What was the overall valuation of the US shrimp market in 2024?

The overall market valuation was $6.83 Billion in 2024. Read More

What is the projected market valuation for the US shrimp market by 2035?

The projected valuation for 2035 is $19.11 Billion. Read More

What is the expected CAGR for the US shrimp market during the forecast period 2025 - 2035?

The expected CAGR for the US shrimp market during the forecast period 2025 - 2035 is 9.8%. Read More

Which species of shrimp contributed the most to the market in 2024?

In 2024, Penaeus vannamei contributed $3.5 Billion to the market. Read More

What are the key product forms in the US shrimp market?

Key product forms include Frozen, Fresh, Canned, Cooked, and Dried shrimp. Read More

How much did the retail distribution channel generate in 2024?

The retail distribution channel generated $2.73 Billion in 2024. Read More

What is the projected growth for the frozen shrimp segment by 2035?

The frozen shrimp segment is projected to grow from $2.05 Billion in 2024 to $5.67 Billion by 2035. Read More

Which companies are considered key players in the US shrimp market?

Key players include Thai Union Group, Maruha Nichiro Corporation, and Bumble Bee Foods. Read More

What was the valuation of the food service segment in 2024?

The food service segment was valued at $2.05 Billion in 2024. Read More

How does the online retail channel perform in the US shrimp market?

The online retail channel generated $1.02 Billion in 2024 and is expected to grow significantly. Read More

US Shrimp Market

US Shrimp Market Size, Share, Industry Trend & Analysis Research Report: By Species (Penaeus vannamei, Penaeus monodon, Metapenaeus ensis, Litopenaeus setiferus), By Product Form (Frozen, Fresh, Canned, Cooked, Dried), By Distribution Channel (Supermarkets, Online Retail, Wholesale, Specialty Stores) andBy End Use (Food Service, Retail, Industrial)- Forecast to 2035

Forecast Period

2025 - 2035

CAGR

9.8%

2024 Market Size

$ 6.83 Billion

2035 Market Size

$ 19.11 Billion

Food, Beverages & Nutrition ● Updated August 2026 Report ID: MRFR/FnB/19696-HCR | Pages: 200 | Author: Snehal Singh

Summary Table of Contents Segmentation Download PDF

1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
1. 1.1 EXECUTIVE SUMMARY
  1. 1.1.1 Market Overview
  2. 1.1.2 Key Findings
  3. 1.1.3 Market Segmentation
  4. 1.1.4 Competitive Landscape
  5. 1.1.5 Challenges and Opportunities
  6. 1.1.6 Future Outlook
2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
1. 2.1 MARKET INTRODUCTION
  1. 2.1.1 Definition
  2. 2.1.2 Scope of the study
    1. 2.1.2.1 Research Objective
    2. 2.1.2.2 Assumption
    3. 2.1.2.3 Limitations
2. 2.2 RESEARCH METHODOLOGY
  1. 2.2.1 Overview
  2. 2.2.2 Data Mining
  3. 2.2.3 Secondary Research
  4. 2.2.4 Primary Research
    1. 2.2.4.1 Primary Interviews and Information Gathering Process
    2. 2.2.4.2 Breakdown of Primary Respondents
  5. 2.2.5 Forecasting Model
  6. 2.2.6 Market Size Estimation
    1. 2.2.6.1 Bottom-Up Approach
    2. 2.2.6.2 Top-Down Approach
  7. 2.2.7 Data Triangulation
  8. 2.2.8 Validation
3 SECTION III: QUALITATIVE ANALYSIS
1. 3.1 MARKET DYNAMICS
  1. 3.1.1 Overview
  2. 3.1.2 Drivers
  3. 3.1.3 Restraints
  4. 3.1.4 Opportunities
2. 3.2 MARKET FACTOR ANALYSIS
  1. 3.2.1 Value chain Analysis
  2. 3.2.2 Porter's Five Forces Analysis
    1. 3.2.2.1 Bargaining Power of Suppliers
    2. 3.2.2.2 Bargaining Power of Buyers
    3. 3.2.2.3 Threat of New Entrants
    4. 3.2.2.4 Threat of Substitutes
    5. 3.2.2.5 Intensity of Rivalry
  3. 3.2.3 COVID-19 Impact Analysis
    1. 3.2.3.1 Market Impact Analysis
    2. 3.2.3.2 Regional Impact
    3. 3.2.3.3 Opportunity and Threat Analysis
4 SECTION IV: QUANTITATIVE ANALYSIS
1. 4.1 Construction, BY Species (USD Billion)
  1. 4.1.1 Penaeus vannamei
  2. 4.1.2 Penaeus monodon
  3. 4.1.3 Metapenaeus ensis
  4. 4.1.4 Litopenaeus setiferus
2. 4.2 Construction, BY Product Form (USD Billion)
  1. 4.2.1 Frozen
  2. 4.2.2 Fresh
  3. 4.2.3 Canned
  4. 4.2.4 Cooked
  5. 4.2.5 Dried
3. 4.3 Construction, BY Distribution Channel (USD Billion)
  1. 4.3.1 Supermarkets
  2. 4.3.2 Online Retail
  3. 4.3.3 Wholesale
  4. 4.3.4 Specialty Stores
4. 4.4 Construction, BY Use (USD Billion)
  1. 4.4.1 Food Service
  2. 4.4.2 Retail
  3. 4.4.3 Industrial
5 SECTION V: COMPETITIVE ANALYSIS
1. 5.1 Competitive Landscape
  1. 5.1.1 Overview
  2. 5.1.2 Competitive Analysis
  3. 5.1.3 Market share Analysis
  4. 5.1.4 Major Growth Strategy in the Construction
  5. 5.1.5 Competitive Benchmarking
  6. 5.1.6 Leading Players in Terms of Number of Developments in the Construction
  7. 5.1.7 Key developments and growth strategies
    1. 5.1.7.1 New Product Launch/Service Deployment
    2. 5.1.7.2 Merger & Acquisitions
    3. 5.1.7.3 Joint Ventures
  8. 5.1.8 Major Players Financial Matrix
    1. 5.1.8.1 Sales and Operating Income
    2. 5.1.8.2 Major Players R&D Expenditure. 2023
2. 5.2 Company Profiles
  1. 5.2.1 Thai Union Group (TH)
    1. 5.2.1.1 Financial Overview
    2. 5.2.1.2 Products Offered
    3. 5.2.1.3 Key Developments
    4. 5.2.1.4 SWOT Analysis
    5. 5.2.1.5 Key Strategies
  2. 5.2.2 Maruha Nichiro Corporation (JP)
    1. 5.2.2.1 Financial Overview
    2. 5.2.2.2 Products Offered
    3. 5.2.2.3 Key Developments
    4. 5.2.2.4 SWOT Analysis
    5. 5.2.2.5 Key Strategies
  3. 5.2.3 Mowi ASA (NO)
    1. 5.2.3.1 Financial Overview
    2. 5.2.3.2 Products Offered
    3. 5.2.3.3 Key Developments
    4. 5.2.3.4 SWOT Analysis
    5. 5.2.3.5 Key Strategies
  4. 5.2.4 Nissui (JP)
    1. 5.2.4.1 Financial Overview
    2. 5.2.4.2 Products Offered
    3. 5.2.4.3 Key Developments
    4. 5.2.4.4 SWOT Analysis
    5. 5.2.4.5 Key Strategies
  5. 5.2.5 CP Foods (TH)
    1. 5.2.5.1 Financial Overview
    2. 5.2.5.2 Products Offered
    3. 5.2.5.3 Key Developments
    4. 5.2.5.4 SWOT Analysis
    5. 5.2.5.5 Key Strategies
  6. 5.2.6 Seafood Export Corporation (VN)
    1. 5.2.6.1 Financial Overview
    2. 5.2.6.2 Products Offered
    3. 5.2.6.3 Key Developments
    4. 5.2.6.4 SWOT Analysis
    5. 5.2.6.5 Key Strategies
  7. 5.2.7 Cermaq Group AS (NO)
    1. 5.2.7.1 Financial Overview
    2. 5.2.7.2 Products Offered
    3. 5.2.7.3 Key Developments
    4. 5.2.7.4 SWOT Analysis
    5. 5.2.7.5 Key Strategies
  8. 5.2.8 Grieg Seafood (NO)
    1. 5.2.8.1 Financial Overview
    2. 5.2.8.2 Products Offered
    3. 5.2.8.3 Key Developments
    4. 5.2.8.4 SWOT Analysis
    5. 5.2.8.5 Key Strategies
  9. 5.2.9 Bumble Bee Foods (US)
    1. 5.2.9.1 Financial Overview
    2. 5.2.9.2 Products Offered
    3. 5.2.9.3 Key Developments
    4. 5.2.9.4 SWOT Analysis
    5. 5.2.9.5 Key Strategies
3. 5.3 Appendix
  1. 5.3.1 References
  2. 5.3.2 Related Reports
6 LIST OF FIGURES
1. 6.1 MARKET SYNOPSIS
2. 6.2 US MARKET ANALYSIS BY SPECIES
3. 6.3 US MARKET ANALYSIS BY PRODUCT FORM
4. 6.4 US MARKET ANALYSIS BY DISTRIBUTION CHANNEL
5. 6.5 US MARKET ANALYSIS BY USE
6. 6.6 KEY BUYING CRITERIA OF CONSTRUCTION
7. 6.7 RESEARCH PROCESS OF MRFR
8. 6.8 DRO ANALYSIS OF CONSTRUCTION
9. 6.9 DRIVERS IMPACT ANALYSIS: CONSTRUCTION
10. 6.10 RESTRAINTS IMPACT ANALYSIS: CONSTRUCTION
11. 6.11 SUPPLY / VALUE CHAIN: CONSTRUCTION
12. 6.12 CONSTRUCTION, BY SPECIES, 2024 (% SHARE)
13. 6.13 CONSTRUCTION, BY SPECIES, 2024 TO 2035 (USD Billion)
14. 6.14 CONSTRUCTION, BY PRODUCT FORM, 2024 (% SHARE)
15. 6.15 CONSTRUCTION, BY PRODUCT FORM, 2024 TO 2035 (USD Billion)
16. 6.16 CONSTRUCTION, BY DISTRIBUTION CHANNEL, 2024 (% SHARE)
17. 6.17 CONSTRUCTION, BY DISTRIBUTION CHANNEL, 2024 TO 2035 (USD Billion)
18. 6.18 CONSTRUCTION, BY USE, 2024 (% SHARE)
19. 6.19 CONSTRUCTION, BY USE, 2024 TO 2035 (USD Billion)
20. 6.20 BENCHMARKING OF MAJOR COMPETITORS
7 LIST OF TABLES
1. 7.1 LIST OF ASSUMPTIONS
7.1.1
1. 7.2 US MARKET SIZE ESTIMATES; FORECAST
  1. 7.2.1 BY SPECIES, 2025-2035 (USD Billion)
  2. 7.2.2 BY PRODUCT FORM, 2025-2035 (USD Billion)
  3. 7.2.3 BY DISTRIBUTION CHANNEL, 2025-2035 (USD Billion)
  4. 7.2.4 BY USE, 2025-2035 (USD Billion)
2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
7.3.1
1. 7.4 ACQUISITION/PARTNERSHIP
7.4.1

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US Shrimp Market Segmentation

US Shrimp Market By Species (USD Billion, 2025-2035)

Penaeus vannamei
Penaeus monodon
Metapenaeus ensis
Litopenaeus setiferus

US Shrimp Market By Product Form (USD Billion, 2025-2035)

Frozen
Fresh
Canned
Cooked
Dried

US Shrimp Market By Distribution Channel (USD Billion, 2025-2035)

Supermarkets
Online Retail
Wholesale
Specialty Stores

US Shrimp Market By Use (USD Billion, 2025-2035)

Food Service
Retail
Industrial

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