Latin America Caviar Market is expected to be worth USD 0.06 billion in 2024 and estimated to be growing at a CAGR of 10.53%, to reach USD 0.10 billion by 2029.
Caviar is an expensive delicacy is made by sieving and salting large fish roe of the Acipenseridae family. The roe can be fresh or pasteurized which has a grainy texture and it is usually served as an appetizer, garnish or spread. In many countries, caviar is also used to describe the roe of other fish such as salmon, trout, steelhead, lumpfish, carp, whitefish, and other species of sturgeon. It is extremely perishable and must be refrigerated at once after getting the eggs from the fish.
There are many types of caviar such as Sterlet, Beluga, American osetra, Kaluga hybrid, Ossetra, Sevruga and Siberian sturgeon. It is storage of the adult daily requirement of vitamin B12, rich source of vitamins A and D, high in cholesterol and salt. Commercial caviar production involved in the stunning of the fish and extracting the ovaries. It has the consistency of butter that melts in your mouth and leaves a taste of fresh ocean. With the major decline of their numbers in the Caspian Sea, sevruga and osetra are being farm-raised in ponds in Latin America.
Health benefits of caviar like increase in blood flow, presence of selenium which works as an antioxidant with vitamin E, high vitamin and nutritional elements, makes body in tone and also increases the level of haemoglobin, increases the body's tolerance to alcohol, growing health awareness, used as toppings for pancakes or eggs, increase in disposable income and technology advancements are driving the growth of the Latin America caviar market. However, lack of awareness and limited number of skilled professionals are hampering the growth of the market.
This Research Report on Latin America Caviar Market is segmented and sub segmented into following categories
Latin America Caviar Market By Product Type
Based on the product type, the market is segmented into Acipenser Baerii Caviar, Acipenser Gueldenstaedtii Caviar, Acipenser Transmontanus Caviar, Acipenser Hybrid Caviar and others.
Latin America Caviar Market By Application
On the basis of application, the market is segmented into restaurants, household and others. Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia, which are also intensifying their investments in this market.
KEY PLAYERS IN LATIN AMERICA CAVIAR MARKET
Key players the Latin America Caviar Market are Kaluga Queen, California Caviar Company, Sterling Caviar, Agroittica Lombarda, Coastal Bay Seafoods, Avori Caviar, American Pearl Caviar and Russian Caviar House.
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