Press release
Shrimp Balls Market Growth Statistics, Size Estimation, Emerging Trends, Outlook to 2030
Market Size and Growth
The global shrimp balls market was valued at US$ 68 Mn in 2020 and is projected to reach US$ 135 Mn by 2030, growing at a CAGR of 6.9% during the forecast period.
Asia Pacific is expected to dominate the market, followed by North America and Europe, owing to the high consumption of seafood in these regions.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ (๐๐ฌ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐๐ข๐ฅ ๐๐ ๐๐จ๐ซ ๐๐ฎ๐ข๐๐ค ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=81789&utm_source=OpenPR_Sudha&utm_campaign=OpenPR
Market Segmentation
By Product Type:
Traditional Shrimp Balls
Flavored Shrimp Balls
Organic Shrimp Balls
By Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Regional Analysis
Asia Pacific:
China, Japan, and South Korea are the major consumers of shrimp balls in the region.
North America:
The United States and Canada are key markets due to the growing popularity of Asian cuisine.
Europe:
Countries like the UK, Germany, and France are witnessing a surge in demand for shrimp balls.
Market Drivers
Increasing consumer preference for healthy and convenient snacks.
Growing demand for exotic and ethnic cuisines.
Rising disposable income and changing lifestyles.
Market Challenges
Fluctuating prices of shrimp due to environmental factors.
Intense competition from other seafood snacks.
Market Trends
Introduction of innovative flavors and packaging.
Use of organic and sustainable shrimp.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/checkout.php?rep_id=81789<ype=S&utm_source=OpenPR_Sudha&utm_campaign=OpenPR
Competitive Landscape
Key players in the global shrimp balls market include:
I.T. Foods Industries Co., Ltd
Starfish Co., Ltd.
Thaveevong Industry Co., Ltd.
Thai Agri Foods Public Company Limited
Kenko Food Sdn Bhd
Fresh Fish del Ecuador Cia. Ltda.
Kim Sea Food Products
Huazhi-wang Enterprise Co., Ltd.
Fisherman's Choice.
P.T. Foods Processing Co. Ltd.
These companies are focusing on product innovation and strategic partnerships to expand their market presence.
Future Outlook
The global shrimp balls market is expected to witness steady growth, driven by the increasing popularity of seafood snacks and the introduction of new product variants.
Manufacturers are likely to focus on sustainable sourcing practices and eco-friendly packaging to attract environmentally conscious consumers.
Key Market Study Points
Consumer preferences and buying behavior.
Impact of COVID-19 on the market.
Regulatory landscape and import-export scenario.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก -
๐๐๐ฅ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ - https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031---transparency-market-research-inc-302032434.html
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐ฅ๐จ๐ฎ๐ซ ๐๐๐ซ๐ค๐๐ญ - https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031--at-7-6-cagr---report-by-transparency-market-research-inc-302024373.html
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Shrimp Balls Market Growth Statistics, Size Estimation, Emerging Trends, Outlook to 2030 here
News-ID: 3428603 • Views: โฆ
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 โฆ
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends fromโฆ
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra โฆ
The global Technetiumโ99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetiumโ99mโฆ
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to โฆ
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equineโฆ
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of โฆ
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,โฆ
More Releases for Shrimp
Prominent Frozen Shrimp Market Trend for 2025: Innovation in the Frozen Shrimp M โฆ
What Are the Projected Growth and Market Size Trends for the Frozen Shrimp Market?
The size of the frozen shrimp market has seen substantial growth over the past few years. The market is set to expand from $24 billion in 2024 to $26.23 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.3%. This growth previously observed was due to various factors, such as the growing customer demand forโฆ
Shrimp Products Market Size 2024 to 2031.
Market Overview and Report Coverage
The Shrimp Products Market encompasses various products derived from shrimp such as whole shrimp, shrimp meat, and shrimp sauces. With the increasing demand for seafood products globally, the market for shrimp products has been steadily growing. Factors driving this growth include the rising consumer awareness about the health benefits of shrimp, the growth of the aquaculture industry, and the increasing popularity of seafood in theโฆ
Global Shrimp Market Research Report 2023-2029
Aquaculture is the fastest growing form of food production in the world. โขShrimp dominate aquaculture production by value, consequently shrimp aquaculture is one of the fastest-growing forms of aquaculture.
Shrimp report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Shrimp market is projected to reach US$ 74840 million in 2029, increasing from US$ 53690 million in 2022, with the CAGR of 4.8% duringโฆ
Shrimp Disease Diagnostics Market: Safeguarding Aquaculture Health and Maximizin โฆ
The Shrimp Disease Diagnostics Market generated around US$ 448.0 Million in revenue globally in 2022, and it is anticipated that this market will grow at a CAGR of 5.6% to reach an estimated value of US$ 821.0 Million by the end of 2033.
The shrimp disease diagnostics market has been analysed across the regions of North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA and Emerging Countries such asโฆ
Fish Fish Feed Fish Feed Additive Shrimp Shrimp Feed Shrimp Feed Additive Market โฆ
Global Fish, Fish Feed, Fish Feed Additive, Shrimp, Shrimp Feed, Shrimp Feed Additive Market Research Report provides a key analysis of the market status of the Fish, Fish Feed, Fish Feed Additive, Shrimp, Shrimp Feed, Shrimp Feed Additive with the best facts and figures, meaning, definition, SWOT analysis, expert opinions, and the latest developments across the globe. The report also calculates the market size, Sales, Price, Revenue, Gross Margin, Marketโฆ
Fish, Fish Feed, Fish Feed Additives, Shrimp, Shrimp Feed, Shrimp Feed Additives โฆ
Market Overview:
Feeding these aquatic animals food is referred to as feeding fish and shrimp. To increase the end product quality of fish or shrimp, to preserve the physical and chemical quality of their diet, or to preserve the quality of the aquatic environment, additives are nutritional elements that are supplemented in small amounts.
The producers of compound feed, integrators, farmers, home-mixers, animals, and participants in the aquaculture business are the finalโฆ
