| Product Code: ETC4707018 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s shrimp market witnessed an import trend with a growth rate of 6.07% from 2023 to 2024, while the compound annual growth rate (CAGR) for 2020-2024 stood at 2.66%. This import momentum was likely driven by a combination of factors such as evolving consumer preferences, changes in trade policies, or market recovery efforts.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Shrimp Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Shrimp Market - Industry Life Cycle |
3.4 Canada Shrimp Market - Porter's Five Forces |
3.5 Canada Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Canada Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Canada Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Canada Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Canada Shrimp Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming shrimp |
4.2.2 Growing demand for seafood products, including shrimp, in Canada |
4.2.3 Innovations in shrimp farming techniques leading to increased production |
4.3 Market Restraints |
4.3.1 Environmental concerns related to shrimp farming practices |
4.3.2 Fluctuations in shrimp prices due to supply chain disruptions |
4.3.3 Regulatory challenges in the shrimp farming industry |
5 Canada Shrimp Market Trends |
6 Canada Shrimp Market Segmentations |
6.1 Canada Shrimp Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Canada Shrimp Market Revenues & Volume, By Gulf Shrimps, 2021-2031F |
6.1.3 Canada Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2021-2031F |
6.1.4 Canada Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2021-2031F |
6.1.5 Canada Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2021-2031F |
6.1.6 Canada Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2021-2031F |
6.1.7 Canada Shrimp Market Revenues & Volume, By Blue Shrimps, 2021-2031F |
6.2 Canada Shrimp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Canada Shrimp Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Canada Shrimp Market Revenues & Volume, By Conventional, 2021-2031F |
6.3 Canada Shrimp Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Canada Shrimp Market Revenues & Volume, By Canned, 2021-2031F |
6.3.3 Canada Shrimp Market Revenues & Volume, By ? Breaded, 2021-2031F |
6.3.4 Canada Shrimp Market Revenues & Volume, By Peeled, 2021-2031F |
6.3.5 Canada Shrimp Market Revenues & Volume, By Cooked & Peeled, 2021-2031F |
6.3.6 Canada Shrimp Market Revenues & Volume, By Shell-On, 2021-2031F |
6.3.7 Canada Shrimp Market Revenues & Volume, By Frozen, 2021-2031F |
6.4 Canada Shrimp Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Canada Shrimp Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Canada Shrimp Market Revenues & Volume, By Indirect, 2021-2031F |
6.5 Canada Shrimp Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Canada Shrimp Market Revenues & Volume, By Food, 2021-2031F |
6.5.3 Canada Shrimp Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.5.4 Canada Shrimp Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.5.5 Canada Shrimp Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 Canada Shrimp Market Revenues & Volume, By Biotechnology, 2021-2031F |
7 Canada Shrimp Market Import-Export Trade Statistics |
7.1 Canada Shrimp Market Export to Major Countries |
7.2 Canada Shrimp Market Imports from Major Countries |
8 Canada Shrimp Market Key Performance Indicators |
8.1 Sustainability certifications obtained by shrimp farms in Canada |
8.2 Adoption rate of technology-driven practices in shrimp farming |
8.3 Consumer demand trends for different shrimp varieties |
8.4 Shrimp import/export data for Canada |
8.5 Percentage of Canadian restaurants offering shrimp dishes |
9 Canada Shrimp Market - Opportunity Assessment |
9.1 Canada Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Canada Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Canada Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Canada Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Canada Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Shrimp Market - Competitive Landscape |
10.1 Canada Shrimp Market Revenue Share, By Companies, 2024 |
10.2 Canada Shrimp Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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