Press release
Global Prawn Market Overview 2017, Demand by Regions, Share, Price Trends and Forecast to 2022
Request a sample report: http://www.imarcgroup.com/request?type=report&id=84&flag=B
The latest report by IMARC Group, titled “Prawn Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global prawn market reached a volume of nearly 5 Million Tons in 2016. Prawns are shrimp-like aquatic crustaceans with ten legs and an exoskeleton. People residing near seashore often consume prawns as they offer numerous health benefits. They are an excellent source of high quality protein and also provide minerals and vitamins in an extremely diverse set of healthy and tasty meals. Prawns are extremely low in calories and help the body to build muscles, produce energy and replenish red blood cells. On account of this, they form an important part of various cuisines and represent one of the most traded seafood species.
Highlights of the global prawn market:
Consumer’s demand for fresh and frozen seafood is anticipated to be the major demand driver.
Peeled prawn is the most popular product type, holding the majority of the total market share.
China accounts for the majority of the global share, representing the largest producer of prawns.
The surging consumption for fresh and frozen seafood products is one of the major factors that is fueling the demand for prawns worldwide. Additionally, prawns offer an ideal combination of fats and proteins which makes them very beneficial for the human health. This has led to a shift in the food habits of the consumers across the globe towards the consumption of healthier seafood products, thereby boosting the global prawn market. Some of the other factors contributing to the market growth include easy availability of prawns, launch of new ready-to-eat product variants with improved taste and versatility, rising purchasing power of the consumers, rapid urbanization, growth in the aquaculture activities, and improved cold storage facilities, particularly in the emerging regions. According to the report, the global prawn market is further expected to reach a volume of more than 6 Million Tons by 2022, exhibiting a CAGR of more than 4% during 2017-2022.
On the basis of species, the market is segmented into Penaeus vannamei, Penaeus monodon and others. Currently, Penaeus vannamei is the most popular species, holding the majority of the total market share. Based on the type of processed prawn products, the market includes peeled prawn, shell-on prawn, cooked prawn and breaded prawn, wherein peeled prawn dominates the market. Region-wise, China represents the leading market, accounting for the largest share. Other major regions include Indonesia, Vietnam, India, Thailand and Ecuador.
Read full report with TOC: http://www.imarcgroup.com/prefeasibility-report-prawn-processing-plant
The report by IMARC Group has examined the global prawn market on the basis of:
Species:
Penaeus vannamei
Penaeus monodon
Others
Type:
Peeled prawn
Shell-on prawn
Cooked prawn
Breaded prawn
Region
China
Indonesia
Vietnam
India
Thailand
Ecuador
Browse related report:
Shrimp Market: http://www.imarcgroup.com/prefeasibility-report-shrimp-processing-plant
Mayonnaise Market: http://www.imarcgroup.com/prefeasibility-report-mayonnaise-manufacturing-plant
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
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 Global Prawn Market Overview 2017, Demand by Regions, Share, Price Trends and Forecast to 2022 here
News-ID: 870670 • Views: …
More Releases from IMARC Group
Top 15 Leading Commercial Refrigeration Manufacturers in The World 2024
Commercial Refrigeration Companies
Top commercial refrigeration companies are investing in research and development (R&D) to introduce advanced products that offer enhanced efficiency, better temperature management, and reduced environmental impact. Additionally, companies are integrating internet of things (IoT) technology to allow for real-time monitoring and management of refrigeration systems, which helps in reducing operational costs and improving food safety by maintaining optimal conditions. Key players are developing systems that use less power…
Top Generative AI Companies in The World 2024
Global Generative AI Companies
Generative artificial intelligence (AI), also known as generative adversarial networks (GANs) or generative models, works by learning the patterns and features of a dataset and then generating new data instances that resemble the original data. It can create new content, such as images, videos, text, and music, which can be useful in fields like art, design, and entertainment. It can learn the distribution of normal data and…
Vietnam Water Treatment Chemicals Market Share, Demand, Industry Growth And Fore …
IMARC Group's report titled "Vietnam Water Treatment Chemicals Market Report by Type (Coagulants and Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides and Disinfectants, Chelating Agents, Anti-Foaming Agents, PH Adjusters and Stabilizers, and Others), End User (Municipal, Power, Oil and Gas, Mining, Chemicals, Food and Beverage, Pulp and Paper, and Others), and Region 2024-2032" Vietnam water treatment chemicals market is projected to exhibit a growth rate (CAGR) of 4.99% during 2024-2032.
The Vietnam water…
Furniture Market Size, Sales Revenue, Industry Growth, Forecast 2024-2032
IMARC Group, a leading market research company, has recently releases report titled "Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032" The global furniture market size reached US$ 660.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 701.7 Billion by 2032.
Request For Sample Copy of Report For More Detailed Market insight: https://www.imarcgroup.com/furniture-market/requestsample
Factors Affecting the Growth of the Furniture Industry:
Rapid Urbanization:
Urban areas are leading…
More Releases for Prawn
Global Shrimp Market by Types (Whiteleg Shrimp, Giant Tiger Prawn, Akiami Paste …
The research team projects that the Shrimp market size will grow from XX in 2020 to XX by 2027, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2020 to 2027.
Global Shrimp Market Overview
This Global Shrimp market research report is used to gain insightful analyses of the market and have a comprehensive understanding of the global market…
GCC Prawn Market Analysis 2022: Size, Share, Price Trends, Growth, Industry Anal …
GCC Prawn Market: Market Size, Share, Trends, Industry Analysis, Application Analysis, Growth and Forecast, 2022-2027" provides a deep and thorough evaluation of the GCC prawn market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the…
Tiger Prawn Market research and analysis by expert top companies, growth drivers …
In 2020, the global Tiger Prawn market was worth millions, and it is predicted to rise at a CAGR of during the forecast period. Due to its low cost compared to other species such as crabs, tuna, salmon, and lobster, the industry is likely to boom in the next few years. Furthermore, expanding infrastructure in nations such as India and China is a major driving force behind the market's expansion.
Tiger…
Shrimp Market: Global Industry Analysis, Size, Share, Trends and Forecast 2025 b …
Adroit Research launched a study titled, “Global Shrimp Market Size 2017 By Source (Aquaculture, Capture fisheries), By Species (Giant Tiger Prawn, Whiteleg Shrimp, Akiami Paste Shrimp, Natantian Decapods Nei, Banana Prawn, Northern Prawn, Others), By End-use (Food, Non-Food), By Region and Forecast 2018 to 2025”. The study covers the global shrimp market value and volume for a period ranging between 2012 to 2025, where 2012 to 2017 imply the actual…
Global Prawn Market Overview 2018, Demand by Regions, Share, Price Trends, and F …
The global prawn market has experienced a positive growth over the years, owing to the increasing consumption of various processed prawn products, such as peeled prawn, shell-on prawn, cooked prawn, and breaded prawn.
The latest report by IMARC Group, titled “Prawn Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global prawn market reached a volume of 5 Million Tons in 2017. Prawns are shrimp-like aquatic…
It’s Time for River Prawn Lovers at Hilton Pattaya
River prawn, one of the most favorite local ingredients that allows you to enjoy its succulent meat and creamy prawn head oil especially on the grill. For river prawn lovers, Hilton Pattaya invites you to savor our special river prawn menus throughout January and February.
Savor the authentic spicy Thai dishes at ‘Flare’ Restaurant. Start with an appetizer ‘River Prawn Salad in 2 Styles’ offering two styles of river prawn…
