Market Overview:
The global white 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 white shrimp in the household, restaurant & hotel applications across different regions. Asia Pacific is expected to be the fastest growing region during the forecast period, followed by North America and Europe. The growth in these regions can be attributed to rising disposable income and changing food preferences of consumers.
Product Definition:
A small, slender, marine crustacean classified as a shrimp. They are found in all the world's oceans and are an important food source for humans and other animals.
Atlantic White Shrimp:
Atlantic white shrimp, also known as leaffish or leaf shrimp is a small crustacean found in the coastal regions of Europe and North America. Atlantic White Shrimp grow to be about 1/4 inch long and have large antennae which they use for navigation. They are an important part of the ecosystem as they help in removing pollutants from water by eating algae that live on land-based pollutants such as pesticides, herbicides, etc.
Asia Pacific White Shrimp:
Asia Pacific White Shrimp, also known as “Shrimps” or “Liteira” is a species of shrimp found in the coastal waters of countries such as China, Indonesia, Thailand and Vietnam. The Asia Pacific white shrimp has been under protection by FAO since 2006 due to its declining population levels.
Application Insights:
The household application segment led the global white shrimp market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing urbanization, which has resulted in an increased demand for protein sources, such as seafood. Moreover, rising disposable income levels among households across developing countries including China and India will boost the product demand in this segment over the forecast period.
Restaurant & hotel applications accounted for a significant share of 33.3% in 2017 owing to growing awareness about healthy food habits among consumers around the globe. Increasing number of five-star hotels and restaurants across Latin America and Europe has boosted product sales due largely to its popularity as an appetizer or main course ingredient along with other proteins such as chicken or beef on account of its flavor versatility and nutritional profile that makes it a suitable option for guests above 14 years old who have dietary restrictions regarding gluten intake or are allergic to it.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness growth over the forecast period owing to increasing demand for frozen shrimp and seafood in general. Furthermore, rising awareness regarding healthy eating habits among consumers is likely to have a positive impact on industry growth over the coming years.
Asia Pacific accounted for more than 30% of total revenue share in 2017 owing to high production volume of white shrimp as compared to other colors across countries such as Vietnam, Thailand, and China.
Growth Factors:
- Increasing demand from the food industry for white shrimp as a delicacy or ingredient in dishes.
- Rising disposable income of consumers in developing countries, who are increasingly able to afford luxury seafood items like white shrimp.
- Proliferation of supermarkets and other retail outlets that sell fresh seafood, making it more convenient for consumers to purchase white shrimp.
- Improvements in cold chain infrastructure and transportation systems that make it easier to move fresh seafood products around the world, including white shrimp.
- Growing awareness among consumers about the health benefits of eating seafood, including white shrimp
Scope Of The Report
Report Attributes
Report Details
Report Title
White Shrimp Market Research Report
By Type
Atlantic White Shrimp, Asia Pacific White Shrimp, South America White Shrimp
By Application
Household, Restaurant & Hotel
By Companies
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
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global White Shrimp Market Report Segments:
The global White Shrimp market is segmented on the basis of:
Types
Atlantic White Shrimp, Asia Pacific White Shrimp, South America White 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
Household, Restaurant & Hotel
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
- Omarsa
- Songa
- Iberconsa
- Conarpesa
- Royal Greenland A/S
- ProExpo
- Quoc Viet
- Devi Fisheries
- The Liberty Group
- Nekkanti Sea Foods
Highlights of The White 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:
- Atlantic White Shrimp
- Asia Pacific White Shrimp
- South America White Shrimp
- By Application:
- Household
- Restaurant & Hotel
- 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 White 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?
White shrimp are a type of shrimp that is typically white in color. They are often used in seafood dishes because they have a mild flavor and can be cooked quickly.
Some of the major players in the white shrimp market are 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.
The white 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. White 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. White Shrimp Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. White Shrimp Market - Supply Chain
4.5. Global White Shrimp Market Forecast
4.5.1. White Shrimp Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. White Shrimp Market Size (000 Units) and Y-o-Y Growth
4.5.3. White Shrimp Market Absolute $ Opportunity
5. Global White 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. White Shrimp Market Size and Volume Forecast by Type
5.3.1. Atlantic White Shrimp
5.3.2. Asia Pacific White Shrimp
5.3.3. South America White Shrimp
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global White 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. White Shrimp Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Restaurant & Hotel
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global White 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. White 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 White 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. White 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 White Shrimp Demand Share Forecast, 2019-2026
9. North America White 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 White 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 White Shrimp Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Restaurant & Hotel
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America White Shrimp Market Size and Volume Forecast by Type
9.7.1. Atlantic White Shrimp
9.7.2. Asia Pacific White Shrimp
9.7.3. South America White 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 White Shrimp Demand Share Forecast, 2019-2026
10. Latin America White 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 White 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 White Shrimp Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Restaurant & Hotel
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America White Shrimp Market Size and Volume Forecast by Type
10.7.1. Atlantic White Shrimp
10.7.2. Asia Pacific White Shrimp
10.7.3. South America White 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 White Shrimp Demand Share Forecast, 2019-2026
11. Europe White 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 White 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 White Shrimp Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Restaurant & Hotel
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe White Shrimp Market Size and Volume Forecast by Type
11.7.1. Atlantic White Shrimp
11.7.2. Asia Pacific White Shrimp
11.7.3. South America White Shrimp
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potntial 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 White Shrimp Demand Share, 2019-2026
12. Asia Pacific White 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 White 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 White Shrimp Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Restaurant & Hotel
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific White Shrimp Market Size and Volume Forecast by Type
12.7.1. Atlantic White Shrimp
12.7.2. Asia Pacific White Shrimp
12.7.3. South America White 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 White Shrimp Demand Share, 2019-2026
13. Middle East & Africa White 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 White 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 White Shrimp Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Restaurant & Hotel
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa White Shrimp Market Size and Volume Forecast by Type
13.7.1. Atlantic White Shrimp
13.7.2. Asia Pacific White Shrimp
13.7.3. South America White 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 White Shrimp Demand Share, 2019-2026
14. Competition Landscape
14.1. Global White Shrimp Market: Market Share Analysis
14.2. White Shrimp Distributors and Customers
14.3. White 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. Omarsa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Songa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Iberconsa
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Conarpesa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Royal Greenland A/S
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ProExpo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Quoc Viet
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Devi Fisheries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. The Liberty Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nekkanti Sea Foods
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
