Global Crab Market will reach 3.7 Million Metric Tonnes by 2026 | Study with COVID-19 Impact

According to the latest report by Renub Research, titled “Global Crab Market and Volume by Type, Export, Import, Production, Countries, Value Chain Analysis & Forecast” The awareness about the nutritional benefits of having Crab in diet and the increasing presence of supermarkets, hypermarkets, and food specialty stores around the world will thrust the crab market. Crab contains a significant amount of vitamins, proteins, and minerals, as well as anti-inflammatory properties, which are essential for blood pressure reduction and improvement for mental health and bone health. According to Renub Research analysis, the global crab market will be 3.7 Million Metric Tonnes by the end of the year 2026.

Crab Market is affected by COVID-19 pandemic:

The global supply chain has been disturbed by this deadly virus; the consumption of Crab has also declined due to lockdown imposed by government across the world. People are avoiding shopping in the open market, even in affected areas. The United States is the biggest importer of Crab, but consumers cannot buy seafood items due to restrictions imposed by authorities.

It also contains Omega-3 polyunsaturated acids, Selenium which is essential for human’s antioxidant defence system, preventing damage to cells and tissues along with Crab also contains Copper and Phosphorus. Apart from these benefits, continuous customization and innovation in cuisines, creative and aggressive marketing campaigns, and surging demand for healthy and nutritious meals are also key drivers for the growth of the global crab market in the upcoming years.

Online and eCommerce channels are also providing Crab and Crabmeat to consumers, and this initiative will be a major growth factor in the global crab market. Seafood companies are involved in creating connections across supply chains ranging from fishers, processors, wholesalers to retailers, and seafood restaurant chains. Seafood companies are also focusing on internet-savvy customers by providing them attractive deals to grow their business; these actions are also helping the growth of the Crab market worldwide.

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Market Summary:

By Export: The research report covers China, Canada, Russian Federation, Indonesia, and the United States; according to Renub Research, China is the biggest exporter of Crab than other exporting countries.

By Import: United States, China, the Republic of Korea, and Japan are the leading countries for Crab import. The United States has the most significant market share in the Crab market as compared to other countries.

By Type: In this research report, covered the following species of Crab: Blue, Chinese Mitten, Gazami, Indo-Pacific Swamp & Snow Crab.

About Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide 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 of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

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Global Crab Market and Volume Forecast by Type, Export & Import

The crab price is very volatile in the global supply chain, but due to rising consumer demand the future of crab industry is bright. The foodservice industry is the major end-user of crabs; the rise of the foodservice industry would directly surge the inclination of the global crab market. In contrast to that, as per Renub research analysis, The Global Crab Market will reach 3.7 Million Metric Tonnes by the end of year 2026. Worldwide, the foodservice industry is multiplying because of the new technology and innovations as well as customizations in menus, apart from that, inclination towards healthy and nutritious foods and increasing demand for the gluten-free diet.

The major driving force of global crab market is rising per capita seafood consumption, rising incomes, increased urbanization to underpin seafood consumption is growing. Across the globe, the United States is one of the largest importers of crab; other importing countries are China, Canada, Thailand, and Indonesia. Moreover, China is the largest exporter of crab in the world.

In this report, we have covered the types of crab species like Blue crab, Chinese Mitten, Gazami, Indo-pacific swamp crab, and Snow crab. In addition to this, Gazami production share will flourish in the global crab market during the forecast period.

Renub Research report titled “Global Crab Market and Volume by Type (Blue, Chinese Mitten, Gazami, Indo-Pacific Swamp & Snow), Export, Import, Production, Countries (China, Canada, Russian, Indonesia, United States, Japan, Mexico, Venezuela, Taiwan, South Korea, Vietnam, Indonesia, Philippines), Value Chain Analysis & Forecast” provides a complete study of global crab market.

Largest Crab Exporter is China in Global Supply Chain

We have done a comprehensive assessment of the global export framework of the crab industry, portrayed the five top exporters of crab industry in the global supply chain. This report provides the critical historical market & volume of all five countries along with forecast till 2026. The covered countries are China, Canada, the Russian Federation, Indonesia, and the United States of America and Others.

The United States is the Largest Crab Importer in Global Supply Chain

We have assessed the import model of the crab industry, covered the top four importers of crab industry in the global supply chain. It provides historical, current, and forecast volume & market of all four countries. The covered countries are the United States, China, the Republic of Korea, and Japan and others.

By Regions & Species, China is on Top Position

This report provides complete analysis of production, region wise and species wise and also categorized the crab by their species: Indo-Pacific Swamp Crab (Giant mud crab, Scylla serrata), Gazami Crab, Blue Crab, Chinese Mitten Crab and Snow Crab.

Market Dynamic Insight

We have explained the major factor that will grow the market as well as factors that are associated with hurdles and key challenges. Besides, it explains the opportunities for crab industry along with supply chain and value chain proposition.

About Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide 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 of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Contact Us:

Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email : info@renub.com
Web: https://www.renub.com
Fallow on Linkedin: https://www.linkedin.com/company/renub-research