The United States shrimp market market attained a volume of 827.05 KMT in 2024. The market is expected to grow at a CAGR of 2.40% during the forecast period of 2025-2034 to attain a volume of 1048.41 KMT by 2034.
Shrimp are widely imported and produced in the United States. The shrimp industry is growing domestically, especially in Texas and Alabama, although imports from Ecuador, Vietnam, and India still control the majority of the market. Due to its many health advantages, shrimp is still one of the most popular seafood options in the United States.
The United States is the second-largest consumer of shrimp after China. In the country, shrimps are among the most consumed seafood holding about 25%-30% of the entire seafood market in the country. In the United States, the majority of the shrimp is imported from South Asian and Latin American countries.
There is growing interest in speciality shrimp varieties such as wild-caught, organic, and black tiger shrimp, driven by consumers seeking unique or high-quality options. These varieties often carry premium prices and cater to a more discerning market segment that values flavour, texture, and origin.
Several market players are making efforts to boost the demand for overall shrimps, which can have a positive impact on the market. For instance, National Fisheries Institute's "Shrimp Council," are providing consumer education campaigns that can promote shrimp as a healthy food product. This campaign includes partnership with chefs and restaurants and social media marketing.
A majority of the United States population prefers various types of meat on a daily basis. However, in recent decades, the per capita consumption of meat has dropped on account of the changing food preferences of consumers and the growing health consciousness among them. This has resulted in the increasing popularity of seafood products like shrimp in these regions as it offers easy access to a wide range of shrimp products to consumers. For instance, shrimp are now being included in numerous recipes such as shrimp cocktails, seafood gumbo, noodle soups, and dumplings.
In shrimp farming, the use of RAS addresses various major issues that are common in traditional approaches. One of the main advantages of this system is that it can significantly decrease water usage. RAS setups continuously recycle and purify water, which results in lower water requirements and reduced waste release. As a result, this approach can promote sustainability and environmental friendliness by minimising its impact on natural water sources and preventing pollution from runoff.
Other players in the United States shrimp market are Mazzetta Company, LLC, among others.
United States Shrimp Industry Overview
Shrimp is a popular food among consumers who are health-conscious since it is low in calories, high in protein, and rich in vital nutrients like vitamin B12, selenium, and omega-3 fatty acids. The United States shrimp market has grown as a result of businesses like Prime Shrimp introducing new product lines in response to consumer demand for useful, frozen, and ready-to-cook shrimp items. Prime Shrimp introduced a New Orleans-style BBQ frozen shrimp flavor in August 2023. In February 2024, the company released a soy ginger flavor. The growing need for tasty seafood items that fit into the busy lives of contemporary consumers is met by these new options.Shrimp are widely imported and produced in the United States. The shrimp industry is growing domestically, especially in Texas and Alabama, although imports from Ecuador, Vietnam, and India still control the majority of the market. Due to its many health advantages, shrimp is still one of the most popular seafood options in the United States.
United States Shrimp Market Growth
The market growth is driven by the several health benefits offered by the product upon consumption, such as prevention of brain cell damage, prevention of numerous chronic health diseases, and an increase in the good HDL cholesterol levels in the human body. In addition to this, the United States is also observing an increase in the demand for convenient and value-added products, like cooked shrimp, tempura shrimp, breaded shrimp, and shrimp paste, which require minimal cooking, further aiding the growth of the United States shrimp market. These are further being incorporated into meals by health-conscious consumers, as they are low in calories and carbohydrates.The United States is the second-largest consumer of shrimp after China. In the country, shrimps are among the most consumed seafood holding about 25%-30% of the entire seafood market in the country. In the United States, the majority of the shrimp is imported from South Asian and Latin American countries.
Key Trends and Developments
Favourable initiatives for promoting sustainability, a rise in domestic market stability, and an increase in frozen and value-added shrimp products are some major trends boosting the market growth.September 2024
The Global Shrimp Council (GSC) announced the launch of a marketing campaign which can promote the consumption of shrimp, specifically in the US market. The campaign intends to promote the nutritional value of shrimp along with its versatility, especially among the health-conscious consumers.August 2024
As per the United States shrimp market dynamics and trends, Atarraya, a high-tech shrimp company, announced that it aims to build a shrimp farm with 200 self-contained ‘shrimp boxes’ for processing waste products from shrimp in the Northeastern US. The company also aims to expand to 100 tanks in Indianapolis by 2025 and 200 tanks in the new site in New York City.April 2024
Indian shrimp exporters are expecting to resume sales of Rs 4500 crore worth of wild-caught shrimp to the United States every year. The Indian Council of Agricultural Research’s Central Institute of Fisheries Technology (ICAR-CIFT) is further developing a turtle excluder device which can make the shrimp catch export worthy for the United States as per the US National Oceanic and Atmospheric Administration.March 2024
Zaxby, a US-based quick service company, announced that it is expanding its menu with the launch of Southern Fried Shrimp at all its outlets across the country. This new product consists of crispy butterflied shrimp along with a mix of garlic and onion powder which can be bought alone or paired with Zaxtail sauce.Favourable Initiatives for Promoting Sustainability
One crucial trend of United States shrimp market is that there is a shift in consumer preference towards sustainably sourced seafood such as shrimp which has led the market players to invest heavily in eco-friendly practices for shrimp production and supply. For instance, several market players are adopting Aquaculture Stewardship Council (ASC) certification which allows them to offer more transparency in the supply chain. This can lead to an increase in consumer trust and boost the demand for their products. By highlighting the sustainability and traceability efforts in their product supply chain, they can boost their popularity among eco-conscious buyers, which includes consumers, retail stores, and restaurants, among others.Rise in Domestic Market Stability
The domestic shrimp market in the US has shown stability in recent years. As per the seafood pricing trends, reports stated that the price of most of the domestic shrimps remains steady. As per the report from Sep 6, 2024, the market for shell-on whites did not report any price change and remained unsteady, which contributed to the United States shrimp demand growth. The market for domestic browns increased, whereas the market for domestic puds remained stable for the week. Among the imported shrimps, black tigers and whites prices remained firm, whereas the prices for Argentine red and Mexican browns and whites also stayed steady. Moreover, local shrimp providers benefit greatly from the rising demand for shrimp from local retailers and restaurants. Some of the most sought-after shrimp varieties include fresh, wild-caught varieties which are extremely popular as high-end seafood among the consumers.Increase in Frozen and Value-Added Shrimp Products
Frozen and ready-to-cook shrimp products are gaining popularity as they offer convenience for consumers. The United States shrimp market is also seeing growth in value-added shrimp, such as pre-seasoned, pre-cooked, or individually packaged shrimp. These products cater to busy consumers seeking time-saving meal solutions, contributing to market growth. Individually packaged shrimp products have also contributed to this trend, offering portion control and reducing food waste. Consumers can easily defrost the exact amount needed for a meal, enhancing convenience and ensuring freshness. These smaller, pre-portioned packs are popular among single-person households or small families, where purchasing large quantities of fresh shrimp might not be ideal.E-commerce and Online Retail Expansion
Online sales channels are becoming more important in the shrimp market. The growing trend of purchasing groceries online has led to a rise in the sale of shrimp through e-commerce platforms, which contributes to the United States shrimp market expansion. This trend provides consumers with easier access to a variety of shrimp products, including niche, premium, or sustainably sourced options. Furthermore, e-commerce platforms often feature subscription services or regular delivery options, giving consumers the convenience of recurring shrimp deliveries. This model ensures that customers can have a steady supply of their favourite shrimp products without having to re-order every time, improving customer loyalty and satisfaction.United States Shrimp Market Trends
With the rise of online grocery shopping and increased consumer preference for purchasing food from home, the United States shrimp market is set to continue growing through e-commerce channels. This trend not only provides convenience but also aligns with changing consumer preferences for variety, sustainability, and transparency, which are all increasingly important factors in their purchasing decisions.There is growing interest in speciality shrimp varieties such as wild-caught, organic, and black tiger shrimp, driven by consumers seeking unique or high-quality options. These varieties often carry premium prices and cater to a more discerning market segment that values flavour, texture, and origin.
United States Shrimp Market Dynamics
The prices of shrimp in the USA have decreased significantly in recent times. The average price of shrimp imported from India decreased from USD 10.21/kg in April 2022 to USD 6.76/kg by February 2024. This steep fall in shrimp prices indicated an oversupply and weaker demand in the country which may affect the United States shrimp demand forecast. This contributed to a 9% drop in the shrimp import value to USD 440 million in the first two months of 2024.Several market players are making efforts to boost the demand for overall shrimps, which can have a positive impact on the market. For instance, National Fisheries Institute's "Shrimp Council," are providing consumer education campaigns that can promote shrimp as a healthy food product. This campaign includes partnership with chefs and restaurants and social media marketing.
United States Shrimp Market Restraints
Strict environmental laws pertaining to waste management, habitat preservation, and water quality apply to the shrimp farming sector in the United States. For domestic farmers, these laws result in higher production costs, even if they are necessary for sustainability. Since labour expenses are higher in the United States than in other major shrimp exporting nations, local shrimp growers find it challenging to compete with cheaper shrimp from outside. Imported shrimp, especially from nations with far cheaper production costs like Vietnam, Indonesia, and India, present strong competition for the United States shrimp market. The majority of the shrimp available in the United States comes from imports, which frequently offer cheaper prices than domestic suppliers.United States Shrimp Industry Segmentation
“United States Shrimp Market Report and Forecast 2025 to 2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Environment
- Farming
- Processing
Market Breakup by Species
- Penaeus Vannamei
- Penaeus Monodon
- Macrobrachium Rosenbergii
- Others
Market Breakup by Product Categories
- Peeled
- Shell-on
- Cooked
- Breaded
- Others
Market Breakup by Distribution Channel
- Hypermarkets and Supermarkets
- Convenience Stores
- Hotels and Restaurants
- Online Stores
- Others
Market Breakup by Production and Imports
- Domestic Production
- Imports
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
United States Shrimp Market Share
By Environment Insights
Out of these, the farming variants dominate the overall market, accounting for the largest share, on account of escalating shrimp imports from Asian countries such as Thailand, China, India, and Indonesia. The aquaculture sector in the country is also supported by favourable climatic conditions and growing investment in the aquaculture sector. Moreover, the implementation of strict quality control measures and certifications to ensure the shrimp from these regions meet international standards also boosts the demand of United States shrimp market.By Species Insights
Amongst these, Penaeus Vannamei is the most popular species of the product in the country. This species possesses a high growth rate and can adapt to wide range of environmental conditions which makes them suitable for large aquaculture farming. Moreover, this species is less likely to be affected by the diseases compared to the other species which also favours its demand and fuels the United States shrimp market value.By Product Category Insights
The peeled variety currently accounts for the majority of the market share as it reduces the demand for shelling and makes it easier for homemade cooking as well as professional chefs to use it in a wide range of recipes. For instance, peeled shrimp can be used in salads, pasta, and stir-fries, among other seafood dishes, which can boost United States shrimp demand.By Distribution Channel Insights
Currently, hotels and restaurants represent the largest distribution channels of the product as they offer several shrimp-based dishes. Shrimp can be a crucial ingredient in many cuisines such as Asian, American, and Mediterranean, among others, which are offered by a wide range of high-end restaurants and hotels and boost United States shrimp market revenue. It can also be found in their signature dishes and buffets, which further drive their demand in the market.By Production and Imports Insights
At present, imports represent the leading market share owing to the rising demand for the product in the United States. Several countries are making efforts to develop efficient shrimp practices which ensure a consistent supply of shrimps to the USA. Moreover, the favourable trade relationship of the USA with shrimp-importing countries boosts the segment growth, and consequently growth of the United States shrimp industry.United States Shrimp Market Regional Insights
South East United States Shrimp Market Trends
The coastal climate and proximity to the Gulf of Mexico make states such as Florida, Alabama, and Texas an important centre for shrimp farming and boosts the share of the Southeast region in the market. Both traditional and innovative shrimp farming practices are growing in this region due to the warm waters and well-developed aquaculture infrastructure, increasing the overall United States shrimp industry revenue.A majority of the United States population prefers various types of meat on a daily basis. However, in recent decades, the per capita consumption of meat has dropped on account of the changing food preferences of consumers and the growing health consciousness among them. This has resulted in the increasing popularity of seafood products like shrimp in these regions as it offers easy access to a wide range of shrimp products to consumers. For instance, shrimp are now being included in numerous recipes such as shrimp cocktails, seafood gumbo, noodle soups, and dumplings.
Far West United States Shrimp Market Dynamics
The Far West region is also expected to gain significant growth in the shrimp market share in the United States in the coming years. In California and other states, shrimp farming is on the rise in indoor, closed-loop systems such as Recirculating Aquaculture Systems (RAS). These sophisticated systems enable shrimp to be cultivated indoors, unaffected by coastal conditions, and are playing a part in the region's increasing dominance of the U.S. shrimp farming industry.In shrimp farming, the use of RAS addresses various major issues that are common in traditional approaches. One of the main advantages of this system is that it can significantly decrease water usage. RAS setups continuously recycle and purify water, which results in lower water requirements and reduced waste release. As a result, this approach can promote sustainability and environmental friendliness by minimising its impact on natural water sources and preventing pollution from runoff.
Competitive Landscape
The report gives a detailed analysis of the following key players in the United States shrimp market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, investments, expansions of capacity, and plant turnarounds. These companies also ensure a steady and sustainable supply of shrimp-based products which can meet the evolving consumer taste in the country.Aqua Star
This company is one of the largest providers of seafood in the USA. It is mainly known for its premium quality shrimp for the retail and food service sectors. It sources shrimp from countries such as Thailand, India, and Vietnam, among others, and ensures that the shrimp is responsibly sourced from organisations such as the Aquaculture Stewardship Council (ASC).Harbor Seafood
As per the United States shrimp industry analysis, Harbor Seafood is one of the leading market players which have been in the industry for over 4 decades and has established relationships with major shrimp-producing regions and farms across the world. Some of its common shrimp-based products include raw, frozen, cooked, and value-added shrimp, among others.Eastern Fish Company
Founded in 1974 and based in New Jersey, the Eastern Fish Company is one of the most prominent seafood importers in the country. The company is also one of the major founders of the Global Aquaculture Alliance (GAA) which promotes the production and supply of ethical and responsibly sourced shrimps.Other players in the United States shrimp market are Mazzetta Company, LLC, among others.
Innovative United States Shrimp Market Startups
The startups in the country are addressing ethical and environmental concerns due to overfishing and water pollution by promoting sustainable shrimp farming. This includes the usage of closed-loop systems like Recirculating Aquaculture Systems (RAS) and-based shrimp farming that reduces the water pollution caused by traditional shrimp farming and can enhance United States shrimp market opportunities.New Wave Foods
It is a California-based startup which develops plant-based shrimp alternatives, owing to the rising ethical and environmental concerns regarding shrimp production. These alternatives mimic the texture, flavour, and nutritional profile of real shrimp and can be crucial in offering a sustainable alternative to health-conscious consumers.Big Easy Foods
This company in United States shrimp market is based in Louisiana and utilises modern food technology for the production of Southern seafood recipes and has created a niche market for itself in the country. The company has recently gained recognition for its value-added shrimp products which can be used in a wide variety of cuisines. The company also promotes local sourcing and supports the livelihood of the local shrimp farmers.Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Shrimp Market Overview
6 Global Farmed Shrimp Market Overview
7 United States Shrimp Market Analysis
8 Market Dynamics
10 Trade Data Analysis
11 Competitive Landscape
Companies Mentioned
The key companies featured in this United States Shrimp market report include:- Aqua Star
- Harbor Seafood
- Eastern Fish Company
- Mazzetta Company, LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 114 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value in 2025 | 827.05 KMT |
Forecasted Market Value by 2034 | 1048.41 KMT |
Compound Annual Growth Rate | 2.4% |
Regions Covered | United States |
No. of Companies Mentioned | 5 |