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Global Shrimp Market: Breakup by Country: China, Vietnam, India, Indonesia, Ecuador, Thailand, Others; By Species:Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, Others; By Shrimp Size: Large Size, Medium Size, Small Size, Extra Small Size; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); Global Shrimp Price Analysis; Global Trade Data Analysis; SWOT Analysis; Value Chain Analysis; Setting Up a Shrimp Processing Plant; Capital Investment; Operating Expenditures; Project Economics; Competitive Landscape; 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 2014-2018, 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 2019 – 2024”, provides a comprehensive analysis for anyone who plans to foray into the shrimp market.

Shrimps Market Report & Forecast 2019-2024

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Historical market trends for the shrimp industry have been provided from 2014-2018 and forecasts have been presented till 2024. 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, Ocean More Foods Co., Limited, 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
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Shrimp Market: Industry Overview
    6.1    Figure: Global Shrimp Historical Market (2015-2019) & Forecast (2020-2025)
    6.2    Figure: Global Shrimp Market Breakup by Country: Historical Market (2015-2019) & Forecast (2020-2025)
        6.2.1    China
        6.2.2    Vietnam
        6.2.3    India
        6.2.4    Indonesia
        6.2.5    Ecuador
        6.2.6    Thailand
        6.2.7    Others
    6.3    Figure: Global Shrimp Market Breakup by Species: Historical Market (2015-2019) & Forecast (2020-2025)
        6.3.1    Penaeus Vannamei
        6.3.2    Penaeus Monodon
        6.3.3    Macrobrachium Rosenbergii
        6.3.4    Others
    6.4    Figure: Global Shrimp Market Breakup by Shrimp Size: Historical Market (2015-2019) & Forecast (2020-2025) 
        6.4.1    Large Size
        6.4.2    Medium Size
        6.4.3    Small Size
        6.4.4    Extra Small Size
7    Global Shrimp Price Analysis
    7.1    North America Shrimp Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.2    Europe Shrimp Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.3    India Shrimp Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.4    China Shrimp Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.5    Vietnam Shrimp Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.6    Ecuador Shrimp Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.7    Middle East and Africa Shrimp Historical Price Trend (2015-2019) and Forecast (2020-2025)
8    Global Trade Data Analysis
    8.1    Major Exporting Countries: by Value and Volume
    8.2    Major Importing Countries: by Value and Volume
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porter’s Five Forces Analysis

    11.1    Overview
    11.2    Buyer’s Power
    11.3    Supplier’s Power
    11.4    New Entrants
    11.5    Degree of Rivalry
    11.6    Substitutes
12    Setting Up a Shrimp Processing Plant
    12.1    Key Success and Risk Factors for Processing Shrimp
    12.2    Products Manufactured: Introduction and Specification
    12.3    Process Involved
    12.4    Process Flow
    12.5    Raw Material Requirements and Mass Balance
13    Capital Investment
    13.1    Land Requirements and Investment
    13.2    Construction Requirements and Investment
    13.3    Machinery Requirements and Investment
    13.4    Other Capital Requirements and Investment
14    Operating Expenditures
    14.1    Raw Material Requirements and Expenditures
    14.2    Packaging Requirements and Costs
    14.3    Labour Requirements and Costs
    14.4    Transportation Requirements and Costs
    14.5    Utility Requirements and Costs
    14.6    Financial Support
    14.7    Other Operating Expenditures
15    Project Economics
    15.1    Techno-Economic Parameters
    15.2    Product Pricing and Margins
    15.3    Income Projections
    15.4    Expenditure Projections
    15.5    Taxation
    15.6    Depreciation
    15.7    Financial Analysis
16    Competitive Landscape
    16.1    Mazzetta Company, LLC
        16.1.1    Company Overview
        16.1.2    Financial Analysis
    16.2    Ma Yo Foods Co., Ltd
        16.2.1    Company Overview
        16.2.2    Financial Analysis
    16.3    United European Seafood Traders Ltd
        16.3.1    Company Overview
        16.3.2    Financial Analysis
    16.4    Carson and Co.
        16.4.1    Company Overview
        16.4.2    Financial Analysis
    16.5    Seaprimexco Vietnam
        16.5.1    Company Overview
        16.5.2    Financial Analysis
    16.6    A B Golden Seafood
        16.6.1    Company Overview
        16.6.2    Financial Analysis
    16.7    Ocean More Foods Co., Limited
        16.7.1    Company Overview
        16.7.2    Financial Analysis
    16.8    Afentoulis Liveris & Co.
        16.8.1    Company Overview
        16.8.2    Financial Analysis
    16.9    Midseas Corp
        16.9.1    Company Overview
        16.9.2    Financial Analysis
    16.10    Grand Ocean Seafoods Co., Ltd
        16.10.1    Company Overview
        16.10.2    Financial Analysis
    16.11    Sealicious Foods Co., Ltd
        16.11.1    Company Overview
        16.11.2    Financial Analysis
    16.12    Charoen Pokphand Foods PCL
        16.12.1    Company Overview
        16.12.2    Financial Analysis
    16.13    Others
17    Events and Developments

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