Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Octopus Market Share
Based on product type, frozen products account for a significant share of the market
The growing popularity of ready–to–eat food due to rising sedentary lifestyles is supporting the demand for frozen octopus and octopus-based products. The frozen octopuses are mostly sourced from Morocco, Mauritania, and Indonesia in Europe.
Additionally, octopuses can be frozen for 24 months, allowing for longer storage while preserving the octopus's fresh taste.
To reduce the growing pressure on fresh wild octopuses, the companies are focusing on commercial-farmed octopuses. These farms primarily centre on the common octopus (Octopus vulgaris), with initiatives underway in Europe (particularly Spain), the United States, Mexico, and Japan.
Based on distribution channels, direct sales channels lead the global octopus market
Direct sales of octopus typically involve purchasing the octopus directly from fishermen, seafood markets, or specialized seafood suppliers.
Indirect channels of distribution for octopuses involve intermediaries between the producers and consumers. This includes wholesalers, retailers, food service establishments, online platforms, exporters, and importers. Further, the Marine Stewardship Council and FAO Guidelines for the ecolabelling of fish and fishery products are aiding the demand for environmentally sustainable and clean label products.
Octopus Market Report Snapshots
Octopus Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The market attained a volume of 3,76,451.0 tons in 2023.
The market is estimated to grow at a CAGR of 1.2% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 4,20,608.1 tons by 2032.
The different types are fresh, frozen, and others (smocked, dried, or salted).
The key regional markets for octopuses are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Direct and indirect are the two types of distribution channels in the market.
The factors driving the growth of the market are increasing octopus farming, rising trend of consumption of exotic foods, the presence of significant safety and quality standards, and increasing awareness of the health benefits of octopus consumption.
The key players in the market include Frigorificos De Camarinas S.L., Mackay Reef Fish Supplies Pty Ltd., Amigo Sea Food Co., Siam Canadian Foods Co. Ltd., and Nueva Pescanova, S.L., among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
- Our Insights Store:
-
Industry Statistics
-
Procurement Insights
-
Consumer Insights
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124