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Shrimp Market Report by Environment (Farmed Shrimp, Wild Shrimp), Species (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, and Others), Shrimp Size (<21, 21-25, 26-30, 31-40, 41-50, 51-60, 61-70, >70), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Hotels and Restaurants, Online Sales, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A628
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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 Environment
5.4 Market Forecast
6 COVID-19 Impact on the Industry
7 Global Shrimp Market by Environment
7.1 Farmed Shrimp
7.1.1 Market Overview
7.1.2 Market Performance
7.1.2.1 Volume Trends
7.1.2.2 Value Trends
7.1.3 Major Shrimp Producing Countries
7.1.4 Major Shrimp Consuming Countries
7.1.5 Market Breakup by Species
7.1.5.1 Penaeus Vannamei
7.1.5.2 Penaeus Monodon
7.1.5.3 Macrobrachium Rosenbergii
7.1.5.4 Others
7.1.6 Market Breakup by Shrimp Size
7.1.7 Exports
7.1.8 Market Forecast
7.1.8.1 Volume Trends
7.1.8.2 Value Trends
7.2 Wild Shrimp
7.2.1 Market Overview
7.2.2 Market Performance
7.2.2.1 Volume Trends
7.2.2.2 Value Trends
8 Global Shrimp Industry Insights
8.1 Evolution of the Shrimp Industry
8.2 Shrimp as a Part of the Seafood Industry
8.3 Shrimp Products- Block-frozen Vs IQF
8.4 Shrimp Industry: Value Chain
8.5 Broodstock Sourcing
8.5.1 Regional Insights
8.5.2 Sourcing Challenges
8.6 Shrimp Feed Production
8.6.1 Regional Insights
8.6.2 Shrimp Feed Manufacturing Process
8.6.3 Major Feed Types Produced (Starter, Finisher and Grower)
8.6.4 Major Ingredients and Additives Used in the Shrimp Feed Industry
8.6.5 Key Manufacturers
8.6.6 Competitive Landscape
8.6.7 Key Success Factors in the Shrimp Feed Industry
8.7 Shrimp Farming
8.7.1 Regional Insights
8.7.2 Shrimp Farming Process Flow
8.7.3 Cropping Patterns in Major Markets
8.7.4 Role of Agents in the Shrimp Farming Industry
8.7.5 Types of Contracts in the Shrimp Farming Industry
8.7.6 Competitiveness Among the Major Markets
8.7.7 Impact of Macro and Micro Economic Environment
8.7.8 Government Support and Subsidies
8.7.9 Competitive Landscape
8.8 Shrimp Processing
8.8.1 Regional Insights
8.8.2 Primary Processing and Large-Scale Industrial Shrimp Processing
8.8.3 Role of Agents in the Shrimp Processing Industry
8.8.4 Types of Contracts in the Shrimp Processing Industry
8.8.5 Potential Markets for Processed Shrimp
8.8.6 Competitiveness Among the Major Markets
8.8.7 Impact of Macro and Micro Economic Environment
8.8.8 Government Support and Subsidies
8.8.9 Competitive Landscape
8.9 Value Added Shrimp
8.9.1 Types of Value-Added Products
8.9.2 Processing Requirements
8.9.3 Infrastructure and Skill Requirements
8.9.4 Key Market Drivers and Challenges
8.10 Shrimp Exports
8.10.1 Regional Insights
8.10.2 Competitiveness Among the Major Exporting Countries
8.10.3 Value Added Shrimp Exports
8.11 Price and Margin Analysis
8.11.1 Shrimp Feed Price Structure
8.11.2 Shrimp Feed Price Trends
8.11.3 Shrimp Feed: Revenues and Profit Margins
8.11.4 Farmed Shrimp Price Structure
8.11.5 Farmed Shrimp Price Trends
8.11.6 Shrimp Farming: Revenues and Profit Margins
8.11.7 Processed Shrimp Price Structure
8.11.8 Processed Shrimp Price Trends
8.11.9 Shrimp Processing: Revenues and Profit Margins
8.12 Shrimp Industry SWOT Analysis
8.12.1 Overview
8.12.2 Strengths
8.12.3 Weaknesses
8.12.4 Opportunities
8.12.5 Threats
8.13 Shrimp Industry Porters Five Forces Analysis
8.13.1 Overview
8.13.2 Bargaining Power of Buyers
8.13.3 Bargaining Power of Suppliers
8.13.4 Degree of Rivalry
8.13.5 Threat of New Entrants
8.13.6 Threat of Substitutes
9 Major Farmed Shrimp Producing Regions
9.1 China
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 India
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Indonesia
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Vietnam
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Thailand
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Ecuador
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Major Farmed Shrimp Consuming Regions
10.1 United States
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 China
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Europe
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Japan
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Indonesia
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Farmed Shrimp Market Breakup by Species
11.1 Penaeus Vannamei
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Penaeus Monodon
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Macrobrachium Rosenbergii
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Others
11.4.1 Market Trends
11.4.2 Market Forecast
12 Farmed Shrimp Market Breakup by Shrimp Size
12.1 Size <21
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Size 21-25
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 Size 26-30
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Size 31-40
12.4.1 Market Trends
12.4.2 Market Forecast
12.5 Size 41-50
12.5.1 Market Trends
12.5.2 Market Forecast
12.6 Size 51-60
12.6.1 Market Trends
12.6.2 Market Forecast
12.7 Size 61-70
12.7.1 Market Trends
12.7.2 Market Forecast
12.8 Size >70
12.8.1 Market Trends
12.8.2 Market Forecast
13 Farmed Shrimp Market Breakup by Distribution Channel
13.1 Hypermarkets and Supermarkets
13.1.1 Market Trends
13.1.2 Market Forecast
13.2 Convenience Stores
13.2.1 Market Trends
13.2.2 Market Forecast
13.3 Hotels and Restraunts
13.3.1 Market Trends
13.3.2 Market Forecast
13.4 Online Sales
13.4.1 Market Trends
13.4.2 Market Forecast
13.5 Others
13.5.1 Market Trends
13.5.2 Market Forecast
14 Market for Value Added Shrimp Products
14.1 Market Overview
14.2 Market Performance
14.3 Market Breakup by Region
14.4 Market Breakup by Type
14.5 Market Forecast
15 Imports of Processed Shrimps
15.1 Peeled
15.2 Shell-On
15.3 Cooked
15.4 Breaded
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
17 Shrimp Processing
17.1 Product Overview
17.2 Detailed Process Flow
17.3 Various Types of Unit Operations Involved
17.4 Mass Balance and Raw Material Requirements
18 Project Details, Requirements and Costs Involved
18.1 Land Requirements and Expenditures
18.2 Construction Requirements and Expenditures
18.3 Plant Machinery
18.4 Machinery Pictures
18.5 Raw Material Requirements and Expenditures
18.6 Raw Material and Final Product Pictures
18.7 Packaging Requirements and Expenditures
18.8 Transportation Requirements and Expenditures
18.9 Utility Requirements and Expenditures
18.10 Manpower Requirements and Expenditures
18.11 Other Capital Investments
19 Loans and Financial Assistance
20 Project Economics
20.1 Capital Cost of the Project
20.2 Techno-Economic Parameters
20.3 Product Pricing and Margins Across Various Levels of the Supply Chain
20.4 Taxation and Depreciation
20.5 Income Projections
20.6 Expenditure Projections
20.7 Financial Analysis
20.8 Profit Analysis
21 Key Player Profiles
21.1 Apex Frozen Foods Ltd
21.2 Aqua Star (Admiralty Island Fisheries Inc.)
21.3 Charoen Pokphand Foods PCL
21.4 Grand Ocean Seafoods Co. Ltd
21.5 Grupo Ibérica Congelados S.A.
21.6 Liveris Afentoulis & Co.
21.7 Mazzetta Company LLC
21.8 Nordic Seafood A/S (Nippon Suisan Kaisha Ltd.)
21.9 Ocean More Foods Co. Ltd
21.10 Pacific Seafood
21.11 Seaprimexco Vietnam
21.12 Thai Union Group PCL
List of Figures
Figure 1: Global: Shrimp Industry: Major Drivers and Challenges
Figure 2: Global: Shrimp Market (Wild and Farmed): Volume Trends (in Million Tons), 2018-2023
Figure 3: Global: Shrimp Market (Wild and Farmed): Value Trends (in Billion US$), 2018-2023
Figure 4: Global: Shrimp Market: Breakup by Environment (in %), 2023
Figure 5: Global: Shrimp Market (Wild and Farmed) Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 6: Global: Shrimp Market (Wild and Farmed) Forecast: Value Trends (in Billion US$), 2024-2032
Figure 7: Global: Shrimp Market (Farmed): Volume Trends (in Million Tons), 2018-2023
Figure 8: Global: Shrimp Market (Farmed): Value Trends (in Million US$), 2018-2023
Figure 9: Global: Shrimp Market: Production by Region (in %), 2023
Figure 10: Global: Shrimp Market: Consumption by Region (in %), 2023
Figure 11: Global: Shrimp Market: Breakup by Species (in %), 2023
Figure 12: Global: Shrimp Market: Breakup by Size (in %), 2023
Figure 13: Global: Shrimp Market: Breakup by Distribution Channel (in %), 2023
Figure 14: Global: Shrimp Market (Farmed) Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 15: Global: Shrimp Market (Farmed) Forecast: Value Trends (in Million US$), 2024-2032
Figure 16: Global: Shrimp Market (Wild): Volume Trends (in Million Tons), 2018-2023
Figure 17: Global: Shrimp Market (Wild): Value Trends (in Million US$), 2018-2023
Figure 18: Global: Shrimp Market (Wild) Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 19: Global: Shrimp Market (Wild) Forecast: Value Trends (in Million US$), 2024-2032
Figure 20: Shrimp Market: Block-frozen Vs IQF Products
Figure 21: Global: Shrimp Industry: Value Chain Analysis
Figure 22: Global: Shrimp Feed Market: Breakup by Region (in %), 2023
Figure 23: Shrimp Feed Manufacturing: Various Unit Operations Involved
Figure 24: Global: Shrimp Feed Market: Breakup by Feed Type (in %), 2023
Figure 25: Global: Shrimp Feed Market: Breakup by Ingredient Type (in %), 2023
Figure 26: Global: Shrimp Feed Market: Breakup by Additive Type (in %), 2023
Figure 27: Shrimp Farming: Detailed Process Flow
Figure 28: Shrimp Processing: Detailed Process Flow
Figure 29: Shrimp Feed Manufacturing: Price Structure
Figure 30: Shrimp Feed Market: Average Prices (in US$/Kg), 2018-2032
Figure 31: Shrimp Feed Market: Margins at Various Levels of the Supply Chain
Figure 32: Farmed Shrimp: Price Structure
Figure 33: Farmed Shrimp: Average Prices (in US$/Kg), 2018-2032
Figure 34: Shrimp Farming: Margins at Various Levels of the Supply Chain
Figure 35: Processed Shrimp: Price Structure
Figure 36: Processed Shrimp: Average Prices (in US$/Kg), 2018-2032
Figure 37: Shrimp Processing: Margins at Various Levels of the Supply Chain
Figure 38: Global: Shrimp Industry: SWOT Analysis
Figure 39: Global: Shrimp Industry: Porter’s Five Forces Analysis
Figure 40: China: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 41: China: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 42: India: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 43: India: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 44: Indonesia: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 45: Indonesia: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 46: Vietnam: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 47: Vietnam: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 48: Thailand: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 49: Thailand: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 50: Ecuador: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 51: Ecuador: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 52: Other Producing Regions: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 53: Other Producing Regions: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 54: United States: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 55: United States: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 56: China: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 57: China: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 58: Europe: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 59: Europe: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 60: Japan: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 61: Japan: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 62: Indonesia: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 63: Indonesia: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 64: Other Consuming Regions: Shrimp Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 65: Other Consuming Regions: Shrimp Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 66: Global: Shrimp (Penaeus Vannamei) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 67: Global: Shrimp (Penaeus Vannamei) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 68: Global: Shrimp (Penaeus Monodon) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 69: Global: Shrimp (Penaeus Monodon) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 70: Global: Shrimp (Macrobrachium Rosenbergii) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 71: Global: Shrimp (Macrobrachium Rosenbergii) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 72: Global: Shrimp (Other Species) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 73: Global: Shrimp (Other Species) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 74: Global: Shrimp (in Size of <21) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 75: Global: Shrimp (in Size of <21) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 76: Global: Shrimp (in Size of 21-25) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 77: Global: Shrimp (in Size of 21-25) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 78: Global: Shrimp (in Size of 26-30) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 79: Global: Shrimp (in Size of 26-30) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 80: Global: Shrimp (in Size of 31-40) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 81: Global: Shrimp (in Size of 31-40) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 82: Global: Shrimp (in Size of 41-50) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 83: Global: Shrimp (in Size of 41-50) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 84: Global: Shrimp (in Size of 51-60) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 85: Global: Shrimp (in Size of 51-60) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 86: Global: Shrimp (in Size of 61-70) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 87: Global: Shrimp (in Size of 61-70) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 88: Global: Shrimp (in Size of >70) Market: Volume Trends (in Million Tons), 2018 & 2023
Figure 89: Global: Shrimp (in Size of >70) Market Forecast: Volume Trends (in Million Tons), 2024-2032
Figure 90: Global: Shrimp Market (Sales through Hypermarkets and Supermarkets): Volume Trends (in Million Tons), 2018 & 2023
Figure 91: Global: Shrimp Market Forecast (Sales through Supermarkets and Hypermarkets): Volume Trends (in Million Tons), 2024-2032
Figure 92: Global: Shrimp Market (Sales through Convenience Stores): Volume Trends (in Million Tons), 2018 & 2023
Figure 93: Global: Shrimp Market Forecast (Sales through Convenience Stores): Volume Trends (in Million Tons), 2024-2032
Figure 94: Global: Shrimp Market (Sales through Hotels and Restraunts): Volume Trends (in Million Tons), 2018 & 2023
Figure 95: Global: Shrimp Market Forecast (Sales through Hotels and Restraunts): Volume Trends (in Million Tons), 2024-2032
Figure 96: Global: Shrimp Market (Sales through Online Stores): Volume Trends (in Million Tons), 2018 & 2023
Figure 97: Global: Shrimp Market Forecast (Sales through Online Stores): Volume Trends (in Million Tons), 2024-2032
Figure 98: Global: Shrimp Market (Sales through Other Distribution Channels): Volume Trends (in Million Tons), 2018 & 2023
Figure 99: Global: Shrimp Market Forecast (Sales through Other Distribution Channels): Volume Trends (in Million Tons), 2024-2032
Figure 100: Global: Shrimp Market (Value Added Products): Volume Trends (in Million Tons), 2018 & 2023
Figure 101: Global: Value Added Shrimp Market: Breakup by Region (in %), 2023
Figure 102: Global: Value Added Shrimp Market: Breakup by Product Type (in %), 2023
Figure 103: Global: Shrimp Market Forecast (Value Added Products): Volume Trends (in Million Tons), 2024-2032
Figure 104: Global: Processed Shrimp Imports Market: Breakup by Shrimp Type (in %), 2023
Figure 105: Shrimp Processing Plant: Detailed Process Flow
Figure 106: Shrimp Processing: Conversion Rate of Feedstocks
Figure 107: Shrimp Processing Plant: Proposed Plant Layout
Figure 108: Shrimp Processing Plant: Breakup of Capital Costs (in %)
Figure 109: Shrimp Industry: Profit Margins at Various Levels of the Supply Chain
Figure 110: Shrimp Processing: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Shrimp (Wild and Farmed) Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Shrimp (Farmed) Market: Key Industry Highlights, 2023 and 2032
Table 3: Global: Shrimp (Wild) Market: Key Industry Highlights, 2023 and 2032
Table 4: Global: Shrimp Feed Market: Key Manufacturers
Table 5: Global: Shrimp Feed Market: Competitive Structure
Table 6: Global: Shrimp Farming: Competitiveness Among the Major Markets
Table 7: Global: Shrimp Farming: Competitive Structure
Table 8: Global: Shrimp Processing: Competitiveness Among the Major Markets
Table 9: Global: Shrimp Processing Market: Competitive Structure
Table 10: Shrimp Processing: Value Added Products
Table 11: Global: Shrimp Exports Market: Competitiveness Among the Major Exporting Markets
Table 12: Global: Shrimp Market Forecast: Production Breakup by Region (in Million Tons), 2024-2032
Table 13: Global: Shrimp Market Forecast: Consumption Breakup by Region (in Million Tons), 2024-2032
Table 14: Global: Shrimp Market Forecast: Breakup by Species (in Million Tons), 2024-2032
Table 15: Global: Shrimp Market Forecast: Breakup by Shrimp Size (in Million Tons), 2024-2032
Table 16: Global: Shrimp Market Forecast: Breakup by Distribution Channel (in Million Tons), 2024-2032
Table 17: Global: Value Added Shrimp Market: Key Industry Highlights, 2023 and 2032
Table 18: Global: Shrimp Market: Competitive Structure
Table 19: Global: Shrimp Market: Key Players
Table 20: Shrimp Processing Plant: Raw Material Requirements (in Tons/Day)
Table 21: Shrimp Processing Plant: Costs Related to Land and Site Development (in US$)
Table 22: Shrimp Processing Plant: Costs Related to Civil Works (in US$)
Table 23: Shrimp Processing Plant: Costs Related to Machinery (in US$)
Table 24: Shrimp Processing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (in US$/Ton)
Table 25: Shrimp Processing Plant: Costs Related to Salaries and Wages in the First Year (in US$)
Table 26: Shrimp Processing Plant: Costs Related to Salaries and Wages in the Second Year (in US$)
Table 27: Shrimp Processing Plant: Costs Related to Salaries and Wages from Third Year Onwards (in US$)
Table 28: Shrimp Processing Plant: Costs Related to Other Capital Investments (in US$)
Table 29: Details of Financial Assistance Offered by Financial Institutions
Table 30: Shrimp Processing Plant: Capital Costs (in US$)
Table 31: Shrimp Processing Plant: Techno-Economic Parameters
Table 32: Shrimp Processing Plant: Taxation and Depreciation
Table 33: Shrimp Processing Plant: Income Projections (in US$)
Table 34: Shrimp Processing Plant: Expenditure Projections (in US$)
Table 35: Shrimp Processing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 36: Shrimp Processing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 37: Shrimp Processing Plant: Profit and Loss Account
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