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Brazil Crab Market

Brazil Crab Market

  • Published on : 21 October 2024
  • Pages :205
  • Report Code:SMR-8013659

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Report overview

The Brazil Crab market size was valued at US$ 172 million in 2024 and is projected to reach US$ 224 million by 2030, at a CAGR of 4.5% during the forecast period 2024-2030.
The crab market involves the capture, farming, processing, and sale of various crab species for human consumption, both domestically and for export.
Brazil's crab market is growing moderately, driven by increasing domestic seafood consumption and the popularity of crab in coastal cuisines. In 2023, wild-caught crabs accounted for 85% of the market, with the remaining 15% from small-scale crab farming operations. The market saw a 3% increase in crab landings in 2023, reaching approximately 20,000 metric tons. Consumption of processed crab products (e.g., canned crab meat) is growing at 6% annually. Key players are investing in improving cold chain logistics, with an 8% year-over-year increase in the capacity of refrigerated storage facilities for crab distribution. The industry is also witnessing a trend towards sustainable crab fishing practices, with a 10% rise in the implementation of crab stock management programs in key fishing areas. Brazil's extensive coastline and diverse crab species contribute to market growth, with a 4% increase in the value of crab exports, primarily to neighboring South American countries. The market is benefiting from growing consumer interest in seafood as a healthy protein source and the popularity of crab in traditional and contemporary Brazilian cuisine. However, challenges such as overfishing in some areas, climate change impacts on crab habitats, and competition from imported seafood remain factors influencing market dynamics. The sector is also seeing increased focus on value-added crab products and gastronomy-driven demand for specific high-value crab species.

This report contains market size and forecasts of Crab in Brazil, including the following market information:
•    Brazil Crab Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    Brazil Crab Market Sales, 2019-2024, 2024-2030,
•    Brazil Top five Crab companies in 2023 (%)

Report Includes

This report presents an overview of Brazil market for Crab , sales, revenue and price. Analyses of the Brazil 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 Brazil 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:

•    Santa Cruz
•    Camar