Abstract
This comprehensive report provides an in-depth analysis of the global farmed shrimp market, projecting significant growth from 2025 through 2032. It examines key drivers such as increasing consumer demand and the rising popularity of sustainable, efficient aquaculture practices. The study offers detailed segmentation by species, application, and geography, while evaluating competitive landscapes, strategic company movements, and emerging regional opportunities. This research serves as a vital guide for understanding market dynamics, technological trends, and the long-term trajectory of the industry.
Related Questions
US$ 50290 million in 2025
4.1% (2026 to 2032)
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
growing demand for shrimp products, efficiency and sustainability of shrimp farming, demand for high-quality and performance-oriented farmed shrimp
Summary
Market Overview
The global Farmed Shrimp market size is predicted to grow from US$ 50290 million in 2025 to US$ 66490 million in 2032; it is expected to grow at a CAGR of 4.1% from 2026 to 2032.
Definition: Farmed shrimp refers to shrimp species raised in controlled aquatic environments, known as shrimp farms or aquaculture farms, for commercial purposes.
Market Dynamics
Growth Drivers & Trends
- Increasing Demand: The market is driven by the growing demand for shrimp products.
- Efficiency and Sustainability: The increasing popularity of shrimp farming due to its efficiency and sustainability is a key driver.
- Operational Advantages: Farmed shrimp provide advantages such as controlled growth conditions, disease prevention, and year-round availability, making them a reliable and consistent source of shrimp products for consumers worldwide.
- Sustainable Practices: Market growth is influenced by the continuous need for efficient and sustainable shrimp farming practices.
- Quality Requirements: The demand for high-quality and performance-oriented farmed shrimp contributes to the growth of this market.
Report Scope & Methodology
This research report, titled “Farmed Shrimp Industry Forecast” by LP Information, Inc. (LPI), reviews total world Farmed Shrimp sales in 2025 and provides a comprehensive analysis of projected sales from 2026 through 2032. The report offers a detailed analysis in US$ millions, broken down by region, market sector, and sub-sector.
Analytical Focus
This Insight Report provides a comprehensive analysis of the global Farmed Shrimp landscape, highlighting key trends related to:
- Product segmentation
- Company formation
- Revenue and market share
- Latest developments
- M&A activity
Furthermore, the report analyzes the strategies of leading global companies, focusing on their Farmed Shrimp portfolios and capabilities, market entry strategies, market positions, and geographic footprints to understand their unique positions in an accelerating global market.
Methodology
The study evaluates key market trends, drivers, and affecting factors shaping the global outlook. It breaks down the forecast by Type, Application, geography, and market size to highlight emerging pockets of opportunity. The report utilizes a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs to offer a nuanced view of the current state and future trajectory of the global Farmed Shrimp industry.
Market Segmentation
By Type
- Whiteleg Shrimp
- Giant Tiger Prawn
- Akiami Paste Shrimp
- Others
By Application
- Household
- Restaurant & Hotel
By Geography
- 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
Competitive Landscape
The following companies have been profiled based on primary expert input and analysis of their market coverage, product portfolio, and 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
- What is the 10-year outlook for the global Farmed Shrimp market?
- What factors are driving Farmed Shrimp market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do Farmed Shrimp market opportunities vary by end market size?
- How does Farmed Shrimp break out by Type and by Application?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Farmed Shrimp Annual Sales 2021-2032
2.1.2 World Current & Future Analysis for Farmed Shrimp by Geographic Region, 2021, 2025 & 2032
2.1.3 World Current & Future Analysis for Farmed Shrimp by Country/Region, 2021, 2025 & 2032
2.2 Farmed Shrimp Segment by Type
2.2.1 Whiteleg Shrimp
2.2.2 Giant Tiger Prawn
2.2.3 Akiami Paste Shrimp
2.2.4 Others
2.2.5 Farmed Shrimp Sales by Type
- 2.2.5.1 Global Farmed Shrimp Sales Market Share by Type (2021-2026)
- 2.2.5.2 Global Farmed Shrimp Revenue and Market Share by Type (2021-2026)
- 2.2.5.3 Global Farmed Shrimp Sale Price by Type (2021-2026)
2.3 Farmed Shrimp Segment by Application
2.3.1 Household
2.3.2 Restaurant & Hotel
2.3.3 Farmed Shrimp Sales by Application
- 2.3.3.1 Global Farmed Shrimp Sale Market Share by Application (2021-2026)
- 2.3.3.2 Global Farmed Shrimp Revenue and Market Share by Application (2021-2026)
- 2.3.3.3 Global Farmed Shrimp Sale Price by Application (2021-2026)
3 Global by Company
3.1 Global Farmed Shrimp Breakdown Data by Company
3.1.1 Global Farmed Shrimp Annual Sales by Company (2021-2026)
3.1.2 Global Farmed Shrimp Sales Market Share by Company (2021-2026)
3.2 Global Farmed Shrimp Annual Revenue by Company (2021-2026)
3.2.1 Global Farmed Shrimp Revenue by Company (2021-2026)
3.2.2 Global Farmed Shrimp Revenue Market Share by Company (2021-2026)
3.3 Global Farmed Shrimp Sale Price by Company
3.4 Key Manufacturers Farmed Shrimp Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Farmed Shrimp Product Location Distribution
3.4.2 Players Farmed Shrimp Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Farmed Shrimp by Geographic Region
4.1 World Historic Farmed Shrimp Market Size by Geographic Region (2021-2026)
4.1.1 Global Farmed Shrimp Annual Sales by Geographic Region (2021-2026)
4.1.2 Global Farmed Shrimp Annual Revenue by Geographic Region (2021-2026)
4.2 World Historic Farmed Shrimp Market Size by Country/Region (2021-2026)
4.2.1 Global Farmed Shrimp Annual Sales by Country/Region (2021-2026)
4.2.2 Global Farmed Shrimp Annual Revenue by Country/Region (2021-2026)
4.3 Americas Farmed Shrimp Sales Growth
4.4 APAC Farmed Shrimp Sales Growth
4.5 Europe Farmed Shrimp Sales Growth
4.6 Middle East & Africa Farmed Shrimp Sales Growth
5 Americas
5.1 Americas Farmed Shrimp Sales by Country
5.1.1 Americas Farmed Shrimp Sales by Country (2021-2026)
5.1.2 Americas Farmed Shrimp Revenue by Country (2021-2026)
5.2 Americas Farmed Shrimp Sales by Type (2021-2026)
5.3 Americas Farmed Shrimp Sales by Application (2021-2026)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Farmed Shrimp Sales by Region
6.1.1 APAC Farmed Shrimp Sales by Region (2021-2026)
6.1.2 APAC Farmed Shrimp Revenue by Region (2021-2026)
6.2 APAC Farmed Shrimp Sales by Type (2021-2026)
6.3 APAC Farmed Shrimp Sales by Application (2021-2026)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Farmed Shrimp by Country
7.1.1 Europe Farmed Shrimp Sales by Country (2021-2026)
7.1.2 Europe Farmed Shrimp Revenue by Country (2021-2026)
7.2 Europe Farmed Shrimp Sales by Type (2021-2026)
7.3 Europe Farmed Shrimp Sales by Application (2021-2026)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Farmed Shrimp by Country
8.1.1 Middle East & Africa Farmed Shrimp Sales by Country (2021-2026)
8.1.2 Middle East & Africa Farmed Shrimp Revenue by Country (2021-2026)
8.2 Middle East & Africa Farmed Shrimp Sales by Type (2021-2026)
8.3 Middle East & Africa Farmed Shrimp Sales by Application (2021-2026)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Farmed Shrimp
10.3 Manufacturing Process Analysis of Farmed Shrimp
10.4 Industry Chain Structure of Farmed Shrimp
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Farmed Shrimp Distributors
11.3 Farmed Shrimp Customer
12 World Forecast Review for Farmed Shrimp by Geographic Region
12.1 Global Farmed Shrimp Market Size Forecast by Region
12.1.1 Global Farmed Shrimp Forecast by Region (2027-2032)
12.1.2 Global Farmed Shrimp Annual Revenue Forecast by Region (2027-2032)
12.2 Americas Forecast by Country (2027-2032)
12.3 APAC Forecast by Region (2027-2032)
12.4 Europe Forecast by Country (2027-2032)
12.5 Middle East & Africa Forecast by Country (2027-2032)
12.6 Global Farmed Shrimp Forecast by Type (2027-2032)
12.7 Global Farmed Shrimp Forecast by Application (2027-2032)
13 Key Players Analysis
13.1 Minh Phu Seafood Corp
13.1.1 Minh Phu Seafood Corp Company Information
13.1.2 Minh Phu Seafood Corp Farmed Shrimp Product Portfolios and Specifications
13.1.3 Minh Phu Seafood Corp Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.1.4 Minh Phu Seafood Corp Main Business Overview
13.1.5 Minh Phu Seafood Corp Latest Developments
13.2 Thai Union
13.2.1 Thai Union Company Information
13.2.2 Thai Union Farmed Shrimp Product Portfolios and Specifications
13.2.3 Thai Union Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.2.4 Thai Union Main Business Overview
13.2.5 Thai Union Latest Developments
13.3 Santa Priscila
13.3.1 Santa Priscila Company Information
13.3.2 Santa Priscila Farmed Shrimp Product Portfolios and Specifications
13.3.3 Santa Priscila Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.3.4 Santa Priscila Main Business Overview
13.3.5 Santa Priscila Latest Developments
13.4 Expalsa
13.4.1 Expalsa Company Information
13.4.2 Expalsa Farmed Shrimp Product Portfolios and Specifications
13.4.3 Expalsa Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.4.4 Expalsa Main Business Overview
13.4.5 Expalsa Latest Developments
13.5 Zhanjiang Guolian
13.5.1 Zhanjiang Guolian Company Information
13.5.2 Zhanjiang Guolian Farmed Shrimp Product Portfolios and Specifications
13.5.3 Zhanjiang Guolian Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.5.4 Zhanjiang Guolian Main Business Overview
13.5.5 Zhanjiang Guolian Latest Developments
13.6 Pescanova
13.6.1 Pescanova Company Information
13.6.2 Pescanova Farmed Shrimp Product Portfolios and Specifications
13.6.3 Pescanova Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.6.4 Pescanova Main Business Overview
13.6.5 Pescanova Latest Developments
13.7 Omarsa
13.7.1 Omarsa Company Information
13.7.2 Omarsa Farmed Shrimp Product Portfolios and Specifications
13.7.3 Omarsa Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.7.4 Omarsa Main Business Overview
13.7.5 Omarsa Latest Developments
13.8 Songa
13.8.1 Songa Company Information
13.8.2 Songa Farmed Shrimp Product Portfolios and Specifications
13.8.3 Songa Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.8.4 Songa Main Business Overview
13.8.5 Songa Latest Developments
13.9 Iberconsa
13.9.1 Iberconsa Company Information
13.9.2 Iberconsa Farmed Shrimp Product Portfolios and Specifications
13.9.3 Iberconsa Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.9.4 Iberconsa Main Business Overview
13.9.5 Iberconsa Latest Developments
13.10 Conarpesa
13.10.1 Conarpesa Company Information
13.10.2 Conarpesa Farmed Shrimp Product Portfolios and Specifications
13.10.3 Conarpesa Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.10.4 Conarpesa Main Business Overview
13.10.5 Conarpesa Latest Developments
13.11 Royal Greenland A/S
13.11.1 Royal Greenland A/S Company Information
13.11.2 Royal Greenland A/S Farmed Shrimp Product Portfolios and Specifications
13.11.3 Royal Greenland A/S Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.11.4 Royal Greenland A/S Main Business Overview
13.11.5 Royal Greenland A/S Latest Developments
13.12 ProExpo
13.12.1 ProExpo Company Information
13.12.2 ProExpo Farmed Shrimp Product Portfolios and Specifications
13.12.3 ProExpo Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.12.4 ProExpo Main Business Overview
13.12.5 ProExpo Latest Developments
13.13 Quoc Viet
13.13.1 Quoc Viet Company Information
13.13.2 Quoc Viet Farmed Shrimp Product Portfolios and Specifications
13.13.3 Quoc Viet Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.13.4 Quoc Viet Main Business Overview
13.13.5 Quoc Viet Latest Developments
13.14 Devi Fisheries
13.14.1 Devi Fisheries Company Information
13.14.2 Devi Fisheries Farmed Shrimp Product Portfolios and Specifications
13.14.3 Devi Fisheries Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.14.4 Devi Fisheries Main Business Overview
13.14.5 Devi Fisheries Latest Developments
13.15 The Liberty Group
13.15.1 The Liberty Group Company Information
13.15.2 The Liberty Group Farmed Shrimp Product Portfolios and Specifications
13.15.3 The Liberty Group Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.15.4 The Liberty Group Main Business Overview
13.15.5 The Liberty Group Latest Developments
13.16 Nekkanti Sea Foods
13.16.1 Nekkanti Sea Foods Company Information
13.16.2 Nekkanti Sea Foods Farmed Shrimp Product Portfolios and Specifications
13.16.3 Nekkanti Sea Foods Farmed Shrimp Sales, Revenue, Price and Gross Margin (2021-2026)
13.16.4 Nekkanti Sea Foods Main Business Overview
13.16.5 Nekkanti Sea Foods Latest Developments
14 Research Findings and Conclusion