The global frozen crab and crab meat market survives pandemic losses; with e-commerce promising a recovery

IndexBox has just published a new report: ‘World – Crabs And Crabs Meat – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings. In 2020, the production and export of frozen crab and crab meat declined worldwide; the fall in sales incurred by the closure of the HoReCa segment, however, was offset by the surge in demand from retail consumers. Global imports fell against previous year figures, but demand from the USA, a major importer, remained robust. Global imports of crab meat (including frozen) fell by 14.7% in the first half of 2020 against the same period of 2019 (IndexBox estimates), illustrating a decrease in demand during the pandemic. The growth in e-commerce in the retail sector, combined with home delivery, helped to partly offset the slump in HoReCa. Related Content: The USA remains a key importing market. In 2020, crab imports (live and frozen) to the country fell marginally by -1.4% against previous year indices to 76 ...