Global Shrimps Market size was valued at US$ 37.68 Bn. in 2021 and the total revenue is expected to grow at 9.21 % through 2022 to 2029, reaching nearly US$ 76.26 Bn.
Market Overview
Maximize Market research, a leading global Shrimps Market research firm, which delivers data and analysis at the global, regional and country levels has published an Shrimps Market report. The domain expert has analysed the Shrimps at a regional and global level.
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Market Scope
Competitive analysis of the Shrimps Market which gives insides to new players about sharks present in the Market with their financial health, revenue, technological advancements, mergers and acquisitions, recent developments, Marketing tactics, alliances, and joint ventures.
The Shrimps Market report consists of microanalysis with accurate illustrations, graphs and simple-to-grasp language which helps users to understand the key points and overall aspects of the industry, this report is carved using history, consumer habits, & Market volatility.
The Shrimps Market report consists of the analysis of restraints, opportunities, challenges, and risks with the help of SWOT analysis and Porter’s Five Forces analysis, which are standard & prominent full-proof methods to provide analysis of the Market.
Segmentation
The global prawn market is divided into Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, and Other Species, based on species. In 2021, the Penaeus Vannamei market category had the highest share of%. Penaeus vannamei, also called white leg shrimp, is one of the most significant shrimp species grown in Indonesia. Due to a larger market, P. vannamei cultivation practices—which are extensive and exacting—have grown dramatically in recent years.
The global prawn market is divided into two submarkets: indirect (business to business) and direct (business to consumer). During the forecast year, it is anticipated that indirect sales of prawns would be the most alluring mode of distribution. By the end of 2021, the indirect sales category is anticipated to represent a reasonably high value share of 5.1% and is projected to experience a CAGR of 4.8% in terms of value. Over the course of the projection period, high prawn consumption is anticipated to fuel the linked segment’s revenue growth.
Key Players
• Mazzetta Company, LLC
• Apex Frozen Foods Ltd.
• Seaprimexco Vietnam
• Liveris Afentoulis & Co.
• Grand Ocean Seafoods Co., Ltd
• Charoen Pokphand Foods PCL
• Grupo Iberica Congelados, S.A
• Ocean More Foods Co., Limited
• SSF Limited
• BMR Groups
• Falcone Marine Exports
• Cooke Aquaculture Inc.
• Rich Products Crop,
• Thai Union Group PCL.
• Maruha Nichiro Corp
• Aqua star corp.
• Avanti feeds ltd
• Clearwater seafood’s Inc.
• Nordic seafood’s a/s
• Surapon foods
Regional Analysis
The report assists in planning and implementing new strategies which are suitable and appropriately applicable according to specific countries and regions in the Market.
The detailed regional analysis provided in the report aids stakeholders, new entrants, investors, entrepreneurs, researchers, Market followers and players in an easy illustration of various elements of the Market, presenting a future outlook with expected risks and trends in the Market.
A competitive regional analysis of the Shrimps Market was conducted listing competitors in the Market along with new entrants. A comprehensive analysis is effective to gain a comprehensive understanding of the Market structure and growth strategies of various players.
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Key Questions answered in the Shrimps Market Report are:
- What is Market?
- What is the forecast period of the Market?
- What is the competitive scenario of the Market?
- Which region held the largest Market share in the Market?
- What are the opportunities for the Market?
- What factors are affecting the Shrimps Market growth?
- Who are the key players of the Market?
- Which company held the largest share in the Shrimps Market?
- What will be the CAGR of the Market during the forecast period?
- What key trends are likely to emerge in the Market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Shrimps
- Landscape- Leading key players and other prominent key players.
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