Frozen Shrimp Market

Frozen Shrimp Market Analysis by Gulf Shrimp, Farmed Whiteleg Shrimp, Banded Coral Shrimp, Royal Red Shrimp, Giant Tiger Shrimp, Blue Shrimp, and Ocean Shrimp from 2023 to 2033

Analysis of Frozen Shrimp Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Frozen Shrimp Market Outlook (2023 to 2033)

Worldwide demand for frozen shrimp is estimated at a market valuation of US$ 25.51 billion in 2023 and is predicted to climb to US$ 57.15 billion by 2033-end. The global frozen shrimp market is projected to exhibit expansion at an impressive 8.4% CAGR from 2023 to 2033, thereby providing an absolute dollar opportunity of US$ 31.64 billion.

Rising popularity of seafood and cuisines featuring seafood around the world is anticipated to primarily augment demand for frozen shrimp throughout the forecast period. Expanding working women population and growing adoption of high-paced modern lifestyles are fuelling the demand for frozen foods, ready-to-eat meals, and other convenience foods, which is also favouring the frozen shrimp market growth.

High focus on health, increasing awareness regarding the benefits of shrimp consumption, expansion of shrimp and seafood aquaculture, and inclination of health-conscious consumers toward a protein-rich diet are other prospects that could boost sales of products such as frozen raw shrimp, frozen breaded shrimp, frozen tiger prawns, frozen salmon, and other frozen seafood products through 2033.

Contrastingly, changing regulatory standards for food safety, fluctuations in the supply chain, volatility in pricing, and adverse impact of traditional shrimp farming activities are anticipated to impede market growth potential going forward.

  • In March 2023, The Saudi Food and Drug Authority (SFDA) announced the imposition of a temporary ban on imports of shrimp from India citing ‘white spot virus’ infections in these products. The decision was taken after analyzing several samples of frozen shrimp imported from India were found to be positive for the aforementioned virus.

An increasing number of vegans around the world and the growing adoption of plant-based diets are fuelling demand for meat substitutes, thereby hurting sales of frozen seafood and other meat products.

  • The ISH Food Company is a start-up founded in 2020 to offer sustainable plant-based seafood alternatives. The company provides a product called Shrimpish, which is dubbed as a premium plant-based shrimp alternative to regular shrimp. The product is made from soy protein, konjac, and green coconut, which complete the experience with taste and texture.
Report Attributes Details
Frozen Shrimp Market Size (2023) US$ 25.51 Billion
Projected Market Value (2033F) US$ 57.15 Billion
Global Market Growth Rate (2023 to 2033) 8.4% CAGR
United States Market Value (2033) US$ 22.97 Billion
India Market Growth Rate (2023 to 2033) 7.9% CAGR
South Korea Market Growth Rate (2023 to 2033) 6.1% CAGR
Japan Market Value (2033F) US$ 1.88 Billion
Demand Growth of Organic Frozen Shrimp (2023 to 2033) 11.7% CAGR
United States Market Growth Rate (2023 to 2033) 9.6% CAGR
Key Companies Profiled SeaPak Shrimp Company; Toyo Suisan Kaisha; High Liner Foods; Aqua Star Corp.; Clearwater Seafood; Surapon Foods; Aqua Chile; Nordic Seafood A/S; Seafood Co.; Thai Union Group

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How Can Start-ups Make a Name for Themselves in the Seafood Industry?

“Adoption of Sustainable Aquaculture Practices - Prime Focus of New Shrimp Companies”

Growing consumer demand for organic and sustainably-sourced seafood is pushing companies to opt for eco-friendly aquaculture and fish farming practices. Upcoming frozen shrimp suppliers are focusing on setting up new aquaculture facilities to upscale the production of organic shrimp and compete with the established market players.

  • In May 2023, Atarraya, an urban farming start-up founded in 2019, announced that it was launching its e-Commerce site to provide locally-sourced and sustainable shrimp to its consumers. The company converts cargo containers into Shrimpboxes to grow shrimp by using technology to regulate and monitor the environment.
  • In October 2021, Vertical Oceans, a start-up that grows sustainable shrimp in aqua towers, announced that it had raised US$ 3.5 million in a seed round led by Khosla Ventures. The company had stated that the towers can incubate shrimp without the need for antibiotics or chemicals, thus creating a more sustainable outcome.

Start-ups can benefit by learning more about aspects such as local supply, pricing trends, product standards, safety regulations, and new developments that have been discussed extensively in this frozen shrimp industry study by skilled analysts at Fact.MR, a market research and competitive intelligence provider.

Country-wise Insights

Which Asian Countries are Lucrative Markets for Frozen Seafood Suppliers?

“India, China, Japan, South Korea - Opportune Markets in APAC”

India is anticipated to emerge as a highly attractive space for frozen shrimp importers as the country accounts for a substantial volume of frozen seafood exports. Exports of frozen shrimp and frozen prawns along with other frozen fish products account for a prominent revenue in the Indian market while the rest of the revenue is generated by domestic sales, which have also been exhibiting an upward trend in recent years.

  • Shipments of frozen shrimp in India are forecasted to increase at a high 7.9% CAGR over the next ten years.

Shrimp has been a mainstay in Chinese cuisine for a long time and this is projected to influentially augment shipments of frozen shrimp in the country over the coming years. Growing awareness regarding the benefits associated with shrimp consumption, consumer inclination toward a protein-rich diet, rising disposable income, and high availability of frozen seafood are other aspects that promote market growth in China through 2033.

What’s Driving Frozen Shrimp Consumption in the United States?

“High Demand for Convenience Foods Prime Factor Promoting Market Development”

Consumers in the United States are accustomed to fast-paced lifestyles and this is primarily boosting the demand for packaged foods and convenience foods, which is projected to favor frozen shrimp sales as well. The surging incidence of obesity and other chronic disorders in the country has led to an increased focus on health and fitness, which is also slated to promote market growth going forward.

  • Sales of frozen shrimp in the United States are estimated to rake in a revenue valuation of US$ 22.97 billion by the end of the forecast period.

High focus on health and fitness, high import volume of fresh and frozen shrimp, expanding food service industry, and rising preference for protein-rich foods are other aspects that could promulgate shipments of frozen shrimp over the next ten years. On the contrary, product recalls due to speculations of contamination and fluctuations in the supply chain are anticipated to impede market growth in the long run.

  • In August 2021, Avanti Frozen Foods and the United States Food and Drug Administration announced the expansion of its frozen shrimp recall previously issued in June 2021. The recall was based on speculations that the product might have been contaminated with salmonella.

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Category-wise Insights

Species of Which Shrimp is Expected to Be Most Sought After?

“Farmed Whiteleg Frozen Shrimp to Lead Global Demand”

The frozen shrimp market is segmented based on product type and further classified as gulf shrimp, farmed whiteleg shrimp, banded coral shrimp, royal red shrimp, giant tiger shrimp, blue shrimp, and ocean shrimp.

Growing farmed whiteleg shrimp is relatively easy as compared to other species of shrimp, and their high resistance to disease is a factor that is anticipated to boost its demand over the coming years. Surging demand for immunity-boosting food products is also slated to promulgate farmed whiteleg shrimp shipments owing to rising awareness regarding their immunity-boosting properties.

  • Sales of frozen farmed whiteleg shrimp are forecasted to rise at a stellar 10.3% CAGR over the next ten years.

Why is the Popularity of Conventional Frozen Shrimp Expected to Decline?

“Rising Consumer Preference for Sustainability-compliant Organic Products”

Based on source, the frozen shrimp market is segmented into organic and conventional.

Increasing focus on sustainability around the world has led to the launch of several awareness initiatives to shed light on how harmful the impact of certain industries is on the natural environment. Growing awareness regarding sustainable aquaculture practices and increasing consumer inclination toward organic and natural food products are estimated to bolster consumption of organic frozen shrimp over the coming years.

  • Shipments of organic frozen shrimp are predicted to increase at an astronomical 11.7% CAGR from 2023 to 2033.

Competitive Landscape

Prime frozen shrimp manufacturers are focusing on improving their image by adopting sustainable practices that allow them to reach out to eco-conscious consumers and gain an edge over other market players. Frozen shrimp suppliers are also launching new products to improve their revenue generation and sales potential.

  • In May 2023, SABIC, a leading name in the chemical sector, announced that it had partnered with Coldwater Prawns of Norway and Estiko Packaging Solutions to develop novel sustainable packaging pouches for frozen prawns.
  • In June 2023, Trader Joe’s, an American grocery store chain, announced the launch of its new line of products for summer. This new range of products also included a frozen shrimp dish called Shrimp Boom Bah and battered plant-based fish filets.

Know thy Competitors

Competitive landscape highlights only certain players
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Key Segments Covered in Frozen Shrimp Industry Research

  • By Species :

    • Gulf Shrimp
    • Farmed Whiteleg Shrimp
    • Banded Coral Shrimp
    • Royal Red Shrimp
    • Giant Tiger Shrimp
    • Blue Shrimp
    • Ocean Shrimp
  • By Source :

    • Organic
    • Conventional
  • By Application :

    • Food
    • Pharmaceuticals
    • Cosmetics
    • Industrial
    • Biotechnology
  • By Sales Channel :

    • Direct Sales
    • Indirect Sales
      • Modern Trade
      • Convenience Stores
      • Specialty Food Stores
      • Wholesale Stores
      • Discount Stores
      • Online Retail Stores
      • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. The Massive Impact of the Crisis
  • 4. Market Background
  • 5. Key Regulations
  • 6. Value Chain Analysis
  • 7. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 8. Global Market - Pricing Analysis
  • 9. Global Market Demand (Size in US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Species
    • 10.1. Gulf Shrimps
    • 10.2. Farmed Whiteleg Shrimps
    • 10.3. Banded Coral Shrimps
    • 10.4. Royal Red Shrimp
    • 10.5. Giant Tiger Shrimps
    • 10.6. Blue Shrimps
    • 10.7. Ocean Shrimps
  • 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source
    • 11.1. Organic
    • 11.2. Conventional
  • 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
    • 12.1. Food
    • 12.2. Pharmaceuticals
    • 12.3. Cosmetics
    • 12.4. Industrial
    • 12.5. Biotechnology
  • 13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
    • 13.1. Direct Sales
    • 13.2. Indirect Sales
      • 13.2.1. Modern Trade
      • 13.2.2. Convenience Stores
      • 13.2.3. Specialty Food Stores
      • 13.2.4. Wholesale Stores
      • 13.2.5. Discount Stores
      • 13.2.6. Online Retail Stores
      • 13.2.7. Other
  • 14. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 14.1. North America
    • 14.2. Latin America
    • 14.3. Europe
    • 14.4. East Asia
    • 14.5. South Asia
    • 14.6. Oceania
    • 14.7. Middle East and Africa (MEA)
  • 15. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 16. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 17. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 18. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 19. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 20. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 21. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 22. Market Structure Analysis
  • 23. Competition Analysis
    • 23.1. GOYA
    • 23.2. SeaPak Shrimp Company
    • 23.3. Seafood Co.
    • 23.4. Aqua Star Corp.
    • 23.5. Clearwater Seafood
    • 23.6. Aqua Chile
    • 23.7. Toyo Suisan Kaisha
    • 23.8. High Liner Foods
    • 23.9. Surapon Foods
    • 23.10. Nordic Seafood A/S
    • 23.11. Thai Union Group
    • 23.12. Other Players (On Additional Requests)
  • 24. Assumptions and Acronyms Used
  • 25. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) and Forecast by Region, 2018 to 2022

Table 02: Global Market Value (US$ Mn) and Forecast by Region, 2023 to 2033

Table 03: Global Market Volume (MT) and Forecast by Region, 2018 to 2022

Table 04: Global Market Volume (MT) and Forecast by Region, 2023 to 2033

Table 05: Global Market Value (US$ Mn) and Forecast by Species, 2018 to 2022

Table 06: Global Market Value (US$ Mn) and Forecast by Species, 2023 to 2033

Table 07: Global Market Volume (MT) and Forecast by Species, 2018 to 2022

Table 08: Global Market Volume (MT) and Forecast by Species, 2023 to 2033

Table 09: Global Market Value (US$ Mn) and Forecast by Source, 2018 to 2022

Table 10: Global Market Value (US$ Mn) and Forecast by Source, 2023 to 2033

Table 11: Global Market Volume (MT) and Forecast by Source, 2018 to 2022

Table 12: Global Market Volume (MT) and Forecast by Source, 2023 to 2033

Table 13: Global Market Value (US$ Mn) and Forecast by Application, 2018 to 2022

Table 14: Global Market Value (US$ Mn) and Forecast by Application, 2023 to 2033

Table 15: Global Market Volume (MT) and Forecast by Application, 2018 to 2022

Table 16: Global Market Volume (MT) and Forecast by Application, 2023 to 2033

Table 17: Global Market Value (US$ Mn) and Forecast by Sales Channel, 2018 to 2022

Table 18: Global Market Value (US$ Mn) and Forecast by Sales Channel, 2023 to 2033

Table 19: Global Market Volume (MT) and Forecast by Sales Channel, 2018 to 2022

Table 20: Global Market Volume (MT) and Forecast by Sales Channel, 2023 to 2033

Table 21: North America Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 22: North America Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 23: North America Market Volume (MT) and Forecast by Country, 2018 to 2022

Table 24: North America Market Volume (MT) and Forecast by Country, 2023 to 2033

Table 25: North America Market Value (US$ Mn) and Forecast by Species, 2018 to 2022

Table 26: North America Market Value (US$ Mn) and Forecast by Species, 2023 to 2033

Table 27: North America Market Volume (MT) and Forecast by Species, 2018 to 2022

Table 28: North America Market Volume (MT) and Forecast by Species, 2023 to 2033

Table 29: North America Market Value (US$ Mn) and Forecast by Source, 2018 to 2022

Table 30: North America Market Value (US$ Mn) and Forecast by Source, 2023 to 2033

Table 31: North America Market Volume (MT) and Forecast by Source, 2018 to 2022

Table 32: North America Market Volume (MT) and Forecast by Source, 2023 to 2033

Table 33: North America Market Value (US$ Mn) and Forecast by Application, 2018 to 2022

Table 34: North America Market Value (US$ Mn) and Forecast by Application, 2023 to 2033

Table 35: North America Market Volume (MT) and Forecast by Application, 2018 to 2022

Table 36: North America Market Volume (MT) and Forecast by Application, 2023 to 2033

Table 37: North America Market Value (US$ Mn) and Forecast by Sales Channel, 2018 to 2022

Table 38: North America Market Value (US$ Mn) and Forecast by Sales Channel, 2023 to 2033

Table 39: North America Market Volume (MT) and Forecast by Sales Channel, 2018 to 2022

Table 40: North America Market Volume (MT) and Forecast by Sales Channel, 2023 to 2033

Table 41: Latin America Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 42: Latin America Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 43: Latin America Market Volume (MT) and Forecast by Country, 2018 to 2022

Table 44: Latin America Market Volume (MT) and Forecast by Country, 2023 to 2033

Table 45: Latin America Market Value (US$ Mn) and Forecast by Species, 2018 to 2022

Table 46: Latin America Market Value (US$ Mn) and Forecast by Species, 2023 to 2033

Table 47: Latin America Market Volume (MT) and Forecast by Species, 2018 to 2022

Table 48: Latin America Market Volume (MT) and Forecast by Species, 2023 to 2033

Table 49: Latin America Market Value (US$ Mn) and Forecast by Source, 2018 to 2022

Table 50: Latin America Market Value (US$ Mn) and Forecast by Source, 2023 to 2033

Table 51: Latin America Market Volume (MT) and Forecast by Source, 2018 to 2022

Table 52: Latin America Market Volume (MT) and Forecast by Source, 2023 to 2033

Table 53: Latin America Market Value (US$ Mn) and Forecast by Application, 2018 to 2022

Table 54: Latin America Market Value (US$ Mn) and Forecast by Application, 2023 to 2033

Table 55: Latin America Market Volume (MT) and Forecast by Application, 2018 to 2022

Table 56: Latin America Market Volume (MT) and Forecast by Application, 2023 to 2033

Table 57: Latin America Market Value (US$ Mn) and Forecast by Sales Channel, 2018 to 2022

Table 58: Latin America Market Value (US$ Mn) and Forecast by Sales Channel, 2023 to 2033

Table 59: Latin America Market Volume (MT) and Forecast by Sales Channel, 2018 to 2022

Table 60: Latin America Market Volume (MT) and Forecast by Sales Channel, 2023 to 2033

Table 61: Europe Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 62: Europe Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 63: Europe Market Volume (MT) and Forecast by Country, 2018 to 2022

Table 64: Europe Market Volume (MT) and Forecast by Country, 2023 to 2033

Table 65: Europe Market Value (US$ Mn) and Forecast by Species, 2018 to 2022

Table 66: Europe Market Value (US$ Mn) and Forecast by Species, 2023 to 2033

Table 67: Europe Market Volume (MT) and Forecast by Species, 2018 to 2022

Table 68: Europe Market Volume (MT) and Forecast by Species, 2023 to 2033

Table 69: Europe Market Value (US$ Mn) and Forecast by Source, 2018 to 2022

Table 70: Europe Market Value (US$ Mn) and Forecast by Source, 2023 to 2033

Table 71: Europe Market Volume (MT) and Forecast by Source, 2018 to 2022

Table 72: Europe Market Volume (MT) and Forecast by Source, 2023 to 2033

Table 73: Europe Market Value (US$ Mn) and Forecast by Application, 2018 to 2022

Table 74: Europe Market Value (US$ Mn) and Forecast by Application, 2023 to 2033

Table 75: Europe Market Volume (MT) and Forecast by Application, 2018 to 2022

Table 76: Europe Market Volume (MT) and Forecast by Application, 2023 to 2033

Table 77: Europe Market Value (US$ Mn) and Forecast by Sales Channel, 2018 to 2022

Table 78: Europe Market Value (US$ Mn) and Forecast by Sales Channel, 2023 to 2033

Table 79: Europe Market Volume (MT) and Forecast by Sales Channel, 2018 to 2022

Table 80: Europe Market Volume (MT) and Forecast by Sales Channel, 2023 to 2033

Table 81: East Asia Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 82: East Asia Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 83: East Asia Market Volume (MT) and Forecast by Country, 2018 to 2022

Table 84: East Asia Market Volume (MT) and Forecast by Country, 2023 to 2033

Table 85: East Asia Market Value (US$ Mn) and Forecast by Species, 2018 to 2022

Table 86: East Asia Market Value (US$ Mn) and Forecast by Species, 2023 to 2033

Table 87: East Asia Market Volume (MT) and Forecast by Species, 2018 to 2022

Table 88: East Asia Market Volume (MT) and Forecast by Species, 2023 to 2033

Table 89: East Asia Market Value (US$ Mn) and Forecast by Source, 2018 to 2022

Table 90: East Asia Market Value (US$ Mn) and Forecast by Source, 2023 to 2033

Table 91: East Asia Market Volume (MT) and Forecast by Source, 2018 to 2022

Table 92: East Asia Market Volume (MT) and Forecast by Source, 2023 to 2033

Table 93: East Asia Market Value (US$ Mn) and Forecast by Application, 2018 to 2022

Table 94: East Asia Market Value (US$ Mn) and Forecast by Application, 2023 to 2033

Table 95: East Asia Market Volume (MT) and Forecast by Application, 2018 to 2022

Table 96: East Asia Market Volume (MT) and Forecast by Application, 2023 to 2033

Table 97: East Asia Market Value (US$ Mn) and Forecast by Sales Channel, 2018 to 2022

Table 98: East Asia Market Value (US$ Mn) and Forecast by Sales Channel, 2023 to 2033

Table 99: East Asia Market Volume (MT) and Forecast by Sales Channel, 2018 to 2022

Table 100: East Asia Market Volume (MT) and Forecast by Sales Channel, 2023 to 2033

Table 101: South Asia Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 102: South Asia Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 103: South Asia Market Volume (MT) and Forecast by Country, 2018 to 2022

Table 104: South Asia Market Volume (MT) and Forecast by Country, 2023 to 2033

Table 105: South Asia Market Value (US$ Mn) and Forecast by Species, 2018 to 2022

Table 106: South Asia Market Value (US$ Mn) and Forecast by Species, 2023 to 2033

Table 107: South Asia Market Volume (MT) and Forecast by Species, 2018 to 2022

Table 108: South Asia Market Volume (MT) and Forecast by Species, 2023 to 2033

Table 109: South Asia Market Value (US$ Mn) and Forecast by Source, 2018 to 2022

Table 110: South Asia Market Value (US$ Mn) and Forecast by Source, 2023 to 2033

Table 111: South Asia Market Volume (MT) and Forecast by Source, 2018 to 2022

Table 112: South Asia Market Volume (MT) and Forecast by Source, 2023 to 2033

Table 113: South Asia Market Value (US$ Mn) and Forecast by Application, 2018 to 2022

Table 114: South Asia Market Value (US$ Mn) and Forecast by Application, 2023 to 2033

Table 115: South Asia Market Volume (MT) and Forecast by Application, 2018 to 2022

Table 116: South Asia Market Volume (MT) and Forecast by Application, 2023 to 2033

Table 117: South Asia Market Value (US$ Mn) and Forecast by Sales Channel, 2018 to 2022

Table 118: South Asia Market Value (US$ Mn) and Forecast by Sales Channel, 2023 to 2033

Table 119: South Asia Market Volume (MT) and Forecast by Sales Channel, 2018 to 2022

Table 120: South Asia Market Volume (MT) and Forecast by Sales Channel, 2023 to 2033

Table 121: Oceania Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 122: Oceania Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 123: Oceania Market Volume (MT) and Forecast by Country, 2018 to 2022

Table 124: Oceania Market Volume (MT) and Forecast by Country, 2023 to 2033

Table 125: Oceania Market Value (US$ Mn) and Forecast by Species, 2018 to 2022

Table 126: Oceania Market Value (US$ Mn) and Forecast by Species, 2023 to 2033

Table 127: Oceania Market Volume (MT) and Forecast by Species, 2018 to 2022

Table 128: Oceania Market Volume (MT) and Forecast by Species, 2023 to 2033

Table 129: Oceania Market Value (US$ Mn) and Forecast by Source, 2018 to 2022

Table 130: Oceania Market Value (US$ Mn) and Forecast by Source, 2023 to 2033

Table 131: Oceania Market Volume (MT) and Forecast by Source, 2018 to 2022

Table 132: Oceania Market Volume (MT) and Forecast by Source, 2023 to 2033

Table 133: Oceania Market Value (US$ Mn) and Forecast by Application, 2018 to 2022

Table 134: Oceania Market Value (US$ Mn) and Forecast by Application, 2023 to 2033

Table 135: Oceania Market Volume (MT) and Forecast by Application, 2018 to 2022

Table 136: Oceania Market Volume (MT) and Forecast by Application, 2023 to 2033

Table 137: Oceania Market Value (US$ Mn) and Forecast by Sales Channel, 2018 to 2022

Table 138: Oceania Market Value (US$ Mn) and Forecast by Sales Channel, 2023 to 2033

Table 139: Oceania Market Volume (MT) and Forecast by Sales Channel, 2018 to 2022

Table 140: Oceania Market Volume (MT) and Forecast by Sales Channel, 2023 to 2033

Table 141: Middle East & Africa Market Value (US$ Mn) and Forecast by Country, 2018 to 2022

Table 142: Middle East & Africa Market Value (US$ Mn) and Forecast by Country, 2023 to 2033

Table 143: Middle East & Africa Market Volume (MT) and Forecast by Country, 2018 to 2022

Table 144: Middle East & Africa Market Volume (MT) and Forecast by Country, 2023 to 2033

Table 145: Middle East & Africa Market Value (US$ Mn) and Forecast by Species, 2018 to 2022

Table 146: Middle East & Africa Market Value (US$ Mn) and Forecast by Species, 2023 to 2033

Table 147: Middle East & Africa Market Volume (MT) and Forecast by Species, 2018 to 2022

Table 148: Middle East & Africa Market Volume (MT) and Forecast by Species, 2023 to 2033

Table 149: Middle East & Africa Market Value (US$ Mn) and Forecast by Source, 2018 to 2022

Table 150: Middle East & Africa Market Value (US$ Mn) and Forecast by Source, 2023 to 2033

Table 151: Middle East & Africa Market Volume (MT) and Forecast by Source, 2018 to 2022

Table 152: Middle East & Africa Market Volume (MT) and Forecast by Source, 2023 to 2033

Table 153: Middle East & Africa Market Value (US$ Mn) and Forecast by Application, 2018 to 2022

Table 154: Middle East & Africa Market Value (US$ Mn) and Forecast by Application, 2023 to 2033

Table 155: Middle East & Africa Market Volume (MT) and Forecast by Application, 2018 to 2022

Table 156: Middle East & Africa Market Volume (MT) and Forecast by Application, 2023 to 2033

Table 157: Middle East & Africa Market Value (US$ Mn) and Forecast by Sales Channel, 2018 to 2022

Table 158: Middle East & Africa Market Value (US$ Mn) and Forecast by Sales Channel, 2023 to 2033

Table 159: Middle East & Africa Market Volume (MT) and Forecast by Sales Channel, 2018 to 2022

Table 160: Middle East & Africa Market Volume (MT) and Forecast by Sales Channel, 2023 to 2033

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List Of Figures

Figure 01: Global Market Value (US$ Mn) and Volume (MT) Forecast, 2023 to 2033

Figure 02: Global Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 03: Global Market Value (US$ Mn) and % Growth by Region, 2023 & 2033

Figure 04: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033

Figure 05: Global Market Value (US$ Mn) and % Growth by Species, 2023 & 2033

Figure 06: Global Market Y-o-Y Growth Rate by Species, 2023 to 2033

Figure 07: Global Market Value (US$ Mn) and % Growth by Source, 2023 & 2033

Figure 08: Global Market Y-o-Y Growth Rate by Source, 2023 to 2033

Figure 09: Global Market Value (US$ Mn) and % Growth by Application, 2023 & 2033

Figure 10: Global Market Y-o-Y Growth Rate by Application, 2023 to 2033

Figure 11: Global Market Value (US$ Mn) and % Growth by Sales Channel, 2023 & 2033

Figure 12: Global Market Y-o-Y Growth Rate by Sales Channel, 2023 to 2033

Figure 13: Global Market Attractiveness Analysis by Region, 2023 to 2033

Figure 14: Global Market Attractiveness Analysis by Species, 2023 to 2033

Figure 15: Global Market Attractiveness Analysis by Source, 2023 to 2033

Figure 16: Global Market Attractiveness Analysis by Application, 2023 to 2033

Figure 17: Global Market Attractiveness Analysis by Sales Channel, 2023 to 2033

Figure 18: North America Market Value (US$ Mn) and Volume (MT) Forecast, 2023 to 2033

Figure 19: North America Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 20: North America Market Value (US$ Mn) and % Growth by Country, 2023 & 2033

Figure 21: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Mn) and % Growth by Species, 2023 & 2033

Figure 23: North America Market Y-o-Y Growth Rate by Species, 2023 to 2033

Figure 24: North America Market Value (US$ Mn) and % Growth by Source, 2023 & 2033

Figure 25: North America Market Y-o-Y Growth Rate by Source, 2023 to 2033

Figure 26: North America Market Value (US$ Mn) and % Growth by Application, 2023 & 2033

Figure 27: North America Market Y-o-Y Growth Rate by Application, 2023 to 2033

Figure 28: North America Market Value (US$ Mn) and % Growth by Sales Channel, 2023 & 2033

Figure 29: North America Market Y-o-Y Growth Rate by Sales Channel, 2023 to 2033

Figure 30: North America Market Attractiveness Analysis by Country, 2023 to 2033

Figure 31: North America Market Attractiveness Analysis by Species, 2023 to 2033

Figure 32: North America Market Attractiveness Analysis by Source, 2023 to 2033

Figure 33: North America Market Attractiveness Analysis by Application, 2023 to 2033

Figure 34: North America Market Attractiveness Analysis by Sales Channel, 2023 to 2033

Figure 35: Latin America Market Value (US$ Mn) and Volume (MT) Forecast, 2023 to 2033

Figure 36: Latin America Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 37: Latin America Market Value (US$ Mn) and % Growth by Country, 2023 & 2033

Figure 38: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 39: Latin America Market Value (US$ Mn) and % Growth by Species, 2023 & 2033

Figure 40: Latin America Market Y-o-Y Growth Rate by Species, 2023 to 2033

Figure 41: Latin America Market Value (US$ Mn) and % Growth by Source, 2023 & 2033

Figure 42: Latin America Market Y-o-Y Growth Rate by Source, 2023 to 2033

Figure 43: Latin America Market Value (US$ Mn) and % Growth by Application, 2023 & 2033

Figure 44: Latin America Market Y-o-Y Growth Rate by Application, 2023 to 2033

Figure 45: Latin America Market Value (US$ Mn) and % Growth by Sales Channel, 2023 & 2033

Figure 46: Latin America Market Y-o-Y Growth Rate by Sales Channel, 2023 to 2033

Figure 47: Latin America Market Attractiveness Analysis by Country, 2023 to 2033

Figure 48: Latin America Market Attractiveness Analysis by Species, 2023 to 2033

Figure 49: Latin America Market Attractiveness Analysis by Source, 2023 to 2033

Figure 50: Latin America Market Attractiveness Analysis by Application, 2023 to 2033

Figure 51: Latin America Market Attractiveness Analysis by Sales Channel, 2023 to 2033

Figure 52: Europe Market Value (US$ Mn) and Volume (MT) Forecast, 2023 to 2033

Figure 53: Europe Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 54: Europe Market Value (US$ Mn) and % Growth by Country, 2023 & 2033

Figure 55: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 56: Europe Market Value (US$ Mn) and % Growth by Species, 2023 & 2033

Figure 57: Europe Market Y-o-Y Growth Rate by Species, 2023 to 2033

Figure 58: Europe Market Value (US$ Mn) and % Growth by Source, 2023 & 2033

Figure 59: Europe Market Y-o-Y Growth Rate by Source, 2023 to 2033

Figure 60: Europe Market Value (US$ Mn) and % Growth by Application, 2023 & 2033

Figure 61: Europe Market Y-o-Y Growth Rate by Application, 2023 to 2033

Figure 62: Europe Market Value (US$ Mn) and % Growth by Sales Channel, 2023 & 2033

Figure 63: Europe Market Y-o-Y Growth Rate by Sales Channel, 2023 to 2033

Figure 64: Europe Market Attractiveness Analysis by Country, 2023 to 2033

Figure 65: Europe Market Attractiveness Analysis by Species, 2023 to 2033

Figure 66: Europe Market Attractiveness Analysis by Source, 2023 to 2033

Figure 67: Europe Market Attractiveness Analysis by Application, 2023 to 2033

Figure 68: Europe Market Attractiveness Analysis by Sales Channel, 2023 to 2033

Figure 69: East Asia Market Value (US$ Mn) and Volume (MT) Forecast, 2023 to 2033

Figure 70: East Asia Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 71: East Asia Market Value (US$ Mn) and % Growth by Country, 2023 & 2033

Figure 72: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 73: East Asia Market Value (US$ Mn) and % Growth by Species, 2023 & 2033

Figure 74: East Asia Market Y-o-Y Growth Rate by Species, 2023 to 2033

Figure 75: East Asia Market Value (US$ Mn) and % Growth by Source, 2023 & 2033

Figure 76: East Asia Market Y-o-Y Growth Rate by Source, 2023 to 2033

Figure 77: East Asia Market Value (US$ Mn) and % Growth by Application, 2023 & 2033

Figure 78: East Asia Market Y-o-Y Growth Rate by Application, 2023 to 2033

Figure 79: East Asia Market Value (US$ Mn) and % Growth by Sales Channel, 2023 & 2033

Figure 80: East Asia Market Y-o-Y Growth Rate by Sales Channel, 2023 to 2033

Figure 81: East Asia Market Attractiveness Analysis by Country, 2023 to 2033

Figure 82: East Asia Market Attractiveness Analysis by Species, 2023 to 2033

Figure 83: East Asia Market Attractiveness Analysis by Source, 2023 to 2033

Figure 84: East Asia Market Attractiveness Analysis by Application, 2023 to 2033

Figure 85: East Asia Market Attractiveness Analysis by Sales Channel, 2023 to 2033

Figure 86: South Asia Market Value (US$ Mn) and Volume (MT) Forecast, 2023 to 2033

Figure 87: South Asia Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 88: South Asia Market Value (US$ Mn) and % Growth by Country, 2023 & 2033

Figure 89: South Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 90: South Asia Market Value (US$ Mn) and % Growth by Species, 2023 & 2033

Figure 91: South Asia Market Y-o-Y Growth Rate by Species, 2023 to 2033

Figure 92: South Asia Market Value (US$ Mn) and % Growth by Source, 2023 & 2033

Figure 93: South Asia Market Y-o-Y Growth Rate by Source, 2023 to 2033

Figure 94: South Asia Market Value (US$ Mn) and % Growth by Application, 2023 & 2033

Figure 95: South Asia Market Y-o-Y Growth Rate by Application, 2023 to 2033

Figure 96: South Asia Market Value (US$ Mn) and % Growth by Sales Channel, 2023 & 2033

Figure 97: South Asia Market Y-o-Y Growth Rate by Sales Channel, 2023 to 2033

Figure 98: South Asia Market Attractiveness Analysis by Country, 2023 to 2033

Figure 99: South Asia Market Attractiveness Analysis by Species, 2023 to 2033

Figure 100: South Asia Market Attractiveness Analysis by Source, 2023 to 2033

Figure 101: South Asia Market Attractiveness Analysis by Application, 2023 to 2033

Figure 102: South Asia Market Attractiveness Analysis by Sales Channel, 2023 to 2033

Figure 103: Oceania Market Value (US$ Mn) and Volume (MT) Forecast, 2023 to 2033

Figure 104: Oceania Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 105: Oceania Market Value (US$ Mn) and % Growth by Country, 2023 & 2033

Figure 106: Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 107: Oceania Market Value (US$ Mn) and % Growth by Species, 2023 & 2033

Figure 108: Oceania Market Y-o-Y Growth Rate by Species, 2023 to 2033

Figure 109: Oceania Market Value (US$ Mn) and % Growth by Source, 2023 & 2033

Figure 110: Oceania Market Y-o-Y Growth Rate by Source, 2023 to 2033

Figure 111: Oceania Market Value (US$ Mn) and % Growth by Application, 2023 & 2033

Figure 112: Oceania Market Y-o-Y Growth Rate by Application, 2023 to 2033

Figure 113: Oceania Market Value (US$ Mn) and % Growth by Sales Channel, 2023 & 2033

Figure 114: Oceania Market Y-o-Y Growth Rate by Sales Channel, 2023 to 2033

Figure 115: Oceania Market Attractiveness Analysis by Country, 2023 to 2033

Figure 116: Oceania Market Attractiveness Analysis by Species, 2023 to 2033

Figure 117: Oceania Market Attractiveness Analysis by Source, 2023 to 2033

Figure 118: Oceania Market Attractiveness Analysis by Application, 2023 to 2033

Figure 119: Oceania Market Attractiveness Analysis by Sales Channel, 2023 to 2033

Figure 120: Middle East & Africa Market Value (US$ Mn) and Volume (MT) Forecast, 2023 to 2033

Figure 121: Middle East & Africa Market Absolute $ Opportunity (US$ Mn), 2023 to 2033

Figure 122: Middle East & Africa Market Value (US$ Mn) and % Growth by Country, 2023 & 2033

Figure 123: Middle East & Africa Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 124: Middle East & Africa Market Value (US$ Mn) and % Growth by Species, 2023 & 2033

Figure 125: Middle East & Africa Market Y-o-Y Growth Rate by Species, 2023 to 2033

Figure 126: Middle East & Africa Market Value (US$ Mn) and % Growth by Source, 2023 & 2033

Figure 127: Middle East & Africa Market Y-o-Y Growth Rate by Source, 2023 to 2033

Figure 128: Middle East & Africa Market Value (US$ Mn) and % Growth by Application, 2023 & 2033

Figure 129: Middle East & Africa Market Y-o-Y Growth Rate by Application, 2023 to 2033

Figure 130: Middle East & Africa Market Value (US$ Mn) and % Growth by Sales Channel, 2023 & 2033

Figure 131: Middle East & Africa Market Y-o-Y Growth Rate by Sales Channel, 2023 to 2033

Figure 132: Middle East & Africa Market Attractiveness Analysis by Country, 2023 to 2033

Figure 133: Middle East & Africa Market Attractiveness Analysis by Species, 2023 to 2033

Figure 134: Middle East & Africa Market Attractiveness Analysis by Source, 2023 to 2033

Figure 135: Middle East & Africa Market Attractiveness Analysis by Application, 2023 to 2033

Figure 136: Middle East & Africa Market Attractiveness Analysis by Sales Channel, 2023 to 2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the frozen shrimp market in 2023?

The global frozen shrimp market accounts for a value of US$ 25.51 billion in 2023.

How much will the frozen shrimp industry be worth by 2033?

Sales of frozen shrimp are predicted to reach of US$ 57.15 billion by 2033-end.

At what CAGR will worldwide demand for frozen shrimp rise?

Over the next ten years, shipments of frozen shrimp are estimated to rise at a healthy 8.4% CAGR.

What is the market size of frozen shrimp in India?

Sales of frozen shrimp in India are estimated at US$ 2.78 billion in 2023.

Which key frozen shrimp suppliers are profiled in this report?

SeaPaK Shrimp Company, SeaFood Inc., Aqua Star Corp., and Aqua Chile are leading frozen shrimp companies.

How will demand for frozen shrimp fare in the United States?

From 2023 to 2033, sales of frozen shrimp in the United States are set to increase at a stellar 9.6% CAGR.

Frozen Shrimp Market

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