Shrimp Market
Description
Shrimp Market Summary
The global shrimp market size was estimated at USD 79.2 billion in 2025 and is projected to reach USD 121.4 billion by 2033, growing at a CAGR of 5.5% from 2026 to 2033. The global market is primarily driven by rising consumer demand for high-protein, low-fat seafood, increasing popularity of ready-to-cook and frozen shrimp products, and expanding awareness of the health and nutritional benefits of shrimp consumption.
The global demand for seafood, especially shrimp, is increasing as a result of shifting dietary preferences and growing health awareness among consumers. In addition, heightened awareness of the nutritional benefits of seafood, particularly shrimp, which is rich in essential nutrients such as omega-3 fatty acids and considered a healthier protein source, is further driving market growth.
The global shrimp industry is propelled by shifting consumer preferences toward premium seafood and gourmet dining experiences. Increasing adoption of sustainable aquaculture practices is attracting environmentally conscious buyers. Technological improvements in breeding and disease control are boosting farm productivity. In addition, the growth of online seafood retail is expanding market access and convenience for consumers worldwide.
Moreover, growing demand for convenient and value-added seafood products is boosting shrimp consumption. Expansion of cold chain infrastructure supports wider distribution and longer shelf life. Rising incomes in emerging economies are increasing per capita seafood intake. Supportive government policies and export incentives are encouraging shrimp farming investments.
In addition, the global market is experiencing growth due to the rising popularity of high-protein diets and keto-friendly foods. Urbanization and changing lifestyles are driving demand for quick-to-cook, frozen shrimp meals. Tourism and hospitality industry expansion is further increasing shrimp consumption globally. Moreover, international trade liberalization is making shrimp more accessible across diverse markets.
Global Shrimp Market Report Segmentation
This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global shrimp market report based on species, source, form, distribution channel, and region:
The global shrimp market size was estimated at USD 79.2 billion in 2025 and is projected to reach USD 121.4 billion by 2033, growing at a CAGR of 5.5% from 2026 to 2033. The global market is primarily driven by rising consumer demand for high-protein, low-fat seafood, increasing popularity of ready-to-cook and frozen shrimp products, and expanding awareness of the health and nutritional benefits of shrimp consumption.
The global demand for seafood, especially shrimp, is increasing as a result of shifting dietary preferences and growing health awareness among consumers. In addition, heightened awareness of the nutritional benefits of seafood, particularly shrimp, which is rich in essential nutrients such as omega-3 fatty acids and considered a healthier protein source, is further driving market growth.
The global shrimp industry is propelled by shifting consumer preferences toward premium seafood and gourmet dining experiences. Increasing adoption of sustainable aquaculture practices is attracting environmentally conscious buyers. Technological improvements in breeding and disease control are boosting farm productivity. In addition, the growth of online seafood retail is expanding market access and convenience for consumers worldwide.
Moreover, growing demand for convenient and value-added seafood products is boosting shrimp consumption. Expansion of cold chain infrastructure supports wider distribution and longer shelf life. Rising incomes in emerging economies are increasing per capita seafood intake. Supportive government policies and export incentives are encouraging shrimp farming investments.
In addition, the global market is experiencing growth due to the rising popularity of high-protein diets and keto-friendly foods. Urbanization and changing lifestyles are driving demand for quick-to-cook, frozen shrimp meals. Tourism and hospitality industry expansion is further increasing shrimp consumption globally. Moreover, international trade liberalization is making shrimp more accessible across diverse markets.
Global Shrimp Market Report Segmentation
This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global shrimp market report based on species, source, form, distribution channel, and region:
- Species Outlook (Volume, Metric Tons; Revenue, USD Million, 2021 - 2033)
- L. vannamei
- Trachipenaeus curvirostris
- Pleoticus muelleri
- P. monodon
- Acetes japonicus
- Pandalus borealis
- P. chinensis
- Others
- Source Outlook (Volume, Metric Tons; Revenue, USD Million, 2021 - 2033)
- Wild
- Aquaculture
- Form Outlook (Volume, Metric Tons; Revenue, USD Million, 2021 - 2033)
- Green/ Head-off
- Green/ Head-on
- Peeled
- Cooked
- Breaded
- Others
- Distribution Channel Outlook (Volume, Metric Tons; Revenue, USD Million, 2021 - 2033)
- B2B
- B2C
- Hypermarkets & Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
- Regional Outlook (Volume, Metric Tons; Revenue, USD Million, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Lithuania
- Asia Pacific
- China
- Japan
- India
- Thailand
- Vietnam
- South Korea
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
Table of Contents
160 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
- Chapter 3. Canada Protein Ingredients Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter’s Five Forces Analysis
- 3.6. Market Entry Strategies
- Chapter 4. Canada Protein Ingredients Market: Product Estimates & Trend Analysis
- 4.1. Canada Protein Ingredients Market Product: Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2024 & 2033
- 4.3. Canada Protein Ingredients Market Estimates & Forecast, By Product, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1. Plant Protein
- 4.3.1.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2. Cereals
- 4.3.1.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.2. Wheat
- 4.3.1.2.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.2.2. Wheat Protein Concentrates
- 4.3.1.2.2.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.2.3. Wheat Protein Isolates
- 4.3.1.2.2.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.2.4. Textured Wheat Protein
- 4.3.1.2.2.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.2.5. Hydrolyzed Wheat Protein
- 4.3.1.2.2.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.2.6. HMEC/HMMA Wheat Protein
- 4.3.1.2.2.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.3. Rice
- 4.3.1.2.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.4.2. Rice Protein Isolates
- 4.3.1.2.4.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.4.3. Rice Protein Concentrates
- 4.3.1.2.4.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.4.4. Hydrolyzed Rice Protein
- 4.3.1.2.4.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.4.5. Others
- 4.3.1.2.4.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.4. Oats
- 4.3.1.2.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.5.2. Oat Protein Concentrates
- 4.3.1.2.5.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.5.3. Oat Protein Isolates
- 4.3.1.2.5.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.5.4. Hydrolyzed Oat Protein
- 4.3.1.2.5.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.2.5. Others
- 4.3.1.2.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3. Legume
- 4.3.1.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.2. Soy
- 4.3.1.3.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.2.2. Soy Protein Concentrates
- 4.3.1.3.2.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.2.3. Soy Protein Isolates
- 4.3.1.3.2.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.2.4. Textured Soy Protein
- 4.3.1.3.2.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.2.5. Hydrolyzed Soy Protein
- 4.3.1.3.2.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.2.6. HMEC/HMMA Soy Protein
- 4.3.1.3.2.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.3. Pea
- 4.3.1.3.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.3.2. Pea Protein Concentrates
- 4.3.1.3.3.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.3.3. Pea Protein Isolates
- 4.3.1.3.3.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.3.4. Textured Pea Protein
- 4.3.1.3.3.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.3.5. Hydrolyzed Pea Protein
- 4.3.1.3.3.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.3.6. HMEC/HMMA Pea Protein
- 4.3.1.3.3.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.3.4. Lupine
- 4.3.1.3.5. Chickpea
- 4.3.1.3.6. Others
- 4.3.1.4. Roots
- 4.3.1.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.4.2. Potato
- 4.3.1.4.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.4.2.2. Potato Protein Concentrate
- 4.3.1.4.2.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.4.2.3. Potato Protein Isolate
- 4.3.1.4.2.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.4.3. Maca
- 4.3.1.4.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.4.4. Others
- 4.3.1.4.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5. Ancient Grain
- 4.3.1.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5.2. Hemp
- 4.3.1.5.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5.3. Quinoa
- 4.3.1.5.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5.4. Sorghum
- 4.3.1.5.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5.5. Amaranth
- 4.3.1.5.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5.6. Chia
- 4.3.1.5.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5.7. Others
- 4.3.1.5.7.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.6. Nuts & Seeds
- 4.3.1.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.6.2. Canola
- 4.3.1.5.3.2. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.6.3. Almond
- 4.3.1.5.7.2. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5.8. Flaxseeds
- 4.3.1.5.8.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.1.5.9. Others
- 4.3.1.5.9.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2. Animal/ Dairy Protein
- 4.3.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2.2. Egg Protein
- 4.3.2.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2.3. Milk Protein Concentrates/Isolates
- 4.3.2.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2.4. Whey Protein Concentrates
- 4.3.2.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2.5. Whey Protein Hydrolysates
- 4.3.2.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2.6. Whey Protein Isolates
- 4.3.2.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2.7. Gelatin
- 4.3.2.7.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2.8. Casein/Caseinates
- 4.3.2.8.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.2.9. Collagen Peptides
- 4.3.2.9.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.3. Microbe-based Protein
- 4.3.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.3.2. Algae
- 4.3.3.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.3.3. Bacteria
- 4.3.3.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.3.4. Yeast
- 4.3.3.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.3.5. Fungi
- 4.3.3.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.3.5.2. Wheat
- 4.3.3.5.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.4. Insect Protein
- 4.3.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.4.2. Coleoptera
- 4.3.4.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.4.3. Lepidoptera
- 4.3.4.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.4.4. Hymnoptera
- 4.3.4.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.4.5. Orthoptera
- 4.3.4.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.4.6. Hemiptera
- 4.3.4.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.4.7. Diptera
- 4.3.4.7.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 4.3.4.8. Others
- 4.3.4.8.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- Chapter 5. Canada Protein Ingredients Market: Application Estimates & Trend Analysis
- 5.1. Canada Protein Ingredients Market Application: Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2024 & 2033
- 5.3. Canada Protein Ingredients Market Estimates & Forecast, By Application, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1. Food & Beverages
- 5.3.1.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.2. Bakery & Confectionary
- 5.3.1.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.3. Beverages (Non-Dairy Alternatives)
- 5.3.1.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.4. Breakfast Cereals
- 5.3.1.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.5. Dairy Alternatives
- 5.3.1.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.5.2. Beverages
- 5.3.1.5.3. Cheese
- 5.3.1.5.4. Snacks
- 5.3.1.5.5. Others
- 5.3.1.6. Dietary Supplements/Weight Management
- 5.3.1.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.7. Meat Alternatives & Extenders
- 5.3.1.7.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.7.2. Poultry
- 5.3.1.7.3. Beef
- 5.3.1.7.4. Pork
- 5.3.1.7.5. Others
- 5.3.1.8. Snacks (Non-Dairy Alternatives)
- 5.3.1.8.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.9. Sports Nutrition
- 5.3.1.9.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.1.10. Others
- 5.3.1.10.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.2. Infant Formulations
- 5.3.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.3. Clinical Nutrients
- 5.3.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.4. Animal Feed
- 5.3.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- 5.3.5. Others
- 5.3.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million; Thousand Units)
- Chapter 6. Canada Protein Ingredients Market - Competitive Landscape
- 6.1. Recent Developments & Impact Analysis by Key Market Participants
- 6.2. Company Categorization
- 6.3. Financial Performance
- 6.4. Product Benchmarking
- 6.5. Company Market Share, 2024
- 6.6. Company Heat Map/ Positioning Analysis
- 6.7. Strategy Mapping
- 6.8. Company Profiles
- 6.8.1. ADM
- 6.8.1.1. Company Overview
- 6.8.1.2. Financial Performance
- 6.8.1.3. Product Benchmarking
- 6.8.1.4. Strategic Initiatives
- 6.8.2. Burcon
- 6.8.2.1. Company Overview
- 6.8.2.2. Financial Performance
- 6.8.2.3. Product Benchmarking
- 6.8.2.4. Strategic Initiatives
- 6.8.3. Roquette Canada Ltd.
- 6.8.3.1. Company Overview
- 6.8.3.2. Financial Performance
- 6.8.3.3. Product Benchmarking
- 6.8.3.4. Strategic Initiatives
- 6.8.4. The Scoular Company
- 6.8.4.1. Company Overview
- 6.8.4.2. Financial Performance
- 6.8.4.3. Product Benchmarking
- 6.8.4.4. Strategic Initiatives
- 6.8.5. Cargill, Incorporated.
- 6.8.5.1. Company Overview
- 6.8.5.2. Financial Performance
- 6.8.5.3. Product Benchmarking
- 6.8.5.4. Strategic Initiatives
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.


