Caviar Market Size, Competitive Landscape, Future Trends and Forecast 2027
Caviar is mainly obtained from Sturgeon fish caught
in the Caspian Sea and it is considered expensive, but after the collapse and
vanishing of the Soviet Empire, the stocks came dangerously close to extinction
due to uncontrolled fishing of local fishermen just to survive. Now the prices
of caviar are even higher and likely to continue increasing in the upcoming
years. Russian Beluga caviar is hailed as the most prized caviar compared to
other caviar types available in the market. Large caviar farms around the world
are found in Italy, Israel, France, the US, and Uruguay.
Vegan caviar is the vegetarian and vegan-friendly
alternative which is made from a unique formula of seaweed which is available
in huge quantity in oceans. Vegan caviar is becoming popular in health
conscious consumers as it is low in calories and cholesterol but it is high in
calcium. The production of vegan caviar does not prove to be detrimental for
fish stocks and it is also not dependent on the fishing industry. These factors
are playing the key role to boost the vegan Caviar
Market Size.
Key
Players
The key players profiled in the Caviar Market Size are as The Caviar Co.
(U.S.), DELICATESSEN SNAILEX s.r.o. (Czech Republic), AMANGUL TULBERGEN
(Istanbul), Sepehr Dad Caviar Gmbh (Germany), CAVIAR BLANC (Portugal), LABEYRIE
(France), and VODNY MIR (Ukraine) among many others.
Market Segmentation:
The global Caviar Market Size has been divided into type, delivery form,
end use, distribution channel and region.
On The Basis Of Type: Vegan (Seaweed) and Non-Vegan (Beluga, Osetra,
Sevruga, Kaluga, Salmon, Sushi and Others)
On The Basis Of Form: Fresh, Preserved, Frozen, Dried, Cooked and Others
On The Basis Of End Use: Restaurant, Household and Others
On The Basis Of Distribution Channel: Specialty Shops, Wine Stores,
Supermarket, E-commerce and others
On The Basis Of Region: North
America, Europe, Asia Pacific and ROW.
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Regional Analysis
Europe region has the major
market share followed by APAC and North America. Russia and Iran together
dominated the caviar export market mainly due to rise in harvesting the eggs
from beluga sturgeon in the Caspian Sea. But in recent time overfishing of beluga
landed them on the endangered species list, and as supply decreased, other
nations, including Japan, Israel, and China, have started to fill the gap and
emerged as key caviar exporters. Improving economic condition of consumer and
expansion of distribution channel has boosted the market growth in Asia pacific
region. Availability of varieties in
Europe is the creating new opportunities for caviar suppliers in Europe. Top
exporters of caviar includes China, U.S., Italy, France, and Germany.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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