Product Code: ETC094280 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United States of America Shrimp Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 3.59% in 2025, the market peaks at 3.59% in 2026, and settles at 3.06% by 2029.
The United States shrimp market is a significant sector within the seafood industry, driven by high consumer demand for shrimp products. The market encompasses a variety of shrimp species, including white shrimp, brown shrimp, and pink shrimp, sourced domestically and imported from countries like India, Indonesia, and Ecuador. Key market trends include a shift towards sustainable and traceable shrimp sourcing, driven by consumer preferences for environmentally friendly and ethically sourced products. The market is also influenced by factors such as fluctuations in shrimp prices, changes in regulations related to aquaculture practices, and the impact of global trade dynamics. With a high level of competition among domestic and international suppliers, companies in the US shrimp market are focusing on product innovation, branding, and marketing strategies to differentiate themselves and capture market share.
The United States shrimp market is experiencing several key trends. Firstly, there is a growing demand for sustainably sourced shrimp, with consumers increasingly seeking products that are certified as environmentally friendly and ethically sourced. Secondly, there is a shift towards value-added shrimp products, such as pre-cooked or seasoned shrimp, as consumers look for convenience and variety in their seafood choices. Additionally, the rise of online grocery shopping and meal kit delivery services has led to an increase in the availability of shrimp products through e-commerce channels. Lastly, fluctuations in shrimp prices due to factors like supply chain disruptions and currency fluctuations are impacting the market dynamics, leading to potential challenges for both suppliers and consumers in the US shrimp market.
In the United States shrimp market, some of the key challenges include increasing competition from imported shrimp, fluctuating prices due to factors like weather conditions and disease outbreaks affecting shrimp supply, and concerns about sustainability and ethical sourcing practices. Additionally, the industry faces regulatory challenges related to food safety standards and environmental regulations. Consumer preferences for wild-caught shrimp over farmed varieties further impact market dynamics. Moreover, the impact of global events, such as trade tensions and the COVID-19 pandemic, has also disrupted the supply chain and demand patterns in the US shrimp market. Addressing these challenges requires industry players to innovate in sourcing, production methods, and marketing strategies to remain competitive and meet evolving consumer expectations.
In the US shrimp market, there are several investment opportunities to consider. One option is investing in shrimp aquaculture operations, which have been growing in response to increasing consumer demand for sustainable seafood. Another opportunity lies in shrimp processing and distribution companies that are leveraging technology and innovation to improve efficiency and meet the demand for high-quality shrimp products. Additionally, investing in companies that focus on shrimp breeding and genetics can offer potential for growth as they work to develop disease-resistant and high-yielding shrimp varieties. With the US being one of the largest consumers of shrimp globally, there is a steady demand for shrimp products, making the market attractive for investors looking to capitalize on the seafood industry`s growth potential.
The US government implements various policies to regulate and support the shrimp market. These policies include import regulations to ensure food safety standards are met, such as the Seafood Import Monitoring Program which tracks seafood imports to prevent illegal, unreported, and unregulated fishing practices. Additionally, the government provides subsidies and support to domestic shrimp producers to maintain competitiveness in the global market. Environmental regulations also play a role, with measures in place to protect shrimp habitats and promote sustainable fishing practices. Overall, government policies in the US shrimp market focus on ensuring quality and sustainability while supporting domestic producers in a competitive global marketplace.
The future outlook for the United States shrimp market is positive, driven by factors such as increasing consumer demand for seafood, health-conscious dietary trends, and the growing popularity of shrimp as a versatile protein source. The market is expected to see sustained growth due to rising disposable incomes, changes in eating habits, and the influence of diverse cuisines incorporating shrimp. Additionally, advancements in aquaculture technologies and sustainable shrimp farming practices are likely to ensure a stable supply chain and meet the growing demand for high-quality, ethically sourced shrimp products. Overall, the US shrimp market is poised for continued expansion, offering opportunities for market players to innovate, diversify product offerings, and capitalize on evolving consumer preferences.
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 United States (US) Shrimp Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Shrimp Market - Industry Life Cycle |
3.4 United States (US) Shrimp Market - Porter's Five Forces |
3.5 United States (US) Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 United States (US) Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 United States (US) Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 United States (US) Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 United States (US) Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 United States (US) Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Shrimp Market Trends |
6 United States (US) Shrimp Market, By Types |
6.1 United States (US) Shrimp Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Shrimp Market Revenues & Volume, By Species, 2018 - 2027F |
6.1.3 United States (US) Shrimp Market Revenues & Volume, By Gulf Shrimps, 2018 - 2027F |
6.1.4 United States (US) Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2018 - 2027F |
6.1.5 United States (US) Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2018 - 2027F |
6.1.6 United States (US) Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2018 - 2027F |
6.1.7 United States (US) Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2018 - 2027F |
6.1.8 United States (US) Shrimp Market Revenues & Volume, By Blue Shrimps, 2018 - 2027F |
6.2 United States (US) Shrimp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Shrimp Market Revenues & Volume, By Organic, 2018 - 2027F |
6.2.3 United States (US) Shrimp Market Revenues & Volume, By Conventional, 2018 - 2027F |
6.3 United States (US) Shrimp Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Shrimp Market Revenues & Volume, By Canned, 2018 - 2027F |
6.3.3 United States (US) Shrimp Market Revenues & Volume, By Breaded, 2018 - 2027F |
6.3.4 United States (US) Shrimp Market Revenues & Volume, By Peeled, 2018 - 2027F |
6.3.5 United States (US) Shrimp Market Revenues & Volume, By Cooked & Peeled, 2018 - 2027F |
6.3.6 United States (US) Shrimp Market Revenues & Volume, By Shell-On, 2018 - 2027F |
6.3.7 United States (US) Shrimp Market Revenues & Volume, By Frozen, 2018 - 2027F |
6.4 United States (US) Shrimp Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Shrimp Market Revenues & Volume, By Direct, 2018 - 2027F |
6.4.3 United States (US) Shrimp Market Revenues & Volume, By Indirect, 2018 - 2027F |
6.5 United States (US) Shrimp Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 United States (US) Shrimp Market Revenues & Volume, By Food, 2018 - 2027F |
6.5.3 United States (US) Shrimp Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.5.4 United States (US) Shrimp Market Revenues & Volume, By Cosmetics, 2018 - 2027F |
6.5.5 United States (US) Shrimp Market Revenues & Volume, By Industrial, 2018 - 2027F |
6.5.6 United States (US) Shrimp Market Revenues & Volume, By Biotechnology, 2018 - 2027F |
7 United States (US) Shrimp Market Import-Export Trade Statistics |
7.1 United States (US) Shrimp Market Export to Major Countries |
7.2 United States (US) Shrimp Market Imports from Major Countries |
8 United States (US) Shrimp Market Key Performance Indicators |
9 United States (US) Shrimp Market - Opportunity Assessment |
9.1 United States (US) Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 United States (US) Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 United States (US) Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 United States (US) Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 United States (US) Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Shrimp Market - Competitive Landscape |
10.1 United States (US) Shrimp Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Shrimp Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |