Caviar in the EU is a delicacy that was invented around the year 1591. During its inception it was reserved solely for royalty. Caviar refers to salted roe, or eggs, of the Acipenseridae family. Surprisingly to some, the first caviar was harvested in the United States and then shipped to Europe. Since then, the caviar business has of course transformed and Europe is still enjoying the refined taste of caviar.
As of the year 2020, the European caviar market for caviar was steadily growing in size. The global caviar market size was USD 276.2 million as of the year 2018. The top players in the caviar market in Europe specifically are the following brands: Kaluga Queen, California caviar company business, Sterling Caviar, Agroittica Lombarda, Coastal Bay Seafood, Avori caviar company , American Pearl caviar company, and Russian Caviar House. These brands have seen exponential growth in the caviar market and are not expected to stop anytime soon. Needless to say, the European market includes many different individual markets as are categorized by nation. While one type of caviar in the EU may be popular in Italy, yet another may be more popular in France. Spain also has its leading caviar business and Germany, perhaps surprisingly, leads the caviar market in Europe. In this cold country, the warmth of this salty roe is much appreciated. France sells the second most EU caviar in Europe only to Germany. The United Kingdom comes in as a close third in the European caviar industry.
In terms of forecasting the caviar market for coming years, it is important to understand the benefits of caviar. The delicacy is so well-liked not just for its reputation, but also because of its inherent benefits. Rich in Vitamins B12, A, and D, it is truly fit for royalty. The consistency is buttery and fortified with salty flavor. The taste is distinct and lingers in the mouth. It is high in cholesterol, as well, which only supports the case for its undeniable deliciousness. As a reputable symbol of luxury in dining, it can be used a centerpiece for business dealings. Caviar for business lends an heir of refinement. The food can be served at very special occasions, such as weddings and bar mitzvahs. There is great concern among the general public in Europe as to the nutritional integrity of available foods. Caviar brands offer a nutritionally rich alternative to standard grocery options. The European public also has a high spending ability in comparison to the general population of many other nations. This leads consumers to seek luxurious alternatives to standard dining options, as there is the financial ability to do so. Caviar is a product that the consumer finds is entertaining to indulge in. Additionally, restaurants find benefit when they buy caviar in Europe. The majority of caviar brands consumed are consumed in restaurants, as little under seventy five percent of caviar was purchased by restaurants and only little over twenty five percent was purchased by head of household in 2018, according to Grand View Research. This highlights the benefit that caviar has not only nutritionally, but as a means of culinary novelty for the consumer.
The European caviar business has been steadily increasing since the year 2010. From 2010 to 2016, the amount of caviar imported to the European Union increased by about seventy five tons, according to the European Market Observatory for Fisheries and Aquaculture Products. This is likely due to the popularity of the delicacy. Exports increased exponentially in these years, as well, demonstrating that in the EU, there is a great fondness for caviar delicacies.