Shelled Shrimp Market

The Shelled Shrimp Market is expected to grow from USD 2.10 Billion in 2022 to USD 4.70 Billion by 2030, at a CAGR of 10.50% during the forecast period.

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Shelled Shrimp Market Size

Shelled shrimp refers to the edible decapod crustacean that has been removed of its outer shell, and this industry has been segmented by type, such as by process, cooked type, raw type, and by species, such as Whiteleg Shrimp, Giant Tiger Prawn, Akiami Paste Shrimp, and others. Furthermore, it has also been segmented by application, which includes household, restaurant and hotel, and others across various regions like North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The market players in this industry include Minh Phu Seafood Corp, Thai Union, Expalsa, Zhanjiang Guolian, Pescanova, Songa, Iberconsa, Conarpesa, Royal Greenland A/S, ProExpo, Quoc Viet, Devi Fisheries, and Nekkanti Sea Foods. There are several regulatory and legal factors specific to market conditions, such as requirements for environmental sustainability, controlled fishing quotas, import and export regulations, and safety standards. These factors influence supply chain management and product quality control, which in turn affect the decision-making processes of market players and ultimately impact the overall market growth.

Shelled Shrimp Market Key Players
 
  • Minh Phu Seafood Corp
  • Thai Union
  • Expalsa
  • Zhanjiang Guolian
  • Pescanova

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Shelled Shrimp Market Segment Analysis

The shelled shrimp market has witnessed several trends in recent times, including the adoption of sustainable practices to promote long-term shrimp production, the use of technology to enhance shrimp processing and packaging, and the expansion of online marketplaces for seafood products. These trends have enabled businesses in the market to deliver high-quality shrimp products reliably and efficiently while improving the overall customer experience.

The report's main findings highlight the increasing demand for sustainable and high-quality shrimp products, the use of technology to enhance operations and customer experience, and the importance of innovation and sustainability in addressing market challenges. To capitalize on these opportunities, businesses in the shelled shrimp market need to adopt sustainable practices, embrace innovative technologies, and focus on delivering high-quality and flavorful shrimp products. Additionally, businesses must prioritize customer experience and build strong relationships with buyers and suppliers to ensure long-term growth and success in the market.

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KEY PRODUCT APPLICATION COVERED

  • Household
  • Restaurant and Hotel
  • Others

KEY PRODUCT TYPES COVERED

  • By Process
  • Cooked Type
  • Raw Type
  • By species
  • Whiteleg Shrimp
  • Giant Tiger Prawn
  • Akiami Paste Shrimp
  • Other

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