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Shrimp Market by Type (Pink, Brown, White, and Others), Source (Cold Water and Hot Water), Form (Frozen and Canned), End Use (Residential and Commercial), and Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, and Online Sales Channel): Global Opportunity Analysis and Industry Forecast 2021–2027

A10848
Pages: 321
Apr 2021 | 312 Views
 
Author(s) : Aniket Kadam , Roshan Deshmukh
Tables: 175
Charts: 61
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The shrimp market size was valued at $31.6 billion in 2019, and is estimated to reach $54.6 billion by 2027, registering a CAGR of 9.2% from 2021 to 2027. 

Shrimp is a small invertebrate found in all marine ecosystem. Shrimps are essential components of the marine food web. Larger shrimp species are sought by commercial fisheries for human consumption. Some shrimp species are raised in aquaculture in tropical areas. They are omnivorous animals, which consume a wide range of plant and animal species. Conversely, they are natural prey for a variety of predators due to their small size and abundance.

Shrimp-Market

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The market is segmented into type, source, form, end use, distribution channel, and region. On the basis of type, the market is categorized into pink, brown, white, and others. Depending on source, it is segregated into cold water and hot water. By form, it is bifurcated into frozen and canned. As per end use, it is divided into residential and commercial. According to distribution channel, it is fragmented into hypermarkets & supermarkets, convenience stores, specialty stores, and online sales channel. Region wise, the shrimp market analysis is done across North America, Europe, Asia-Pacific, and LAMEA.

By type, the white shrimp segment garnered the highest shrimp market share in 2019, as white shrimps can be stocked for a longer period and have a better feed-to-growth ratio. Depending on the basis of source, the cold water shrimp segment is expected to dominate the market in the coming years. This is attributed to the nutritional properties of cold water shrimps, for instance, it is a rich source of omega-3. 

Shrimp Market
By type

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White segment is expected to grow at highest CAGR of 10.4% during the forecast period

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According to form of shrimp, the frozen shrimps segment held the largest market share in 2019, as the shelf life of frozen shrimps is significantly long. On the basis of end use, the commercial segment is anticipated to dominate the market with highest share during 2027. This is attributed to increase in number of hotels and restaurants for seafood. Depending on the basis of distribution channel, the specialty stores segment led the market in 2019. This is attributed to the fact that specialty stores offer options such as discounts as well as the benefit of immediate gratification. Region wise, Asia-Pacific is expected to dominate the market according to shrimp market forecast. The rich nutritional profile and associated health benefits are a significant factors driving the consumption of shrimps in Asia-Pacific. 

Shrimp Market
By Source

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Cold Water segment is expected to grow at highest CAGR of 9.8% during the forecast period.

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Shrimp is a rich source of protein, selenium, and vitamin B12. In addition, they have high concentration of phosphorous and iron. Furthermore, several initiatives have been taken by governments in developing areas for technology upgradation to improve input from shrimp farms, which are expected to assist the small-scale industry and help the underprivileged population involved in the industry's development process, thereby propelling the shrimp market growth.

The major factors and shrimp market trends that drive the growth of the shrimp market include easy availability of shrimps and their high nutritional content. As one of the most traded species of seafood, they are an essential components of various cuisines. One of the major trends observed is the expansion of the food industry as a result of rise in demand for ready-to-eat food items. Furthermore, rapid urbanization and a shift in food habits notably contribute toward the growth of the global market. Moreover, rise in global demand for shrimp has boosted shrimp imports, thereby augmenting the market growth. In addition, surge in disposable incomes, rise in health consciousness among consumers, and improvement in living standards are some of the other primary factors driving the demand for shrimps.

Shrimp Market
By Form

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Frozen segment is expected to grow at highest CAGR of 9.7% during the forecast period.

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Shrimp is widely used in the pharmaceutical and cosmetic industries, in addition to the food industry. This is attributed to the fact that shrimp finds its application as anti-aging and sunscreen products, as it contains astaxanthin—a carotenoid that is a powerful antioxidant, which can significantly reduce the signs of ageing caused due to ultraviolet A (UVA) rays and sunlight. In addition, it increases the likelihood of skin beautification and the removal of scars from time-worn faces. Furthermore, it is used in shampoos, as it contains minerals such as zinc that help to reduce hair loss. Thus, major cosmetics manufacturers intend to use shrimp in their products, owing to multiple benefits associated with it, thereby propelling the growth of the global market.

Asian countries such as China, India, Indonesia, Bangladesh, the Philippines, Thailand, and Vietnam account for a large market share by creating shrimp market opportunities, resulting in Asian countries dominating the market. However, consumption of shrimp is rapidly increasing in developed regions such as North America and Europe.

Shrimp Market
By End Use

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Commercial segment is expected to grow at highest CAGR of 10.1% during the forecast period.

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Because of the popularity of shrimp among consumers, the market is gaining traction in North America and Europe. Shrimp is a high source of vitamins, proteins, and minerals, so the health-conscious population in North America and Europe is eager to incorporate more shrimp products into their diets. Despite high demand, North America and Europe have stable shrimp supplies due to import dominance of the market. Approximately 80% of the shrimp consumed domestically in North America and Europe is imported.

China, India, Indonesia, Ecuador, Costa Rica, Columbia, and Thailand account for the vast majority of shrimp imported into North America and Europe. As a result, despite high demand and low production, shrimp is a thriving market in North America and Europe due to large import volumes of shrimp from around the world.

Shrimp Market
By Distribution Channel

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Specialty Stores segment is expected to grow at highest CAGR of 10.8% during the forecast period.

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The outbreak of the COVID-19 pandemic had a significant impact on the foodservice industry, with business activity dropping by 80–90%. Retail sales of shrimp increased significantly in many markets as a result of pandemic-related lockdown, curfews, and other distance control measures. Lockdown across all major regions have led to travel restrictions, which have seriously affected distribution channel structure of the shrimp industry. The COVID-19 pandemic had significantly reduced global shrimp production in 2020, with global demand for fresh and frozen shrimp declining significantly. Furthermore, coronavirus is likely to continue its impact on the aquaculture industry and market during the forecast period.

The prominent industry participants include Aqua Star Corp., Mazzetta Company LLC., Thai Union Group, Nordic Seafood A/S, Surapon Foods, Clearwater Seafoods Inc., High Liner Foods Inc., Avanti Feeds Ltd., The Waterbase Ltd., and Wild Oceans Pty Ltd.

Shrimp Market
By Regions

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific dominates the market and is expected to grow at highest CAGR of 10.3% during the forecast period.

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Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global shrimp market from 2021 to 2027 to identify the prevailing market opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global industry. 
  • The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players.
  • The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies.

Key Market Segments

By Type

  • Pink
  • Brown
  • White
  • Others

By Source

  • Cold Water
  • Hot Water

By Form

  • Frozen
  • Canned

By End Use 

  • Residential 
  • Commercial 

By Distribution Channel

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Sales Channel

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe 
    • UK
    • France
    • Netherlands
    • Germany
    • Turkey
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • United Arab Emirates
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments

1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study

2.2.Key findings

2.2.1.Top investment pockets

2.3.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope

3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market share analysis/top player positioning, 2019

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increased production of shrimp due to health benefits
3.5.1.2.Contract farming initiatives by exporters
3.5.1.3.Growing research activities and the launch of new products

3.5.2.Restraints

3.5.2.1.An environmental degradation and seed problems
3.5.2.2.Lack of availability of aqua-feed ingredients

3.5.3.Opportunity

3.5.3.1.Increasing demand for ready-to-eat food items
3.5.3.2.Several initiatives undertaken by government for technology upgradation

3.6.Value chain analysis
3.7.Impact of Covid-19
3.8.Impact of key regulation

3.9.Case study of a successful company through effective strategies

3.9.1.Introduction

3.9.2.Growth Strategy

3.9.2.1.SUSTAINABLE ORGANIC SALES VOLUME GROWTH
3.9.2.2.ACQUISITION OF FROZEN SEAFOOD BUSINESSES

3.10.Top 10 countries exporting shrimp ($Billion)
3.11.Top 10 countries importing shrimp ($Billion)

CHAPTER 4:SHRIMP MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Pink

4.2.1.Overview
4.2.2.Key market trends, growth factors, and opportunities
4.2.3.Market size and forecast

4.3.Brown

4.3.1.Overview
4.3.2.Key market trends, growth factors, and opportunities
4.3.3.Market size and forecast

4.4.White

4.4.1.Overview
4.4.2.Key market trends, growth factors, and opportunities
4.4.3.Market size and forecast

4.5.Others

4.5.1.Overview
4.5.2.Key market trends, growth factors, and opportunities
4.5.3.Market size and forecast

CHAPTER 5:SHRIMP MARKET, BY SOURCE

5.1.Overview

5.1.1.Market size and forecast

5.2.Cold water

5.2.1.Overview
5.2.2.Key market trends, growth factors, and opportunities
5.2.3.Market size and forecast

5.3.Hot Water

5.3.1.Overview
5.3.2.Key market trends, growth factors, and opportunities
5.3.3.Market size and forecast

CHAPTER 6:SHRIMP MARKET, BY FORM

6.1.Overview

6.1.1.Market size and forecast

6.2.Frozen

6.2.1.Overview
6.2.2.Key market trends, growth factors, and opportunities
6.2.3.Market size and forecast

6.3.Canned

6.3.1.Overview
6.3.2.Key market trends, growth factors, and opportunities
6.3.3.Market size and forecast

CHAPTER 7:SHRIMP MARKET, BY END USE

7.1.Overview

7.1.1.Market size and forecast

7.2.Residential

7.2.1.Overview
7.2.2.Key market trends, growth factors, and opportunities
7.2.3.Market size and forecast

7.3.Commercial

7.3.1.Overview
7.3.2.Key market trends, growth factors, and opportunities
7.3.3.Market size and forecast

CHAPTER 8:SHRIMP MARKET, BY DISTRIBUTION CHANNEL

8.1.Overview

8.1.1.Market size and forecast

8.2.Hypermarkets & Supermarket

8.2.1.Overview
8.2.2.Key market trends, growth factors, and opportunities
8.2.3.Market size and forecast

8.3.Convenience store

8.3.1.Overview
8.3.2.Key market trends, growth factors, and opportunities
8.3.3.Market size and forecast

8.4.Specialty stores

8.4.1.Overview
8.4.2.Key market trends, growth factors, and opportunities
8.4.3.Market size and forecast

8.5.Online Sales Channel

8.5.1.Overview
8.5.2.Key market trends, growth factors, and opportunities
8.5.3.Market size and forecast

CHAPTER 9:SHRIMP MARKET, BY REGION

9.1.Overview

9.1.1.Market size and forecast

9.2.North America

9.2.1.Overview
9.2.2.Key market trends, growth factors, and opportunities
9.2.3.Market size and forecast, by type
9.2.4.Market size and forecast, by source
9.2.5.Market size and forecast, by form
9.2.6.Market size and forecast, by end use
9.2.7.Market size and forecast, by distribution channel

9.2.8.Market size and forecast, by country

9.2.8.1.U.S.

9.2.8.1.1.Market size and forecast, by type
9.2.8.1.2.Market size and forecast, by source
9.2.8.1.3.Market size and forecast, by form
9.2.8.1.4.Market size and forecast, by end use
9.2.8.1.5.Market size and forecast, by distribution channel

9.2.8.2.Canada

9.2.8.2.1.Market size and forecast, by type
9.2.8.2.2.Market size and forecast, by source
9.2.8.2.3.Market size and forecast, by form
9.2.8.2.4.Market size and forecast, by end use
9.2.8.2.5.Market size and forecast, by distribution channel

9.2.8.3.Mexico

9.2.8.3.1.Market size and forecast, by type
9.2.8.3.2.Market size and forecast, by source
9.2.8.3.3.Market size and forecast, by form
9.2.8.3.4.Market size and forecast, by end use
9.2.8.3.5.Market size and forecast, by distribution channel

9.3.Europe

9.3.1.Overview
9.3.2.Key market trends, growth factors, and opportunities
9.3.3.Market size and forecast, by type
9.3.4.Market size and forecast, by source
9.3.5.Market size and forecast, by form
9.3.6.Market size and forecast, by end use
9.3.7.Market size and forecast, by distribution channel

9.3.8.Market size and forecast, by country

9.3.8.1.UK

9.3.8.1.1.Market size and forecast, by type
9.3.8.1.2.Market size and forecast, by source
9.3.8.1.3.Market size and forecast, by form
9.3.8.1.4.Market size and forecast, by end use
9.3.8.1.5.Market size and forecast, by distribution channel

9.3.8.2.France

9.3.8.2.1.Market size and forecast, by type
9.3.8.2.2.Market size and forecast, by source
9.3.8.2.3.Market size and forecast, by form
9.3.8.2.4.Market size and forecast, by end use
9.3.8.2.5.Market size and forecast, by distribution channel

9.3.8.3.Netherlands

9.3.8.3.1.Market size and forecast, by type
9.3.8.3.2.Market size and forecast, by source
9.3.8.3.3.Market size and forecast, by form
9.3.8.3.4.Market size and forecast, by end use
9.3.8.3.5.Market size and forecast, by distribution channel

9.3.8.4.Germany

9.3.8.4.1.Market size and forecast, by type
9.3.8.4.2.Market size and forecast, by source
9.3.8.4.3.Market size and forecast, by form
9.3.8.4.4.Market size and forecast, by end use
9.3.8.4.5.Market size and forecast, by distribution channel

9.3.8.5.Turkey

9.3.8.5.1.Market size and forecast, by type
9.3.8.5.2.Market size and forecast, by source
9.3.8.5.3.Market size and forecast, by form
9.3.8.5.4.Market size and forecast, by end use
9.3.8.5.5.Market size and forecast, by distribution channel

9.3.8.6.Rest of Europe

9.3.8.6.1.Market size and forecast, by type
9.3.8.6.2.Market size and forecast, by source
9.3.8.6.3.Market size and forecast, by form
9.3.8.6.4.Market size and forecast, by end use
9.3.8.6.5.Market size and forecast, by distribution channel

9.4.Asia-Pacific

9.4.1.Overview
9.4.2.Key market trends, growth factors, and opportunities
9.4.3.Market size and forecast, by type
9.4.4.Market size and forecast, by source
9.4.5.Market size and forecast, by form
9.4.6.Market size and forecast, by end use
9.4.7.Market size and forecast, by distribution channel

9.4.8.Market size and forecast, by country

9.4.8.1.China

9.4.8.1.1.Market size and forecast, by type
9.4.8.1.2.Market size and forecast, by source
9.4.8.1.3.Market size and forecast, by form
9.4.8.1.4.Market size and forecast, by end use
9.4.8.1.5.Market size and forecast, by distribution channel

9.4.8.2.Japan

9.4.8.2.1.Market size and forecast, by type
9.4.8.2.2.Market size and forecast, by source
9.4.8.2.3.Market size and forecast, by form
9.4.8.2.4.Market size and forecast, by end use
9.4.8.2.5.Market size and forecast, by distribution channel

9.4.8.3.India

9.4.8.3.1.Market size and forecast, by type
9.4.8.3.2.Market size and forecast, by source
9.4.8.3.3.Market size and forecast, by form
9.4.8.3.4.Market size and forecast, by end use
9.4.8.3.5.Market size and forecast, by distribution channel

9.4.8.4.South Korea

9.4.8.4.1.Market size and forecast, by type
9.4.8.4.2.Market size and forecast, by source
9.4.8.4.3.Market size and forecast, by form
9.4.8.4.4.Market size and forecast, by end use
9.4.8.4.5.Market size and forecast, by distribution channel

9.4.8.5.Australia

9.4.8.5.1.Market size and forecast, by type
9.4.8.5.2.Market size and forecast, by source
9.4.8.5.3.Market size and forecast, by form
9.4.8.5.4.Market size and forecast, by end use
9.4.8.5.5.Market size and forecast, by distribution channel

9.4.8.6.Rest of Asia-Pacific

9.4.8.6.1.Market size and forecast, by type
9.4.8.6.2.Market size and forecast, by source
9.4.8.6.3.Market size and forecast, by form
9.4.8.6.4.Market size and forecast, by end use
9.4.8.6.5.Market size and forecast, by distribution channel

9.5.LAMEA

9.5.1.Overview
9.5.2.Key market trends, growth factors, and opportunities
9.5.3.Market size and forecast, by type
9.5.4.Market size and forecast, by source
9.5.5.Market size and forecast, by form
9.5.6.Market size and forecast, by end use
9.5.7.Market size and forecast, by distribution channel

9.5.8.Market size and forecast, by country

9.5.8.1.Brazil

9.5.8.1.1.Market size and forecast, by type
9.5.8.1.2.Market size and forecast, by source
9.5.8.1.3.Market size and forecast, by form
9.5.8.1.4.Market size and forecast, by end use
9.5.8.1.5.Market size and forecast, by distribution channel

9.5.8.2.South Africa

9.5.8.2.1.Market size and forecast, by type
9.5.8.2.2.Market size and forecast, by source
9.5.8.2.3.Market size and forecast, by form
9.5.8.2.4.Market size and forecast, by end use
9.5.8.2.5.Market size and forecast, by distribution channel

9.5.8.3.United Arab Emirates

9.5.8.3.1.Market size and forecast, by type
9.5.8.3.2.Market size and forecast, by source
9.5.8.3.3.Market size and forecast, by form
9.5.8.3.4.Market size and forecast, by end use
9.5.8.3.5.Market size and forecast, by distribution channel

9.5.8.4.Rest of LAMEA

9.5.8.4.1.Market size and forecast, by type
9.5.8.4.2.Market size and forecast, by source
9.5.8.4.3.Market size and forecast, by form
9.5.8.4.4.Market size and forecast, by end use
9.5.8.4.5.Market size and forecast, by distribution channel

CHAPTER 10:COMPETITION LANDSCAPE

10.1.Top winning strategies
10.2.Product mapping
10.3.Competitive dashboard
10.4.Competitive heat map

10.5.Key developments

10.5.1.Agreement
10.5.2.Collaboration

CHAPTER 11:COMPANY PROFILES

11.1.AQUA STAR CORP.

11.1.1.Company overview
11.1.2.Key Executives
11.1.3.Company snapshot
11.1.4.Product portfolio

11.2.AVANTI FEEDS LTD.

11.2.1.Company overview
11.2.2.Key Executives
11.2.3.Company snapshot
11.2.4.Product portfolio
11.2.5.Business performance

11.3.CLEARWATER SEAFOODS INC.

11.3.1.Company overview
11.3.2.Key Executives
11.3.3.Company snapshot
11.3.4.Product portfolio
11.3.5.Business performance

11.4.HIGH LINER FOODS INC.

11.4.1.Company overview
11.4.2.Key executive
11.4.3.Company snapshot
11.4.4.Operating business segments
11.4.5.Product portfolio
11.4.6.Business performance

11.5.MAZZETTA COMPANY, LLC

11.5.1.Company overview
11.5.2.Key Executives
11.5.3.Company snapshot
11.5.4.Product portfolio

11.6.NORDIC SEAFOODS A/S

11.6.1.Company overview
11.6.2.Key Executives
11.6.3.Company snapshot
11.6.4.Product portfolio

11.7.SURAPON FOODS

11.7.1.Company overview
11.7.2.Key Executives
11.7.3.Company snapshot
11.7.4.Product portfolio

11.8.THAI UNION GROUP

11.8.1.Company overview
11.8.2.Key Executives
11.8.3.Company snapshot
11.8.4.Operating business segments
11.8.5.Product portfolio
11.8.6.Business performance

11.9.THE WATERBASE LTD.

11.9.1.Company overview
11.9.2.Key Executives
11.9.3.Company snapshot
11.9.4.Product portfolio
11.9.5.Business performance

11.10.WILD OCEANS PTY LTD.

11.10.1.Company overview
11.10.2.Company snapshot
11.10.3.Product portfolio

LIST OF TABLES

TABLE 01.SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 02.PINK SHRIMP MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 03.BROWN SHRIMP MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 04.WHITE SHRIMP MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 05.OTHERS SHRIMP MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 06.SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 07.COLD WATER SHRIMP MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 08.HOT WATER SHRIMP MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 09.SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 10.FROZEN SHRIMP MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 11.CANNED SHRIMP MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 12.SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 13.SHRIMP MARKET REVENUE FOR RESIDENTIAL, BY REGION, 2019–2027 ($BILLION)
TABLE 14.SHRIMP MARKET REVENUE FOR COMMERCIAL, BY REGION, 2019–2027 ($BILLION)
TABLE 15.SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 16.SHRIMP MARKET REVENUE FOR HYPERMARKETS & SUPERMARKET, BY REGION, 2019–2027 ($BILLION)
TABLE 17.SHRIMP MARKET REVENUE FOR CONVENIENCE STORE, BY REGION, 2019–2027 ($BILLION)
TABLE 18.SHRIMP MARKET REVENUE FOR SPECIALTY STORES, BY REGION, 2019–2027 ($BILLION)
TABLE 19.SHRIMP MARKET REVENUE FOR ONLINE SALES CHANNEL, BY REGION, 2019–2027 ($BILLION)
TABLE 20.SHRIMP MARKET, BY REGION, 2019–2027 ($BILLION)
TABLE 21.NORTH AMERICA SHRIMP MARKET, BY TYPE, 2019–2027 ($BILLION)
TABLE 22.NORTH AMERICA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 23.NORTH AMERICA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 24.NORTH AMERICA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 25.NORTH AMERICA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 26.NORTH AMERICA SHRIMP MARKET REVENUE, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 27.U.S. SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 28.U.S. SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 29.U.S. SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 30.U.S. SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 31.U.S. SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 32.CANADA SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 33.CANADA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 34.CANADA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 35.CANADA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 36.CANADA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 37.MEXICO SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 38.MEXICO SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 39.MEXICO SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 40.MEXICO SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 41.MEXICO SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 42.EUROPE SHRIMP MARKET, BY TYPE, 2019–2027 ($BILLION)
TABLE 43.EUROPE SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 44.EUROPE SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 45.EUROPE SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 46.EUROPE SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 47.EUROPE SHRIMP MARKET REVENUE, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 48.UK SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 49.UK SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 50.UK SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 51.UK SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 52.UK SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 53.FRANCE SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 54.FRANCE SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 55.FRANCE SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 56.FRANCE SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 57.FRANCE SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 58.NETHERLANDS SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 59.NETHERLANDS SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 60.NETHERLANDS SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 61.NETHERLANDS SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 62.NETHERLANDS SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 63.GERMANY SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 64.GERMANY SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 65.GERMANY SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 66.GERMANY SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 67.GERMANY SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 68.TURKEY SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 69.TURKEY SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 70.TURKEY SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 71.TURKEY SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 72.TURKEY SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 73.REST OF EUROPE SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 74.REST OF EUROPE SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 75.REST OF EUROPE SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 76.REST OF EUROPE SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 77.REST OF EUROPE SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 78.ASIA-PACIFIC SHRIMP MARKET, BY TYPE, 2019–2027 ($BILLION)
TABLE 79.ASIA-PACIFIC SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 80.ASIA-PACIFIC SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 81.ASIA-PACIFIC SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 82.ASIA-PACIFIC SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 83.ASIA-PACIFIC SHRIMP MARKET REVENUE, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 84.CHINA SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 85.CHINA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 86.CHINA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 87.CHINA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 88.CHINA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 89.JAPAN SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 90.JAPAN SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 91.JAPAN SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 92.JAPAN SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 93.JAPAN SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 94.INDIA SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 95.INDIA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 96.INDIA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 97.INDIA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 98.INDIA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 99.SOUTH KOREA SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 100.SOUTH KOREA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 101.SOUTH KOREA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 102.SOUTH KOREA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 103.SOUTH KOREA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 104.AUSTRALIA SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 105.AUSTRALIA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 106.AUSTRALIA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 107.AUSTRALIA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 108.AUSTRALIA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 109.REST OF ASIA-PACIFIC SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 110.REST OF ASIA-PACIFIC SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 111.REST OF ASIA-PACIFIC SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 112.REST OF ASIA-PACIFIC SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 113.REST OF ASIA-PACIFIC SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 114.LAMEA SHRIMP MARKET, BY TYPE, 2019–2027 ($BILLION)
TABLE 115.LAMEA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 116.LAMEA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 117.LAMEA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 118.LAMEA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 119.LAMEA SHRIMP MARKET REVENUE, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 120.BRAZIL SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 121.BRAZIL SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 122.BRAZIL SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 123.BRAZIL SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 124.BRAZIL SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 125.SOUTH AFRICA SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 126.SOUTH AFRICA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 127.SOUTH AFRICA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 128.SOUTH AFRICA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 129.SOUTH AFRICA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 130.UNITED ARAB EMIRATES SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 131.UNITED ARAB EMIRATES SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 132.UNITED ARAB EMIRATES SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 133.UNITED ARAB EMIRATES SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 134.UNITED ARAB EMIRATES SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 135.REST OF LAMEA SHRIMP MARKET REVENUE, BY TYPE, 2019–2027 ($BILLION)
TABLE 136.REST OF LAMEA SHRIMP MARKET REVENUE, BY SOURCE, 2019–2027 ($BILLION)
TABLE 137.REST OF LAMEA SHRIMP MARKET REVENUE, BY FORM, 2019–2027 ($BILLION)
TABLE 138.REST OF LAMEA SHRIMP MARKET REVENUE, BY END USE, 2019–2027 ($BILLION)
TABLE 139.REST OF LAMEA SHRIMP MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 140.AQUA STAR CORP: KEY EXECUTIVES
TABLE 141.AQUA STAR CORP: COMPANY SNAPSHOT
TABLE 142.AQUA STAR CORP: PRODUCT PORTFOLIO
TABLE 143.AVANTI FEEDS LTD.: KEY EXECUTIVES
TABLE 144.AVANTI FEEDS LTD.: COMPANY SNAPSHOT
TABLE 145.AVANTI FEEDS LTD.: PRODUCT PORTFOLIO
TABLE 146.AVANTI FEEDS LTD.: REVENUE, 2017–2019 ($MILLION)
TABLE 147.CLEARWATER SEAFOODS INCORPORATED: KEY EXECUTIVES
TABLE 148.CLEARWATER SEAFOODS INC.: COMPANY SNAPSHOT
TABLE 149.CLEARWATER SEAFOODS INC.: PRODUCT PORTFOLIO
TABLE 150.CLEARWATER SEAFOODS INC.: NET SALES, 2017–2019 ($MILLION)
TABLE 151.HIGH LINER FOODS INC.: KEY EXECUTIVE
TABLE 152.HIGH LINER FOODS INC.: COMPANY SNAPSHOT
TABLE 153.HIGH LINER FOODS INC.: OPERATING SEGMENTS
TABLE 154.HIGH LINER FOODS INC.: PRODUCT PORTFOLIO
TABLE 155.HIGH LINER FOODS INC.: REVENUE, 2017–2019 ($MILLION)
TABLE 156.MAZZETTA COMPANY, LLC: KEY EXECUTIVE
TABLE 157.MAZZETTA COMPANY, LLC: COMPANY SNAPSHOT
TABLE 158.MAZZETTA COMPANY, LLC: PRODUCT PORTFOLIO
TABLE 159.NORDIC SEAFOODS A/S, LLC: KEY EXECUTIVES
TABLE 160.NORDIC SEAFOODS A/S: COMPANY SNAPSHOT
TABLE 161.NORDIC SEAFOODS A/S: PRODUCT PORTFOLIO
TABLE 162.SURAPON FOODS: KEY EXECUTIVES
TABLE 163.SURAPON FOODS: COMPANY SNAPSHOT
TABLE 164.SURAPON FOODS: PRODUCT PORTFOLIO
TABLE 165.THAI UNION GROUP: KEY EXECUTIVES
TABLE 166.THAI UNION GROUP: COMPANY SNAPSHOT
TABLE 167.THAI UNION GROUP: OPERATING SEGMENTS
TABLE 168.THAI UNION GROUP: PRODUCT PORTFOLIO
TABLE 169.THAI UNION GROUP: NET SALES, 2017–2019 ($BILLION)
TABLE 170.THE WATERBASE LTD: KEY EXECUTIVES
TABLE 171.THE WATERBASE LTD: COMPANY SNAPSHOT
TABLE 172.THE WATERBASE LTD: PRODUCT PORTFOLIO
TABLE 173.THE WATERBASE LTD: NET SALES, 2017–2019 ($MILLION)
TABLE 174.WILD OCEANS PTY LTD.: COMPANY SNAPSHOT
TABLE 175.WILD OCEANS PTY LTD.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENT
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE BARGAINING POWER OF BUYERS
FIGURE 07.MODERATE THREAT OF SUBSTITUTIONS
FIGURE 08.HIGH THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING, 2019
FIGURE 11.SHRIMP MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 12.SHRIMP MARKET, BY TYPE, 2019 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF PINK SHRIMP MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF BROWN SHRIMP MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF WHITE SHRIMP MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF OTHERS SHRIMP MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.SHRIMP MARKET, BY SOURCE, 2019 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF COLD WATER SHRIMP MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF HOT WATER SHRIMP MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.SHRIMP MARKET, BY FORM, 2019 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF FROZEN SHRIMP MARKET REVENUE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF CANNED SHRIMP MARKET REVENUE, BY COUNTRY,  2020 & 2027 (%)
FIGURE 23.SHRIMP MARKET, BY END USE, 2019 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF SHRIMP MARKET REVENUE FOR RESIDENTIAL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF SHRIMP MARKET REVENUE FOR COMMERCIAL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.SHRIMP MARKET, BY DISTRIBUTION CHANNEL, 2019 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF SHRIMP MARKET REVENUE FOR HYPERMARKETS & SUPERMARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF GLOBAL SHRIMP MARKET REVENUE FOR CONVENIENCE STORE, BY COUNTRY, 20219 & 2027 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF GLOBAL SHRIMP MARKET REVENUE FOR SPECIALTY STORES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF GLOBAL SHRIMP MARKET REVENUE FOR ONLINE SALES CHANNEL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 31.SHRIMP MARKET, BY REGION, 2019 (%)
FIGURE 32.U.S. SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 33.CANADA SHRIMPMARKET, 2019–2027 ($BILLION)
FIGURE 34.MEXICO SHRIMPMARKET, 2019–2027 ($BILLION)
FIGURE 35.UK SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 36.FRANCE SHRIMPMARKET, 2019–2027 ($BILLION)
FIGURE 37.NETHERLANDS SHRIMPMARKET, 2019–2027 ($BILLION)
FIGURE 38.GERMANY SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 39.TURKEY SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 40.REST OF EUROPE SHRIMP MARKET REVENUE, 2019–2027 ($BILLION)
FIGURE 41.CHINA SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 42.JAPAN SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 43.INDIA SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 44.SOUTH KOREA SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 45.AUSTRALIA SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 46.REST OF ASIA-PACIFIC SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 47.BRAZIL SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 48.SOUTH AFRICA SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 49.UNITED ARAB EMIRATES SHRIMP MARKET, 2019–2027 ($BILLION)
FIGURE 50.REST OF LAMEA SHRIMPMARKET, 2019–2027 ($BILLION)
FIGURE 51.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 52.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021 (%)
FIGURE 53.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021
FIGURE 54.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 55.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 56.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 57.AVANTI FEEDS LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 58.CLEARWATER SEAFOODS INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 59.HIGH LINER FOODS INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 60.THAI UNION GROUP: NET SALES, 2017–2019 ($BILLION)
FIGURE 61.THE WATERBASE LTD: NET SALES, 2017–2019 ($MILLION)

 
 

Shrimp is one of the common and popular types of seafood, which is consumed globally. It can be found both in shallow and deep water, as well as in freshwater lakes and streams. It is a rich source of in calcium, iodine, vitamin D, vitamin B3, zinc, proteins, and omega-3 fatty acids, but low in saturated fats. Thus, it provides numerous health benefits, such as it improves bone & brain health, reduces weight, lowers the risk of cardiovascular diseases, alleviates eye fatigue, and lowers blood pressure.

The consumption of shrimp has been steadily increasing, especially in countries such as India and China, due to organized retail chains across Asia-Pacific. Moreover, given that demand for seafood products is elastic, a continuous increase in the number of consumers with higher disposable income is expected to have a positive impact on the growth of the market.

However, the factors such as lack of availability of aquafeed ingredients environmental degradation; and seed issues such as high seed rates, unavailability of seeds from research institutes, insufficient supply of hatchery seeds, mixed seeds, and dishonest methods of counting seeds are expected to restrict the growth of the shrimp market during the forecast period.

Furthermore, the outbreak of the COVID-19 pandemic has severely affected the demand for shrimp in international and domestic market during 2020. During the first quarter of 2020, most of the celebrations, events, and public gatherings were cancelled in shrimp-consuming countries, globally. In particular, the impacts of COVID-19 are serious in restaurant and hospitality industries following the lockdown measures.

 
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A. The global shrimp market size was valued at $31.6 billion in 2019, and is estimated to reach $54.6 billion by 2027, registering a CAGR of 9.2% from 2021 to 2027. The growth of the global shrimp market is majorly driven by increase in demand for shrimps among health-conscious consumers.

A. The CAGR of Shrimp Market is 9.2% forecasted from 2021 to 2027. Shift in food habits toward consumption of healthier food products, such as seafood, which is regarded as rich source of animal proteins, is expected to drive growth of the global market during the forecast period.

A. The sample report of global shrimp market is available on Allied Market Research website on request.

A. The top companies in the global shrimp market include Aqua Star Corp., Mazzetta Company LLC., Thai Union Group, Nordic Seafood A/S, Surapon Foods, Clearwater Seafoods Inc., High Liner Foods Inc., Avanti Feeds Ltd., the Waterbase Ltd., and Wild Oceans Pty Ltd.

A. The shrimp market is segmented on the basis of type, source, form, end use, distribution channel, and region. On the basis of type, the market is categorized into pink, brown, white, and others. Depending on the source, it is segregated into cold water and hot water. By form, it is bifurcated into frozen and canned. As per end use, it is divided into residential and commercial. According to distribution channel, it is divided into hypermarkets & supermarkets, convenience stores, specialty stores, and online sales channel. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

A. The base year calculated in the Shrimp Market report is 2019.

A. The major current trends are – Increased production of shrimp due to health benefits, Contract farming initiatives by exporters, growing research activities and launch of new products, increasing demand for ready-to-eat food items and several initiatives undertaken by government for technology upgradation. All these major current trends will shape the shrimp market in the future.

A. The Asia-Pacific market holds the maximum market share of the Global Shrimp Market. Shrimp has become a very large business and the global market is one of the most competitive in the world. It is characterized by regional companies in the Asia-Pacific region, targeting consumers seeking healthy, high-quality seafood products and multinational companies operating internationally.

A. An environmental degradation and lack of availability of aqua-feed ingredients are factors affecting the shrimp market

A. The COVID-19 pandemic severely dampened global shrimp production in 2020, with worldwide demand for fresh and frozen shrimp declining significantly. In Asia, early-season farming has slowed considerably, with a lower stock density and delayed stocking of ponds in most of the producing countries. As of early May 2020, pond stockings in India's largest Andhra state-produced white shrimp had decreased by 60% compared to the same period last year. The situation in the export processing sector was also severe. In addition to the shortage of raw materials in the producing countries, the social distancing rules and other control measures adopted to combat the COVID-19 pandemic continued to hinder the processing and shipment of existing import orders.

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