Product Code: ETC408456 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
United Arab Emirates (UAE) Sea Cucumber market currently, in 2023, has witnessed an HHI of 7294, Which has increased moderately as compared to the HHI of 5150 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The UAE sea cucumber market showcases the country`s penchant for exploring the depths of the ocean for culinary treasures. Sea cucumbers, revered in Asian cuisine for their delicate taste and purported health benefits, are a prized commodity in the market. With stringent quality controls in place, consumers can trust that the sea cucumbers available are of the highest quality.
The UAE sea cucumber market is buoyed by its traditional use in Emirati and Asian cuisine and a growing interest in seafood diversity. Sea cucumber is believed to have health benefits, including improving joint health and immunity, which has attracted health-conscious consumers. However, sustainable harvesting practices are becoming more important to maintain the population of this marine species.
The UAE sea cucumber market is marked by its delicate balance between harvest and habitat preservation. Sustainable practices and responsible management are paramount to safeguarding this marine resource for future generations.
The UAE sea cucumber market grapples with several hurdles, primarily related to sustainability and regulatory issues. Sea cucumber populations are vulnerable to overfishing, and many species are protected under international agreements. This necessitates stringent regulations on harvesting and trade, making it challenging for businesses to source sea cucumbers legally and sustainably. Additionally, there is a lack of awareness among consumers about the nutritional and medicinal value of sea cucumbers, which can hinder market growth.
The UAE sea cucumber market is characterized by an increasing demand for this delicacy. Leading suppliers include companies like Dubai Fishermen Cooperative Association and Al Qudwa Foodstuff Trading. As the UAE continues to emphasize sustainability in seafood production, these companies are playing a vital role in meeting consumer demands for high-quality sea cucumbers.