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Shrimp Market By Species (Vannamei [Whiteleg Shrimp], Trachipenaeus curvirostris, Pleoticus muelleri [Argentine Red Shrimp], Acetes japonicus, Others); By Source (Wild, Aquaculture); By Form (Green/Head-off, Green/Head-on, Peeled, Breaded, Others); By Distribution Channel (Convenience Stores, Specialty Stores, Online, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Name: Shrimp Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2025-10-07
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Global Shrimp Market

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Market Overview

The Shrimp Market size was valued at USD 62,122.95 million in 2023 and is projected to reach USD 100,925.54 million by 2032, growing at a CAGR of 5.51% during the forecast period.

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Shrimp Market Size 2023	USD 62,122.95 million
Shrimp Market, CAGR	5.51%
Shrimp Market Size 2032	USD 100,925.54 million

The shrimp market is led by major players such as Thai Union Group PCL, Clearwater Seafoods, Avanti Feeds Limited, High Liner Foods, Surapon Foods Public Company Limited, Mazzetta Company, Aqua Star, Nordic Seafood A/S, The Waterbase Limited, and Wild Ocean Direct. These companies dominate through large-scale aquaculture operations, advanced processing facilities, and strong export capabilities. Asia-Pacific leads the global shrimp market with approximately 46% share in 2024, supported by extensive aquaculture in India, China, Vietnam, and Thailand. Europe follows with around 25%, driven by demand for certified and premium shrimp products, while North America, holding 21%, remains a key importer and consumer of frozen and processed shrimp products.

Shrimp Market size

Market Insights

The global shrimp market was valued at USD 62,122.95 million in 2023 and is projected to reach USD 100,925.54 million by 2032, growing at a CAGR of 5.51%.
Rising global demand for protein-rich seafood and expanding aquaculture practices are key drivers boosting shrimp production and consumption.
Value-added and ready-to-eat shrimp products are gaining traction, supported by improved cold-chain logistics and growing retail penetration worldwide.
Leading players such as Thai Union Group, Avanti Feeds, and High Liner Foods dominate through sustainable farming, automation, and traceable supply chains.
Asia-Pacific leads with 46% share due to strong aquaculture infrastructure, followed by Europe at 25% and North America at 21%; vannamei shrimp holds the largest segment share at around 52%, driven by high yield and export suitability.

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Market Segmentation Analysis:

By Species

The vannamei (Whiteleg Shrimp) segment dominated the shrimp market in 2024, accounting for nearly 52% of the total share. Its dominance is driven by rapid growth rates, adaptability to various salinity levels, and high yield efficiency. Vannamei shrimp farming requires less feed and offers consistent quality, making it the preferred choice for export markets. Countries like India, Ecuador, and Vietnam have expanded intensive vannamei aquaculture operations to meet global demand. Rising consumption of protein-rich seafood and favorable breeding conditions further reinforce the leadership of this species in the global shrimp trade.

For instance, India produced approximately 565,082 metric tons of vannamei shrimp in 2024 for export, with a total production closer to 700,000–850,000 metric tons. Intensive farms in Andhra Pradesh, a leading producing state, achieve average yields between 5 and 10 tons per hectare per year, though yields vary greatly depending on farming practices and conditions.

By Source

The aquaculture segment held the largest market share of around 78% in 2024. Growth is fueled by controlled breeding practices, predictable output, and reduced reliance on wild catches. Technological improvements in water filtration, feed optimization, and disease management have made aquaculture more sustainable and profitable. Major producers such as Thailand and China have invested heavily in eco-friendly shrimp farms to meet export standards. Increasing global focus on traceability and sustainability, coupled with government incentives for inland shrimp farming, continues to boost aquaculture’s dominance over wild-caught shrimp production.

For instance, China’s annual farmed shrimp production was closer to 1.66 million metric tons in 2024. The country’s aquaculture industry, which did use recirculating aquaculture systems (RAS) along with other intensive farming methods, faced an oversupply situation in 2024 that kept production from increasing significantly over previous years.

By Form

The peeled shrimp segment led the market in 2024, representing about 38% of the total share. Its popularity stems from convenience, longer shelf life, and suitability for ready-to-cook and frozen food products. Growing demand from the hospitality and foodservice sectors supports steady growth. The expansion of processed seafood facilities in regions like Southeast Asia and Latin America has further improved peeled shrimp supply capacity. Rising consumer preference for value-added seafood and frozen meal kits drives continued demand for peeled and processed shrimp forms globally.

Key Growth Drivers

Rising Global Demand for Protein-Rich Seafood

The increasing global preference for high-protein, low-fat diets is a major driver for the shrimp market. Consumers in North America, Europe, and Asia-Pacific are shifting toward seafood-based protein due to health awareness and changing dietary habits. Shrimp, being rich in omega-3 fatty acids and essential nutrients, is a top choice for fitness-conscious and aging populations. Expanding urbanization and rising disposable incomes further enhance shrimp consumption in ready-to-eat and restaurant segments. Global seafood trade liberalization and improved cold-chain logistics have made shrimp more accessible, boosting imports in markets such as Japan, the U.S., and the EU.

For instance, in 2024, the National Fisheries Institute (U.S.) confirmed that shrimp remained the most consumed seafood in the U.S. in 2022, with annual per capita intake reaching 5.50 pounds (about 2.5 kg) based on data compiled in 2023 or 2024.

Expansion of Sustainable Aquaculture Practices

Sustainable aquaculture has become central to the shrimp industry’s long-term growth. The adoption of recirculating aquaculture systems (RAS) and biofloc technology allows for efficient water reuse, minimal waste, and controlled production. Governments and private investors are supporting eco-certified shrimp farming to meet international sustainability standards. Producers in Ecuador, India, and Indonesia are focusing on traceability and antibiotic-free production to maintain global competitiveness. Certifications from organizations like ASC and BAP are driving demand from environmentally conscious consumers. These sustainable operations not only reduce ecological impact but also stabilize supply chains, ensuring consistent production volumes and export quality.

For instance, India’s ICAR-CIBA demonstrated biofloc shrimp farming systems that reduce water exchange by 90% while maintaining yields of 25 tons per hectare.

Technological Advancements in Processing and Distribution

Advancements in automation, cold storage, and logistics are transforming shrimp processing and distribution. Smart packaging technologies are extending product shelf life, while automated grading and peeling systems increase efficiency. Improved freezing and vacuum-sealing techniques preserve shrimp freshness during long-distance transport. Companies are also investing in digital traceability platforms to enhance transparency and compliance with import regulations. These innovations lower operational costs and support large-scale export operations, particularly from Asia-Pacific. The development of value-added shrimp products, including marinated and ready-to-cook varieties, further expands market reach and supports consistent year-round demand globally.

Key Trends & Opportunities

Rising Popularity of Value-Added and Ready-to-Eat Shrimp Products

Changing lifestyles and a growing preference for convenience food are creating opportunities in value-added shrimp segments. Pre-cooked, breaded, and marinated shrimp are gaining popularity in retail and foodservice channels. Quick-freeze technologies and efficient packaging have improved product quality, making them more appealing to consumers. Companies such as Thai Union and Minh Phu Seafood are expanding processed shrimp portfolios to cater to Western markets. The rising penetration of e-commerce and organized retail further boosts product visibility, driving sales in both developed and emerging economies.

For instance, in 2024, Thai Union Group reported strong overall financial performance and solid organic growth across its core categories, including value-added products. Like many of its products, the company’s Chicken of the Sea frozen shrimp line features ready-to-eat and oven-baked variants and targets U.S. consumers.

Emergence of Eco-Certified and Organic Shrimp Farming

Eco-certified and organic shrimp farming is emerging as a lucrative opportunity in the market. Certifications such as ASC, BAP, and GlobalG.A.P. are increasingly demanded by importers and retailers. These labels assure consumers of responsible sourcing and environmental protection. Organic shrimp production, free from antibiotics and synthetic additives, is gaining traction among premium buyers in Europe and North America. Governments and NGOs are promoting certification programs to ensure traceable and sustainable aquaculture. This shift creates a competitive edge for producers adopting green farming and helps secure access to high-value international markets.

Key Challenges

Disease Outbreaks and Biosecurity Risks

Disease outbreaks such as Early Mortality Syndrome (EMS) and White Spot Syndrome Virus (WSSV) remain serious challenges for shrimp farmers. These pathogens can cause large-scale production losses and trade restrictions. Inadequate farm management, poor water quality, and limited access to diagnostics worsen the problem. Developing countries with high shrimp production face difficulties maintaining biosecurity standards. Governments and research institutions are working on disease-resistant shrimp breeds and improved biosecurity protocols. However, high costs and inconsistent implementation continue to limit effectiveness, posing a persistent risk to production stability and global supply chains.

Price Volatility and Supply Chain Disruptions

Price fluctuations in shrimp markets often result from changing feed costs, weather impacts, and export restrictions. Extreme climate events such as El Niño can disrupt harvest cycles and reduce yields. Additionally, rising logistics costs and global trade tensions affect export profitability. Market players dependent on exports face risks from fluctuating currency rates and shifting import regulations. Supply disruptions during global crises, like pandemics, have highlighted vulnerabilities in distribution and cold-chain infrastructure. Building localized processing facilities and diversifying supply networks are critical to reducing dependency and maintaining market stability.

Regional Analysis

North America

North America accounted for around 21% of the global shrimp market share in 2024. The United States remains the dominant consumer, driven by high demand for frozen and ready-to-eat shrimp products. Strong retail and foodservice sectors, coupled with the popularity of seafood-based diets, sustain steady market growth. Imports from Latin American countries, particularly Ecuador and Mexico, fulfill much of the regional demand. The shift toward sustainably certified and traceable shrimp products is gaining traction, as consumers increasingly prefer responsibly sourced seafood. Investments in cold-chain infrastructure continue to enhance product availability across major distribution channels.

Europe

Europe held nearly 25% of the global shrimp market share in 2024. The region’s growth is supported by rising demand for high-quality, eco-certified, and organic shrimp. Countries like Spain, France, and the United Kingdom are key importers, primarily sourcing from India, Vietnam, and Ecuador. Consumers’ preference for low-fat, protein-rich seafood aligns with the expanding shrimp product range in retail and restaurants. Strict EU import regulations promote traceability and sustainable sourcing practices. Expansion of value-added products, such as breaded and marinated shrimp, has strengthened Europe’s role as a major consumption hub in global shrimp trade.

Asia-Pacific

Asia-Pacific dominated the shrimp market in 2024, holding approximately 46% of the total share. The region leads global shrimp production and exports, with India, China, Vietnam, and Thailand as major contributors. Favorable aquaculture conditions, lower production costs, and strong export-oriented infrastructure drive this dominance. Rapid population growth and dietary shifts toward seafood further boost domestic consumption. Governments in Southeast Asia are promoting sustainable aquaculture practices and disease management programs to maintain supply stability. Increasing investments in cold storage, feed technology, and automated farming systems continue to strengthen Asia-Pacific’s leadership in shrimp production and global exports.

Latin America

Latin America captured about 6% of the global shrimp market share in 2024. Ecuador is the region’s largest producer and exporter, supported by favorable coastal conditions and advanced aquaculture systems. Investments in sustainable farming and certifications have improved access to premium export markets like the U.S. and Europe. Shrimp farming expansion in Brazil and Mexico also contributes to regional growth. Rising demand for processed seafood and export diversification are key growth enablers. Government support for aquaculture innovation and digital monitoring systems is helping regional producers achieve higher yields and maintain competitive export standards.

Middle East & Africa

The Middle East & Africa accounted for around 2% of the global shrimp market share in 2024. Growth is primarily driven by increasing seafood imports in Gulf Cooperation Council (GCC) countries such as the UAE and Saudi Arabia. Rising disposable incomes, expanding retail networks, and the popularity of international cuisines fuel shrimp consumption. Limited local production due to climatic challenges has led to greater reliance on imports from Asia-Pacific and Latin America. Investments in aquaculture projects in countries like Oman and Egypt aim to enhance regional production capacity and reduce import dependency over time.

Market Segmentations:

By Species

Vannamei (Whiteleg Shrimp)
Trachipenaeus curvirostris
Pleoticus muelleri (Argentine Red Shrimp)
Acetes japonicus
Others

By Source

Wild
Aquaculture

By Form

Green/Head-off
Green/Head-on
Peeled
Breaded
Others

By Distribution Channel

Convenience Stores
Specialty Stores
Online
Others

By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- France
- Germany
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East
- GCC Countries
- Israel
- Turkey
- Rest of Middle East
Africa
- South Africa
- Egypt
- Rest of Africa

Competitive Landscape

The shrimp market is highly competitive, with leading companies focusing on sustainable sourcing, advanced aquaculture practices, and value-added product innovation to strengthen their global presence. Major players such as Thai Union Group PCL, Clearwater Seafoods, Avanti Feeds Limited, High Liner Foods, Surapon Foods Public Company Limited, Mazzetta Company, Aqua Star, Nordic Seafood A/S, The Waterbase Limited, and Wild Ocean Direct dominate both production and export segments. These companies invest heavily in processing automation, cold-chain logistics, and eco-certification to meet international quality standards. Strategic partnerships, capacity expansions, and vertical integration are common approaches to improve efficiency and profitability. Increasing demand for traceable and antibiotic-free shrimp is encouraging producers to adopt digital monitoring systems and sustainable feed solutions. Additionally, firms are leveraging global retail networks and e-commerce platforms to expand distribution, while innovation in ready-to-eat and frozen shrimp products continues to create differentiation in the competitive seafood industry.

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Key Player Analysis

Thai Union Group PCL
Clearwater Seafoods
Avanti Feeds Limited
High Liner Foods
Surapon Foods Public Company Limited
Mazzetta Company, LLC
Aqua Star
Nordic Seafood A/S
The Waterbase Limited
Wild Ocean Direct

Recent Developments

In March 2024, Clearwater Seafoods’ parent company Premium Brands Holdings Corporation announced it was poised to acquire a seafood business with CAD 40 million (USD 29.6 million) in sales. The acquisition was in the due diligence stage.
In March 2024, Avanti Feeds acquired the remaining 50.1% stake in Srivathsa Power Projects, a 17.2-megawatt natural gas-based power plant in Andhra Pradesh, India. This acquisition made Avanti Feeds the full owner of the power company.
In March 2024, High Liner Foods finalized a settlement agreement in legal proceedings against Mr. Brian Wynn related to the sale of Rubicon Resources, LLC. As part of the settlement, over 2.4 million shares of the company were cancelled.

Report Coverage

The research report offers an in-depth analysis based on Species, Source, Form, Distribution Channel and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The shrimp market will expand steadily driven by rising global seafood consumption.
Sustainable aquaculture practices will become central to long-term industry growth.
Demand for eco-certified and antibiotic-free shrimp will increase across major import regions.
Technological innovations will improve yield efficiency and disease control in shrimp farming.
Value-added and ready-to-eat shrimp products will see growing adoption in retail markets.
Digital traceability systems will enhance transparency across shrimp supply chains.
Asia-Pacific will maintain its leadership due to strong export capacity and production growth.
Europe will grow as a major market for premium and organic shrimp products.
Strategic mergers and partnerships will strengthen global distribution networks.
Climate resilience and biosecurity measures will define future shrimp farming sustainability.

CHAPTER NO. 1 : INTRODUCTION 25
1.1.1. Report Description 25
Purpose of the Report 25
USP & Key Offerings 25
1.1.2. Key Benefits for Stakeholders 25
1.1.3. Target Audience 26
1.1.4. Report Scope 26
1.1.5. Regional Scope 27
CHAPTER NO. 2 : EXECUTIVE SUMMARY 28
2.1. Shrimp Market Snapshot 28
2.1.1. Global Shrimp Market, 2018 – 2032 (Kilo Tons) (USD Million) 30
2.2. Insights from Primary Respondents 31
CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 32
3.1. Russia-Ukraine and Israel-Palestine War Impacts 32
CHAPTER NO. 4 : SHRIMP MARKET – INDUSTRY ANALYSIS 33
4.1. Introduction 33
4.2. Market Drivers 34
4.2.1. Driving Factor 1 Analysis 34
4.2.2. Driving Factor 2 Analysis 35
4.3. Market Restraints 36
4.3.1. Restraining Factor Analysis 36
4.4. Market Opportunities 37
4.4.1. Market Opportunity Analysis 37
4.5. Porter’s Five Forces Analysis 38
CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 39
5.1. Company Market Share Analysis – 2023 39
5.1.1. Global Shrimp Market: Company Market Share, by Volume, 2023 39
5.1.2. Global Shrimp Market: Company Market Share, by Revenue, 2023 40
5.1.3. Global Shrimp Market: Top 6 Company Market Share, by Revenue, 2023 40
5.1.4. Global Shrimp Market: Top 3 Company Market Share, by Revenue, 2023 40
5.2. Global Shrimp Market Company Volume Market Share, 2023 42
5.3. Global Shrimp Market Company Revenue Market Share, 2023 43
5.4. Company Assessment Metrics, 2023 44
5.4.1. Stars 44
5.4.2. Emerging Leaders 44
5.4.3. Pervasive Players 44
5.4.4. Participants 44
5.5. Start-ups /SMEs Assessment Metrics, 2023 44
5.5.1. Progressive Companies 44
5.5.2. Responsive Companies 44
5.5.3. Dynamic Companies 44
5.5.4. Starting Blocks 44
5.6. Strategic Developments 45
5.6.1. Acquisitions & Mergers 45
New Product Launch 45
Regional Expansion 45
5.7. Key Players Product Matrix 46
CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 47
6.1. PESTEL 47
6.1.1. Political Factors 47
6.1.2. Economic Factors 47
6.1.3. Social Factors 47
6.1.4. Technological Factors 47
6.1.5. Environmental Factors 47
6.1.6. Legal Factors 47
6.2. Adjacent Market Analysis 47
CHAPTER NO. 7 : SHRIMP MARKET – BY OTHERSSEGMENT ANALYSIS 48
7.1. Shrimp Market Overview, by OthersSegment 48
7.1.1. Shrimp Market Volume Share, By Species, 2023 & 2032 49
7.1.2. Shrimp Market Revenue Share, By Species, 2023 & 2032 49
7.1.3. Shrimp Market Attractiveness Analysis, By Species 50
7.1.4. Incremental Revenue Growth Opportunity, by Species, 2024 – 2032 50
7.1.5. Shrimp Market Revenue, By Species, 2018, 2023, 2027 & 2032 51
7.2. L. vannamei 52
7.2.1. Global L. vannamei Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 53
7.2.2. Global L. vannamei Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 53
7.3. Trachipenaeus curvirostris 54
7.3.1. Global Trachipenaeus curvirostris Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 55
7.3.2. Global Trachipenaeus curvirostris Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 55
7.4. Pleoticus muelleri 56
7.4.1. Global Pleoticus muelleri Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 57
7.4.2. Global Pleoticus muelleri Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 57
7.5. Acetes japonicus 58
7.5.1. Global Acetes japonicus Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 59
7.5.2. Global Acetes japonicus Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 59
7.6. Others 60
7.6.1. Global Others5 Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 61
7.6.2. Global Others5 Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 61
CHAPTER NO. 8 : SHRIMP MARKET – BY SOURCE SEGMENT ANALYSIS 62
8.1. Shrimp Market Overview, by Source Segment 62
8.1.1. Shrimp Market Volume Share, By Source, 2023 & 2032 63
8.1.2. Shrimp Market Revenue Share, By Source, 2023 & 2032 63
8.1.3. Shrimp Market Attractiveness Analysis, By Source 64
8.1.4. Incremental Revenue Growth Opportunity, by Source, 2024 – 2032 64
8.1.5. Shrimp Market Revenue, By Source, 2018, 2023, 2027 & 2032 65
8.2. Wild 66
8.2.1. Global Wild Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 67
8.2.2. Global Wild Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 67
8.3. Aquaculture 68
8.3.1. Global Aquaculture Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 69
8.3.2. Global Aquaculture Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 69
CHAPTER NO. 9 : SHRIMP MARKET – BY FORM SEGMENT ANALYSIS 70
9.1. Shrimp Market Overview, by Form Segment 70
9.1.1. Shrimp Market Volume Share, By Form, 2023 & 2032 71
9.1.2. Shrimp Market Revenue Share, By Form, 2023 & 2032 71
9.1.3. Shrimp Market Attractiveness Analysis, By Form 72
9.1.4. Incremental Revenue Growth Opportunity, by Form, 2024 – 2032 72
9.1.5. Shrimp Market Revenue, By Form, 2018, 2023, 2027 & 2032 73
9.2. Green/ Head-off 74
9.2.1. Global Green/ Head-off Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 75
9.2.2. Global Green/ Head-off Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 75
9.3. Green/ Head-on 76
9.3.1. Global Green/ Head-on Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 77
9.3.2. Global Green/ Head-on Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 77
9.4. Peeled 78
9.5. Global Peeled Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 79
9.6. Global Peeled Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 79
9.7. Breaded 80
9.7.1. Global Breaded Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 81
9.7.2. Global Breaded Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 81
9.8. Others 82
9.8.1. Global Others Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 83
9.8.2. Global Others Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 83
CHAPTER NO. 10 : SHRIMP MARKET – BY DISTRIBUTION CHANNEL SEGMENT ANALYSIS 84
10.1. Shrimp Market Overview, by Distribution Channel Segment 84
10.1.1. Shrimp Market Volume Share, By Distribution Channel, 2023 & 2032 85
10.1.2. Shrimp Market Revenue Share, By Distribution Channel, 2023 & 2032 85
10.1.3. Shrimp Market Attractiveness Analysis, By Distribution Channel 86
10.1.4. Incremental Revenue Growth Opportunity, by Distribution Channel, 2024 – 2032 86
10.1.5. Shrimp Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 87
10.2. Hypermarkets & Supermarkets 88
10.2.1. Global Hypermarkets & Supermarkets Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 89
10.2.2. Global Hypermarkets & Supermarkets Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 90
10.3. Convenience Stores 91
10.3.1. Global Convenience Stores Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 92
10.3.2. Global Convenience Stores Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 93
10.4. Specialty Stores 94
10.4.1. Global Specialty Stores Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 95
10.4.2. Global Specialty Stores Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 96
10.5. Online 97
10.5.1. Global Online Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 98
10.5.2. Global Online Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 99
10.6. Others 100
10.6.1. Global Others Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 101
10.6.2. Global Others Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 102
CHAPTER NO. 11 : SHRIMP MARKET – REGIONAL ANALYSIS 103
11.1. Shrimp Market Overview, by Regional Segments 103
11.2. Region 104
11.2.1. Global Shrimp Market Volume Share, By Region, 2023 & 2032 104
11.2.2. Global Shrimp Market Revenue Share, By Region, 2023 & 2032 104
11.2.3. Shrimp Market Attractiveness Analysis, By Region 105
11.2.4. Incremental Revenue Growth Opportunity, by Region, 2024 – 2032 105
11.2.5. Shrimp Market Revenue, By Region, 2018, 2023, 2027 & 2032 106
11.2.6. Global Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 107
11.2.7. Global Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 107
11.3. Species 108
11.3.1. Global Shrimp Market Volume & Revenue, By Species, 2018 – 2023 (Kilo Tons) (USD Million) 108
11.3.2. Global Shrimp Market Volume & Revenue, By Species, 2024 – 2032 (Kilo Tons) (USD Million) 108
11.4. Source 109
11.4.1. Global Shrimp Market Volume & Revenue, By Source, 2018 – 2023 (Kilo Tons) (USD Million) 109
11.4.2. Global Shrimp Market Volume & Revenue, By Source, 2024 – 2032 (Kilo Tons) (USD Million) 109
11.5. Form 110
11.5.1. Global Shrimp Market Volume & Revenue, By Form, 2018 – 2023 (Kilo Tons) (USD Million) 110
11.5.2. Global Shrimp Market Volume & Revenue, By Form, 2024 – 2032 (Kilo Tons) (USD Million) 110
11.6. Distribution Channel 111
11.6.1. Global Shrimp Market Volume & Revenue, By Distribution Channel, 2018 – 2023 (Kilo Tons) (USD Million) 111
11.6.2. Global Shrimp Market Volume & Revenue, By Distribution Channel, 2024 – 2032 (Kilo Tons) (USD Million) 111
CHAPTER NO. 12 : SHRIMP MARKET – NORTH AMERICA 112
12.1. North America 112
12.1.1. Key Highlights 112
12.1.2. North America Shrimp Market Volume, By Country, 2018 – 2032 (Kilo Tons) 113
12.1.3. North America Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 114
12.1.4. North America Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 115
12.1.5. North America Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 116
12.1.6. North America Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 117
12.1.7. North America Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 118
12.1.8. North America Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 119
12.1.9. North America Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 120
12.1.10. North America Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 121
12.1.11. North America Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 122
12.2. U.S. 123
12.3. Canada 123
12.4. Mexico 123
CHAPTER NO. 13 : SHRIMP MARKET – EUROPE 124
13.1. Europe 124
13.1.1. Key Highlights 124
13.1.2. Europe Shrimp Market Volume, By Country, 2018 – 2032 (Kilo Tons) 125
13.1.3. Europe Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 126
13.1.4. Europe Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 127
13.1.5. Europe Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 128
13.1.6. Europe Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 129
13.1.7. Europe Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 130
13.1.8. Europe Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 131
13.1.9. Europe Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 132
13.1.10. Europe Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 133
13.1.11. Europe Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 134
13.2. UK 135
13.3. France 135
13.4. Germany 135
13.5. Italy 135
13.6. Spain 135
13.7. Russia 135
13.8. Belgium 135
13.9. Netherland 135
13.10. Austria 135
13.11. Sweden 135
13.12. Poland 135
13.13. Denmark 135
13.14. Switzerland 135
13.15. Rest of Europe 135
CHAPTER NO. 14 : SHRIMP MARKET – ASIA PACIFIC 136
14.1. Asia Pacific 136
14.1.1. Key Highlights 136
14.1.2. Asia Pacific Shrimp Market Volume, By Country, 2018 – 2032 (Kilo Tons) 137
14.1.3. Asia Pacific Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 138
14.1.4. Asia Pacific Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 139
14.1.5. Asia Pacific Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 140
14.1.6. Asia Pacific Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 141
14.1.7. Asia Pacific Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 142
14.1.8. Asia Pacific Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 143
14.1.9. Asia Pacific Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 144
14.1.10. Asia Pacific Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 145
14.1.11. Asia Pacific Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 146
14.2. China 147
14.3. Japan 147
14.4. South Korea 147
14.5. India 147
14.6. Australia 147
14.7. Thailand 147
14.8. Indonesia 147
14.9. Vietnam 147
14.10. Malaysia 147
14.11. Philippines 147
14.12. Taiwan 147
14.13. Rest of Asia Pacific 147
CHAPTER NO. 15 : SHRIMP MARKET – LATIN AMERICA 148
15.1. Latin America 148
15.1.1. Key Highlights 148
15.1.2. Latin America Shrimp Market Volume, By Country, 2018 – 2032 (Kilo Tons) 149
15.1.3. Latin America Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 150
15.1.4. Latin America Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 151
15.1.5. Latin America Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 152
15.1.6. Latin America Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 153
15.1.7. Latin America Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 154
15.1.8. Latin America Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 155
15.1.9. Latin America Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 156
15.1.10. Latin America Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 157
15.1.11. Latin America Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 158
15.2. Brazil 159
15.3. Argentina 159
15.4. Peru 159
15.5. Chile 159
15.6. Colombia 159
15.7. Rest of Latin America 159
CHAPTER NO. 16 : SHRIMP MARKET – MIDDLE EAST 160
16.1. Middle East 160
16.1.1. Key Highlights 160
16.1.2. Middle East Shrimp Market Volume, By Country, 2018 – 2032 (Kilo Tons) 161
16.1.3. Middle East Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 162
16.1.4. Middle East Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 163
16.1.5. Middle East Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 164
16.1.6. Middle East Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 165
16.1.7. Middle East Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 166
16.1.8. Middle East Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 167
16.1.9. Middle East Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 168
16.1.10. Middle East Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 169
16.1.11. Middle East Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 170
16.2. UAE 171
16.3. KSA 171
16.4. Israel 171
16.5. Turkey 171
16.6. Iran 171
16.7. Rest of Middle East 171
CHAPTER NO. 17 : SHRIMP MARKET – AFRICA 172
17.1. Africa 172
17.1.1. Key Highlights 172
17.1.2. Africa Shrimp Market Volume, By Country, 2018 – 2032 (Kilo Tons) 173
17.1.3. Africa Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 174
17.1.4. Africa Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 175
17.1.5. Africa Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 176
17.1.6. Africa Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 177
17.1.7. Africa Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 178
17.1.8. Africa Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 179
17.1.9. Africa Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 180
17.1.10. Africa Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 181
17.1.11. Africa Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 182
17.2. Egypt 183
17.3. Nigeria 183
17.4. Algeria 183
17.5. Morocco 183
17.6. Rest of Africa 183
CHAPTER NO. 18 : COMPANY PROFILES 184
18.1. Thai Union Group PCL 184
18.1.1. Company Overview 184
18.1.2. Product Portfolio 184
18.1.3. Swot Analysis 184
18.1.4. Business Strategy 184
18.1.5. Financial Overview 185
18.2. Clearwater Seafoods 186
18.3. Avanti Feeds Limited 186
18.4. High Liner Foods 186
18.5. Surapon Foods Public Company Limited 186
18.6. Mazzetta Company, LLC 186
18.7. Aqua Star 186
18.8. Nordic Seafood A/S 186
18.9. The Waterbase Limited 186
18.10. Wild Ocean Direct 186
CHAPTER NO. 19 : RESEARCH METHODOLOGY 187
19.1. Research Methodology 187
19.1.1. Phase I – Secondary Research 188
19.1.2. Phase II – Data Modeling 188
Company Share Analysis Model 189
Revenue Based Modeling 189
19.1.3. Phase III – Primary Research 190
19.1.4. Research Limitations 191
Assumptions 191

List of Figures
FIG NO. 1. Global Shrimp Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 33
FIG NO. 2. Porter’s Five Forces Analysis for Global Shrimp Market 41
FIG NO. 3. Company Share Analysis, 2023 42
FIG NO. 4. Company Share Analysis, 2023 43
FIG NO. 5. Company Share Analysis, 2023 43
FIG NO. 6. Company Share Analysis, 2023 43
FIG NO. 7. Shrimp Market – Company Volume Market Share, 2023 45
FIG NO. 8. Shrimp Market – Company Revenue Market Share, 2023 46
FIG NO. 9. Shrimp Market Volume Share, By Species, 2023 & 2032 52
FIG NO. 10. Shrimp Market Revenue Share, By Species, 2023 & 2032 52
FIG NO. 11. Market Attractiveness Analysis, By Species 53
FIG NO. 12. Incremental Revenue Growth Opportunity by Species, 2024 – 2032 53
FIG NO. 13. Shrimp Market Revenue, By Species, 2018, 2023, 2027 & 2032 54
FIG NO. 14. Global Shrimp Market for L. vannamei, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 55
FIG NO. 15. Global Shrimp Market for Trachipenaeus curvirostris, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 57
FIG NO. 16. Global Shrimp Market for Pleoticus muelleri, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 59
FIG NO. 17. Global Shrimp Market for Acetes japonicus, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 61
FIG NO. 18. Global Shrimp Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 63
FIG NO. 19. Shrimp Market Volume Share, By Source, 2023 & 2032 66
FIG NO. 20. Shrimp Market Revenue Share, By Source, 2023 & 2032 66
FIG NO. 21. Market Attractiveness Analysis, By Source 67
FIG NO. 22. Incremental Revenue Growth Opportunity by Source, 2024 – 2032 67
FIG NO. 23. Shrimp Market Revenue, By Source, 2018, 2023, 2027 & 2032 68
FIG NO. 24. Global Shrimp Market for Wild, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 69
FIG NO. 25. Global Shrimp Market for Aquaculture, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 71
FIG NO. 26. Shrimp Market Volume Share, By Form, 2023 & 2032 74
FIG NO. 27. Shrimp Market Revenue Share, By Form, 2023 & 2032 74
FIG NO. 28. Market Attractiveness Analysis, By Form 75
FIG NO. 29. Incremental Revenue Growth Opportunity by Form, 2024 – 2032 75
FIG NO. 30. Shrimp Market Revenue, By Form, 2018, 2023, 2027 & 2032 76
FIG NO. 31. Global Shrimp Market for Green/ Head-off, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 77
FIG NO. 32. Global Shrimp Market for Green/ Head-on, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 79
FIG NO. 33. Global Shrimp Market for Peeled, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 81
FIG NO. 34. Global Shrimp Market for Breaded, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 83
FIG NO. 35. Global Shrimp Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 85
FIG NO. 36. Shrimp Market Volume Share, By Distribution Channel, 2023 & 2032 88
FIG NO. 37. Shrimp Market Revenue Share, By Distribution Channel, 2023 & 2032 88
FIG NO. 38. Market Attractiveness Analysis, By Distribution Channel 89
FIG NO. 39. Incremental Revenue Growth Opportunity by Distribution Channel, 2024 – 2032 89
FIG NO. 40. Shrimp Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 90
FIG NO. 41. Global Shrimp Market for Hypermarkets & Supermarkets, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 91
FIG NO. 42. Global Shrimp Market for Convenience Stores, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 94
FIG NO. 43. Global Shrimp Market for Specialty Stores, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 97
FIG NO. 44. Global Shrimp Market for Online, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 100
FIG NO. 45. Global Shrimp Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 103
FIG NO. 46. Global Shrimp Market Volume Share, By Region, 2023 & 2032 107
FIG NO. 47. Global Shrimp Market Revenue Share, By Region, 2023 & 2032 107
FIG NO. 48. Market Attractiveness Analysis, By Region 108
FIG NO. 49. Incremental Revenue Growth Opportunity by Region, 2024 – 2032 108
FIG NO. 50. Shrimp Market Revenue, By Region, 2018, 2023, 2027 & 2032 109
FIG NO. 51. North America Shrimp Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 115
FIG NO. 52. Europe Shrimp Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 127
FIG NO. 53. Asia Pacific Shrimp Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 139
FIG NO. 54. Latin America Shrimp Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 151
FIG NO. 55. Middle East Shrimp Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 163
FIG NO. 56. Africa Shrimp Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 175
FIG NO. 57. Research Methodology – Detailed View 190
FIG NO. 58. Research Methodology 191

List of Tables
TABLE NO. 1. : Global Shrimp Market: Snapshot 32
TABLE NO. 2. : Drivers for the Shrimp Market: Impact Analysis 38
TABLE NO. 3. : Restraints for the Shrimp Market: Impact Analysis 40
TABLE NO. 4. : Global L. vannamei Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 57
TABLE NO. 5. : Global L. vannamei Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 57
TABLE NO. 6. : Global Trachipenaeus curvirostris Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 59
TABLE NO. 7. : Global Trachipenaeus curvirostris Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 59
TABLE NO. 8. : Global Pleoticus muelleri Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 61
TABLE NO. 9. : Global Pleoticus muelleri Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 61
TABLE NO. 10. : Global Acetes japonicus Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 63
TABLE NO. 11. : Global Acetes japonicus Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 63
TABLE NO. 12. : Global Others5 Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 65
TABLE NO. 13. : Global Others5 Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 65
TABLE NO. 14. : Global Wild Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 71
TABLE NO. 15. : Global Wild Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 71
TABLE NO. 16. : Global Aquaculture Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 73
TABLE NO. 17. : Global Aquaculture Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 73
TABLE NO. 18. : Global Green/ Head-off Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 79
TABLE NO. 19. : Global Green/ Head-off Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 79
TABLE NO. 20. : Global Green/ Head-on Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 81
TABLE NO. 21. : Global Green/ Head-on Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 81
TABLE NO. 22. : Global Peeled Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 83
TABLE NO. 23. : Global Peeled Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 83
TABLE NO. 24. : Global Breaded Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 85
TABLE NO. 25. : Global Breaded Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 85
TABLE NO. 26. : Global Others Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 87
TABLE NO. 27. : Global Others Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 87
TABLE NO. 28. : Global Hypermarkets & Supermarkets Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 93
TABLE NO. 29. : Global Hypermarkets & Supermarkets Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 94
TABLE NO. 30. : Global Convenience Stores Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 96
TABLE NO. 31. : Global Convenience Stores Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 97
TABLE NO. 32. : Global Specialty Stores Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 99
TABLE NO. 33. : Global Specialty Stores Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 100
TABLE NO. 34. : Global Online Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 102
TABLE NO. 35. : Global Online Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 103
TABLE NO. 36. : Global Others Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 105
TABLE NO. 37. : Global Others Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 106
TABLE NO. 38. : Global Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 111
TABLE NO. 39. : Global Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 111
TABLE NO. 40. : Global Shrimp Market Volume & Revenue, By Species, 2018 – 2023 (Kilo Tons) (USD Million) 112
TABLE NO. 41. : Global Shrimp Market Volume & Revenue, By Species, 2024 – 2032 (Kilo Tons) (USD Million) 112
TABLE NO. 42. : Global Shrimp Market Volume & Revenue, By Source, 2018 – 2023 (Kilo Tons) (USD Million) 113
TABLE NO. 43. : Global Shrimp Market Volume & Revenue, By Source, 2024 – 2032 (Kilo Tons) (USD Million) 113
TABLE NO. 44. : Global Shrimp Market Volume & Revenue, By Form, 2018 – 2023 (Kilo Tons) (USD Million) 114
TABLE NO. 45. : Global Shrimp Market Volume & Revenue, By Form, 2024 – 2032 (Kilo Tons) (USD Million) 114
TABLE NO. 46. : Global Shrimp Market Volume & Revenue, By Distribution Channel, 2018 – 2023 (Kilo Tons) (USD Million) 115
TABLE NO. 47. : Global Shrimp Market Volume & Revenue, By Distribution Channel, 2024 – 2032 (Kilo Tons) (USD Million) 115
TABLE NO. 48. : North America Shrimp Market Volume, By Country, 2018 – 2023 (Kilo Tons) 117
TABLE NO. 49. : North America Shrimp Market Volume, By Country, 2024 – 2032 (Kilo Tons) 117
TABLE NO. 50. : North America Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 118
TABLE NO. 51. : North America Shrimp Market Revenue, By Country, 2024 – 2032 (USD Million) 118
TABLE NO. 52. : North America Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 119
TABLE NO. 53. : North America Shrimp Market Volume, By Species, 2024 – 2032 (Kilo Tons) 119
TABLE NO. 54. : North America Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 120
TABLE NO. 55. : North America Shrimp Market Revenue, By Species, 2024 – 2032 (USD Million) 120
TABLE NO. 56. : North America Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 121
TABLE NO. 57. : North America Shrimp Market Volume, By Source, 2024 – 2032 (Kilo Tons) 121
TABLE NO. 58. : North America Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 122
TABLE NO. 59. : North America Shrimp Market Revenue, By Source, 2024 – 2032 (USD Million) 122
TABLE NO. 60. : North America Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 123
TABLE NO. 61. : North America Shrimp Market Volume, By Form, 2024 – 2032 (Kilo Tons) 123
TABLE NO. 62. : North America Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 124
TABLE NO. 63. : North America Shrimp Market Revenue, By Form, 2024 – 2032 (USD Million) 124
TABLE NO. 64. : North America Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 125
TABLE NO. 65. : North America Shrimp Market Volume, By Distribution Channel, 2024 – 2032 (Kilo Tons) 125
TABLE NO. 66. : North America Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 126
TABLE NO. 67. : North America Shrimp Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 126
TABLE NO. 68. : Europe Shrimp Market Volume, By Country, 2018 – 2023 (Kilo Tons) 129
TABLE NO. 69. : Europe Shrimp Market Volume, By Country, 2024 – 2032 (Kilo Tons) 129
TABLE NO. 70. : Europe Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 130
TABLE NO. 71. : Europe Shrimp Market Revenue, By Country, 2024 – 2032 (USD Million) 130
TABLE NO. 72. : Europe Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 131
TABLE NO. 73. : Europe Shrimp Market Volume, By Species, 2024 – 2032 (Kilo Tons) 131
TABLE NO. 74. : Europe Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 132
TABLE NO. 75. : Europe Shrimp Market Revenue, By Species, 2024 – 2032 (USD Million) 132
TABLE NO. 76. : Europe Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 133
TABLE NO. 77. : Europe Shrimp Market Volume, By Source, 2024 – 2032 (Kilo Tons) 133
TABLE NO. 78. : Europe Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 134
TABLE NO. 79. : Europe Shrimp Market Revenue, By Source, 2024 – 2032 (USD Million) 134
TABLE NO. 80. : Europe Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 135
TABLE NO. 81. : Europe Shrimp Market Volume, By Form, 2024 – 2032 (Kilo Tons) 135
TABLE NO. 82. : Europe Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 136
TABLE NO. 83. : Europe Shrimp Market Revenue, By Form, 2024 – 2032 (USD Million) 136
TABLE NO. 84. : Europe Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 137
TABLE NO. 85. : Europe Shrimp Market Volume, By Distribution Channel, 2024 – 2032 (Kilo Tons) 137
TABLE NO. 86. : Europe Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 138
TABLE NO. 87. : Europe Shrimp Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 138
TABLE NO. 88. : Asia Pacific Shrimp Market Volume, By Country, 2018 – 2023 (Kilo Tons) 141
TABLE NO. 89. : Asia Pacific Shrimp Market Volume, By Country, 2024 – 2032 (Kilo Tons) 141
TABLE NO. 90. : Asia Pacific Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 142
TABLE NO. 91. : Asia Pacific Shrimp Market Revenue, By Country, 2024 – 2032 (USD Million) 142
TABLE NO. 92. : Asia Pacific Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 143
TABLE NO. 93. : Asia Pacific Shrimp Market Volume, By Species, 2024 – 2032 (Kilo Tons) 143
TABLE NO. 94. : Asia Pacific Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 144
TABLE NO. 95. : Asia Pacific Shrimp Market Revenue, By Species, 2024 – 2032 (USD Million) 144
TABLE NO. 96. : Asia Pacific Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 145
TABLE NO. 97. : Asia Pacific Shrimp Market Volume, By Source, 2024 – 2032 (Kilo Tons) 145
TABLE NO. 98. : Asia Pacific Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 146
TABLE NO. 99. : Asia Pacific Shrimp Market Revenue, By Source, 2024 – 2032 (USD Million) 146
TABLE NO. 100. : Asia Pacific Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 147
TABLE NO. 101. : Asia Pacific Shrimp Market Volume, By Form, 2024 – 2032 (Kilo Tons) 147
TABLE NO. 102. : Asia Pacific Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 148
TABLE NO. 103. : Asia Pacific Shrimp Market Revenue, By Form, 2024 – 2032 (USD Million) 148
TABLE NO. 104. : Asia Pacific Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 149
TABLE NO. 105. : Asia Pacific Shrimp Market Volume, By Distribution Channel, 2024 – 2032 (Kilo Tons) 149
TABLE NO. 106. : Asia Pacific Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 150
TABLE NO. 107. : Asia Pacific Shrimp Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 150
TABLE NO. 108. : Latin America Shrimp Market Volume, By Country, 2018 – 2023 (Kilo Tons) 153
TABLE NO. 109. : Latin America Shrimp Market Volume, By Country, 2024 – 2032 (Kilo Tons) 153
TABLE NO. 110. : Latin America Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 154
TABLE NO. 111. : Latin America Shrimp Market Revenue, By Country, 2024 – 2032 (USD Million) 154
TABLE NO. 112. : Latin America Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 155
TABLE NO. 113. : Latin America Shrimp Market Volume, By Species, 2024 – 2032 (Kilo Tons) 155
TABLE NO. 114. : Latin America Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 156
TABLE NO. 115. : Latin America Shrimp Market Revenue, By Species, 2024 – 2032 (USD Million) 156
TABLE NO. 116. : Latin America Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 157
TABLE NO. 117. : Latin America Shrimp Market Volume, By Source, 2024 – 2032 (Kilo Tons) 157
TABLE NO. 118. : Latin America Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 158
TABLE NO. 119. : Latin America Shrimp Market Revenue, By Source, 2024 – 2032 (USD Million) 158
TABLE NO. 120. : Latin America Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 159
TABLE NO. 121. : Latin America Shrimp Market Volume, By Form, 2024 – 2032 (Kilo Tons) 159
TABLE NO. 122. : Latin America Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 160
TABLE NO. 123. : Latin America Shrimp Market Revenue, By Form, 2024 – 2032 (USD Million) 160
TABLE NO. 124. : Latin America Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 161
TABLE NO. 125. : Latin America Shrimp Market Volume, By Distribution Channel, 2024 – 2032 (Kilo Tons) 161
TABLE NO. 126. : Latin America Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 162
TABLE NO. 127. : Latin America Shrimp Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 162
TABLE NO. 128. : Middle East Shrimp Market Volume, By Country, 2018 – 2023 (Kilo Tons) 165
TABLE NO. 129. : Middle East Shrimp Market Volume, By Country, 2024 – 2032 (Kilo Tons) 165
TABLE NO. 130. : Middle East Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 166
TABLE NO. 131. : Middle East Shrimp Market Revenue, By Country, 2024 – 2032 (USD Million) 166
TABLE NO. 132. : Middle East Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 167
TABLE NO. 133. : Middle East Shrimp Market Volume, By Species, 2024 – 2032 (Kilo Tons) 167
TABLE NO. 134. : Middle East Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 168
TABLE NO. 135. : Middle East Shrimp Market Revenue, By Species, 2024 – 2032 (USD Million) 168
TABLE NO. 136. : Middle East Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 169
TABLE NO. 137. : Middle East Shrimp Market Volume, By Source, 2024 – 2032 (Kilo Tons) 169
TABLE NO. 138. : Middle East Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 170
TABLE NO. 139. : Middle East Shrimp Market Revenue, By Source, 2024 – 2032 (USD Million) 170
TABLE NO. 140. : Middle East Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 171
TABLE NO. 141. : Middle East Shrimp Market Volume, By Form, 2024 – 2032 (Kilo Tons) 171
TABLE NO. 142. : Middle East Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 172
TABLE NO. 143. : Middle East Shrimp Market Revenue, By Form, 2024 – 2032 (USD Million) 172
TABLE NO. 144. : Middle East Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 173
TABLE NO. 145. : Middle East Shrimp Market Volume, By Distribution Channel, 2024 – 2032 (Kilo Tons) 173
TABLE NO. 146. : Middle East Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 174
TABLE NO. 147. : Middle East Shrimp Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 174
TABLE NO. 148. : Africa Shrimp Market Volume, By Country, 2018 – 2023 (Kilo Tons) 177
TABLE NO. 149. : Africa Shrimp Market Volume, By Country, 2024 – 2032 (Kilo Tons) 177
TABLE NO. 150. : Africa Shrimp Market Revenue, By Country, 2018 – 2023 (USD Million) 178
TABLE NO. 151. : Africa Shrimp Market Revenue, By Country, 2024 – 2032 (USD Million) 178
TABLE NO. 152. : Africa Shrimp Market Volume, By Species, 2018 – 2023 (Kilo Tons) 179
TABLE NO. 153. : Africa Shrimp Market Volume, By Species, 2024 – 2032 (Kilo Tons) 179
TABLE NO. 154. : Africa Shrimp Market Revenue, By Species, 2018 – 2023 (USD Million) 180
TABLE NO. 155. : Africa Shrimp Market Revenue, By Species, 2024 – 2032 (USD Million) 180
TABLE NO. 156. : Africa Shrimp Market Volume, By Source, 2018 – 2023 (Kilo Tons) 181
TABLE NO. 157. : Africa Shrimp Market Volume, By Source, 2024 – 2032 (Kilo Tons) 181
TABLE NO. 158. : Africa Shrimp Market Revenue, By Source, 2018 – 2023 (USD Million) 182
TABLE NO. 159. : Africa Shrimp Market Revenue, By Source, 2024 – 2032 (USD Million) 182
TABLE NO. 160. : Africa Shrimp Market Volume, By Form, 2018 – 2023 (Kilo Tons) 183
TABLE NO. 161. : Africa Shrimp Market Volume, By Form, 2024 – 2032 (Kilo Tons) 183
TABLE NO. 162. : Africa Shrimp Market Revenue, By Form, 2018 – 2023 (USD Million) 184
TABLE NO. 163. : Africa Shrimp Market Revenue, By Form, 2024 – 2032 (USD Million) 184
TABLE NO. 164. : Africa Shrimp Market Volume, By Distribution Channel, 2018 – 2023 (Kilo Tons) 185
TABLE NO. 165. : Africa Shrimp Market Volume, By Distribution Channel, 2024 – 2032 (Kilo Tons) 185
TABLE NO. 166. : Africa Shrimp Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 186
TABLE NO. 167. : Africa Shrimp Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 186

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Frequently Asked Questions

What is the projected growth of the shrimp market?

The shrimp market is projected to grow from USD 62,122.95 million in 2023 to an estimated USD 100,925.54 million by 2032, with a CAGR of 5.51% from 2024 to 2032.

What are the key drivers of the global shrimp market?

Key drivers include the rising global demand for protein-rich foods, the expansion of aquaculture practices, and the growing popularity of processed and ready-to-eat shrimp products.

Which region dominates the global shrimp market?

The Asia Pacific region dominates the global shrimp market, accounting for approximately 60% of the total market share, driven by high production volumes in countries like China, India, Vietnam, and Thailand.

How are sustainability and traceability influencing the shrimp market?

Increasing focus on sustainability and traceability is driving the adoption of eco-friendly practices and certification programs, ensuring that shrimp production meets high environmental and social standards.

What role does technology play in the shrimp market?

Technological advancements, such as automation, AI, and IoT, are enhancing productivity and efficiency in shrimp farming, contributing to the growth and sustainability of the global shrimp market.

About Author

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

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