Market Research Report Store offers a latest published report on Shrimp Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Shrimp is one of the most popular seafood varieties consumed worldwide owing to factors such as low in fat, rich source of nutrients like vitamin B12 and selenium, which are important for maintaining good health.
Consumers highly prefer frozen shrimp over various other types of shrimp food available in the market. Frozen shrimps have longer shelf life, are less expensive, and easily available, in comparison to fresh shrimps. The sales volume of frozen shrimp will continue to increase throughout the projected period as a large number of consumers buy shrimp in bulk due to its long shelf life. Furthermore, vendors are focusing on offering frozen shrimp in clear packaging labels to attract more consumers.
The most popular distribution channels for products like shrimps are the supermarkets and hypermarkets. The influx of consumers to these stores is high due to the overall growth of the organized retail sector in developed and developing economies. The establishment of numerous retail outlets and growth in the retail industry will further boost the sales volume of shrimps in these stores.
The global Shrimp market is valued at 43100 million US$ in 2018 is expected to reach 67600 million US$ by the end of 2025, growing at a CAGR of 5.8% during 2019-2025.
Market Segment by Manufacturers, this report covers
Minh Phu Seafood Corp
Royal Greenland A/S
The Liberty Group
Nekkanti Sea Foods
Market Segment by Type, covers
Giant Tiger Prawn
Akiami Paste Shrimp
Market Segment by Applications, can be divided into
Restaurant & Hotel
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North America Shrimp Market Growth 2019-2024
United States Shrimp Market Growth 2019-2024
Asia-Pacific Shrimp Market Growth 2019-2024
Europe Shrimp Market Growth 2019-2024
EMEA Shrimp Market Growth 2019-2024
Global Shrimp Market Growth 2019-2024
China Shrimp Market Growth 2019-2024
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