Thailand Shrimp Market

Thailand Shrimp Market Overview:

The Thailand shrimp market size reached USD 451.39 Million in 2024. The market is projected to reach USD 637.48 Million by ​2033​, exhibiting a growth rate (CAGR) of 3.91% during ​2025-2033​. The market is expanding due to firm export demand, better disease control on farms, and wider use of clean farming methods. Ongoing upgrades in feed quality and pond systems continue to strengthen Thailand shrimp market share across key global retail and food service channels.

Thailand Shrimp Market Trends:

Overseas Orders Drive Steady Sales

Thailand shrimp market growth has stayed firm due to stable demand in key export destinations and solid support at home. Shrimp from Thailand continues to see strong orders from the US, Japan, and European markets, which has helped producers bounce back from earlier disease issues and supply dips. Hatcheries have improved breeding stock and water filtration, giving farmers healthier young shrimp. Feed makers now supply feeds that cut down disease risks and support better growth. Many farms have put stronger checks in place to tackle problems like early mortality, which once caused heavy losses. Exporters have locked in supply deals with large supermarket chains and restaurant brands to keep shipments moving. Processing plants have added new freezing systems and packaging lines to keep shrimp fresh longer. Producers have also pushed out easy-cook products like frozen breaded shrimp and seasoned packs for international stores. These changes help Thailand remain a reliable source of premium shrimp. New training projects for farm workers have helped reduce antibiotic use and protect pond health. All these steps mean more consistent supply and better quality, which keeps Thailand well-placed to serve buyers looking for safe and dependable shrimp at stable prices.

Greener Practices Lift Local Farms

More Thai shrimp farms have been moving to cleaner ways of working to avoid harming local land and waterways. Farmers have started using safer pond chemicals and recycling pond water to cut pollution. Industry groups and officials now check that farms do not overuse land or discharge untreated waste. Recently, many farms added better aerators and water cleaning equipment to improve water flow and keep shrimp healthy. Some farmers switched to solar pumps and small biogas units to reduce fuel costs and energy use. Independent checks for international eco-labels have grown more common, helping exporters prove their shrimp comes from careful, responsible farms. Buyers in Europe and North America often prefer this, so exporters highlight these improvements to build trust. Small farms are joining groups to share storage and transport, which keeps shrimp fresh until delivery. Feed producers are trying new mixes using plant-based proteins to reduce how much wild fish they need. Better shipping and cold chain steps help limit spoilage during export. By updating daily work and investing together, farms across Thailand are keeping supply steady and meeting rising demand for shrimp that is grown with care for the environment and long-term local jobs.

Thailand 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:

• Bangkok
• Eastern
• Northeastern
• Southern
• Northern
• Others 

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

Thailand Shrimp Market News:

• May 2025: Thai Union Feedmill launched the Shrimp Decarbonization Project to cut shrimp farming emissions by up to thirty-five percent. This supported Thailand’s shrimp market by promoting cleaner feed, solar power use, and better farming methods, boosting access to premium export markets.
• December 2024: Sea Farms in Thailand installed Ace Aquatec’s portable in-water stunning system through a partnership with the Shrimp Welfare Project. This step supported Thailand’s shrimp market by improving humane harvesting practices, raising welfare standards, and helping producers enhance supply chain quality and efficiency.

Thailand Shrimp Market Report Coverage:

Key Questions Answered in This Report:

• How has the Thailand shrimp market performed so far and how will it perform in the coming years?
• What is the breakup of the Thailand shrimp market on the basis of environment?
• What is the breakup of the Thailand shrimp market on the basis of species?
• What is the breakup of the Thailand shrimp market on the basis of shrimp size?
• What is the breakup of the Thailand shrimp market on the basis of distribution channel?
• What is the breakup of the Thailand shrimp market on the basis of region?
• What are the various stages in the value chain of the Thailand shrimp market? 
• What are the key driving factors and challenges in the Thailand shrimp market?
• What is the structure of the Thailand shrimp market and who are the key players?
• What is the degree of competition in the Thailand 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 Thailand shrimp market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Thailand 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 Thailand 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.