Shrimp Market to Grow in Coming Years, Driven by Rising Incomes and Growing Health Consciousness

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 […]

Riding the Tide: Navigating the Shrimp Market’s Current Trends and Future Opportunities

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 […]

Driving Innovation: Shrimp Market Expands with Value-Added Product Offerings

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, […]