Caviar and Caviar Substitutes Market

Caviar and caviar substitutes market: get access to recently published info provided by an Ai-driven market intelligence tool. Info provide market size, trade, market prices, consumption, production, companies, imports, and exports. There is a breakdown by region, including Latin America, Africa, the Middle East, the U.K., Russia, the U.S., EU, and China. Market insights and outlook to 2030 are also provided in the reports.

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Caviar and Caviar Substitutes - World's Largest Markets

In value terms, the largest caviar (salmon) and caviar substitutes markets worldwide were China, Russia and India, together comprising 34% of the global market. The United States, Japan, Indonesia, Bangladesh, Brazil, Mexico and Ethiopia lagged somewhat behind, together comprising a further 25%.

Mexico saw the highest growth rate of market size, among the main consuming countries over the period under review, while caviar (salmon) and caviar substitutes market for the other global leaders experienced more modest paces of growth.

Caviar (Salmon) And Caviar Substitutes Prices

Caviar (Salmon) and Caviar Substitutes - Top Importers

In value terms, Russia ($72M) constitutes the largest market for imported caviar (salmon) and caviar substitutes worldwide, comprising 23% of global imports. The second position in the ranking was occupied by Japan ($34M), with a 11% share of global imports. It was followed by South Korea, with a 7.7% share.

From 2018 to 2020, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-23.7% per year) and South Korea (+7.4% per year).

Caviar (Salmon) and Caviar Substitutes - Top Exporters

In value terms, Belarus ($62M), China ($51M) and Japan ($36M) appeared to be the countries with the highest levels of exports in 2020, with a combined 48% share of global exports. These countries were followed by Germany, Denmark, Kazakhstan, the United States, Russia, Sweden, the Netherlands, Iceland and South Korea, which together accounted for a further 42%.

The Netherlands (+79.4% per year) saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Caviar (Salmon) and Caviar Substitutes - Market Forecast

Driven by increasing demand for caviar (salmon) and caviar substitutes worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Caviar and Caviar Substitutes - Product Coverage

• HS 160432 - Fish preparations; caviar substitutes, prepared from fish eggs

Source: IndexBox Market Intelligence Platform