Enjoy complimentary customisation on priority with our Enterprise License!
The Asia Pacific (APAC) Crab Market size is projected to increase by USD 2.41 billion, at a CAGR of 3.2% between 2023 and 2028. Crabs are increasingly gaining recognition for their nutritional value, making them a popular choice in the global seafood market. The rising awareness of their health benefits, which include high protein content, omega-3 fatty acids, and essential minerals, has led to an expansion of retail landscapes, both in terms of physical stores and online platforms. Furthermore, the growing prominence of land-based aquaculture has made crab farming more accessible and sustainable, reducing the environmental impact and ensuring a steady supply. This trend is expected to continue, as consumers become more health-conscious and seek out nutritious and sustainable seafood options. The crab industry's growth trajectory is promising, with opportunities for innovation in farming techniques, value-added products, and distribution channels.
The growing prominence of land-based aquaculture is notably driving the market growth. Land-based aquaculture can positively influence the growth of the market even though it is more costly than marine aquaculture. Similarly, it is one of the fastest-growing global food production processes and it has surpassed all other food-sourcing methods, such as conventional practices. Sea cage aquaculture is also prone to various issues, such as storms, predators, harmful algal blooms, and the transfer of pathogens and parasites to farmed species. Such events can adversely influence aquaculture production, including the production of crabs. However, land-based crab farming can prevent such hazards as it involves confining crabs to indoor tanks and inside facilities, which eliminates interactions between farmed crabs and the external environment. Such kinds of farming can also support in reducing the capital costs of the company which also helps in the market expansion. These factors are anticipated to fuel the growth of the market in APAC during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Environment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.