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United States Shrimp Market By Based on Species (vannamei (Whiteleg Shrimp), Trachipenaeus curvirostris, Pleoticus muelleri (Argentine Red Shrimp), Acetes japonicus, Others) By Based on Source (Wild, Aquaculture) By Based on Form (Green/Head-off, Green/Head-on, Peeled, Breaded, Others) By Based on 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
United States Shrimp Market Size 2023	USD 12,454.17 million
United States Shrimp Market, CAGR	5.56%
United States Shrimp Market Size 2032	USD 20,318.90 million

Market Overview

The United States Shrimp Market is projected to grow from USD 12,454.17 million in 2023 to an estimated USD 20,318.90 million by 2032, with a compound annual growth rate (CAGR) of 5.56% from 2024 to 2032. This growth is driven by increasing consumer demand for high-quality seafood products, the expanding foodservice industry, and the rising popularity of shrimp in various cuisines across the country.

Key market drivers include the growing health consciousness among consumers, leading to higher demand for protein-rich diets, of which shrimp is a significant component. Trends such as the rise of online food delivery services and the preference for ready-to-cook seafood products are also contributing to market growth. Moreover, the ongoing efforts by the industry to ensure traceability and sustainability in shrimp sourcing are expected to enhance consumer confidence and drive market demand.

Geographically, the US Shrimp Market is dominated by the Southern and Western regions, where shrimp consumption is traditionally high due to the proximity to coastal areas. Key players in the market include major seafood processors and distributors such as Pacific Seafood Group, Aqua Star, and Stavis Seafoods, who continue to innovate in product offerings and distribution channels to capture a larger share of the growing market.

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Market Drivers

Increasing Health Consciousness and Dietary Preferences:

One of the most significant drivers of the US shrimp market is the growing health consciousness among consumers. As people become more aware of the nutritional benefits of their diet, there is a noticeable shift towards healthier food options, with seafood, particularly shrimp, being a favored choice. Shrimp is low in calories, high in protein, and a good source of essential nutrients like omega-3 fatty acids, vitamin B12, and selenium. These attributes make it an attractive option for health-conscious consumers who are looking to maintain a balanced diet while enjoying diverse culinary experiences. For instance, a recent survey conducted by a leading market research firm found that a significant portion of American consumers are actively seeking out seafood options as part of their efforts to eat healthier. The popularity of diets such as Mediterranean, ketogenic, and paleo, which emphasize high protein intake and the inclusion of seafood, has further fueled the demand for shrimp. Additionally, the perception of shrimp as a versatile ingredient that can be easily incorporated into a variety of dishes has enhanced its appeal across different demographics.

Expanding Foodservice Industry and Changing Consumer Habits:

The expansion of the foodservice industry, particularly in the areas of casual dining, fast-casual restaurants, and online food delivery services, is another key driver of the US shrimp market. Shrimp is a popular choice in many restaurants, valued for its quick preparation time, versatility in various culinary applications, and widespread consumer acceptance. The increasing trend of dining out and the growth of the food delivery sector have significantly contributed to the rising demand for shrimp in the United States. For instance, a recent industry report highlighted that shrimp dishes are among the top-selling seafood items in restaurants across the country. Moreover, the shift in consumer habits towards convenience and ready-to-eat meals has led to a surge in demand for shrimp-based products that require minimal preparation. Pre-cooked and frozen shrimp products are becoming increasingly popular, particularly among busy urban populations. This trend is further bolstered by the rise in dual-income households, where time-saving food options are highly sought after. A government survey on consumer eating habits revealed that a growing number of Americans are opting for quick and easy meal solutions, with seafood being a preferred choice.

Advancements in Aquaculture and Sustainable Farming Practices:

The US shrimp market has also been driven by significant advancements in aquaculture and the adoption of sustainable farming practices. Over the past decade, there has been a growing emphasis on reducing the environmental impact of shrimp farming, leading to the development of more sustainable and efficient aquaculture systems. Innovations such as biofloc technology, recirculating aquaculture systems (RAS), and integrated multi-trophic aquaculture (IMTA) have improved the productivity and sustainability of shrimp farms. For instance, a recent study by a leading agricultural research institute found that these advanced farming techniques have significantly increased yields while reducing water usage and environmental impact. These advancements have not only increased the domestic production of shrimp but have also enhanced the quality and safety of the products available in the market. Sustainable farming practices have become a crucial selling point, as consumers increasingly prioritize environmental responsibility and ethical sourcing in their purchasing decisions. A consumer survey conducted by a prominent environmental organization revealed that a substantial number of shoppers are willing to pay a premium for sustainably sourced seafood, including shrimp.

Rising Consumer Demand for Diverse and Premium Seafood Offerings:

Consumer preferences are shifting towards more diverse and premium seafood offerings, which is another critical driver of the US shrimp market. As the American palate becomes more adventurous, there is a growing demand for high-quality, gourmet, and exotic seafood options. Shrimp, with its wide range of species and preparation methods, fits well into this trend, offering something for everyone—from the everyday consumer to the gourmet food enthusiast. The demand for premium shrimp products, such as wild-caught, organic, and sustainably sourced varieties, is on the rise. These premium products are often marketed with an emphasis on quality, flavor, and sustainability, appealing to consumers who are willing to pay a premium for superior seafood. Additionally, the popularity of global cuisines, such as Asian and Mediterranean, which feature shrimp prominently, has further fueled this demand. The increasing availability of premium shrimp products in supermarkets, specialty stores, and through online retailers has made it easier for consumers to access a wider variety of shrimp, driving the market forward.

Market Trends

Growing Demand for Sustainable and Traceable Shrimp Products

One of the most prominent trends in the US shrimp market is the increasing consumer demand for sustainable and traceable shrimp products. As environmental awareness continues to rise, consumers are becoming more concerned about the ecological impact of their food choices, particularly when it comes to seafood. This shift in consumer preferences has led to a greater emphasis on sustainability within the shrimp industry. Companies are now adopting practices such as eco-friendly aquaculture, improved water management systems, and the use of non-GMO feeds to minimize environmental damage. Additionally, the implementation of traceability systems that allow consumers to track the journey of their shrimp from farm to table is becoming more common. These systems not only enhance transparency but also build consumer trust by ensuring that the shrimp they purchase meets high standards of sustainability and ethical sourcing. The trend towards sustainable and traceable shrimp is likely to continue growing, driven by the increasing importance consumers place on responsible consumption and the availability of certification programs such as the Aquaculture Stewardship Council (ASC) and Best Aquaculture Practices (BAP).

Rise of Value-Added Shrimp Products

Another significant trend in the US shrimp market is the growing popularity of value-added shrimp products. With the busy lifestyles of modern consumers, there is a rising demand for convenient, ready-to-eat, and easy-to-prepare seafood options. In response, the market has seen a surge in the availability of value-added shrimp products, including pre-cooked, marinated, and seasoned shrimp, as well as shrimp-based meals and snacks. These products cater to the consumer’s need for convenience without compromising on taste or quality. Furthermore, the expansion of online grocery platforms and meal delivery services has made it easier for consumers to access these value-added shrimp products, driving further growth in this segment. As consumers continue to seek out quick and flavorful meal solutions, the demand for innovative value-added shrimp offerings is expected to increase, making this a key area of growth within the US shrimp market.

Market Restraints and Challenges

Volatile Pricing and Supply Chain Disruptions

The US shrimp market faces significant challenges due to volatile pricing and supply chain disruptions. The industry is highly susceptible to fluctuations in global supply and demand, leading to price variability. Adverse weather conditions, disease outbreaks in shrimp farms, and changes in international trade policies can all impact shrimp availability and cost. For instance, diseases like Early Mortality Syndrome (EMS) have previously caused substantial losses in shrimp farming, resulting in supply shortages and increased prices. Geopolitical tensions and tariff changes can also disrupt shrimp imports, further complicating the supply chain. These challenges make it difficult for businesses to maintain stable pricing and consistently meet consumer demand, ultimately affecting profitability and market growth.

Environmental and Regulatory Pressures

Environmental and regulatory pressures pose significant challenges for the US shrimp market. Shrimp farming, particularly in regions with less stringent environmental regulations, has been criticized for its impact on ecosystems, including mangrove destruction, water pollution, and biodiversity loss. This has led to increased scrutiny from environmental organizations and regulatory bodies, resulting in the implementation of stricter environmental standards and regulations. Compliance with these regulations can be costly and time-consuming for shrimp producers, especially smaller operations that may lack the resources to adapt quickly. The push for more sustainable practices, while beneficial in the long term, can increase production costs in the short term, potentially leading to higher prices for consumers. These environmental and regulatory challenges require ongoing investment in sustainable practices and efficient regulatory compliance to ensure continued market growth.

Market Segmentation Analysis

By Species

The US shrimp market is segmented by species, with Litopenaeus vannamei (commonly known as whiteleg shrimp) being the dominant species due to its widespread availability, faster growth rate, and adaptability to aquaculture. Trachipenaeus curvirostris, Pleoticus muelleri, and Acetes japonicus are also important species, catering to specific consumer preferences and niche markets. For instance, data from government authority surveys indicates that L. vannamei accounts for the majority of shrimp production in the United States, with other species making up smaller but significant portions of the market. The demand for various species is influenced by factors such as taste, texture, and application in different culinary traditions. As consumer interest in diverse and exotic seafood continues to grow, the market for less common shrimp species is expected to expand. Company data suggests that some producers are diversifying their offerings to include a wider range of shrimp species to meet this growing demand.

By Sources

Shrimp in the US market is sourced from both wild capture and aquaculture. The aquaculture segment holds a significant share due to the increasing demand for sustainable and traceable seafood products. Aquaculture practices have advanced significantly, providing a steady and reliable supply of shrimp, which helps stabilize prices and meet the rising consumer demand. For instance, government surveys show that aquaculture production of shrimp has been increasing steadily over the years, with many farms adopting improved techniques for disease management and sustainability. Wild-caught shrimp, while still popular for their natural flavor, face challenges such as overfishing and environmental concerns, which have led to a gradual shift towards farmed shrimp. Company data indicates that many seafood suppliers are investing in aquaculture operations to ensure a consistent supply of shrimp while also addressing sustainability concerns. The growing emphasis on sustainability and traceability is expected to further drive the aquaculture segment in the coming years.

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

South
West
Midwest
Northeast

Regional Analysis

The South (40%):

The Southern region holds the largest share of the US shrimp market, accounting for approximately 40% of the total market. For instance, data from government authority surveys indicates that Louisiana and Texas are major contributors to the region’s shrimp production. The South’s culinary tradition, featuring dishes like gumbo and jambalaya, drives high consumption levels. The region boasts a robust seafood industry with well-established distribution networks, facilitating widespread availability of both wild-caught and farmed shrimp. For example, company data shows that major shrimp processing facilities in Southern states significantly strengthen the region’s market position. The Southern market is expected to continue growing, supported by strong local demand and increasing emphasis on sustainable shrimp farming practices.

The West (30%):

The Western region accounts for around 30% of the US shrimp market. For instance, government surveys reveal that the region’s diverse population drives high demand for seafood. The West’s proximity to the Pacific Ocean and a food culture emphasizing fresh, high-quality ingredients contribute to its strong market share. Data from industry reports indicates a growing trend towards sustainable and organic shrimp in the region, catering to health-conscious consumers. Additionally, company statistics show that the expansion of online grocery platforms and home delivery services in the West has increased shrimp accessibility, further boosting market growth. The region’s market is expected to continue expanding, driven by these factors and evolving consumer preferences.

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Key players

Admiralty Island Fisheries
Beaver Street Fisheries
Dulcich Inc.
Gulf Shrimp Co. LLC
Pacific American Fish Company Inc.
Paul Piazza & Son Inc.
Sysco Corporation
The American Shrimp Company

Competitive Analysis

The US shrimp market is characterized by intense competition among key players who leverage their extensive distribution networks, product innovation, and strong market presence to capture market share. Sysco Corporation, a leader in foodservice distribution, has a significant advantage due to its expansive reach across the US. Companies like Beaver Street Fisheries and Pacific American Fish Company Inc. are known for their wide range of seafood offerings, including value-added shrimp products that cater to the growing demand for convenience. Admiralty Island Fisheries and The American Shrimp Company focus on delivering high-quality, sustainably sourced shrimp, appealing to the increasing consumer preference for responsibly sourced seafood. Meanwhile, Paul Piazza & Son Inc. and Dulcich Inc. capitalize on their longstanding industry experience and relationships with shrimp producers to maintain their market positions. The competitive landscape is driven by the need for innovation, sustainability, and strategic partnerships to meet evolving consumer demands.

Recent Developments

In July 2024, Beaver Street Fisheries partnered with iFoodDS on a seafood traceability initiative. They announced a proof-of-concept project to connect the seafood supply chain from producers to distributors to food service and grocery retail customers using the iFoodDS Trace Exchang with IBM Food Trust platform.

In March 2023, Beaver Street Fisheries unveiled innovative skin-pack packaging for its revamped product line at Seafood Expo North America. This included new packaging for their entire shrimp, scallops, and shellfish lines.

In 2020, Paul Piazza & Son Inc. launched a direct-to-consumer online store. The online store was established to respond to growing requests to purchase their products in locations where the company may not have had market penetration.

In 2024, Sysco launched a B2B marketplace powered by Mirakl. The Sysco Marketplace went live with over 15,000 products available in most Sysco U.S. Broadline locations.

Market Concentration and Characteristics

The US Shrimp Market is moderately concentrated, with a mix of large-scale distributors and specialized seafood companies dominating the industry. Major players like Sysco Corporation, Beaver Street Fisheries, and Pacific American Fish Company Inc. hold significant market shares due to their extensive distribution networks and diverse product offerings. These companies are characterized by their ability to meet large-scale demand, ensure product quality, and innovate with value-added shrimp products. However, the market also includes smaller, specialized firms such as Admiralty Island Fisheries and The American Shrimp Company, which focus on niche segments like sustainably sourced and premium shrimp. The market’s concentration is influenced by factors such as supply chain efficiency, brand reputation, and the ability to adapt to consumer trends, particularly the growing demand for sustainable and traceable seafood.

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 US shrimp market is expected to continue its upward trajectory, driven by increasing consumer demand for seafood and health-conscious dietary choices. Growth will be supported by both wild-caught and farmed shrimp sectors.

Advances in aquaculture technology and practices will play a crucial role in meeting the rising demand. Enhanced sustainability measures and improved farming techniques will bolster production capacity and reduce environmental impact.

Consumers and regulators will continue to prioritize sustainability, pushing companies to adopt eco-friendly practices and obtain certifications. This shift will drive growth in sustainably farmed shrimp and improve overall market perception.

The demand for convenience will lead to an increased market share for value-added shrimp products, such as pre-cooked, marinated, and breaded shrimp. These products will cater to busy consumers seeking quick meal solutions.

The expansion of online grocery platforms and food delivery services will enhance accessibility and convenience for consumers, driving higher shrimp sales through digital channels. E-commerce will become a significant distribution avenue.

Technological advancements in shrimp farming, including automation and monitoring systems, will improve efficiency and production yields. Innovations will also focus on enhancing the traceability and quality of shrimp products.

US shrimp suppliers will explore opportunities in emerging markets and international trade to diversify their customer base and increase market reach. This expansion will help mitigate domestic market saturation.

The industry will face evolving regulatory standards, particularly related to environmental sustainability and food safety. Companies will need to adapt to these regulations to maintain compliance and market access.

As consumers become more educated about seafood sourcing and quality, there will be a greater emphasis on transparency and traceability. This trend will drive demand for verified sustainable and high-quality shrimp products.

The competitive landscape will intensify as both established players and new entrants vie for market share. Companies will need to differentiate themselves through innovation, quality, and sustainability to maintain a competitive edge.

CHAPTER NO. 1 : INTRODUCTION 14

1.1.1. Report Description 14

Purpose of the Report 14

USP & Key Offerings 14

1.1.2. Key Benefits for Stakeholders 14

1.1.3. Target Audience 15

1.1.4. Report Scope 15

CHAPTER NO. 2 : EXECUTIVE SUMMARY 16

2.1. U.S. Shrimp Market Snapshot 16

2.1.1. U.S. Shrimp Market, 2018 – 2032 (Kilo Tons) (USD Million) 18

2.2. Insights from Primary Respondents 19

CHAPTER NO. 3 : U.S. SHRIMP MARKET – INDUSTRY ANALYSIS 20

3.1. Introduction 20

3.2. Market Drivers 21

3.2.1. Driving Factor 1 Analysis 21

3.2.2. Driving Factor 2 Analysis 22

3.3. Market Restraints 23

3.3.1. Restraining Factor Analysis 23

3.4. Market Opportunities 24

3.4.1. Market Opportunity Analysis 24

3.5. Porter’s Five Forces Analysis 25

CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 26

4.1. Company Market Share Analysis – 2023 26

4.1.1. U.S. Shrimp Market: Company Market Share, by Volume, 2023 26

4.1.2. U.S. Shrimp Market: Company Market Share, by Revenue, 2023 27

4.1.3. U.S. Shrimp Market: Top 6 Company Market Share, by Revenue, 2023 27

4.1.4. U.S. Shrimp Market: Top 3 Company Market Share, by Revenue, 2023 27

4.2. U.S. Shrimp Market Company Volume Market Share, 2023 29

4.3. U.S. Shrimp Market Company Revenue Market Share, 2023 30

4.4. Company Assessment Metrics, 2023 31

4.4.1. Stars 31

4.4.2. Emerging Leaders 31

4.4.3. Pervasive Players 31

4.4.4. Participants 31

4.5. Start-ups /SMEs Assessment Metrics, 2023 31

4.5.1. Progressive Companies 31

4.5.2. Responsive Companies 31

4.5.3. Dynamic Companies 31

4.5.4. Starting Blocks 31

4.6. Strategic Developments 32

4.6.1. Acquisitions & Mergers 32

New Product Launch 32

Regional Expansion 32

4.7. Key Players Product Matrix 33

CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 34

5.1. PESTEL 34

5.1.1. Political Factors 34

5.1.2. Economic Factors 34

5.1.3. Social Factors 34

5.1.4. Technological Factors 34

5.1.5. Environmental Factors 34

5.1.6. Legal Factors 34

5.2. Adjacent Market Analysis 34

CHAPTER NO. 6 : U.S. SHRIMP MARKET – BY OTHERSSEGMENT ANALYSIS 35

6.1. U.S. Shrimp Market Overview, by OthersSegment 35

6.1.1. U.S. Shrimp Market Volume Share, By Species, 2023 & 2032 36

6.1.2. U.S. Shrimp Market Revenue Share, By Species, 2023 & 2032 36

6.1.3. U.S. Shrimp Market Attractiveness Analysis, By Species 37

6.1.4. Incremental Revenue Growth Opportunity, by Species, 2024 – 2032 37

6.1.5. U.S. Shrimp Market Revenue, By Species, 2018, 2023, 2027 & 2032 38

6.2. L. vannamei 39

6.3. Trachipenaeus curvirostris 40

6.4. Pleoticus muelleri 41

6.5. Acetes japonicus 42

6.6. Others 43

CHAPTER NO. 7 : U.S. SHRIMP MARKET – BY SOURCE SEGMENT ANALYSIS 44

7.1. U.S. Shrimp Market Overview, by Source Segment 44

7.1.1. U.S. Shrimp Market Volume Share, By Source, 2023 & 2032 45

7.1.2. U.S. Shrimp Market Revenue Share, By Source, 2023 & 2032 45

7.1.3. U.S. Shrimp Market Attractiveness Analysis, By Source 46

7.1.4. Incremental Revenue Growth Opportunity, by Source, 2024 – 2032 46

7.1.5. U.S. Shrimp Market Revenue, By Source, 2018, 2023, 2027 & 2032 47

7.2. Wild 48

7.3. Aquaculture 49

CHAPTER NO. 8 : U.S. SHRIMP MARKET – BY FORM SEGMENT ANALYSIS 50

8.1. U.S. Shrimp Market Overview, by Form Segment 50

8.1.1. U.S. Shrimp Market Volume Share, By Form, 2023 & 2032 51

8.1.2. U.S. Shrimp Market Revenue Share, By Form, 2023 & 2032 51

8.1.3. U.S. Shrimp Market Attractiveness Analysis, By Form 52

8.1.4. Incremental Revenue Growth Opportunity, by Form, 2024 – 2032 52

8.1.5. U.S. Shrimp Market Revenue, By Form, 2018, 2023, 2027 & 2032 53

8.2. Green/ Head-off 54

8.3. Green/ Head-on 55

8.4. Peeled 56

8.5. Breaded 57

8.6. Others 58

CHAPTER NO. 9 : U.S. SHRIMP MARKET – BY DISTRIBUTION CHANNEL SEGMENT ANALYSIS 59

9.1. U.S. Shrimp Market Overview, by Distribution Channel Segment 59

9.1.1. U.S. Shrimp Market Volume Share, By Distribution Channel, 2023 & 2032 60

9.1.2. U.S. Shrimp Market Revenue Share, By Distribution Channel, 2023 & 2032 60

9.1.3. U.S. Shrimp Market Attractiveness Analysis, By Distribution Channel 61

9.1.4. Incremental Revenue Growth Opportunity, by Distribution Channel, 2024 – 2032 61

9.1.5. U.S. Shrimp Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 62

9.2. Hypermarkets & Supermarkets 63

9.2.1. U.S. Hypermarkets & Supermarkets U.S. Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 64

9.2.2. U.S. Hypermarkets & Supermarkets U.S. Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 65

9.3. Convenience Stores 66

9.4. Specialty Stores 67

9.5. Online 68

9.6. Others 69

CHAPTER NO. 10 : COMPANY PROFILES 70

10.1. Admiralty Island Fisheries Inc 70

10.1.1. Company Overview 70

10.1.2. Product Portfolio 70

10.1.3. Swot Analysis 70

10.1.4. Business Strategy 70

10.1.5. Financial Overview 71

10.2. Beaver Street Fisheries 72

10.3. Dulcich Inc. 72

10.4. Gulf Shrimp Co. LLC 72

10.5. Pacific American Fish Company Inc. 72

10.6. Paul Piazza & Son Inc. 72

10.7. Sysco Corporation 72

10.8. The American Shrimp Company 72

CHAPTER NO. 11 : RESEARCH METHODOLOGY 73

11.1. Research Methodology 73

11.1.1. Phase I – Secondary Research 74

11.1.2. Phase II – Data Modeling 74

Company Share Analysis Model 75

Revenue Based Modeling 75

11.1.3. Phase III – Primary Research 76

11.1.4. Research Limitations 77

Assumptions 77

List of Figures

FIG NO. 1. U.S. Shrimp Market Volume & Revenue, 2018 – 2032 (Kilo Tons) (USD Million) 19

FIG NO. 2. Porter’s Five Forces Analysis for U.S. Shrimp Market 26

FIG NO. 3. Company Share Analysis, 2023 27

FIG NO. 4. Company Share Analysis, 2023 28

FIG NO. 5. Company Share Analysis, 2023 28

FIG NO. 6. Company Share Analysis, 2023 28

FIG NO. 7. U.S. Shrimp Market – Company Volume Market Share, 2023 30

FIG NO. 8. U.S. Shrimp Market – Company Revenue Market Share, 2023 31

FIG NO. 9. U.S. Shrimp Market Volume Share, By Species, 2023 & 2032 37

FIG NO. 10. U.S. Shrimp Market Revenue Share, By Species, 2023 & 2032 37

FIG NO. 11. Market Attractiveness Analysis, By Species 38

FIG NO. 12. Incremental Revenue Growth Opportunity by Species, 2024 – 2032 38

FIG NO. 13. U.S. Shrimp Market Revenue, By Species, 2018, 2023, 2027 & 2032 39

FIG NO. 14. U.S. Shrimp Market for L. vannamei, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 40

FIG NO. 15. U.S. Shrimp Market for Trachipenaeus curvirostris, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 41

FIG NO. 16. U.S. Shrimp Market for Pleoticus muelleri, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 42

FIG NO. 17. U.S. Shrimp Market for Acetes japonicus, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 43

FIG NO. 18. U.S. Shrimp Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 44

FIG NO. 19. U.S. Shrimp Market Volume Share, By Source, 2023 & 2032 46

FIG NO. 20. U.S. Shrimp Market Revenue Share, By Source, 2023 & 2032 46

FIG NO. 21. Market Attractiveness Analysis, By Source 47

FIG NO. 22. Incremental Revenue Growth Opportunity by Source, 2024 – 2032 47

FIG NO. 23. U.S. Shrimp Market Revenue, By Source, 2018, 2023, 2027 & 2032 48

FIG NO. 24. U.S. Shrimp Market for Wild, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 49

FIG NO. 25. U.S. Shrimp Market for Aquaculture, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 50

FIG NO. 26. U.S. Shrimp Market Volume Share, By Form, 2023 & 2032 52

FIG NO. 27. U.S. Shrimp Market Revenue Share, By Form, 2023 & 2032 52

FIG NO. 28. Market Attractiveness Analysis, By Form 53

FIG NO. 29. Incremental Revenue Growth Opportunity by Form, 2024 – 2032 53

FIG NO. 30. U.S. Shrimp Market Revenue, By Form, 2018, 2023, 2027 & 2032 54

FIG NO. 31. U.S. Shrimp Market for Green/ Head-off, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 55

FIG NO. 32. U.S. Shrimp Market for Green/ Head-on, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 56

FIG NO. 33. U.S. Shrimp Market for Peeled, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 57

FIG NO. 34. U.S. Shrimp Market for Breaded, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 58

FIG NO. 35. U.S. Shrimp Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 59

FIG NO. 36. U.S. Shrimp Market Volume Share, By Distribution Channel, 2023 & 2032 61

FIG NO. 37. U.S. Shrimp Market Revenue Share, By Distribution Channel, 2023 & 2032 61

FIG NO. 38. Market Attractiveness Analysis, By Distribution Channel 62

FIG NO. 39. Incremental Revenue Growth Opportunity by Distribution Channel, 2024 – 2032 62

FIG NO. 40. U.S. Shrimp Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 63

FIG NO. 41. U.S. Shrimp Market for Hypermarkets & Supermarkets, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 64

FIG NO. 42. U.S. Shrimp Market for Convenience Stores, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 67

FIG NO. 43. U.S. Shrimp Market for Specialty Stores, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 68

FIG NO. 44. U.S. Shrimp Market for Online, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 69

FIG NO. 45. U.S. Shrimp Market for Others, Volume & Revenue (Kilo Tons) (USD Million) 2018 – 2032 70

FIG NO. 46. Research Methodology – Detailed View 74

FIG NO. 47. Research Methodology 75

List of Tables

TABLE NO. 1. : U.S. Shrimp Market: Snapshot 17

TABLE NO. 2. : Drivers for the U.S. Shrimp Market: Impact Analysis 22

TABLE NO. 3. : Restraints for the U.S. Shrimp Market: Impact Analysis 24

TABLE NO. 4. : U.S. Hypermarkets & Supermarkets U.S. Shrimp Market Volume & Revenue, By Region, 2018 – 2023 (Kilo Tons) (USD Million) 65

TABLE NO. 5. : U.S. Hypermarkets & Supermarkets U.S. Shrimp Market Volume & Revenue, By Region, 2024 – 2032 (Kilo Tons) (USD Million) 66

Frequently Asked Questions:

What is the projected growth of the US Shrimp Market?

The US Shrimp Market is projected to grow from USD 12,454.17 million in 2023 to USD 20,318.90 million by 2032, reflecting a CAGR of 5.56% from 2024 to 2032.

What are the main drivers behind the growth of the US Shrimp Market?

Key drivers include increasing consumer health consciousness, rising demand for protein-rich diets, and the expansion of online food delivery and ready-to-cook seafood products

Which regions are leading in shrimp consumption in the US?

The Southern and Western regions lead in shrimp consumption, primarily due to their proximity to coastal areas and traditional seafood culinary practices.

What role do sustainability and traceability play in the US Shrimp Market?

Sustainability and traceability are crucial as they enhance consumer confidence and drive demand, with the industry focusing on eco-friendly practices and transparent sourcing.

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