Global Shrimp Market

Shrimp Market Size, Share, Growth Analysis, By Environments (Farmed Shrimp, Wild Shrimp), By Species (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii), By Sizes, By Distribution Channels, By Region -Industry Forecast 2026-2033

Report ID: SQMIG30I2552 | Region: Global | Published Date: August, 2025
Pages: 182 |Tables: 122 |Figures: 71

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  • Schineder Electric
  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt

    • FAQs

    Global Shrimp Market size was valued at USD 79.59 Billion in 2024 and is poised to grow from USD 84.13 Billion in 2025 to USD 131.08 Billion by 2033, growing at a CAGR of 5.7% during the forecast period (2026–2033).

    Vertically integrated companies such as Thai Union and Minh Phu Seafood dominate the competitive shrimp market. A few strategies are investing in disease-resistant broodstock, increasing processing capacity, and obtaining sustainability certifications. High-quality feed and backward integration are given top priority by Indian companies such as Avanti Feeds. Ecuadorian companies give zero-antibiotic certification top priority when exporting luxury goods. To improve distribution in North America and Europe, strategic partnerships with retail and QSR chains are also typical. 'Thai Union Group', 'Minh Phu Seafood', 'CP Foods', 'Captain Fresh', 'Avanti Feeds', 'Laitram Machinery', 'Apex Frozen Foods', 'Charoen Pokphand Foods', 'Ocean Garden Products', 'Nekkanti Sea Foods', 'Seaprimexco Vietnam', 'Songa', 'Omarsa', 'Zhanjiang Guolian Aquatic Products'

    As consumers worldwide shift to healthier, higher-protein diets, shrimp is growing in popularity as a seafood option due to its high protein content and low-fat content. In countries like the U.S., China, and Japan, the amount of seafood consumed per person is increasing. The versatility of shrimp in the kitchen is increasing demand in retail and foodservice, particularly in the wake of the pandemic as more people cook at home and order seafood online.

    Automation and Digitalization in Shrimp Production: Smart aquaculture technologies, such as AI-based water quality monitoring, automated feeding systems, and IoT-based farm management, are transforming the efficiency of shrimp farming. In 2024, the Indian company Aquaconnect assisted shrimp farms in Southeast Asia with AI-powered agricultural analytics that helped increase survival rates and reduce feed waste by 20%. Digitization is also increasing traceability while providing producers and exporting companies' less hands-on manual labor.

    How is Asia-Pacific Strengthening its Grip on Global Shrimp Production and Exports?

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