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Global Shrimp Market by Production, Export, Import, Consumption, Countries, Species, Product Form, Size, Value Chain Analysis & Forecast - Renub Research

(MoneyNewsWire.Net, April 08, 2021 ) Shrimp is considered one of the most commonly consumed seafood. In recent years, it gets popular among seafood lovers. Shrimp belong to the family Malacostraca, available in freshwater lakes and streams and deep and shallow waters. It is an invertebrate marine animal with a flattened and elongated body with long legs and antennae. Shrimps are a rich source of phosphorus, antioxidants, proteins, selenium, copper, iron, magnesium, omega-3 fatty acids, vitamin B and D. It is also preferred for losing weight, relieving eye fatigue, lowering blood pressure, improving bone and brain health, and minimizing the chances of developing cardiovascular diseases. According to Renub Research report, Global Shrimp Market is expected to be US$ 23.4 Billion by 2026.

Globally, shrimp are available in numerous species such as L. vannamei, P. monodon, and M. rosenbergii; these all are sold under the single term – pawns. These are popular in the international market, and many countries are encouraging shrimp production by giving incentives to farmers and offering fiscal reliefs. India, China, Vietnam, Indonesia, Thailand and Ecuador are some major shrimp producing country. Shrimp is a highly imported seafood from China because of farm-raised shrimp aquaculture. As per our study, The Worldwide Shrimp Market was US$ 18.30 Billion in 2020.

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Shrimp is the most desirable seafood for Americans. Head-off shrimp has good demand in the global market. It is the most consumed seafood in the United States, above salmon. The uttermost common available Shrimp in the US market is ten-legged. When it comes to Shrimp Aquaculture Production Size, they are available from tiny to giant prawns. Good fishmongers tag shrimp with a set of numbers, like 31/35, 43/50, based on the number of shrimp in a pound. Besides, surging income level and growing demand of shrimp across the globe is expected to further drive this market. As per our research analysis, the Global Shrimp Industry is expected to grow with a CAGR of 4.18% from 2020 to 2026.

However global shrimp industry also faced some challenges like a decline due to COVID-19 lockdown has delayed harvest in first half of 2020, most of the producing countries overdue pond stockings, which reduced actual farming days. Along with that shrimp industry is facing human rights abuses and slavery.

Renub Research report titled “Global Shrimp Market by Production, Export, Import, Consumption, Countries (India, United States, China, Vietnam, Indonesia, Thailand, Ecuador, Europe, Spain, France, Japan), Species (L. vannamei, P. monodon, M. rosenbergii, Other), Product Form (Cooked, Breaded, Green / Head-off, Peeled, Other Forms), Size (>70, 61-70, 51-60, 41-50, 31-40, 26-30, 21-25, 15-20, less than15), Value Chain Analysis & Forecast” provides a complete analysis of global shrimp market.

Follow the link for the full report with detailed TOC and list of figures and tables:

Consumption - Shrimp & Volume breakup of 6 Countries

1. United States

2. Europe

3. Spain

4. France

5. China

6. Japan

Production - Shrimp Volume breakup of top 6 Countries

1. India

2. China

3. Vietnam

4. Indonesia

5. Thailand

6. Ecuador

Export - Shrimp Volume breakup of top 6 Countries

1. India

2. Vietnam

3. Ecuador

4. Indonesia

5. China

6. Thailand

Species Production – Shrimp Volume breakup of all 4 types of Species

1. L. vannamei

2. P. monodon

3. M.rosenbergii

4. Others

Size Production – Shrimp Volume breakup of all 9 types of Sizes

1. >70

2. 61-70

3. 51-60

4. 41-50

5. 31-40

6. 26-30

7. 21-25

8. 15-20

9. less than15

Product – Shrimp Volume breakup of all 6 types of Forms

1. Green/Head-on

2. Green/Head-off

3. Peeled

4. Cooked

5. Breaded

6. Other Forms

All companies have been covered from 3 Viewpoints

• Overviews

• Recent Developments

• Revenues

Company Analysis

1. Seatrade

2. Atlantic Capes Fisheries, Inc

3. Atalanta Corporation

4. Ideal Foods Ltd

5. Sea Delights

Industry Related Opportunity:

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Global Corn Market:

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)



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Renub Research

Rajat Gupta

Market Research, Bus

Source: EmailWire.Com

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