United States Shrimp Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

$ 1999




The US shrimp market reached a volume of X Million Tons in 2017. The country represents the second largest consumer of shrimps after China. In the US, shrimps also represent one of the most consumed seafood accounting for around 25%-30% of the entire seafood market in the country. The majority of the shrimp supply in the US is imported from South Asian and Latin American countries to meet its rapidly growing demand.

The consumption of shrimps in the US has been increasing in recent years driven by its numerous health benefits. Shrimps are rich in astaxanthin, a component of algae that helps in preventing various chronic health diseases. Astaxanthin is also good for brain and heart health. It prevents damage to brain cells and increases the levels of “good” HDL cholesterol.  Shrimps are also low in carbohydrates and calories, rich in protein and packed with nutrients which makes it perfect for health and diet conscious consumers. A particular trend in the US market is an increasing consumer demand for value added and convenient shrimp products, this includes lightly preserved products, products that require no or minimal cooking time such as “ready-to eat”, “ready-to-cook” or “ready-to-serve” shrimps, hygienically prepared and attractively packed products, etc. Looking forward, the market volume is expected to reach X Million Tons by 2023, exhibiting a CAGR of X% during 2018-2023.

Market Summary:

  • On the basis of shrimp source, the market has been segmented into farmed shrimp and wild shrimp. Farmed shrimps currently dominate the market.
  • The US shrimp market is currently dependent upon imports.  
  • Based on the species, the market has been segmented as penaeus vannamei, penaeus monodon, macrobrachium rosenbergii and others. Penaeus vannamei currently accounts for the highest share.
  • The market has also been segmented on the basis of category as peeled, shell-on, cooked, breaded and others.
  • On the basis of distribution channel, the market has been segmented as hypermarkets and supermarkets, convenience stores, hotels and restaurants, online stores and others.


This report provides a deep insight into the United States shrimp market 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. 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 United States shrimp market in any manner.

Key Questions Answered in This Report:

  • How has the United States shrimp market performed so far and how will it perform in the coming years?
  • What is the breakup of the United States shrimp market on the basis of shrimp source?
  • What is the breakup of the United States shrimp market on the basis of domestic production and imports?
  • What is the breakup of the United States shrimp market on the basis of various species?
  • What is the breakup of the United States shrimp market on the basis of product categories?
  • What is the breakup of the United States shrimp market on the basis of distribution channel?
  • What are the various stages in the value chain of the United States shrimp market?
  • What are the key driving factors and challenges in the United States shrimp market?
  • What is the structure of the United States shrimp market and who are the key players?
  • What is the degree of competition in the United States shrimp market?

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 Farmed Shrimp and Wild Shrimp
    5.4    Market Forecast
6    Global Farmed Shrimp Market
    6.1    Market Overview
    6.2    Market Performance
        6.2.1    Volume Trends
        6.2.2    Value Trends
    6.3    Production Breakup by Region
    6.4    Consumption Breakup by Region
    6.5    Market Breakup by Species
    6.6    Market Breakup by Shrimp Size
    6.7    Market Forecast
7    United States Shrimp Industry
    7.1    United States Shrimp Industry as a Part of the Seafood Industry
    7.2    Market Overview
    7.3    Market Performance
    7.4    Market Breakup by Shrimp Source
    7.5    Market Breakup by Domestic Production and Imports
    7.6    Market Breakup by Species
    7.7    Market Breakup by Product Categories
    7.8    Market Breakup by Distribution Channel
    7.9    Market Forecast
    7.10    SWOT Analysis
        7.10.1    Overview
        7.10.2    Strengths
        7.10.3    Weaknesses
        7.10.4    Opportunities
        7.10.5    Threats
    7.11    Value Chain Analysis
        7.11.1    Overview
        7.11.2    Shrimp Harvesting
        7.11.3    Commercial Fisherman
        7.11.4    Auction
        7.11.5    Peeling/Pre-processing
        7.11.6    Large Scale Industrial Processing
        7.11.7    Distribution
        7.11.8    Retail Market
        7.11.9    Institutional Market
    7.12    Porters Five Forces Analysis
        7.12.1    Overview
        7.12.2    Bargaining Power of Buyers
        7.12.3    Bargaining Power of Suppliers
        7.12.4    Degree of Competition
        7.12.5    Threat of New Entrants
        7.12.6    Threat of Substitutes
    7.13    Price Analysis
    7.14    Key Success and Risk Factors for Shrimp Industry
8    Market Breakup by Shrimp Source
    8.1    Farmed
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Wild
        8.2.1    Market Trends
        8.2.2    Market Forecast
9    Market Breakup by Domestic Production and Imports
    9.1    Domestic Production
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Imports
        9.2.1    Market Trends
        9.2.2    Market Forecast
10    Market Breakup by Species
    10.1    Penaeus Vannamei
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Penaeus Monodon
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Macrobrachium Rosenbergii
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Others
        10.4.1    Market Trends
        10.4.2    Market Forecast
11    Market Breakup by Product Categories
    11.1    Peeled
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    Shell-on
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Cooked
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Breaded
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Others
        11.5.1    Market Trends
        11.5.2    Market Forecast
12    Market Breakup by Distribution Channel
    12.1    Hypermarkets and Supermarkets
        12.1.1    Market Trends
        12.1.2    Market Forecast
    12.2    Convenience Stores
        12.2.1    Market Trends
        12.2.2    Market Forecast
    12.3    Hotels and Restaurants
        12.3.1    Market Trends
        12.3.2    Market Forecast
    12.4    Online Stores
        12.4.1    Market Trends
        12.4.2    Market Forecast
    12.5    Others
        12.5.1    Market Trends
        12.5.2    Market Forecast
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players


List of Figures

Figure 1: United States: Shrimp Market: Major Drivers and Challenges
Figure 2: Global: Shrimp Market: Production Volume (in Million Tons), 2010-2017
Figure 3: Global: Shrimp Market: Production Value (in Million US$), 2010-2017
Figure 4: Global: Shrimp Market: Breakup by Shrimp Source (in %), 2017
Figure 5: Global: Shrimp Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 6: Global: Shrimp Market Forecast: Production Value (in Million US$), 2018-2023
Figure 7: Global: Farmed Shrimp Market: Production Volume (in Million Tons), 2010-2017
Figure 8: Global: Farmed Shrimp Market: Production Value (in Million US$), 2010-2017
Figure 9: Global: Farmed Shrimp Market: Production Breakup by Region (in %), 2017
Figure 10: Global: Farmed Shrimp Market: Consumption Breakup by Region (in %), 2017
Figure 11: Global: Farmed Shrimp Market: Breakup by Species (in %), 2017
Figure 12: Global: Farmed Shrimp Market: Breakup by Shrimp Size (in %), 2017
Figure 13: Global: Farmed Shrimp Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 14: Global: Farmed Shrimp Market Forecast: Production Value (in Million US$), 2018-2023
Figure 15: United States: Shrimp Industry as a Part of the Seafood Industry (in %), 2017
Figure 16: United States: Shrimp Market: Consumption Volume (in Million Tons), 2010-2017
Figure 17: United States: Shrimp Market: Breakup by Farmed and Wild Shrimp (in %), 2017
Figure 18: United States: Shrimp Market: Breakup by Domestic Production and Imports (in %), 2017
Figure 19: United States: Shrimp Market: Breakup by Species (in %), 2017
Figure 20: United States: Shrimp Market: Breakup by Product Categories (in %), 2017
Figure 21: United States: Shrimp Market: Breakup by Distribution Channel (in %), 2017
Figure 22: United States: Shrimp Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 23: United States: Shrimp Industry: SWOT Analysis
Figure 24: United States: Shrimp Industry: Value Chain Analysis
Figure 25: United States: Shrimp Industry: Porter’s Five Forces Analysis
Figure 26: United States: Farmed Shrimp Market: Production Volume (in Million Tons), 2010 & 2017
Figure 27: United States: Farmed Shrimp Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 28: United States: Wild Shrimp Market: Production Volume (in Million Tons), 2010 & 2017
Figure 29: United States: Wild Shrimp Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 30: United States: Shrimp (Domestic Production) Market: Production Volume (in Million Tons), 2010 & 2017
Figure 31: United States: Shrimp (Domestic Production) Market Forecast: Production Volume (in Million Tons), 2018-2023
Figure 32: United States: Shrimp Market: Import Volume (in Million Tons), 2010 & 2017
Figure 33: United States: Shrimp Market Forecast: Import Volume (in Million Tons), 2018-2023
Figure 34: United States: Shrimp (Penaeus Vannamei) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 35: United States: Shrimp (Penaeus Vannamei) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 36: United States: Shrimp (Penaeus Monodon) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 37: United States: Shrimp (Penaeus Monodon) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 38: United States: Shrimp (Macrobrachium Rosenbergii) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 39: United States: Shrimp (Macrobrachium Rosenbergii) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 40: United States: Shrimp (Others Species) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 41: United States: Shrimp (Other Species) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 42: United States: Shrimp (Peeled) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 43: United States: Shrimp (Peeled) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 44: United States: Shrimp (Shell-on) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 45: United States: Shrimp (Shell-on) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 46: United States: Shrimp (Cooked) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 47: United States: Shrimp (Cooked) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 48: United States: Shrimp (Breaded) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 49: United States: Shrimp (Breaded) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 50: United States: Shrimp (Other Product Categories) Market: Consumption Volume (in Million Tons), 2010 & 2017
Figure 51: United States: Shrimp (Other Product Categories) Market Forecast: Consumption Volume (in Million Tons), 2018-2023
Figure 52: United States: Shrimp Market: Sales through Hypermarket and Supermarket (in Million Tons), 2010 & 2017
Figure 53: United States: Shrimp Market Forecast: Sales through Hypermarkets and Supermarkets (in Million Tons), 2018-2023
Figure 54: United States: Shrimp Market: Sales through Convenience Stores (in Million Tons), 2010 & 2017
Figure 55: United States: Shrimp Market Forecast: Sales through Convenience Stores (in Million Tons), 2018-2023
Figure 56: United States: Shrimp Market: Sales through Hotels and Restaurants (in Million Tons), 2010 & 2017
Figure 57: United States: Shrimp Market Forecast: Sales through Hotels and Restaurants (in Million Tons), 2018-2023
Figure 58: United States: Shrimp Market: Online Sales (in Million Tons), 2010 & 2017
Figure 59: United States: Shrimp Market Forecast: Online Sales (in Million Tons), 2018-2023
Figure 60: United States: Shrimp Market: Sales through Other Distribution Channel (in Million Tons), 2010 & 2017
Figure 61: United States: Shrimp Market Forecast: Sales through Other Distribution Channel (in Million Tons), 2018-2023


List of Tables

Table 1: Global: Shrimp Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Farmed Shrimp Market: Key Industry Highlights, 2017 and 2023
Table 3: United States: Shrimp Market: Key Industry Highlights, 2017 and 2023
Table 4: United States: Shrimp Market Forecast: Breakup by Shrimp Source (in Million Tons), 2018-2023
Table 5: United States: Shrimp Market Forecast: Breakup by Domestic Production and Imports (in Million Tons), 2018-2023
Table 6: United States: Shrimp Market Forecast: Breakup by Species (in Million Tons), 2018-2023
Table 7: United States: Shrimp Market Forecast: Breakup by Product Categories (in Million Tons), 2018-2023
Table 8: United States: Shrimp Market Forecast: Breakup by Distribution Channel (in Million Tons), 2018-2023
Table 9: United States: Shrimp Industry Market Structure
Table 10: United States: Shrimp Industry: Key Players


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