Global Shrimp Market 2024-2028

The shrimp market is forecasted to grow by USD 7385.2 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the shrimp market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing awareness about health benefits of shrimp, initiatives to increase shrimp production, and rising number of shrimp-based product launches.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.11%
CAGR	4.36%
Incremental Value	$7385.2 mn

Technavio's shrimp market is segmented as below:

By Product

Frozen shrimp
Canned shrimp
Others

By Distribution Channel

Supermarket and hypermarket
Convenience store
Others

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the increasing m and a activities as one of the prime reasons driving the shrimp market growth during the next few years. Also, growth in online retailing and emergence of sustainable fishing practices will lead to sizable demand in the market.

The report on the shrimp market covers the following areas:

Shrimp market sizing
Shrimp market forecast
Shrimp market industry analysis

The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading shrimp market vendors that include Admiralty Island Fisheries Inc., AFENTOULIS LIVERIS and SIA O.E., Apex Frozen Foods Ltd., Beaver Street Fisheries Inc., Charoen Pokphand Foods PCL, Cooke Aquaculture Inc., Grand Ocean Seafoods Co. Ltd., GRUPO IBERICA CONGELADOS S.A., High Liner Foods Inc., Maruha Nichiro Corp., Mazzetta Co. LLC, Nissui Corp., Pacific Seafood Group, Premium Brands Holdings Corp., Seaprimexco, Surapon Foods Public Co. Ltd., Sykes Seafood Ltd., Thai Union Group PCL, The Waterbase Ltd., and Wild Ocean Direct. Also, the shrimp market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44388

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Shrimp Market 2018 - 2022
- Historic Market Size - Data Table on Global Shrimp Market 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Frozen shrimp - Market size and forecast 2023-2028
- Chart on Frozen shrimp - Market size and forecast 2023-2028 ($ million)
- Data Table on Frozen shrimp - Market size and forecast 2023-2028 ($ million)
- Chart on Frozen shrimp - Year-over-year growth 2023-2028 (%)
- Data Table on Frozen shrimp - Year-over-year growth 2023-2028 (%)
6.4 Canned shrimp - Market size and forecast 2023-2028
- Chart on Canned shrimp - Market size and forecast 2023-2028 ($ million)
- Data Table on Canned shrimp - Market size and forecast 2023-2028 ($ million)
- Chart on Canned shrimp - Year-over-year growth 2023-2028 (%)
- Data Table on Canned shrimp - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
7.3 Supermarket and hypermarket - Market size and forecast 2023-2028
- Chart on Supermarket and hypermarket - Market size and forecast 2023-2028 ($ million)
- Data Table on Supermarket and hypermarket - Market size and forecast 2023-2028 ($ million)
- Chart on Supermarket and hypermarket - Year-over-year growth 2023-2028 (%)
- Data Table on Supermarket and hypermarket - Year-over-year growth 2023-2028 (%)
7.4 Convenience store - Market size and forecast 2023-2028
- Chart on Convenience store - Market size and forecast 2023-2028 ($ million)
- Data Table on Convenience store - Market size and forecast 2023-2028 ($ million)
- Chart on Convenience store - Year-over-year growth 2023-2028 (%)
- Data Table on Convenience store - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ million)
- Data Table on Spain - Market size and forecast 2023-2028 ($ million)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Admiralty Island Fisheries Inc.
- Admiralty Island Fisheries Inc. - Overview
- Admiralty Island Fisheries Inc. - Product / Service
- Admiralty Island Fisheries Inc. - Key offerings
12.4 Apex Frozen Foods Ltd.
- Apex Frozen Foods Ltd. - Overview
- Apex Frozen Foods Ltd. - Product / Service
- Apex Frozen Foods Ltd. - Key offerings
12.5 Beaver Street Fisheries Inc.
- Beaver Street Fisheries Inc. - Overview
- Beaver Street Fisheries Inc. - Product / Service
- Beaver Street Fisheries Inc. - Key offerings
12.6 Cooke Aquaculture Inc.
- Cooke Aquaculture Inc. - Overview
- Cooke Aquaculture Inc. - Product / Service
- Cooke Aquaculture Inc. - Key offerings
12.7 High Liner Foods Inc.
- High Liner Foods Inc. - Overview
- High Liner Foods Inc. - Product / Service
- High Liner Foods Inc. - Key news
- High Liner Foods Inc. - Key offerings
12.8 Maruha Nichiro Corp.
- Maruha Nichiro Corp. - Overview
- Maruha Nichiro Corp. - Business segments
- Maruha Nichiro Corp. - Key offerings
- Maruha Nichiro Corp. - Segment focus
12.9 Mazzetta Co. LLC
- Mazzetta Co. LLC - Overview
- Mazzetta Co. LLC - Product / Service
- Mazzetta Co. LLC - Key offerings
12.10 Nissui Corp.
- Nissui Corp. - Overview
- Nissui Corp. - Business segments
- Nissui Corp. - Key offerings
- Nissui Corp. - Segment focus
12.11 Pacific Seafood Group
- Pacific Seafood Group - Overview
- Pacific Seafood Group - Product / Service
- Pacific Seafood Group - Key offerings
12.12 Premium Brands Holdings Corp.
- Premium Brands Holdings Corp. - Overview
- Premium Brands Holdings Corp. - Business segments
- Premium Brands Holdings Corp. - Key news
- Premium Brands Holdings Corp. - Key offerings
- Premium Brands Holdings Corp. - Segment focus
12.13 Surapon Foods Public Co. Ltd.
- Surapon Foods Public Co. Ltd. - Overview
- Surapon Foods Public Co. Ltd. - Product / Service
- Surapon Foods Public Co. Ltd. - Key offerings
12.14 Sykes Seafood Ltd.
- Sykes Seafood Ltd. - Overview
- Sykes Seafood Ltd. - Product / Service
- Sykes Seafood Ltd. - Key offerings
12.15 Thai Union Group PCL
- Thai Union Group PCL - Overview
- Thai Union Group PCL - Business segments
- Thai Union Group PCL - Key offerings
- Thai Union Group PCL - Segment focus
12.16 The Waterbase Ltd.
- The Waterbase Ltd. - Overview
- The Waterbase Ltd. - Product / Service
- The Waterbase Ltd. - Key offerings
12.17 Wild Ocean Direct
- Wild Ocean Direct - Overview
- Wild Ocean Direct - Product / Service
- Wild Ocean Direct - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations