Shrimp Market Report and Forecast 2017–2022


Shrimps are crustaceans and belong to the large group of arthropods. Like most seafood, shrimps are consumed for their nutritional and health benefits as they are a unique source of antioxidant and anti-inflammatory carotenoid nutrient astaxanthin. There is a huge demand for fresh as well as frozen shrimps in the global market. During 2009-2016, the global shrimp production market grew at a CAGR of around 3%. The market is currently being driven by a high nutritional value of shrimps along with an increasing demand for cosmopolitan food. This report by Expert Market Research, entitled “Shrimp Market Report and Forecast 2017 – 2022”, provides a comprehensive analysis for anyone who plans to foray into the shrimp market.

Historical market trends for the shrimp industry have been provided from 2009-2016 and forecasts have been presented till 2022. On a regional level, Asia currently represents the largest market, with China leading in shrimp production followed by Vietnam, India and Indonesia. On the basis of species type, the global shrimp market has been segmented as Penaeus Vannamei (or White-leg shrimp), Penaeus Monodon (or Black Tiger Shrimp), Macrobrachium Rosenbergii and others. For each of the species, the report has provided both historical and future market trends. Additionally, the report has analyzed the global shrimp market on the basis of its size. Currently, the market is moving towards the production of smaller shrimp sizes (51-60 and smaller) since 2010. This shift to smaller shrimp has been driven by narrowing price margins between the small sizes and the larger counts.

The value chain analysis of shrimp processing, encompassing all the activities such as procurement, manufacturing, sales and distribution, has also been covered in this report.  Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analyzing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the shrimp industry has also been provided. Some of the key players in this market include Mazzetta Company, LLC, Carson and Co., Ma Yo Foods Co., United European Seafood Traders, Ltd, etc.

This report provides an exhaustive insight for setting-up and running a shrimp processing plant. Factors such as land requirement, construction requirement, raw material requirement, labor requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.

The following are the key questions answered by this report:

  • What are the market trends for the global shrimp market?
  • Which are the biggest markets (regions) for shrimp?
  • What are the major types of shrimp? Which are the most popular?
  • Who are the key processors in the shrimp market?
  • What are the land and construction requirements to start a shrimp processing plant?
  • What are the machinery requirements to start a shrimp processing plant?
  • How are shrimp priced? What are the profit margins at various stages of the supply chain?
  • What is the total capital investment required to start a shrimp processing plant?
  • What are the running costs of a shrimp processing plant?
  • How much revenue can a shrimp processing plant generate?

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the shrimp industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.

Chapter 1    Preface
    1.1    Research Methodology and Market Definition
    1.2    Introduction
    1.3    Report Summary
Chapter 2    Global Shrimp Market: Industry Overview
    2.1    Key Factors Driving the Shrimp Industry
    2.2    Market Trends
    2.3    Market Breakup by Country
        2.3.1    China
        2.3.2    Vietnam
        2.3.3    India
        2.3.4    Indonesia
        2.3.5    Ecuador
        2.3.6    Thailand
        2.3.7    Others
    2.4    Market Breakup by Species
        2.4.1    Penaeus Vannamei
        2.4.2    Penaeus Monodon
        2.4.3    Macrobrachium Rosenbergii
        2.4.4    Others
    2.5    Market Breakup by Shrimp Size
        2.5.1    Large Size
        2.5.2    Medium Size
        2.5.3    Small Size
        2.5.4    Extra Small Size
    2.6    Value Chain Analysis
    2.7    Imports and Exports
    2.8    Market Outlook
Chapter 3    India Shrimp Market: Industry Overview
    3.1    Key Factors Driving the Indian Shrimp Industry
    3.2    Market Trends
    3.3    Area under Shrimp Cultivation
    3.4    Market Breakup by Species
        3.4.1    Penaeus Monodon Specie (Black Tiger Shrimp)
        3.4.2    Penaeus Vannamei Specie (White-Leg Shrimp)
        3.4.3    Others
    3.5    Market Breakup by States
        3.5.1    Andhra Pradesh
        3.5.2    West Bengal
            3.5.2.1    Penaeus Monodon (Black Tiger Shrimp) Market
            3.5.2.2    Penaeus Vannamei (White-Leg Shrimp) Market
        3.5.3    Tamil Nadu & Pondicherry
        3.5.4    Gujarat
        3.5.5    Orissa
        3.5.6    Maharashtra
        3.5.7    Kerala
        3.5.8    Karnataka
        3.5.9    Goa
        3.5.10    Others
   3.6    SWOT Analysis
        3.6.1    Strengths
        3.6.2    Weaknesses
        3.6.3    Opportunities
        3.6.4    Threats
    3.7    Value Chain Analysis
    3.8    Imports and Exports
    3.9    Market Outlook
Chapter 4    Porters Five Forces Analysis
    4.1    Bargaining Power of Suppliers
    4.2    Bargaining Power of Buyers
    4.3    Threat of New Entrants
    4.4    Threat of Substitutes
    4.5    Degree of Competition
Chapter 5    Competitive Landscape
    5.1    Competitive Structure
    5.2    Market Breakup by Key Players
    5.3    Key Player Profiles
        5.3.1    Mazzetta Company, LLC
        5.3.2    Ma Yo Foods Co., Ltd
        5.3.3    United European Seafood Traders Ltd
        5.3.4    Carson and Co.
        5.3.5    Seaprimexco Vietnam
        5.3.6    A B Golden Seafood
        5.3.7    Ocean More Foods Co., Limited
        5.3.8    Afentoulis Liveris & Co.
        5.3.9    Midseas Corp
        5.3.10    Grand Ocean Seafoods Co., Ltd
        5.3.11    Sealicious Foods Co., Ltd
Chapter 6    Setting Up a Shrimp Processing Plant
    6.1    Key Success and Risk Factors for Processing Shrimp
    6.2    Products Manufactured: Introduction and Specification
    6.3    Process Involved
    6.4    Process Flow
    6.5    Raw Material Requirements and Mass Balance
Chapter 7    Capital Investment
    7.1    Land Requirements and Investment
    7.2    Construction Requirements and Investment
    7.3    Machinery Requirements and Investment
    7.4    Other Capital Requirements and Investment
Chapter 8    Operating Expenditures
    8.1    Raw Material Requirements and Expenditures
    8.2    Packaging Requirements and Costs
    8.3    Labour Requirements and Costs
    8.4    Transportation Requirements and Costs
    8.5    Utility Requirements and Costs
    8.6    Financial Support
    8.7    Other Operating Expenditures
Chapter 9    Project Economics
    9.1    Techno-Economic Parameters
    9.2    Product Pricing and Margins
    9.3    Income Projections
    9.4    Expenditure Projections
    9.5    Taxation
    9.6    Depreciation
    9.7    Financial Analysis

List of Figures

Figure 2 1: Global Shrimp Market: Production Volume Trend (in Million Tons), 2009-2016
Figure 2 2: Global Shrimp Market: Production Volume Breakup by Country (in %), 2016
Figure 2 3: Global Shrimp Market: Production Volume Breakup by Species (in %), 2016
Figure 2 4: Global Shrimp Market: Production Volume Breakup by Size (in %), 2016
Figure 2 5: Global Shrimp Market: Value Chain Analysis
Figure 2 6: Global Shrimp Market: Import Volume Breakup by Country (in %), 2016
Figure 2 7: Global Shrimp Market: Import Volume Breakup by Processed Shrimp Type (in %), 2016
Figure 2 8: Global Shrimp Market: Export Volume Breakup by Country (in %), 2016
Figure 2 9: Global Shrimp Market Forecast: Production Volume (in Million Tons), 2017-2022
Figure 3 1: India Shrimp Market: Production Volume Trend (in Million Tons), 2009-2016
Figure 3 2: India Shrimp Market: Area under Shrimp Cultivation (in Million Hectares), 2009-2016
Figure 3 3: India Shrimp Market: Production Volume Breakup by Species (in %), 2016
Figure 3 4: India Shrimp Market: Black Tiger Shrimp: Production Volume Breakup by States (in %), 2016
Figure 3 5: India Shrimp Market: White-Leg Shrimp: Production Volume Breakup by States (in %), 2016
Figure 3 6: India Shrimp Market: Production Volume Breakup by States (in %), 2016
Figure 3 7: India Shrimp Market: Value Chain Analysis
Figure 3 8: India Seafood Market: Export Share of Frozen Shrimp (in %), 2016
Figure 3 9: India Shrimp Market: Export Volume Breakup by Country (in %), 2016
Figure 3 10: India Shrimp Market: Frozen Shrimp: Export Volume Breakup by Country (in %), 2016
Figure 3 11: India Shrimp Market Forecast: Production Volume (in Million Tons), 2017-2022
Figure 5 1: Global Shrimp Market: Market Breakup by Key Players (in %), 2016
Figure 6 1: Shrimp Processing Plant: Various Types of Unit Operations Involved
Figure 6 2: Shrimp Processing Plant: Conversion Rate of Feedstocks
Figure 7 1: Shrimp Processing Plant: Breakup of Capital Costs (in %)
Figure 8 1: Shrimp Processing Plant: Cooked Shrimp Packaging
Figure 8 2: Shrimp Processing Plant: Shrimp-Meal Packaging
Figure 9 1: Shrimp Processing Plant: Breakup of Operating Costs (in %)
 
List of Tables

Table 2 1: Global Shrimp Market: Import Volume of Major Countries (in Million Tons), 2016
Table 2 2: Global Shrimp Market: Export Volume of Major Countries (in Million Tons), 2016
Table 3 1: India Shrimp Market: Area under Aquaculture Production: Breakup by States
Table 3 2: India Shrimp Market: West Bengal: Area under Culture and Production, 2009 - 2016
Table 3 3: India Shrimp Market: West Bengal: Black Tiger Shrimp: Area under Culture and Production, 2009- 2016
Table 3 4: India Shrimp Market: West Bengal: White-Leg Shrimp: Area under Culture and Production, 2009- 2016
Table 3 5: India Shrimp Market: Export Volume of Major Countries (in Million Tons), 2016
Table 3 6: India Shrimp Market: Frozen Shrimp: Export Volumes and Values, 2008 - 2016
Table 6 1: Global Shrimp Farming: History Characterized by Diseases
Table 7 1: Shrimp Processing Plant: Capital Costs (in USD)
Table 7 2: Shrimp Processing Plant: Land Requirements and Costs (in USD)
Table 7 3: Shrimp Processing Plant: Construction Requirements and Costs (in USD)
Table 7 4: Shrimp Processing Plant: Machinery Requirements and Costs (in USD)
Table 7 5: Shrimp Processing Plant: Other Capital Costs (in USD)
Table 8 1: Shrimp Processing Plant: Raw Material Requirements and Costs (in Tons/Year)
Table 8 2: Shrimp Processing Plant: Labour Requirements and Costs in the First Year (in USD)
Table 8 3: Shrimp Processing Plant: Labour Requirements and Costs in the Second Year (in USD)
Table 8 4: Shrimp Processing Plant: Labour Requirements and Costs in the Third Year (in USD)
Table 8 5: Shrimp Processing Plant: Utility Requirements and Costs (in USD)
Table 8 6: Overview of Financial Support
Table 9 1: Shrimp Processing Plant: Various Techno-Economic Parameters
Table 9 2: Shrimp Processing Plant: Income Projections (in USD)
Table 9 3: Shrimp Processing Plant: Expenditure Projections (in USD)
Table 9 4: Shrimp Processing Plant: Cash Flow Analysis (Without Considering Taxes)
Table 9 5: Shrimp Processing Plant: Cash Flow Analysis (On Considering Taxes)

Enquire Before Buying

Special Prices

    EMR provides special pricing for:

  • Academic Institutes
  • Government Agencies
  • Nonprofit Organizations
  • For more information, feel free to contact us.



* We value your privacy and will never rent or sell your email address.

Privacy policy


Related Reports

  Shrimp Market Report and Forecast 2017–2022

Shrimp Market Report and Forecast 2017–2022

  Pulses Market Report and Forecast 2017–2022

Pulses are part of the legume family and the term “pulse” means dried seeds. As they are low in fat and very high in fiber and protein, they help to lower triglycerides and cholesterol levels. The...

  Cocoa Processing Market Report and Forecast 2017-2022

This report by Expert Market Research entitled “Cocoa Processing Market Report and Forecast 2017-2022” provides a comprehensive analysis for anyone who plans to foray into the cocoa processing ind...

  Vegetable Oil Market Report and Forecast 2017-2022

This report by Expert Market Research entitled “Vegetable Oil Market Report and Forecast 2017-2022” provides a comprehensive analysis for anyone who plans to foray in the vegetable oil market.

  Vinegar Market Report and Forecast 2017 – 2022

During 2009-2016, the global vinegar market grew at a CAGR of around 2.1%. The market is currently being driven by an increasing demand in domestic, medical and industrial applications. Although the f...

Have any queries or concern?

USA - Canada: +1-415-325-5166

UK: +44-702-402-5790

Email: sales@expertmarketresearch.com