The global caviar market demand stood at USD 854.0 million in 2018.Furthermore, the market is anticipated to showcase a remarkable growth with a CAGR of 9.8% by the end of 2025. Caviar is regarded as among the priciest delicacies which is obtained from sturgeon species. Strong brand reputation of the product is the key factor to drive the caviar demand over the forecast period.

Caviar is originated from the roe or eggs of the sturgeon species. Sturgeon species were mainly found in the territories of Eurasia and Mediterranean. The product has gained popularity of being a priced delicacy owing to rare presence of sturgeon species as well as its unique taste. Caviar is known for its lightly salted taste which gives unique flavor of Fresh Ocean. Specific species such as beluga, stellate and Russian sturgeon are considered as the most unique and hence most expensive species.

Caviar is popularly used as an appetizer, spread or garnish across several dishes. It is widely adopted in the European and North American cuisine. Growing purchasing power of consumers around the world is among the major key factor which has propelled the demand caviar. Consumer inclination for luxury food products has propelled the demand for caviar in the household segment. An ongoing trend for dining out culture along with increasing popularity of international cuisine is fueling the demand for such foods. These factors are projected to propel the caviar demand over the forecast period.

Caviar is regarded as one of the most priced animal foods owing to which the price of the product is considerably high. Therefore, this delicacy is affordable mainly by the elite class. This factor has led to the adoption of substitutes of caviar such as lumpfish roe, vendace caviar, soy pearls, faux caviar which are projected to act as an impediment to the caviar industry growth. Apart from this, illegal trading of caviar across the globe is also hampering the market growth to full scale. Although stringent regulations by CITES have lowered illegal threat up to a large extent, illegal trading and selling of caviar is still prevalent across some parts.

Key segments of the global caviar market

Fish type Overview, 2015-2025 (USD Million) (Tons)

Acipenser Baerii caviar

Acipenser Transmontanus caviar

Acipenser Transmontanus caviar

Others

Product Type Overview, 2015-2025 (USD Million) (Tons)

Malossol caviar

Salted caviar

Pressed caviar

Pasteurized caviar

End-use Overview, 2015-2025 (USD Million) (Tons)

Commercial

Household

Others

Regional Overview, 2015-2025 (USD Million) (Tons)

North America US

Europe Germany UK Rest of Europe

Asia Pacific China Japan Rest of Asia Pacific

Central & South America

Middle East & Africa

Reasons for the study

The purpose of this market research study is to give an in-depth outlook of the caviar industry

We have been analyzing various trends pertaining to the caviar industry in the last few years, especially salted caviar demand, which has recently been on the rise in Europe and North America

Stringent regulations for caviar culture and breeding has brought significant changes in the industry for quite some time, even though demand is on the rise

Shift in consumer behavior for adopting high end products, especially in developing countries is also a key factor to augment the demand for caviar over coming years

What does the report include?

The global caviar market study is inclusive of various qualitative trends that have impacted the market growth of caviar recently

The report includes key trends such as drivers, limitations, and opportunities, along with an import-export overview depicting international trade scenario

Industry analysis and evaluation has been done using value chain and Porter’s Five Forces’ analysis tools

Global market has been classified on the basis of fish type, product type, end-use, and region. The market categorization has been drilled down further at the country level for each of the regions.

Actual market sizing and forecast figures have been provided for the industry segments mentioned above

Business overview and recent developments for key players have been covered under the company profiles section of the report

Who should buy this report?

Key buyers of this report include:

Industry participants and investors who are interested in understanding current and future market growth of the caviar sector