{"product_id":"europe-shrimp-market-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Europe Shrimp Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eEurope Shrimp Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nMarket Overview:\u003c\/p\u003e\n\n\u003cp\u003eThe Europe shrimp market size reached 846.8 Kilo Tons in 2022. Looking forward, IMARC Group expects the market to reach 950.8 Kilo Tons by 2028, exhibiting a growth rate (CAGR) of 1.99% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eShrimps are small marine animal with thin and fragile legs. They are generally found near the seafloor, in rivers, lakes, as well as in certain coasts. Shrimps are one of the most flavoured and delicious delicacies from the seafood congregate. They also play an important role in the food chain and are a vital source of food for larger animals like fish and whales. They are low in fat, high in protein and are a moderate source of omega-3 fats, altogether increasing their demand among the consumers. The rise in the demand can also be attributed to the benefits they provide like improved bone and brain health, weight management, lowered risk of cardiovascular disease, relieved eye fatigue and lowered blood pressure.\u003c\/p\u003e\n\n\u003cp\u003eA major catalyst driving the demand of shrimps in Europe are its numerous health and nutritional benefits. Shrimps contain astaxanthin, a carotenoid nutrient that can act as a potent antioxidant and protects skin from premature aging. They are also loaded with selenium, which activates the enzymes needed for healthy muscle metabolism and also activates the enzymes that fight cancer growth. Moreover, they serve as an excellent source of carbohydrate free food which can lead to weight loss. The demand of value added and convenient shrimp products is also witnessing strong growth. Ready-to-eat shrimp products comprise of products which are cooked, breaded, canned, etc. Most of these products are usually fully processed such as shrimp paste, chips and pickle. However, some products are half-cooked and require to be baked, fried or cooked like breaded or canned shrimp. The demand for cooked and breaded shrimp has risen over the past years. In Europe, consumers live hectic lives and feel considerable time pressure. As a result, they prefer meals that are easy to prepare and ready to cook. Moreover, there is a rising trend towards more ready-made shrimp products.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eIMARC Group provides an analysis of the key trends in each sub-segment of the Europe shrimp market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on environment, domestic production and imports, species, product categories and distribution channel.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Environment:\u003c\/p\u003e\n\n\u003cp\u003eFarmed\u003cbr\u003e\nWild\u003c\/p\u003e\n\n\u003cp\u003eWild shrimps currently dominate the market. \u003c\/p\u003e\n\n\u003cp\u003eBreakup by Domestic Production and Imports:\u003c\/p\u003e\n\n\u003cp\u003eDomestic Production\u003cbr\u003e\nImports\u003c\/p\u003e\n\n\u003cp\u003eThe European shrimp industry is largely dependent upon imports.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Species:\u003c\/p\u003e\n\n\u003cp\u003ePenaeus Vannamei\u003cbr\u003e\nPenaeus Monodon\u003cbr\u003e\nMacrobrachium Rosenbergii\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eCurrently, penaeus vannamei dominates the market, holding the largest share.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Product Categories:\u003c\/p\u003e\n\n\u003cp\u003ePeeled\u003cbr\u003e\nShell-on\u003cbr\u003e\nCooked\u003cbr\u003e\nBreaded\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eThe peeled category accounts the largest market share, representing the leading segment.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Distribution Channel:\u003c\/p\u003e\n\n\u003cp\u003eHypermarkets and Supermarkets\u003cbr\u003e\nConvenience Stores\u003cbr\u003e\nHotels and Restaurants\u003cbr\u003e\nOnline Stores\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eHypermarkets and Supermarkets currently represent the biggest segment. \u003c\/p\u003e\n\n\u003cp\u003eCompetitive Landscape:\u003c\/p\u003e\n\n\u003cp\u003eThe competitive landscape of the market has also been analyzed in the report, covering the detailed profiles of the major players operative in the industry.\u003c\/p\u003e\n\n\u003cp\u003eThis report provides a deep insight into the Europe shrimp market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Europe shrimp industry in any manner.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report:\u003c\/p\u003e\n\n\u003cp\u003eHow has the Europe shrimp market performed so far and how will it perform in the coming years?\u003cbr\u003e\nWhat has been the impact of COVID-19 on the Europe shrimp market?\u003cbr\u003e\nWhat is the breakup of the Europe shrimp market on the basis of environment?\u003cbr\u003e\nWhat is the breakup of the Europe shrimp market on the basis of domestic production and imports?\u003cbr\u003e\nWhat is the breakup of the Europe shrimp market on the basis of various species?\u003cbr\u003e\nWhat is the breakup of the Europe shrimp market on the basis of product categories?\u003cbr\u003e\nWhat is the breakup of the Europe shrimp market on the basis of distribution channel?\u003cbr\u003e\nWhat are the various stages in the value chain of the Europe shrimp market?\u003cbr\u003e\nWhat are the key driving factors and challenges in the Europe shrimp market?\u003cbr\u003e\nWhat is the structure of the Europe shrimp market and who are the key players?\u003cbr\u003e\nWhat is the degree of competition in the Europe shrimp market?\u003c\/p\u003e","brand":"Food","offers":[{"title":"May, 2023 \/ 143 Pages \/ MCW16202151","offer_id":47562960273714,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/europe-shrimp-market-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}