Friday, May 26, 2023

Global Shrimp Industry Market Report 2023-2029

 Aquaculture is the fastest growing form of food production in the world. ?Shrimp dominate aquaculture production by value, consequently shrimp aquaculture is one of the fastest-growing forms of aquaculture.

According to our (Global Info Research) latest study, the global Shrimp market size was valued at USD 55240 million in 2022 and is forecast to a readjusted size of USD 75650 million by 2029 with a CAGR of 4.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Shrimp key players include Minh Phu Seafood Corp, Santa Priscila, Expalsa, Zhanjiang Guolian, Omarsa, etc. Global top five manufacturers hold a share over 5%.

SEA is the largest market, with a share about 35%, followed by China, and South America, both have a share over 40 percent.
In terms of product, Whiteleg Shrimp is the largest segment, with a share nearly 75%. And in terms of application, the largest application is Household, followed by Restaurant and Hotel.

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This report is a detailed and comprehensive analysis for global Shrimp market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Market segment by Type
Whiteleg Shrimp
Giant Tiger Prawn
Akiami Paste Shrimp
Other

Market segment by Application
Household
Restaurant and Hotel

Major players covered
Minh Phu Seafood Corp
Thai Union
Santa Priscila
Expalsa
Zhanjiang Guolian
Pescanova
Omarsa
Songa
Iberconsa
Conarpesa
Royal Greenland A/S
ProExpo
Quoc Viet
Devi Fisheries
The Liberty Group
Nekkanti Sea Foods

The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Shrimp

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

Market Segmentation
Shrimp market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by region, regional analysis covers North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Shrimp product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Shrimp, with price, sales, revenue and global market share of Shrimp from 2018 to 2023.

Chapter 3, the Shrimp competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Shrimp breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Shrimp market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Shrimp.

Chapter 14 and 15, to describe Shrimp sales channel, distributors, customers, research findings and conclusion.

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