New Prefeasibility Report Released On a Shrimp Processing Plant

December 26, 2016

Shrimps are the most common and important type of seafood that are consumed worldwide. The demand of sea food such as shrimps has been on the rise mainly due to their health benefits and high nutritional value. It has been found that processed shrimp is one of the fastest moving commodities in the global market.  As a result, the shrimp market provides innumerable opportunities and a profitable business for anyone who plans to venture into this market and set up a shrimp processing plant. IMARC group’s new published report titled “Shrimp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” provides all the prerequisite knowledge and various aspects of the shrimp processing industry. The study offers a comprehensive analysis of the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report on a shrimp processing plant can help the reader to formulate suitable business and marketing strategies, overcome market challenges and hence build a successful business in the market.

According to the report, the global shrimp production reached 4.25 Million Tons in 2015 with the market growing at a CAGR of 4.7% during 2008-2015. Although the market experienced a fluctuating growth during the past five years due to the EMS disease that originated in China in 2009, a strong rebound in growth was observed in 2014 with a slight decrease in 2015. The market, however, is expected to grow continuously in the next five years.

The report has segmented the market on the basis of species, region and shrimp size. Based on species, Penaeus Vannamei (or White-leg shrimp) represented the species with the highest production in the global market, followed by Penaeus Monodon (or Black Tiger Shrimp) and Macrobrachium Rosenbergii. On the basis of region, China represented the largest market in terms of production. China was followed by Vietnam, India, Indonesia, Ecuador and Thailand. Moreover, as the global shrimp supply is moving towards the smaller size shrimps, Asia being the largest shrimp market is also shifting towards the production of smaller shrimp sizes (51-60 and smaller) since 2010. As a result, the category 41-50 represented the most popular category among the various categories of shrimps produced in 2015. The categories 51-60 and 31-40 represented the second and third most popular categories respectively.

Browse full report on Shrimp Market with TOC: https://www.imarcgroup.com/prefeasibility-report-shrimp-processing-plant

About Us


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group

USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

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.
New Prefeasibility Report Released On a Shrimp Processing Plant
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