Whether you’re a shellfish specialist or a newcomer to the seafood location, you’ve already chosen if you want clams or oysters. People have been eating them for centuries; both have a two-part shell and two muscles. These mollusks differ from one another in taste and nutritional value, though. Also, the increasing popularity of seafood and the rising awareness of the health benefits of clams and oysters are the primary factors driving the oyster and clam market growth.
Oysters and clams are viewed as a healthy meal choice because they are low in calories. They appeal more to customers concerned about eating a balanced, wholesome diet while enjoying delectable seafood. As a result, the market for oysters and clams has been expanding globally due to rising consumer demand.
What are Oyster and Clam?
Oysters enjoy a more sedentary life, lose their original muscular foot, and live in salt water. They are high in calcium, phosphorus, vitamin B12, and potassium yet low in fat and calories. However, clams may be the most wholesome mollusk, beating out oysters. Clams are more frequently found in fresh water, have a muscular foot that they use to move about, and are low in calories and fat.
Health Benefits of Oyster and Clam
Here are some of the most significant benefits that oysters and clam offers:
Oyster Benefits:
- Reduces body weight
- Manages blood sugar levels
- Improves antioxidants
- Aid In Embryonic Growth
- Strengthens bones
Clam Benefits:
- Enhances skin complexion
- Eliminates high blood pressure
- Ward off Rheumatoid Arthritis
- Improves blood function
- Excellent energy source
Market Value
The global oyster and clam market was valued at USD 107.94 billion in 2022 and is expected to grow to USD 151.02 billion at a CAGR of 3.4% during the forecast period of 2032.
The Growth Drivers of the Market
To improve the sustainability and health benefits of their products, companies in the oyster and clam business are aggressively investing in R&D. To lessen the negative effects on the environment, they are launching initiatives like creating inventive farming methods.
Moreover, businesses in the sector are boosting their production capacity to match the rising customer demand for seafood. They invest in systems and procedures to increase their clams and oysters’ output. This growth is necessary to keep up with the expanding oyster and clam market demand and guarantee a steady supply of these in-demand seafood items.
Market’s Leading Regions
The increased availability of clams and oysters, rising disposable income, growing economy, and the cultural importance of seafood in the Asia Pacific contribute to the region’s rise. These elements have increased the demand for high-quality seafood products, making clams and oysters in the area highly sought-after commodities.
Moreover, the oyster and clam market in North America is anticipated to grow at a faster rate. This growth is caused by the rise in the number of restaurants and grocery stores that sell various oyster and clam products to satisfy the preferences of different clientele. Companies like Island Seafood Co., by expanding accessibility and providing consumers with engaging experiences, further contribute to the market’s expansion by launching new web services and utilizing promotional techniques.
Recent Developments in Market
- Island Seafood unveiled a digital service portal in December 2021. Customers may effortlessly order bundles of 10, 20, or 50 oysters for delivery across Canada via this online platform. The business has also unveiled a tempting promotional party package. The bundle includes a shucking tool, beer, charcuterie, and a specially selected playlist. These services increase demand for the company’s oyster goods and services by giving clients a satisfying and thorough experience.
The Bottom Line
The demand for oyster and clam market is boosted by the increase in consumers who eat a balanced diet. Customers increasingly seek sustainable and healthy food options as they grow more environmentally conscious and health conscious. As customers look for better and more environmentally friendly food options, clams and oysters are becoming increasingly popular as a sustainable and healthful source of protein.