Global Shrimp Market by Production, Companies, Forecast By 2021 - 2026
As per our research analysis, the Global Shrimp Industry is expected to grow with a CAGR of 4.18% from 2020 to 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: https://www.renub.com/global-shrimp-market-p.php
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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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.
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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.
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