India Crab Market, Status and Outlook (2024-2030)

India Crab market size was valued at US$ 324.6 million in 2024 and is projected to reach US$ 468.3 million by 2030, at a CAGR of 6.3% during the forecast period 2024-2030.

Edible crustaceans harvested from marine and freshwater environments, valued for their meat and used in various culinary applications, including both wild-caught and aquaculture-produced species.

The Indian Crab market is showing promising growth, driven by increasing domestic consumption, growing export demand, and rising awareness about the nutritional benefits of crab meat. Key factors include the expansion of seafood consumption beyond traditional fish varieties, increasing disposable incomes leading to higher spending on premium seafood, and the development of aquaculture technologies for crab farming.

The industry is seeing advancements in crab farming techniques, including the cultivation of mud crabs and blue swimming crabs in controlled environments. There's a growing trend towards value-added crab products, such as crab meat extracts, canned crab, and ready-to-cook crab preparations, catering to urban consumers and export markets. Challenges include managing the sustainability of wild crab populations, addressing the seasonality of crab availability, and improving cold chain logistics for fresh crab distribution. The market is benefiting from increased government support for coastal aquaculture development and initiatives to promote seafood exports.

Key players are investing in modern processing facilities to meet international quality standards and enhance the shelf life of crab products. There's increasing focus on developing sustainable crab fishing practices and implementing traceability systems to meet global market requirements.

The industry is also exploring the potential of soft-shell crab production, which commands premium prices in both domestic and international markets. As India's seafood sector continues to evolve and diversify, the crab market is expected to see steady growth. The market is witnessing growing interest from the hospitality sector, with high-end restaurants and hotels featuring crab dishes as gourmet offerings. Companies are developing marketing strategies to promote crab as a healthy and versatile seafood option, targeting health-conscious consumers.

The industry faces challenges in terms of competition from other seafood products and the need to educate consumers about different crab varieties and their culinary uses. However, the growing appreciation for seafood diversity, the nutritional profile of crab meat, and increasing export opportunities, particularly to Southeast Asian and Middle Eastern markets, suggest a positive outlook for the crab market in India. The sector is also seeing potential in developing crab-based products for the nutraceutical industry, leveraging the high protein and omega-3 content of crab meat.

This report contains market size and forecasts of Crab in India, including the following market information:

•     India Crab Market Revenue, 2019-2024, 2024-2030, ($ millions)
•     India Crab Market Sales, 2019-2024, 2024-2030,
•     India Top five Crab companies in 2023 (%)

Report Includes

This report presents an overview of India market for Crab , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Crab sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Crab market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•     Oceans Crab
•     Fresh Water Crab

Segment by Applications

•     Retails
•     Foodservices
•     Others

Key Companies covered in this report:

•     Kavery Fisheries India Pvt. Ltd.
•     Marine Products Export Development Authority (MPEDA)
•     Ananda Enterprises
•     National Fisheries Development Board (NFDB)
•     Apex Frozen Foods
•     Devi Fisheries Limited
•     Nila Sea Foods Pvt Ltd
•     Penver Products Limited
•     The Waterbase Ltd.
•     Uniroyal Marine Exports Limited

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•     Key companies Crab revenues in Indian market, 2019-2024 (Estimated), ($ millions)
•     Key companies Crab revenues share in Indian market, 2023 (%)
•     Key companies Crab sales in Indian market, 2019-2024 (Estimated),
•     Key companies Crab sales share in Indian market, 2023 (%)

Key Indicators Analysed

•     Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•     Indian Market Analysis: The report includes Indian market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•     Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•     Opportunities and Drivers: Identifying the Growing Demands and New Technology
•     Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•     Industry drivers, restraints, and opportunities covered in the study
•     Neutral perspective on the market performance
•     Recent industry trends and developments
•     Competitive landscape & strategies of key players
•     Potential & niche segments and regions exhibiting promising growth covered
•     Historical, current, and projected market size, in terms of value
•     In-depth analysis of the Crab Market
•     Overview of the regional outlook of the Crab Market

Key Reasons to Buy this Report:

•     Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•     This enables you to anticipate market changes to remain ahead of your competitors
•     You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•     The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•     Provision of market value (USD Billion) data for each segment and sub-segment
•     Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•     Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•     Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•     Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•     The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•     Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•     Provides insight into the market through Value Chain
•     Market dynamics scenario, along with growth opportunities of the market in the years to come
•     6-month post-sales analyst support

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