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Global Shrimp Market: By Type: Wild Shrimp, Farmed Shrimp; By Species: Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii; By Shrimp Size; By Category; By Distribution Channel: Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

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 2016-2020, 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 2021 – 2026”, provides a comprehensive analysis for anyone who plans to foray into the shrimp market.

 

Global Shrimp Market Report and Forecast 2021-2026

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Historical market trends for the shrimp industry have been provided from 2016-2020 and forecasts have been presented till 2026. 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, Ma Yo Foods Co., Ltd, United European Seafood Traders Ltd, Carson and Co., Seaprimexco Vietnam, A B Golden Seafood, Nordic Seafood A/S, Afentoulis Liveris & Co., Midseas Corp, Grand Ocean Seafoods Co., Ltd, Sealicious Foods Co., Ltd, and Charoen Pokphand Foods PCL, among others.

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.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Shrimp Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Shrimp Historical Market (2016-2020) 
    8.3    Global Shrimp Market Forecast (2021-2026)
    8.4    Global Shrimp Market by Type
        8.4.1    Wild Shrimp
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Farmed Shrimp
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Shrimp Market by Species
        8.5.1    Penaeus Vannamei
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Penaeus Monodon
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Macrobrachium Rosenbergii
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Shrimp Market by Shrimp Size
        8.6.1    Size 41-50 
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Size 51-60 
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Size 31-40 
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Size >70 
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Size 61-70 
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Size 26-30 
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2016-2020)
            8.6.6.3    Forecast Trend (2021-2026)
        8.6.7    Size 21-25 
            8.6.7.1    Market Share
            8.6.7.2    Historical Trend (2016-2020)
            8.6.7.3    Forecast Trend (2021-2026)
        8.6.8    Size <21 
            8.6.8.1    Market Share
            8.6.8.2    Historical Trend (2016-2020)
            8.6.8.3    Forecast Trend (2021-2026)
    8.7    Global Shrimp Market by Category
        8.7.1    Peeled
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Shell-on
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Cooked
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Breaded
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Others
    8.8    Global Shrimp Market by Distribution Channel
        8.8.1    Hypermarkets and Supermarkets
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2016-2020)
            8.8.1.3    Forecast Trend (2021-2026)
        8.8.2    Convenience Stores
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2016-2020)
            8.8.2.3    Forecast Trend (2021-2026)
        8.8.3    Hotels and Restaurants
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2016-2020)
            8.8.3.3    Forecast Trend (2021-2026)
        8.8.4    Online
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2016-2020)
            8.8.4.3    Forecast Trend (2021-2026)
        8.8.5    Others
    8.9    Global Shrimp Production by Region
        8.9.1    China
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2016-2020)
            8.9.1.3    Forecast Trend (2021-2026)
        8.9.2    India
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2016-2020)
            8.9.2.3    Forecast Trend (2021-2026)
        8.9.3    Indonesia
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2016-2020)
            8.9.3.3    Forecast Trend (2021-2026)
        8.9.4    Vietnam
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2016-2020)
            8.9.4.3    Forecast Trend (2021-2026)
        8.9.5    Ecuador
            8.9.5.1    Market Share
            8.9.5.2    Historical Trend (2016-2020)
            8.9.5.3    Forecast Trend (2021-2026)
        8.9.6    Others
    8.10    Global Shrimp Consumption by Region
        8.10.1    China
            8.10.1.1    Market Share
            8.10.1.2    Historical Trend (2016-2020)
            8.10.1.3    Forecast Trend (2021-2026)
        8.10.2    United States
            8.10.2.1    Market Share
            8.10.2.2    Historical Trend (2016-2020)
            8.10.2.3    Forecast Trend (2021-2026)
        8.10.3    Europe
            8.10.3.1    Market Share
            8.10.3.2    Historical Trend (2016-2020)
            8.10.3.3    Forecast Trend (2021-2026)
        8.10.4    Japan
            8.10.4.1    Market Share
            8.10.4.2    Historical Trend (2016-2020)
            8.10.4.3    Forecast Trend (2021-2026)
        8.10.5    Others
9    Market Dynamics
    9.1    SWOT Analysis
        9.1.1    Strengths
        9.1.2    Weaknesses
        9.1.3    Opportunities
        9.1.4    Threats
    9.2    Porter’s Five Forces Analysis
        9.2.1    Supplier’s Power
        9.2.2    Buyers Power
        9.2.3    Threat of New Entrants
        9.2.4    Degree of Rivalry
        9.2.5    Threat of Substitutes
    9.3    EMR’s Key Indicators for Demand
    9.4    EMR’s Key Indicators for Price
10    Value Chain Analysis
11    Trade Data Analysis

    11.1    Major Importing Countries
        11.1.1    By Volume
        11.1.2    By Value
    11.2    Major Exporting Countries
        11.2.1    By Volume
        11.2.2    By Value
12    Price Analysis
13    Shrimp Processing

    13.1    Product Overview
    13.2    Detailed Process Flow
    13.3    Various Types of Unit Operations Involved
    13.4    Mass Balance and Raw Material Requirements
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Mazzetta Company, LLC
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Apex Frozen Foods Ltd.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Seaprimexco Vietnam
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Liveris Afentoulis & Co.
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Grand Ocean Seafoods Co., Ltd
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Charoen Pokphand Foods PCL
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Grupo Ibérica Congelados, S.A
            14.2.7.1    Company Overview
            14.2.7.2    Product Portfolio
            14.2.7.3    Demographic Reach and Achievements
            14.2.7.4    Certifications
        14.2.8    Nordic Seafood A/S
            14.2.8.1    Company Overview
            14.2.8.2    Product Portfolio
            14.2.8.3    Demographic Reach and Achievements
            14.2.8.4    Certifications
        14.2.9    Others
15    Industry Events and Developments


List of Figures and Tables

1.    Global Shrimp Market: Key Industry Highlights, 2016 and 2026
2.    Global Shrimp Historical Market: Breakup by Shrimp Type (Million Tons), 2016-2020
3.    Global Shrimp Market Forecast: Breakup by Shrimp Type (Million Tons), 2021-2026
4.    Global Shrimp Historical Market: Breakup by Species (Million Tons), 2016-2020
5.    Global Shrimp Market Forecast: Breakup by Species (Million Tons), 2021-2026
6.    Global Shrimp Historical Market: Breakup by Shrimp Size (Million Tons), 2016-2020
7.    Global Shrimp Market Forecast: Breakup by Shrimp Size (Million Tons), 2021-2026
8.    Global Shrimp Historical Market: Breakup by Category (Million Tons), 2016-2020
9.    Global Shrimp Market Forecast: Breakup by Category (Million Tons), 2021-2026
10.    Global Shrimp Historical Market: Breakup by Distribution Channel Category (Million Tons), 2016-2020
11.    Global Shrimp Market Forecast: Breakup by Distribution Channel (Million Tons), 2021-2026
12.    Global Shrimp Historical Production: Breakup by Region (Million Tons), 2016-2020
13.    Global Shrimp Production Forecast: Breakup by Region (Million Tons), 2021-2026
14.    Global Shrimp Historical Consumption: Breakup by Region (Million Tons), 2016-2020
15.    Global Shrimp Consumption Forecast: Breakup by Region (Million Tons), 2021-2026
16.    Major Exporting Countries by Value
17.    Major Importing Countries by Value
18.    Major Exporting Countries by Volume
19.    Major Importing Countries by Volume
20.    Shrimp Historical Price Trends and Forecast 2016-2026
21.    Global Shrimp Market Structure

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