Market Overview:
The global shelled shrimp market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for shelled shrimp from household, restaurant and hotel, and other applications across the globe. In terms of type, raw type held the largest share in 2017 and is projected to grow at a CAGR of 5.8% during the forecast period. This can be attributed to its easy availability and low price as compared to processed types.
Product Definition:
By Process:
By process is a method of cooking or processing shell-on shrimp, which is used to obtain the meat. The method can be segmented into two types: dry and wet. In the case of wet process, shrimps are first deveined before being cooked in hot water; whereas in case of dry process, shrimps are first cooked in hot water without removing their shells.
Raw Type:
Raw type is the first step in shrimp processing. It is used to clean and separate male and female shrimp. The process of sorting takes place before cooking or freezing. Raw type can be differentiated from cooked/frozen types by observing their carapace color, which should be a light pinkish-red throughout (cooking types have black spots).
Application Insights:
The restaurant and hotel application segment led the global shelled shrimp market in 2017. This was attributed to rising demand for seafood from various restaurants and hotels across the world. The household application segment is expected to witness growth at a significant rate over the forecast period owing to increasing consumption of shellfish by individuals as well as families. Shelled shrimps are easy to cook, they can be prepared in different ways including boiling, frying or baking them with other ingredients such as vegetables and spices that enhance their taste further driving its demand among households. Moreover, growing preference for exotic food items among consumers around the globe is propelling its demand among restaurants and hotels which in turn is expected drive industry expansion over the coming years positively impacting industry growth during this period.
Regional Analysis:
North America dominated the global shelled shrimp market in 2017. The growth is attributed to the increasing consumption of seafood, especially raw type, in countries such as U.S., Canada, and Mexico. Moreover, rising demand for seafood products owing to their high protein content will drive the regional market further.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing awareness regarding health benefits of shell-shelled shrimps among consumers from China and India particularly urban population groupings are driving industry expansion at a rapid pace since 2012 with Japan being one of its key markets along with China.
Growth Factors:
- Increasing demand from Asia Pacific region due to rising disposable income and changing food habits.
- Growing popularity of shelled shrimp as a healthy and nutritious food item.
- Rising awareness about the health benefits of consuming seafood products among consumers worldwide.
- Technological advancements in the fishing and aquaculture industries that have led to an increase in production of shelled shrimp globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shelled Shrimp Market Research Report
By Type
By Process, Raw Type, By species, Whiteleg Shrimp, Giant Tiger Prawn, Akiami Paste Shrimp, Other
By Application
Household, Restaurant and Hotel, Others
By Companies
Minh Phu Seafood Corp, Thai Union, Expalsa, Zhanjiang Guolian, Pescanova, Songa, Iberconsa, Conarpesa, Royal Greenland A/S, ProExpo, Quoc Viet, Devi Fisheries, Nekkanti Sea Foods
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Shelled Shrimp Market Report Segments:
The global Shelled Shrimp market is segmented on the basis of:
Types
By Process, Raw Type, By species, Whiteleg Shrimp, Giant Tiger Prawn, Akiami Paste Shrimp, Other
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
Household, Restaurant and Hotel, 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:
- Minh Phu Seafood Corp
- Thai Union
- Expalsa
- Zhanjiang Guolian
- Pescanova
- Songa
- Iberconsa
- Conarpesa
- Royal Greenland A/S
- ProExpo
- Quoc Viet
- Devi Fisheries
- Nekkanti Sea Foods
Highlights of The Shelled Shrimp 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:
- By Process
- Raw Type
- By species
- Whiteleg Shrimp
- Giant Tiger Prawn
- Akiami Paste Shrimp
- Other
- By Application:
- Household
- Restaurant and Hotel
- 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 Shelled Shrimp 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?
Shelled shrimp is a type of seafood that is typically peeled and deveined. It is usually served with cocktail sauce or tartar sauce.
Some of the major players in the shelled shrimp market are Minh Phu Seafood Corp, Thai Union, Expalsa, Zhanjiang Guolian, Pescanova, Songa, Iberconsa, Conarpesa, Royal Greenland A/S, ProExpo, Quoc Viet, Devi Fisheries, Nekkanti Sea Foods.
The shelled shrimp 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. Shelled Shrimp 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. Shelled Shrimp Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shelled Shrimp Market - Supply Chain
4.5. Global Shelled Shrimp Market Forecast
4.5.1. Shelled Shrimp Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shelled Shrimp Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shelled Shrimp Market Absolute $ Opportunity
5. Global Shelled Shrimp 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. Shelled Shrimp Market Size and Volume Forecast by Type
5.3.1. By Process
5.3.2. Raw Type
5.3.3. By species
5.3.4. Whiteleg Shrimp
5.3.5. Giant Tiger Prawn
5.3.6. Akiami Paste Shrimp
5.3.7. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shelled Shrimp 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. Shelled Shrimp Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Restaurant and Hotel
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shelled Shrimp 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. Shelled Shrimp 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 Shelled Shrimp 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. Shelled Shrimp 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 Shelled Shrimp Demand Share Forecast, 2019-2026
9. North America Shelled Shrimp 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 Shelled Shrimp 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 Shelled Shrimp Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Restaurant and Hotel
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shelled Shrimp Market Size and Volume Forecast by Type
9.7.1. By Process
9.7.2. Raw Type
9.7.3. By species
9.7.4. Whiteleg Shrimp
9.7.5. Giant Tiger Prawn
9.7.6. Akiami Paste Shrimp
9.7.7. Other
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 Shelled Shrimp Demand Share Forecast, 2019-2026
10. Latin America Shelled Shrimp 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 Shelled Shrimp 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 Shelled Shrimp Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Restaurant and Hotel
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shelled Shrimp Market Size and Volume Forecast by Type
10.7.1. By Process
10.7.2. Raw Type
10.7.3. By species
10.7.4. Whiteleg Shrimp
10.7.5. Giant Tiger Prawn
10.7.6. Akiami Paste Shrimp
10.7.7. Other
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 Shelled Shrimp Demand Share Forecast, 2019-2026
11. Europe Shelled Shrimp 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 Shelled Shrimp 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 Shelled Shrimp Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Restaurant and Hotel
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shelled Shrimp Market Size and Volume Forecast by Type
11.7.1. By Process
11.7.2. Raw Type
11.7.3. By species
11.7.4. Whiteleg Shrimp
11.7.5. Giant Tiger Prawn
11.7.6. Akiami Paste Shrimp
11.7.7. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
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 Shelled Shrimp Demand Share, 2019-2026
12. Asia Pacific Shelled Shrimp 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 Shelled Shrimp 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 Shelled Shrimp Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Restaurant and Hotel
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shelled Shrimp Market Size and Volume Forecast by Type
12.7.1. By Process
12.7.2. Raw Type
12.7.3. By species
12.7.4. Whiteleg Shrimp
12.7.5. Giant Tiger Prawn
12.7.6. Akiami Paste Shrimp
12.7.7. Other
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 Shelled Shrimp Demand Share, 2019-2026
13. Middle East & Africa Shelled Shrimp 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 Shelled Shrimp 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 Shelled Shrimp Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Restaurant and Hotel
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shelled Shrimp Market Size and Volume Forecast by Type
13.7.1. By Process
13.7.2. Raw Type
13.7.3. By species
13.7.4. Whiteleg Shrimp
13.7.5. Giant Tiger Prawn
13.7.6. Akiami Paste Shrimp
13.7.7. Other
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 Shelled Shrimp Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shelled Shrimp Market: Market Share Analysis
14.2. Shelled Shrimp Distributors and Customers
14.3. Shelled Shrimp Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Minh Phu Seafood Corp
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Thai Union
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Expalsa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhanjiang Guolian
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pescanova
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Songa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Iberconsa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Conarpesa
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Royal Greenland A/S
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ProExpo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Quoc Viet
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Devi Fisheries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nekkanti Sea Foods
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
