Global Shrimp Market Size, Share & Trends Analysis Report - By Species (Penaeus Monodon, Penaeus Vannamei, Macrobrachium Rosenbergii, and Others), By Distribution Channel (Convenience Stores, Hypermarkets & Supermarkets, Online Sales, Hotels & Restaurants, and Others)- Industry Perspective, COVID-19 Business Impact, and Trends, 2020 – 2029

                                          
Abstract
                    
The global shrimp market value was estimated at 39 (USD Billion) in 2019 and is projected grow at a CAGR of nearly 2.5% during the period from 2019 to 2025. The report offers valuation and analysis of the shrimp market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Introduction

Shrimp is most popular among the traditional sea foods across the globe. According to NCBI, muscle of shrimp contains huge proportion of minerals as well as proteins and low in fats. Apart from this, the lipids of shrimp demonstrate chemo-preventive and chemo-protective features. These are key biological features of this thin food product.

Market Growth Dynamics

Many of the biological events reported for lipid & methanolic extracts from the muscle of the shrimps have the ability to alter biological processes and this has been associated to preventing of cancer in human beings. This beneficial feature of shrimp consumption is likely to drive the demand for shrimps over the upcoming years. Apart from this, the presence of chemopreventive compounds in shrimps offers health benefits to humans as it possesses anti-inflammatory, anti-oxidant, anti-angiogenic, anti-mutagenic, and anti-proliferative characteristics. This is likely to generate he market demand over the coming years.


For instance, anti-oxidants present in shrimps avoid damage of cells through reaction with free radicals along with their elimination from the human body. Furthermore, anti-oxidants have the ability to promote relapse of premalignant injuries along with arresting the growth of premalignant cuts into cancer growth. Furthermore, anti-mutagenic chemo-preventive compounds presence in shrimps provide protection against DNA mutation caused due to mutagenic agents as well as cancer initiation. The anti-proliferative compounds in shrimps slows down the uncontrolled proliferation of cancer cells. Furthermore, the anti-inflammatory feature of shrimps help in preventing the creation of suitable environment for the growth of cancer tumors. Apart from this, anti-angiogenic compounds in shrimps helps in avoiding the cancer cell multiplication through reduction of blood nutrients in the cancer tumors.

Moreover, shrimps are also the source of various carotenoids that also help in cancer prevention. The massive presence of polyunsaturated fatty acids in shrimps have been associated to play a key role in preventing human disorders such as heart ailments. However, though shrimps food comprise of reduced fat content, it consists of high cholesterols levels and this, in turn, is likely to deter the shrimp market expansion over the coming years.

Asia Pacific To Lead Overall Shrimp Market Surge During 2019-2025

The surge in the market in the Asia Pacific zone over the forecast timeline is owing to large-scale shrimp production in countries like China. In addition to this, thriving aquaculture activities in India will majorly contribute towards the regional market expansion over the coming years. Furthermore, countries like China, Thailand, and India are the leading exporters and manufacturers of shrimps.

Key players profiled in the report include Surapon Foods Public Company Limited, Trident Seafood’s Corporation, Nippon Suisan Kaisha, Ltd., and Charoen Pokphand Food PCL.

The global shrimp market is segmented as follows:

By Species

	Penaeus Vannamei
	Penaeus Monodon
	Macrobrachium Rosenbergii
	Others

By Shrimp Size

	Size <_1_br />12.2 Size 21-25
	Size 26-30
	Size 31-40
	Size 41-50
	Size 51-60
	Size 61-70
	Size >70

By Distribution Channel

	Hypermarkets and Supermarkets
	Convenience Stores
	Hotels and Restaurants
	Online Sales
	Others

By Region

	North America
	
		The U.S.
		Canada
	
	
	Europe
	
		France
		The UK
		Spain
		Germany
		Italy
		Rest of Europe
	
	
	Asia Pacific
	
		China
		Japan
		India
		South Korea
		Southeast Asia
		Rest of Asia Pacific
	
	
	Latin America
	
		Brazil
		Mexico
		Rest of Latin America
	
	
	Middle East & Africa
	
		GCC
		South Africa
		Rest of Middle East & Africa