Global Shrimp Market to reach USD 6.48 billion by 2027

Global Shrimp Market Size study, by Species Type (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii and Penaeus stylirostris), by Shrimp Size (Size <_1_br />12.2 Size 21-25, Size 26-30, Size 31-40, Size 41-50, Size 51-60, Size 61-70 and Size >70), by Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores and Online Sales), and Regional Forecasts 2021-2027
Product Code:  OIRFAB_14695766
Chapter 1. Executive Summary 
 1.1. Market Snapshot
 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
 1.2.1. Shrimp Market, by Region, 2019-2027 (USD Billion)
 1.2.2. Shrimp Market, by Species Type, 2019-2027 (USD Billion)
 1.2.3. Shrimp Market, by Species Size , 2019-2027 (USD Billion)
 1.2.4. Shrimp Market, by Distribution Channel, 2019-2027 (USD Billion)
 1.3. Key Trends
 1.4. Estimation Methodology
 1.5. Research Assumption
 Chapter 2. Global Shrimp Market Definition and Scope 
 2.1. Objective of the Study
 2.2. Market Definition & Scope
 2.2.1. Scope of the Study
 2.2.2. Industry Evolution
 2.3. Years Considered for the Study
 2.4. Currency Conversion Rates
 Chapter 3. Global Shrimp Market Dynamics 
 3.1. Shrimp Market Impact Analysis (2019-2027)
 3.1.1. Market Drivers Health benefits it provides Rising shrimp farming and favourable government norms 
 3.1.2. Market Restraint High Cholesterol levels Prevalence of diseases in shrimps 
 3.1.3. Market Opportunities Rising urbanization and changing food habits due to busy lifestyle Growing consumer prevalence towards protein rich diet
 Chapter 4. Global Shrimp Market Industry Analysis
 4.1. Porter’s 5 Force Model
 4.1.1. Bargaining Power of Suppliers
 4.1.2. Bargaining Power of Buyers
 4.1.3. Threat of New Entrants
 4.1.4. Threat of Substitutes
 4.1.5. Competitive Rivalry
 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
 4.2. PEST Analysis
 4.2.1. Political 
 4.2.2. Economical
 4.2.3. Social 
 4.2.4. Technological 
 4.3. Investment Adoption Model
 4.4. Analyst Recommendation & Conclusion
 Chapter 5. Global Shrimp Market, by Species Type
 5.1. Market Snapshot 
 5.2. Global Shrimp Market by Species Type, Performance - Potential Analysis
 5.3. Global Shrimp Market Estimates & Forecasts by Species Type 2018-2027 (USD Billion)
 5.4. Shrimp Market, Sub Segment Analysis
 5.4.1. Penaeus Vannamei
 5.4.2. Penaeus Monodon
 5.4.3. Macrobrachium Rosenbergii
 5.4.4. Penaeus stylirostris
 Chapter 6. Global Shrimp Market, by Species Size
 a. Market Snapshot 
 6.1. Global Shrimp Market by Species Size, Performance - Potential Analysis
 6.2. Global Shrimp Market Estimates & Forecasts by Species Size 2018-2027 (USD Billion)
 6.3. Shrimp Market, Sub Segment Analysis
 6.3.1. Size <_1_br />12.2 Size 21-25
 6.3.2. Size 26-30
 6.3.3. Size 31-40
 6.3.4. Size 41-50
 6.3.5. Size 51-60
 6.3.6. Size 61-70
 6.3.7. Size >70
 Chapter 7. Global Shrimp Market, by Distribution Channel
 b. Market Snapshot 
 7.1. Global Shrimp Market by Distribution Channel, Performance - Potential Analysis
 7.2. Global Shrimp Market Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion)
 7.3. Shrimp Market, Sub Segment Analysis
 7.3.1. Hypermarkets and Supermarkets
 7.3.2. Convenience Stores 
 7.3.3. Online Sales
 Chapter 8. Global Shrimp Market, Regional Analysis
 8.1. Shrimp Market, Regional Market Snapshot 
 8.2. North America Shrimp Market 
 8.2.1. U.S. Shrimp Market Species Type breakdown estimates & forecasts, 2018-2027 Species Size breakdown estimates & forecasts, 2018-2027 Distribution Channel breakdown estimates & forecasts, 2018-2027
 8.2.2. Canada Shrimp Market
 8.3. Europe Shrimp Market Snapshot
 8.3.1. U.K. Shrimp Market 
 8.3.2. Germany Shrimp Market
 8.3.3. France Shrimp Market
 8.3.4. Spain Shrimp Market
 8.3.5. Italy Shrimp Market
 8.3.6. Rest of Europe Shrimp Market
 8.4. Asia-Pacific Shrimp Market Snapshot
 8.4.1. China Shrimp Market 
 8.4.2. India Shrimp Market 
 8.4.3. Japan Shrimp Market
 8.4.4. Australia Shrimp Market
 8.4.5. South Korea Shrimp Market
 8.4.6. Rest of Asia Pacific Shrimp Market
 8.5. Latin America Shrimp Market Snapshot
 8.5.1. Brazil Shrimp Market
 8.5.2. Mexico Shrimp Market
 8.6. Rest of The World Shrimp Market
 Chapter 9. Competitive Intelligence
 9.1. Top Market Strategies
 9.2. Company Profiles
 9.2.1. Mazzetta Company, LLC Key Information Overview Financial (Subject to Data Availability) Species Summary Recent Developments
 9.2.2. Ma Yo Foods Co., Ltd 
 9.2.3. United European Seafood Traders Ltd 
 9.2.4. Carson and Co
 9.2.5. Seaprimexco Vietnam 
 9.2.6. A B Golden Seafood 
 9.2.7. Ocean More Foods Co., Limited 
 9.2.8. Afentoulis Liveris & Co
 9.2.9. Midseas Corp 
 9.2.10. Grand Ocean Seafoods Co., Ltd 
 Chapter 10. Research Process
 10.1. Research Process
 10.1.1. Data Mining
 10.1.2. Analysis
 10.1.3. Market Estimation
 10.1.4. Validation
 10.1.5. Publishing
 10.2. Research Attributes
 10.3. Research Assumption

Global Shrimp Market is valued approximately at USD 4.52 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.74% over the forecast period 2021-2027. Shrimps are consumed as seafood and are also used in healthcare and cosmetics industries. The global Shrimp market is being driven by the health benefits it provides such as consumption of shrimps improves the brain health and heart health as they contain various antioxidants in them. Another important driving factor for the market is the rise in shrimp farming and related favorable government norms. For instance, according to the Fish Site report of 2021, the government of Indonesia is targeting the growth of young farmers in Indonesia through Millennial Shrimp Farming (MSF) for contributing to country’s shrimp production and can help to increase the country’s shrimp export value by up to 250 percent between 2020 and 2024 Furthermore, the rapid urbanization and rise in working population have led to shift in food habits due to busy lifestyle and growing consumer prevalence towards protein rich diet will provide new opportunities for the global Shrimp industry. For instance, according to World Economic Forum report of 2019, the world’s population in urban areas has raised six-folds as compared to 1950, from 751 million to 4.2 billion in 2018. However, illegal trading, high cholesterol levels in humans after consuming shrimps and prevalence of diseases in the shrimps may impede market growth over the forecast period of 2021-2027.

The regional analysis is segmented on the basis of the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World for the global Shrimp Market. Asia Pacific is the leading region across the world in terms of market share and is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to growing production of shrimps, large number of international trade of shrimps and the changing food habits of the young population in the region.

Major market player included in this report are:
Mazzetta Company, LLC
Ma Yo Foods Co., Ltd
United European Seafood Traders Ltd
Carson and Co
Seaprimexco Vietnam
A B Golden Seafood
Ocean More Foods Co., Limited
Afentoulis Liveris & Co
Midseas Corp
Grand Ocean Seafoods Co., Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Species offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Species Type:
Penaeus Vannamei
Penaeus Monodon
Macrobrachium Rosenbergii
Penaeus stylirostris
By Shrimp Size:
Size <_1_br />12.2 Size 21-25
Size 26-30
Size 31-40
Size 41-50
Size 51-60
Size 61-70
Size >70
By Distribution Channel:
Hypermarkets and Supermarkets
Convenience Stores
Online Sales

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Shrimp Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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