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Shrimp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Shrimp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Shrimps are one of the most common and popular types of seafood consumed worldwide. The demand of shrimps has been high due to their nutritional value and health benefits as they are low in fat, high in protein and a moderate source of omega-3 fatty acids. The trend towards consumption of healthy and low-fat foods and the demand for marine proteins in both developed and developing countries are currently driving the growth of the shrimp market. One of the biggest challenges faced by this market in the last decade was the emergence of the EMS disease in China in 2009. This significantly impacted the shrimp markets in China, Thailand, Vietnam and Mexico. The shrimp market, however, has recovered in the last few years with global production levels reaching 4.5 Million Metric Tons in 2017.

IMARC Group’s latest report titled “Shrimp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” has segmented the shrimp market on the basis of species, size and region. Based on species, the market is segmented into Penaeus Vannamei (or White-leg shrimp), Penaeus Monodon (or Black Tiger Shrimp) and Macrobrachium Rosenbergii. On the basis of sizes available, the market has been categorized into various segments such as <21, 21-25, 26-30, 31-40, 41-50, 51-60, 61-70 and >70. Region-wise, China represented the largest market in terms of production. China was followed by Vietnam, India, Indonesia, Ecuador and Thailand.

This report provides a detailed roadmap for setting up a shrimp processing plant. The study covers all the prerequisites of the shrimp processing industry and provides an in-depth analysis of the shrimp market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the shrimp processing industry in any manner.

Key Questions Answered in This Report:

How has the shrimp market performed so far and how will it perform in the coming years?
What are the key regional markets in the global shrimp industry?
What are the price trends of shrimp?
What are the various stages in the value chain of the shrimp industry?
What are the key driving factors and challenges in the shrimp industry?
What is the structure of the shrimp industry and who are the key players?
What is the degree of competition in the shrimp industry?
What are the profit margins in the shrimp industry?
What are the key requirements for setting up a shrimp processing plant?
How is shrimp processed?
What are the various unit operations involved in a shrimp plant?
What is the total size of land required for setting up a shrimp plant?
What are the machinery requirements for setting up a shrimp plant?
What are the raw material requirements for setting up a shrimp plant?
What are the packaging requirements for shrimp?
What are the transportation requirements for shrimp?
What are the utility requirements for setting up a shrimp plant?
What are the manpower requirements for setting up a shrimp plant?
What are the infrastructure costs for setting up a shrimp plant?
What are the capital costs for setting up a shrimp plant?
What are the operating costs for setting up a shrimp plant?
What will be the income and expenditures for a shrimp plant?
What is the time required to break-even?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Shrimp Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.3.1 Price Indicators
5.3.2 Price Structure
5.4 Major Shrimp Producing Countries
5.5 Major Shrimp Consuming Countries
5.6 Market Breakup by Species
5.7 Market Breakup by Shrimp Size
5.8 Imports and Exports
5.9 Market Forecast
5.9.1 Volume Trends
5.9.2 Value Trends
6 Global Shrimp Industry: SWOT Analysis
6.1 Strengths
6.2 Weaknesses
6.3 Opportunities
6.4 Threats
7 Global Shrimp Industry: Value Chain Analysis
7.1 Broodstock & Hatchery
7.2 Shrimp Harvesting
7.3 Auction
7.4 Peeling/Pre-processing
7.5 Large Scale Industrial Processing
7.6 Packaging and Export
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Rivalry
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Key Success Factors
10 Major Shrimp Producing Regions
10.1 China
10.2 Vietnam
10.3 India
10.4 Indonesia
10.5 Ecuador
10.6 Thailand
10.7 Others
11 Major Shrimp Consuming Regions
11.1 United States
11.2 China
11.3 Europe
11.4 Japan
11.5 Others
12 Market Breakup by Species
12.1 Penaeus Vannamei
12.2 Penaeus Monodon
12.3 Macrobrachium Rosenbergii
12.4 Others
13 Market Breakup by Shrimp Size
13.1 31-40
13.2 41-50
13.3 51-60
13.4 61-70
13.5 >70
13.6 Others
14 Market For Value Added Shrimp Products
14.1 Market Overview
14.2 Market Performance
14.3 Market Breakup by Region
14.4 Market Breakup by Type
14.5 Market Forecast
15 Imports of Processed Shrimps
15.1 Peeled
15.2 Shell-On
15.3 Cooked
15.4 Breaded
16 Competitive Landscape
16.1 Competitive Structure
16.2 Key Players
17 Shrimp Processing
17.1 Product Overview
17.2 Detailed Process Flow
17.3 Various Types of Unit Operations Involved
17.4 Mass Balance and Raw Material Requirements
18 Project Details, Requirements and Costs Involved
18.1 Land Requirements and Expenditures
18.2 Construction Requirements and Expenditures
18.3 Plant Machinery
18.4 Machinery Pictures
18.5 Raw Material Requirements and Expenditures
18.6 Raw Material and Final Product Pictures
18.7 Packaging Requirements and Expenditures
18.8 Transportation Requirements and Expenditures
18.9 Utility Requirements and Expenditures
18.10 Manpower Requirements and Expenditures
18.11 Other Capital Investments
19 Loans and Financial Assistance
20 Project Economics
20.1 Capital Cost of the Project
20.2 Techno-Economic Parameters
20.3 Product Pricing and Margins Across Various Levels of the Supply Chain
20.4 Taxation and Depreciation
20.5 Income Projections
20.6 Expenditure Projections
20.7 Financial Analysis
20.8 Profit Analysis
List of Figures
Figure 1: Global: Shrimp Industry Overview
Figure 2: Global: Shrimp Market: Volume Trends (in Million Tons), 2010 - 2017
Figure 3: Global: Shrimp Market: Value Trends (in Million US$), 2010 & 2017
Figure 4: Shrimp Price Trends (in US$/Ton), 2015 - 2017
Figure 5: Global: Shrimp Market: Production by Region (in %), 2017
Figure 6: Global: Shrimp Market: Consumption by Region (in %), 2017
Figure 7: Global: Shrimp Market: Breakup by Species (in %), 2017
Figure 8: Global: Shrimp Market: Breakup by Size (in %), 2017
Figure 9: Global: Shrimp Imports Market: Breakup by Processed Shrimp Type (in %), 2017
Figure 10: Global: Shrimp Market Forecast: Volume Trends (in Million Tons), 2018-2023
Figure 11: Global: Shrimp Market Forecast: Value Trends (in Million US$), 2018-2023
Figure 12: Global: Shrimp Industry: SWOT Analysis
Figure 13: Global: Shrimp Industry: Value Chain Analysis
Figure 14: Global: Shrimp Industry: Porter’s Five Forces Analysis
Figure 15: China: Shrimp Market (in Million Tons), 2015, 2017 & 2023
Figure 16: Vietnam: Shrimp Market (in Million Tons), 2015, 2017 & 2023
Figure 17: India: Shrimp Market (in Million Tons), 2015, 2017 & 2023
Figure 18: Indonesia: Shrimp Market (in Million Tons), 2015, 2017 & 2023
Figure 18: Ecuador: Shrimp Market (in Million Tons), 2015, 2017 & 2023
Figure 19: Thailand: Shrimp Market (in Million Tons), 2015, 2017 & 2023
Figure 20: Shrimp Processing Plant: Detailed Process Flow
Figure 21: Shrimp Processing: Conversion Rate of Products
Figure 22: Shrimp Processing Plant: Proposed Plant Layout
Figure 23: Shrimp Processing Plant: Breakup of Capital Costs (in %)
Figure 24: Shrimp Industry: Profit Margins at Various Levels of the Supply Chain
Figure 25: Shrimp Processing: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Shrimp Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Shrimp Market Forecast: Breakup by Region, 2018-2023
Table 3: Global: Shrimp Farming
Table 4: Shrimp Processing Plant: Costs Related to Land and Site Development (in US$)
Table 5: Shrimp Processing Plant: Costs Related to Civil Works (in US$)
Table 6: Shrimp Processing Plant: Costs Related to Machinery (in US$)
Table 7: Shrimp Processing Plant: Raw Material Requirements
Table 8: Shrimp Processing Plant: Costs Related to Salaries and Wages in the First Year (in US$)
Table 9: Shrimp Processing Plant: Costs Related to Salaries and Wages in the Second Year (in US$)
Table 10: Shrimp Processing Plant: Costs Related to Salaries and Wages from Third Year Onwards (in US$)
Table 11: Shrimp Processing Plant: Costs Related to Other Capital Investments (in US$)
Table 12: Details of Financial Assistance Offered by Financial Institutions
Table 13: Shrimp Processing Plant: Capital Costs (in US$)
Table 14: Shrimp Processing Plant: Techno-Economic Parameters
Table 15: Shrimp Processing Plant: Taxation and Depreciation
Table 16: Shrimp Processing Plant: Income Projections (in US$)
Table 17: Shrimp Processing Plant: Expenditure Projections (in US$)
Table 18: Shrimp Processing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 19: Shrimp Processing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 20: Shrimp Processing Plant: Profit and Loss Account

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