Global Crustaceans Market Trends and Insights
Rising Global Per-Capita Seafood Intake in Flexitarian Diets
Growing consumer preference for seafood as a healthy and sustainable protein source is supporting demand for crustaceans worldwide. According to the Food and Agriculture Organization's SOFIA 2026 report, global per capita availability of aquatic animal food increased to an estimated 21.3 kg in 2024, up from 20.7 kg in 2022, reflecting the continued expansion of seafood consumption across both developed and emerging markets. Increasing urbanization, rising disposable incomes, and the growing adoption of flexitarian diets are encouraging consumers to substitute red meat with seafood, particularly shrimp, crab, and other value-added crustacean products. Producers are responding by expanding ready-to-cook, peeled, and processed product offerings that improve convenience and support retail and foodservice demand. As global seafood consumption continues to rise, sustained demand for crustaceans is anticipated to support production, processing, and trade, driving long-term growth in the global crustaceans market.Expansion of Asia-Pacific Shrimp Aquaculture Capacity
Asia-Pacific continues to drive the growth of the global crustaceans market through sustained expansion of shrimp aquaculture and ongoing investments in production efficiency. According to the FAO's State of World Fisheries and Aquaculture (SOFIA) 2026, Asia accounted for 76% of global fisheries and aquaculture production in 2024, highlighting the region's central role in global aquatic food supply. Producers across major shrimp-producing countries are adopting improved breeding programs, automated feeding systems, enhanced biosecurity measures, and precision pond management to increase productivity and reduce production risks. At the same time, expanding production capacity in Latin America is strengthening export supply, while technological investments in Europe are supporting sustainable and high-value aquaculture production. These developments are improving production efficiency, enhancing supply resilience, and supporting long-term growth in the global crustaceans market.Disease Outbreaks in Aquaculture Ponds
Vietnam reported 15%-25% pond yield losses from White Spot Syndrome Virus in 2024, forcing emergency harvests that flooded spot markets and depressed mid-grade prices. Thailand logged 18 Early Mortality Syndrome events in Surat Thani during early 2025, prompting eight-week fallow periods that disrupted contract fulfillment. India’s Andhra Pradesh growers saw vannamei survival rates slip to 60% in late 2024 after WSSV flare-ups. Implementing pathogen-free post-larvae certifications and closed-loop intake systems adds USD 1,500-3,000 per hectare, a burden that smallholders struggle to absorb. Consequently, integrators with in-house hatcheries and veterinary labs expanded their footprint in the crustaceans market by acquiring distressed farms.Other drivers and restraints analyzed in the detailed report include:
- Increased Export Demand from Emerging Economies
- Technological Innovations in On-Board and On-Shore Processing
- High Price Volatility of Feed and Fuel
Segment Analysis
Complete Report Scope:
- By Geography
- North America
- United States
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Canada
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Mexico
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- United States
- Europe
- Germany
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- United Kingdom
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Russia
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- France
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Spain
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Italy
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Germany
- Asia-Pacific
- China
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- India
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Vietnam
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Bangladesh
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Philippines
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- China
- South America
- Brazil
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Chile
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Brazil
- Middle East
- Saudi Arabia
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- United Arab Emirates
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Turkey
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Saudi Arabia
- Africa
- Egypt
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Nigeria
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Kenya
- Production Analysis
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis & Forecast
- Regulatory Framework
- List of Key Players
- Logistics
- Seasonality Analysis
- Egypt
- North America
Geography Analysis
Asia-Pacific accounted for 59% of the crustaceans market value in 2025, supported by Vietnam, India, Thailand, China, and Bangladesh, which supply a significant share of globally traded farmed shrimp. Vietnam’s aquaculture production includes a significant volume of vannamei shrimp, with the majority exported to key markets such as the United States, European Union, Japan, and South Korea. India’s shrimp exports have shown substantial growth, although anti-dumping regulations are influencing a shift toward Gulf markets. In Indonesia, the adoption of automated feeders by eFishery has enhanced operational efficiency and highlighted the potential of digital tools in optimizing the crustaceans market.South America delivers the fastest 7.3% CAGR between 2026 and 2031, anchored by Ecuador’s white-shrimp monoculture and Brazil’s emerging vannamei farms. Ecuador experienced significant growth in shrimp exports in 2024, driven by expanded acreage in the Guayas and El Oro provinces and improved biosecurity measures that reduced disease incidence. Brazil's shrimp production showed notable performance, with a considerable portion exported to the European Union. Local producers are exploring pilot projects for Recirculating Aquaculture Systems (RAS) to address disease challenges in estuarine areas. Chile’s king crab fisheries continue to contribute significantly to the economy, although quota adjustments in 2025 have impacted growth despite strong demand from Asian markets.
North America accounts for a significant share of the global market value and is experiencing steady growth. The United States sources shrimp from multiple countries, with India, Ecuador, and Indonesia being key suppliers. Canada is a major exporter of lobster and continues to focus on improving oxygenated container technology to support live arrivals in East Asia. Europe holds a notable portion of the market value and is witnessing growth, supported by increasing certification penetration for imported shrimp. The Middle East and Africa collectively represent a smaller but growing share of the market. Saudi Arabia demonstrates strong demand for seafood, particularly shrimp, while Nigeria’s cold-chain infrastructure plays a crucial role in enabling market expansion beyond coastal areas. These varied regional growth drivers highlight the importance of flexible supply chain routing and tailored certifications within the crustaceans market.
List of Companies Covered in this Report:
- Market Overview
- Market Drivers
- Market Restraints
- Opportunities
- Challenges
- Value Chain Analysis
- Technologies and usage of AI in the Industry
- Input Market Analysis
- Distribution Channel Analysis
- Market Sentiment Analysis
- PESTLE Analysis
- Overview of the Competition
- Recent Developments
- Market Concentration Analysis
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

