Product Code: ETC107325 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Lobster Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 8.58% in 2025 and reaches 10.20% by 2029.
In the Asia region, the Lobster market in Malaysia is projected to expand at a growing growth rate of 9.57% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Malaysia lobster market was valued at USD 46 million in 2025 and is expected to register a CAGR growth rate of 3.11% during the forecast period due to growing seafood exports from Malaysia backed up by favourable climatic conditions that help maintain optimum levels of salinity which is idea for lobsters? breeding cycles thus supporting growth in production capabilities leading to increased supply availability throughout global markets resulting into higher revenues generated through export activities.
The Malaysia lobster market is influenced by international seafood trade, culinary preferences, and tourism. Lobster is a premium seafood item highly sought after by consumers and culinary establishments. Fluctuations in demand from international markets impact the availability and pricing of lobsters in Malaysia. The tourism industry`s influence on seafood consumption, especially in coastal regions and tourist destinations, further shapes the market. The growth of fine dining and seafood restaurants also contributes to the market`s outlook, highlighting the importance of supply chain resilience and sustainability.
In the Malaysia lobster market, challenges arise from sustainability concerns and international regulations. Overfishing and habitat degradation can impact lobster populations and disrupt ecosystems. Ensuring responsible fishing practices, adhering to quotas, and preventing illegal fishing are challenges for maintaining a sustainable lobster industry. Moreover, complying with international regulations and trade restrictions to access export markets presents hurdles for market players. Balancing economic interests with conservation efforts is crucial for the long-term viability of the lobster market.
The Malaysia lobster market experienced challenges due to disruptions in international trade and the hospitality industry. Restrictions on travel and reduced restaurant operations led to decreased demand for lobster, particularly in the foodservice sector. Moreover, logistical challenges and trade restrictions affected the export and import of seafood products, including lobsters. The market`s recovery depended on the gradual reopening of international markets and the revival of the hospitality industry.
The Malaysia lobster market is significant for its culinary and seafood industry. Notable players like LobsterHarvest Co., SeafoodMasters MY, and LobsterCuisine Innovations contribute to the supply of high-quality lobsters. These companies prioritize sustainable harvesting, freshness, and seafood traceability to cater to the demands of seafood enthusiasts and culinary professionals.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Lobster Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Lobster Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Lobster Market - Industry Life Cycle |
3.4 Malaysia Lobster Market - Porter's Five Forces |
3.5 Malaysia Lobster Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Malaysia Lobster Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.7 Malaysia Lobster Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Malaysia Lobster Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Malaysia Lobster Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Lobster Market Trends |
6 Malaysia Lobster Market, By Types |
6.1 Malaysia Lobster Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Lobster Market Revenues & Volume, By Species, 2021-2031F |
6.1.3 Malaysia Lobster Market Revenues & Volume, By American Lobster, 2021-2031F |
6.1.4 Malaysia Lobster Market Revenues & Volume, By Spiny Lobster, 2021-2031F |
6.1.5 Malaysia Lobster Market Revenues & Volume, By Rock Lobster, 2021-2031F |
6.1.6 Malaysia Lobster Market Revenues & Volume, By European Lobster, 2021-2031F |
6.2 Malaysia Lobster Market, By Weight |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Lobster Market Revenues & Volume, By 0.5 ?? 0.75 lbs, 2021-2031F |
6.2.3 Malaysia Lobster Market Revenues & Volume, By 0.76 ?? 3.0 lbs, 2021-2031F |
6.2.4 Malaysia Lobster Market Revenues & Volume, By Over 3 lbs, 2021-2031F |
6.3 Malaysia Lobster Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Lobster Market Revenues & Volume, By Whole Lobster, 2021-2031F |
6.3.3 Malaysia Lobster Market Revenues & Volume, By Lobster Tail, 2021-2031F |
6.3.4 Malaysia Lobster Market Revenues & Volume, By Lobster Meat, 2021-2031F |
6.3.5 Malaysia Lobster Market Revenues & Volume, By Lobster Claw, 2021-2031F |
6.4 Malaysia Lobster Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Lobster Market Revenues & Volume, By Food Service, 2021-2031F |
6.4.3 Malaysia Lobster Market Revenues & Volume, By Retail, 2021-2031F |
7 Malaysia Lobster Market Import-Export Trade Statistics |
7.1 Malaysia Lobster Market Export to Major Countries |
7.2 Malaysia Lobster Market Imports from Major Countries |
8 Malaysia Lobster Market Key Performance Indicators |
9 Malaysia Lobster Market - Opportunity Assessment |
9.1 Malaysia Lobster Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Malaysia Lobster Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.3 Malaysia Lobster Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Malaysia Lobster Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Malaysia Lobster Market - Competitive Landscape |
10.1 Malaysia Lobster Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Lobster Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |