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Caviar Market | Worldwide Industry is predicted to grow at approximately 5.4% by Forecast to 2022
Global Caviar Market is projected to grow at the CAGR of 5.4%. Increasing demand of caviar as garnish and spread is driving the market growth from last few years. Advancement in extraction process of caviar from various fish species has boosted the production of caviar. Cheaper alternatives which are developed from the roe of whitefish and the North Atlantic salmon will change the market dynamic in upcoming years.
Key players in caviar are located in Europe especially in Italy and Russia. Caviar made in Russia are more popular and it is in huge demand from various regions of globe. Improvement in aquaculture of fish species including beluga and salmon is anticipated to support the caviar market in North America. The prices of caviar are depends upon the type of fish species and the region.
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Caviar Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these Asia Pacific region has the major market share followed by Europe. Increased caviar production in China and Australia has boosted demand of caviar in APAC region. Rising consumption of caviar in Italy and Russia is influencing the production of caviar. China, U.S., Italy, France and Germany are the top exporter of caviar in the world.
Major Key Players:
This report includes a study of strategies such as mergers and acquisitions, product launches by the major caviar market players. It further includes product portfolios, developments of leading major players which includes
- CAVIAR BLANC (Portugal)
- Sepehr Dad Caviar Gmbh (Germany)
- LABEYRIE (France)
- VODNY MIR (Ukraine)
- The Caviar Co. (U.S.)
- DELICATESSEN SNAILEX s.r.o. (Czech Republic)
- AMANGUL TULBERGEN (Istanbul)
- Distribution of caviar through e-commerce is growing at higher rate
- The top five importers of caviar are Malaysia, Spain, U.K., Lithuania and Kazakhstan
- Russia and Iran are the major producer of caviar
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- Global Caviar Market has been segmented on the basis of fish type which comprises beluga, osetra, sevruga, kaluga, salmon, sushi and others. Among these types sevruga and oestra are dominating fish types due to availability of these fishes compared to others
- Global Caviar Market has been segmented on the basis of delivery form which fresh, preserved, frozen, dried, cooked and others. Among these delivery form preserved and dried forms are gaining popularity as it has long shelf life and it is easier for transportation
- Global Caviar Market has been segmented on the basis of end use which comprises restaurant, household and others. Restaurants dominate in this segment market.
- Caviar market has been segmented on the basis of distribution channel which comprises gourmet specialty shops, wine stores, supermarket, e-commerce and others. Gourmet specialty stores and wine stores are also important distribution channel types.