The research study on shrimp market covers the different aspects of the value chain including the trends of the global shrimp feed market; hatcheries, rearing and breeding; distribution channel; and end-use.

Dallas, Texas - March 9, 2019 /MarketersMedia/ —

Previously in 2018, the global shrimp market size was valued at USD xx million and estimated to project the value of USD xx million in 2025, accounting a CAGR of x.x% during the forecast period. Moreover, it has been accounted that there are around 2,000 different species of shrimp across the globe, however, only 350 are of economic interest.

According to the Food and Agriculture Organization (FAO) it states that nearly 28% of the fishery sector is widely exploited and an additional 50% is completely exploited. According to FAOSTAT fisheries sector provides employment to 189 million people and accounts for a significant part of the animal protein consumed across the globe.

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The global shrimp market is segmented into source overview, species overview, end-use overview, and regional overview. Based on the source overview, the global shrimp industry is categorized into capture fisheries, aquaculture. On the basis of species overview, the global shrimp market is fragmented into whiteleg shrimp, natantian decapods nei, akiami paste shrimp, giant tiger prawn, banana prawn, banana prawn, northern prawn, and others. Furthermore, on the basis of end-use overview the global shrimp market is segmented into food and non-food.

Key segments of the global shrimp market

Source Overview, 2012-2025 (Kilo Tons) (USD Million)
Capture fisheries
Aquaculture

Species Overview, 2012-2025 (Kilo Tons) (USD Million)
Whiteleg shrimp
Natantian decapods nei
Akiami paste shrimp
Giant Tiger Prawn
Banana prawn
Northern Prawn
Others

End-use Overview, 2012-2025 (Kilo Tons) (USD Million)
Food
Non-food

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Discussing the regional overview, the global shrimp market is widely range to North America, U.S., Mexico, Europe, Asia-Pacific, China, India, Japan, Singapore, Thailand, Vietnam, Indonesia, Middle East & Africa, Saudi Arabia, Egypt, South America, and Brazil. Moreover, in 2017, Asia Pacific stood as one of the largest producer contributing to the almost 80% of the global shrimp market value. Asia Pacific is considered as a leading region to establish conducive environment for fish breeding and rearing within the global shrimp market.

The shrimp industry is efficiently witnessing major growth with an increase in the production of shrimps from inland farming, areas that use fresh water and focus towards the usage of certified organic shrimp production in key shrimp-producing countries. These factors are contributing to the future growth of the shrimps market over the forecast period.

Leading players of the global shrimp market include Thai Union Group, Aqua Star, Maruha Nichiro Corporation, Mazzetta Company Charoen Pokphand Food PCL, and Camanor Produtos Marinhos Ltd and more others. Moreover, these players strongly aims to expand the global shrimp market position by targeting the customer base especially in other regions, those prefer high-quality, nutritious seafood products. North America is considered as the key target souks for well-established multinational players, owing to the growing consumption of shrimp in these regions.

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Few points from Table of Contents
1. Executive Summary

2. Research Methodology
Research approach
Scope, definition, and assumptions
Data sources

3. Market Outlook
Introduction
Key trends
Market drivers
Market restraints
Market opportunities
Value chain analysis
Regulatory framework
Trade statistics, 2012-2017
By region

4. Shrimp Market Overview, By Source Global shrimp market share, by source, 2017 & 2025Capture fisheries
Market size and projections, 2012-2025
Aquaculture
Market size and projections, 2012-2025

5. Shrimp Market Overview, By Species Global shrimp market share, by species, 2017 & 2023Whiteleg shrimp
Market size and projections, 2012-2025
Natantian decapods nei
Market size and projections, 2012-2025
Akiami paste shrimp
Market size and projections, 2012-2025
Giant tiger prawn
Market size and projections, 2012-2025
Banana prawn
Market size and projections, 2012-2025
Northern prawn
Market size and projections, 2012-2025
Others
Market size and projections, 2012-2025
Continued...

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About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market s size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Contact Info:
Name: Ryan Johnson
Organization: Adroit Market Research
Address: 3131 McKinney Ave Ste 600 Dallas, TX 75204
Phone: +1 (214) 884-6068
Website: https://adroitmarketresearch.com/industry-reports/shrimp-market

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Source: MarketersMedia

Release ID: 490414