Product Code: MCP24578
Global Dried Scallops Market to Reach US$378.4 Million by 2030
The global market for Dried Scallops estimated at US$306.5 Million in the year 2023, is expected to reach US$378.4 Million by 2030, growing at a CAGR of 3.1% over the analysis period 2023-2030. Individual End-Use, one of the segments analyzed in the report, is expected to record a 3.1% CAGR and reach US$271.0 Million by the end of the analysis period. Growth in the Commercial End-Use segment is estimated at 2.8% CAGR over the analysis period.
The U.S. Market is Estimated at US$80.6 Million While China is Forecast to Grow at 3.0% CAGR
The Dried Scallops market in the U.S. is estimated at US$80.6 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$61.0 Million by the year 2030 trailing a CAGR of 3.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.9% and 2.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Global Dried Scallops Market - Key Trends and Drivers Summarized
What Are the Unique Attributes of Dried Scallops That Drive Market Demand?
Dried scallops, also known as "conpoy," are a premium seafood product prized for their rich umami flavor and long shelf life. They are widely used in East Asian cuisines, particularly in Chinese, Japanese, and Korean dishes, where they are often added to soups, stews, and sauces to impart a deep, savory flavor. The drying process intensifies the scallop's natural taste and preserves the seafood, making it a popular ingredient in both everyday meals and gourmet dishes. Dried scallops are available in various sizes, with larger scallops typically commanding higher prices due to their superior flavor and texture. As a luxury food item, they are commonly used in festive or special occasion meals, especially during cultural celebrations like the Lunar New Year.
How Are Changing Consumer Preferences Impacting the Dried Scallops Market?
The global demand for dried scallops is rising in part due to evolving consumer preferences toward premium, gourmet foods, and health-conscious diets. Dried scallops are low in fat, high in protein, and rich in essential nutrients like omega-3 fatty acids, making them an attractive option for consumers seeking nutritious yet indulgent food choices. As more consumers gravitate toward foods with perceived health benefits, the nutritional profile of dried scallops has positioned them as a key player in the high-end seafood market. The market has also seen increased interest in sustainable seafood options, and many suppliers of dried scallops are responding by offering sustainably harvested products, further aligning with the growing demand for ethical and eco-conscious food sources.
How Are Technological and Distribution Advancements Shaping the Market?
Technological advancements in drying and preservation techniques have helped improve the quality and shelf life of dried scallops, making them more accessible to a global audience. Innovations such as vacuum drying and freeze-drying processes ensure that the scallops retain their nutritional content and flavor while extending their marketability beyond local or regional markets. E-commerce platforms have also played a pivotal role in expanding the global reach of dried scallops, allowing consumers to access a wider variety of options from different countries. With the rise of online grocery shopping and gourmet food delivery services, dried scallops have become more readily available to a broader range of consumers, increasing market penetration.
What Factors Are Driving the Growth in the Dried Scallops Market?
The growth in the dried scallops market is driven by several factors, including the rising demand for gourmet and premium seafood products, particularly in Asia-Pacific markets. The increasing awareness of the health benefits associated with seafood consumption, such as high protein and omega-3 content, is also a key driver. The expansion of e-commerce and digital platforms has improved access to dried scallops, allowing consumers worldwide to explore and purchase these products more easily. Additionally, innovations in drying and packaging technologies have enhanced the quality and shelf life of dried scallops, making them more appealing to international markets. Sustainable seafood practices and certifications are gaining importance, further boosting demand for ethically sourced dried scallops.
Select Competitors (Total 36 Featured) -
- Chung Chou City, Inc.
- Daiichi Co., Ltd.
- Golden Sea Inc.
- Gyoren Hokko
- Hannaford Supermarkets
- Hk Jebn Limited
- Hsu's Ginseng Ent., Inc.
- Japacle LLC
- Lund's Fisheries, Inc.
- Nestlady Inc.
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Dried Scallops - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Rising Popularity of Asian Cuisines Propels Demand for Dried Scallops
- Expansion of Global Seafood Trade Strengthens Business Case for Dried Scallop Exports
- Growing Focus on High-Protein Diets Spurs Demand for Nutrient-Dense Seafood Products
- Increasing Consumer Preference for Premium, Sustainable Seafood Drives Market Growth
- Technological Advancements in Drying Processes Strengthen Product Quality and Shelf Life
- Increased Focus on Traceability and Supply Chain Transparency Drives Adoption of Certified Dried Scallops
- Rising Health Consciousness Generates Demand for Natural, Preservative-Free Seafood Snacks
- Expansion of Gourmet and Specialty Food Markets Drives Growth in Dried Scallop Sales
- Increasing Focus on Ethical Sourcing and Sustainable Fishing Practices Spurs Market Growth
- Rising Popularity of Snackable Seafood Products Sustains Demand for Ready-to-Eat Dried Scallops
- Expansion of International Distribution Channels Generates Opportunities for Global Market Penetration
- Growing Trend Towards Convenience Foods Drives Adoption of Pre-Packaged Dried Scallops
- Rising Interest in Functional Foods and Marine-Derived Nutraceuticals Expands Use of Dried Scallops
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Dried Scallops Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Dried Scallops by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 3: World Historic Review for Dried Scallops by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 4: World 16-Year Perspective for Dried Scallops by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Individual End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 6: World Historic Review for Individual End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 7: World 16-Year Perspective for Individual End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for Commercial End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 9: World Historic Review for Commercial End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 10: World 16-Year Perspective for Commercial End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Dried Scallops Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 11: USA Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 12: USA Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 13: USA 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- CANADA
- TABLE 14: Canada Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 15: Canada Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 16: Canada 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- JAPAN
- Dried Scallops Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 17: Japan Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 18: Japan Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 19: Japan 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- CHINA
- Dried Scallops Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 20: China Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 21: China Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 22: China 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- EUROPE
- Dried Scallops Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 23: Europe Recent Past, Current & Future Analysis for Dried Scallops by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 24: Europe Historic Review for Dried Scallops by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 25: Europe 16-Year Perspective for Dried Scallops by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
- TABLE 26: Europe Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 27: Europe Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 28: Europe 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- FRANCE
- Dried Scallops Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 29: France Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 30: France Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 31: France 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- GERMANY
- Dried Scallops Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 32: Germany Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 33: Germany Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 34: Germany 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- ITALY
- TABLE 35: Italy Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 36: Italy Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 37: Italy 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- UNITED KINGDOM
- Dried Scallops Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 38: UK Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 39: UK Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 40: UK 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- REST OF EUROPE
- TABLE 41: Rest of Europe Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 42: Rest of Europe Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 43: Rest of Europe 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- ASIA-PACIFIC
- Dried Scallops Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 44: Asia-Pacific Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 45: Asia-Pacific Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 46: Asia-Pacific 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
- REST OF WORLD
- TABLE 47: Rest of World Recent Past, Current & Future Analysis for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- TABLE 48: Rest of World Historic Review for Dried Scallops by End-Use - Individual End-Use and Commercial End-Use Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- TABLE 49: Rest of World 16-Year Perspective for Dried Scallops by End-Use - Percentage Breakdown of Value Sales for Individual End-Use and Commercial End-Use for the Years 2014, 2024 & 2030
IV. COMPETITION