Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Shrimp Market – Insights

Shrimps are classified as decapod crustaceans that play important roles in the food chain and are an important food source for larger animals ranging from fish to whales. Humans consume the muscular tails of several shrimp that are widely caught and farmed for consumption. Around 20% 0f the species are commercially significant that include Whiteleg, giant tiger prawn, akiami paste shrimp, southern rough shrimp, and others. Based on their categorization of presentation, grading, colour, and uniformity, most shrimp are sold frozen and marketed for high levels of omega-3 fatty acids and low levels of mercury along with proteins, vitamin A and B6, B12, C and E, thiamin, riboflavin, niacin, phosphorous, copper, choline, iodine, and astaxanthin. Furthermore, it has anti-inflammatory, anti-ageing, and anti-cancer properties. Chitosan from shrimp shells has a range of application in pharmaceuticals, agrochemicals, cosmetics, and in water treatments. Pigments such as carotenoids and astaxanthin are obtained from shrimp waste and is widely used in the pharmaceutical industry.

High nutritional benefits of shrimp along with increasing applications of chitosan and pigments obtained from shrimp are driving growth of the shrimp market. Moreover, growing consumption of seafood and increasing aquaculture industry are further fuelling growth of the shrimp market. For instance, according to United Nations Food and Agriculture Organization (UN FAO) survey in July 2016, the global per capita seafood consumption increased above 20 kg per person per year.

Asia Pacific dominated the market in 2016 and accounted for 36.56% share in the global shrimp market. Rising health awareness, high availability of shrimps at low price, and growing food service industry are some of the major factors supporting growth of the shrimp market in the region. Countries such as China, India, Vietnam, Indonesia, and Thailand are some of the major producers of shrimp worldwide. Further, growing aquaculture and marine capture production is also expected to boost growth of the Asia shrimp market over the forecast period. According to UN FAO, the total marine capture production was highest in China at 14,811,390 tons in 2014, which increased by 3.4% to 15,314,000 in 2015. China, followed by Indonesia, with total marine capture production of 6,016,525 tones, which increased by 0.2% to 6,028,260 tons in 2015. Further, according to FAO, in 2016, the Ministry of Agriculture and Rural Development in Vietnam, had reported the total production of black tiger shrimps in the Mekong Delta area to be 250,000 tones. These are the factors largely contributing to growth of shrimp market in Asia Pacific.

Global Shrimp Market Share, by Species, 2016 (%)

shrimp market

Source: Coherent Market Insights (2018)

Farmed whiteleg shrimps segment dominated the market in 2016 and is expected to maintain its dominance over the forecast period. It is widely used in shrimp salads and shrimp cocktail owing to its mild and sweet flavor. Further, giant tiger shrimps segment is anticipated to record a substantial growth in Western Europe and North America over the forecast period.

Food segment was the largest application segment in 2016, owing to growing demand from restaurants and fast food chains for shrimps along with rising popularity of frozen and canned shrimps. According to the UN FAO, the global aquaculture production of food fish was recorded to 73,681 thousand units in 2014. In addition, shrimps have high content of omega-3 fat including EPA (Eicosapentaenoic Acid) and DHA (Docosahexaenoic Acid), which aids in improving cardiovascular and nervous system health. Rising awareness regarding health benefits of consuming omega-3 ingredients and fish-oil as food supplement is anticipated to boost growth of the food segment over the forecast period.

Market players in the global shrimp market are adopting various strategies such as merger and acquisitions, collaborations, and new product launches to retain their market share. For instance, in February 2014, Marubeni Corporation acquired Eastern Fish Company. In June 2017, BioMar Group acquired 70% of Alimentsa for US$ 121 million; and in October 2014, Alkame Holdings, Inc. acquired High Country Shrimp Company. Also, in July 2017, Guangdong Bai Da Science & Technology launched BD shrimp brand in China.

Major players operating in the global shrimp market are Pacific Seafood, Morubel nv, Maruha Nichiro Corporation, The Clover Leaf Seafoods Family, Royal Greenland A/S, Rich Products Corporation, Thai Union Group PCL, Marvesta Shrimp Farms, Cargill, Incorporated, and Nippon Suisan Kaisha Ltd.

Shrimps are increasingly gaining popularity among consumers worldwide. The consumption of shrimp is associated with various health benefits, as it has high content of nutrients such as selenium, carotenoid and vitamin B12. Furthermore, a wide variety of shrimps are available in the global market including gulf shrimps, farmed whiteleg shrimps, banded coral shrimps, giant tiger shrimps, blue shrimps, ocean shrimps, and royal red shrimps. This in turn is aiding in growth of the global shrimps market.

Market Dynamics

Increasing demand for seafood along with growing aquaculture industry are the major factors, aiding in the market growth. According to the Food and Agriculture Organization of the United States (FAO), global aquaculture production of fish had increased to 44.1 % in 2014 from 42.1% in 2012 of total production. Further, benefits associated with shrimps consumption includes reduced risk of cardiovascular disease, weight management, and improved brain and bone health. These are the factors largely supporting growth of the global shrimp market.

Asia Pacific is projected to be the fastest growing region in the global shrimp market over the forecast period, owing to rising demand for high-quality and healthy seafood products. In addition to this, high shrimp aquaculture in China, Thailand, India, Indonesia, Vietnam, and Bangladesh is further aiding in the market growth. According to FAO, in 2016, with the growing shrimp aquaculture, India had become a leading exporter in international shrimp trade and was followed by Thailand, Indonesia and China.

Key features of the study:

  • This report provides in-depth analysis of the shrimp market, market size (US$ Billion), and Cumulative Annual Growth Rate (CAGR%) for the forecast period (2017–2025)
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
  • It profiles leading players in the global shrimp market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
  • The global shrimp market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, new entrants, and financial analysts
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the shrimp market

Detailed Segmentation:

  • Global Shrimp Market, By Source Type:
    • Cold Water Shrimps
    • Hot Water Shrimps
  • Global Shrimp Market, By Species:
    • Gulf Shrimps
    • Farmed Whiteleg Shrimps
    • Banded Coral Shrimps
    • Giant Tiger Shrimps
    • Blue Shrimps
    • Ocean Shrimps
    • Royal Red Shrimps
  • Global Shrimp Market, By Form:
    • Frozen
    • Canned
    • Peeled
    • Cooked
    • Shell-On
    • Others
  • Global Shrimp Market, By End-use Industry:
    • Food
    • Cosmetics
    • Pharmaceutical
    • Biotechnology and Life Sciences
    • Others
  • Global Shrimp Market, By Distribution Channel:
    • Hypermarket
    • Supermarket
    • Convenience Stores
    • Specialty Stores
    • Online
    • Others
  • Global Shrimp Market, By Geography:
    • North America
      • U.S.
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Canada
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
    • Europe
      • U.K.
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Germany
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Italy
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • France
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Spain
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Russia
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Rest of Europe
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
    • Asia Pacific
      • China
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • India
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Japan
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • ASEAN
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Australia
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • South Korea
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Rest of Asia Pacific
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
    • Latin America
      • Brazil
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Mexico
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Argentina
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Rest of Latin America
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
    • Africa
      • North Africa
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Central Africa
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • South Africa
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
    • Middle East
      • GCC
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Israel
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
      • Rest of Middle East
        • By Source Type:
          • Cold Water Shrimps
          • Hot Water Shrimps
        • By Species:
          • Gulf Shrimps
          • Farmed Whiteleg Shrimps
          • Banded Coral Shrimps
          • Giant Tiger Shrimps
          • Blue Shrimps
          • Ocean Shrimps
          • Royal Red Shrimps
        • By Form:
          • Frozen
          • Canned
          • Peeled
          • Cooked
          • Shell-On
          • Others
        • By End-use Industry:
          • Food
          • Cosmetics
          • Pharmaceutical
          • Biotechnology and Life sciences
          • Others
        • By Distribution Channel:
          • Hypermarket
          • Supermarket
          • Convenience Stores
          • Specialty Stores
          • Online
          • Others
  • Company Profiles
    • Cargill Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Nippon Suisan Kaisha Ltd.
    • Pacific Seafood
    • Morubel nv
    • Maruha Nichiro Corporation
    • The Clover Leaf Seafoods Family
    • Royal Greenland A/S
    • Rich Products Corporation
    • Thai Union Group PCL
    • Marvesta Shrimp Farms

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Source Type
      • Market Snippet By Species
      • Market Snippet By Form
      • Market Snippet By End-Use Industry
      • Market Snippet By Distribution Channel
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Shrimp Market, By Source Type, 2016- 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 - 2025
      • Segment Trends
    • Cold Water Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Hot Water Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
  5. Global Shrimp Market, By Species, 2016 - 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 - 2025
      • Segment Trends
    • Gulf Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Farmed Whiteleg Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Banded Coral Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Giant Tiger Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Blue Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Ocean Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Royal Red Shrimps
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
  6. Global Shrimp Market, By Form, 2016 - 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 - 2025
      • Segment Trends
    • Frozen
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Canned
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Peeled
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Cooked
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Shell-On
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
  7. Global Shrimp Market, By End-Use Industry, 2016 - 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 - 2025
      • Segment Trends
    • Food
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Cosmetics
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Pharmaceuticals
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Biotechnology and Life Sciences
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
  8. Global Shrimp Market, By Distribution Channel, 2016- 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 - 2025
      • Segment Trends
    • Hypermarket
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Supermarket
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Convenience Stores
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Online
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Specialty Stores
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2025, (USD Billion)
  9. Global Shrimp Market, By Region, 2016 - 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, By Region, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, For Regions, 2016 - 2025
    • North America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
    • Europe
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • France
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
    • Asia Pacific
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • China
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • India
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
    • Latin America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
    • Africa
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
    • Middle East
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 - 2025
        • GCC
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Source Type, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Species, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By End-Use Industry, 2016 - 2025 (USD Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 - 2025 (USD Billion)
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Cargill Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nippon Suisan Kaisha Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Pacific Seafood
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Morubel nv
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Maruha Nichiro Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The Clover Leaf Seafoods Family
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Royal Greenland A/S
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Rich Products Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Thai Union Group PCL
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Marvesta Shrimp Farms
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  11. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 110 market data tables* and 80 figures* on "Shrimp Market” - Global forecast to 2025.

Frequently Asked Questions

The global shrimp market is estimated to surpass US$ 60.18 Billion by 2025
Major players operating in the global shrimp market include Pacific Seafood, Morubel nv, Maruha Nichiro Corporation, The Clover Leaf Seafoods Family, Royal Greenland A/S, Rich Products Corporation, Thai Union Group PCL, Marvesta Shrimp Farms, Cargill, Incorporated, and Nippon Suisan Kaisha Ltd.
Among species, farmed white leg shrimp segment held a dominant position in the global shrimps market in 2016, followed by giant tiger shrimps segment.
Availability of shrimps at low price and growing awareness about high nutritional content of shrimps are some of the major factors that are expected to propel growth of the market over the forecast period.
The global shrimp market is estimated to exhibit a CAGR of 5.72% over the forecast period
Among regions, Asia Pacific held dominant position in the global shrimp market in 2016,accounting for 36.56% market share.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner