Europe Shrimp Market Report by Environment (Farmed, Wild), Domestic Production and Imports (Domestic Production, Imports), Species (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, and Others), Product Categories (Peeled, Shell-on, Cooked, Breaded, and Others), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Hotels and Restaurants, Online Stores, and Others) 2024-2032

Europe Shrimp Market Report by Environment (Farmed, Wild), Domestic Production and Imports (Domestic Production, Imports), Species (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, and Others), Product Categories (Peeled, Shell-on, Cooked, Breaded, and Others), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Hotels and Restaurants, Online Stores, and Others) 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1094
Buy Now

Europe Shrimp Market Size:

The Europe shrimp market size reached 863.3 Kilo Tons in 2023. Looking forward, IMARC Group expects the market to reach 1,009.6 Kilo Tons by 2032, exhibiting a growth rate (CAGR) of 1.7% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
863.3 Kilo Tons
Market Forecast in 2032
1,009.6 Kilo Tons
Market Growth Rate 2024-2032 1.7%

Europe Shrimp Market Analysis:

  • Market Growth and Size: The European shrimp market is experiencing steady growth, reflecting a widespread enthusiasm for seafood and a tilt towards protein-rich diets. Also, continual growth in the retail and food service sectors with the expansion of their shrimp selections to meet changing consumer demands is also driving the market.
  • Major Market Drivers: There's a growing awareness regarding the health perks of shrimp, since they're dense with protein and essential nutrients. This excitement is in step with a growing fondness for Asian flavors, where shrimp is often a star, coupled with a keen interest in sustainable seafood practices, which is encouraging more Europeans to indulge in shrimp.
  • Key Market Trends: The trend is leaning strongly towards organic and responsibly sourced shrimp, impelled by consumers' increasing curiosity about the origins and ethics of their food. The industry's pivot to innovative aquaculture methods, such as eco-friendly recirculating systems, is aligned with the aim to maintain year-round supply.
  • Geographical Trends: In the North of Europe, shrimp is becoming a preferred seafood option, due to a strong commitment to sustainably sourced and certified seafood. In the South, countries like Spain and Italy are keeping up their long-standing seafood preferences, leading the charge in shrimp consumption and importation.
  • Competitive Landscape: The shrimp market landscape is intensely dynamic, with a diverse mix of big international names and local fisheries. The key players are setting themselves apart with clever innovations, think tantalizing precooked shrimp delights, and streamlined supply chains to expand their shares.
  • Challenges and Opportunities: Navigating the fluctuating shrimp supplies and prices with environmental shifts and global ma Market Growth and Size: The European shrimp market is experiencing steady growth, reflecting a widespread enthusiasm for seafood and a tilt towards protein-rich diets. Also, continual growth in the retail and food service sectors with the expansion of their shrimp selections to meet changing consumer demands is also driving the market.
     

Shrimps are small marine animal with thin and fragile legs. They are generally found near the seafloor, in rivers, lakes, as well as in certain coasts. Shrimps are one of the most flavoured and delicious delicacies from the seafood congregate. They also play an important role in the food chain and are a vital source of food for larger animals like fish and whales. They are low in fat, high in protein and are a moderate source of omega-3 fats, altogether increasing their demand among the consumers. The rise in the demand can also be attributed to the benefits they provide like improved bone and brain health, weight management, lowered risk of cardiovascular disease, relieved eye fatigue and lowered blood pressure.

A major catalyst driving the demand of shrimps in Europe are its numerous health and nutritional benefits. Moreover, rapid product utilization as an excellent source of carbohydrate free food which can lead to weight loss is also resulting in a higher product uptake ang consumers with weight-loss goals. The demand of value-added and convenient shrimp products, such as ready-to-eat shrimp products comprise of products which are cooked, breaded, canned, is also acting as strong growth-inducing factor for the market. Most of these products are usually fully processed such as shrimp paste, chips and pickle. However, some products are half-cooked and require to be baked, fried or cooked like breaded or canned shrimp. The demand for cooked and breaded shrimp has risen over the past years. In Europe, consumers live hectic lives and feel considerable time pressure. As a result, they prefer meals that are easy to prepare and ready to cook. Moreover, there is a rising trend towards more ready-made shrimp products.

Europe Shrimp Industry Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe shrimp market report, along with forecasts for the period 2024-2032. Our report has categorized the market based on environment, domestic production and imports, species, product categories and distribution channel.

Breakup by Environment:

  • Farmed
  • Wild


Wild shrimps currently dominate the market. 

Breakup by Domestic Production and Imports:

  • Domestic Production
  • Imports


The European shrimp industry is largely dependent upon imports.

Breakup by Species:

  • Penaeus Vannamei
  • Penaeus Monodon
  • Macrobrachium Rosenbergii
  • Others


Currently, penaeus vannamei dominates the market, holding the largest share.

Breakup by Product Categories:

  • Peeled
  • Shell-on
  • Cooked
  • Breaded
  • Others


The peeled category accounts the largest market share, representing the leading segment.

Breakup by Distribution Channel:

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Hotels and Restaurants
  • Online Stores
  • Others


Hypermarkets and Supermarkets currently represent the biggest segment. 

Competitive Landscape:

The competitive landscape of the market has also been analyzed in the report, covering the detailed profiles of the major players operative in the industry.

This report provides a deep insight into the Europe shrimp market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Europe shrimp industry in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units '000 Tons
Segment Coverage Environment, Domestic Production and Imports, Species, Product Categories, Distribution Channel
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the global Europe shrimp market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global Europe shrimp market?
  • What is the impact of each driver, restraint, and opportunity on the global Europe shrimp market?
  • What are the key regional markets?
  • Which countries represent the most attractive Europe shrimp market?
  • What is the breakup of the market based on the environment?
  • Which is the most attractive environment in the Europe shrimp market?
  • What is the breakup of the market based on domestic production and imports?
  • Which is the most attractive domestic production and imports in the Europe shrimp market?
  • What is the breakup of the market based on the species?
  • Which is the most attractive species in the Europe shrimp market?
  • What is the breakup of the market based on the product categories?
  • Which is the most attractive product categories in the Europe shrimp market?
  • What is the breakup of the market based on the distribution channel?
  • Which is the most attractive distribution channel in the Europe shrimp market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global Europe shrimp market?

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Europe shrimp market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the global Europe shrimp market.
  • The study maps the leading, as well as the fastest growing, markets in the region.
  • Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Europe shrimp industry and its attractiveness.
  • The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Europe Shrimp Market Report by Environment (Farmed, Wild), Domestic Production and Imports (Domestic Production, Imports), Species (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, and Others), Product Categories (Peeled, Shell-on, Cooked, Breaded, and Others), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Hotels and Restaurants, Online Stores, and Others) 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More