U.S. Crustacean Market 2025 to Grow at 3.9 CAGR with 5.7 Billion Market Size: Analysis and Forecasts 2033

Key Insights

The size of the U.S. Crustacean Market was valued at USD 5.7 Billion in 2024 and is projected to reach USD 7.45 Billion by 2033, with an expected CAGR of 3.9% during the forecast period. Crustaceans are a diverse group of arthropods that belong to the class Crustacea within the phylum Arthropoda. They are characterized by their segmented bodies, exoskeletons made of chitin, and jointed limbs, which distinguish them from other invertebrates. Crustaceans are primarily aquatic, living in both marine and freshwater environments, although some species have adapted to terrestrial habitats. The group includes familiar animals like crabs, lobsters, shrimp, and crayfish, along with less well-known species such as barnacles and copepods. Crustaceans exhibit considerable diversity in size, from microscopic planktonic forms to large species like the Japanese spider crab, which can have leg spans of up to 12 feet. A key feature of crustaceans is their exoskeleton, which provides structural support and protection from predators, but it also limits growth. As a result, crustaceans undergo a process known as molting, where they shed their old exoskeleton and grow a new, larger one. This process allows for periodic growth and is essential for their survival. The exoskeleton is often reinforced with calcium carbonate, especially in marine species like lobsters and crabs, making it hard and durable. This growth is driven by factors such as the increasing popularity of seafood consumption, rising health consciousness, and the growing demand for convenient and ready-to-eat options. Technological advancements in aquaculture and harvesting techniques have also contributed to the market's expansion. The market is highly fragmented with a large number of players, ranging from small-scale fishermen to large-scale seafood processors and distributors. The key market players include Acadia Crawfish Co., Bayou Bounty Crawfish, Boston Lobster Company, Cajun Crawfish Company, andCrawfish Town U.S.A.

U.S. Crustacean Market Concentration & Characteristics

The U.S. Crustacean Market is geographically concentrated, with major production and consumption hubs located along the Gulf Coast and the East Coast. The market is characterized by innovation, with companies investing in new technologies to improve production efficiency and product quality. Regulations play a crucial role in shaping the market, with government agencies enforcing strict standards for food safety and sustainability. Product substitutes, such as plant-based alternatives to seafood, are emerging as a potential challenge to the market. End-user concentration is relatively low, with the market serving a wide range of consumers, including households, restaurants, and foodservice establishments. Mergers and acquisitions have been a significant trend in the market, as larger companies seek to expand their market share and consolidate their position.

U.S. Crustacean Market Trends

Key market insights include the growing demand for premium and value-added crustacean products, the shift towards online seafood sales, and the increasing popularity of ready-to-eat and packaged seafood options. The market is also witnessing a growing awareness of the environmental impact of seafood production, leading to a rise in sustainably sourced and eco-friendly products. Technological advancements, such as the use of artificial intelligence and automation in aquaculture, are expected to further drive market growth.

Key Region or Country & Segment to Dominate the Market

The Gulf Coast region is expected to dominate the U.S. Crustacean Market due to its established seafood industry and favorable environmental conditions. The Marine Waters segment is projected to hold a larger market share than the Inland Waters segment, driven by the higher volume of crustaceans caught in marine environments.

U.S. Crustacean Market Product Insights Report Coverage & Deliverables

The report provides comprehensive coverage of the U.S. Crustacean Market, including in-depth analysis of market size, market share, and growth prospects. Key insights on market drivers, challenges, and trends are included. The report also offers detailed profiles of leading market players and their strategic initiatives.

U.S. Crustacean Market Analysis

The U.S. Crustacean Market is highly competitive, with numerous players vying for market share. The market is segmented based on product type, culture area, and geographic location. Shrimps and prawns hold the largest market share, followed by crabs and lobsters. Marine waters account for a majority of the market, while inland waters contribute a smaller share.

U.S. Crustacean Market Regional Insights

• U.S.
  • Gulf Coast
  • East Coast
  • West Coast
  • Central Region
  • Rocky Mountain Region

Driving Forces: What's Propelling the U.S. Crustacean Market

• Increasing demand for seafood
• Rising health consciousness
• Growing demand for convenient and ready-to-eat options
• Technological advancements in aquaculture and harvesting techniques
• Government initiatives promoting seafood consumption

Challenges and Restraints in U.S. Crustacean Market

• Overfishing and environmental concerns
• Increasing competition from imported products
• Rising labor costs
• Product contamination and safety issues

Emerging Trends in U.S. Crustacean Market

• Growing demand for premium and value-added products
• Shift towards online seafood sales
• Increasing popularity of ready-to-eat and packaged options
• Rising awareness of environmental impact
• Technological advancements in aquaculture

U.S. Crustacean Industry News

• February 2023: Santa Monica Seafood began construction on a new 26,000-square-foot facility in Elkridge, Maryland, U.S.A. The seafood production, packaging, and warehousing facility has now been completed.
• March 2023: Pacific Seafood Group announced the acquisition of Ready Seafood Co., expanding its presence in the U.S. crustacean market.

Leading Players in the U.S. Crustacean Market

• Acadia Crawfish Co.
• Bayou Bounty Crawfish
• Boston Lobster Company
• Cajun Crawfish Company
• Crawfish Town U.S.A.
• East Coast Seafood Group
• Eastern Fish Co.
• Go Crawfish
• Louisiana Crawfish Company
• Pacific Seafood
• Ready Seafood Co.

U.S. Crustacean Market Segmentation

• 1. Product
  • 1.1. Shrimps
  • 1.2. Prawns
  • 1.3. Crabs
  • 1.4. Lobster
  • 1.5. Crawfish
  • 1.6. Others (krill, woodlice, barnacles, etc.)
• 2. Culture Area
  • 2.1. Marine Waters
  • 2.2. Inland Waters

U.S. Crustacean Market Segmentation By Geography

• North America
  • United States
  • Mexico
  • Canada