October 30, 2020

Shrimp Market Size, Trends & Global Outlook Report to 2026

Shrimp Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2019-2026 based on the historical data. This research report delivers recent developments of major players with their respective market share. In addition, it also delivers detailed analysis of regional and country market.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the shrimp market include Surapon Foods Public Company Limited, Trident Seafood’s Corporation, Nippon Suisan Kaisha, Ltd., Charoen Pokphand Food PCL. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

Global shrimp consumption is witnessing a positive growth on account of an increase in organized retail chains and an increase in disposable income in developing economies. Also, support programs initiated by the government for improving product quality and encouraging sustainable farming practices are expected to have a favorable impact on the growth of this market. However, regional beliefs and allergies are a few factors accessed to impede the growth of the shrimp market globally. On the other hand, this seafood type contains chemopreventive compounds that offer several health benefits. Owing to its antioxidant, anti-inflammatory, anti-mutagenic and anti-angiogenic properties, the product penetration is likely to witness exponential growth. However, seafood is suspected to be the origin of the ongoing COVID-19 pandemic is anticipated to cut-down the global demand for sea food at a gigantic pace.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of shrimp.

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Market Segmentation

The entire shrimp market has been sub-categorized into species, shrimp size and distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Species

·         Penaeus Vannamei

·         Penaeus Monodon

·         Macrobrachium Rosenbergii

·         Others

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

·         Hotels and Restaurants

·         Online Sales

·         Others

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for shrimp market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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