Market Size of Caviar Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 372.99 Million |
| Market Size (2029) | USD 547.03 Million |
| CAGR (2024 - 2029) | 7.96 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Caviar Market Analysis
The Caviar Market size is estimated at USD 372.99 million in 2024, and is expected to reach USD 547.03 million by 2029, growing at a CAGR of 7.96% during the forecast period (2024-2029).
The COVID19 crisis has significantly affected the caviar market. Consumers preferred healthy food and a healthy diet rather than chemically composed foods. This was because the consumers were focused on maintaining good health to avoid the effect of the virus on them. Meanwhile, the United Nations firm Sterling Caviar, one of the major players in this industry, said its sales were up 10% in 2021. In the United Kingdom, one of the two producers, Exmoor Caviar, sold out of all its stock at the end of 2020.
Consumers' growing interest in healthy and nutritious foods is increasing the demand for caviar; this is due to the fact that the consumption of caviar has several health benefits, which is also fueling the market.
The government initiatives for increasing caviar production are one of the major factors driving the market significantly.
