Molluscs Market size is expected to reach USD 82.85 billion by 2028

 Molluscs Industry Overview

The global molluscs market size was valued at USD 60.72 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2028.

 

The growing food industry across the globe is anticipating market growth. Moreover, the growing health consciousness among consumers has increased the demand for nutritious food products and the consumption of molluscs. This reduces the risk of chronic diseases, which, in turn, is expected to promote market growth during the forecast period.

 

Gather more insights about the market drivers, restrains and growth of the Global Molluscs Market

 

Moreover, the increasing demand and consumption for protein-rich diets instead of high-calorie food product intake are propelling the growth of the global molluscs market. Seafood is a low-fat and rich source of protein, which is used for muscle building, and it also contains ingredients such as vitamins, iron, and omega-3 fatty acid, which are anticipating the market growth. In addition to this, increasing demand for processed seafood is also driving the market growth during the forecast period.

 

The growing aquaculture fish production in developing economies like China, India, and Japan is the major driving force of the market. Furthermore, increasing disposable income of the consumers and rising inclination toward a healthy lifestyle, which has led to a rise in the consumption of protein-rich food, is the major growth factors for the market over the last few years. The growing demand for premium quality food products due to freshness, diversity of the products, and convenience for food safety are expected to boost the market growth during the forecast period.

 

 

Browse through Grand View Research's Consumer F&B Industry Research Reports

  • Goat Milk Products Market: The global goat milk products market size was estimated at USD 12.45 billion in 2022 and is expected to expand at compounded annual growth rate (CAGR) of 4.7% from 2023 to 2030.
  • Hemp Seed Oil Market: The global hemp seed oil market was valued at USD 88.2 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 14.7% from 2023 to 2030.

 

Key Companies Profile

Some of the key players operating in the molluscs market include:

  • Maruha Nichiro Corporation
  • Nireus Aquaculture S.A.
  • Cermaq ASA
  • Eastern Fish Company
  • Cooke Aquaculture Inc.
  • Tassal Group Ltd.
  • Blue Ridge Aquaculture
  • Selonda Aquaculture S.A.
  • Ulka Seafoods Pvt. Ltd.
  • Avla Nettos Exports

 

Order a free sample PDF of Molluscs Market Intelligence Study, published by Grand View Research. 

Comments

Popular posts from this blog

Global Potash Market: Trends, Growth & Forecast 2023-2032

Smart Ticketing Market Report: Emerging Technologies & Market Opportunities

Boosting Crop Yields: India Foliar Fertilizer Market Trends & Forecasts