Bivalvia Market Size Share Growth Opportunities and Forecast 2023-2030

Bivalvia Market Overview

Global Bivalvia Market Anticipates Remarkable Growth, Projected to Reach USD 25,602.6 Million by 2030

The global Bivalvia market, valued at USD 19,899.7 million in 2022, is poised for substantial expansion, projecting a lucrative growth trajectory to USD 25,602.6 million by 2030. This robust growth, with a CAGR of 3.2% during the forecast period (2023-2030), is driven by the increasing demand for these health-promoting mollusks, particularly among the aging population.

Bivalves, encompassing clams, mussels, and scallops, offer a wealth of benefits, boasting rich protein content with low calories, and essential nutrients such as vitamins B12, zinc, and magnesium. Notably, these marine delicacies are gaining favor among the senior demographic in developed regions, serving as a preferred source of protein compared to traditional meat products.

Market Scope and Summary Metrics

CAGR: 3.2%

Size Available for Years: 2021-2030

Forecast Period: 2023-2030

Data Availability: Value (USD)

Segments Covered: Product Type, and Region

Regions Covered: North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Fastest Growing Region: Asia Pacific

Largest Region: North America

Report Insights Covered: Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other Key Insights.

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Market Dynamics and Trends

Growing Health Consciousness And Innovations In Packaging Are Driving The Growth Of The Bivalvia Market

The market is propelled by increasing health consciousness and a surge in demand for low-calorie foods. Vegans, recognizing the nutritional benefits of Bivalvia, further contribute to market expansion. Notably, Bivalvia aligns with the rising global concern over obesity-related health issues, positioning itself as a low-calorie, high-protein dietary option.

Stringent Regulations Imposed On Bivalves Are Holding Back The Bivalvia Market Growth

While Bivalvia enjoys popularity, regulatory challenges pose constraints, especially for small-scale producers. Compliance with environmental and food safety regulations, exemplified by the FDA's oversight in the United States, remains a hurdle. The National Shellfish Sanitation Program sets standards to ensure the safety of bivalves for human consumption.

Market Segment Analysis

The Oysters Segment Accounted For The Highest Share Of The Global Bivalvia Market

Oysters, with their numerous health benefits, including muscle growth, cardiovascular health improvement, and immune system boost, lead the Bivalvia market. The global inclination toward gourmet seafood cuisines and a preference for thick-shelled seafood variants contribute to the segment's substantial growth.

Geographical Penetration

Asia Pacific is Dominating The Global Bivalvia Market During The Forecast Period

Asia Pacific emerges as the dominant region, fueled by escalating demand for oysters and their variants. China, Japan, and other countries witness heightened traction due to the unique health-promoting benefits of Bivalvia. As per FAIRR, the region has seen a 44% increase in new vegetarian and vegan products since 2019.

Companies and Competitive Landscape

Major Global Players: Blue Harvest Fisheries LLC, Camanchasa SA, Dongwon Group, Pacific Seafood Group, FCF Fishery Co. Ltd., Future SeaFood, Inc., Glenmar Shellfish Ltd., Gortons. Inc., Ocean Choice International, and PEI Mussel King.

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Oyster and Clam Market

Oyster Sauce Market

Zinc Methionine Chelates Market

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