Caviar Market Growing Globally, Despite US Controls on Wild Sturgeon Caviar
Caviar is one of the smaller seafood specialty markets that don't get a lot of analysis. We asked Ashley Seifer, Seafood Category Manager for Baldor Specialty Foods, to give us an update.
Her report is below:
Market prices for caviar have been under considerable pressure ever since 2005, when the US government banned the importation of Beluga caviar, a prized sturgeon roe that’s been overfished to the point of endangered status.
In response to this, sturgeon farms have begun popping-up in the US, and while the industry is still in its infancy, it’s introduced additional product to the market fulfilling some of the demand and placing a check on runaway pricing.
It’s a market reality, there’s always going to be economic pressures...
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