Global Shrimp Market Size & Outlook, 2026-2033
Global shrimp market, 2021-2033 (US$M)
Related Markets
Global shrimp market highlights
- The global shrimp market generated a revenue of USD 79,233.4 million in 2025 and is expected to reach USD 121,349.7 million by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 5.5% by 2033.
- In terms of segment, b2b accounted for a revenue of USD 46,591.8 million in 2025.
- B2C is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2025.
- Country-wise, Canada is expected to register the highest CAGR from 2026 to 2033.
Global data book summary
| Market revenue in 2025 | USD 79,233.4 million |
| Market revenue in 2033 | USD 121,349.7 million |
| Growth rate | 5.5% (CAGR from 2026 to 2033) |
| Largest segment | B2b |
| Fastest growing segment | B2C |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | B2B, B2C |
Other key industry trends
- In terms of revenue, the North America accounted for 23.7% of the global shrimp market in 2025.
- By country, the China is projected to lead the global market in terms of revenue in 2033.
- By country, Canada is the fastest growing regional market and is projected to reach USD 1,749.1 million by 2033.
B2b was the largest segment with a revenue share of 58.8% in 2025. Horizon Databook has segmented the Global shrimp market based on b2b, b2c covering the revenue growth of each sub-segment from 2021 to 2033.
Seafood has become popular over the years, and the recent surge of the coronavirus helped increase its demand. An article by the Global Sea Food Alliance suggests that the retail demand for shrimp will continue to rise. The most important factor that propelled the demand for shrimp was the boom in home cooking during the pandemic. Many seafood lovers attempted to recreate their favorite seafood restaurant dish at home.
Consumers are also eating more seafood due to its popularity in Asian cuisines of South Korea and India especially. The soft power of the Korean pop industry has been shaping the preferences of consumers globally into trying South Korean dishes, which extensively use shrimps. The globalization of Asia cuisine will further propel the demand for shrimp in the forecast period.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Shrimp Market Scope
Shrimp Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ocean Direct | View profile | 11-50 | Gardena, California, United States, North America | https://oceandirect.com |
| Nordic Seafood | View profile | 51-100 | Hirtshals, Nordjylland, Denmark, Europe | https://www.nordicseafood.com |
| Aqua Star | View profile | 101-250 | Seattle, Washington, United States, North America | https://www.aquastar.com/ |
| Mazzetta Company | View profile | 11-50 | Highland Park, Illinois, United States, North America | https://www.mazzetta.com |
| Clearwater Seafoods | View profile | 1001-5000 | Bedford, Quebec, Canada, North America | http://www.clearwater.ca/ |
| Surapon Foods | View profile | 1001-5000 | Samut Prakan, Samut Prakan, Thailand, Asia | http://www.surapon.com |
| High Liner Foods | View profile | 1001-5000 | Lunenburg, Nova Scotia, Canada, North America | http://www.highlinerfoods.com |
| Waterbase | View profile | 501-1000 | Chennai, Tamil Nadu, India, Asia | http://www.waterbaseindia.com/ |
| Avanti Feeds | View profile | 51-100 | Visakhapatnam, Andhra Pradesh, India, Asia | http://www.avantifeeds.com/ |
| Thai Union Group PCL ADR | View profile | 10116 | 72/1 Moo 7, Sethakit 1 Road, Tarsrai Sub-district, Amphur Muang, Samutsakorn, Samut sakhon, Thailand, 74000 | https://www.thaiunion.com |
Global shrimp market size, by regions, 2021-2033 (US$M)
Top 10 countries: Shrimp market size, 2024 (US$M)
Global shrimp market share, by species, 2025 & 2033 (%, US$M)
Shrimp market: Opportunity assessment by country
Global shrimp market, by region, 2025 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
