China Shrimp Market Share, Size, Trends, Growth | Industry Report By 2023

1. China Shrimp Market Report and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description China Shrimp Market Report By Shrimp Source (Farmed, Wild), by Domestic Production and Imports (Domestic Production, Imports), by Species (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii and Others ), Product Categories, Distribution Channel, Region The China shrimp market has witnessed positive growth in recent years on account of improving economic conditions, expanding middle-class and increasing government support for the promotion of sustainable shrimp farming. Market Overview: According to the latest report by IMARC Group, titled “China Shrimp Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the China shrimp market reached a volume of 1.8 Million Tons in 2017. China currently represents one of the largest markets for shrimp as they form a major part of the regional cuisine. Shrimp are a type of edible decapod crustaceans with a laterally compressed, elongated body and long antennae and legs. They have a low concentration of saturated fats and high amounts of iodine, vitamin B3, proteins, calcium, omega-3s, vitamin D and zinc. Owing to their high nutrient content, shrimp consumption helps in weight management, improves bone and brain health, relieves eye fatigue, and lowers blood pressure and the risk of cardiovascular diseases.

4. Report Description and Highlights Report Description • Market Trends: • At present, China accounts for a significant share of shrimp imports on account of expanding middle-class population which has led to an increase in the overall domestic consumption. Apart from this, the shrimp market has been gaining momentum on account of improvement in the economic scenario and the quality of life which has further led to a rise in the demand for seafood products. Moreover, government support aimed at promoting sustainable shrimp farming practices, enhancing product quality and encouraging product innovations are expected to drive the market over the next few years. Looking forward, the China shrimp market is expected to reach a volume of 2 Million Tons by 2023, registering a CAGR of 2% during 2018-2023. • China Shrimp Market Segmentation: • Market Segmentation by Shrimp Source • Farmed, • Wild • On the basis of shrimp source, the market has been bifurcated into farmed shrimp and wild shrimp. Currently, farmed shrimp dominate the China shrimp market, holding the largest share. • Request for a free sample report: https://www.imarcgroup.com/request?type=report&id=1096&flag=B

5. Market Forecast Sample Figure: China: Shrimp Market Forecast: Volumes (in Million Tons), 2018-2023

6. Market Segmentation Report Description • Market Segmentation by Domestic Production and Imports • Domestic Production • Imports • The shrimp market in China has been analyzed on the basis of domestic production and imports. At present, domestic production accounts for the majority of the shrimp consumption in the country. • Market Segmentation by Species • Penaeus Vannamei  • Penaeus Monodon • Macrobrachium Rosenbergii  • Others  • The market has been categorized on the basis of different species of shrimp available in China which mainly include penaeusvannamei, penaeus monodon, macrobrachiumrosenbergii and others. Amongst these, penaeusvannamei is the most common specie being consumed across the region.

7. Market Segmentation Report Description • Market Segmentation by Product Categories • Peeled • Shell-On • Cooked • Breaded • Others • Based on product categories, the market has been segregated as peeled, shell-on, cooked, breaded and others. Currently, peeled shrimp hold the majority of the market share. • Market Segmentation by Distribution Channel • Traditional Retail • Hypermarkets and Supermarkets • Convenience Stores • Hotels and Restaurants • Online Stores • Others 

8. Market Segmentation Report Description On the basis of distribution channels, the market has been segmented into specialized retailers, hotels and restaurants, supermarkets and hypermarkets, online and others. Amongst these, specialized retailers exhibit a clear dominance in the China shrimp market. Competitive Landscape: The competitive landscape of the China shrimp market has also been analyzed along with the profiles of the major players operative in the industry. For more information, please visit: https://www.imarcgroup.com/china-shrimp-market In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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12. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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