Report Code: A15486 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Octopus Market
Request Now !The octopus market is experiencing a significant growth, and will grow considerably in next few years. Octopus is heavily consumed in countries like Spain and Italy in Southern Europe. However, the extensive supply of Octopus comes from countries such as Indonesia and Mexico. Octopus growth rates are relatively high and they also have a short life cycle, making them suitable for commercial aquaculture. The major producer of Octopus are China and Japan. Globally, the importers of Octopus are; the United States, Italy, and Spain. Octopus meat is enriched in minerals, nutrients, and healthy fats. It is also a good source of fatty acids and traces minerals and Omega-3. Besides, the presence of high iron content in octopus meat helps to maintain a healthy immune system.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
Rise on demand and benefits
Octopus meat has gained popularity among health-conscious consumers as a natural and healthy source of iron, selenium, Vitamin B12, and Omega-3 fatty acids. The lean meat of octopus is rich in vitamins, minerals, and healthy fats. Octopus meat is a rich source of nutrients, including trace minerals and Omega-3 fatty acids. The demand for Octopus meat is likely to grow in the forthcoming years as it has high iron content and helps in keeping the immune system healthy while aiding in brain development and cell growth. The presence of omega-3 fatty acids in octopus meat helps in lowering the chances of strokes and heart attacks among patients.
Rise in demand for exotic meat Â
The increasing demand for exotic meat is one of the key trends which will drive the market growth. The increasing disposable income and evolving taste preferences of people worldwide have resulted in an increasing demand for octopus, and it is gaining popularity among exporters and chefs. Millennials form one of the major consumer segments for octopus, attributable to their inclination toward newer tastes, flavors, and experiences. In many countries, octopus is eaten as a delicacy, such as miruhulee boava in the Maldives, arroz de polvo in Portugal, and hongzhang in Singapore. The above-mentioned factors are augmenting the demand for octopus as exotic food, which is driving the growth of the market.
Key Benefits of the Report
Questions answered in the Report
Octopus Market Report Highlights
Aspects | Details |
---|---|
By Product Type |
|
By Application |
|
By Distribution Channel |
|
By Region |
|
Key Market Players | Joe Pattis Seafood Company, Frigorificos de Camarinas S.L., Galveston Shrimp Company, Pescanova Hellas EPE |
Start reading.
This Report and over 67,069+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers