Market Overview:
The global edible prawns market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for seafood, increasing disposable income, and growing awareness about the health benefits of consuming seafood. In terms of type, the seawater shrimp segment is expected to lead the global edible prawns market during the forecast period. This can be attributed to its high nutritional value and taste. In terms of application, supermarkets are expected to lead the global edible prawns market during the forecast period owing to their wide presence across regions and growing demand for healthy food options among consumers.
Product Definition:
Edible prawns are a type of shrimp that is safe to eat. They are typically larger than other types of shrimp and have a milder flavor. Edible prawns can be prepared in a variety of ways, including steaming, boiling, or frying.
Seawater Shrimp:
Seawater shrimp, also known as white shrimp or sea shrimp is a species of saltwater crustacean. It is the most important farmed crustacean in the world and its production has been rapidly increasing since it was first introduced into farms in China over 40 years ago. The annual global production of these animals now stands at around 3 million tons and their rapid growth rate has led to an increase in their popularity among consumers all over the world.
Freshwater Shrimp:
Freshwater shrimp is a species of crustacean, which is generally found in fresh water. The freshwater shrimp can be distinguished from its saltwater relative by the fact that this species possesses two pairs of antennae. Freshwater shrimps are usually between 1/4 to 3/8 inches long and have a tail about the same length as their bodies.
Application Insights:
The market is categorized based on application into supermarket, restaurant, household and others. The household segment held the largest share of more than 50% in 2017. This can be attributed to growing awareness about health & hygiene among consumers coupled with increasing disposable income due to growth in economies such as India & China. Moreover, rising purchasing power along with high living standards have increased the number of households that cook seafood delicacies leading to an increase in demand for prawns across the globe.
Household applications led by Japan followed by U.S.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of more than 35%. The region is expected to continue its dominance over the forecast period. This growth can be attributed to increasing seafood consumption as a part of the diet. Moreover, rising income levels among people are leading to increased spending on luxury food products, which will further boost industry expansion.
The product demand in Europe is expected to witness significant growth over the forecast period owing to growing awareness regarding sustainability and quality standards amongst consumers.
Growth Factors:
- Increasing demand for seafood in the global market
- Rising disposable income of consumers in developing countries
- Proliferation of supermarkets and modern retail formats
- Technological advancements in aquaculture practices
- Growing awareness about the health benefits of consuming seafood
Scope Of The Report
Report Attributes
Report Details
Report Title
Edible Prawns Market Research Report
By Type
Seawater Shrimp, Freshwater Shrimp,
By Application
Supermarket, Restaurant, Household, Others,
By Companies
ZONECO, Guo Lian, Zhoushan Fisheries, China National Fisheries, Oriental Ocean, Nippon Suisan Kaisha, Maruha Nichiro, Kibun, Marudai Food, Aeon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Edible Prawns Market Report Segments:
The global Edible Prawns market is segmented on the basis of:
Types
Seawater Shrimp, Freshwater Shrimp,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Restaurant, Household, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ZONECO
- Guo Lian
- Zhoushan Fisheries
- China National Fisheries
- Oriental Ocean
- Nippon Suisan Kaisha
- Maruha Nichiro
- Kibun
- Marudai Food
- Aeon
Highlights of The Edible Prawns Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Seawater Shrimp
- Freshwater Shrimp
- By Application:
- Supermarket
- Restaurant
- Household
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Edible Prawns Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Edible prawns are a type of seafood that is typically eaten as an appetizer or main course. They are usually fresh and have a mild, sweet flavor.
Some of the major companies in the edible prawns market are ZONECO, Guo Lian, Zhoushan Fisheries, China National Fisheries, Oriental Ocean, Nippon Suisan Kaisha, Maruha Nichiro, Kibun, Marudai Food, Aeon.
The edible prawns market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Edible Prawns Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Edible Prawns Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Edible Prawns Market - Supply Chain
4.5. Global Edible Prawns Market Forecast
4.5.1. Edible Prawns Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Edible Prawns Market Size (000 Units) and Y-o-Y Growth
4.5.3. Edible Prawns Market Absolute $ Opportunity
5. Global Edible Prawns Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Edible Prawns Market Size and Volume Forecast by Type
5.3.1. Seawater Shrimp
5.3.2. Freshwater Shrimp
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Edible Prawns Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Edible Prawns Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Restaurant
6.3.3. Household
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Edible Prawns Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Edible Prawns Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Edible Prawns Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Edible Prawns Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Edible Prawns Demand Share Forecast, 2019-2026
9. North America Edible Prawns Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Edible Prawns Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Edible Prawns Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Restaurant
9.4.3. Household
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Edible Prawns Market Size and Volume Forecast by Type
9.7.1. Seawater Shrimp
9.7.2. Freshwater Shrimp
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Edible Prawns Demand Share Forecast, 2019-2026
10. Latin America Edible Prawns Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Edible Prawns Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Edible Prawns Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Restaurant
10.4.3. Household
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Edible Prawns Market Size and Volume Forecast by Type
10.7.1. Seawater Shrimp
10.7.2. Freshwater Shrimp
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Edible Prawns Demand Share Forecast, 2019-2026
11. Europe Edible Prawns Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Edible Prawns Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Edible Prawns Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Restaurant
11.4.3. Household
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Edible Prawns Market Size and Volume Forecast by Type
11.7.1. Seawater Shrimp
11.7.2. Freshwater Shrimp
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Aalysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Edible Prawns Demand Share, 2019-2026
12. Asia Pacific Edible Prawns Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Edible Prawns Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Edible Prawns Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Restaurant
12.4.3. Household
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Edible Prawns Market Size and Volume Forecast by Type
12.7.1. Seawater Shrimp
12.7.2. Freshwater Shrimp
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Edible Prawns Demand Share, 2019-2026
13. Middle East & Africa Edible Prawns Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Edible Prawns Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Edible Prawns Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Restaurant
13.4.3. Household
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Edible Prawns Market Size and Volume Forecast by Type
13.7.1. Seawater Shrimp
13.7.2. Freshwater Shrimp
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Edible Prawns Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Edible Prawns Market: Market Share Analysis
14.2. Edible Prawns Distributors and Customers
14.3. Edible Prawns Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ZONECO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Guo Lian
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zhoushan Fisheries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. China National Fisheries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Oriental Ocean
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nippon Suisan Kaisha
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Maruha Nichiro
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kibun
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Marudai Food
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Aeon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
