The Malaysia shrimp market size reached USD 215.61 Million in 2024. The market is projected to reach USD 340.32 Million by 2033, exhibiting a growth rate (CAGR) of 4.67% during 2025-2033. The market is expanding due to steady domestic consumption and wider export links. In addition, stronger hatchery practices and eco-friendly farming methods continue to support Malaysia shrimp market share across local food supply chains and international seafood trade channels.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 215.61 Million |
Market Forecast in 2033 | USD 340.32 Million |
Market Growth Rate 2025-2033 | 4.67% |
Domestic Demand and Export Reach
Steady local and overseas demand continues to drive Malaysia shrimp market growth as more households choose shrimp for daily meals and festive gatherings. The food service sector adds to this, with restaurants and hotels relying on a steady supply of quality shrimp year-round. On the export front, Malaysia is working to expand its share in nearby markets such as Japan, Singapore, and China. To do this, producers have been modernizing hatcheries, improving feed methods, and investing in better water controls to meet tight safety standards. New measures include stronger checks for disease and better pond management to reduce sudden losses. Many coastal farmers have joined forces in cooperatives, which helps them buy feed and equipment at lower costs and sell larger volumes under unified contracts. The government has backed cold chain improvements that keep shrimp fresher during transport to cities and ports. Community training programs have also encouraged small-scale farmers to upgrade their ponds and learn safer farming practices. All these improvements help Malaysia remain a trusted source of shrimp, giving farmers more confidence to grow their businesses and supply both local and foreign buyers consistently.
Sustainable Methods Gain More Ground
Shrimp farming in Malaysia is seeing a steady shift toward greener practices as farmers look for ways to keep ponds productive without harming local waterways. Many are exploring ways to reuse water, install lined ponds to control seepage, and use feeds that reduce waste. Government-backed pilot farms have shown that using natural bacteria and plant-based additives keeps shrimp healthy without relying on harsh treatments. Some larger producers are working to get eco-label certifications that show their shrimp meets international sustainability standards, opening doors to higher-paying export deals. Universities have partnered with farms on breeding work that produces stronger shrimp that need fewer antibiotics. Small groups in coastal areas are planting mangroves along pond edges to help absorb runoff and protect shorelines from erosion. These steps not only protect local habitats but also add credibility when marketing Malaysian shrimp to buyers who value cleaner, responsibly raised seafood. This move toward lower-impact production methods is helping farmers build more secure businesses that can keep producing year after year, ensuring steady incomes for communities that depend on shrimp as a major source of livelihood.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional level for 2025-2033. Our report has categorized the market based on environment, species, shrimp size, and distribution channel.
Environment Insights:
The report has provided a detailed breakup and analysis of the market based on the environment. This includes farmed shrimp and wild shrimp.
Species Insights:
The report has provided a detailed breakup and analysis of the market based on the species. This includes penaeus vannamei, penaeus monodon, macrobrachium rosenbergii, and others.
Shrimp Size Insights:
The report has provided a detailed breakup and analysis of the market based on the sourcing. This includes <21, 21-25, 26-30, 31-40, 41-50, 51-60, 61-70, and >70.
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes hypermarkets and supermarkets, convenience stores, hotels and restaurants, online sales, and others.
States Insights:
The report has also provided a comprehensive analysis of all the major states markets, which include Selangor, W.P. Kuala Lumpur, Johor, Sarawak, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Environments Covered | Farmed Shrimp, Wild Shrimp |
Species Covered | Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, Others |
Shrimp Sizes Covered | <21, 21-25, 26-30, 31-40, 41-50, 51-60, 61-70, >70 |
Distribution Channels Covered | Hypermarkets and Supermarkets, Convenience Stores, Hotels and Restaurants, Online Sales, Others |
States Covered | Selangor, W.P. Kuala Lumpur, Johor, Sarawak, Others |
Customization Scope | 10% Free Customization |
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:
Key Benefits for Stakeholders: