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Global Shrimp Market Size, Share, Growth, Trends, Outlook: By Type: Wild Shrimp, Farmed Shrimp; By Species: Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, Others; By Product Category: Peeled, Shell-on, Cooked, Breaded, Others; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Shrimp Market Analysis
8.1 Key Industry Highlights
8.2 Global Shrimp Historical Market (2018-2023)
8.3 Global Shrimp Market Forecast (2024-2032)
8.4 Global Shrimp Market by Type
8.4.1 Wild Shrimp
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Farmed Shrimp
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Shrimp Market by Species
8.5.1 Penaeus Vannamei
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Penaeus Monodon
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Macrobrachium Rosenbergii
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Shrimp Market by Product Category
8.6.1 Peeled
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Shell-on
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Cooked
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Breaded
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Shrimp Market by Distribution Channel
8.7.1 Hypermarkets and Supermarkets
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Convenience Stores
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Hotels and Restaurants
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Online
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Shrimp Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Shrimp Market Analysis
9.1 Market by Type
9.2 Market by Species
9.3 Market by Product Category
9.4 Market by Distribution Channel
9.5 Market by Country
9.5.1 United States of America
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Canada
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
10 Europe Shrimp Market Analysis
10.1 Market by Type
10.2 Market by Species
10.3 Market by Product Category
10.4 Market by Distribution Channel
10.5 Market by Country
10.5.1 United Kingdom
10.5.1.1 Historical Trend (2018-2023)
10.5.1.2 Forecast Trend (2024-2032)
10.5.2 Germany
10.5.2.1 Historical Trend (2018-2023)
10.5.2.2 Forecast Trend (2024-2032)
10.5.3 France
10.5.3.1 Historical Trend (2018-2023)
10.5.3.2 Forecast Trend (2024-2032)
10.5.4 Italy
10.5.4.1 Historical Trend (2018-2023)
10.5.4.2 Forecast Trend (2024-2032)
10.5.5 Others
11 Asia Pacific Shrimp Market Analysis
11.1 Market by Type
11.2 Market by Species
11.3 Market by Product Category
11.4 Market by Distribution Channel
11.5 Market by Country
11.5.1 China
11.5.1.1 Historical Trend (2018-2023)
11.5.1.2 Forecast Trend (2024-2032)
11.5.2 Japan
11.5.2.1 Historical Trend (2018-2023)
11.5.2.2 Forecast Trend (2024-2032)
11.5.3 India
11.5.3.1 Historical Trend (2018-2023)
11.5.3.2 Forecast Trend (2024-2032)
11.5.4 ASEAN
11.5.4.1 Historical Trend (2018-2023)
11.5.4.2 Forecast Trend (2024-2032)
11.5.5 South Korea
11.5.5.1 Historical Trend (2018-2023)
11.5.5.2 Forecast Trend (2024-2032)
11.5.6 Australia
11.5.6.1 Historical Trend (2018-2023)
11.5.6.2 Forecast Trend (2024-2032)
11.5.7 Others
12 Latin America Shrimp Market Analysis
12.1 Market by Type
12.2 Market by Species
12.3 Market by Product Category
12.4 Market by Distribution Channel
12.5 Market by Country
12.5.1 Brazil
12.5.1.1 Historical Trend (2018-2023)
12.5.1.2 Forecast Trend (2024-2032)
12.5.2 Argentina
12.5.2.1 Historical Trend (2018-2023)
12.5.2.2 Forecast Trend (2024-2032)
12.5.3 Mexico
12.5.3.1 Historical Trend (2018-2023)
12.5.3.2 Forecast Trend (2024-2032)
12.5.4 Others
13 Middle East and Africa Shrimp Market Analysis
13.1 Market by Type
13.2 Market by Species
13.3 Market by Product Category
13.4 Market by Distribution Channel
13.5 Market by Country
13.5.1 Saudi Arabia
13.5.1.1 Historical Trend (2018-2023)
13.5.1.2 Forecast Trend (2024-2032)
13.5.2 United Arab Emirates
13.5.2.1 Historical Trend (2018-2023)
13.5.2.2 Forecast Trend (2024-2032)
13.5.3 Nigeria
13.5.3.1 Historical Trend (2018-2023)
13.5.3.2 Forecast Trend (2024-2032)
13.5.4 South Africa
13.5.4.1 Historical Trend (2018-2023)
13.5.4.2 Forecast Trend (2024-2032)
13.5.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Shrimp Processing
18.1 Product Overview
18.2 Detailed Process Flow
18.3 Various Types of Unit Operations Involved
18.4 Mass Balance and Raw Material Requirements
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 Mazzetta Company, LLC
19.2.1.1 Company Overview
19.2.1.2 Product Portfolio
19.2.1.3 Demographic Reach and Achievements
19.2.1.4 Certifications
19.2.2 Apex Frozen Foods Ltd.
19.2.2.1 Company Overview
19.2.2.2 Product Portfolio
19.2.2.3 Demographic Reach and Achievements
19.2.2.4 Certifications
19.2.3 Seaprimexco Vietnam
19.2.3.1 Company Overview
19.2.3.2 Product Portfolio
19.2.3.3 Demographic Reach and Achievements
19.2.3.4 Certifications
19.2.4 Liveris Afentoulis & Co.
19.2.4.1 Company Overview
19.2.4.2 Product Portfolio
19.2.4.3 Demographic Reach and Achievements
19.2.4.4 Certifications
19.2.5 Grand Ocean Seafoods Co., Ltd
19.2.5.1 Company Overview
19.2.5.2 Product Portfolio
19.2.5.3 Demographic Reach and Achievements
19.2.5.4 Certifications
19.2.6 Charoen Pokphand Foods PCL
19.2.6.1 Company Overview
19.2.6.2 Product Portfolio
19.2.6.3 Demographic Reach and Achievements
19.2.6.4 Certifications
19.2.7 Grupo Iberica Congelados, S.A
19.2.7.1 Company Overview
19.2.7.2 Product Portfolio
19.2.7.3 Demographic Reach and Achievements
19.2.7.4 Certifications
19.2.8 Ocean More Foods Co., Limited
19.2.8.1 Company Overview
19.2.8.2 Product Portfolio
19.2.8.3 Demographic Reach and Achievements
19.2.8.4 Certifications
19.2.9 Aqua Star
19.2.9.1 Company Overview
19.2.9.2 Product Portfolio
19.2.9.3 Demographic Reach and Achievements
19.2.9.4 Certifications
19.2.10 Pacific Seafood
19.2.10.1 Company Overview
19.2.10.2 Product Portfolio
19.2.10.3 Demographic Reach and Achievements
19.2.10.4 Certifications
19.2.11 Santa Priscila
19.2.11.1 Company Overview
19.2.11.2 Product Portfolio
19.2.11.3 Demographic Reach and Achievements
19.2.11.4 Certifications
19.2.12 Thai Union Group PCL
19.2.12.1 Company Overview
19.2.12.2 Product Portfolio
19.2.12.3 Demographic Reach and Achievements
19.2.12.4 Certifications
19.2.13 Others
20 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Shrimp Market: Key Industry Highlights, 2018 and 2032
2. Global Shrimp Historical Market: Breakup by Type (MMT), 2018-2023
3. Global Shrimp Market Forecast: Breakup by Type (MMT), 2024-2032
4. Global Shrimp Historical Market: Breakup by Source (MMT), 2018-2023
5. Global Shrimp Market Forecast: Breakup by Source (MMT), 2024-2032
6. Global Shrimp Historical Market: Breakup by Product Category (MMT), 2018-2023
7. Global Shrimp Market Forecast: Breakup by Product Category (MMT), 2024-2032
8. Global Shrimp Historical Market: Breakup by End-Use (MMT), 2018-2023
9. Global Shrimp Market Forecast: Breakup by End-Use (MMT), 2024-2032
10. Global Shrimp Historical Market: Breakup by Distribution Channel (MMT), 2018-2023
11. Global Shrimp Market Forecast: Breakup by Distribution Channel (MMT), 2024-2032
12. Global Shrimp Historical Market: Breakup by Region (MMT), 2018-2023
13. Global Shrimp Market Forecast: Breakup by Region (MMT), 2024-2032
14. North America Shrimp Historical Market: Breakup by Country (MMT), 2018-2023
15. North America Shrimp Market Forecast: Breakup by Country (MMT), 2024-2032
16. Europe Shrimp Historical Market: Breakup by Country (MMT), 2018-2023
17. Europe Shrimp Market Forecast: Breakup by Country (MMT), 2024-2032
18. Asia Pacific Shrimp Historical Market: Breakup by Country (MMT), 2018-2023
19. Asia Pacific Shrimp Market Forecast: Breakup by Country (MMT), 2024-2032
20. Latin America Shrimp Historical Market: Breakup by Country (MMT), 2018-2023
21. Latin America Shrimp Market Forecast: Breakup by Country (MMT), 2024-2032
22. Middle East and Africa Shrimp Historical Market: Breakup by Country (MMT), 2018-2023
23. Middle East and Africa Shrimp Market Forecast: Breakup by Country (MMT), 2024-2032
24. Major Importing Countries by Volume
25. Major Exporting Countries by Volume
26. Major Importing Countries by Value
27. Major Exporting Countries by Value
28. North America Historical Price Trends and Forecast 2018-2028
29. Europe Historical Price Trends and Forecast 2018-2028
30. Asia Pacific Historical Price Trends and Forecast 2018-2028
31. Latin America Historical Price Trends and Forecast 2018-2028
32. Middle East and Africa Historical Price Trends and Forecast 2018-2028
33. Global Shrimp Market Structure
Key Questions Answered in the Report
In 2023, the global market for shrimp attained a volume of 7.60 million tons.
The market is projected to grow at a CAGR of 6.30% between 2024 and 2032.
The shrimp market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach 13.16 million tons by 2032.
The key drivers for the market include rising population, increasing demand from the food industry, growing disposable incomes, and the escalating demand for frozen shrimp products.
The rising health consciousness among the consumers and the growing awareness about the nutritious content of shrimp are the key trends in the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major species in the market are Penaeus Vannamei, Penaeus Monodon, and Macrobrachium Rosenbergii, among others.
The animal's shell is made of chitin, a thin yet stiff exoskeleton material. They do not belong to the family of fish because they lack an inner skeleton. They belong to the same family as crabs and lobsters and have ten legs.
Prawns and shrimp are very different animals. While both shrimp and prawns are decapods, or animals with 10 legs and an external skeleton, shrimp belong to the Pleocyemata suborder and prawns to the Dendrobranchiata suborder.
The major players in the market are Mazzetta Company, LLC, Apex Frozen Foods Ltd., Seaprimexco Vietnam, Liveris Afentoulis & Co., Grand Ocean Seafoods Co., Ltd, Charoen Pokphand Foods PCL, Grupo Iberica Congelados, S.A, Ocean More Foods Co., Limited, Aqua Star, Pacific Seafood, Santa Priscila, and Thai Union Group PCL, among others.
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