July 24, 2020
As per the report titled ‘Global Caviar and Caviar Substitute Market Analysis By Product Type, Processing Method, End User (2019 Edition): Opportunities and Forecast (2014-2024)’, available with Market Study Report LLC, global caviar and caviar substitute market is projected to accrue substantial returns, expanding with a CAGR of 5.25% over 2019-2024.
Globally surging demand for seafood, increasing urban population, rising consumer inclination towards healthy and nutritious food, and escalating number of high-net-worth individuals are propelling the growth of global caviar and caviar substitute market. Furthermore, spike in demand from restaurants is enhancing the business outlook.
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Based on product type, global caviar and caviar substitute market is classified into Acipenser Baerii, Acipenser Gueldenstaedtii, Acipenser Transmontanus, and Acipenser hybrid. Speaking of the processing method, the market is segmented into malossol, pressed, salted, and pasteurized. Whereas the end-user spectrum constitutes restaurants, household, and others.
Considering the regional analysis, global caviar and caviar substitute market is fragmented into APAC, Europe, Americas, and MEA. The report further segments the regional landscape into U.S, Mexico, Canada, France, Germany, UK, Russia, Japan, China, and South Korea. Among these, Japan accounted for majority market share in the year 2018, cite credible sources.
Major players formulating the competitive scenario of global caviar and caviar substitute market are Hangzhou Qiandaohu Xunlong Sci-tech Co., Ltd. (KALUGA QUEEN), Sterling Caviar LLC, Agroittica Lombarda SpA, Caviar de Riofrio, Russian Caviar House LLP, Quintessence Caviar, Hubei Tianxia Sturgeon Co., Ltd., Amur Caviar Co. Ltd., California Caviar Company, and Browne Trading Company.