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Mussel Market Analysis

  • Report ID: GMI11288
  • Published Date: Sep 2024
  • Report Format: PDF

Mussel Market Analysis

By mussel type, blue mussel segment will capture USD 3.25 billion and demonstrate a 4.4% CAGR by 2032. Blue mussels dominate the market due to their widespread availability, versatility, and high nutritional value. They are favored for their robust flavor and adaptability in various culinary applications, from gourmet dishes to everyday meals.
 

The efficiency of blue mussel farming, coupled with established supply chains, supports their dominance. Their relatively lower cost compared to other mussel types, such as green-lipped or Mediterranean mussels, further enhances their market presence. Additionally, blue mussels are a key component in sustainable seafood initiatives, reinforcing their role as a leading choice among consumers and businesses alike.
 

Mussel Market Revenue Share, By Form, (2023)

By form, the mussel market from fresh segment will expand to USD 2.26 billion and garner 4.4% CAGR by 2032. Fresh mussels dominate the market due to their superior taste, texture, and nutritional value compared to frozen or canned options. Consumers prefer fresh mussels for their optimal flavor and quality, which is often linked to higher culinary standards and dining experiences.
 

The freshness of the product also appeals to health-conscious individuals seeking nutrient-rich seafood. This preference drives a significant share of market demand towards fresh mussels, supported by efficient supply chains and advancements in refrigeration and logistics that ensure product availability and quality. Consequently, fresh mussels remain a leading form in the market.
 

By distribution channel, the mussel market from supermarket segment will expand to USD 1.83 billion and garner 4.7% CAGR by 2032. Supermarkets play a crucial role in the market by providing consumers with convenient access to fresh, frozen, and canned mussels. They serve as primary retail outlets where shoppers can find a variety of mussel products, including pre-packaged and ready-to-cook options.
 

Supermarkets often feature mussels in their seafood sections, leveraging their broad customer base to drive volume sales. They also benefit from established supply chains and partnerships with seafood suppliers, ensuring product availability and quality. As consumer interest in sustainable and healthy eating grows, supermarkets are increasingly stocking mussels to meet demand, supporting market expansion and product visibility.
 

Europe Mussel Market Size, 2021 - 2032 (USD Billion)

Europe mussel market will record 4.6% CAGR and USD 1.8 billion by 2032, due to a combination of strong consumer demand, advanced aquaculture practices, and rich culinary tradition. Countries like Belgium, the Netherlands, and France are major producers, with well-established mussel farming and harvesting operations.
 

European consumers value sustainably sourced seafood, contributing to a growing market for eco-friendly and high-quality mussels. Innovations in farming technology, such as improved water quality management and automated harvesting systems, support market growth. Additionally, the integration of mussels into diverse regional cuisines and the expansion of retail and foodservice channels further drive demand across the continent.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of mussel reached USD 3.41 billion in 2023 and will grow at 4.3% CAGR from 2024 to 2032, led by applications in direct consumption, processed foods, animal feed, and nutraceuticals.

The blue mussel segment size will demonstrate a 4.4% CAGR up to 2032, due to their widespread availability, versatility, and high nutritional value.

Europe market will record USD 1.8 billion in revenue by 2032, owing to a combination of strong consumer demand, advanced aquaculture practices, and rich culinary tradition.

Shengsi Xiangyuan Aquatic Products Co.,Ltd., Clearwater Seafoods, Blue World Seafood, Talley's, Highford Marketing, Yorso, WESTPAC, American Mussel Harvesters, Inc. , and Jutai Foods Group Limited.

Mussel Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 195
  • Countries covered: 23
  • Pages: 235
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