Shrimps Market Growth, Analysis, Industry Trends, Forecast 2030


Posted May 20, 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
 
"Shrimps Market: Maximize Market Research Pvt Ltd Report Offers Comprehensive Industry Overview and Future Projections"

Anticipated Growth in Revenue:

The Shrimps Market was valued at USD 44.52 Bn. in 2023 and is expected to reach USD 77.29 Bn. by 2030, at a CAGR of 8.2% during the forecast period.

Shrimps Market Overview

The objective of this research is to conduct a comprehensive examination of the Shrimps market, delving into its components, applications, industries, and geographical aspects. It aims to furnish detailed insights into the key drivers shaping the growth trajectory of the Shrimps sector. Additionally, the study endeavors to offer a meticulous scrutiny of the market's value chain.

Shrimps Market Scope and Methodology:

The methodology employed to evaluate and predict the trajectory of the Shrimps market commences with the collection of revenue data from prominent suppliers through secondary research channels. In delineating market segmentation, vendor offerings are duly taken into account. Employing the bottom-up approach, the revenue streams of leading corporations were leveraged to gauge the overall magnitude of the Shrimps market.

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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 , shrimps market industry
Last Updated May 20, 2024