The market for caviar - Germany

1.1 Scope of the study

Caviar is a luxury delicacy made from the eggs of sturgeon. The market for caviar has experienced growth in recent years as demand for high-quality food and exclusive culinary experiences has increased. Caviar is made from the eggs of sturgeon and is known for its delicacy and unparalleled flavor.

Caviar production is dominated by China and has been steadily increasing, driven by new demand from emerging markets. Globally, the caviar market is expected to grow at a CAGR (compound annual growth rate) of 7.63% by 2030. The Covid-19 pandemic had a postive impact on the growth of this industry.

At the European level, the main producing countries are Italy, France, Germany, Poland, and Bulgaria, while Spain is an important place for consumption. Consumption in Spain is estimated at between 9 and 10 million tons per year and comes mostly from imports. Portugal is the main country from which Spain imports its caviar, followed by China and Germany. Italy dominates the European domestic trade with almost half of the market volume(48%), while Germany is second, accounting for 14% of the total, followed by France with 12% of the intra-European trade.

One of the biggest challenges of the caviar market is the overfishing of sturgeon populations, leading to a decrease in availability and an increase in prices. At the same time, however, the growing trend towards luxury gastronomy offers opportunities for new suppliers and the development of alternatives such as fish roe

In our study, we will provide you with more trends, the competitive situation in the market and the market structures.