Shrimp Market Size Competitive Dynamics & Global Outlook 2025 With COVID -19 Impact | Key Players – Charoen Pokphand Food PCL, Maruha Nichiro Corporation, High Liner Foods Inc., The Clover Leaf Seafoods Family

KD Market Insights has published a report on global Shrimp market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Shrimp market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025. The report covers a detailed chapter on market segmentation of Shrimp market covering market segments by species, form and application.

The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

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.

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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

This research report studied the Shrimp market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Shrimp market. Country analysis is also covered for various major economies across various regions:

  • 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)

This study evaluates and categorizes the key vendors in the Shrimp market. The key companies published in the report include among others,

– 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.

The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.

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