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Shrimp Market, By Source Type, By Species, By Form, By End-use Industry, By Distribution Channel, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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    Report

  • 188 Pages
  • December 2022
  • Region: Global
  • Coherent Market Insights Pvt Ltd.
  • ID: 5714429
Shrimps are increasingly gaining popularity among consumers worldwide. The consumption of shrimp is associated with various health benefits, as it has a 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 the growth of the global shrimps market.

Market Dynamics

Due to shrimp's high nutritional content and low-fat protein, customer demand for it is rising. Additionally, consumers are going through a "nutrition transition" by switching from a carbohydrate diet to one that contains more proteins, driven by strong economic growth and increased prosperity. As a result, shrimp farmers worldwide are implementing new production methods that are better than the traditional ones, safeguard the environment, and boost shrimp production all year round.

In 2021, shrimp sales is expected to grow by value, compared to the previous year owing to increased sales through the on-trade channel, which rose by 23.83% from 2020 to 2021. This was also because around 70% of people in countries like the U.S., China, Malaysia, India, and others prefer to dine out to consume seafood. At the same time, rising disposable incomes is another major factor that has further driven sales. The on-trade channel accounted for a significant share of more than 60% in 2021, because after the easing of pandemic-related lockdowns, sales rose by 23.83% in 2021 compared to the previous year.

The online channel is projected to be the fastest-growing channel with a value CAGR of 9.24% during the forecast period 2022-2030 Sales through online channels were bolstered by 116.16% from 2019 to 2020 due to the COVID-19 pandemic, as offline stores were closed and people were restricted from stepping out of their homes. Major online stores like Amazon, Walmart, The Kroger Co., and others have launched more products with Aquaculture Stewardship Council certification, which has increased online seafood purchases to 57% in 2021.

Key Features of the Study:

  • This report provides in-depth analysis of the global shrimp market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
  • It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global shrimp market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study 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.
  • Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global shrimp market report caters to various stakeholders in this industry including investors, suppliers, extruded aluminum profiles manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global 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 Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Italy
  • France
  • Spain
  • Russia
  • Rest of Europe
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • South Korea
  • Australia
  • Rest of Asia Pacific
  • Middle East & Africa
  • Middle East
  • Africa

Company Profile

  • 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 Objectives 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
  • Publisher Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
  • Market Dynamics
  • Drivers
  • Restraints
  • PEST Analysis
  • PORTER’s Five Forces Analysis
  • Market Opportunities
  • Regulatory Scenario
  • Key Developments
  • Industry Trend
4. Global Shrimp Market - Impact of Coronavirus (COVID-19) Pandemic
  • Overview
  • Factors Affecting Global Shrimp Market - COVID-19
  • Impact Analysis
5. Global Shrimp Market, By Source Type, 2017-2030 (US$ Billion)
  • Introduction
  • Market Share Analysis, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • Cold Water Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Hot Water Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
6. Global Shrimp Market, By Species, 2017-2030 (US$ Billion)
  • Introduction
  • Market Share Analysis, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • Gulf Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Farmed Whiteleg Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Banded Coral Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Giant Tiger Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Blue Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Ocean Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Royal Red Shrimps
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
7. Global Shrimp Market, By Form, 2017-2030 (US$ Billion)
  • Introduction
  • Market Share Analysis, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • Frozen
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Canned
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Peeled
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Cooked
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Shell-On
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
8. Global Shrimp Market, By End use Industry, 2017-2030 (US$ Billion)
  • Introduction
  • Market Share Analysis, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • Food
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Cosmetics
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Pharmaceutical
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Biotechnology and Life Sciences
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
9. Global Shrimp Market, By Distribution Channel, 2017-2030 (US$ Billion)
  • Introduction
  • Market Share Analysis, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, 2017 - 2030
  • Segment Trends
  • Hypermarket
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Supermarket
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Convenience Stores
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Specialty Stores
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Online
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
10. Global Shrimp Market, By Region, 2017-2030 (US$ Billion)
  • Introduction
  • Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
  • Y-o-Y Growth Analysis, For Region, 2017 - 2030
  • North America
  • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Source Type, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Species, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Form, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By End use Industry, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Distribution Channel, 2017- 2030 (US$ Billion)
  • Countries
  • U.S.
  • Canada
  • Latin America
  • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Source Type, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Species, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Form, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By End use Industry, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Distribution Channel, 2017- 2030 (US$ Billion)
  • Countries
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Source Type, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Species, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Form, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By End use Industry, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Distribution Channel, 2017- 2030 (US$ Billion)
  • Countries
  • France
  • Germany
  • Italy
  • Spain
  • U.K.
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Source Type, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Species, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Form, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By End use Industry, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Distribution Channel, 2017- 2030 (US$ Billion)
  • Countries
  • China
  • India
  • Japan
  • ASEAN
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Middle East & Africa
  • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
  • Y-o-Y Growth Analysis, By Country, 2017 - 2030
  • Market Size and Forecast, By Source Type, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Species, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Form, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By End use Industry, 2017- 2030 (US$ Billion)
  • Market Size and Forecast, By Distribution Channel, 2017- 2030 (US$ Billion)
  • Countries
  • Middle East
  • Africa
11. Competitive Landscape
  • Heat Map Analysis
  • Market Share Analysis (3x3 Matrix)
  • Company Profiles
  • Cargill Inc.
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
  • 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
12. Section
  • References
  • Research Methodology
  • About Us and Sales Contact

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cargill Inc.
  • 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