020
3.    Global Crayfish Production Forecast: Breakup by Region (USD Million), 2021-2026
4.    United States Crayfish Market: Key Industry Highlights, 2016 and 2026
5.    United States Crayfish Historical Market: Breakup by Type (KMT), 2016-2020
6.    United States Crayfish Market Forecast: Breakup by Type (KMT), 2021-2026
7.    United States Crayfish Historical Market: Breakup by Type (USD Million), 2016-2020
8.    United States Crayfish Market Forecast: Breakup by Type (USD Million), 2021-2026
9.    United States Crayfish Historical Production: Breakup by Region (KMT), 2016-2020
10.    United States Crayfish Production Forecast: Breakup by Region (KMT), 2021-2026
11.    United States Crayfish Historical Production: Breakup by Region (USD Million), 2016-2020
12.    United States Crayfish Production Forecast: Breakup by Region (USD Million), 2021-2026
13.    United States Crayfish Historical Consumption: Breakup by Region (KMT), 2016-2020
14.    United States l Crayfish Consumption Forecast: Breakup by Region (KMT), 2021-2026
15.    United States Crayfish Historical Consumption: Breakup by Region (USD Million), 2016-2020
16.    United States Crayfish Consumption Forecast: Breakup by Region (USD Million), 2021-2026
17.    United States Crayfish Market Structure

Key Questions Answered in the Report

The crayfish market in the United States accounted for USD xx billion in 2020.

The market is driven by the global industry, which is projected to grow at a CAGR of nearly aa% in the forecast period of 2021-2026.

The major drivers of the industry include heavy consumption demand in national and international market, culinary variation and popularity, nutritional value of crayfish. 

Louisiana, the southern state of the United States, fulfils close to the entire crayfish demand in the country from live, processed, frozen to larger and smaller size grade demands.

The major markets involve Southeast, Southwest, Greatlakes, Far West, Mideast, New England, Plains and Rocky Mountains.

The products include red swamp and white river crawfish, among others.

The major production regions are Southeast, Greatlakes, Southwest, and Mideast, among others.

The leading players in the market are Riceland Crawfish, Acadia Crawfish Co, LLC, Louisiana Crawfish Company, The Louisiana Seafood Company, and Live Aquaponics, among others.

Analyst Review

The United States crayfish market attained a value of around USD 285 million in 2020, driven by the rising demand nationally and internationally. Aided by the increase in consumption demands, health consciousness and culinary popularity, the market is further expected to grow at a CAGR of nearly 31.5% in the forecast period of 2021-2026 to reach a value of around USD 1555 million by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the crayfish market of the United States can be segmented into red swamp and white river crawfish, among others, with red swamp accounting for the largest market share. On the basis of production regions, the south-eastern  region accounts for the leading share in the market. The major regional markets for Crayfish are Southeast, Southwest, Greatlakes, Far West, Mideast, New England, Plains and Rocky Mountains. The key players in the above market include Riceland Crawfish, Acadia Crawfish Co, LLC, Louisiana Crawfish Company, The Louisiana Seafood Company, 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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