Mussel Farming Market

Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033

Mussel Farming Market by Type (Rope Hauling Systems, Mussel Declumpers, Mussel Seeders, Mussel Graders, Rope Washer, and Others Accessories), by Application (Mussel Farm, Mussel Processing Plant, and Other), and by Region (North America, South America, Europe) – Global Share and Forecast to 2033

Region: Global | Format: Word, PPT, Excel | Report Status: Published

According to the Market Statsville Group (MSG), the Global Mussel Farming Market size is expected to grow at a CAGR of 8.3% from 2023 to 2033.

Mussel farming involves the controlled cultivation of mussel species, especially Mytilus edulis (blue mussel) or Mytilus galloprovincialis (Mediterranean mussel), in underwater surroundings such as coastal waters, estuaries, or offshore locations. Mussel farming is the collection of mussel seeds, which are tiny, juvenile mussels, attached to ropes or other substrates. These seedlings are then put into the water at sites, where they feed on phytoplankton and organic particles. Mussel farming has environmental benefits as it improves water quality by removing excess nutrients from the surroundings. They also remove carbon, minimizing the effects of ocean acidification. Thus, mussel farming is a low-impact form of aquaculture, producing a high-protein, nutritious seafood product with minimal ecological disruption. This industry provides a sustainable source of food as well as positively responsible towards the coastal economies and reduces pressure on wild mussel populations, maintaining the marine ecosystems.

The demand for mussel farming has been increasing due to the growing global awareness of the benefits of sustainable food sources and organic seafood preferences. The health benefits associated with mussels are another factor that drives the market demand. As mussels are rich in high-quality protein, omega-3 fatty acids, vitamins, and minerals, which attract a huge customer base for consuming healthy and nutritious diets, significantly accelerated the demand for mussels farming. Also, the growing demand for mussels in various cuisines, increasing desire for innovative recipes, and the rising travel and tourism industry across the world are the factors that augment the market’s growth over the forecast period. Mussel farming creates job opportunities in coastal communities, resulting in increased revenue for local economies and fostering the market’s demand.

Climate change, pollution, and habitat degradation are the factors restraining the mussel farming market demand. These challenges lead to less production and product quality, resulting in disruption in the supply chain. Further, natural disasters and extreme weather events can disrupt mussel farming activities, leading to supply fluctuations and potential price volatility, hindering the market’s growth. The regulatory hurdles and permission requirements are other factors that restrict the mussel farming growth. Other seafood options such as shrimp, shellfish, salmon, and others available in the market increase the threat of substitutes which limits the market’s growth. However, the surging consumer and government preference for eco-friendly food production is creating a lucrative growth opportunity for the market. Also, the increasing technological advancements in farming methods may drive the market’s growth over the forecast period.

Mussel Farming Market Segmental Analysis, 2023-2033

Based on application, the market is divided into mussel farm, mussel processing plant, and others. By application, the mussel processing plant segment dominated the market share in 2023. The evolving consumer preferences and growing demand for read-to-eat seafood drive the demand for processed mussel products, which significantly accelerates the demand for the mussel processing plant segment. As mussel processing plants clean, sort, and process raw mussels into various convenient forms such as marinated mussels, pre-cooked mussels, and other value-added seafood products significantly expanded the market's growth. Also, the mussel processing plants extend the shelf life of mussel products and ensure quality and safety standards by attracting huge consumers and broader distribution networks augmenting the market’s growth.

Based on the regions, the global mussel farming market has been segmented across Europe, North America, Asia-Pacific, South America, and the Middle East & Africa. Asia Pacific accounted for the largest market share of 40% in 2023. The growing demand for sustainable food production in Asia Pacific, along with the growing trend of eco-friendly practices is driving the market’s growth. The growing health-conscious consumers seeking nutritious and protein-rich food options, boosting the demand for mussel farming in the region. The growing exports and economic opportunities in Asia Pacific, create jobs in coastal communities significantly increasing the market’s demand. The growing demand for different cuisines attracts huge consumers, and innovative dishes increase mussel farming in Asia Pacific.

Report Scope of the Global Mussel Farming Market

This market research study categorizes the mussel farming market-based on type, and application area at the regional and global levels.

By Type Outlook (Sales, USD Million, 2019-2033)

  • Rope Hauling Systems
  • Mussel Declumpers
  • Mussel Seeders
  • Mussel Graders
  • Rope Washer
  • Others Accessories (Chains, Ropes, etc)

By Application Outlook (Sales, USD Million, 2019-2033)

  • Mussel Farm
  • Mussel Processing Plant
  • Other

By Region Outlook (Sales, USD Million, 2019-2033)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Rest of MEA

Mussel Farming Market Key Players, 2023

The Major key players in the global mussel farming market are:

Recent Developments

  • In September 2023, Fisheries and Oceans Canada (DFO) and its partners announced the introduction of Zebra Mussels, an aquatic invasive species, in New Brunswick. The collaboration between the federal government and the provincial government enhance the control and management of aquatic invasive species to conserve and protect fish and sea habitat across the province.
  • In August 2023, Yumbah Aquaculture merged with Eyre Peninsula Seafoods (EPS), Australia’s farming and processing mussels company. The merger expands the company's product offering and can sell more than 2,300 tons of mussels under the Boston Bay Mussels and Kinkawooka Mussels brands in Australian markets.

Frequently Asked Questions

  • Key Issues Addressed
  • What is the market size and growth rate for different segmentations at a global, regional, & country level?
  • What is the customer buying behavior, key takeaways, and Porter's 5 forces of the market?
  • What are the key opportunities and trends for manufacturers involved in the supply chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of in the market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Who are the leading companies operating in the market? Also, who are the prominent startups that disrupt the market in coming years?
  • PUBLISHED ON: MARCH, 2024
  • BASE YEAR: 2023
  • FORECAST PERIOD: 2024-2033
  • STUDY PERIOD: 2019 - 2033
  • COMPANIES COVERED: 15
  • COUNTRIES COVERED: 24
  • NO OF PAGES: 237

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