Press release
Shrimps Market Poised to be Valued at USD 77.29 Billion by 2030, Growing at a 8.2 % CAGR
Forecast Increase in Revenue:
was valued at USD 44.52 Bn. in 2023 and is expected to reach USD 77.29 Bn. by 2030, at a CAGR of 8.2% during the forecast period.
Shrimps Market Overview:
The global shrimps market is experiencing robust growth, driven by increasing consumer demand for seafood due to its nutritional benefits, including high protein and low fat content. Shrimp is widely consumed in both fresh and processed forms across the world, with its use spanning from household meals to restaurants and food service industries. The market is also supported by advances in aquaculture, which has boosted shrimp production, making it more accessible to consumers globally. Additionally, the rising popularity of ready-to-cook and frozen shrimp products is expanding its market reach.
𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐉𝐮𝐬𝐭 𝐚 𝐂𝐥𝐢𝐜𝐤 𝐀𝐰𝐚𝐲! https://www.maximizemarketresearch.com/request-sample/93121/
Drivers in the Shrimps Market:
The primary drivers of the shrimps market include growing awareness of the health benefits of seafood, the expanding global population, and rising disposable incomes, especially in developing countries. Increased consumption of protein-rich diets is pushing consumers toward shrimp as a healthier option. Furthermore, advancements in shrimp farming and aquaculture technologies are helping meet rising demand, while supportive government policies and international trade agreements are facilitating growth in shrimp exports.
Shrimps Market Trends:
Key trends in the shrimp market include the rising demand for sustainably sourced and certified organic shrimp, as consumers become more environmentally conscious. There is also an increasing preference for value-added shrimp products, such as ready-to-eat and frozen varieties, which cater to the growing convenience food segment. Technological innovations in aquaculture, including improved disease management and breeding practices, are enhancing shrimp production. Additionally, traceability and transparency in the shrimp supply chain are becoming more important to meet consumer expectations.
𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞: https://www.maximizemarketresearch.com/request-sample/93121/
Shrimps Market Opportunities:
The shrimp market presents significant opportunities, particularly in developing regions with favorable aquaculture conditions, such as Southeast Asia and Latin America. These regions are expanding their shrimp production capacities to cater to both domestic and export markets. The growing demand for organic and sustainably farmed shrimp also offers opportunities for premium product offerings. Additionally, technological advancements in shrimp farming, including automation and water quality management, provide further opportunities to increase efficiency and profitability in the market.
What is Shrimps Market Regional Insight?
Asia-Pacific dominates the global shrimps market, with countries like China, India, Thailand, and Vietnam being major producers and exporters due to their well-established aquaculture industries. North America and Europe are key importers of shrimp, driven by high consumer demand for seafood. In these regions, sustainably sourced and premium shrimp products are gaining popularity. Latin America, particularly Ecuador and Mexico, is also emerging as a significant player in shrimp production and export, benefiting from favorable climatic conditions and government support for aquaculture expansion.
𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/93121/
Segmentation Analysis of the Shrimps Market
By Product Type
Fresh Shrimp
Frozen Shrimp
Canned Shrimp
Breaded or Value-Added Shrimp Products
Dried or Dehydrated Shrimp
Cooked or Precooked Shrimp
By Species
Whiteleg Shrimp
Black Tiger Shrimp
Pacific White Shrimp
Northern Pink Shrimp
Brown Shrimp Rock Shrimp
By Application
Food
Pharmaceutical
Cosmetics
Industrial
Biotechnology
Other
By Distribution Channel
Retail Stores
Online Retail Platforms
Direct Sales
Who is the largest manufacturers of Shrimps Market worldwide?
Asia-Pacific:
1. Thai Union Group (Thailand)
2. Charoen Pokphand Foods (Thailand)
3. Minh Phu Seafood Corporation (Vietnam)
4. Nissui Group (Japan)
5. Zhanjiang Guolian Aquatic Products (China)
6. Godrej Agrovet Limited (India)
7. Devi Seafoods (India)
North America:
8. Clearwater Seafoods (Canada)
9. High Liner Foods (Canada)
10. Red Chamber Group (Canada)
11. CenSea (United States)
12. American Seafoods (United States)
13. Pacific Seafood (United States)
14. SeaPak Shrimp & Seafood Co. (United States)
Europe:
15. Royal Greenland (Denmark)
16. Pescanova (Spain)
17. Lerøy Seafood Group (Norway)
South America:
18. Omarsa (Ecuador)
19. Songa (Ecuador)
20. Camanor Produtos Marinhos (Brazil)
21. Camanchaca (Chile)
22. Australis Seafoods (Chile)
𝐆𝐞𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐎𝐧 𝐓𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.maximizemarketresearch.com/market-report/global-shrimps-market/93121/
Key Offerings:
Past Market Size and Competitive Landscape
Shrimps Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Shrimps Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
About Us
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
was valued at USD 44.52 Bn. in 2023 and is expected to reach USD 77.29 Bn. by 2030, at a CAGR of 8.2% during the forecast period.
Shrimps Market Overview:
The global shrimps market is experiencing robust growth, driven by increasing consumer demand for seafood due to its nutritional benefits, including high protein and low fat content. Shrimp is widely consumed in both fresh and processed forms across the world, with its use spanning from household meals to restaurants and food service industries. The market is also supported by advances in aquaculture, which has boosted shrimp production, making it more accessible to consumers globally. Additionally, the rising popularity of ready-to-cook and frozen shrimp products is expanding its market reach.
𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐉𝐮𝐬𝐭 𝐚 𝐂𝐥𝐢𝐜𝐤 𝐀𝐰𝐚𝐲! https://www.maximizemarketresearch.com/request-sample/93121/
Drivers in the Shrimps Market:
The primary drivers of the shrimps market include growing awareness of the health benefits of seafood, the expanding global population, and rising disposable incomes, especially in developing countries. Increased consumption of protein-rich diets is pushing consumers toward shrimp as a healthier option. Furthermore, advancements in shrimp farming and aquaculture technologies are helping meet rising demand, while supportive government policies and international trade agreements are facilitating growth in shrimp exports.
Shrimps Market Trends:
Key trends in the shrimp market include the rising demand for sustainably sourced and certified organic shrimp, as consumers become more environmentally conscious. There is also an increasing preference for value-added shrimp products, such as ready-to-eat and frozen varieties, which cater to the growing convenience food segment. Technological innovations in aquaculture, including improved disease management and breeding practices, are enhancing shrimp production. Additionally, traceability and transparency in the shrimp supply chain are becoming more important to meet consumer expectations.
𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞: https://www.maximizemarketresearch.com/request-sample/93121/
Shrimps Market Opportunities:
The shrimp market presents significant opportunities, particularly in developing regions with favorable aquaculture conditions, such as Southeast Asia and Latin America. These regions are expanding their shrimp production capacities to cater to both domestic and export markets. The growing demand for organic and sustainably farmed shrimp also offers opportunities for premium product offerings. Additionally, technological advancements in shrimp farming, including automation and water quality management, provide further opportunities to increase efficiency and profitability in the market.
What is Shrimps Market Regional Insight?
Asia-Pacific dominates the global shrimps market, with countries like China, India, Thailand, and Vietnam being major producers and exporters due to their well-established aquaculture industries. North America and Europe are key importers of shrimp, driven by high consumer demand for seafood. In these regions, sustainably sourced and premium shrimp products are gaining popularity. Latin America, particularly Ecuador and Mexico, is also emerging as a significant player in shrimp production and export, benefiting from favorable climatic conditions and government support for aquaculture expansion.
𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/93121/
Segmentation Analysis of the Shrimps Market
By Product Type
Fresh Shrimp
Frozen Shrimp
Canned Shrimp
Breaded or Value-Added Shrimp Products
Dried or Dehydrated Shrimp
Cooked or Precooked Shrimp
By Species
Whiteleg Shrimp
Black Tiger Shrimp
Pacific White Shrimp
Northern Pink Shrimp
Brown Shrimp Rock Shrimp
By Application
Food
Pharmaceutical
Cosmetics
Industrial
Biotechnology
Other
By Distribution Channel
Retail Stores
Online Retail Platforms
Direct Sales
Who is the largest manufacturers of Shrimps Market worldwide?
Asia-Pacific:
1. Thai Union Group (Thailand)
2. Charoen Pokphand Foods (Thailand)
3. Minh Phu Seafood Corporation (Vietnam)
4. Nissui Group (Japan)
5. Zhanjiang Guolian Aquatic Products (China)
6. Godrej Agrovet Limited (India)
7. Devi Seafoods (India)
North America:
8. Clearwater Seafoods (Canada)
9. High Liner Foods (Canada)
10. Red Chamber Group (Canada)
11. CenSea (United States)
12. American Seafoods (United States)
13. Pacific Seafood (United States)
14. SeaPak Shrimp & Seafood Co. (United States)
Europe:
15. Royal Greenland (Denmark)
16. Pescanova (Spain)
17. Lerøy Seafood Group (Norway)
South America:
18. Omarsa (Ecuador)
19. Songa (Ecuador)
20. Camanor Produtos Marinhos (Brazil)
21. Camanchaca (Chile)
22. Australis Seafoods (Chile)
𝐆𝐞𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐎𝐧 𝐓𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.maximizemarketresearch.com/market-report/global-shrimps-market/93121/
Key Offerings:
Past Market Size and Competitive Landscape
Shrimps Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Shrimps Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Explore our top-performing reports on the latest trends:
Solar Trash Compactors Market https://www.maximizemarketresearch.com/market-report/global-solar-trash-compactors-market/90079/
Industrial Laminating Machines Market https://www.maximizemarketresearch.com/market-report/industrial-laminating-machines-market/123549/
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Paper drying systems market https://www.maximizemarketresearch.com/market-report/paper-drying-systems-market/148689/
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
About Us
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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