Report Brief-
Historical Data: 2016-2020
Base year: 2021
Current Year Data: 2022
Projected Data: 2022-2028
"According to the research report published by IMR Market Research, Shrimp market size was estimated at USD 45.60 Billion in 2021 and is expected to reach USD 66.11 Billion in 2028 with a CAGR of 5.45% globally.”.
Shrimp, commonly known as Caridea and Dendrobranchiata, are decapod crustaceans that have elongated bodies and move by swimming. Caridea, smaller species within each group or only marine species might be used as more specific criteria. In a broader sense, shrimp and prawn are both stalk-eyed swimming crustaceans with long, narrow muscular tails (abdomens), long whiskers (antennae), and slender legs. Shrimps play a crucial role in the marine food web. Larger shrimp species are being sought by commercial fisheries for human consumption. Some shrimp species are farmed in aquaculture in tropical climates. They eat a vast variety of plant and animal species, making them omnivores. They are natural prey for a variety of predators due to their small size and abundance. The shrimp industry is propelled by a variety of causes, including increased demand due to the expanding number of health advantages provided by shrimps, greater adoption of new environmentally friendly production techniques, contract farming, and government regulations.
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Global “Shrimp Market” Research provides growth potential, opportunities, drivers, industry-specific challenges and trends of top Key players. The report includes key indicators with market size, share and growth prospects of industry. It also covers regional segmentation (mainly covers types, applications), latest developments, emerging technologies with historical and forecast market data. Shrimp Market report delivers comprehensive insights on top growing key players with industry revenue, CAGR status, product scope, demand scenario, import-exports status and production-consumption status across all geographical regions.
The key players covered in the Shrimp market report is:
Charoen Pokphand Food PCL,The Clover Leaf Seafoods Family,Nippon Suisan Kaisha Ltd.,Marine Harvest ASA,Gulf Shrimp Company,Thai Union Frozen Products PLC,Baton Rouge Shrimp Company Inc.,Pescanova S.A,Galveston Shrimp Company,Labrador Fishermen's Union Shrim,Omarsa S.A,MSeafood Corp,Ristic GmbH,Vinnbio India Pvt. Ltd,Seajoy Group,Dom International Limited,Carribbean Shrimp Company Limited,Artisanfish LLC,Ananda Group,Orchid Marine and other major players.
Segmentation of Shrimp market:
In market segmentation by Species, Shrimp Market report covers:
Gulf Shrimps,Farmed White leg Shrimps,Banded Coral Shrimps,Royal Red Shrimp
In market segmentation by Application, Shrimp Market report covers:
Food,Pharmaceutical,Cosmetics
Market Segment by Regions and Countries Level Analysis:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
· Middle East Africa (GCC Countries, South Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of South America)
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Recent trends and developments in the global Shrimp market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. Drivers and restraints impacting the growth of the market have also been analyzed. A segmentation of the global Smart market has been done for the purpose of a detailed study. The market is segmented on the basis of key criteria. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis.
Scope and Segmentation Of The Shrimp Market Research Report
Report Coverage | Details |
Forecast Period | 2022 to 2028 |
Forecast Period 2022 to 2028 CAGR | 8% |
2028 Value Projection | USD 61.25 Billion |
Base Year |
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Reasons to buy the global Shrimp market
1. This research identifies the region and market sector that is likely to expand the fastest and dominate the Shrimp industry.
2. Market analysis of the Shrimp by region, covering the consumption of the manufacturer in each country as well as the factors that influence the market within each region.
3. The market environment includes the top players’ Shrimp market rankings, as well as new service/product announcements, collaborations, company growth, and acquisitions made by the companies profiled in the previous five years.
4. For the top Shrimp market players, extensive company profiles with business overviews, company insights, product evaluations, and SWOT analyses are available.
5. The company’s present and future outlook in light of recent changes (which include both advanced and developing regions’ growth possibilities and drivers, as well as difficulties and restraints).
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