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Press Release:
Prawn Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023
Prawn is a marine crustacean with an exoskeleton and ten legs, resembling a large shrimp. The consumption of prawns offers numerous health benefits as they are rich in omega-3 fatty acids and are known to improve cardiovascular circulation. On account of this, they are widely caught and farmed commercially and are easily available worldwide. This has also made prawns an important part of various cuisines and one of the most traded seafood species. According to the latest report by IMARC Group, titled “Prawn Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global prawn market reached a volume of nearly 5 Million Tons in 2017.
Seafood is considered one of the healthy sources of animal protein. As prawns are one of the most popular seafood types, shifting food habits towards the consumption of seafood has provided a thrust to the global prawn market. Moreover, prawns form an essential part of the staple diets of many regions, especially those near the seashore. Since the people living in these regions are largely dependent on prawns for their protein intake, this has resulted in a large consumer-base. Some of the other factors that have contributed to the growth of the global prawn market are the convenience attached with processed prawns available in ready-to-eat packaging, increasing urban population in the developing regions, and rapid growth of aquaculture across the globe. Further, the market is expected to reach a volume of 6 Million Tons by 2023, growing at a CAGR of more than 3.8% during 2018-2023.
This report provides a deep insight into the global prawn industry 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. The report also provides a comprehensive analysis for setting up a prawn processing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, 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 prawn industry in any manner.
Key Questions Answered in This Report:
- How has the global prawn market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global prawn industry?
- What are the major species in the global prawn industry?
- What are the major types of processed prawns in the global prawn industry?
- What are the price trends of prawn?
- What are the various stages in the value chain of the global prawn industry?
- What are the key driving factors and challenges in the global prawn industry?
- What is the structure of the global prawn industry and who are the key players?
- What is the degree of competition in the global prawn industry?
- What are the profit margins in the global prawn industry?
- What are the key requirements for setting up a prawn processing plant?
- How are prawns processed?
- What are the various unit operations involved in a prawn processing plant?
- What is the total size of land required for setting up a prawn processing plant?
- What are the machinery requirements for setting up a prawn processing plant?
- What are the raw material requirements for setting up a prawn processing plant?
- What are the packaging requirements for prawns?
- What are the transportation requirements for prawns?
- What are the utility requirements for setting up a prawn processing plant?
- What are the manpower requirements for setting up a prawn processing plant?
- What are the infrastructure costs for setting up a prawn processing plant?
- What are the capital costs for setting up a prawn processing plant?
- What are the operating costs for setting up a prawn processing plant?
- What will be the income and expenditures for a prawn processing plant?
- What is the time required to break-even?
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 Prawn Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.3.1 Price Trends
5.3.2 Price Indicators
5.3.3 Price Structure
5.4 Market Breakup by Region
5.4.1 Major Prawn Producing Regions
5.4.2 Major Prawn Consuming Regions
5.5 Market Breakup by Species
5.6 Market Breakup by Prawn Size
5.6 Global Imports and Exports
5.7 Value-Addition
5.8 Processed Prawn Imports: Breakup by Type
5.9 Market Forecast
6 Global Prawn Industry: SWOT Analysis
6.1 Strengths
6.2 Weaknesses
6.3 Opportunities
6.4 Threats
7 Global Prawn Industry: Value Chain Analysis
7.1 Broodstock and Hatchery
7.2 Prawn Harvesting
7.3 Auction
7.4 Peeling/Pre-processing
7.5 Large Scale Industrial Processing
7.6 Domestic Market
7.7 Exports
8 Global Prawn Industry: Porter’s Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Rivalry
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Global Prawn Industry: Key Success Factors
10 Competitive Landscape
10.1 Market Structure
10.2 Profiles of Key Players
11 Prawn Processing
11.1 Product Overview
11.2 Detailed Process Flow
11.3 Various Types of Unit Operations Involved
11.4 Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved
12.1 Land Requirements and Expenditures
12.2 Construction Requirements and Expenditures
12.3 Plant Machinery
12.4 Machinery Pictures
12.5 Raw Materials Requirements and Expenditures
12.6 Raw Material and Final Product Pictures
12.7 Packaging Requirements and Expenditures
12.8 Transportation Requirements and Expenditures
12.9 Utilities Requirements and Expenditures
12.10 Manpower Requirements and Expenditures
12.11 Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
14.1 Capital Cost of the Project
14.2 Techno-Economic Parameters
14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
14.4 Taxation and Depreciation
14.5 Income Projections
14.6 Expenditure Projections
14.7 Financial Analysis
14.8 Profit Analysis
List of Figures
Figure 1: Global: Prawn Industry: Major Drivers and Challenges
Figure 2: Global: Prawn Market: Production Volume (in Million Tons), 2010-2017
Figure 3: Global: Prawn Market: Production Value (in Million US$), 2010-2017
Figure 4: Global: Prawn Market: Average Price Trends (in US/Kg), 2010-2017
Figure 5: Global: Prawn Market: Breakup by Region (in %), 2017
Figure 6: Global: Prawn Market Forecast: Breakup by Region (in %), 2018-2023
Figure 7: Global: Prawn Market: Production Breakup by Species (in %), 2017
Figure 8: Global: Prawn Market: Production Breakup by Size Categories (in %)
Figure 9: Global: Prawn Market: Breakup by Exporters (in %)
Figure 10: Global: Prawn Market: Breakup by Value-added Products (in %), 2017
Figure 11: Global: Prawn Imports Market: Breakup by Processed Prawn Type (in %), 2017
Figure 12: Global: Prawn Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 13: Global: Prawn Market Forecast: Production Value (in Million US$), 2018-2023
Figure 14: Global: Shrimp Industry: SWOT Analysis
Figure 15: Global: Shrimp Industry: Value Chain Analysis
Figure 16: Global: Shrimp Industry: Porter’s Five Forces Analysis
Figure 17: Prawn Processing Plant: Detailed Process Flow
Figure 18: Prawn Processing: Conversion Rate of Feedstocks
Figure 19: Prawn Processing Plant: Cooked Prawn Packaging
Figure 20: Prawn Processing Plant: Prawn-Meal Packaging
Figure 21: Prawn Processing Process: Breakup of Capital Costs (in %)
Figure 22: Prawn Industry: Profit Margins at Various Stages of Supply Chain
Figure 23: Prawn Processing: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Prawn Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Prawn Market Forecast: Breakup by Region, 2018-2023
Table 3: Global: Prawn Farming
Table 4: Prawn Processing Plant: Costs Related to Land and Site Development (in US$)
Table 5: Prawn Processing Plant: Costs Related to Civil Works (in US$)
Table 6: Prawn Processing Plant: Costs Related to Machinery (in US$)
Table 7: Prawn Processing Plant: Raw Material Requirements
Table 8: Prawn Processing Plant: Costs Related to Salaries and Wages (in US$)
Table 9: Prawn Processing Plant: Costs Related to Other Capital Investments (in US$)
Table 10: Details of Financial Assistance Offered by Financial Institutions
Table 11: Prawn Processing Plant: Capital Costs (in US$)
Table 12: Prawn Processing Plant: Techno-Economic Parameters
Table 13: Prawn Processing Plant: Taxation and Depreciation
Table 14: Prawn Processing Plant: Income Projections (in US$)
Table 15: Prawn Processing Plant: Expenditure Projections (in US$)
Table 16: Prawn Processing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 17: Prawn Processing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 18: Prawn Processing Plant: Profit and Loss Account
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