Title: Global Shrimp Market is expected to be 6.7 Million Tonnes by the end of the year 2024
1Global Shrimp Market
2Report Description and Highlights
Analyst View
Shrimp is one of the most common and popular
types of seafood consumed by the people across
the world due to its high nutritional content.
Shrimps are a moderate source of omega-3 fatty
acids, high in protein and low in fat. Various
studies around the world indicate favorable
health benefits of shrimp consumption which
include weight loss, hair growth, anti-aging,
anti-cancer and prevention of cardiovascular
diseases. Owing to these health benefits the
demand for shrimps is increasing very rapidly.
With increasing shrimps production, with the
rising consumer purchasing power, the Global
Shrimp Market is likely to witness significant
growth in the next couple of years. In addition,
the increasing trend of low fat and healthy food
consumption also boost the growth of the shrimp
market in the recent future. Global Shrimp Market
is expected to be 6.7 Million Tonnes by the end
of the year 2024.
3Global Shrimp Market
Renub Research report titled Global Shrimp
Market by Export, Import, Production,
Consumption, (Countries India, China, Vietnam,
Indonesia, Thailand, Ecuador, United States,
Europe, Spain, France, Japan) Species (L.
vannamei, P. monodon, M. rosenbergii, Other),
Size (gt70, 61-70, 51-60, 41-50, 31-40, 26-30,
21-25, 15-20, lt15) Product Form (Green / Head-on,
Green / Head-off, Peeled, Cooked, Breaded, Other
Forms), Value Chain Analysis Forecast provides
a complete analysis of global shrimp market.
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et-nd.php
4Global Shrimp Market
The shrimp market has grown considerably over the
years. Today, Shrimp business has become one of
the most competitive among the global market. A
number of regional and global players are now
targeting consumers who are seeking healthy, low
fat and high-quality marine products. For shrimp
industry players North America and Europe are
the major markets as the per capita shrimp
consumption is growing gradually among these
regions. Sales of all types of shrimps are
expected to increase in the forthcoming years
owing to consumer preference for seafood and
sweet taste globally. Traditionally in the
shrimp market, China, Thailand, India, Ecuador,
Indonesia, Malaysia, Vietnam, and Bangladesh are
among the worlds leading shrimp producing
countries. East Asia is the prime site for the
shrimp production where shrimps hatcheries and
farms are concentrated. The shrimp species like
L. vannamei, P. monodon, M. rosenbergii, also
known as white shrimps, king prawn, Tiger
shrimps, and white leg shrimp are some of the
major shrimp species which are found in abundance
in these East Asian countries. During the past
few years, India has appeared as one of the
leading shrimp producers and exporters. Adoption
of Pacific white L. vannamei as the main shrimp
species by Indias growing aquaculture industry
is one of the major factors that help India to
grow more into the shrimp market. India is among
the largest exporter of white shrimp to the
United States.
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5Global Shrimp Market
Forecast for Global Shrimp Volume Share by
Exporting Regions () 2018 - 2024
Source Renub Research Analysis
Note These are dummy figures
actual data given in the report
6Global Shrimp Market
Increasing consumer demand owing to the health
benefits related to shrimp consumption
considerably driving the Global Shrimp Market. On
the other hand, Whispovirus (White Spot Syndrome
Virus) a viral disease threatens the shrimp
aquaculture immensely and so does its market as
various importing countries have implemented very
stricter quarantine regulations to the imported
shrimp products. Today, buyers are becoming more
quality oriented than that of the quantity. They
are now choosing quality shrimp products rather
than simply going to the quantity. However, it is
believed that this challenge can be minimized as
the industry players now are using advanced
method and technology in shrimp farming with the
focus on delivering the quality shrimp products
to their buyers.
7Global Shrimp MarketShare Analysis
Global Volume of Shrimp Aquaculture Production by
Size Categories
Source Renub Research Analysis
Note These are dummy figures
actual data given in the report
8Global Shrimp Market
- Market Summary
-
- Production-wise, China and India are one of the
biggest Producer of Shrimp. The report provides
the Shrimp production volume and production share
of India, China, Vietnam, Indonesia, Thailand,
and Ecuador. - Export-wise, India is one among the largest
exporter of Shrimp globally. The report provides
the Shrimp export volume and export share of
India, China, Vietnam, Indonesia, Thailand, and
Ecuador. - Consumption-wise, United States is the largest
consumer of shrimp. The report covers the Shrimp
consumption volume and consumption share of the
United States, Europe 26 (Spain, France), China
and Japan. - On the basis of species Whiteleg Shrimp has the
largest volume in the global supply chain. The
report provides global shrimp aquaculture
production by following species L. vannamei, P.
monodon and M. rosenbergii. - On the basis of forms Shrimp aquaculture
products by following forms Green / Head-on,
Green / Head-off, Peeled, Cooked, Breaded and
other forms production volume are also covered in
the report. - The report covers global volume of shrimp
aquaculture production by following sizes gt70,
61-70, 51-60, 41-50, 31-40, 26-30, 21-25, 15-20
and lt15 - Value chain analysis, growth drivers and key
challenges are also covered in this report.
9Key Topics Covered in Global Shrimp Market
1. Introduction 2. Research
Methodology 3. Executive Summary 4.
Global Shrimp Production 5. Global
Shrimp - Production Share 5.1 Consumption
Share by Countries 5.2 Production Share by
Countries 5.3 Export Share by Countries 6.
Global Shrimp Market 7. Global Shrimp
Producing Regions 7.1 India 7.2
China 7.3 Viet Nam 7.4 Indonesia 7.5
Thailand 7.6 Ecuador
10Key Topics Covered in Global Shrimp Market
11Key Topics Covered in Global Shrimp Market
12. Global Volume of Shrimp Aquaculture by
Product 12.1 Other Forms 12.2 Breaded 12.3
Cooked 12.4 Peeled 12.5 Green /
Head-off 12.6 Green / Head-on 13. Value
Chain Analysis 14. Growth Drivers
15. Key Challenges
12Key Topics Covered in Global Shrimp Market
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