The Infinium Global Research analyzes the Organic Shrimp Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global organic shrimp market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of organic shrimp. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the organic shrimp market during the period.
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Organic Shrimp Market: Insights
The nutritional benefits provided by organic shrimp such as iodine, selenium and improved heart health drive the growth of the market. The increasing demand for seafood worldwide promotes the controlled cultivation of aquatic organisms meant for human consumption. A study estimated that fish consumption in developing countries will reach around 98.6 million tons in 2020. The growing awareness about methods employed in aquatic farming contributes to the rising inclination toward aquaculture practices. Such a shift toward improved farming bolsters the expansion of the organic shrimp market. Further, the rising consumption of wholesome protein-rich products and the adoption of healthy lifestyle foods in the food and beverage industry stimulate the expansion of the organic shrimp market. Additionally, the transparency and clean packaging trend in the food and beverage industry leverage the growth of the organic shrimp market.
The growing popularity of seafood as a snack and focus on convenience packaging propel the growth organic shrimp market. Furthermore, the producers are adhering to different regulations set out by governing bodies and also they are keeping certifications and labels that pertain to them. This enhances the quality of organic shrimp and reduces consumer mistrust leading to the development of organic shrimp market. On the flip side, high market prices for organic shrimp restraints the growth of organic shrimp market. Moreover, the rising standardization of organic shrimp products creates several opportunities for the growth of the organic shrimp market.
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Asia-Pacific Region is Expected to Hold the Largest Share in the Global Organic Shrimp Market
Geographically, the global organic shrimp market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is expected to hold the largest share in the global organic shrimp market owing to growing awareness about the health benefits of organic food, increasing demand for convenient packaging, and rising focus on the quality of products in Asia-Pacific region led to the growth of organic shrimp market in the region. North America is anticipated to grow in the global organic shrimp market with a healthy CAGR over the forecast period. The growing sustainable farming, aquaculture, and rising consumption of seafood in North America contribute to the expansion of the organic shrimp market in North America. Europe has significant growth opportunities in the global organic shrimp market owing to a surge in demand for organic shrimp in the region.
Organic Shrimp Market: Segmentation
The report on global organic shrimp market covers segments such as species, form, and end-use. On the basis of species, the sub-markets include giant tiger prawn, and white leg shrimp. On the basis of form, the sub-markets include fresh, and processed. On the basis of end-use, the sub-markets include feed industry, food industry, foodservice providers, and retail.
Organic Shrimp Market: Competitive Landscape
The report provides profiles of the companies in the market such as Mseafood Corp., Omarsa S.A., Vinnbio India Pvt. Ltd., Ristic AG, Dom International Limited, Seajoy Seafood Corporation, ArtisanFish LLC, Carribbean Shrimp Company Limited, Orchid Marine, Ananda Group, and Other companies.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the organic shrimp.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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