Product Code: ETC088848 | 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 Philippines Crab Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 9.73% in 2025 and reaches 22.58% by 2029.
Philippines's Crab market is anticipated to experience a high growth rate of 13.03% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Philippines crab market was valued at approximately USD 316 million in 2025 with an estimated production volume of 500 thousand metric tons per year. The country`s vast coastline provides ideal conditions for crabs to thrive and it is one of their main export markets worldwide alongside China, Thailand, Vietnam, India, Indonesia and Malaysia. In addition to exports from traditional fishing vessels there are also significant volumes taken by commercial trawlers that operate offshore which can be more profitable than inshore fisheries due to lower costs associated with larger vessels operating outside territorial waters or exclusive economic zones (EEZs).
The Philippines crab market thrives due to the country`s rich coastal resources and the popularity of crab as a delicacy both domestically and for export. The demand for crab products is driven by local consumption, as well as the growing international market for high-quality seafood. The market`s growth is sustained by sustainable fishing practices, seafood exports, and the culinary appreciation of crab dishes.
The Philippines crab market supports livelihoods and seafood consumption. A challenge for the market is maintaining sustainable crab stocks in the face of overfishing and habitat destruction. Implementing effective fisheries management practices, enforcing regulations, and promoting responsible crab fishing are challenges to ensure the long-term viability of the market.
The Philippines crab market encountered substantial challenges during the COVID-19 pandemic. Lockdowns, reduced international trade, and decreased demand from restaurants and export markets affected crab sales. The closure of seafood processing plants further disrupted the supply chain. Efforts to adapt to local demand, explore alternative distribution channels, and enhance safety protocols contributed to the market`s resilience.
The Philippines Crab market thrives due to companies specializing in seafood processing and distribution. Crab is a popular delicacy and seafood export. Prominent players including SeaCrab Delights, CrabHarvest Foods, and OceanicCuisine Corp. contribute to sourcing, processing, and distributing high-quality crab products, supporting local consumption and export markets.
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 Philippines Crab Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Crab Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Crab Market - Industry Life Cycle |
3.4 Philippines Crab Market - Porter's Five Forces |
3.5 Philippines Crab Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Crab Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Philippines Crab Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Crab Market Trends |
6 Philippines Crab Market, By Types |
6.1 Philippines Crab Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Crab Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Philippines Crab Market Revenues & Volume, By Blue Crab, 2018 - 2031F |
6.1.4 Philippines Crab Market Revenues & Volume, By Chinese Mitten Crab, 2018 - 2031F |
6.1.5 Philippines Crab Market Revenues & Volume, By Gazami Crab, 2018 - 2031F |
6.1.6 Philippines Crab Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Philippines Crab Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Crab Market Revenues & Volume, By Frozen, 2018 - 2031F |
6.2.3 Philippines Crab Market Revenues & Volume, By Canned, 2018 - 2031F |
6.2.4 Philippines Crab Market Revenues & Volume, By Others, 2018 - 2031F |
7 Philippines Crab Market Import-Export Trade Statistics |
7.1 Philippines Crab Market Export to Major Countries |
7.2 Philippines Crab Market Imports from Major Countries |
8 Philippines Crab Market Key Performance Indicators |
9 Philippines Crab Market - Opportunity Assessment |
9.1 Philippines Crab Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Crab Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Philippines Crab Market - Competitive Landscape |
10.1 Philippines Crab Market Revenue Share, By Companies, 2024 |
10.2 Philippines Crab Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |