Organic Shrimp Market to Grow at a CAGR of 7.7% to reach US$ 6.16 Billion from 2020 to 2027
The organic shrimp market was valued at US$ 3.40 billion in 2019 and is projected to reach US$ 6.16 billion by 2027; it is expected to grow at a CAGR of 7.7% during the forecast period.
There is unprecedented growth in the demand for certified organic food, and new areas of organic food production, such as seafood, are proving increasingly popular. About the Codex Alimentarius Commission, organic aquaculture refers to the production processes and practices of ecological production management systems that promote and enhance biodiversity, biological cycles, and biological activity. It is based on minimal use of off-farm inputs and on holistic management practices that restore, maintain, and enhance species diversity and ecological harmony. More generally, the primary goal of organic agriculture is to optimize the health and productivity of interdependent communities of soil life, plants, animals, and people..
Presently, APAC holds the largest share of the global organic shrimp market owing to growing awareness regarding the health benefits of the organic shrimp. The region has the presence of countries such as Bangladesh, India, Vietnam, Malaysia, Indonesia, and the Philippines, which are key exporters of organic shrimp globally. Moreover, the supportive government initiatives to expand the organic shrimp business is one of the major factors supporting the growth of organic shrimp market in the region. APAC accounted for 52.8% of the total market share in the year 2019. The companies operating in the market have an opportunity to expand their presence in APAC to achieve a significant market share.
The recent COVID-19 pandemic also has brought the overall wet market under the strict scrutiny of numerous government authorities. The spread of infection has also resulted in limited demand for wet market goods from the retail consumers. Moreover, the country-wide lockdown imposed in numerous countries have severely impacted the overall logistics and supply chain activities. However, the organic shrimp market in APAC has witnessed a mixed impact of the COVID-19 outbreak. For instance, India witnessed a decline in the demand for wet market-based goods and products resulting in the decline in the shrimp prices owing to limited exporting opportunities. Whereas, the Indonesian market hardly witnessed any impact in the demand for shrimps and the prices fell sharply owing to the abundant supply as the international exporting plummeted. China, which has emerged as the second-largest importer of shrimp after the US, also witnessed negligible decline in demand for shrimps following the pandemic. However, the country did impose import restriction on shrimps exported by selected Latin American countries due to detection of the virus in imported shrimps
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Organic Shrimp Market: Strategic Insights
Market Size Value in US$ 3.40 Billion in 2019 Market Size Value by US$ 6.16 Billion by 2027 Growth rate CAGR of 7.7% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Organic Shrimp Market: Strategic Insights
| Market Size Value in | US$ 3.40 Billion in 2019 |
| Market Size Value by | US$ 6.16 Billion by 2027 |
| Growth rate | CAGR of 7.7% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Market Insights
Increase in scope of application
As majority of aquaculture and marine based foods are extensively rich in numerous proteins, nutrients, minerals and other critical amino acids have resulted in their versatile benefits in commercial applications apart from consumption. Similarly, shrimps also owing to their rich proteins and nutrients are rich sources for numerous minerals, proteins, nutrients and omega fatty acids. For instance, the shrimps are commonly known for their low-calorie content along with rich sources several nutrients such as iodine, omega-3 fatty acids, Vitamin B12, Iron, Zinc, Phosphorus and others per 84 grams of the shrimp. Apart from its considerably vast scope of utility in the food industry, the shrimps also have extensive scope of commercial applications in cosmetics, pharmaceutical and other industries. For instance, the wasted shrimps’ scientists have been able to generate a specialized polymer extracted from shrimp shells capable of having wide range of applications in numerous personal care and other industrial product formulations. Whereas, Chitosan a linear polysaccharide compound present in the shrimps has profound scope of application across pharmaceutical products beneficial in treatment of high cholesterol, kidney failure, blood pressure, and numerous other treatments in humans. In addition to this, the shrimps also have abundant presence of antioxidants such as carotenoid which is also known as astaxanthin has tremendous application in minimizing several chronic diseases along with the reducing the changes of heart attacks and preventing damage to brain cells. Thus, scientists are continuously exploring other commercial applications of various other benefits that can be extracted from shrimps and subsequently anticipated to aid in the fueling the growth of the market during the coming years.
Source Insights
The organic shrimp market based on source has been segmented into cold water and warm water. In 2019, the cold water segment accounted for the largest share in the global Organic Shrimp market. The cold-water shrimp mainly feed on the zooplankton and are generally found on the water floor living for about eight years. The cold water-based shrimp are popularly used frozen and imported for their consumption in restaurants along with fresh consumption by the individuals in the retail sector. The cold water-based shrimp are known for their rich omega-3 fatty acids along with various other nutrients depending on their species. The cold-water shrimp generally are suitable for water temperature ranging between 0-8 degree Celsius and quickly grow within the span of six months. The most commonly available species among cold-water shrimp are known as Pandalus borealis and are extensively present across the North American and European regions.
Species Insights
The organic shrimp market based on species is segmented into gulf shrimps, farmed whiteleg shrimps, banded coral shrimps, royal red shrimps, and other species of shrimp. In 2019, the farmed whiteleg shrimps segment is dominating the Organic Shrimp market. The farmed whiteleg shrimp are one of the world’s most commonly available and popular species of the shrimp. The other commonly accepted names of the farmed whiteleg shrimp are Pacific white shrimp, king prawn or tiger prawn. Some of the major producing countries of this type of shrimp are Brazil, India, Philippines, Peru, China, Thailand, Malaysia, United States, and Indonesia among several other countries. The farmed whiteleg shrimp appear translucent white in colour and are generally confused with white-coloured Gulf Mexico. However, based on the shrimp feed, water turbidity and substratum the shrimp can also appear in different colour bands ranging from green, brown, red, grey, and transverse colour bands. In addition to this, the farmed whiteleg shrimp are one of the most traded aquaculture commodities in the Asia and continues to dominate the overall global market as well owing to its extensively popularity and production across the major countries worldwide. Thus, the farmed whiteleg shrimp is expected to provide substantial business opportunities for the market players during the coming years.
Application Insights
The organic shrimp market based on application is segmented into food, pharmaceuticals, cosmetics, and others. In 2019, the food segment is dominating the Organic Shrimp market. The food industry remains the undisputed market leader for the application of shrimp owing to its extensive popularity among sea food category and consumption in numerous cultures. Depending on the nature of food or beverages, the shrimp can be either consumed fresh or frozen shrimp products and are extensively popular among sushi restaurants. In retail food industry, the frozen shrimp are the most commonly available form of the products present throughout the year for varying shrimp species. Owing to their extensive rich nutrients, proteins and low-calorie value their have gained unprecedented popularity among the international market in different food industry verticals. Though the shrimp are popular among larger masses irrespective of source, however, the recent change in lifestyle inclined towards healthy eating habits and practices has fueled the demand for organic shrimp especially across the US and Western European countries.
Cooke Inc., Nippon Suisan Kaisha, Ltd., amongst others are the key players present in the global Organic Shrimp market. These companies are implementing new product development and mergers and acquisition strategies to enlarge the customer base and gain significant market share across the world, which, in turn permit the players to maintain their brand name globally.
Organic Shrimp Market Report Scope
Report Spotlights
- Progressive industry trends in the global organic shrimp market help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global organic shrimp market from 2017 to 2027
- Estimation of global organic shrimp demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and global organic shrimp demand
- Market trends and outlook coupled with factors driving and restraining the growth of the global organic shrimp market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global organic shrimp market growth
- Global Organic Shrimp market size at various nodes of market
- Detailed overview and segmentation of the global organic shrimp market, as well as its dynamics in the industry
- Global organic shrimp market size in various regions with promising growth opportunities
Global Organic Shrimp Market – By Source
- Cold Water
- Warm Water
Global Organic Shrimp Market, by
Species- Gulf Shrimps
- Farmed Whiteleg Shrimps
- Banded Coral Shrimps
- Royal Red Shrimps
- Others
Global Organic Shrimp Market, by
Application- Food
- Pharmaceutical
- Cosmetics
- Others
Company Profiles
- Charoen Pokphand Foods PCL
- High Liner Foods Incorporated
- Maruha Nichiro Corporation
- BLUE STAR SEAFOOD CO. LTD. (Blue Snow Food Co, Ltd.)
- The Clover Leaf Seafoods Family
- Nippon Suisan Kaisha, Ltd
- Royal Greenland A/S
- Cooke Aquaculture
- Seacore Seafood Inc.
- Omarsa S.A.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Source , Species , Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Organic Shrimps Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia-Pacific – PEST Analysis
4.2.4 MEA– PEST Analysis
4.2.5 SAM– PEST Analysis
5. Organic Shrimp Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in demand from Western countries continue to propel the market growth
5.1.2 Increase in scope of application
5.2 Market Restraints
5.2.1 Hygiene and quality of imported shrimp along with illegal trade practices in shrimp farming
5.3 Market Opportunities
5.3.1 Emerging organic shrimp farming facilities in the Asian countries
5.4 Future Trends
5.4.1 Popularity of aquaculture to facilitate the adoption of organic shrimp
5.5 Impact Analysis of Drivers and Restraints
5.6 Ecosystem Analysis
5.7 Expert Opinion
6. Organic Shrimp Market – Global Analysis
6.1 Organic Shrimp Market Global Overview
6.2 Market Positioning – Five Key Players
7. Organic Shrimp Market Analysis – By Source
7.1 Overview
7.2 Organic shrimp Market, by Source (2019 and 2027)
7.3 Cold Water
7.3.1 Overview
7.3.2 Cold Water: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Warm Water
7.4.1 Overview
7.4.2 Warm Water: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
8. Organic Shrimp Market Analysis – By Species
8.1 Overview
8.2 Organic shrimp Market, by Deployment Type (2019 and 2027)
8.3 Gulf Shrimps
8.3.1 Overview
8.3.2 Gulf Shrimps: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Farmed Whiteleg Shrimps
8.4.1 Overview
8.4.2 Farmed Whiteleg Shrimps: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Banded Coral Shrimps
8.5.1 Overview
8.5.2 Banded Coral Shrimps: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Royal Red Shrimps
8.6.1 Overview
8.6.2 Royal Red Shrimps: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
9. Organic Shrimp Market Analysis – By Application
9.1 Overview
9.2 Organic shrimp Market, by Application (2019 and 2027)
9.3 Food
9.3.1 Overview
9.3.2 Food: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Pharmaceutical
9.4.1 Overview
9.4.2 Pharmaceutical: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Cosmetics
9.5.1 Overview
9.5.2 Cosmetics: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10. Organic Shrimp Market – Geographic Analysis
10.1 Overview
10.2 North America: Organic shrimp Market
10.2.1 North America: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Organic shrimp Market, By Source
10.2.3 North America: Organic shrimp Market, By Species
10.2.4 North America: Organic shrimp Market, By Application
10.2.5 North America: Organic shrimp Market, By Country
10.2.5.1 US: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Organic shrimp Market, by Source
10.2.5.1.2 US: Organic shrimp Market, by Species
10.2.5.1.3 US: Organic shrimp Market, by Application
10.2.5.2 Canada: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Organic shrimp Market, by Source
10.2.5.2.2 Canada: Organic shrimp Market, by Species
10.2.5.2.3 Canada: Organic shrimp Market, by Application
10.2.5.3 Mexico: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Organic shrimp Market, by Source
10.2.5.3.2 Mexico: Organic shrimp Market, by Species
10.2.5.3.3 Mexico: Organic shrimp Market, by Application
10.3 Europe: Organic shrimp Market)
10.3.1 Europe: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Organic shrimp Market, By Source
10.3.3 Europe: Organic shrimp Market, By Species
10.3.4 Europe: Organic shrimp Market, By Application
10.3.5 Europe: Organic shrimp Market, By Country
10.3.5.1 Germany: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Organic shrimp Market, by Source
10.3.5.1.2 Germany: Organic shrimp Market, by Species
10.3.5.1.3 Germany: Organic shrimp Market, by Application
10.3.5.2 France: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Organic shrimp Market, by Source
10.3.5.2.2 France: Organic shrimp Market, by Species
10.3.5.2.3 France: Organic shrimp Market, by Application
10.3.5.3 Italy: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Organic shrimp Market, by Source
10.3.5.3.2 Italy: Organic shrimp Market, by Species
10.3.5.3.3 Italy: Organic shrimp Market, by Application
10.3.5.4 UK: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Organic shrimp Market, by Source
10.3.5.4.2 UK: Organic shrimp Market, by Species
10.3.5.4.3 UK: Organic shrimp Market, by Application
10.3.5.5 Russia: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Organic shrimp Market, by Source
10.3.5.5.2 Russia: Organic shrimp Market, by Species
10.3.5.5.3 Russia: Organic shrimp Market, by Application
10.3.5.6 Rest of Europe: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Organic shrimp Market, by Source
10.3.5.6.2 Rest of Europe: Organic shrimp Market, by Species
10.3.5.6.3 Rest of Europe: Organic shrimp Market, by Application
10.4 APAC: Organic shrimp Market
10.4.1 APAC: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Organic shrimp Market, By Source
10.4.3 APAC: Organic shrimp Market, By Species
10.4.4 APAC: Organic shrimp Market, By Application
10.4.5 APAC: Organic shrimp Market, By Country
10.4.5.1 China: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 China: Organic shrimp Market, by Source
10.4.5.1.2 China: Organic shrimp Market, by Species
10.4.5.1.3 China: Organic shrimp Market, by Application
10.4.5.2 India: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 India: Organic shrimp Market, by Source
10.4.5.2.2 India: Organic shrimp Market, by Species
10.4.5.2.3 India: Organic shrimp Market, by Application
10.4.5.3 Japan: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 Japan: Organic shrimp Market, by Source
10.4.5.3.2 Japan: Organic shrimp Market, by Species
10.4.5.3.3 Japan: Organic shrimp Market, by Application
10.4.5.4 South Korea: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 South Korea: Organic shrimp Market, by Source
10.4.5.4.2 South Korea: Organic shrimp Market, by Species
10.4.5.4.3 South Korea: Organic shrimp Market, by Application
10.4.5.5 Australia: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 Australia: Organic shrimp Market, by Source
10.4.5.5.2 Australia: Organic shrimp Market, by Species
10.4.5.5.3 Australia: Organic shrimp Market, by Application
10.4.5.6 Rest of APAC: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Organic shrimp Market, by Source
10.4.5.6.2 Rest of APAC: Organic shrimp Market, by Species
10.4.5.6.3 Rest of APAC: Organic shrimp Market, by Application
10.5 MEA: Organic shrimp Market
10.5.1 MEA: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Organic shrimp Market, By Source
10.5.3 MEA: Organic shrimp Market, By Species
10.5.4 MEA: Organic shrimp Market, By Application
10.5.5 MEA: Organic shrimp Market, By Country
10.5.5.1 UAE: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 UAE: Organic shrimp Market, by Source
10.5.5.1.2 UAE: Organic shrimp Market, by Species
10.5.5.1.3 UAE: Organic shrimp Market, by Application
10.5.5.2 Saudi Arabia: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Organic shrimp Market, by Source
10.5.5.2.2 Saudi Arabia: Organic shrimp Market, by Species
10.5.5.2.3 Saudi Arabia: Organic shrimp Market, by Application
10.5.5.3 South Africa: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 South Africa: Organic shrimp Market, by Source
10.5.5.3.2 South Africa: Organic shrimp Market, by Species
10.5.5.3.3 South Africa: Organic shrimp Market, by Application
10.5.5.4 Rest of MEA: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Organic shrimp Market, by Source
10.5.5.4.2 Rest of MEA: Organic shrimp Market, by Species
10.5.5.4.3 Rest of MEA: Organic shrimp Market, by Application
10.6 SAM: Organic shrimp Market
10.6.1 SAM: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: Organic shrimp Market, By Source
10.6.3 SAM: Organic shrimp Market, By Species
10.6.4 SAM: Organic shrimp Market, By Application
10.6.5 SAM: Organic shrimp Market, By Country
10.6.5.1 Brazil: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Organic shrimp Market, by Source
10.6.5.1.2 Brazil: Organic shrimp Market, by Species
10.6.5.1.3 Brazil: Organic shrimp Market, by Application
10.6.5.2 Argentina: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Organic shrimp Market, by Source
10.6.5.2.2 Argentina: Organic shrimp Market, by Species
10.6.5.2.3 Argentina: Organic shrimp Market, by Application
10.6.5.3 Rest of SAM: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Organic shrimp Market, by Source
10.6.5.3.2 Rest of SAM: Organic shrimp Market, by Species
10.6.5.3.3 Rest of SAM: Organic shrimp Market, by Application
11. Impact of COVID-19 Pandemic on Global Organic shrimp Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East & Africa: Impact assessment of COVID-19 Pandemic
11.5 South Africa: Impact assessment of COVID-19 Pandemic
12. Industry Landscapes
12.1 Market Initiative
13. Company Profiles
13.1 Charoen Pokphand Foods PCL
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 High Liner Foods Incorporated
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Maruha Nichiro Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 BLUE STAR SEAFOOD CO. LTD.(Blue Snow Food Co, Ltd.)
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 The Clover Leaf Seafoods Family
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Nippon Suisan Kaisha, Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Royal Greenland A/S
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Cooke Aquaculture
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Seacore Seafood Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Omarsa S.A.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Global Organic shrimp Market, By Region – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 5. North America Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 6. North America Organic shrimp Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 7. US Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 8. US Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 9. US Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 12. Canada Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 15. Mexico Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 17. Europe Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 18. Europe Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 19. Europe Organic shrimp Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 20. Germany Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 21. Germany Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 22. Germany Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 23. France Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 24. France Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 25. France Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 26. Italy Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 27. Italy Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 28. Italy Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 29. UK Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 30. UK Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 31. UK Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 32. Russia Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 33. Russia Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 34. Russia Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest Of Europe Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest Of Europe Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest Of Europe Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 38. APAC Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 39. APAC Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 40. APAC Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 41. APAC Organic shrimp Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 42. China Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 43. China Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 44. China Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 45. India Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 46. India Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 47. India Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 48. Japan Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 49. Japan Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 50. Japan Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 51. South Korea Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 52. South Korea Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 53. South Korea Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 54. Australia Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 55. Australia Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 56. Australia Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 57. Rest Of APAC Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 58. Rest Of APAC Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 59. Rest Of APAC Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 60. MEA Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 61. MEA Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 62. MEA Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 63. MEA Organic shrimp Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 64. UAE Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 65. UAE Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 66. UAE Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 67. Saudi Arabia Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 68. Saudi Arabia Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 69. Saudi Arabia Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 70. South Africa Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 71. South Africa Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 72. South Africa Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 73. Rest Of MEA Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 74. Rest Of MEA Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 75. Rest Of MEA Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 76. SAM Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 77. SAM Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 78. SAM Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 79. SAM Organic shrimp Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 80. Brazil Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 81. Brazil Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 82. Brazil Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 83. Argentina Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 84. Argentina Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 85. Rest of SAM Organic shrimp Market, By Source – Revenue and Forecast to 2027 (US$ Million)
Table 86. Rest of SAM Organic shrimp Market, By Species – Revenue and Forecast to 2027 (US$ Million)
Table 87. Rest of SAM Organic shrimp Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 88. List of Abbreviation
LIST OF FIGURES
Figure 1. Organic Shrimps Market Segmentation
Figure 2. Organic Shrimps Market Segmentation – By Geography
Figure 3. Global Organic Shrimp Market Overview
Figure 4. Global Organic Shrimp Market – Geography Analysis
Figure 5. Global Organic Shrimp Market – Source Analysis
Figure 6. Global Organic Shrimp Market – Species Analysis
Figure 7. Global Organic Shrimp Market – Application Analysis
Figure 8. North America – PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. Asia-Pacific – PEST Analysis
Figure 11. MEA– PEST Analysis
Figure 12. SAM– PEST Analysis
Figure 13. Organic shrimp Market Impact Analysis of Drivers and Restraints
Figure 14. Ecosystem Analysis
Figure 15. Expert Opinion
Figure 16. Geographic Overview of Organic Shrimp Market
Figure 17. Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 18. Organic Shrimp Market Revenue Share, by Component (2019 and 2027)
Figure 19. Cold Water: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Warm Water: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Organic Shrimp Market Revenue Share, by Species (2019 and 2027)
Figure 22. Gulf Shrimps: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Farmed Whiteleg Shrimps: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Banded Coral Shrimps: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Royal Red Shrimps: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Others: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Organic Shrimp Market Revenue Share, by Application (2019 and 2027)
Figure 28. Food: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Pharmaceutical: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Cosmetics: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Others: Organic Shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Global Organic shrimp Market Revenue Share, By Region (2019 and 2027)
Figure 33. North America: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. North America Organic shrimp Market Revenue Share, By Source (2019 and 2027)
Figure 35. North America Organic shrimp Market Revenue Share, By Species (2019 and 2027)
Figure 36. North America Organic shrimp Market Revenue Share, By Application (2019 and 2027)
Figure 37. North America Organic shrimp Market Revenue Share, By Country (2019 and 2027)
Figure 38. US: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Canada: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. Mexico: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Europe: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Europe: Organic shrimp Market Revenue Share, By Source (2019 and 2027)
Figure 43. Europe: Organic shrimp Market Revenue Share, By Species (2019 and 2027)
Figure 44. Europe: Organic shrimp Market Revenue Share, By Application (2019 and 2027)
Figure 45. Europe: Organic shrimp Market Revenue Share, By Country (2019 and 2027)
Figure 46. Germany: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. France: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Italy: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. UK: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Russia: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. Rest Of Europe: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. APAC: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. APAC: Organic shrimp Market Revenue Share, By Source (2019 and 2027)
Figure 54. APAC: Organic shrimp Market Revenue Share, By Species (2019 and 2027)
Figure 55. APAC: Organic shrimp Market Revenue Share, By Application (2019 and 2027)
Figure 56. APAC: Organic shrimp Market Revenue Share, By Country (2019 and 2027)
Figure 57. China: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. India: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. Japan: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. South Korea: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. Australia: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. Rest of APAC: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. MEA: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 64. MEA: Organic shrimp Market Revenue Share, By Source (2019 and 2027)
Figure 65. MEA: Organic shrimp Market Revenue Share, By Species (2019 and 2027)
Figure 66. MEA: Organic shrimp Market Revenue Share, By Application (2019 and 2027)
Figure 67. MEA: Organic shrimp Market Revenue Share, By Country (2019 and 2027)
Figure 68. UAE: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 69. Saudi Arabia: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 70. South Africa: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 71. Rest Of MEA: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 72. SAM: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 73. SAM: Organic shrimp Market Revenue Share, By Source (2019 and 2027)
Figure 74. SAM: Organic shrimp Market Revenue Share, By Species (2019 and 2027)
Figure 75. SAM: Organic shrimp Market Revenue Share, By Application (2019 and 2027)
Figure 76. SAM: Organic shrimp Market Revenue Share, By Country (2019 and 2027)
Figure 77. Brazil: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 78. Argentina: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 79. Rest of SAM: Organic shrimp Market – Revenue and Forecast to 2027 (US$ Million)
Figure 80. Impact of COVID-19 Pandemic in North American Markets
Figure 81. Impact of COVID-19 Pandemic in European Markets
Figure 82. Impact of COVID-19 Pandemic in Asia Pacific Markets
Figure 83. Impact of COVID-19 Pandemic in Middle East & Arica Markets
Figure 84. Impact of COVID-19 Pandemic in South Africa Markets
The List of Companies - Organic Shrimp Market
- Charoen Pokphand Foods PCL
- High Liner Foods Incorporated
- Maruha Nichiro Corporation
- BLUE STAR SEAFOOD CO. LTD. (Blue Snow Food Co, Ltd.)
- The Clover Leaf Seafoods Family
- Nippon Suisan Kaisha, Ltd
- Royal Greenland A/S
- Cooke Aquaculture
- Seacore Seafood Inc
- Omarsa S.A.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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