Shrimp Market Share Gross Margin, Regional Statistics, Competitor, Forecast 2030
Global Shrimp Market Outlook Global Shrimp Market” that contains information from 20 22 to 2032. The shrimp market is estimated to register a CAGR of 9.80% during the forecast period of 2023 to 2032. Rising consumer demand for shrimps, contract farming regulations, and government policies as well as growing consumer acceptance of environmentally friendly production techniques : Rising consumer demand for shrimps, contract farming regulations, and government policies as well as growing consumer acceptance of environmentally friendly production techniques : Shrimp Market Size was valued at USD 38.9 billion in 2022. The shrimp market is projected to grow from USD 42.7 billion in 2023 to USD 90.2 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.80% during the forecast period (2023 - 2032). Over the past few years, innovations in the seafood industry have been steadily increasing. Technology advancements and the entry of new market participants in the commerci...