Shrimps Market size was valued at US$ 41.15 Bn. in 2022 and the total revenue is expected to grow at 9.21 % through 2023 to 2029, reaching nearly US$ 76.26 Bn.
Shrimps Market Overview:
A research team conducted extensive primary and secondary research for the Shrimps Market study of the worldwide industry. In order to augment already-existing data, segment the market, calculate the overall market size, and project market size and growth rate, secondary research was conducted.
Both primary and secondary research are used to determine the market’s leaders and to estimate market revenue. The main study includes in-depth interviews with influential thought leaders and subject matter experts, including CEOs, marketing executives, and seasoned front-line workers. In-depth interviews with significant thought leaders and industry professionals, including CEOs, marketing executives, and seasoned front-line staff, were undertaken as part of primary research, and secondary research included a review of the annual and financial reports of the major manufacturers. Use of secondary data
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Shrimps Market Scope:
The study supports an understanding of the Global Shrimps Market dynamic structure by identifying and evaluating market segments and projecting market size. The study also contains a competitive analysis of major corporations based on price, financial status, application expansion goals, and geographical presence. A PESTLE analysis is also included in the report to assist shareholders in prioritizing their efforts and investments in the Global Shrimps Market.
External and internal components that are expected to have a favorable or negative influence on firms have been investigated, providing decision-makers with a clear picture of the sector’s future. The study also aids in understanding the dynamic structure of the Global Shrimps Market by examining market segments and predicting Shrimps Market size. The report serves as a resource for investors by providing a complete depiction of the competitive analysis of major organizations in the Global Shrimps Market based on pricing, financial state, growth plans, and geographical presence.
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Shrimps Market Segmentation:
by Shrimps Size
Size <20
Size 21-25
Size 26-30
Size 31-40
Size 41-50
Size 51-60
Size 61-70
Size >70.
by Type
Farmed Shrimps
Wild Shrimps
by Species
Penaeus Vannamei
Penaeus Monodon
Macrobrachium Rosenbergii
Other
The global prawn market is divided into Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, and Other Species, based on species. In 2022, the Penaeus Vannamei market sector had the highest market share of %. Penaeus vannamei, also called white leg shrimp, is one of the most significant shrimp species grown in Indonesia. Due to the increased market potential, P. vannamei cultivation practises, which are extensive and rigorous, have greatly increased in recent years.
by Distribution Channel
Indirect (business to business)
Direct (business to consumer)
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Shrimps Market Key Players: The key players are
1. Mazzetta Company, LLC
2. Apex Frozen Foods Ltd.
3. Seaprimexco Vietnam
4. Liveris Afentoulis & Co.
5. Grand Ocean Seafoods Co., Ltd
6. Charoen Pokphand Foods PCL
7. Grupo Iberica Congelados, S.A
8. Ocean More Foods Co., Limited
9. SSF Limited
10. BMR Groups
11. Falcone Marine Exports
12. Cooke Aquaculture Inc.
13. Rich Products Crop,
14. Thai Union Group PCL.
15. Maruha Nichiro Corp
16. Aqua star corp.
17. Avanti feeds ltd
18. Clearwater seafood’s Inc.
19. Nordic seafood’s a/s
20. Surapon foods
Shrimps Market Regional Analysis:
A country-level examination of the Shrimps Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Shrimps Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.
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Key Questions Answered in the Shrimps Market Report are:
- What will be the Shrimps Market’s CAGR throughout the projected period?
- Which market category emerged as the market leader in the Shrimps Market?
- Who are the key players in the Shrimps Market?
- How big will the Shrimps Market be in 2027?
- Which firm had the biggest market share in the Shrimps Market?
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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