A recent report by KD market insights titled as "Shrimp Market - By Spices (Gulf Shrimps, Farmed Whiteleg Shrimps, Banded Coral Shrimps, Royal Red Shrimps, Giant Tiger Shrimps, Blue Shrimps, Ocean Shrimps) By Form (Canned, Frozen, Peeled, Cooked, Shell-on, Others), By Application (Food, Pharmaceutical, Cosmetics, Industrial & Biotechnology, Others) & Global Region - Market Size, Share, Trends and Forecast 2018-2023" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Shrimp Market competitors share and region wise analysis around the globe.
Global shrimp market accounted for USD 39.7 billion in 2017 and is estimated to reach USD 53.2 million in 2023, registering a compound annual growth rate (CAGR) of 3.5% between 2017 and 2023.
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Growth Drivers & Barriers
Changing food habits of population such as rise in demand for seafood is anticipated to foster the demand for shrimp market in the years ahead. Further, rising awareness about benefits of seafood such as high protein, among others is anticipated to strengthen the growth of global shrimp market.
Rising disposable income of the population is also one of the major factors which is anticipated to foster the growth of the market during the forecast period. Addition to that, growing urban population is driving the demand for sea foods. Further, rise in the number of restaurants & bars is likely to aid to the growth of the market.
Various advancements in shrimp farming technology are resulting in increased and healthy production of shrimps. Further, favorable government regulations for new food processor plants setup is anticipated to strengthen the growth of the market.
Regional Outlook:
In the terms of geography, the shrimp market is analyzed into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Among these regions, Asia Pacific is slated to account for highest percentage of market share in overall shrimp market during the forecast period. North America shrimp market accounted for second position in overall shrimp market in 2017.
Segmentation
The research offers a comprehensive analysis of shrimp market with respect to following sub-markets:
By Species
Gulf Shrimps
Farmed Whiteleg Shrimps
Banded Coral Shrimps
Royal Red Shrimps
Giant Tiger Shrimps
Blue Shrimps
Ocean Shrimps
By Form
Canned
Frozen
Peeled
Cooked
Shell-on
Others
By Application
Food
Pharmaceutical
Cosmetics
Industrial & Biotechnology
Others
By Geography
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
Charoen Pokphand Food PCL
Maruha Nichiro Corporation
High Liner Foods Inc.
The Clover Leaf Seafoods Family
Nippon Suisan Kaisha, Ltd.
Royal Greenland A/S
Blue Star Seafood Co. Ltd.
Wild Planet Foods Inc.
Ocean America Food SA
Rich Products Corporation
Others Major and Niche Players
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Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Barriers in Global Shrimp Market
3. Global Shrimp Market Trends
4. Opportunities in Global Shrimp Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Global Shrimp Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8. Global Shrimp Market Segmentation Analysis, By Species
8.1. Introduction
8.2. Market Attractiveness, By Species
8.3. BPS Analysis, By Species
8.4. Gulf Shrimps Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Farmed Whiteleg Shrimps Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.6. Banded Coral Shrimps Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.7. Royal Red Shrimps Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.8. Giant Tiger Shrimps Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.9. Blue Shrimps Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
8.10. Ocean Shrimps Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9. Global Shrimp Market Segmentation Analysis, By Form
9.1. Introduction
9.2. Market Attractiveness, By Form
9.3. BPS Analysis, By Form
9.4. Canned Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5. Frozen Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.6. Peeled Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.7. Cooked Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.8. Shell-on Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.9. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…
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