The Business Research Company’s report on the Bivalve Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the bivalve industry?
The increasing consumer demand for seafood is expected to propel the growth of the bivalve market going forward. Seafood encompasses edible marine creatures such as fish, shellfish, and other aquatic species, valued for their nutritional benefits. The demand for seafood is rising due to factors such as changes in dietary preferences, rising disposable incomes, and awareness of the health benefits associated with seafood. As consumers focus on healthier, protein-rich diets, bivalves are marine seafood that are rising in popularity due to their rich nutritional content, including omega-3 fatty acids and essential minerals. For instance, in October 2023, according to Sea fish, a UK-based public body supporting the seafood industry. In 2022, seafood imports from Iceland to the UK reached £286.3 ($323.77) million, accounting for 8% of the total £3.64 ($4.11) billion in seafood imports. This marked a £31.2 ($35.28) million increase (+12%) from 2021. Therefore, increasing consumer demand for seafood is driving the growth of the bivalve market.
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What is the estimated market size of the bivalve sector by 2029, based on current forecasts?
The bivalve market size has grown steadily in recent years. It will grow from $23.22 billion in 2024 to $24.30 billion in 2025 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to rising consumer demand for seafood, expanding global trade and demand for bivalves, increasing seafood exports, the rise of gourmet seafood consumption, and awareness of health and nutritional benefits of bivalve products.
The bivalve market size is expected see to steady growth in the next few years. It will grow to $28.86 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to sustainable aquaculture practices, growing interest in preserving marine ecosystems, increasing demand for premium products, the growing preference for low-calorie, high-protein, and nutrient-rich food sources, and support from governments and industry bodies promoting sustainable seafood practices. Major trends in the forecast period include advancements in offshore farming and recirculating aquaculture systems, genetic advancements in selective breeding, advanced eco-friendly harvesting technologies, growing innovation in processed bivalve products, and the development of climate-resilient bivalve farming techniques.
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#Who are the top players in the bivalve market?
Major companies operating in the bivalve market are Pacific Seafood, Sanford Limited, Taylor Shellfish Farms, Inverlussa Marine Services, Atlantic Aqua Farms, Hollywood Oyster Company, Fishers Island Oyster Farm, Lowcountry Oyster Company, Tomales Bay Oyster Company, Pemaquid Mussel Farms, Omega Seafood, Gamble Creek Farms, Ward Aquafarms LLC, Salt Revival Oyster Co., Dibba Bay Oysters, Offshore Shellfish Ltd., Nora Midye, Fassfern Mussels Limited, Cherrystone Aqua-Farms, Nazaré, Abemama Hotel
#What are the major trends in the bivalve market?
Major companies operating in the bivalve market are focusing on developing advanced products such as oyster brands to cater to premium consumer demand. An oyster brand is a trademark used to market oysters with unique qualities, such as premium flavor, origin, and sustainable farming practices. It emphasizes factors such as cultivation region, environmental stewardship, and freshness to attract discerning consumers. For instance, in September 2024, Australia’s Oyster Coast, an Australia-based vertically integrated oyster business, launched Oystersmiths, a brand designed to meet the growing demand for healthy and sustainable seafood. Oystersmiths will feature a curated range of oyster species, including rock, Pacific, and angasi oysters, appealing to consumers seeking high-quality, eco-friendly products. The launch aligns with increasing market emphasis on sustainability and the nutritional value of oysters, which are rich in essential vitamins, minerals, zinc, and omega-3 fatty acids.
Which geography holds the highest bivalve market share?
Asia-Pacific was the largest region in the bivalve market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the bivalve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the bivalve market?
The bivalve market covered in this report is segmented –
1) By Type: Clams, Oysters, Mussels, Scallops, Cockles
2) By Process: Harvesting, Shucking, Purification, Packaging
3) By Services: Aquaculture, Fishing, Processing, Distribution, Retail, Wholesale
4) By Application: Food Industry, Pharmaceuticals, Cosmetics, Nutraceuticals, Animal Feed
5) By End-User: Restaurants, Hotels, Supermarkets, Specialty Stores, Online Retail
Subsegments:
1) By Clams: Hard Clams, Soft Shell Clams, Razor Clams, Manila Clams
2) By Oysters: Pacific Oysters, Atlantic Oysters, Kumamoto Oysters, European Flat Oysters
3) By Mussels: Blue Mussels, Green Mussels, Black Mussels
4) By Scallops: Sea Scallops, Bay Scallops, Giant Scallops
5) By Cockles: Common Cockles, Heart Cockles, Edible Cockles
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How is the bivalve market defined, and what are its core characteristics?
A bivalve is a type of mollusk belonging to the class bivalvia, characterized by a body enclosed within a shell made of two hinged parts (valves). Bivalves are found in marine and freshwater environments and are typically filter feeders, drawing in water to extract plankton and other nutrients.
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