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.
Report Attribute
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Key Statistics
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Base Year
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2024 |
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 451.39 Million |
Market Forecast in 2033 | USD 637.48 Million |
Market Growth Rate 2025-2033 | 3.91% |
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.
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 shrimp size. 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.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Bangkok, Eastern, Northeastern, Southern, Northern, 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 |
Regions Covered | Bangkok, Eastern, Northeastern, Southern, Northern, 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: