Spain Shrimp Market

Spain Shrimp Market Overview:

The Spain shrimp market size reached USD 1.15 Billion in 2024. The market is projected to reach USD 1.73 Billion by 2033, exhibiting a growth rate (CAGR) of 4.18% during 2025-2033. The market is expanding as higher household seafood consumption and better cold storage facilities drive supply. Continuous focus on sustainable aquaculture and steady imports further support Spain shrimp market share among local suppliers, restaurants, and growing retail distribution channels across the country.

Spain Shrimp Market Trends:

Growing Domestic Demand in Spain

The Spain shrimp market growth is supported by more households choosing convenient seafood options that are easy to store and cook. Hotels and restaurants keep adding shrimp dishes to attract tourists and locals, driving larger orders from suppliers. Rising disposable incomes have made buyers more open to ready-to-cook packs and seasoned frozen shrimp. Local processors are setting up modern plants and better cold storage to handle these shifts. Mid-level distributors now use online sales channels to reach small shops and direct customers faster. Some fishing communities are gradually turning to shrimp farming as it offers better returns than some traditional catches. Though Spain still depends heavily on imports, this slow increase in local supply helps balance demand. Brands now highlight clean farming and sustainability labels to appeal to shoppers who care about where their food comes from. Supermarkets are stocking more frozen shrimp in ready packs to meet busy consumers’ needs. Over recent months, trade associations have seen more small neighborhood stores selling frozen shrimp, as families buy packs for quick meals. This keeps sales stable across different retail channels and supports steady supply from farms and ports.

Import Supply and Export Sales

Imported shrimp keeps retail prices stable for shops and food outlets across Spain. Shipments from Ecuador, India, and Argentina fill the gap during busy holiday months when local production cannot meet orders alone. Exporters in Spain now push processed shrimp packs to other parts of Europe under private brands. Many large seafood traders partner with ports to handle customs checks and storage faster, avoiding delays that can damage quality. Major ports such as Valencia and Algeciras have expanded storage and handling capacity, which helps keep the supply flowing. Farmers in coastal areas are trying new methods to boost pond yields without harming nearby waterways. Small producer groups are building cold storage near farms to cut transport costs and keep products fresh. Some local authorities provide small funding for better equipment to meet European standards for responsible farming. Export companies are joining international food shows more often to present easy-cook shrimp snacks and frozen trays to buyers overseas. Countries like France and Italy have shown interest in bulk deals for pre-cooked shrimp. These combined efforts strengthen supply and trade routes, supporting reliable sales at home and a stronger presence in European markets.

Spain Shrimp Market Segmentation:

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:

• Farmed Shrimp
• Wild Shrimp

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:

• Penaeus Vannamei
• Penaeus Monodon
• Macrobrachium Rosenbergii
• Others

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:

• <21
• 21-25
• 26-30
• 31-40
• 41-50
• 51-60
• 61-70
• >70

The report has provided a detailed breakup and analysis of the market based on the shrimp size. This includes <21, 21-25, 26-30, 31-40, 41-50, 51-60, 61-70, and >70.

Distribution Channel Insights:

• Hypermarkets and Supermarkets
• Convenience Stores
• Hotels and Restaurants
• Online Sales
• Others

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.

Regional Insights:

• Northern Spain
• Eastern Spain
• Southern Spain
• Central Spain

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Spain, Eastern Spain, Southern Spain, and others.

Competitive Landscape:

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.

Spain Shrimp Market News:

• June 2025: Spain’s Froxa launched premium shrimp brands with new packaging technology to strengthen exports and retail presence worldwide. This move helped ease supply chain pressures and improved Spain shrimp market development by boosting quality standards, shelf appeal, and global competitiveness for local processors.
• November 2024: Oceanloop secured a €35 Million loan from the European Investment Bank to expand its RAS shrimp farms in Germany and Gran Canaria. This step supported Spain’s shrimp market by boosting local supply, advancing sustainable land-based farming, and reducing import reliance.

Spain Shrimp Market Report Coverage:

Key Questions Answered in This Report:

• How has the Spain shrimp market performed so far and how will it perform in the coming years?
• What is the breakup of the Spain shrimp market on the basis of environment?
• What is the breakup of the Spain shrimp market on the basis of species?
• What is the breakup of the Spain shrimp market on the basis of shrimp size?
• What is the breakup of the Spain shrimp market on the basis of distribution channel?
• What is the breakup of the Spain shrimp market on the basis of region?
• What are the various stages in the value chain of the Spain shrimp market? 
• What are the key driving factors and challenges in the Spain shrimp market?
• What is the structure of the Spain shrimp market and who are the key players?
• What is the degree of competition in the Spain shrimp market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Spain shrimp market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Spain shrimp market.
• Porter's Five Forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Spain shrimp industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.