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Oyster & Clam Market size was valued at around USD 142 billion in 2022 and is estimated to reach USD 204.46 billion by 2032, owing to rising consumer demand for seafood and the popularity of raw bars and seafood restaurants.
The market is a vibrant and profitable area of the seafood industry, defined by the production, harvesting, and distribution of these popular shellfish. Oysters and clams are in high demand due to their delicious flavour, variety in culinary uses, and supposed health benefits.
Report Attribute | Details |
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Base Year: | 2022 |
Oyster & Clam Market Size in 2022: | USD 142 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 3.8% |
2032 Value Projection: | USD 204.46 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 189 |
Segments covered: | Type, Form, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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The oyster and clam market is experiencing significant growth, driven by several key factors. Firstly, increasing consumer awareness of the health benefits associated with seafood consumption has led to a rising demand for these shellfish, which are rich in protein, omega-3 fatty acids, and essential minerals. Moreover, the trend toward sustainable and environmentally responsible food choices has boosted the market, as oyster and clam farming practices are generally considered more eco-friendly than some other forms of seafood production. Additionally, the culinary world's exploration of diverse flavors and dishes has led to greater incorporation of oysters and clams in gourmet cuisine, expanding their market appeal.