Shrimp Market Growth, Trends, and Analysis by 2031
Historic Data: 2021-2023 | Base Year: 2024 | Forecast Period: 2025-2031Coverage: Shrimp Market covers analysis by Source (Cold Water Shrimps, Hot Water Shrimps); Species (Gulf Shrimps, Farmed Whiteleg Shrimps, Banded Coral Shrimps, Royal Red Shrimps, Giant Tiger Shrimps, Blue Shrimps, Ocean Shrimps); Application (Food, Pharmaceutical, Cosmetics, Industrial and Biotechnology, Others); Form (Canned, Frozen, Peeled, Cooked, Shell-on, Others); Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Hotels and Restaurants, Online Sales, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Sep 2025
- Report Code : TIPRE00008000
- Category : Food and Beverages
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
MARKET INTRODUCTION
Shrimps are decapoda crustaceans with elongated bodies, and for the movement or locomotion, they swim in the water. The most commonly found species are Caridea and Dendrobranchiata. There are thousands of species of shrimp adapted to a wide range of habitats. Most of the shrimps play an important role in the food chain, and many shrimp are widely caught and farmed for human consumption. Some of the edible species of shrimp are gulf shrimp, farmed whiteleg shrimp, banded coral shrimp, royal red shrimp, giant tiger shrimp, blue shrimp, and ocean shrimp. Commercially farmed shrimp species support an industry worth 50 billion dollars per year. Different types of shrimp have wide application in food, pharmaceutical, cosmetics, industrial and biotechnology, which is influencing this market growth.
MARKET DYNAMICS
The shrimp market has witnessed a significant growth owing to factors such as escalating demand among consumers due to the health benefits associated with shrimp, contract farming & government policies, and rising adoption of environmental-friendly production techniques. Furthermore, shrimp are used in various cuisines like Asian, American, Belgian, and other cuisines. Shrimp are also used in pharmaceutical and cosmetic industries. Due to these factors, it is expected to have a positive impact on the market growth for shrimp in the upcoming years. Most of the market players are offering shrimp for consumers with different forms, including canned, frozen, peeled, cooked, shell-on, and others. And these products are easily available in supermarkets/hypermarkets, convenience stores, hotels & restaurants, and even in online retailers. These factors further boosting the growth of the shrimp market. However, the high cost of processing and stringent government rules regarding farming, import & export of shrimp may impact the growth of the shrimp market. Nevertheless, with the robust growth in the food processing and agriculture industry, market players in shrimp market have the opportunity to grow further.
MARKET SCOPE
The "Global Shrimp Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the shrimp market with detailed market segmentation by source, species, application, form, distribution channel, and geography. The global shrimp market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading shrimp market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global shrimp market is segmented on the basis of source, species, application, form, and distribution channel. On the basis of source, the shrimp market is segmented into cold water shrimp and hot water shrimp. Based on species, shrimp market is segmented into gulf shrimp, farmed whiteleg shrimp, banded coral shrimp, royal red shrimp, giant tiger shrimp, blue shrimp, and ocean shrimp. On the basis of application, the shrimp market is bifurcated into food, pharmaceutical, cosmetics, industrial and biotechnology, and others. Based on form, the shrimp market is segmented into canned, frozen, peeled, cooked, shell-on, and others. The shrimp market on the basis of the distribution channel is classified into supermarkets/hypermarkets, convenience stores, hotels & restaurants, online sales, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global shrimp market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The shrimp market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the shrimp market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the shrimp market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global shrimp market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from shrimp market are anticipated to lucrative growth opportunities in the future with the rising demand for shrimp in the global market. Below mentioned is the list of few companies engaged in the shrimp market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the shrimp market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Blue Star Seafood Co. Ltd.
- Charoen Pokphand Foods PCL.
- DNI Group LLC
- High Liner Foods.
- Nippon Suisan Kaisha, Ltd.
- Ocean America Food SA
- Rich Products Corporation
- Royal Greenland A/S
- Siam Canadian Group Limited
- The Clover Leaf Seafoods Family
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.Shrimp Report Scope
Report Attribute
Details
Market size in 2024
US$ XX million
Market Size by 2031
US$ XX Million
Global CAGR (2025 - 2031)
XX%
Historical Data
2021-2023
Forecast period
2025-2031
Segments Covered
By Source - Cold Water Shrimps
- Hot Water Shrimps
By Species - Gulf Shrimps
- Farmed Whiteleg Shrimps
- Banded Coral Shrimps
- Royal Red Shrimps
- Giant Tiger Shrimps
- Blue Shrimps
- Ocean Shrimps
By Application - Food
- Pharmaceutical
- Cosmetics
- Industrial and Biotechnology
By Form - Canned
- Frozen
- Peeled
- Cooked
- Shell-on
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Blue Star Seafood Co. Ltd.
Charoen Pokphand Foods PCL.
DNI Group LLC
High Liner Foods.
Nippon Suisan Kaisha, Ltd.
Ocean America Food SA
Rich Products Corporation
Royal Greenland A/S
Siam Canadian Group Limited
The shrimp market has witnessed a significant growth owing to factors such as escalating demand among consumers due to the health benefits associated with shrimp, contract farming & government policies, and rising adoption of environmental-friendly production techniques. Furthermore, shrimp are used in various cuisines like Asian, American, Belgian, and other cuisines. Shrimp are also used in pharmaceutical and cosmetic industries. Due to these factors, it is expected to have a positive impact on the market growth for shrimp in the upcoming years. Most of the market players are offering shrimp for consumers with different forms, including canned, frozen, peeled, cooked, shell-on, and others. And these products are easily available in supermarkets/hypermarkets, convenience stores, hotels & restaurants, and even in online retailers. These factors further boosting the growth of the shrimp market. However, the high cost of processing and stringent government rules regarding farming, import & export of shrimp may impact the growth of the shrimp market. Nevertheless, with the robust growth in the food processing and agriculture industry, market players in shrimp market have the opportunity to grow further.
MARKET SCOPE
The "Global Shrimp Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the shrimp market with detailed market segmentation by source, species, application, form, distribution channel, and geography. The global shrimp market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading shrimp market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global shrimp market is segmented on the basis of source, species, application, form, and distribution channel. On the basis of source, the shrimp market is segmented into cold water shrimp and hot water shrimp. Based on species, shrimp market is segmented into gulf shrimp, farmed whiteleg shrimp, banded coral shrimp, royal red shrimp, giant tiger shrimp, blue shrimp, and ocean shrimp. On the basis of application, the shrimp market is bifurcated into food, pharmaceutical, cosmetics, industrial and biotechnology, and others. Based on form, the shrimp market is segmented into canned, frozen, peeled, cooked, shell-on, and others. The shrimp market on the basis of the distribution channel is classified into supermarkets/hypermarkets, convenience stores, hotels & restaurants, online sales, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global shrimp market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The shrimp market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the shrimp market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the shrimp market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global shrimp market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from shrimp market are anticipated to lucrative growth opportunities in the future with the rising demand for shrimp in the global market. Below mentioned is the list of few companies engaged in the shrimp market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the shrimp market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Blue Star Seafood Co. Ltd.
- Charoen Pokphand Foods PCL.
- DNI Group LLC
- High Liner Foods.
- Nippon Suisan Kaisha, Ltd.
- Ocean America Food SA
- Rich Products Corporation
- Royal Greenland A/S
- Siam Canadian Group Limited
- The Clover Leaf Seafoods Family
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.Shrimp Report Scope
Report Attribute
Details
Market size in 2024
US$ XX million
Market Size by 2031
US$ XX Million
Global CAGR (2025 - 2031)
XX%
Historical Data
2021-2023
Forecast period
2025-2031
Segments Covered
By Source - Cold Water Shrimps
- Hot Water Shrimps
By Species - Gulf Shrimps
- Farmed Whiteleg Shrimps
- Banded Coral Shrimps
- Royal Red Shrimps
- Giant Tiger Shrimps
- Blue Shrimps
- Ocean Shrimps
By Application - Food
- Pharmaceutical
- Cosmetics
- Industrial and Biotechnology
By Form - Canned
- Frozen
- Peeled
- Cooked
- Shell-on
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Blue Star Seafood Co. Ltd.
Charoen Pokphand Foods PCL.
DNI Group LLC
High Liner Foods.
Nippon Suisan Kaisha, Ltd.
Ocean America Food SA
Rich Products Corporation
Royal Greenland A/S
Siam Canadian Group Limited
The global shrimp market is segmented on the basis of source, species, application, form, and distribution channel. On the basis of source, the shrimp market is segmented into cold water shrimp and hot water shrimp. Based on species, shrimp market is segmented into gulf shrimp, farmed whiteleg shrimp, banded coral shrimp, royal red shrimp, giant tiger shrimp, blue shrimp, and ocean shrimp. On the basis of application, the shrimp market is bifurcated into food, pharmaceutical, cosmetics, industrial and biotechnology, and others. Based on form, the shrimp market is segmented into canned, frozen, peeled, cooked, shell-on, and others. The shrimp market on the basis of the distribution channel is classified into supermarkets/hypermarkets, convenience stores, hotels & restaurants, online sales, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global shrimp market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The shrimp market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the shrimp market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the shrimp market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global shrimp market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from shrimp market are anticipated to lucrative growth opportunities in the future with the rising demand for shrimp in the global market. Below mentioned is the list of few companies engaged in the shrimp market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the shrimp market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Blue Star Seafood Co. Ltd.
- Charoen Pokphand Foods PCL.
- DNI Group LLC
- High Liner Foods.
- Nippon Suisan Kaisha, Ltd.
- Ocean America Food SA
- Rich Products Corporation
- Royal Greenland A/S
- Siam Canadian Group Limited
- The Clover Leaf Seafoods Family
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.Shrimp Report Scope
Report Attribute
Details
Market size in 2024
US$ XX million
Market Size by 2031
US$ XX Million
Global CAGR (2025 - 2031)
XX%
Historical Data
2021-2023
Forecast period
2025-2031
Segments Covered
By Source - Cold Water Shrimps
- Hot Water Shrimps
By Species - Gulf Shrimps
- Farmed Whiteleg Shrimps
- Banded Coral Shrimps
- Royal Red Shrimps
- Giant Tiger Shrimps
- Blue Shrimps
- Ocean Shrimps
By Application - Food
- Pharmaceutical
- Cosmetics
- Industrial and Biotechnology
By Form - Canned
- Frozen
- Peeled
- Cooked
- Shell-on
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Blue Star Seafood Co. Ltd.
Charoen Pokphand Foods PCL.
DNI Group LLC
High Liner Foods.
Nippon Suisan Kaisha, Ltd.
Ocean America Food SA
Rich Products Corporation
Royal Greenland A/S
Siam Canadian Group Limited
The reports cover various key developments in the global shrimp market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from shrimp market are anticipated to lucrative growth opportunities in the future with the rising demand for shrimp in the global market. Below mentioned is the list of few companies engaged in the shrimp market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the shrimp market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Blue Star Seafood Co. Ltd.
- Charoen Pokphand Foods PCL.
- DNI Group LLC
- High Liner Foods.
- Nippon Suisan Kaisha, Ltd.
- Ocean America Food SA
- Rich Products Corporation
- Royal Greenland A/S
- Siam Canadian Group Limited
- The Clover Leaf Seafoods Family
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Shrimp Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ XX million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2025 - 2031) | XX% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Source
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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1. Blue Star Seafood Co. Ltd.
2. Charoen Pokphand Foods PCL.
3. DNI Group LLC
4. High Liner Foods.
5. Nippon Suisan Kaisha, Ltd.
6. Ocean America Food SA
7. Rich Products Corporation
8. Royal Greenland A/S
9. Siam Canadian Group Limited
10. The Clover Leaf Seafoods Family
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