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Organic shrimp is one of the key products of the aquaculture market. It is being cultivated under the controlled environment to increase the production for commercial purpose. Organic shrimp is lot in demand within the seafood segment owing to the taste and nutritional benefits it offers. It is considered to be a rich source of selenium, iodine, and other nutrients, which are helpful in keeping heart healthy.
The organic shrimp market is expected to experience growth due to rise in consumption & demand for nutritional rich seafood and gaining popularity of aqua farming practices.
Change in the taste and preferences of the people, rise in health concerns, change in lifestyle, and increase in number of restaurants worldwide offer multiple cuisines. This contributes toward the growth of the organic shrimp market.
Increase in demand for ready-to-go meals and seafood snacks is expected to boost the growth of organic shrimp market.
However, change in the climatic conditions like temperature, acidity of water of oceans, and oxygen level affect their cultivation directly or indirectly and eventually can hamper the growth of the market.
The global organic shrimp market trends are as follows:
The major players of the organic shrimp market are focusing on enhancing the quality of the packaging of the products to improve their shelf life and to protect the integrity of shrimps. Such measures are being taken for more profitable gains and to strengthen their position in the market.
Asia-Pacific accounts for one- third of the organic shrimps market and is expected exhibit growth during the forecast period. This is due to rise in awareness among people regarding the advantages of consumption of organic food and growth in demand for ready to eat packaged food. The appropriate climatic conditions and availability of labor at cheaper rates also makes the region a potential market for organic shrimps.
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Questions Answered in the Organic Shrimp Market Research Report:
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