Oyster And Clam Market Size To Reach $143.28 Billion By 2030

Oyster And Clam Market Growth & Trends

The global oyster and clam market size is expected to reach USD 143.28 billion by 2030, expanding at 3.5% CAGR from 2022 to 2030, according to a new report by Grand View Research, Inc. Growing popularity for premium seafood coupled with rising consumer interest towards health benefits provided by seafood are the major factors driving the demand for the oysters & clam market.

The rise in the number of consumers following a balanced diet is favoring the demand for oysters and clams. As consumers become more health-conscious and environmentally aware, they are increasingly seeking out sustainable and healthy food options. Clams & oysters are seen as a healthy and sustainable protein source and are becoming more popular as consumers seek out healthier and more environmentally friendly food options.

In addition, the globalization of trade has also led to increased competition in the oyster and clam market, as companies globally compete to sell their products worldwide. This has led to improvements in the quality and variety of seafood products available to consumers, as companies seek to differentiate themselves from their competitors. Overall, the globalization of trade has been a key factor in driving the growth of the market in recent years.

In addition, growing awareness among consumers about the importance of sustainable fishing practices and the impact of overfishing on the environment. As a result, many consumers are seeking out seafood products that are sourced using sustainable practices, such as those certified by organizations like the Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC). This has driven demand for sustainably sourced oysters and clams. For example, in 2020, as per a survey by National Retail Federation and IBM, close to 57% of Americans are willing to change their buying habits to reduce the impact on the environment.

Advances in seafood processing and packaging technologies have led to improvements in the quality and safety of seafood products, making them more attractive to consumers. For example, new packaging materials and technologies can help to extend the shelf life of seafood products and reduce the risk of contamination.

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Oyster And Clam Market Report Highlights

• Slipper oyster held the largest market share in 2022 owing to its easy availability and presence of health benefits

• Pacific cupped oyster as the oyster segment with the highest revenue share in 2022 owing to rising demand for premium oysters among consumers.

• Atlantic surf oyster in the oyster segment is expected to expand at a significant CAGR from 2022 - 2030 . The growth can be attributed to rising consumer demand for ready to eat seafood products

• Asia Pacific is estimated to grow significantly over the forecast period owing to the growing demand for healthy foods in the region.

• Some of the major players in the market include Clearwater Seafoods, High Liner Foods, Pacific Seafood , Taylor Shellfish Farms, Mazetta Company, LLC, Pangea Shellfish Company, Royal Hawaiian Seafood, and Island Creek Oysters

Oyster And Clam Market Segmentation

Grand View Research has segmented the global oyster and clam market based on oyster type, clam type, form and region:

Oyster And Clam Oyster Type Outlook (Revenue, USD Million, Tons, 2017 - 2030)

• Slipper Oyster

• Pacific Cupped Oyster

• American Cupped Oyster

• Others

Oyster And Clam Clam Type Outlook (Revenue, USD Million,Tons, 2017 - 2030)

• Hard Clam

• Taca Clam

• Stimpson Surf

• Atlantic Surf

• Others

Oyster And Clam Form Outlook (Revenue, USD Million, Tons, 2017 - 2030)

• Fresh

• Canned

• Others

Oyster And Clam Regional Outlook (Revenue, USD Million, Tons, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players of Oyster And Clam Market

• Clearwater Seafoods

• High Liner Foods

• Pacific Seafood

• Taylor Shellfish Farms

• Mazetta Company, LLC

• Pangea Shellfish Company

• Royal Hawaiian Seafood

• Island Creek Oysters