Global Marine Shrimp Farming Market Growth 2023-2029

Global Marine Shrimp Farming Market Growth 2023-2029

The global Marine Shrimp Farming market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The market trend for marine shrimp farming is generally positive, with an increasing demand for shrimp in the global seafood market. Technological advancements and improved farming techniques have made shrimp production more efficient and cost-effective, leading to increased production and profitability. However, the industry faces challenges such as disease outbreaks, environmental concerns, and competition from cheaper, imported shrimp. Sustainable and responsible farming practices are becoming increasingly important to meet the demand for shrimp while minimizing environmental impact.

Marine shrimp farming involves the cultivation of shrimp in a controlled aquatic environment for commercial purposes. The process typically takes place in large tanks or ponds, where the shrimp are fed and monitored until they reach maturity. Once fully grown, the shrimp are harvested and sold to markets and restaurants around the world. Marine shrimp farming has become a major industry in many coastal regions due to the high demand for shrimp in the global seafood market.

LPI (LP Information)' newest research report, the “Marine Shrimp Farming Industry Forecast” looks at past sales and reviews total world Marine Shrimp Farming sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine Shrimp Farming sales for 2023 through 2029. With Marine Shrimp Farming sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Shrimp Farming industry.

This Insight Report provides a comprehensive analysis of the global Marine Shrimp Farming landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Shrimp Farming portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine Shrimp Farming market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Shrimp Farming and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Shrimp Farming.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Shrimp Farming market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Whiteleg Shrimp
Giant Tiger Prawn
Akiami Paste Shrimp
Others

Segmentation by application
Household
Restaurant & Hotel

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Minh Phu Seafood Corp
Thai Union
Santa Priscila
Expalsa
Zhanjiang Guolian
Pescanova
Omarsa
Songa
Iberconsa
Conarpesa
Royal Greenland A/S
ProExpo
Quoc Viet
Devi Fisheries
The Liberty Group
Nekkanti Sea Foods

Key Questions Addressed in this Report

What is the 10-year outlook for the global Marine Shrimp Farming market?

What factors are driving Marine Shrimp Farming market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Marine Shrimp Farming market opportunities vary by end market size?

How does Marine Shrimp Farming break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.