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.Global Shrimps Market Overview
Shrimps are small, decapod crustaceans belonging to the infraorder Caridea. They are found in various marine and freshwater habitats around the world. Shrimps are an important part of the aquatic food chain, serving as prey for larger fish, birds, and marine mammals. They are also consumed by humans and are popular in many cuisines worldwide, often served cooked, grilled, fried, or as ingredients in various dishes such as shrimp scampi, shrimp cocktail, or shrimp stir-fry. Shrimps are prized for their delicate flavor and tender texture. Shrimp is one of the most popular seafood items worldwide, with high demand in countries like the United States, Japan, China, and various European nations. Rising disposable incomes, changing dietary preferences, and increasing awareness of the health benefits of seafood contribute to this demand. The majority of shrimp consumed globally is farmed rather than caught in the wild. Aquaculture techniques have advanced significantly, leading to increased production efficiency and the ability to meet growing demand. Key shrimp farming countries include China, India, Vietnam, Indonesia, Thailand, and Ecuador. Advances in aquaculture technology, genetics, feed formulation, and disease management contribute to improved shrimp farming practices and productivity, which significantly boosts the Shrimps Market growth.To know about the Research Methodology :- Request Free Sample Report
Shrimps Market Dynamics
Shift towards Aquaculture: Accelerating the Pace of Change As global consumers and retailers grow increasingly concerned about the environmental and social issues surrounding the shrimp industry—including water pollution, destruction of coastal habitats, and human and labor rights abuses—the push for product traceability is intensifying. The growth of shrimp aquaculture has been a significant driver of the Shrimps market. With wild shrimp stocks facing depletion and environmental concerns, aquaculture has emerged as a sustainable solution to meet the growing demand for shrimp. Technological advancements in aquaculture practices, including improved breeding techniques, disease management, and feed formulation, have contributed to increased production and efficiency in shrimp farming. Trade liberalization and globalization have facilitated the expansion of the shrimps industry by reducing trade barriers and enabling easier access to international markets. Free trade agreements, tariff reductions, and trade facilitation measures have encouraged cross-border trade in shrimp, allowing producers to access new markets and consumers to enjoy a wider variety of shrimp products. Environmental and social sustainability concerns have become increasingly important in the Shrimps industry. Consumers, retailers, and regulatory bodies are placing greater emphasis on sustainable sourcing practices, traceability, and certification. Shrimp producers are adopting sustainable aquaculture practices, such as organic farming, responsible use of resources, and adherence to certification standards ASC and BAP, to meet consumer demand and ensure Shrimps market access. Technological advancements and innovation play a critical role in driving growth and efficiency in the shrimps industry. Developments in genetics, biotechnology, water treatment, and automation improve productivity, disease resistance, and environmental sustainability in shrimp farming. Innovations in processing, packaging, and value-added products also contribute to shrimps market growth by expanding product offerings and meeting consumer preferences. Growing awareness of the health benefits of seafood, including shrimp, drives demand among health-conscious consumers. Shrimp is a low-calorie, high-protein food rich in essential nutrients like omega-3 fatty acids, vitamins, and minerals. As consumers increasingly prioritize health and wellness, shrimp consumption is expected to continue growing, particularly in markets with aging populations and rising health concerns.Preference for Farmed Shrimps Drives Long-Term Market Opportunities
Shrimps production is amongst the most important divisions of the worldwide seafood business, with a market value of $12 billion to $15 billion. Shrimps farming, commonly known as Shrimps aquaculture, supplies slightly more than half of the world's Shrimps supply. It occurs in over 60 nations globally, although Asia accounts for more than 80% of output. Latin America is the world's second-largest producer, contributing for 16% of overall output, with Brazil and Ecuador supplying significant volumes. The majority of farmed Shrimps is targeted for export, and Shrimps accounts for around 15% of all internationally sold seafood. Shrimps exports to the United States and the European Union are valued at $5 billion and €2 billion, respectively, and Shrimps is the most consumed seafood in both regions. The United States is the single largest Shrimps Market, with India and Thailand being the leading exporters of Shrimps to the country. The rapid development and high density of activities in the farmed Shrimps business has caused issues, such as disease outbreaks that have had a severe impact in some locations. While the business produces economic benefits in many developing nations, it is also associated with significant environmental and social concerns. These include environmental damage as well as shocking human rights violations, such as the latest reports of enslavement in the Thai Shrimps feed industry. Climate controls stimulate financial investment. Shrimps demand is expected to remain robust, and wise decisions in this production chain help the company grow more profitably. Over the next 30 years, the demand for seafood increase; the trend towards aquaculture will accelerate; and the market for shrimp will expand. The implications of this promising future will be determined by the action or inaction of those who make up the value chain. Achieving economically and environmentally viable shrimp production that is capable of meeting growing global demand requires that shrimp production is contained to minimize impacts on the natural world.Environmental Concerns to restraint Shrimps Market growth
Shrimp farming often leads to environmental degradation, including habitat destruction, water pollution, and disruption of ecosystems. Efforts to mitigate these environmental impacts increase production costs and regulatory burdens for shrimp producers. Shrimp farms are vulnerable to disease outbreaks, which cause significant losses in production and revenue. Diseases such as Early Mortality Syndrome (EMS) and White Spot Syndrome Virus (WSSV) devastate shrimp populations, leading to economic losses for farmers and disruptions in supply chains. Climate change poses risks to the shrimp industry, including temperature fluctuations, extreme weather events, and sea level rise. These factors affect water quality, shrimp growth rates, and farm infrastructure, leading to reduced yields and increased production costs. Shrimp producers comply with various regulations and standards related to food safety, environmental sustainability, and labor practices. Meeting these requirements is challenging and costly, particularly for small-scale producers and farms in developing countries. Shrimp prices are subject to fluctuations due to factors such as supply and demand dynamics, currency exchange rates, and Shrimps Market speculation. Price volatility affect profitability and investment decisions for shrimp producers and traders. The shrimp industry has been associated with social issues such as forced labor, child labor, and poor working conditions in some regions. Addressing these social concerns requires collaboration among stakeholders, including governments, industry associations, and civil society organizations.Shrimps Market Segment Analysis
Based on Product Type, the market is segmented into Fresh Shrimp, Frozen Shrimp, Canned Shrimp, Breaded or Value-Added Shrimp Products, Dried or Dehydrated Shrimp, and Cooked or Precooked Shrimp. The fresh shrimp segment dominated the market in 2023 and is expected to hold the largest Shrimps Market share over the forecast period. Fresh shrimp is typically harvested from aquaculture farms or caught in the wild and quickly processed to maintain its quality and freshness. After harvest, the shrimp are immediately sorted, graded, and packed for distribution. Fresh shrimp appeals to consumers who prioritize freshness, quality, and flavor in their seafood purchases. It is often preferred by consumers who enjoy cooking seafood at home and want to experience the natural taste and texture of shrimp without the need for thawing. Fresh shrimp is versatile and is prepared in various culinary applications, including grilling, sautéing, steaming, and boiling. It is commonly used in dishes such as shrimp scampi, shrimp cocktail, shrimp stir-fry, and shrimp tacos.Based on Species, the market is segmented into Whiteleg Shrimp, Black Tiger Shrimp, Pacific, White Shrimp, Northern Pink Shrimp, and Brown Shrimp Rock Shrimp. Whiteleg Shrimp dominated the market in 2023 and is expected to hold the largest Shrimps market share over the forecast period. Whiteleg Shrimp, also known as Pacific White Shrimp, is one of the most dominant species in shrimp aquaculture worldwide. It is widely cultivated in countries across Asia, Latin America, and other regions with suitable climatic conditions and infrastructure for shrimp farming. This species accounts for a significant portion of global shrimp production. Whiteleg Shrimp exhibits a high degree of adaptability to varying environmental conditions, including temperature, salinity, and water quality. This adaptability makes it suitable for cultivation in a wide range of aquaculture systems, including ponds, raceways, and intensive farming operations.
Growing Demand for Shrimps to boost Asia Pacific Shrimps Market growth The Asia Pacific region is home to some of the world's largest consumers of shrimp, including China, Japan, Vietnam, Thailand, and Indonesia. Rising populations, increasing disposable incomes, and changing dietary preferences toward seafood contribute to the growing demand for shrimp in the region, which significantly boosts the Asia Pacific Shrimps Market growth. Trade agreements and liberalization efforts in the Asia Pacific region have facilitated the movement of shrimp products across borders. Bilateral and multilateral trade agreements, such as the Association of Southeast Asian Nations (ASEAN) Free Trade Area and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), have reduced tariffs and trade barriers, promoting regional integration and market access for shrimp exporters. Changing consumer preferences and trends influence the Asia Pacific shrimp market. Consumers are increasingly seeking sustainably sourced and traceable shrimp products, driving demand for certified and eco-labeled shrimp. The popularity of convenience foods and value-added shrimp products is on the rise, reflecting evolving consumer lifestyles and preferences. During the review period of January to March 2023, Ecuador, the leading exporter of shrimp globally, shipped out 295,518 tonnes, marking a notable increase of 24 percent, with a total export value of USD 1,617 million. Despite this substantial volume growth, the overall value gain was modest at 5 percent, primarily due to declining shrimp prices on the international market. Notably, China remained Ecuador's primary market during this period, accounting for 64 percent of total exports, compared to 56 percent the previous year. India experienced an overall increase in shrimp exports during the first quarter of 2023, driven by heightened sales to China, Vietnam, and Japan. Exports to its primary market, the United States of America, witnessed a decline over the same period.
Shrimps Market Regional Insight
Consumer demand for shrimp experienced a notable decline, particularly in Western markets, throughout the first quarter of 2023. Import figures from the top five markets, including the United States of America, China, the European Union, Japan, and the Republic of Korea, revealed a significant 21 percent decrease year-on-year, amounting to 675,000 tonnes. Notably, import volumes only saw an increase in China during this timeframe. Preliminary data spanning January to June 2023 indicated that China emerged as the leading importer of shrimp globally, with a substantial 46.5 percent surge in imports compared to the previous year, totaling 538,430 tonnes. Meanwhile, imports in traditional markets such as the United States of America, European Union, Japan, and others experienced declines compared to the corresponding period in the previous year.
As of the first quarter of 2023, China has ascended to become the primary importer in the global shrimps market. Import volumes surged by 33.5 percent to reach 254,230 tonnes compared to the same period in 2022. Ecuador emerged as the foremost supplier during this timeframe, boasting a remarkable 43 percent increase in year-on-year supply and claiming a dominant 70 percent market share, equivalent to 179,015 tonnes. Notably, imports of the popular head-on shrimp from Ecuador tripled, reaching 30,000 tonnes. India, the second-largest source of supply, commanded a 10 percent market share in Chinese imports, followed by Canada, Argentina, and Thailand. While imports from Canada experienced a modest decline of 2.6 percent, Argentina witnessed a substantial increase of 205 percent, reaching 6,950 tonnes. Meanwhile, supplies from Thailand rose by 16.7 percent to 5,470 tonnes, primarily comprising the favored head-on shrimp. Imports from Saudi Arabia also surged by 231 percent, totaling 4,745 tonnes. China sustained robust import activity throughout the second quarter of 2023, surpassing half a million tonnes in half-yearly imports, marking a notable 46.5 percent increase to 538,430 tonnes. This surge was buoyed by heightened supplies from Ecuador, India, Argentina, Canada, Thailand, and Saudi Arabia. Imports from Vietnam experienced a sharp decline of 73 percent during this period.
Shrimps Market Scope: Inquire before buying
Global Shrimps Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 44.52 Bn. Forecast Period 2024 to 2030 CAGR: 8.2% Market Size in 2030: US $ 77.29 Bn. Segments Covered: 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 by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Leading Shrimps key players include:
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)Frequently asked Questions:
1. What are shrimps? Ans: Shrimps are small, decapod crustaceans belonging to the infraorder Caridea. They are found in various marine and freshwater habitats worldwide. 2. What factors contribute to the demand for shrimps? Ans: Rising disposable incomes, changing dietary preferences, and awareness of the health benefits of seafood contribute to the high demand for shrimps globally. 3. Which species of shrimps dominate the market? Ans: The Whiteleg Shrimp (Litopenaeus vannamei) and Pacific White Shrimp are the most dominant species in shrimp aquaculture worldwide, contributing significantly to the global shrimp market. 4. What are the challenges faced by the shrimp industry? Ans: Challenges include disease outbreaks, climate change risks, compliance with regulations and standards, price volatility, and social issues such as labor rights violations. 5. What are the implications of the increasing demand for shrimp over the next few decades? Ans: The demand for shrimp is expected to continue growing, driven by factors such as population growth, changing dietary preferences, and increasing awareness of the health benefits of seafood. Meeting this demand sustainably requires collaboration across the shrimp value chain to address environmental and social challenges.
1. Shrimps Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Shrimps Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Key Players Benchmarking 2.3.1. Company Name 2.3.2. Product Segment 2.3.3. End-user Segment 2.3.4. Revenue (2023) 2.3.5. Company Locations 2.4. Shrimps Market Companies Share 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 3. Shrimps Market: Dynamics 3.1. Shrimps Market Trends by Region 3.1.1. North America Shrimps Market Trends 3.1.2. Europe Shrimps Market Trends 3.1.3. Asia Pacific Shrimps Market Trends 3.1.4. Middle East and Africa Shrimps Market Trends 3.1.5. South America Shrimps Market Trends 3.2. Shrimps Market Dynamics by Region 3.2.1. North America 3.2.1.1. North America Shrimps Market Drivers 3.2.1.2. North America Shrimps Market Restraints 3.2.1.3. North America Shrimps Market Opportunities 3.2.1.4. North America Shrimps Market Challenges 3.2.2. Europe 3.2.2.1. Europe Shrimps Market Drivers 3.2.2.2. Europe Shrimps Market Restraints 3.2.2.3. Europe Shrimps Market Opportunities 3.2.2.4. Europe Shrimps Market Challenges 3.2.3. Asia Pacific 3.2.3.1. Asia Pacific Shrimps Market Drivers 3.2.3.2. Asia Pacific Shrimps Market Restraints 3.2.3.3. Asia Pacific Shrimps Market Opportunities 3.2.3.4. Asia Pacific Shrimps Market Challenges 3.2.4. Middle East and Africa 3.2.4.1. Middle East and Africa Shrimps Market Drivers 3.2.4.2. Middle East and Africa Shrimps Market Restraints 3.2.4.3. Middle East and Africa Shrimps Market Opportunities 3.2.4.4. Middle East and Africa Shrimps Market Challenges 3.2.5. South America 3.2.5.1. South America Shrimps Market Drivers 3.2.5.2. South America Shrimps Market Restraints 3.2.5.3. South America Shrimps Market Opportunities 3.2.5.4. South America Shrimps Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Value Chain Analysis 3.6. Technological Roadmap 3.7. Regulatory Landscape by Region 3.7.1. North America 3.7.2. Europe 3.7.3. Asia Pacific 3.7.4. Middle East and Africa 3.7.5. South America 3.8. Key Opinion Leader Analysis for Shrimps Industry 3.9. Analysis of Government Schemes and Initiatives for Shrimps Industry 3.10. The Global Pandemic Impact on Shrimps Market 4. Shrimps Market: Global Market Size and Forecast by Segmentation (by Value and Volume) (2023-2030) 4.1. Shrimps Market Size and Forecast, By Product Type (2023-2030) 4.1.1.1. Fresh Shrimp 4.1.1.2. Frozen Shrimp 4.1.1.3. Canned Shrimp 4.1.1.4. Breaded or Value-Added Shrimp Products 4.1.1.5. Dried or Dehydrated Shrimp 4.1.1.6. Cooked or Precooked Shrimp 4.2. Shrimps Market Size and Forecast, By Species (2023-2030) 4.2.1. Whiteleg Shrimp 4.2.2. Black Tiger Shrimp 4.2.3. Pacific White Shrimp 4.2.4. Northern Pink Shrimp 4.2.5. Brown Shrimp Rock Shrimp 4.3. Shrimps Market Size and Forecast, By Application (2023-2030) 4.3.1. Food 4.3.2. Pharmaceutical 4.3.3. Cosmetics 4.3.4. Industrial 4.3.5. Biotechnology 4.3.6. Other 4.4. Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 4.4.1. Retail Stores 4.4.2. Online Retail Platforms 4.4.3. Direct Sales 4.5. Shrimps Market Size and Forecast, by region (2023-2030) 4.5.1. North America 4.5.2. Europe 4.5.3. Asia Pacific 4.5.4. Middle East and Africa 4.5.5. South America 5. North America Shrimps Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Shrimps Market Size and Forecast, By Product Type(2023-2030) 5.1.1.1. Fresh Shrimp 5.1.1.2. Frozen Shrimp 5.1.1.3. Canned Shrimp 5.1.1.4. Breaded or Value-Added Shrimp Products 5.1.1.5. Dried or Dehydrated Shrimp 5.1.1.6. Cooked or Precooked Shrimp 5.2. North America Shrimps Market Size and Forecast, By Species (2023-2030) 5.2.1. Whiteleg Shrimp 5.2.2. Black Tiger Shrimp 5.2.3. Pacific White Shrimp 5.2.4. Northern Pink Shrimp 5.2.5. Brown Shrimp Rock Shrimp 5.3. North America Shrimps Market Size and Forecast, By Application (2023-2030) 5.3.1. Food 5.3.2. Pharmaceutical 5.3.3. Cosmetics 5.3.4. Industrial 5.3.5. Biotechnology 5.3.6. Other 5.4. North America Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 5.4.1. Retail Stores 5.4.2. Online Retail Platforms 5.4.3. Direct Sales 5.5. North America Shrimps Market Size and Forecast, by Country (2023-2030) 5.5.1. United States 5.5.1.1. United States Shrimps Market Size and Forecast, By Product Type(2023-2030) 5.5.1.1.1. Fresh Shrimp 5.5.1.1.2. Frozen Shrimp 5.5.1.1.3. Canned Shrimp 5.5.1.1.4. Breaded or Value-Added Shrimp Products 5.5.1.1.5. Dried or Dehydrated Shrimp 5.5.1.1.6. Cooked or Precooked Shrimp 5.5.1.2. United States Shrimps Market Size and Forecast, By Species (2023-2030) 5.5.1.2.1. Whiteleg Shrimp 5.5.1.2.2. Black Tiger Shrimp 5.5.1.2.3. Pacific White Shrimp 5.5.1.2.4. Northern Pink Shrimp 5.5.1.2.5. Brown Shrimp Rock Shrimp 5.5.1.3. United States Shrimps Market Size and Forecast, By Application (2023-2030) 5.5.1.3.1. Food 5.5.1.3.2. Pharmaceutical 5.5.1.3.3. Cosmetics 5.5.1.3.4. Industrial 5.5.1.3.5. Biotechnology 5.5.1.3.6. Other 5.5.1.4. United States Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 5.5.1.4.1. Retail Stores 5.5.1.4.2. Online Retail Platforms 5.5.1.4.3. Direct Sales 5.5.2. Canada 5.5.2.1. Canada Shrimps Market Size and Forecast, By Product Type(2023-2030) 5.5.2.1.1.1. Fresh Shrimp 5.5.2.1.1.2. Frozen Shrimp 5.5.2.1.1.3. Canned Shrimp 5.5.2.1.1.4. Breaded or Value-Added Shrimp Products 5.5.2.1.1.5. Dried or Dehydrated Shrimp 5.5.2.1.1.6. Cooked or Precooked Shrimp 5.5.2.2. Canada Shrimps Market Size and Forecast, By Species (2023-2030) 5.5.2.2.1. Whiteleg Shrimp 5.5.2.2.2. Black Tiger Shrimp 5.5.2.2.3. Pacific White Shrimp 5.5.2.2.4. Northern Pink Shrimp 5.5.2.2.5. Brown Shrimp Rock Shrimp 5.5.2.3. Canada Shrimps Market Size and Forecast, By Application (2023-2030) 5.5.2.3.1. Food 5.5.2.3.2. Pharmaceutical 5.5.2.3.3. Cosmetics 5.5.2.3.4. Industrial 5.5.2.3.5. Biotechnology 5.5.2.3.6. Other 5.5.2.4. Canada Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 5.5.2.4.1. Retail Stores 5.5.2.4.2. Online Retail Platforms 5.5.2.4.3. Direct Sales 5.5.3. Mexico 5.5.3.1. Mexico Shrimps Market Size and Forecast, By Product Type(2023-2030) 5.5.3.1.1.1. Fresh Shrimp 5.5.3.1.1.2. Frozen Shrimp 5.5.3.1.1.3. Canned Shrimp 5.5.3.1.1.4. Breaded or Value-Added Shrimp Products 5.5.3.1.1.5. Dried or Dehydrated Shrimp 5.5.3.1.1.6. Cooked or Precooked Shrimp 5.5.3.2. Mexico Shrimps Market Size and Forecast, By Species (2023-2030) 5.5.3.2.1. Whiteleg Shrimp 5.5.3.2.2. Black Tiger Shrimp 5.5.3.2.3. Pacific White Shrimp 5.5.3.2.4. Northern Pink Shrimp 5.5.3.2.5. Brown Shrimp Rock Shrimp 5.5.3.3. Mexico Shrimps Market Size and Forecast, By Application (2023-2030) 5.5.3.3.1. Food 5.5.3.3.2. Pharmaceutical 5.5.3.3.3. Cosmetics 5.5.3.3.4. Industrial 5.5.3.3.5. Biotechnology 5.5.3.3.6. Other 5.5.3.4. Mexico Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 5.5.3.4.1. Retail Stores 5.5.3.4.2. Online Retail Platforms 5.5.3.4.3. Direct Sales 6. Europe Shrimps Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.2. Europe Shrimps Market Size and Forecast, By Species (2023-2030) 6.3. Europe Shrimps Market Size and Forecast, By Application (2023-2030) 6.4. Europe Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 6.5. Europe Shrimps Market Size and Forecast, by Country (2023-2030) 6.5.1. United Kingdom 6.5.1.1. United Kingdom Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.5.1.2. United Kingdom Shrimps Market Size and Forecast, By Species (2023-2030) 6.5.1.3. United Kingdom Shrimps Market Size and Forecast, By Application (2023-2030) 6.5.1.4. United Kingdom Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 6.5.2. France 6.5.2.1. France Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.5.2.2. France Shrimps Market Size and Forecast, By Species (2023-2030) 6.5.2.3. France Shrimps Market Size and Forecast, By Application (2023-2030) 6.5.2.4. France Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 6.5.3. Germany 6.5.3.1. Germany Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.5.3.2. Germany Shrimps Market Size and Forecast, By Species (2023-2030) 6.5.3.3. Germany Shrimps Market Size and Forecast, By Application (2023-2030) 6.5.3.4. Germany Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 6.5.4. Italy 6.5.4.1. Italy Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.5.4.2. Italy Shrimps Market Size and Forecast, By Species (2023-2030) 6.5.4.3. Italy Shrimps Market Size and Forecast, By Application (2023-2030) 6.5.4.4. Italy Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 6.5.5. Spain 6.5.5.1. Spain Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.5.5.2. Spain Shrimps Market Size and Forecast, By Species (2023-2030) 6.5.5.3. Spain Shrimps Market Size and Forecast, By Application (2023-2030) 6.5.5.4. Spain Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 6.5.6. Sweden 6.5.6.1. Sweden Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.5.6.2. Sweden Shrimps Market Size and Forecast, By Species (2023-2030) 6.5.6.3. Sweden Shrimps Market Size and Forecast, By Application (2023-2030) 6.5.6.4. Sweden Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 6.5.7. Austria 6.5.7.1. Austria Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.5.7.2. Austria Shrimps Market Size and Forecast, By Species (2023-2030) 6.5.7.3. Austria Shrimps Market Size and Forecast, By Application (2023-2030) 6.5.7.4. Austria Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 6.5.8. Rest of Europe 6.5.8.1. Rest of Europe Shrimps Market Size and Forecast, By Product Type(2023-2030) 6.5.8.2. Rest of Europe Shrimps Market Size and Forecast, By Species (2023-2030) 6.5.8.3. Rest of Europe Shrimps Market Size and Forecast, By Application (2023-2030) 6.5.8.4. Rest of Europe Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7. Asia Pacific Shrimps Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.2. Asia Pacific Shrimps Market Size and Forecast, By Species (2023-2030) 7.3. Asia Pacific Shrimps Market Size and Forecast, By Application (2023-2030) 7.4. Asia Pacific Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5. Asia Pacific Shrimps Market Size and Forecast, by Country (2023-2030) 7.5.1. China 7.5.1.1. China Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.1.2. China Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.1.3. China Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.1.4. China Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5.2. S Korea 7.5.2.1. S Korea Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.2.2. S Korea Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.2.3. S Korea Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.2.4. S Korea Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5.3. Japan 7.5.3.1. Japan Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.3.2. Japan Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.3.3. Japan Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.3.4. Japan Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5.4. India 7.5.4.1. India Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.4.2. India Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.4.3. India Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.4.4. India Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5.5. Australia 7.5.5.1. Australia Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.5.2. Australia Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.5.3. Australia Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.5.4. Australia Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5.6. Indonesia 7.5.6.1. Indonesia Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.6.2. Indonesia Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.6.3. Indonesia Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.6.4. Indonesia Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5.7. Malaysia 7.5.7.1. Malaysia Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.7.2. Malaysia Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.7.3. Malaysia Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.7.4. Malaysia Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5.8. Vietnam 7.5.8.1. Vietnam Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.8.2. Vietnam Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.8.3. Vietnam Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.8.4. Vietnam Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 7.5.9. Taiwan 7.5.9.1. Taiwan Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.9.2. Taiwan Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.9.3. Taiwan Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.9.4. Taiwan Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 7.5.10. Rest of Asia Pacific 7.5.10.1. Rest of Asia Pacific Shrimps Market Size and Forecast, By Product Type(2023-2030) 7.5.10.2. Rest of Asia Pacific Shrimps Market Size and Forecast, By Species (2023-2030) 7.5.10.3. Rest of Asia Pacific Shrimps Market Size and Forecast, By Application (2023-2030) 7.5.10.4. Rest of Asia Pacific Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 8. Middle East and Africa Shrimps Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030 8.1. Middle East and Africa Shrimps Market Size and Forecast, By Product Type(2023-2030) 8.2. Middle East and Africa Shrimps Market Size and Forecast, By Species (2023-2030) 8.3. Middle East and Africa Shrimps Market Size and Forecast, By Application (2023-2030) 8.4. Middle East and Africa Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 8.5. Middle East and Africa Shrimps Market Size and Forecast, by Country (2023-2030) 8.5.1. South Africa 8.5.1.1. South Africa Shrimps Market Size and Forecast, By Product Type(2023-2030) 8.5.1.2. South Africa Shrimps Market Size and Forecast, By Species (2023-2030) 8.5.1.3. South Africa Shrimps Market Size and Forecast, By Application (2023-2030) 8.5.1.4. South Africa Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 8.5.2. GCC 8.5.2.1. GCC Shrimps Market Size and Forecast, By Product Type(2023-2030) 8.5.2.2. GCC Shrimps Market Size and Forecast, By Species (2023-2030) 8.5.2.3. GCC Shrimps Market Size and Forecast, By Application (2023-2030) 8.5.2.4. GCC Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 8.5.3. Nigeria 8.5.3.1. Nigeria Shrimps Market Size and Forecast, By Product Type(2023-2030) 8.5.3.2. Nigeria Shrimps Market Size and Forecast, By Species (2023-2030) 8.5.3.3. Nigeria Shrimps Market Size and Forecast, By Application (2023-2030) 8.5.3.4. Nigeria Shrimps Market Size and Forecast, By Distribution Channel(2023-2030) 8.5.4. Rest of ME&A 8.5.4.1. Rest of ME&A Shrimps Market Size and Forecast, By Product Type(2023-2030) 8.5.4.2. Rest of ME&A Shrimps Market Size and Forecast, By Species (2023-2030) 8.5.4.3. Rest of ME&A Shrimps Market Size and Forecast, By Application (2023-2030) 8.5.4.4. Rest of ME&A Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 9. South America Shrimps Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030 9.1. South America Shrimps Market Size and Forecast, By Product Type(2023-2030) 9.2. South America Shrimps Market Size and Forecast, By Species (2023-2030) 9.3. South America Shrimps Market Size and Forecast, By Application (2023-2030) 9.4. South America Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 9.5. South America Shrimps Market Size and Forecast, by Country (2023-2030) 9.5.1. Brazil 9.5.1.1. Brazil Shrimps Market Size and Forecast, By Product Type(2023-2030) 9.5.1.2. Brazil Shrimps Market Size and Forecast, By Species (2023-2030) 9.5.1.3. Brazil Shrimps Market Size and Forecast, By Application (2023-2030) 9.5.1.4. Brazil Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 9.5.2. Argentina 9.5.2.1. Argentina Shrimps Market Size and Forecast, By Product Type(2023-2030) 9.5.2.2. Argentina Shrimps Market Size and Forecast, By Species (2023-2030) 9.5.2.3. Argentina Shrimps Market Size and Forecast, By Application (2023-2030) 9.5.2.4. Argentina Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 9.5.3. Rest Of South America 9.5.3.1. Rest Of South America Shrimps Market Size and Forecast, By Product Type(2023-2030) 9.5.3.2. Rest Of South America Shrimps Market Size and Forecast, By Species (2023-2030) 9.5.3.3. Rest Of South America Shrimps Market Size and Forecast, By Application (2023-2030) 9.5.3.4. Rest Of South America Shrimps Market Size and Forecast, By Distribution Channel (2023-2030) 10. Company Profile: Key Players 10.1. Thai Union Group (Thailand) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Charoen Pokphand Foods (Thailand) 10.3. Minh Phu Seafood Corporation (Vietnam) 10.4. Nissui Group (Japan) 10.5. Zhanjiang Guolian Aquatic Products (China) 10.6. Godrej Agrovet Limited (India) 10.7. Devi Seafoods (India) 10.8. Clearwater Seafoods (Canada) 10.9. High Liner Foods (Canada) 10.10. Red Chamber Group (Canada) 10.11. CenSea (United States) 10.12. American Seafoods (United States) 10.13. Pacific Seafood (United States) 10.14. SeaPak Shrimp & Seafood Co. (United States) 10.15. Royal Greenland (Denmark) 10.16. Pescanova (Spain) 10.17. Lerøy Seafood Group (Norway) 10.18. Omarsa (Ecuador) 10.19. Songa (Ecuador) 10.20. Camanor Produtos Marinhos (Brazil) 10.21. Camanchaca (Chile) 10.22. Australis Seafoods (Chile) 11. Key Findings and Analyst Recommendations 12. Shrimps Market: Research Methodology