Shrimp, also known as prawns, are decapod crustaceans that live in both marine and freshwater environments. They are a popular seafood item due to their high protein content, low fat content, and versatility in cooking. The shrimp market is estimated to be worth 59.49 in 2030 and is projected to grow at a CAGR of […]
The shrimp market is expected to grow at a compound annual growth rate (CAGR) of 8.2% from 2020 to 2030, reaching a value of USD 27.3 billion by 2030. This growth is being driven by a number of factors, including rising incomes, growing urbanization, and increasing health consciousness among consumers. Shrimp is a popular seafood […]
The Shrimp Market is a thriving industry characterized by robust demand, driven by its widespread culinary popularity and nutritional value. Shrimp, a versatile seafood option, is cultivated through both aquaculture and wild capture, contributing to a diverse and dynamic market landscape that responds to changing consumer preferences, sustainability concerns, and market dynamics. Key Highlights: Growing […]
The shrimp market refers to the industry involved in the production, processing, and distribution of shrimp, a popular seafood delicacy. Shrimp is a versatile and widely consumed seafood that offers a rich source of protein, vitamins, and minerals. The market for shrimp has been experiencing significant growth due to factors such as increasing consumer demand for seafood, […]