Global Organic Shrimp Market, By Species (Giant Tiger Prawn, White leg shrimp), Form (Fresh,Processed), Source (Warm Water, Cold Water), Types(Farmed White leg Shrimps, Royal Red Shrimps, Gulf Shrimps, Banded Coral Shrimps, Others), Application (Pharmaceutical, Cosmetics, Food, Others), Distribution Channel (Supermarket/Hypermarkets, Retail Stores, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Organic Shrimp Market
Global organic shrimp market size is expected to grow at a compound annual rate of 7.7% in the forecast period 2021 to 2028 and is likely to reach USD 11.2 billion by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of organic shrimp market in the forecast period of 2021 to 2028.
Organic shrimp is manufactured from precooked grains or and retains highly nutritious and fibrous content such as rich in antioxidants, fibre and resistant starch. They provide various health and nutritional benefits such as iodine, selenium and improved heart health.
The increasing trend of seafood as a snack is gaining momentum in the organic shrimp market within the forecast period of 2021 to 2028. Moreover, the rise in consumption and demand of organic shrimps due to taste and nutritional benefits is projected to drive the demand of organic shrimp. Likewise, the high consumption of wholesome protein, and rapid shift in the inclination of consumer towards the health cautious product are also driving the market growth. However, the change in the climatic conditions is projected to act as a restraint because it directly impacts the productivity of the market. The high market prices can be challenging for the growth of the organic shrimp market as the conventional one is cheaper.
Moreover, the enhancing the quality of the packaging and supportive government initiatives is estimated to further generates new opportunities for the market in the forecast period of 2021 to 2028.
This organic shrimp market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on organic shrimp market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Organic Shrimp Market Scope and Market Size
Organic shrimp market is segmented on the basis of species, form, source, type, application and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of species, the organic shrimp market has been segmented into giant tiger prawn and white leg shrimp.
- On the basis of form the organic shrimp market is segmented into fresh and processed. The processed is further sub-segmented into frozen, cooked, peeled, canned and others.
- On the basis of source, the organic shrimp market has been segregated into warm water and cold water.
- On the basis of type, the organic shrimp market is segmented into farmed white leg shrimps, royal red shrimps, gulf shrimps, banded coral shrimps and others.
- Based on application, the organic shrimp market is segmented into pharmaceutical, cosmetics, food, and others.
- On the basis of distribution channel, the organic shrimp market has been bifurcated into hypermarkets/supermarkets, retail stores, others.
Organic Shrimp Market Country Level Analysis
Organic shrimp market is analyses and market size, volume information is provided by species, form, source, type, application and distribution channel.
The countries covered in the organic shrimp market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia- Pacific leads the organic shrimp market due to growing awareness regarding the health benefits of organic shrimps and availability of appropriate climatic conditions. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to growing consumption of seafood, increasing awareness regarding its benefit, sustainable farming and aquaculture within this region.
The country section of the organic shrimp market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Organic Shrimp Market Share Analysis
Organic shrimp market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to organic shrimp market.
The major players covered in the organic shrimp market report are Mseafood., Omarsa, Vinnbio Biological Products., MORUBEL, DOM International Limited, Seajoy, ArtisanFish LLC, Orchid Marine, Ananda Dairy Ltd.,Charoen Pokphand Foods PCL, High Liner Foods, Maruha Nichiro Corporation, BLUE STAR SEAFOOD CO. LTD., The Clover Leaf Seafoods Family, High Liner Foods., NISSUI, Cooke Aquaculture, and Seacore Seafood Inc among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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