Shrimps Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2030


Posted May 31, 2024 by NilamMMR

The Asia Pacific region is home to some of the world's largest consumers of shrimp, including China, Japan, Vietnam, Thailand, and Indonesia
 
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Anticipated Growth in Revenue:

The Shrimps Market size was valued at US$ 2.67 Bn. in 2022 and revenue is expected to grow by 4.22% from 2023 to 2029, reaching nearly US$ 3.57 Bn.

Shrimps Market Overview

Maximize Market Research, a business consultancy firm, has published an in-depth analysis of the "Shrimps Market." The report encompasses essential business insights, demand analysis, pricing analysis, and an examination of the competitive landscape. It offers a comprehensive overview of the current state of the Shrimps Market through detailed analysis and future projections.

Shrimps Market Scope and Methodology:

This report provides an in-depth analysis of the Shrimps market across various regions and broad segmentation. It includes a definition, description, and forecast of the market, integrating both qualitative and quantitative research. Key market factors are examined, such as the competitive landscape, competitor profiles, sector analysis, economic impacts, valuable insights, market dynamics, and overall market evaluation.

The report offers a thorough examination of historical data, focusing on different market conditions and evaluating the factors influencing the market. These factors include drivers, constraints, opportunities, challenges, and emerging trends. It provides a comprehensive understanding of market potential, dynamics, growth opportunities, segmented markets, geographic scenarios, competitive analysis, and predictions based on robust methodology and assumptions. The study also features value chain analysis, PESTLE analysis, impact analysis, and PORTER's analysis, offering a complete picture of the market landscape.

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Product Type segment with the quickest growth :

The market is divided into five segments based on product type: dried or dehydrated shrimp, canned shrimp, frozen shrimp, fresh shrimp, and cooked or precooked shrimp. Throughout the course of the forecast period, the fresh shrimp sector is anticipated to maintain its dominant market share, having dominated the market in 2023. In order to preserve its quality and freshness, fresh shrimp is usually collected from aquaculture farms or captured in the wild and processed right away. The shrimp are graded, sorted, and packed for shipment right away after harvest. Customers that value flavor, freshness, and quality in their seafood purchases are drawn to fresh shrimp.

Shrimps Market Segmentation: The Art of Unveilingby Module

By Product Type

Fresh Shrimp
Frozen Shrimp
Canned Shrimp
Breaded or Value-Added Shrimp Products
Dried or Dehydrated Shrimp
Cooked or Precooked Shrimp

By Species

Whiteleg Shrimp
Black Tiger Shrimp
Pacific White Shrimp
Northern Pink Shrimp
Brown Shrimp Rock Shrimp

By Application

Food
Pharmaceutical
Cosmetics
Industrial
Biotechnology
Other

By Distribution Channel

Retail Stores
Online Retail Platforms
Direct Sales

Shrimps Market Key Players :

Asia-Pacific:

1. Thai Union Group (Thailand)
2. Charoen Pokphand Foods (Thailand)
3. Minh Phu Seafood Corporation (Vietnam)
4. Nissui Group (Japan)
5. Zhanjiang Guolian Aquatic Products (China)
6. Godrej Agrovet Limited (India)
7. Devi Seafoods (India)
North America:
8. Clearwater Seafoods (Canada)
9. High Liner Foods (Canada)
10. Red Chamber Group (Canada)
11. CenSea (United States)
12. American Seafoods (United States)
13. Pacific Seafood (United States)
14. SeaPak Shrimp & Seafood Co. (United States)

Europe:
15. Royal Greenland (Denmark)
16. Pescanova (Spain)
17. Lerøy Seafood Group (Norway)
South America:
18. Omarsa (Ecuador)
19. Songa (Ecuador)
20. Camanor Produtos Marinhos (Brazil)
21. Camanchaca (Chile)
22. Australis Seafoods (Chile)

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Shrimps Market Regional Insights

The report's regional analysis offers a deep dive into the Shrimps market across various countries, scrutinizing key factors like political climates, geographical nuances, and consumer purchasing patterns. These variables wield considerable influence over the Shrimps market dynamics, and the report meticulously elucidates their effects. Furthermore, comprehensive data on market dimensions, growth trajectories, and import-export activities across all regions are incorporated within the report.

Key Questions answered in the Shrimps Market Report are:

Which segment held the largest Shrimps market share?
Which segment is expected to grow at a high CAGR during the forecast period?
Who are the key players in the Shrimps industry?
Which Shrimps market segment is expected to grow rapidly during the forecast period?
What is the expected Shrimps market size?
What are the primary factors driving the growth of the Shrimps market?
Which region has the largest Shrimps market share?
What is the expected CAGR of the Shrimps market during the forecast period?
Key Offerings:

Past Market Size and Competitive Landscape
Historical Pricing and price curve by region
Market Size, Share, and Forecast by different segments | 2024-2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – Detailed analysis by segments with their sub-segments and region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional players
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s Analysis
Value chain and Supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Issued By MMR
Country India
Categories Food
Tags shrimps market trend , shrimps market size , shrimps market share , shrimps market growth , shrimps market demand
Last Updated May 31, 2024