Shrimp Industry Witnesses Rapid Growth Across Foodservice, Retail, and Export Channels
According to the latest research analysis by Renub Research, the Global Shrimp Market is projected to rise from US$% during the forecast period 20252033. This growth is largely attributed to increasing seafood consumption, booming aquaculture production, changing dietary patterns, and technological advancements in farming and cold chain logistics.
To read the full report, visit: ? Global Shrimp Market
Rising Consumption of Protein-Rich Foods Drives Market Momentum
With consumers becoming more health-conscious and shifting towards high-protein diets, shrimp is increasingly becoming a preferred seafood choice due to its lean protein, low-fat content, and rich nutrient profile. The growing awareness about the health benefits of shrimpincluding omega-3 fatty acids, selenium, iodine, and vitamin B12is propelling its demand across both developed and emerging markets.
The demand is especially strong in Asia-Pacific, North America, and Europe, where restaurants and foodservice operators are adding shrimp-based dishes to meet evolving consumer tastes. Furthermore, global retail giants are expanding frozen and ready-to-eat shrimp categories, catering to the growing segment of convenience-driven consumers.
Aquaculture and Sustainable Farming Practices Transform the Industry
Aquaculture remains the backbone of global shrimp supply, particularly in countries like India, Vietnam, China, Thailand, and Indonesia. These nations have scaled up their production with the help of sustainable practices, biosecurity measures, and intensive farming techniques.
Technology adoption in aquaculture, such as automated feeding systems, genetic breeding, and water quality monitoring, is improving shrimp yield and minimizing disease outbreaks. Governments are also rolling out supportive policies and subsidies to boost shrimp farming, especially in rural and coastal communities, thereby creating employment and stimulating regional economies.
Export Opportunities and Global Trade Flourish
Global shrimp trade has flourished due to expanding cold chain infrastructure, rising demand from international markets, and favorable trade agreements. The United States, European Union, Japan, and South Korea remain key importers of shrimp, while India, Vietnam, Ecuador, and Indonesia dominate global exports.
India, in particular, has emerged as the largest shrimp exporter globally, with its Vannamei shrimp species gaining popularity for consistent quality and competitive pricing. Ecuador, on the other hand, has shown exponential growth, driven by high production volumes and proximity to U.S. markets. Improved port logistics and quality assurance frameworks have helped these countries gain a strong foothold in premium global markets.
Frozen Shrimp Segment Leads Market Share
In terms of product segmentation, frozen shrimp continues to dominate due to its longer shelf life, ease of transportation, and popularity in foodservice and retail channels. It is followed by the canned and ready-to-cook shrimp categories, which are seeing rapid growth due to the rise in convenience food consumption.
Technological innovations in IQF (Individually Quick Frozen) techniques, packaging, and preservation methods have enabled shrimp suppliers to meet rising consumer expectations for freshness, quality, and safety across geographies.
Retail and Online Channels Witness Surge in Shrimp Sales
The growth of online grocery platforms, coupled with the proliferation of seafood-focused e-commerce brands, is reshaping shrimp distribution. More consumers now prefer to purchase frozen and ready-to-cook shrimp online due to the convenience and availability of a wide variety of options.
Supermarkets, hypermarkets, and specialty seafood stores are also expanding their shrimp offerings with private label brands, sustainable sourcing labels, and promotional campaigns. These efforts are making shrimp more accessible and appealing to a broad customer base.
Regional Analysis: Asia-Pacific Dominates, But Growth in Europe and North America is Accelerating
-
Asia-Pacific leads the global shrimp market both in terms of production and consumption. Countries like India, China, Thailand, and Vietnam are key players due to high domestic consumption and large-scale aquaculture operations.
-
North America is witnessing strong demand growth, especially in the United States, which is the largest shrimp importer globally. This is being fueled by increased household consumption, fast food chains, and premium seafood dining.
-
Europe is experiencing rising shrimp imports and a shift toward sustainably certified seafood, with the UK, Spain, France, and Germany leading consumption trends.
Key Players Focus on Vertical Integration and Innovation
Leading companies in the global shrimp market are prioritizing vertical integration, traceability, sustainability certifications, and value-added product lines to remain competitive. Prominent players include:
-
Thai Union Group
-
Avanti Feeds
-
Grupo Nueva Pescanova
-
Sandhya Aqua
-
Omarsa S.A.
-
Seaprimexco Vietnam
-
Maruha Nichiro
-
Aqua Star
-
Siam Canadian Group
These companies are investing in hatcheries, feed mills, and farming operations to control quality and costs across the supply chain. Moreover, strategic partnerships, acquisitions, and expansions into international markets are helping them scale their footprint.
Challenges: Disease Outbreaks, Climate Change, and Regulatory Hurdles
Despite robust growth, the shrimp industry faces persistent challenges, including:
-
Disease outbreaks like EMS (Early Mortality Syndrome) and White Spot Disease
-
Climate change affecting water salinity and temperature
-
Stringent international regulations and compliance standards
-
Fluctuations in feed prices and labor availability
To overcome these challenges, stakeholders are focusing on biosecurity, sustainable certifications (e.g., ASC, BAP), and eco-friendly farming technologies.
Renub Research Offers Deep Insights for Industry Stakeholders
Renub Researchs detailed report offers in-depth data, trend analysis, market segmentation, country-level forecasts, and competitive landscape insights. The research is ideal for seafood exporters, aquaculture businesses, foodservice chains, investors, policy makers, and market entrants looking to understand the dynamics and opportunities in the global shrimp market.
For full access to the report, charts, and growth forecasts, visit:
? Global Shrimp Market Report
New Publish Report:
About the Company
Renub Research is a Market Research and Consulting Company with more than 15 years of experience, especially in international Business-to-Business Research, Surveys, and Consulting. We provide a wide range of business research solutions that help companies make better business decisions.
We partner with clients across all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele includes key players in Healthcare, Travel & Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemicals, Logistics & Automotive, Consumer Goods & Retail, Building & Construction, and Agriculture.
Our core team comprises experienced professionals with graduate, postgraduate, and Ph.D. qualifications in Finance, Marketing, Human Resources, Bio-Technology, Medicine, Information Technology, Environmental Science, and more.
Media Contact:
Company Name: Renub Research
Contact Person: Rajat Gupta, Marketing Manager
Phone No: +91-120-421-9822 (IND) | +1-478-202-3244 (USA)
Email: rajat@renub.com
