Shrimp Market will register a CAGR of 3% during 2020-2024. The market’s growth momentum will Accelerate.
Health benefits of shrimp will be one of the major factors driving the growth of this market. Additionally, key Shrimp Market trends such as the Initiatives to increase shrimp production will also influence market growth during the forecast period.
Shrimp Market Size
During the forecast period, the Shrimp Market size will grow by $ 4.89 bn.
Shrimp Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Shrimp Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Adverse climatic conditions and contamination | Growing popularity of plant-based shrimp | Stringent regulations and trade restrictions will also challenge the growth of the companies.
Caribbean Shrimp Co. Ltd | Charoen Pokphand Foods Plc | Cooke Aquaculture Inc. | Grand Ocean Seafoods Co. Ltd | Liveris Afentoulis & Co. | Maruha Nichiro Corp. | Mazzetta Co. LLC | Ocean More Foods Co. Ltd | Rich Products Corp. | Thai Union Group PCL.list
are some of the companies covered in Technavio’s Shrimp Market report for 2020-2024.
Shrimp Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Shrimp Market.
The North America will account for the largest Shrimp Market share and during 2020-2024, the region will contribute to 32% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Shrimp Market report also analyzes the market by frozen shrimp | canned shrimp | others | Europe | North America | APAC | South America | MEA
Market Analysis Insights 