Bivalvia Market to grow by CAGR of 3.36% in 2024; Increasing demand for nutritious food boosts the market- Technavio

NEW YORK, Jan. 11, 2024 /PRNewswire/ — The bivalvia market is set to grow by USD 4.65 billion from 2023 to 2028 progressing at a CAGR of 3.36% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by Increasing demand for nutritious food.

The increasing demand for nutritious food drives the market growth. Clams, mussels, oysters, and scallops, integral to this market, are sought after due to their nutritional value. Bivalve farming, aquaculture, and pearl farming constitute key components of the thriving shellfish industry. Innovations in bivalve processing, sustainable seafood practices, and advanced harvesting techniques further boost the bivalve market growth and viability.

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The report on the Bivalvia market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Bivalvia Market 2024-2028 – Market Dynamics

TRENDS

The growth of bivalve mariculture worldwide is a primary trend in the market. As seafood consumption rises, shellfish products like clams, mussels, oysters, and scallops witness increased demand, influencing bivalve exports and bivalve imports within the bivalve supply chain. This growth, while beneficial, necessitates stringent measures to safeguard aquatic ecosystems from shellfish diseases. Advancements in shellfish processing technology contribute to enhancing bivalve nutrition, reflecting the evolving bivalve market trends in the industry.

CHALLENGES

Stringent regulations and high tariffs on seafood imports are one of the key challenges hindering the Bivalvia market growth. Amidst growth and opportunities, comprehensive bivalve market research and bivalve market analysis become imperative for informed decisions due to evolving bivalve industry regulations and seafood safety standards. Shellfish market segmentations further complicate matters, demanding sustainable aquaculture practices to ensure growth aligns with bivalve market challenges. Navigating these intricacies poses a significant hurdle despite the potential bivalve market opportunities.

Bivalvia Market 2024-2028: Market Segmentation

The bivalvia market analysis includes type, source, and geography landscape. This study identifies the Innovations in the packaging of Bivalvia, increasing e-commerce channels for sales, and the growth of bivalve mariculture worldwide as one of the prime reasons driving the Bivalvia market growth during the next few years.

The market growth by the clams segment is significant during the forecast period. The category of clams encompasses a variety of shellfish belonging to the mollusk family.

The rising preference for natural and organic products will fuel the wild harvest segment which will increase the market growth. The wild harvest segment involves the collection of natural resources, seafood, or products directly from their natural or wild habitats.

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View the Free Sample Report

The Bivalvia market covers the following areas:

Bivalvia Market Sizing

Bivalvia Market Forecast

Bivalvia Market Analysis

Companies Mentioned

Camanchaca SA
Future SeaFoods Inc.
Glenmar Shellfish Ltd.
High Liner Foods Inc.
Joe Pattis Seafood Co.
Ocean Choice International
Pacific Seafood Group
PEI Mussel King
Slade Gorton and Co. Inc.
Taylor Shellfish Farms Inc.
The Great Little Harbour Seafood Co.
WILD OCEAN AQUACULTURE LLC

Future SeaFoods Inc: The company offers Bivalvia such as the Atlantic or American Oysters.

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Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by Source

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

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