Market Size of Dry-Packaged Scallops Industry
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2021 |
| CAGR | 4.16 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Dry Packaged Scallops Market Analysis
The Dry-Packaged Scallops Market is projected to grow at a CAGR of 4.16% during the forecast period (2019-2025).
- The rising demand for seafood is influencing the demand for seafood cultivation. The cultivation of shellfish for human consumption, including mollusks, bivalve, clams, mussels, pipis, cockles, and scallops, is increasing. As scallops are seasonally available, therefore to ensure the availability of scallops in off-seasons, the scallop cultivation must be increased.
- North America is the second-largest market for dry-packaged scallops. In North America, United States is one of the largest markets as it is dominated by several on-trade and off-trade retailers. Rising online sales is identified as an emerging trend gaining traction in the market. Online sales of seafood and scallops are steadily growing, primarily during the holiday season.
