Shrimp Market

Shrimp Market By Species (L. vannamei, Trachipenaeus curvirostris, Pleoticus muelleri, 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

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2019-2022
Base Year	2023
Forecast Period	2024-2032
Shrimp Market Size 2023	USD 62,122.95 Million
Shrimp Market, CAGR	5.51%
Shrimp Market Size 2032	USD 100,925.54 Million

Market Overview

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 compound annual growth rate (CAGR) of 5.51% from 2024 to 2032. This substantial market expansion is driven by rising consumer demand for shrimp as a protein source, increasing its popularity across various cuisines worldwide.

Key market drivers include the increasing preference for seafood as a healthy dietary option, coupled with the expansion of the aquaculture industry to meet the rising global demand. The shrimp market also benefits from advancements in farming techniques and the growing trend of sustainable aquaculture practices, which are essential for ensuring a consistent supply and maintaining environmental balance.

Geographically, the Asia Pacific region dominates the shrimp market, primarily due to the high production volumes in countries like China, India, Vietnam, and Thailand. North America and Europe also represent significant markets, driven by strong consumer demand and the presence of well-established distribution channels. Key players in the global shrimp market include Thai Union Group, Maruha Nichiro Corporation, Nippon Suisan Kaisha, Clearwater Seafoods, and High Liner Foods, who are actively engaged in expanding their production capacities and enhancing their market presence through strategic partnerships and acquisitions.

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Market Drivers

Rising Global Demand for Protein-Rich Foods

The global demand for protein-rich foods is a significant driver of the shrimp market. Shrimp, as a high-quality source of protein, is increasingly becoming a preferred choice among consumers seeking healthy and nutritious dietary options. For instance, a notable shift in consumer preferences towards seafood, with shrimp being one of the most popular choices. The rising awareness about the health benefits of seafood, particularly its high protein content and low fat, has led to an upsurge in shrimp consumption worldwide. As people become more health-conscious, they are shifting away from red meat and opting for seafood, including shrimp, which is seen as a healthier alternative. Additionally, the expanding middle-class population in emerging economies is contributing to this trend, as they have greater purchasing power and are more inclined to include premium food items, such as shrimp, in their diets.

Expansion of Aquaculture Practices

The expansion of aquaculture practices is another crucial driver propelling the global shrimp market. With wild-caught shrimp resources facing challenges such as overfishing and environmental degradation, aquaculture has emerged as a sustainable solution to meet the growing demand for shrimp. For instance, a significant increase in the number of shrimp farms and aquaculture facilities worldwide. Technological advancements in aquaculture practices have significantly improved shrimp farming efficiency, enabling higher yields and better disease management. The adoption of innovative techniques, such as biofloc technology, recirculating aquaculture systems (RAS), and integrated multi-trophic aquaculture (IMTA), has further enhanced the productivity and sustainability of shrimp farming. These advancements have not only increased the supply of shrimp but have also allowed producers to maintain consistent quality, which is crucial for meeting the stringent standards of international markets.

Growing Popularity of Processed and Ready-to-Eat Shrimp Products

The growing popularity of processed and ready-to-eat shrimp products is significantly influencing the global shrimp market. As consumers’ lifestyles become busier, there is a rising demand for convenient food options that require minimal preparation time. For instance, a substantial increase in sales of processed shrimp products, such as shrimp cocktails, frozen shrimp, and breaded shrimp. Additionally, the foodservice industry, including restaurants and fast-food chains, has embraced shrimp as a versatile ingredient, leading to increased consumption in various forms, from appetizers to main courses. The proliferation of international cuisines that feature shrimp as a key ingredient, such as sushi, tempura, and shrimp pasta, has further fueled this trend. Moreover, government statistics on online food delivery services have shown a significant growth in orders for ready-to-eat shrimp products, contributing to the market’s expansion.

Increasing Focus on Sustainable and Traceable Seafood

The increasing focus on sustainable and traceable seafood is a significant driver shaping the global shrimp market. As environmental concerns and ethical considerations gain prominence among consumers, there is a growing demand for sustainably sourced shrimp. This has led to the adoption of certification programs, such as the Aquaculture Stewardship Council (ASC) and the Marine Stewardship Council (MSC), which ensure that shrimp products meet high environmental and social standards. Additionally, traceability has become a critical factor in the shrimp supply chain, as consumers and regulators alike demand transparency regarding the origin and production practices of seafood. Advanced technologies, such as blockchain and QR codes, are being utilized to provide detailed information about the journey of shrimp from farm to fork, enhancing consumer trust and confidence. Retailers and foodservice providers are increasingly prioritizing suppliers who adhere to sustainable and traceable practices, driving the shift towards more responsible shrimp production. This trend is expected to play a pivotal role in the growth of the global shrimp market, as consumers continue to prioritize sustainability and ethical sourcing in their food choices.

Market Trends

Adoption of Sustainable and Eco-Friendly Practices

One of the most prominent trends in the global shrimp market is the increasing adoption of sustainable and eco-friendly practices across the shrimp supply chain. As environmental concerns become more pronounced, consumers, regulatory bodies, and industry stakeholders are demanding that shrimp production minimizes its ecological footprint. This has led to the widespread implementation of sustainable aquaculture practices, such as the use of biofloc technology and recirculating aquaculture systems (RAS), which reduce water usage and waste. Additionally, there is a growing emphasis on certification programs, like those offered by the Aquaculture Stewardship Council (ASC) and the Marine Stewardship Council (MSC), which certify that shrimp farms meet rigorous environmental and social standards. Furthermore, the industry is increasingly turning to innovations such as plant-based shrimp feed and probiotics, which not only improve shrimp health and yield but also reduce reliance on wild fish stocks and antibiotics. These sustainable practices are gaining traction as key differentiators in the market, with consumers showing a clear preference for eco-friendly products. This trend is expected to continue driving the evolution of the global shrimp market towards more responsible production methods.

Technological Advancements in Shrimp Farming

Technological advancements are playing a crucial role in shaping the future of the global shrimp market. The integration of advanced technologies, such as automation, artificial intelligence (AI), and Internet of Things (IoT) devices, is revolutionizing shrimp farming by enhancing efficiency and productivity. For instance, automated feeding systems and AI-driven monitoring tools are being used to optimize feed usage, reduce waste, and monitor water quality in real-time, thereby improving farm management and shrimp health. Moreover, IoT-enabled sensors and data analytics are providing shrimp farmers with actionable insights, allowing them to make data-driven decisions that enhance yield and sustainability. Blockchain technology is also gaining momentum in the shrimp industry, enabling greater traceability and transparency across the supply chain. This is particularly important for meeting the growing consumer demand for information about the origin and production practices of the shrimp they purchase. As these technological innovations continue to be adopted, they are expected to drive significant improvements in the efficiency, sustainability, and traceability of shrimp production, reinforcing the global shrimp market’s growth trajectory.

Market Restraints and Challenges

Environmental and Disease-Related Risks in Shrimp Farming

One of the most significant restraints in the global shrimp market is the environmental and disease-related risks associated with shrimp farming. Shrimp aquaculture is highly susceptible to environmental fluctuations, including changes in water temperature, salinity, and quality, which can adversely affect shrimp health and yield. For instance, surveys conducted by government authorities in major shrimp-producing countries have documented substantial economic losses due to disease outbreaks like Early Mortality Syndrome (EMS) and White Spot Syndrome Virus (WSSV). The reliance on high stocking densities and use of antibiotics to prevent diseases have raised concerns about long-term sustainability and environmental impact. These challenges are compounded by potential water pollution and habitat degradation from poorly managed farming practices. Despite advancements in farming technologies and disease management, environmental and health risks remain persistent challenges constraining market growth. Industry reports suggest ongoing innovation and regulation are necessary to mitigate these impacts and ensure sustainable expansion of shrimp production to meet growing global demand.

Regulatory and Trade Barriers

Regulatory and trade barriers present another major challenge to the global shrimp market. Industry surveys reveal the shrimp sector operates within a complex web of international trade regulations that vary significantly between countries. For instance, compliance with stringent food safety standards related to antibiotic residues and environmental impact can be costly and time-consuming, particularly for producers in developing nations. Government trade statistics indicate the imposition of tariffs, trade restrictions, and anti-dumping duties by major importing countries creates market volatility and limits market access for shrimp exporters. These regulatory challenges are further exacerbated by fluctuating exchange rates and trade policies impacting export profitability, according to economic analyses. As global trade dynamics evolve, industry reports suggest the shrimp market must continually adapt to regulatory and trade-related challenges that can hinder expansion and create barriers to entry. The ongoing efforts are needed to harmonize standards and reduce trade friction to support sustainable growth of the global shrimp industry.

Market Segmentation Analysis

By species

The global shrimp market is segmented into several key species, with L. vannamei (Pacific white shrimp) dominating production and trade worldwide. For instance, L. vannamei accounts for the majority of farmed shrimp production in major producing countries like China, India, Indonesia, and Ecuador. Its popularity stems from factors like fast growth rates, disease resistance, and adaptability to intensive farming methods. Other important commercial species include Trachipenaeus curvirostris, which is widely cultivated in parts of Asia, and Pleoticus muelleri, a cold-water species farmed primarily in Argentina. While less common globally, species like Acetes japonicus serve niche markets, particularly in East and Southeast Asian cuisines. Government fisheries data from countries like Thailand and Vietnam show these smaller shrimp species support important artisanal fisheries in coastal communities.

By source

The shrimp market is divided between wild-caught and aquaculture sources, with farmed shrimp now dominating global production and trade. For instance, aquaculture accounts for over 50% of global shrimp supply. Countries like India, Ecuador, and Indonesia have seen rapid growth in shrimp farming, driven by increasing global demand and advances in aquaculture technology. The steady increases in farmed shrimp output over the past decade. While wild-caught shrimp remains important, particularly for certain high-value species, its share of the market has declined. For instance, a major shrimp importer, shows that farm-raised shrimp now makes up the majority of imports by volume. However, wild-caught shrimp maintains a premium position in some markets due to perceived quality advantages.

Segments

Based on Species

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

Based on Source

Wild
Aquaculture

Based on Form

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

Based on Distribution Channel

Convenience Stores
Specialty Stores
Online
Others

Based on Region

North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa

Regional Analysis

Asia Pacific (60%):

Asia Pacific is the dominant region in the global shrimp market, accounting for approximately 60% of the total market share. This region’s leadership is primarily driven by the extensive shrimp farming operations in countries like China, India, Vietnam, and Thailand. For instance, these nations benefit from favorable climatic conditions, abundant coastal areas, and well-established aquaculture practices, enabling them to produce shrimp at competitive costs. The region is a major exporter of shrimp to North America and Europe, with a significant portion of its production destined for international markets. The expansion of sustainable farming practices and investments in advanced aquaculture technologies are further bolstering Asia Pacific’s position in the global shrimp market.

North America (15%):

North America holds a significant market share, representing around 15% of the global shrimp market. The United States is the largest consumer within this region, driven by a strong preference for seafood and a well-developed distribution network that includes both retail and foodservice sectors. North American consumers favor both wild-caught and farmed shrimp, with a growing trend towards sustainably sourced and traceable products. For instance, the region is heavily reliant on shrimp imports, particularly from Asia Pacific, to meet its high demand. The increasing popularity of processed and ready-to-eat shrimp products is also driving market growth in North America.

Key players

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

Competitive Analysis

The global shrimp market is highly competitive, with key players striving to strengthen their market positions through strategic expansions, product innovations, and sustainability initiatives. Thai Union Group PCL and Clearwater Seafoods lead the market with extensive product portfolios and a strong global distribution network. Avanti Feeds Limited and High Liner Foods focus on leveraging advanced aquaculture technologies to ensure consistent quality and supply. Companies like Surapon Foods and Aqua Star emphasize processed and value-added shrimp products, catering to the growing demand for convenience foods. Nordic Seafood A/S and The Waterbase Limited are known for their commitment to sustainability and traceability, appealing to environmentally conscious consumers. Meanwhile, Mazzetta Company and Wild Ocean Direct differentiate themselves by offering premium and niche shrimp products. This competitive landscape drives continuous innovation and quality improvements, ensuring the market’s robust growth trajectory.

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.

Market Concentration and Characteristics

The global shrimp market is characterized by a moderate level of concentration, with a mix of large multinational corporations and smaller regional players vying for market share. Leading companies such as Thai Union Group PCL, Clearwater Seafoods, and High Liner Foods dominate the market, leveraging extensive global distribution networks and a strong focus on sustainability and innovation. The market is also highly fragmented with numerous local producers, particularly in Asia Pacific and Latin America, where shrimp farming is prevalent. This fragmentation allows for a diverse range of products, catering to various consumer preferences and price points. The market’s competitive nature drives continuous advancements in farming practices, product quality, and sustainability initiatives, making it dynamic and resilient to shifts in consumer demand and regulatory changes. 1. What is the projected growth of the global shrimp market?

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Report Coverage

The research report offers an in-depth analysis based on Species, Source, Form, Distribution Channel and Region. 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 global shrimp market is expected to continue its steady growth, driven by increasing demand for high-protein seafood across diverse consumer segments worldwide.
Aquaculture will play a crucial role in meeting global shrimp demand, with advancements in sustainable farming practices leading to higher yields and improved environmental management.
The market for processed and ready-to-eat shrimp products will expand, driven by consumer demand for convenience and the growing popularity of seafood in fast food and ready meals.
Sustainability will remain a key focus, with more producers adopting eco-friendly practices and certification programs to meet consumer and regulatory expectations.
Technological innovations, such as automation and IoT in shrimp farming, will enhance productivity and efficiency, helping producers to reduce costs and manage risks better.
The online distribution channel for shrimp is set to grow significantly, driven by the increasing trend of e-commerce and consumer preference for home delivery of fresh and frozen seafood.
While Asia Pacific will maintain its dominance, regions like Latin America will see increased production capacity, positioning them as important players in the global market.
There will be a growing trend towards premium and niche shrimp products, catering to health-conscious and gourmet consumers looking for high-quality seafood options.
Emerging markets, particularly in Asia and Africa, will witness rising shrimp consumption, fueled by economic growth, urbanization, and changing dietary preferences.
The shrimp market will navigate evolving regulatory and trade environments, with ongoing efforts to meet international food safety standards and manage trade relations effectively.

Table of Content
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

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.

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