Thailand Shrimp Market Size & Outlook, 2025-2033
The shrimp market in Thailand is expected to reach a projected revenue of US$ 2,125.6 million by 2033. A compound annual growth rate of 3.6% is expected of Thailand shrimp market from 2025 to 2033.
Revenue, 2024 (US$M)
$1,536.7
Forecast, 2033 (US$M)
$2,125.6
CAGR, 2025 - 2033
3.6%
Report Coverage
Thailand
Related Markets
Thailand shrimp market highlights
- The Thailand shrimp market generated a revenue of USD 1,536.7 million in 2024 and is expected to reach USD 2,125.6 million by 2033.
- The Thailand market is expected to grow at a CAGR of 3.6% from 2025 to 2033.
- In terms of segment, b2b was the largest revenue generating species in 2024.
- B2C is the most lucrative species segment registering the fastest growth during the forecast period.
Shrimp market data book summary
| Market revenue in 2024 | USD 1,536.7 million |
| Market revenue in 2033 | USD 2,125.6 million |
| Growth rate | 3.6% (CAGR from 2025 to 2033) |
| Largest segment | B2b |
| Fastest growing segment | B2C |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | B2C, B2B |
| Key market players worldwide | Thai Union Group PCL ADR, Avanti Feeds, High Liner Foods, Surapon Foods, Clearwater Seafoods, Mazzetta Company, Aqua Star, Nordic Seafood, Waterbase, Ocean Direct |
Other key industry trends
- In terms of revenue, Thailand accounted for 2.0% of the global shrimp market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China shrimp market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,069.5 million by 2033.
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Shrimp Market Scope
Shrimp market segmentation & 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 |
Thailand shrimp market size, by species, 2021-2033 (US$M)
Thailand Shrimp Market Outlook Share, 2024 & 2033 (US$M)
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