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The rising popularity of seafood across the globe
The rising demand for seafood is driving the oyster market growth across the world during the forecast period. As oyster farming is considered a viable and sustainable means of production, the market for oysters is expected to grow further.
Oysters are recognised for their high nutritional value, being rich in protein, vitamins, minerals, and omega-3 fatty acids. As consumers become more health-conscious, they seek out nutrient-rich foods like oysters. There's a growing interest in culinary diversity and gourmet foods. Oysters, with their unique taste and texture, are a sought-after delicacy in many fine dining and upscale casual dining establishments.
Oysters are often touted as a sustainable seafood choice. Oyster farming can be environmentally beneficial, as oysters filter and purify the water, improving the quality of their marine habitats. With rising disposable incomes, especially in emerging economies, more people can afford luxury foods like oysters.
Growing consumer awareness regarding the various health benefits of oysters
The surging awareness among consumers regarding the health benefits of oysters is likely to positively influence the oyster market demand. Oysters are a rich source of zinc, selenium, and omega-3 fatty acids which is further encouraging consumers to consume oysters as a healthy food option. Despite their rich nutrient content, oysters are low in calories, making them an appealing choice for individuals focusing on weight management or a balanced diet.
The omega-3 fatty acids in oysters are known for their cardiovascular benefits, including reducing the risk of heart disease and lowering bad cholesterol levels. Oysters are exceptionally high in zinc, a mineral crucial for maintaining a healthy immune system. Regular consumption of oysters can help boost immunity. Moreover, high levels of calcium, phosphorus, and vitamin D in oysters contribute to stronger bones and teeth, reducing the risk of osteoporosis and other bone-related issues.
Increased incorporation of oysters in various seafood dishes
One of the crucial oyster market trends is the rising popularity of sushi along with other seafood dishes made from oysters. As global connectivity increases, there's a growing appreciation and curiosity for diverse cuisines, particularly Japanese sushi, which often features seafood, including oysters. Sushi has transitioned from a traditional Japanese dish to a global culinary phenomenon, found in restaurants and supermarkets worldwide. This has introduced a wide audience to seafood-based dishes.
While not traditionally common in classic sushi, creative sushi chefs have started to incorporate oysters, both raw and cooked, into sushi rolls and other Japanese-inspired dishes. The fusion of different culinary traditions has led to innovative uses of oysters in various dishes, combining traditional sushi elements with local flavours and ingredients.
Oyster Market 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.*
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The market is assessed to grow at a CAGR of 3.50% between 2024 and 2032.
The major market drivers are the growing urban population along with the growing demand for seafood.
The key market trends include the increasing disposable income among people, growing number of health-conscious consumers, and rising popularity of dishes made with oysters.
The various types of oysters in the market include cupped oyster, Pacific cupped oyster, American cupped oyster, and Penguin wing oyster, among others.
The primary end uses in the market for oysters include food service and retail.
The different distribution channels in the market for oysters include supermarkets and hypermarkets, convenience stores, specialty outlets, and online, among others.
The major players in the global oyster market are Ward Oyster Company, Cape Cod Oyster Company, Chatham Shellfish Company, Taylor Shellfish Farms, France Naissain and Vendée Naissain, Woodstown Bay Shellfish Ltd., East 33 Deliveries Pty Ltd, Hog Island Oyster Co., Colville Bay Oyster Co. Ltd., Hoopers Island Oyster Company, and Five Star Shellfish Inc., among others.
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