Global Shrimp Market Drivers, Key Players, Regions and Forecast to 2025 - PowerPoint PPT Presentation

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Global Shrimp Market Drivers, Key Players, Regions and Forecast to 2025

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The market research report identifies and prioritizes opportunities for global shrimp by source (capture fisheries, aquaculture), by species (whiteleg shrimp, natantian decapods nei, akiami paste shrimp, giant tiger prawn, banana prawn, northern prawn, others), by end-use (food, non-food), by region and Forecast 2017 to 2025 – PowerPoint PPT presentation

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Title: Global Shrimp Market Drivers, Key Players, Regions and Forecast to 2025


1
Global Shrimp Market
  • Size 2017 By Source (Capture Fisheries,
    Aquaculture), By Species (Whiteleg Shrimp,
    Natantian Decapods Nei, Akiami Paste Shrimp,
    Giant Tiger Prawn, Banana Prawn, Northern Prawn,
    Others), By End-use (Food, Non-Food), By Region
    and Forecast 2017 to 2025

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2
Rising Protein Demand To Drive The Global Shrimp
Market At A Projected CAGR Of 6.2
  • The global shrimp market value is projected to be
    worth USD 133.43 billion by 2025. Rising
    consumption of shrimp due to its high nutritional
    value and low cost is expected to drive the
    market demand over the projected period.
  • Shrimps are either wild captured or harvested in
    aquaculture ponds. Wild-captured results in the
    harvesting of different types of shrimp species,
    whereas only specific prawn species, can be
    harvested in an aquaculture pond by controlling
    various factors such as the rate of breeding and
    growth.
  • Rising shrimp demand has resulted in aquaculture
    outpacing capture fisheries to satiate the
    increasing global demand as well as to balance
    the aquatic ecology, which is skewed at present
    due to overfishing activities over the past
    decades. The average global shrimp prices were
    around USD 9 per kilogram in 2017 and are subject
    to change on a monthly basis depending on various
    factors including production and supply-demand
    gap. Correct composition of shrimp feed with
    variations based on the species, geography and
    type of the water source have been other factors
    determining the price of prawns.
  • Fish being a product primarily meant for direct
    human consumption (DHC) is subject to numerous
    stringent regulations. Companies adhere to
    numerous food safety and quality standards such
    as the certifications offered by EFSIS/BRC, GMP,
    HACCP, ACC, HALAL, Global Standard, and ISO 17025
    and ISO 9001. Certification and standardization
    have been critical factors in establishing the
    global shrimp market with numerous companies
    marketing the product under various brands.
    Additionally, this has helped companies to
    establish a brand recognition in numerous
    countries, especially in North America and Europe.

3
Rising Protein Demand To Drive The Global Shrimp
Market At A Projected CAGR Of 6.2
  • Thai Union Group, Aqua Star, Maruha Nichiro
    Corporation, Mazzetta Company, Charoen Pokphand
    Food PCL and Camanor Produtos Marinhos Ltda are
    the top seven players operating in the global
    shrimp market. These companies have tapped the
    potential present in the market and are expected
    to expand their footprint over the next few years
    via mergers acquisitions (MA) and product
    certification. For instance, in April 2018,
    Charoen Pokphand Foods PCL acquired 40 stake in
    Camanor Produtos Marinhos Ltda, one of Brazils
    top shrimp farmers and processors. The
    transaction was valued at USD 17.5 million (EUR
    14.1 million).
  • A summation of these factors implies the
    tremendous growth opportunity available for the
    global shrimp market to bridge the gap between
    supply and demand. However, shrimps can be
    harvested in specific climates, an advantage
    harbored by Asia Pacific and South American
    countries. These regions being the largest
    producers have witnessed tremendous growth in
    associated industries including cold chain supply
    and other logistic pockets.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/shrimp-market

4
key segments of the global shrimp market
  • Source Overview, 2012-2025 (Kilo Tons) (USD
    Million)
  • Capture fisheries
  • Aquaculture
  • Species Overview, 2012-2025 (Kilo Tons) (USD
    Million)
  • Whiteleg shrimp
  • Natantian decapods nei
  • Akiami paste shrimp
  • Giant Tiger Prawn
  • Banana prawn
  • Northern Prawn
  • Others

5
key segments of the global shrimp market
  • End-use Overview, 2012-2025 (Kilo Tons) (USD
    Million)
  • Food
  • Non-food
  • Regional Overview, 2012-2025 (Kilo Tons) (USD
    Million)
  • North America
  • Europe
  • Asia-Pacific
  • Middle East Africa
  • South America
  • Purchase a single user copy of the global shrimp
    market report https//www.adroitmarketresearch.com
    /researchreport/purchase/90

6
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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