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Oyster & Clam Market Size

Report ID: GMI6856
Published Date: Oct 2023
Report Format: PDF

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Oyster & Clam Market Size

Oyster & Clam Market size was valued at around USD 142 billion in 2022 and is estimated to reach USD 204.46 billion by 2032, owing to rising consumer demand for seafood and the popularity of raw bars and seafood restaurants.

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The market is a vibrant and profitable area of the seafood industry, defined by the production, harvesting, and distribution of these popular shellfish. Oysters and clams are in high demand due to their delicious flavour, variety in culinary uses, and supposed health benefits.

Oyster & Clam Market Report Attributes
Report Attribute	Details
Base Year:	2022
Oyster & Clam Market Size in 2022:	USD 142 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	3.8%
2032 Value Projection:	USD 204.46 Billion
Historical Data for:	2018 to 2022
No. of Pages:	210
Tables, Charts & Figures:	189
Segments covered:	Type, Form, Distribution Channel
Growth Drivers:	Increasing demand for seafood Perceived Health Benefits Rising culinary trends amongst young generation
Pitfalls & Challenges:	Threat of disease and parasites Changing climate conditions impacting availability & quality Market Volatality

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The oyster and clam market is experiencing significant growth, driven by several key factors. Firstly, increasing consumer awareness of the health benefits associated with seafood consumption has led to a rising demand for these shellfish, which are rich in protein, omega-3 fatty acids, and essential minerals. Moreover, the trend toward sustainable and environmentally responsible food choices has boosted the market, as oyster and clam farming practices are generally considered more eco-friendly than some other forms of seafood production. Additionally, the culinary world's exploration of diverse flavors and dishes has led to greater incorporation of oysters and clams in gourmet cuisine, expanding their market appeal.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

Oyster & Clam industry was valued at around USD 142 billion in 2022 and is estimated to reach USD 204.46 billion by the end of 2032, owing to their delicious flavour, variety in culinary uses, and supposed health benefits.

Fresh oysters & clam held a dominant market share of around 60% in 2022 and is expected to grow at a lucrative pace through 2032, as they are favored by restaurants and consumers who prioritize the freshest seafood in their dishes.

Asia Pacific oyster & clam market was worth USD 52.75 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032 as the region boasts a wide variety of oyster and clam species consumed across different countries.

Clearwater Seafoods, Taylor Shellfish Farms, High Liner Foods, Pangea Shellfish Company, Mazetta Company, LLC, Royal Hawaiian Seafood, Island Creek Oysters, Pacific Seafood, Ward Oyster Company, Woodstown Bay Shellfish Ltd, Five Star Shellfish Inc, and Colville Bay Oyster Co. Ltd among others.