Global Squid Market Forecast by Import, Export & Production

  • 4 years ago
Worldwide demand for squid has increased due to its high nutritional content. As a food source, squid is a vital source of protein, high vitamin, and mineral content and healthy fats. The unique biology of Squid Market requires a different management approach than other fisheries. Squid Market exhibit very fast growth and short life spans. Squid play an essential role as a mid-tropic level species, in which they transfer energy to the food chain.

Healthy eating trends and growing health awareness increases the demand for fish and seafood. The potential impacts of climate change inshore squid and rising squid prices are the main hurdles to this market. According to Renub Research, Global Squid Market will be more than US$ 11.6 Billion by the end of year 2025.

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The world market size of squid mainly focuses on key regions like the United States, European Union, China, Japan, Korea, India, and Southeast Asia. The boom in squid will have interesting consequences both for their ecosystem and for human society. Spain was the fourth largest importer of squid in the world. Spain not only has the largest Squid processing industry in Europe but also has a high per capita consumption and a high per capita expenditure on Squid products.

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Frozen squid is popular in southern European markets such as Spain and Italy. Imports are dominated by prepaid squid and almost every market in South East Asia has increased its imports in recent years. Major shares of domestic landings in Japan, China, South Korea, Malaysia and Taiwan are also marketed locally as fresh, mainly squid products.

Renub Research report titled “Global Squid Market By Import (Spain, Japan, Italy, China, Republic of Korea, Others), Export (China, India, Spain, Peru, Thailand, Other Countries) Production, Consumption, Products (Fresh, Frozen & Prepared), Value Chain Analysis & Forecast” provides a complete analysis of global Squid market.

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Global Squid Importing Countries
• Spain
• Japan
• Italy
• China
• Republic of Korea
• Others

Global Squid Exporting Countries
• China
• India
• Spain
• Peru
• Thailand
• Other

Global Squid Products
• Fresh
• Frozen
• Prepared

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