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Lobster contains a rich source of nutrients like vitamin E, Omega 3 fatty acids, magnesium, phosphorus, copper, zinc, and B12. Currently more than half of the lobster produced in the United States of America only. People across the world prefer to eat lobster because of their rich nutrients, and their omega 3 fattyacids component is best for heart disease patients. The Global Lobster Market is expected to cross the volume 400 thousand tons by the end of the year 2025.
Currently, the bulk of lobsters are exported from Canada; the initial period of a China & United States trade war seems set to have a significant effect on the lobster market. As China has put the 25% tariff on the lobsters originating from USA, Canada is winning United States market share. Besides in 2017, the Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU28 also affecting lobsters exporters of USA.
Lobster can be prepared in many ways, such as boiling and steaming. It can also be used as filler for a sandwich, added in pasta etc. The major factors that are fueling the growth of lobster market globally are; rising disposable income, preference of sea-food over other animal meat, rich source of nutrients, advancement of farming process across the world will further boost the market.
A new research report of Renub Research titled “Global Lobster Market, by Species (American lobster, European lobster, Caribbean spiny lobster, Australian spiny lobster, Red Rock Lobster, and Others), Importing Countries (United States, Canada, China, France, China, Hong Kong (SAR) and others) Exporting Countries (Canada, United States, Australia, New Zealand, United Kingdom and Others) Forecast” This report studies the Global Lobster market and volume analysis.
Price Analysis
In this report, we have done a full analysis of lobster price; lobster import price by top importing nation and lobster export price by top exporting nation.
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Major Lobster Importing Countries:
• United States
• Canada
• China
• France
• Hong Kong (SAR)
• Others
Major Lobster Exporting Countries:
• Canada
• United States
• Australia
• New Zealand
• United Kingdom
• Others
Market Segment by Source of Species
• American lobster
• European lobster
• Caribbean spiny lobster
• Australian spiny lobster
• Red Rock Lobster
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