Shrimp Market Size
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 125.4 Billion |
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Market Size (2029) | USD 134.8 Billion |
|
Largest Share by Distribution Channel | On-Trade |
|
|
CAGR (2024 - 2029) | 1.46 % |
|
Largest Share by Region | Asia-Pacific |
|
|
Market Concentration | Low |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Shrimp Market Analysis
The Shrimp Market size is estimated at 125.4 billion USD in 2024, and is expected to reach 134.8 billion USD by 2029, growing at a CAGR of 1.46% during the forecast period (2024-2029).
125.4 Billion
Market Size in 2024 (USD)
134.8 Billion
Market Size in 2029 (USD)
2.51 %
CAGR (2017-2023)
1.46 %
CAGR (2024-2029)
Largest Segment by Region
73.33 %
value share, Asia-Pacific, 2023
Asia-Pacific largely produces shrimps, mainly in countries like India, Thailand, and China, which supports its easy supply in the region, leading to higher consumption.
Largest Segment by Form
58.58 %
value share, Frozen, 2023
Lower prices of frozen shrimp relative to fresh shrimp are the key reason for its demand. Canned shrimp is popular on online channels due to its ease of shipping.
Fastest-growing Segment by Region
4.22 %
Projected CAGR, Africa, 2024-2029
The growth in regional sales is due to the expansion of existing shrimp farms, production increase, falling shrimp prices, and the introduction of shrimp to a new audience.
Fastest-growing Segment by Form
2.05 %
Projected CAGR, Fresh / Chilled, 2024-2029
Changing dietary habits and preferences across regions contributed to the demand for seafood, thus, the demand for fresh forms of high quality has grown.
Leading Market Player
0.68 %
market share, Nippon Suisan Kaisha Ltd, 2022
The company's expertise in fisheries, fish farming, marine research and development, production, logistics, and marketing, drives its sales, making it the market leader.
The foodservice industry is expected to drive the market
- The on-trade channel accounted for a significant share in 2022. Shrimp sales witnessed a Y-o-Y growth of 2.07% by value from 2021 to 2022. The increase in the frequency of dining out boosted the market's growth globally. For instance, around 70% of the population in countries like the United States, China, Malaysia, and India dined out to consume seafood in 2022. Another major factor that drove the sales of shrimp globally was the increase in disposable incomes. The rise in the number of foodservice establishments, such as food trucks, quick-service restaurants, and full-service restaurants, and the emerging trend of cloud kitchens also boosted the sales of shrimp through the on-trade channel.
- The off-trade channel is anticipated to register the fastest growth during the forecast period, with a CAGR of 2.76% by value. Among all off-trade channels, supermarkets and hypermarkets accounted for a share of more than 61.02% in 2022. Consumers switched to private-label brands instead of national brands, which offer more varieties of shrimp products, such as South American white shrimp, Asian white shrimp, and breaded shrimp products. Private-label brands are able to attract consumers with a wide range of shrimp products, such as peeled shrimp, processed shrimp, and shell-on shrimp.
- The online channel is projected to be the fastest-growing channel, registering a CAGR of 5.10% during the forecast period. Major online stores like Amazon, Walmart, The Kroger Co., and others have launched more products with ASC certification. Around 46% of consumers made online purchases for groceries in 2021. The increase in the adoption of e-commerce is expected to favor the growth of the market.
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Shrimp imports are increasing in the Western markets and Japan
- The cost of aquaculture inputs (feed, fuel, and transportation) increased significantly in 2022, causing difficulties for shrimp farmers worldwide. Nevertheless, production and export of farmed shrimp in Asia were moderate in 2022. In terms of species, vannamei shrimp dominated the supply. From January to June 2022, the cumulative shrimp imports to the top five markets were 1.36 million tons, up by 13% from the same period last year. Imports of semi-processed (peeled shrimp) and processed shrimp (breaded and others) increased in Western markets and Japan during this period, mainly from Vietnam, Thailand, Indonesia, and China.
- Asia-Pacific dominates the shrimp market, with a 41% higher market share than North America and a 41.5% higher market share than Europe. This is mainly due to its population, as around 59% of the global population lives in Asia. More countries are producing shrimp, such as India, Thailand, China, and others, which account for around 58% of global production, and 49% of the shrimp produced is consumed locally. The rest is exported to other countries like the United States for premium prices.
- South America is likely to be the fastest-growing shrimp market. It is expected to record a CAGR of 3.77% by value during the forecast period. The country is known for the premium quality and prices of its shrimp. The increase in investments and demand for premium shrimp is expected to drive the market. Brazilian shrimp producers were targeting 20% 鈥嬧�媑rowth through 2023, helped by an explosion of small-scale producers in the northeast of the country. Achieving this target would boost production to 180,000 tons and allow new and existing producers to capitalize on domestic demand as consumers sought variety in their diets.
Global Shrimp Market Trends
Occurrence of outbreaks and low-quality production facilities are impacting Asia's production
- Global shrimp production grew by 5.29% from 2017 to 2022. As per the Global Seafood Alliance's (GSA's) annual production survey, global shrimp production is forecast to jump to the highest production ever, driven by a sharp expansion of Ecuador's shrimp farming industry. Ecuador's shrimp production saw 41% growth in 2021, the single largest nominal growth of any aquaculture industry.
- Globally, Asian countries produce the most shrimp. 糖心vlog传媒 45% of the world's shrimp come from Asia. Shrimp production in Asia was expected to see minimal growth in 2023, as many individual farmers either abandoned or reduced their sowing. In 2022, weather issues, disease, and rising feed costs in China and India resulted in negative overall growth. A combination of constantly occurring problems such as Enterocytozoon hepatopenaei (EHP) and early mortality syndrome (EMS) lead to an increase in production costs. Production in Vietnam remained almost flat in 2022. The small-scale and low-tech nature of the farms, pollution, poor water quality, impacts of climate change such as saltwater intrusion, and the lack of quality infrastructure are a few factors restraining the country's shrimp production.
- Production in Indonesia grew slightly as the country is mostly dependent on the strong US market. However, the market is expecting a downturn due to higher production costs. In Indonesia, the government has set targets to increase its shrimp production to 578,000 MT in 2024. Shrimp farming has expanded significantly beyond the traditional hubs of Lampung and East Java in recent years, with new farming clusters emerging in Sulawesi and the eastern areas of Indonesia, particularly East Nusa Tenggara. These new regions are projected to play huge roles in Indonesia's shrimp production in the future.
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Rising supply chain costs are leading to growth in prices
- Between 2017 and 2022, the price of shrimp at a global level increased by 8.47%. High freight rates, the rising cost of marine fuels, and logistical disruptions, including bottlenecks at seaports across regions, propelled wholesale prices. Demand for shrimp is expected to grow at the fastest rates in East and Western Europe and the US. High freight costs have caused import prices to rise by USD 0.70 to USD 0.80 per kg for products going from Asia to North America and Europe. Shipping prices remained high until the summer of 2022.
- In the United States, the price of shrimp increased by 0.96% in 2022 compared to the previous year. Higher shrimp prices are leading to lower demand in the United States, but even so, prices are expected to remain elevated as fishing companies work to reduce inventories. Even as farmers are paid less to grow shrimp, resulting in lower inventories worldwide, the prices US retailers offer consumers are based on what they paid for the product months ago, in addition to cold storage costs, which have grown with energy prices due to the war in Ukraine.
- In Europe during the first half of 2023, the prices of shrimp varied from USD 33/kg to USD 67/kg. In 2021, the ex-farm prices of shrimp in producing countries remained stable until July but started to increase from August onward due to the lower supply in Asia. In Ecuador, average export prices rose to around USD 6.00/kg, the highest level since December 2018. In India, the prices fluctuated because supply was volatile, but the prices were not as low as in Ecuador. The price increase hit all parties involved in the shrimp supply chain, and the high-priced stocks accumulated by the COVID-19 pandemic induced a surge in demand in 2021.
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Shrimp Industry Overview
The Shrimp Market is fragmented, with the top five companies occupying 1.64%. The major players in this market are Beaver Street Fisheries, Dulcich Inc., Maruha Nichiro Corporation, Nippon Suisan Kaisha Ltd and Thai Union Group PCL (sorted alphabetically).
Shrimp Market Leaders
Beaver Street Fisheries
Dulcich Inc.
Maruha Nichiro Corporation
Nippon Suisan Kaisha Ltd
Thai Union Group PCL
Other important companies include Admiralty Island Fisheries Inc., Industrial Pesquera Santa Priscila SA, Operadora y Procesadora de Productos Marinos OMARSA S.A., Premium Brands Holdings Corp., Roda Internacional Canarias SL, Sysco Corporation, The Waterbase Limited.
*Disclaimer: Major Players sorted in alphabetical order.
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Shrimp Market News
- November 2023: Beaver Street Fisheries, Inc. launched its newest selection to its popular Sea Best Seafood Festival line. The seafood boil addresses a consumer demand for more interesting seafood options that are easy to prepare at home. The new Steamer Pot offers a New England-style boil that includes shrimp, cold water lobster claws, clams, and mussels.
- April 2023: Thai Union joins marine debris cleanup program with Samut Sakhon City Development to help protect local environment.
- March 2022: Beaver Street Fisheries completed its renovation in Jacksonville for the packaging facility. This move may help the company improve its storage facilities.
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Shrimp Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study鈥�
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Price Trends
2.1.1. Shrimp
2.2. Production Trends
2.2.1. Shrimp
2.3. Regulatory Framework
2.3.1. Australia
2.3.2. Canada
2.3.3. China
2.3.4. India
2.3.5. Japan
2.3.6. Mexico
2.3.7. United States
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)
3.1. Form
3.1.1. Canned
3.1.2. Fresh / Chilled
3.1.3. Frozen
3.1.4. Processed
3.2. Distribution Channel
3.2.1. Off-Trade
3.2.1.1. Convenience Stores
3.2.1.2. Online Channel
3.2.1.3. Supermarkets and Hypermarkets
3.2.1.4. Others
3.2.2. On-Trade
3.3. Region
3.3.1. Africa
3.3.1.1. By Form
3.3.1.2. By Distribution Channel
3.3.1.3. By Country
3.3.1.3.1. Egypt
3.3.1.3.2. Nigeria
3.3.1.3.3. South Africa
3.3.1.3.4. Rest of Africa
3.3.2. Asia-Pacific
3.3.2.1. By Form
3.3.2.2. By Distribution Channel
3.3.2.3. By Country
3.3.2.3.1. Australia
3.3.2.3.2. China
3.3.2.3.3. India
3.3.2.3.4. Indonesia
3.3.2.3.5. Japan
3.3.2.3.6. Malaysia
3.3.2.3.7. South Korea
3.3.2.3.8. Rest of Asia-Pacific
3.3.3. Europe
3.3.3.1. By Form
3.3.3.2. By Distribution Channel
3.3.3.3. By Country
3.3.3.3.1. France
3.3.3.3.2. Germany
3.3.3.3.3. Italy
3.3.3.3.4. Netherlands
3.3.3.3.5. Russia
3.3.3.3.6. Spain
3.3.3.3.7. United Kingdom
3.3.3.3.8. Rest of Europe
3.3.4. Middle East
3.3.4.1. By Form
3.3.4.2. By Distribution Channel
3.3.4.3. By Country
3.3.4.3.1. Bahrain
3.3.4.3.2. Kuwait
3.3.4.3.3. Oman
3.3.4.3.4. Qatar
3.3.4.3.5. Saudi Arabia
3.3.4.3.6. United Arab Emirates
3.3.4.3.7. Rest of Middle East
3.3.5. North America
3.3.5.1. By Form
3.3.5.2. By Distribution Channel
3.3.5.3. By Country
3.3.5.3.1. Canada
3.3.5.3.2. Mexico
3.3.5.3.3. United States
3.3.5.3.4. Rest of North America
3.3.6. South America
3.3.6.1. By Form
3.3.6.2. By Distribution Channel
3.3.6.3. By Country
3.3.6.3.1. Argentina
3.3.6.3.2. Brazil
3.3.6.3.3. Rest of South America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
4.4.1. Admiralty Island Fisheries Inc.
4.4.2. Beaver Street Fisheries
4.4.3. Dulcich Inc.
4.4.4. Industrial Pesquera Santa Priscila SA
4.4.5. Maruha Nichiro Corporation
4.4.6. Nippon Suisan Kaisha Ltd
4.4.7. Operadora y Procesadora de Productos Marinos OMARSA S.A.
4.4.8. Premium Brands Holdings Corp.
4.4.9. Roda Internacional Canarias SL
4.4.10. Sysco Corporation
4.4.11. Thai Union Group PCL
4.4.12. The Waterbase Limited
5. KEY STRATEGIC QUESTIONS FOR SEAFOOD INDUSTRY CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter鈥檚 Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- SHRIMP PRICE PER METRIC TON, USD, GLOBAL, 2017 - 2023
- Figure 2:
- SHRIMP PRODUCTION, METRIC TON, GLOBAL, 2017 - 2029
- Figure 3:
- VOLUME OF SHRIMP MARKET, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 4:
- VALUE OF SHRIMP MARKET, USD, GLOBAL, 2017 - 2029
- Figure 5:
- VOLUME OF SHRIMP MARKET BY FORM, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 6:
- VALUE OF SHRIMP MARKET BY FORM, USD, GLOBAL, 2017 - 2029
- Figure 7:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY FORM, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 8:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY FORM, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 9:
- VOLUME OF CANNED SHRIMP MARKET, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 10:
- VALUE OF CANNED SHRIMP MARKET, USD, GLOBAL, 2017 - 2029
- Figure 11:
- VALUE SHARE OF CANNED SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, GLOBAL, 2022 VS 2029
- Figure 12:
- VOLUME OF FRESH / CHILLED SHRIMP MARKET, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 13:
- VALUE OF FRESH / CHILLED SHRIMP MARKET, USD, GLOBAL, 2017 - 2029
- Figure 14:
- VALUE SHARE OF FRESH / CHILLED SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, GLOBAL, 2022 VS 2029
- Figure 15:
- VOLUME OF FROZEN SHRIMP MARKET, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 16:
- VALUE OF FROZEN SHRIMP MARKET, USD, GLOBAL, 2017 - 2029
- Figure 17:
- VALUE SHARE OF FROZEN SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, GLOBAL, 2022 VS 2029
- Figure 18:
- VOLUME OF PROCESSED SHRIMP MARKET, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 19:
- VALUE OF PROCESSED SHRIMP MARKET, USD, GLOBAL, 2017 - 2029
- Figure 20:
- VALUE SHARE OF PROCESSED SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, GLOBAL, 2022 VS 2029
- Figure 21:
- VOLUME OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 22:
- VALUE OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, USD, GLOBAL, 2017 - 2029
- Figure 23:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 24:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 25:
- VOLUME OF SHRIMP MARKET SOLD VIA OFF-TRADE, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 26:
- VALUE OF SHRIMP MARKET SOLD VIA OFF-TRADE, USD, GLOBAL, 2017 - 2029
- Figure 27:
- VOLUME OF SHRIMP MARKET SOLD VIA OFF-TRADE CHANNELS, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 28:
- VALUE OF SHRIMP MARKET SOLD VIA OFF-TRADE CHANNELS, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 29:
- VOLUME OF SHRIMP MARKET SOLD VIA CONVENIENCE STORES, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 30:
- VALUE OF SHRIMP MARKET SOLD VIA CONVENIENCE STORES, USD, GLOBAL, 2017 - 2029
- Figure 31:
- VALUE SHARE OF SHRIMP MARKET SOLD VIA CONVENIENCE STORES SPLIT BY FORM, %, GLOBAL, 2022 VS 2029
- Figure 32:
- VOLUME OF SHRIMP MARKET SOLD VIA ONLINE CHANNEL, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 33:
- VALUE OF SHRIMP MARKET SOLD VIA ONLINE CHANNEL, USD, GLOBAL, 2017 - 2029
- Figure 34:
- VALUE SHARE OF SHRIMP MARKET SOLD VIA ONLINE CHANNEL SPLIT BY FORM, %, GLOBAL, 2022 VS 2029
- Figure 35:
- VOLUME OF SHRIMP MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 36:
- VALUE OF SHRIMP MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, USD, GLOBAL, 2017 - 2029
- Figure 37:
- VALUE SHARE OF SHRIMP MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS SPLIT BY FORM, %, GLOBAL, 2022 VS 2029
- Figure 38:
- VOLUME OF SHRIMP MARKET SOLD VIA OTHERS, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 39:
- VALUE OF SHRIMP MARKET SOLD VIA OTHERS, USD, GLOBAL, 2017 - 2029
- Figure 40:
- VALUE SHARE OF SHRIMP MARKET SOLD VIA OTHERS SPLIT BY FORM, %, GLOBAL, 2022 VS 2029
- Figure 41:
- VOLUME OF SHRIMP MARKET SOLD VIA ON-TRADE, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 42:
- VALUE OF SHRIMP MARKET SOLD VIA ON-TRADE, USD, GLOBAL, 2017 - 2029
- Figure 43:
- VOLUME OF SHRIMP MARKET BY REGION, METRIC TONS, GLOBAL, 2017 - 2029
- Figure 44:
- VALUE OF SHRIMP MARKET BY REGION, USD, GLOBAL, 2017 - 2029
- Figure 45:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 46:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY REGION, %, GLOBAL, 2017 VS 2023 VS 2029
- Figure 47:
- VOLUME OF SHRIMP MARKET BY FORM, METRIC TONS, AFRICA, 2017 - 2029
- Figure 48:
- VALUE OF SHRIMP MARKET BY FORM, USD, AFRICA, 2017 - 2029
- Figure 49:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY FORM, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 50:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY FORM, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 51:
- VOLUME OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, AFRICA, 2017 - 2029
- Figure 52:
- VALUE OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, USD, AFRICA, 2017 - 2029
- Figure 53:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 54:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 55:
- VOLUME OF SHRIMP MARKET BY COUNTRY, METRIC TONS, AFRICA, 2017 - 2029
- Figure 56:
- VALUE OF SHRIMP MARKET BY COUNTRY, USD, AFRICA, 2017 - 2029
- Figure 57:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 58:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, AFRICA, 2017 VS 2023 VS 2029
- Figure 59:
- VOLUME OF SHRIMP MARKET, METRIC TONS, EGYPT, 2017 - 2029
- Figure 60:
- VALUE OF SHRIMP MARKET, USD, EGYPT, 2017 - 2029
- Figure 61:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, EGYPT, 2022 VS 2029
- Figure 62:
- VOLUME OF SHRIMP MARKET, METRIC TONS, NIGERIA, 2017 - 2029
- Figure 63:
- VALUE OF SHRIMP MARKET, USD, NIGERIA, 2017 - 2029
- Figure 64:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, NIGERIA, 2022 VS 2029
- Figure 65:
- VOLUME OF SHRIMP MARKET, METRIC TONS, SOUTH AFRICA, 2017 - 2029
- Figure 66:
- VALUE OF SHRIMP MARKET, USD, SOUTH AFRICA, 2017 - 2029
- Figure 67:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, SOUTH AFRICA, 2022 VS 2029
- Figure 68:
- VOLUME OF SHRIMP MARKET, METRIC TONS, REST OF AFRICA, 2017 - 2029
- Figure 69:
- VALUE OF SHRIMP MARKET, USD, REST OF AFRICA, 2017 - 2029
- Figure 70:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, REST OF AFRICA, 2022 VS 2029
- Figure 71:
- VOLUME OF SHRIMP MARKET BY FORM, METRIC TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 72:
- VALUE OF SHRIMP MARKET BY FORM, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 73:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY FORM, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 74:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY FORM, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 75:
- VOLUME OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 76:
- VALUE OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 77:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 78:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 79:
- VOLUME OF SHRIMP MARKET BY COUNTRY, METRIC TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 80:
- VALUE OF SHRIMP MARKET BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 81:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 82:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 83:
- VOLUME OF SHRIMP MARKET, METRIC TONS, AUSTRALIA, 2017 - 2029
- Figure 84:
- VALUE OF SHRIMP MARKET, USD, AUSTRALIA, 2017 - 2029
- Figure 85:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, AUSTRALIA, 2022 VS 2029
- Figure 86:
- VOLUME OF SHRIMP MARKET, METRIC TONS, CHINA, 2017 - 2029
- Figure 87:
- VALUE OF SHRIMP MARKET, USD, CHINA, 2017 - 2029
- Figure 88:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, CHINA, 2022 VS 2029
- Figure 89:
- VOLUME OF SHRIMP MARKET, METRIC TONS, INDIA, 2017 - 2029
- Figure 90:
- VALUE OF SHRIMP MARKET, USD, INDIA, 2017 - 2029
- Figure 91:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, INDIA, 2022 VS 2029
- Figure 92:
- VOLUME OF SHRIMP MARKET, METRIC TONS, INDONESIA, 2017 - 2029
- Figure 93:
- VALUE OF SHRIMP MARKET, USD, INDONESIA, 2017 - 2029
- Figure 94:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, INDONESIA, 2022 VS 2029
- Figure 95:
- VOLUME OF SHRIMP MARKET, METRIC TONS, JAPAN, 2017 - 2029
- Figure 96:
- VALUE OF SHRIMP MARKET, USD, JAPAN, 2017 - 2029
- Figure 97:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, JAPAN, 2022 VS 2029
- Figure 98:
- VOLUME OF SHRIMP MARKET, METRIC TONS, MALAYSIA, 2017 - 2029
- Figure 99:
- VALUE OF SHRIMP MARKET, USD, MALAYSIA, 2017 - 2029
- Figure 100:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, MALAYSIA, 2022 VS 2029
- Figure 101:
- VOLUME OF SHRIMP MARKET, METRIC TONS, SOUTH KOREA, 2017 - 2029
- Figure 102:
- VALUE OF SHRIMP MARKET, USD, SOUTH KOREA, 2017 - 2029
- Figure 103:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, SOUTH KOREA, 2022 VS 2029
- Figure 104:
- VOLUME OF SHRIMP MARKET, METRIC TONS, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 105:
- VALUE OF SHRIMP MARKET, USD, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 106:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, REST OF ASIA-PACIFIC, 2022 VS 2029
- Figure 107:
- VOLUME OF SHRIMP MARKET BY FORM, METRIC TONS, EUROPE, 2017 - 2029
- Figure 108:
- VALUE OF SHRIMP MARKET BY FORM, USD, EUROPE, 2017 - 2029
- Figure 109:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY FORM, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 110:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY FORM, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 111:
- VOLUME OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, EUROPE, 2017 - 2029
- Figure 112:
- VALUE OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, USD, EUROPE, 2017 - 2029
- Figure 113:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 114:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 115:
- VOLUME OF SHRIMP MARKET BY COUNTRY, METRIC TONS, EUROPE, 2017 - 2029
- Figure 116:
- VALUE OF SHRIMP MARKET BY COUNTRY, USD, EUROPE, 2017 - 2029
- Figure 117:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 118:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, EUROPE, 2017 VS 2023 VS 2029
- Figure 119:
- VOLUME OF SHRIMP MARKET, METRIC TONS, FRANCE, 2017 - 2029
- Figure 120:
- VALUE OF SHRIMP MARKET, USD, FRANCE, 2017 - 2029
- Figure 121:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, FRANCE, 2022 VS 2029
- Figure 122:
- VOLUME OF SHRIMP MARKET, METRIC TONS, GERMANY, 2017 - 2029
- Figure 123:
- VALUE OF SHRIMP MARKET, USD, GERMANY, 2017 - 2029
- Figure 124:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, GERMANY, 2022 VS 2029
- Figure 125:
- VOLUME OF SHRIMP MARKET, METRIC TONS, ITALY, 2017 - 2029
- Figure 126:
- VALUE OF SHRIMP MARKET, USD, ITALY, 2017 - 2029
- Figure 127:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, ITALY, 2022 VS 2029
- Figure 128:
- VOLUME OF SHRIMP MARKET, METRIC TONS, NETHERLANDS, 2017 - 2029
- Figure 129:
- VALUE OF SHRIMP MARKET, USD, NETHERLANDS, 2017 - 2029
- Figure 130:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, NETHERLANDS, 2022 VS 2029
- Figure 131:
- VOLUME OF SHRIMP MARKET, METRIC TONS, RUSSIA, 2017 - 2029
- Figure 132:
- VALUE OF SHRIMP MARKET, USD, RUSSIA, 2017 - 2029
- Figure 133:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, RUSSIA, 2022 VS 2029
- Figure 134:
- VOLUME OF SHRIMP MARKET, METRIC TONS, SPAIN, 2017 - 2029
- Figure 135:
- VALUE OF SHRIMP MARKET, USD, SPAIN, 2017 - 2029
- Figure 136:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, SPAIN, 2022 VS 2029
- Figure 137:
- VOLUME OF SHRIMP MARKET, METRIC TONS, UNITED KINGDOM, 2017 - 2029
- Figure 138:
- VALUE OF SHRIMP MARKET, USD, UNITED KINGDOM, 2017 - 2029
- Figure 139:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, UNITED KINGDOM, 2022 VS 2029
- Figure 140:
- VOLUME OF SHRIMP MARKET, METRIC TONS, REST OF EUROPE, 2017 - 2029
- Figure 141:
- VALUE OF SHRIMP MARKET, USD, REST OF EUROPE, 2017 - 2029
- Figure 142:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, REST OF EUROPE, 2022 VS 2029
- Figure 143:
- VOLUME OF SHRIMP MARKET BY FORM, METRIC TONS, MIDDLE EAST, 2017 - 2029
- Figure 144:
- VALUE OF SHRIMP MARKET BY FORM, USD, MIDDLE EAST, 2017 - 2029
- Figure 145:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY FORM, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 146:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY FORM, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 147:
- VOLUME OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, MIDDLE EAST, 2017 - 2029
- Figure 148:
- VALUE OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, USD, MIDDLE EAST, 2017 - 2029
- Figure 149:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 150:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 151:
- VOLUME OF SHRIMP MARKET BY COUNTRY, METRIC TONS, MIDDLE EAST, 2017 - 2029
- Figure 152:
- VALUE OF SHRIMP MARKET BY COUNTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 153:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 154:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, MIDDLE EAST, 2017 VS 2023 VS 2029
- Figure 155:
- VOLUME OF SHRIMP MARKET, METRIC TONS, BAHRAIN, 2017 - 2029
- Figure 156:
- VALUE OF SHRIMP MARKET, USD, BAHRAIN, 2017 - 2029
- Figure 157:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, BAHRAIN, 2022 VS 2029
- Figure 158:
- VOLUME OF SHRIMP MARKET, METRIC TONS, KUWAIT, 2017 - 2029
- Figure 159:
- VALUE OF SHRIMP MARKET, USD, KUWAIT, 2017 - 2029
- Figure 160:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, KUWAIT, 2022 VS 2029
- Figure 161:
- VOLUME OF SHRIMP MARKET, METRIC TONS, OMAN, 2017 - 2029
- Figure 162:
- VALUE OF SHRIMP MARKET, USD, OMAN, 2017 - 2029
- Figure 163:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, OMAN, 2022 VS 2029
- Figure 164:
- VOLUME OF SHRIMP MARKET, METRIC TONS, QATAR, 2017 - 2029
- Figure 165:
- VALUE OF SHRIMP MARKET, USD, QATAR, 2017 - 2029
- Figure 166:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, QATAR, 2022 VS 2029
- Figure 167:
- VOLUME OF SHRIMP MARKET, METRIC TONS, SAUDI ARABIA, 2017 - 2029
- Figure 168:
- VALUE OF SHRIMP MARKET, USD, SAUDI ARABIA, 2017 - 2029
- Figure 169:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, SAUDI ARABIA, 2022 VS 2029
- Figure 170:
- VOLUME OF SHRIMP MARKET, METRIC TONS, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 171:
- VALUE OF SHRIMP MARKET, USD, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 172:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, UNITED ARAB EMIRATES, 2022 VS 2029
- Figure 173:
- VOLUME OF SHRIMP MARKET, METRIC TONS, REST OF MIDDLE EAST, 2017 - 2029
- Figure 174:
- VALUE OF SHRIMP MARKET, USD, REST OF MIDDLE EAST, 2017 - 2029
- Figure 175:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, REST OF MIDDLE EAST, 2022 VS 2029
- Figure 176:
- VOLUME OF SHRIMP MARKET BY FORM, METRIC TONS, NORTH AMERICA, 2017 - 2029
- Figure 177:
- VALUE OF SHRIMP MARKET BY FORM, USD, NORTH AMERICA, 2017 - 2029
- Figure 178:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY FORM, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 179:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY FORM, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 180:
- VOLUME OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, NORTH AMERICA, 2017 - 2029
- Figure 181:
- VALUE OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, USD, NORTH AMERICA, 2017 - 2029
- Figure 182:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 183:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 184:
- VOLUME OF SHRIMP MARKET BY COUNTRY, METRIC TONS, NORTH AMERICA, 2017 - 2029
- Figure 185:
- VALUE OF SHRIMP MARKET BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 186:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 187:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, NORTH AMERICA, 2017 VS 2023 VS 2029
- Figure 188:
- VOLUME OF SHRIMP MARKET, METRIC TONS, CANADA, 2017 - 2029
- Figure 189:
- VALUE OF SHRIMP MARKET, USD, CANADA, 2017 - 2029
- Figure 190:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, CANADA, 2022 VS 2029
- Figure 191:
- VOLUME OF SHRIMP MARKET, METRIC TONS, MEXICO, 2017 - 2029
- Figure 192:
- VALUE OF SHRIMP MARKET, USD, MEXICO, 2017 - 2029
- Figure 193:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, MEXICO, 2022 VS 2029
- Figure 194:
- VOLUME OF SHRIMP MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 195:
- VALUE OF SHRIMP MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 196:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, UNITED STATES, 2022 VS 2029
- Figure 197:
- VOLUME OF SHRIMP MARKET, METRIC TONS, REST OF NORTH AMERICA, 2017 - 2029
- Figure 198:
- VALUE OF SHRIMP MARKET, USD, REST OF NORTH AMERICA, 2017 - 2029
- Figure 199:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, REST OF NORTH AMERICA, 2022 VS 2029
- Figure 200:
- VOLUME OF SHRIMP MARKET BY FORM, METRIC TONS, SOUTH AMERICA, 2017 - 2029
- Figure 201:
- VALUE OF SHRIMP MARKET BY FORM, USD, SOUTH AMERICA, 2017 - 2029
- Figure 202:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY FORM, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 203:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY FORM, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 204:
- VOLUME OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, SOUTH AMERICA, 2017 - 2029
- Figure 205:
- VALUE OF SHRIMP MARKET BY DISTRIBUTION CHANNEL, USD, SOUTH AMERICA, 2017 - 2029
- Figure 206:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 207:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 208:
- VOLUME OF SHRIMP MARKET BY COUNTRY, METRIC TONS, SOUTH AMERICA, 2017 - 2029
- Figure 209:
- VALUE OF SHRIMP MARKET BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2029
- Figure 210:
- VOLUME SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 211:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY COUNTRY, %, SOUTH AMERICA, 2017 VS 2023 VS 2029
- Figure 212:
- VOLUME OF SHRIMP MARKET, METRIC TONS, ARGENTINA, 2017 - 2029
- Figure 213:
- VALUE OF SHRIMP MARKET, USD, ARGENTINA, 2017 - 2029
- Figure 214:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, ARGENTINA, 2022 VS 2029
- Figure 215:
- VOLUME OF SHRIMP MARKET, METRIC TONS, BRAZIL, 2017 - 2029
- Figure 216:
- VALUE OF SHRIMP MARKET, USD, BRAZIL, 2017 - 2029
- Figure 217:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, BRAZIL, 2022 VS 2029
- Figure 218:
- VOLUME OF SHRIMP MARKET, METRIC TONS, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 219:
- VALUE OF SHRIMP MARKET, USD, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 220:
- VALUE SHARE OF SHRIMP MARKET SPLIT BY DISTRIBUTION CHANNEL, %, REST OF SOUTH AMERICA, 2022 VS 2029
- Figure 221:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, GLOBAL, 2020 - 2023
- Figure 222:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2020 - 2023
- Figure 223:
- VALUE SHARE OF MAJOR PLAYERS, %, GLOBAL, 2022
Shrimp Industry Segmentation
Canned, Fresh / Chilled, Frozen, Processed are covered as segments by Form. Off-Trade, On-Trade are covered as segments by Distribution Channel. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- The on-trade channel accounted for a significant share in 2022. Shrimp sales witnessed a Y-o-Y growth of 2.07% by value from 2021 to 2022. The increase in the frequency of dining out boosted the market's growth globally. For instance, around 70% of the population in countries like the United States, China, Malaysia, and India dined out to consume seafood in 2022. Another major factor that drove the sales of shrimp globally was the increase in disposable incomes. The rise in the number of foodservice establishments, such as food trucks, quick-service restaurants, and full-service restaurants, and the emerging trend of cloud kitchens also boosted the sales of shrimp through the on-trade channel.
- The off-trade channel is anticipated to register the fastest growth during the forecast period, with a CAGR of 2.76% by value. Among all off-trade channels, supermarkets and hypermarkets accounted for a share of more than 61.02% in 2022. Consumers switched to private-label brands instead of national brands, which offer more varieties of shrimp products, such as South American white shrimp, Asian white shrimp, and breaded shrimp products. Private-label brands are able to attract consumers with a wide range of shrimp products, such as peeled shrimp, processed shrimp, and shell-on shrimp.
- The online channel is projected to be the fastest-growing channel, registering a CAGR of 5.10% during the forecast period. Major online stores like Amazon, Walmart, The Kroger Co., and others have launched more products with ASC certification. Around 46% of consumers made online purchases for groceries in 2021. The increase in the adoption of e-commerce is expected to favor the growth of the market.
| Form | |
| Canned | |
| Fresh / Chilled | |
| Frozen | |
| Processed |
| Distribution Channel | ||||||
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| On-Trade |
| Region | ||||||||||||||
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Market Definition
- Frozen / Canned Seafood - Frozen seafood are products whose average temperature is reduced to -18 掳 C or lower to preserve the inherent quality of the fresh fish. Then it is kept at a temperature of -18 掳 C or lower to maintain its shelf life.鈥�
- Processed Seafood - Processed seafood are the ones that have been cured, salted, marinated, dried, pickled, fermented or smoked for human consumption. 鈥�
- Seafood - It contains marine species that can be consumed, particularly fish and shelled marine life.鈥�
- Shrimp - Shrimp are swimming crustaceans. They have long, slender muscles in their abdomens and lengthy antennae.鈥�
| Keyword | Definition |
|---|---|
| A5 | It is a Japanese grading system for beef. The 'A' means the carcass yield is the highest possible and the numeric rating relates to beef marbling, color and brightness of the flesh, its texture and color, luster, and fat quality. A5 is the highest mark wagyu beef can score. |
| Abbatoir | It is another name for a slaughterhouse and refers to the premise used for or in connection with the slaughter of animals whose meat is intended for human consumption. |
| Acute Hepatopancreatic Necrosis Disease (AHPND) | It is a disease that affects shrimp and is characterized by high mortalities, in many cases reaching 100% within 30-35 days of stocking grow-out ponds. |
| African Swine Fever (ASF) | It is a highly contagious viral disease of pigs caused by a double-stranded DNA virus in the Asfarviridae family. |
| Albacore Tuna | It is one of the smallest species of tuna found in the six distinct stocks known globally in the Atlantic, Pacific, and Indian oceans, as well as the Mediterranean Sea. |
| Angus beef | It is beef derived from a specific breed of cattle indigenous to Scotland. It requires certification from the American Angus Association to receive the "Certified Angus Beef" quality mark |
| Bacon | It is salted or smoked meat that comes from the back or sides of a pig |
| Black Angus | It is beef derived from a black-hided breed of cows that don't have horns. |
| Bologna | It is an Italian smoked sausage made of meat, typically large and made from pork, beef or veal. |
| Bovine spongiform encephalopathy (BSE) | It is a progressive neurological disorder of cattle that results from infection by an unusual transmissible agent called a prion. |
| Bratwurst | It refers to a type of German sausage made from pork, beef or veal. |
| BRC | British Retail Consortium |
| Brisket | It is a cut of meat from the breast or lower chest of beef or veal. The beef brisket is one of the nine beef primal cuts. |
| Broiler | It refers to any chicken (Gallus domesticus) that is bred and raised specifically for meat production. |
| Bushel | It is a unit of measurement for grains and pulses. 1 bushel = 27.216 kg |
| Carcass | It refers to the dressed body of a meat animal from which butchers trim the meat |
| CFIA | Canadian Food Inspection Agency |
| Chicken Tender | It refers to chicken meat prepared from the pectoralis minor muscles of a chicken bird. |
| Chuck Steak | It refers to a cut of beef that is part of the chuck primal, which is a large section of meat from the shoulder area of a cow |
| Corned Beef | It refers to beef brisket cured in brine and boiled, typically served cold. |
| CWT | Also known as a hundredweight, it is a unit of measurement used to define the quantity of meat. 1 CWT = 50.80 kg |
| Drumstick | It refers to a chicken leg without the thigh. |
| EFSA | European Food Safety Authority |
| ERS | Economic Research Service of the USDA |
| Ewe | It is an adult female sheep. |
| FDA | Food and Drug Administration |
| Fillet Mignon | It is a cut of meat taken from the smaller end of the tenderloin. |
| Flank Steak | It is a cut of beef steak taken from the flank, which lies forward of the rear quarter of a cow. |
| Foodservice | It refers to the part of the food industry which includes businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats. |
| Forage | It refers to animal feed. |
| Foreshank | It is the upper part of the foreleg of cattle |
| Franks | Also known as frankfurter or W眉rstchen, it is a type of highly seasoned smoked sausage popular in Austria and Germany. |
| FSANZ | Food Standards Australia New Zealand |
| FSIS | Food Safety and Inspection Service |
| FSSAI | Food Safety and Standards Authority of India |
| Gizzard | It refers to an organ found in the digestive tract of birds. It is also called the mechanical stomach of a bird. |
| Gluten | It is a family of proteins found in grains, including wheat, rye, spelt, and barley |
| Grain-fed beef | It is beef derived from cattle that have been fed a diet supplemented with soy and corn and other additives. Grainfed cows can also be given antibiotics and growth hormones to fatten them up more quickly. |
| Grass-fed beef | It is beef derived from cattle that have only been fed grass as feed. |
| Ham | It refers to the pork meat taken from the leg of a pig. |
| HoReCa | Hotels, Restaurants and Cafes |
| Jerky | It is lean trimmed meat that has been cut into strips and dried (dehydrated) to prevent spoilage. |
| Kobe Beef | It is Wagyu beef specifically from the Kuroge Washu breed of cows in Japan. To be classified as Kobe beef, the cow must have been born, raised, and slaughtered within the Hy艒go prefecture in the city of Kobe in Japan. |
| Liverwurst | It is type of German sausage made from beef or pork liver. |
| Loin | It refers to the sides between the lower ribs and pelvis, and the lower part of the back of a cow. |
| Mortadella | It is a large Italian sausage or luncheon meat made of finely hashed or ground heat-cured pork, which incorporates at least 15% small cubes of pork fat. |
| Pastrami | It refers to a highly seasoned smoked beef, typically served in thin slices. |
| Pepperoni | It is an American variety of spicy salami made from cured meat. |
| Plate | It refers to a forequarter cut from the belly of a cow, just below the rib cut. |
| Porcine reproductive and respiratory syndrome (PRRS) | It is a disease occurring in swine causing late-term reproductive failure and severe pneumonia in neonatal pigs. |
| Primal cuts | It refers to the major sections of the carcass. |
| Quorn | It is a meat substitute product prepared using mycoprotein as an ingredient, in which the fungus culture is dried and mixed with egg albumen or potato protein, which acts as a binder, and then is adjusted in texture and pressed into various forms. |
| Ready-to-Cook (RTC) | It refers to food products that include all of the ingredients, where some preparation or cooking is required through a process that is given on the package. |
| Ready-to-Eat (RTE) | It refers to a food product prepared or cooked in advance, with no further cooking or preparation required before being eaten |
| Retort Packaging | It is a process of aseptic packaging food in which food is filled into a pouch or metal can, sealed, and then heated to extremely high temperatures, rendering the product commercially sterile. |
| Round Steak | It refers to a beef steak from the the rear leg of the cow. |
| Rump Steak | It refers to a cut of beef derived from the division between the leg and the chine. |
| Salami | It is a cured sausage consisting of fermented and air-dried meat. |
| Saturated fat | It is a type of fat in which the fatty acid chains have all single bonds. It is generally considered unhealthy. |
| Sausage | It is a meat product made of finely chopped and seasoned meat, which may be fresh, smoked, or pickled and which is then usually stuffed into a casing. |
| Scallop | It is an edible shellfish that is a mollusk with a ribbed shell in two parts. |
| Seitan | It is a plant-based meat substitute made out of wheat gluten. |
| Self-service kios | It refers to a self-order point-of-sale (POS) system through which customers place and pay for their own orders at kiosks, enabling totally contactless and frictionless service. |
| Sirloin | It is a cut of beef from the bottom and side parts of a cow's back. |
| Surimi | It is a paste made from deboned fish |
| Tenderloin | It refers to a cut of beef consisting of the entire tenderloin muscle of a cow |
| Tiger Shrimp | It refers to a large shrimp variety from the Indian and Pacific oceans |
| Trans fat | Also called trans-unsaturated fatty acids or trans fatty acids, it is a type of unsaturated fat that naturally occurs in small amounts in meat. |
| Vannamei shrimp | It refers to tropical prawns and shrimp that are farmed in areas near the equator, generally along the coast in artificial ponds. |
| Wagyu Bee | It is beef derived from any of four strains of a breed of black or red Japanese cattle that are valued for their highly marbled meat. |
| Zoosanitary | It refers to the cleanliness of animals or animal product |
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Research Methodology
糖心vlog传媒 follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.鈥�
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.鈥�
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.鈥�
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
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