Shrimp Market Intelligence

best-value

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

feature

 No Additional Benefits

Subscription Benefits:

  • PRO access to New Beroe LiVE*
  • Unlimited updates on the Report*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

feature

*These features will be unlocked on the new Beroe LiVE when it launches (Q3, 2020)

Are you looking for answers on Shrimp category?

Are you looking for answers on Shrimp category?

  • What are the key trends in Shrimp category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Shrimp industry?
  • How is Shrimp industry performing?

Over 50,000+ users trust Beroe

Report Coverage

  • Spend Pool Dashboard
  • Global Seafood Market Overview
  • Procurement Strategy – Best Practices
  • Sample RFP/RFI Questionnaire

Production Size

Global Production

4.7 MMT

China

2.11 MMT

Indonesia

0.51 MMT

India

0.47 MMT

Table of contents

  1. Shrimp Executive Summary
  2. Spend Pool Dashboard
  3. Global Seafood Market
  4. Market Dynamics of Top Seafoods
  5. Sourcing Strategies for the Food Industry
  6. COVID-19 Impact

 

  1. Shrimp Market Analysis
  2. Global Seafood Market –Overview
  3. Regional Analysis
  4. Market Drivers and Constraints

 

  1. Shrimp Market Analysis
  2. Global Supply–Demand Analysis
  3. Global Trade Dynamics
  4. Price Analysis
  5. Cost Structure Analysis 

 

  1. Shrimp Industry Analysis 
  2. Porter’s Five Forces Analysis
  3. Trends in the Global Seafood Industry

 

  1. Shrimp Procurement Insights
  2. Procurement Strategy – Best Practices

 

  1. Shrimp Purchasing Process 
  2. Sample RFP/RFI Questionnaire

Want a more detailed personalised report?

Global Market Overview on Shrimp

The global seafood industry is highly fragmented, with a supply of approx. 170.9 MMT of fishes annually (both wild caught and aquaculture, 2018) and is estimated to reach 180 MMT in 2020.

Fish capture over the decade has taken a more inland approach, with the major capture type being aquaculture and tuna, shrimp, salmon are the most captured and traded species

  • Aquaculture currently holds 48 percent of the market share, and it is expected to increase its share in the total capture beyond 50 percent by the end of 2021

shrimp-market

 Market Drivers and Constraints

 Drivers

Increasing demand for processed/ready-to-cook seafood:

  • The seafood industry is gaining momentum, due to convenience and time-saving factors
  • Increasing disposable income and per capita consumption are also seen favorable for the growth of the industry

R&D/technology:

  • Aquaculture is gaining dominance over traditional agricultural practices, wild fish harvesting, etc., due to its volume production

Constraints

Shorter shelf life and disease outbreaks:

  • Disease outbreaks can occur both during raising and processing seafood. EMS or Early Mortality Syndrome had caused a substantial decrease in the shrimp production of the leading countries, like China, Vietnam, Indonesia, etc.

Government regulations:

  • Every country has its own control mechanism to prevent overfishing and the exhaustion of its resources. Countries, like Thailand, China, have fishing quotas and licenses in place, with respect to their fisheries and seafood industry

Supply–Demand Analysis

  • Global shrimp production is expected to reach 6 MMT, with an average growth rate of 4 percent, with the nearly complete eradication of EMS in China.
  • Currently, more than 65 percent of the shrimp supply is through aquaculture, than wild capture, with China occupying majority of share in harvesting both types of supply
  • COVID could impact supplies of shrimp in China, however, the market could suffer from low demand. Demand for shelf stable canned shrimp could increase in H2 2020 

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

feature

Complimentary 12-month access to Beroe LiVE

Any more questions?

Get in touch with us quickly and easily.

x

COVID-19: Assess impact on your suppliers and ensure business continuity with Beroe’s WIRE
(World Instant Risk Exposure)