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Shrimp Market Share

Report ID: GMI7166
Published Date: Oct 2023
Report Format: PDF

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Shrimp Market Share

Major players operating in the shrimp industry include:

Pacific Seafood
Morubel nv
Maruha Nichiro Corporation
The Clover Leaf Seafoods Family
Royal Greenland A/S
Rich Products Corporation
Thai Union Group PCL
Marvesta Shrimp Farms
Cargill, Incorporated
Nippon Suisan Kaisha Ltd.
Trident Seafoods
Lerøy Seafood Group
Blue Star Foods
High Liner Foods
Clearwater Seafoods

Pacific Seafood is a seafood supplier based in the United States that provides a wide range of seafood products, including shrimp. Pacific Seafood shrimp is sourced from sustainable fisheries and is available in raw, cooked, and seasoned versions. Shrimp items from Pacific Seafood are available in a variety of sizes and forms, making them appropriate for a wide range of culinary applications.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of shrimp was worth USD 72.6 billion in 2023 and is estimated to reach USD 130.05 billion by 2032, due to wide usage in multiple cuisines on account of its mild flavor and adaptability.

Demand for white shrimp is expected to reach USD 43.67 billion in 2022 owing to the rising advances in aquaculture technology.

The frozen form segment garnered 56.5% of the shrimp market share in 2022 and is expected to grow at lucrative pace by 2032, due to its rising popularity as convenient and quick seafood choice.

Asia Pacific shrimp market size exceeded USD 26.56 Billion in 2022 and is anticipated to expand at significant pace from 2023 to 2032, owing to shifting dietary tastes, rising disposable incomes, and the expanding middle-class population.