China Shrimp Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

$ 1999




The shrimp market in China reached a volume of X Million Tons in 2017. Shrimps are marine animals that are a popular seafood across the globe and rich in nutrients. The demand of shrimps has been increasing robustly in China. The country has been practicing aquaculture for thousands of years, and currently produces more seafood than the rest of the world combined. Catalyzed by a strong growth in the Chinese middle-class population, the consumption of shrimps has more than doubled in the past decade. In recent years, shrimp imports into China have increased whereas shrimp exports have declined making China one of the world’s biggest importers of shrimp. Looking forward, we expect the shrimp market in China to reach X Million Tons by 2023, exhibiting a CAGR of X% during 2018-2023.

A major factor driving the consumption of shrimps in China is the fact that they are perceived to be nutritious and good for health. Shrimps are a very good source of antioxidants and astaxanthin that bolsters the nervous and musculoskeletal system. Apart from this, they also help in prevention of cancer and diabetes. Moreover, driven by strong economic growth and rising affluence, Chinese consumers are undergoing a ‘nutrition transition’, whereby consumers have made a transition from a broadly carbohydrate-based, vegetarian diet to a diet that consists of higher levels of animal products such as shrimps.

One of the key segments that are witnessing strong demand in China are value added shrimp products. Increasing urbanization and busy consumer lifestyles in China have also been driving the demand of cooked and breaded shrimp over the past few years. Products that are easy-to-cook and ready-to-eat are also witnessing strong growth. The need for convenience is also being reflected by a strong growth in online shrimp sales. While the overall proportion of shrimp sales sold online is still relatively small, this is expected to change as part of the rapid growth in the online food retail market.

Market Summary:

  • Based on the shrimp source, the market has been segmented into farmed shrimp and wild shrimp. Farmed shrimps currently dominate this market.
  • The market is also bifurcated as domestic production and imports, with domestic production accounting for most of the consumption.
  • Based on the species, the market has been segmented as penaeus vannamei, penaeus monodon, macrobrachium rosenbergii and others. Penaeus vannamei currently dominates the market.
  • Based on the product categories, the market has been segmented as peeled, shell-on, cooked, breaded and others. Peeled shrimps currently hold the largest share in the market.
  • Based on the distribution channel, the market has been segmented as traditional retail, hypermarkets and supermarkets, convenience stores, hotels and restaurants, online and others.


This report provides a deep insight into the China 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 China shrimp market in any manner.

Key Questions Answered in This Report:

  • How has the China shrimp market performed so far and how will it perform in the coming years?
  • What is the breakup of the china shrimp market on the basis of farmed shrimp and wild shrimp?
  • What is the breakup of the china shrimp market on the basis of domestic production and imports?
  • What is the breakup of the china shrimp market on the basis of various species?
  • What is the breakup of the china shrimp market on the basis of product categories?
  • What is the breakup of the china shrimp market on the basis of distribution channel?
  • What are the various stages in the value chain of the China shrimp market?
  • What are the key driving factors and challenges in the China shrimp market?
  • What is the structure of the China shrimp market and who are the key players?
  • What is the degree of competition in the China shrimp market?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Shrimp Market
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Volume Trends
        5.2.2    Value Trends
    5.3    Market Breakup by Farmed Shrimp and Wild Shrimp
    5.4    Market Forecast
6    Global Farmed Shrimp Market
    6.1    Market Overview
    6.2    Market Performance
        6.2.1    Volume Trends
        6.2.2    Value Trends
    6.3    Production Breakup by Region
    6.4    Consumption Breakup by Region
    6.5    Market Breakup by Species
    6.6    Market Breakup by Shrimp Size
    6.7    Market Forecast
7    China Shrimp Industry
    7.1    China Shrimp Industry as a Part of the Seafood Industry
    7.2    Market Overview
    7.3    Market Performance
    7.4    Market Breakup by Farmed Shrimp and Wild Shrimp
    7.5    Market Breakup by Domestic Production and Imports
    7.6    Market Breakup by Species
    7.7    Market Breakup by Product Categories
    7.8    Market Breakup by Distribution Channel
    7.9    Market Forecast
    7.10    SWOT Analysis
        7.10.1    Overview
        7.10.2    Strengths
        7.10.3    Weaknesses
        7.10.4    Opportunities
        7.10.5    Threats
    7.11    Value Chain Analysis
        7.11.1    Overview
        7.11.2    Shrimp Harvesting
        7.11.3    Commercial Fisherman
        7.11.4    Auction
        7.11.5    Peeling/Pre-processing
        7.11.6    Large Scale Industrial Processing
        7.11.7    Distribution
        7.11.8    Retail Market
        7.11.9    Institutional Market
    7.12    Porters Five Forces Analysis
        7.12.1    Overview
        7.12.2    Bargaining Power of Buyers
        7.12.3    Bargaining Power of Suppliers
        7.12.4    Degree of Competition
        7.12.5    Threat of New Entrants
        7.12.6    Threat of Substitutes
    7.13    Price Analysis
    7.14    Key Success and Risk Factors for Shrimp Industry
8    Market Breakup by Shrimp Source
    8.1    Farmed
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Wild
        8.2.1    Market Trends
        8.2.2    Market Forecast
9    Market Breakup by Domestic Production and Imports
    9.1    Domestic Production
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Imports
        9.2.1    Market Trends
        9.2.2    Market Forecast
10    Market Breakup by Species
    10.1    Penaeus Vannamei
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Penaeus Monodon
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Macrobrachium Rosenbergii
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Others
        10.4.1    Market Trends
        10.4.2    Market Forecast
11    Market Breakup by Product Categories
    11.1    Peeled
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    Shell-on
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Cooked
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Breaded
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Others
        11.5.1    Market Trends
        11.5.2    Market Forecast
12    Market Breakup by Distribution Channel
    12.1    Traditional Retail
        12.1.1    Market Trends
        12.1.2    Market Forecast
    12.2    Hypermarkets and Supermarkets
        12.2.1    Market Trends
        12.2.2    Market Forecast
    12.3    Convenience Stores
        12.3.1    Market Trends
        12.3.2    Market Forecast
    12.4    Hotels and Restaurants
        12.4.1    Market Trends
        12.4.2    Market Forecast
    12.5    Online Stores
        12.5.1    Market Trends
        12.5.2    Market Forecast
    12.6    Others
        12.6.1    Market Trends
        12.6.2    Market Forecast
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players


List of Figures

Figure 1: China: Shrimp Market: Major Drivers and Challenges
Figure 2: Global: Shrimp Market: Production Volume (in Million Tons), 2010-2017
Figure 3: Global: Shrimp Market: Production Value (in Million US$), 2010-2017
Figure 4: Global: Shrimp Market: Breakup by Shrimp Source (in %), 2017
Figure 5: Global: Shrimp Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 6: Global: Shrimp Market Forecast: Production Value (in Million US$), 2018-2023
Figure 7: Global: Farmed Shrimp Market: Production Volume (in Million Tons), 2010-2017
Figure 8: Global: Farmed Shrimp Market: Production Value (in Million US$), 2010-2017
Figure 9: Global: Farmed Shrimp Market: Production Breakup by Region (in %), 2017
Figure 10: Global: Farmed Shrimp Market: Consumption Breakup by Region (in %), 2017
Figure 11: Global: Farmed Shrimp Market: Breakup by Species (in %), 2017
Figure 12: Global: Farmed Shrimp Market: Breakup by Shrimp Size (in %), 2017
Figure 13: Global: Farmed Shrimp Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 14: Global: Farmed Shrimp Market Forecast: Production Value (in Million US$), 2018-2023
Figure 15: China: Shrimp Industry as a Part of the Seafood Industry (in %), 2017
Figure 16: China: Shrimp Market: Consumption Volume (in Million Tons), 2010-2017
Figure 17: China: Shrimp Market: Breakup by Farmed and Wild Shrimp (in %), 2017
Figure 18: China: Shrimp Market: Breakup by Domestic Production and Imports (in %), 2017
Figure 19: China: Shrimp Market: Breakup by Species (in %), 2017
Figure 20: China: Shrimp Market: Breakup by Product Categories (in %), 2017
Figure 21: China: Shrimp Market: Breakup by Distribution Channel (in %), 2017
Figure 22: China: Shrimp Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 23: China: Shrimp Industry: SWOT Analysis
Figure 24: China: Shrimp Industry: Value Chain Analysis
Figure 25: China: Shrimp Industry: Porter’s Five Forces Analysis
Figure 26: China: Farmed Shrimp Market: Production Volume (in Million Tons), 2010 & 2017
Figure 27: China: Farmed Shrimp Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 28: China: Wild Shrimp Market: Production Volume (in Million Tons), 2010 & 2017
Figure 29: China: Wild Shrimp Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 30: China: Shrimp (Domestic Production) Market: Production Volume (in Million Tons), 2010 & 2017
Figure 31: China: Shrimp (Domestic Production) Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 32: China: Shrimp Market: Import Volume (in Million Tons), 2010 & 2017
Figure 33: China: Shrimp Market Forecast: Import Volume (in Million Tons), 2018-2023
Figure 34: China: Shrimp (Penaeus Vannamei) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 35: China: Shrimp (Penaeus Vannamei) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 36: China: Shrimp (Penaeus Monodon) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 37: China: Shrimp (Penaeus Monodon) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 38: China: Shrimp (Macrobrachium Rosenbergii) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 39: China: Shrimp (Macrobrachium Rosenbergii) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 40: China: Shrimp (Others Species) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 41: China: Shrimp (Other Species) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 42: China: Shrimp (Peeled) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 43: China: Shrimp (Peeled) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 44: China: Shrimp (Shell-on) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 45: China: Shrimp (Shell-on) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 46: China: Shrimp (Cooked) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 47: China: Shrimp (Cooked) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 48: China: Shrimp (Breaded) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 49: China: Shrimp (Breaded) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 50: China: Shrimp (Other Product Categories) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 51: China: Shrimp (Other Product Categories) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 52: China: Shrimp Market: Sales through Hypermarket and Supermarket (in Million Tons), 2010 & 2017
Figure 53: China: Shrimp Market Forecast: Sales through Hypermarket and Supermarket (in Million Tons), 2018-2023
Figure 54: China: Shrimp Market: Sales through Convenience Stores (in Million Tons), 2010 & 2017
Figure 55: China: Shrimp Market Forecast: Sales through Convenience Stores (in Million Tons), 2018-2023
Figure 56: China: Shrimp Market: Sales through Hotels and Restaurants (in Million Tons), 2010 & 2017
Figure 57: China: Shrimp Market Forecast: Sales through Hotels and Restaurants (in Million Tons), 2018-2023
Figure 58: China: Shrimp Market: Online Sales (in Million Tons), 2010 & 2017
Figure 59: China: Shrimp Market Forecast: Online Sales (in Million Tons), 2018-2023
Figure 60: China: Shrimp Market: Sales through Other Distribution Channel (in Million Tons), 2010 & 2017
Figure 61: China: Shrimp Market Forecast: Sales through Other Distribution Channel (in Million Tons), 2018-2023


List of Tables

Table 1: Global: Shrimp Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Farmed Shrimp Market: Key Industry Highlights, 2017 and 2023
Table 3: China: Shrimp Market: Key Industry Highlights, 2017 and 2023
Table 4: China: Shrimp Market Forecast: Breakup by Shrimp Source (in Million Tons), 2018-2023
Table 5: China: Shrimp Market Forecast: Breakup by Domestic Production and Imports (in Million Tons), 2018-2023
Table 6: China: Shrimp Market Forecast: Breakup by Species (in Million Tons), 2018-2023
Table 7: China: Shrimp Market Forecast: Breakup by Product Categories (in Million Tons), 2018-2023
Table 8: China: Shrimp Market Forecast: Breakup by Distribution Channel (in Million Tons), 2018-2023
Table 9: China: Shrimp Industry Market Structure
Table 10: China: Shrimp Industry: Key Players


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