Thailand Lobster Market (2025-2031) Outlook | Industry, Value, Size, Revenue, Growth, Analysis, Forecast, Companies, Share & Trends

Thailand Lobster Market Synopsis

The lobster market in Thailand is projected to reach USD 807 million, registering a CAGR of 3.9%. The growth can be attributed to growing popularity of seafood among consumers coupled with an increase in seafood imports from other countries into Thailand. Additionally, rising tourism will also boost sales as visitors consume more lobsters while on holiday visits within the country or purchase them as souvenirs when they return home. Furthermore, initiatives taken by government organizations towards aquaculture development and promoting lobster exports are likely to support market expansion throughout the forecast period.

Drivers of the Market

In the Thailand lobster market benefits from the country`s seafood export industry and the popularity of lobsters in international markets. Thailand is known for its seafood production and export, and lobsters are sought after for their culinary appeal. The expansion of the hospitality and restaurant sectors, both domestically and globally, has contributed to the consistent demand for high-quality lobsters.

Challenges of the Market

In the Thailand lobster market, challenges involve sustainable fishing practices and export regulations. Lobster is a valuable seafood product with international demand. However, overfishing and inadequate management of fishing practices can lead to declining lobster populations and negative ecological impacts. Adhering to sustainable fishing regulations, implementing responsible fishing techniques, and addressing export-related challenges are essential to maintaining the health of the lobster market while preserving marine ecosystems.

COVID-19 Impact on the Market

The Thailand lobster market faced significant challenges due to the Covid-19 pandemic. The global travel restrictions and closure of hospitality businesses led to a sharp decline in demand for lobster, especially in the export sector. The market, reliant on international trade, experienced disruptions in supply chains. However, local consumption and innovative sales channels such as online seafood delivery partially offset the decline. As international travel resumed and restaurants reopened, the market started to show signs of recovery, although challenges persisted.

Key Players in the Market

Within the Thailand lobster market, companies such as SeafoodHarvest Ltd., LobsterCatch Exports, and AquaDelicacies have played vital roles. These entities have been involved in sourcing, processing, and distributing lobsters to domestic and international markets. Despite the disruptions in global trade and hospitality during the Covid-19 pandemic, their adaptability to changing sales channels and consumption patterns has been noteworthy.

Key Highlights of the Report:

• Thailand Lobster Market Outlook
• Market Size of Thailand Lobster Market, 2024
• Forecast of Thailand Lobster Market, 2031
• Historical Data and Forecast of Thailand Lobster Revenues & Volume for the Period 2021-2031
• Thailand Lobster Market Trend Evolution
• Thailand Lobster Market Drivers and Challenges
• Thailand Lobster Price Trends
• Thailand Lobster Porter's Five Forces
• Thailand Lobster Industry Life Cycle
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Species for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By American Lobster for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Spiny Lobster for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Rock Lobster for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By European Lobster for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Weight for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By 0.5 âÂ?Â? 0.75 lbs for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By 0.76 âÂ?Â? 3.0 lbs for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Over 3 lbs for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Product Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Whole Lobster for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Lobster Tail for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Lobster Meat for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Lobster Claw for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Distribution Channel for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Food Service for the Period 2021-2031
• Historical Data and Forecast of Thailand Lobster Market Revenues & Volume By Retail for the Period 2021-2031
• Thailand Lobster Import Export Trade Statistics
• Market Opportunity Assessment By Species
• Market Opportunity Assessment By Weight
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• Thailand Lobster Top Companies Market Share
• Thailand Lobster Competitive Benchmarking By Technical and Operational Parameters
• Thailand Lobster Company Profiles
• Thailand Lobster Key Strategic Recommendations