Name: Asia Pacific Lobster Market Size, Share, Growth and Industry Report
Creator: IMARC Group
License: https://www.imarcgroup.com/privacy-policy
Keywords: Asia Pacific Lobster Market Report, Asia Pacific Lobster Market

Asia Pacific Lobster Market Report by Species (American Lobster, Spiny Lobster, Rock Lobster, European Lobster), Weight (0.5 – 0.75 lbs, 0.76 – 3.0 lbs, Over 3 lbs), Product Type (Whole Lobster, Lobster Tail, Lobster Meat, Lobster Claw), Distribution Channel (Food Service, Retail), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A2888

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Market Overview:

The Asia Pacific lobster market size reached 41,630 Tons in 2023. Looking forward, IMARC Group expects the market to reach 61,390 Tons by 2032, exhibiting a growth rate (CAGR) of 4.28% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	41,630 Tons
Market Forecast in 2032	61,390 Tons
Market Growth Rate (2024-2032)	4.28%

A lobster is an invertebrate marine crustacean that belongs to the Arthropoda family. It has hard shells like that of crab, shrimp, and woodlice with large pairs of claws. Lobsters have a rigid, segmented body covering (exoskeleton), which is typically greenish-brown in color but turns bright red when cooked. They are a rich source of copper, selenium, zinc, phosphorous, vitamin E and B12, magnesium, and omega-3 fatty acid. They provide various health benefits, such as protection against thyroid dysfunction, reducing inflammation, boosting energy and improving cognition.

The Asia Pacific region represents one of the largest lobster markets, primarily driven by increased consumption of lobsters in countries such as China. Besides this, lobsters have become an integral part of the luxurious dining experience supported by consumers’ purchasing ability and the perception toward expensive delicacies as a symbol of social standing and affluence. Moreover, consumers across the region opt for lobster as it consists of fewer calories than chicken and is considered rich and decadent, for which consumers are willing to pay a high price.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific lobster market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on species, weight, product type, and distribution channel.

Breakup by Species:

American Lobster
Spiny Lobster
Rock Lobster
European Lobster

Breakup by Weight:

0.5 – 0.75 lbs
0.76 – 3.0 lbs
Over 3 lbs

Breakup by Product Type:

Whole Lobster
Lobster Tail
Lobster Meat
Lobster Claw

Breakup by Distribution Channel:

Food Service
Retail

Breakup by Country:

China
Japan
India
South Korea
Australia
Indonesia
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	‘000 Tons
Segment Coverage	Species, Weight, Product Type, Distribution Channel, Country
Countries Covered	China, Japan, India, South Korea, Australia, Indonesia, Others
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Asia Pacific lobster market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Asia Pacific lobster market?
What are the key regional markets?
What is the breakup of the market based on the species?
What is the breakup of the market based on the weight?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Asia Pacific lobster market and who are the key players?
What is the degree of competition in the industry?

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