Global Lobster Market (2021 to 2026) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts

The “Lobster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global lobster market reached a value of US$ 5.66 Billion in 2020. Looking forward, the publisher expects the global lobster market to exhibit strong growth during the next five years.

Lobsters are marine crustaceans with a long cylindrical body, muscular tail, stalked eyes and five pairs of jointed legs. Covered with a chitinous exoskeleton, lobsters are typically greenish-brown in colour but turn bright red when cooked. They are a rich source of copper, phosphorous, zinc, omega-3 fatty acids, magnesium, and vitamin E and B12. Lobsters also provide protection against thyroid due to the presence of selenium which functions as an antioxidant. Apart from this, consumption of lobsters is known to reduce inflammation, boost energy and improve cognition.

Currently, the majority of lobsters are provided by Canada and the United States of America. The elimination of around 98% of the tariffs between Canada and the European Union under the recent Canada Free Trade Agreement (CETA) has been proactive in boosting Canadian exports to the northern European countries as well as creating new market opportunities in the southern European countries. In line with the decreasing trade in the EU, the US and tropical exporters are turning towards the Chinese market where lobsters have become an integral part of the luxurious dining experience supported by the rising purchasing power of the middle class. Additionally, the improving economic environment in both the developed and developing regions, and recovery in some of the major markets, including Russia and Brazil, are bolstering the market growth.

Key Questions Answered in this Report:

  • How has the global lobster market performed so far and how will it perform in the coming years?

  • What are the key regions in the global lobster market?

  • What has been the impact of COVID-19 on the global lobster market?

  • Which are the popular products in the global lobster market?

  • What is the key species in the global lobster market?

  • What are the major distribution channels in the global lobster market?

  • What are the various stages in the value chain of the global lobster market?

  • What are the key driving factors and challenges in the global lobster market?

  • What is the structure of the global lobster market and who are the key players?

  • What is the degree of competition in the global lobster market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Lobster Market

5.1 Market Overview

5.2 Market Performance

5.2.1 Volume Trends

5.2.2 Volume Trends

5.3 Impact of COVID-19

5.4 Market Breakup by Species

5.5 Market Breakup by Weight

5.6 Market Breakup by Product Type

5.7 Market Breakup by Distribution Channel

5.8 Market Breakup by Region

5.9 Market Forecast

5.10 SWOT Analysis

5.11 Value Chain Analysis

5.12 Porter’s Five Forces Analysis

5.13 Price Analysis

6 Market Performance by Species

6.1 American Lobster

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Spiny Lobster

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Rock Lobster

6.3.1 Market Trends

6.3.2 Market Forecast

6.4 European Lobster

6.4.1 Market Trends

6.4.2 Market Forecast

7 Market Performance by Weight

7.1 0.5 – 0.75 lbs

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 0.76 – 3.0 lbs

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 Over 3 lbs

7.3.1 Market Trends

7.3.2 Market Forecast

8 Market Performance by Product Type

8.1 Whole Lobster

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Lobster Tail

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 Lobster Meat

8.3.1 Market Trends

8.3.2 Market Forecast

8.4 Lobster Claw

8.4.1 Market Trends

8.4.2 Market Forecast

9 Market Performance by Distribution Channel

9.1 Food Service

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Retail

9.2.1 Market Trends

9.2.2 Market Forecast

10 Market Performance by Region

10.1 North America

10.1.1 Market Trends

10.1.2 Market Forecast

10.2 Europe

10.2.1 Market Trends

10.2.2 Market Forecast

10.3 Asia

10.3.1 Market Trends

10.3.2 Market Forecast

10.4 Oceania

10.4.1 Market Trends

10.4.2 Market Forecast

10.5 Others

10.5.1 Market Trends

10.5.2 Market Forecast

11 Requirements for Setting up a Lobster Processing Plant

11.1 Product Overview

11.2 Detailed Process Flow

11.3 Various Types of Unit Operations Involved

11.4 Mass Balance and Raw Material Requirements

11.5 Land and Construction Requirements

11.6 Machinery Requirements

11.7 Manpower Requirements

11.8 Utility Requirements

11.9 Transportation Requirements

11.10 Packaging Requirements

11.11 Total Capital Investments

11.12 Product Pricing and Marketing

12 Competitive Landscape

12.1 Market Structure

12.2 Key Players

12.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/69pdfy

View source version on businesswire.com: https://www.businesswire.com/news/home/20210505005917/en/

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