Oyster And Clam Market Size, Share, Growth, Trends, Report 2023-2032
The global oyster and clam market was estimated at USD 108.43 billion in 2022 and it is expected to surpass around USD 153.4 billion by 2032, poised to grow at a CAGR of 3.52% from 2023 to 2032. The oyster and clam market in the United States was accounted for USD 8 billion in 2022.
Key Pointers
Report Scope of the Oyster And Clam Market
| Report Coverage | Details |
| Revenue Share of Asia Pacific in 2022 | 46% |
| CAGR of North America from 2023 to 2032 | 3.74% |
| Revenue Forecast by 2032 | USD 153.4 billion |
| Growth Rate from 2023 to 2032 | CAGR of 3.52% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Companies Covered | Clearwater Seafoods; High Liner Foods; Pacific Seafood; Taylor Shellfish Farms; Mazetta Company, LLC; Pangea Shellfish Company; Royal Hawaiian Seafood; Island Creek Oysters |
Rising popularity of seafood and growing awareness of the health benefits offered by clams and oysters are the major factors propelling the demand for the market. Oysters and clams are a good source of protein, vitamins, and minerals, including iron, and zinc. They are also low in calories, making them an ideal food for consumers looking to maintain a healthy diet. Additionally, oysters and clams are high in omega-3 fatty acids, which are essential for brain and heart health. The rise of farm-to-table restaurants and an increased focus on local, sustainable sourcing has led to a surge in demand for locally sourced oysters and clams. Another factor driving the demand for oysters and clams in the restaurant industry is their versatility. These shellfish can be prepared in a wide range of ways, from raw on the half-shell to grilled, fried, or steamed. They can be incorporated into soups, stews, and other dishes, and their unique flavor and texture make them a popular choice for chefs looking to create unique and flavorful dishes. As more consumers seek out sustainable and locally sourced food options, the demand for oysters and clams in the restaurant industry is likely to continue to grow.
The companies operating in the industry are investing in R&D to improve the health benefits and sustainability provided by their products. Initiatives such as developing new farming techniques to reduce environmental impacts. For instance, U.S.-based Taylor Shellfish Farms have a recirculating sea water holding system that can hold close to 30,000 dozens of oysters during critical temperatures. Furthermore, companies operating in the doubling their production capacity to cater to the high consumer demand for seafood.
Also, in February 2021, Canada-based Angel Seafood, a sustainability-focused oyster farming company plans to double its production capacity to 20 million oysters per annum at its Australian farms to meet the rising demand for oysters, as well as improve profitability.
Oyster Type Insights
Slipper oysters dominated the oyster segment, accounting for the highest revenue share of 32% in 2022. The demand for slipper oysters is being driven by their unique flavor profile and appearance. Slipper oysters are considered a premium product, which means they can command higher prices and appeal to consumers willing to pay more for high-quality seafood. In addition, slipper oysters are filter feeders, which can help to improve water quality in the areas where they are grown. This can be an attractive selling point for environmentally conscious consumers.
The Pacific cupped oyster is predicted to expand at a CAGR of 5.63% during the forecast period 2022-2032 by revenue. The Pacific oyster is a species of shellfish become popular in North America, Australia, Europe, and New Zealand. The increasing popularity of oysters is driving demand for Pacific cupped oysters. Oysters are becoming more widely appreciated as a gourmet food item, and as a result, several consumers are seeking out oysters like Pacific cupped oysters. This has led to an increase in demand for these oysters both in restaurants and seafood markets.
Clam Type Insights
The hard clam dominated the clam segment with the largest share of 30% in 2022. Hard clam, quahog, is a bivalve mollusk native to shores of Central & North America. One of the main factors driving the demand for hard clams is the taste, which is briny and sweet with a firm texture, making them a popular choice for consumers. Hard clams are also versatile and can be used in various dishes like chowders, stews, and pasta dishes.
The Atlantic surf clam is anticipated to expand at a CAGR of 5.04% by revenue during the forecast period. Factors such as easy availability and rising demand for clam-based products in the retail and food service sectors are the major factors driving the demand for the segment. For instance, in April 2023, according to a study conducted by the Science Center for Marine Fisheries (SCEMFIS) in the U.S., Atlantic surf clams are not in danger of being overfished and are available in abundance for the U.S. market.
Also, companies operating in the industry are constantly launching innovative products to cater to the rising demand for clams. For instance, U.S.-based Atlantic Cape Fisheries offers a wide range of frozen stuffed clams for the food service and retail sector under its Galilean Kitchen brand. The range includes New England-style stuffed clams, Gourmet Stuffed clams in flavors such as chili lime, and bacon& cheddar.
Form Insights
The fresh segment dominated the form segment with the largest revenue share of 72%. The increasing availability and accessibility of fresh oysters and clams are driving demand for the segment. Improved transportation and distribution methods have improved access to fresh seafood for consumers who live far from the coast. This has further led to an increase in demand for fresh oysters and clams, both in restaurants and retail markets. In addition, as several consumers seek out healthy and sustainable food choices, they are turning to seafood as an alternative to meat and poultry. Additionally, the increasing popularity of raw seafood dishes like sushi and ceviche has led to an increased demand for fresh oysters and clams.
The canned oyster & clam is anticipated to expand at a CAGR of 5.74% by revenue during the forecast period. Canned oysters and clams are pre-cooked and preserved, making them easy to store and use in a variety of recipes. The convenience and affordability of canned seafood also make it an attractive option for food service providers, such as restaurants and cafeterias. In June 2022, Campbell Soup Co. announced plans to launch soups and stews by utilizing a new Old-Bay seasoned clam chowder.
Regional Insights
Asia Pacific led the market and accounted for a share of 46% share of the global revenue in 2022. The increasing availability of clams and oysters in the Asia Pacific region is driving demand for the overall market. Factors such as rising economic growth and growing disposable income have led to the growing demand for seafood. This has led to rising demand for premium seafood products, which are considered luxury food items in many Asian cultures.
China’s oyster and clam market is growing at a CAGR of 5.2% by revenue during the forecast period. The growth of aquaculture in China has led to an increase in the availability of oysters and clams, making them more accessible and affordable for consumers. Additionally, improved transportation and distribution methods have made it easier to import fresh oysters and clams from other countries.
North America oyster and clam market showcased significant growth with a CAGR of 3.74% by revenue during the forecast period. The rise in number of food service and retail outlets offering a vast variety of oyster and clam products is a significant factor driving the demand for the market in the region. In December 2021, the U.S.-based Island Seafood Co. announced the launch of a web service that offers packages of 10, 20, and 50 oysters to be shipped across Canada. The company is also offering a promotional party package that includes a shucking knife, beer, charcuterie, and a music playlist to drive demand for the product and services.
The European market for oyster and clam is anticipated to grow at a CAGR of 2.12% by volume during the forecast period. The European region is one of the major producers of oysters. In 2022, As per EUFOMA, the consumption of oysters was around 91,488 tonnes live weight. In addition, the availability of oysters and clams in the region has increased due to the development of aquaculture techniques that make it easier and more cost-effective to farm these shellfish.
Oyster And Clam Market Segmentations:
By Oyster Type
By Clam Type
By Form
By Regional
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Oyster Type Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Oyster And Clam Market
5.1. COVID-19 Landscape: Oyster And Clam Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Oyster And Clam Market, By Oyster Type
8.1. Oyster And Clam Market, by Oyster Type, 2023-2032
8.1.1 Slipper Oyster
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Pacific Cupped Oyster
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. American Cupped Oyster
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Oyster And Clam Market, By Clam Type
9.1. Oyster And Clam Market, by Clam Type, 2023-2032
9.1.1. Hard Clam
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Taca Clam
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Stimpson Surf
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Atlantic Surf
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Oyster And Clam Market, By Form
10.1. Oyster And Clam Market, by Form, 2023-2032
10.1.1. Fresh
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Canned
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Oyster And Clam Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.1.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.1.3. Market Revenue and Forecast, by Form (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.1.4.3. Market Revenue and Forecast, by Form (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.1.5.3. Market Revenue and Forecast, by Form (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.2.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.2.3. Market Revenue and Forecast, by Form (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.2.4.3. Market Revenue and Forecast, by Form (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.2.5.3. Market Revenue and Forecast, by Form (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.2.6.3. Market Revenue and Forecast, by Form (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.2.7.3. Market Revenue and Forecast, by Form (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.3.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.3.3. Market Revenue and Forecast, by Form (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.3.4.3. Market Revenue and Forecast, by Form (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.3.5.3. Market Revenue and Forecast, by Form (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.3.6.3. Market Revenue and Forecast, by Form (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.3.7.3. Market Revenue and Forecast, by Form (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.4.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.4.3. Market Revenue and Forecast, by Form (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.4.4.3. Market Revenue and Forecast, by Form (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.4.5.3. Market Revenue and Forecast, by Form (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.4.6.3. Market Revenue and Forecast, by Form (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.4.7.3. Market Revenue and Forecast, by Form (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.5.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.5.3. Market Revenue and Forecast, by Form (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.5.4.3. Market Revenue and Forecast, by Form (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Oyster Type (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Clam Type (2020-2032)
11.5.5.3. Market Revenue and Forecast, by Form (2020-2032)
Chapter 12. Company Profiles
12.1. Clearwater Seafoods
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. High Liner Foods
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Pacific Seafood
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Taylor Shellfish Farms
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Mazetta Company, LLC
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Pangea Shellfish Company
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Royal Hawaiian Seafood.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. sland Creek Oysters
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Quadpay, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. LatitudePay
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers