(Entertainment-NewsWire.com, July 09, 2019 ) Aquaculture is the fastest growing form of food production in the world. •Shrimp dominate aquaculture production by value, consequently shrimp aquaculture is one of the fastest-growing forms of aquaculture. Shrimp is one of the most common seafood and preferred by people. Presently, China, Indonesia, Thailand, and Vietnam are the key suppliers of various shrimp. The four regions can meet nearly 80% demand of shrimp globally. In global farmed shrimp export market, the top five exporters are India, Vietnam, Ecuador, Indonesia and Thailand. India’s top export markets included the US, Vietnam, the EU and Japan. For the second leading exporter, Vietnam, all volumes mainly go into China, the US, the EU, the Republic of Korea and Australia. India achieves fast growth in the recent three years.
According to this study, over the next five years the Shrimp market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 59400 million by 2024, from US$ 50400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Shrimp business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Shrimp market by product type, application, key manufacturers and key regions and countries.
This study considers the Shrimp value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7. Whiteleg Shrimp Giant Tiger Prawn Akiami Paste Shrimp Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8. Household Restaurant & Hotel
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8. Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3. Minh Phu Seafood Corp Thai Union Expalsa Zhanjiang Guolian Pescanova Omarsa Songa Iberconsa Conarpesa Royal Greenland A/S ProExpo Quoc Viet Devi Fisheries The Liberty Group Nekkanti Sea Foods
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives To study and analyze the global Shrimp consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024. To understand the structure of Shrimp market by identifying its various subsegments. Focuses on the key global Shrimp manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Shrimp with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Shrimp submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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