SHRIMP MARKET ANALYSIS

Shrimp Market, By Source Type (Cold Water Shrimps, Hot Water Shrimps), By Species (Gulf Shrimps, Farmed Whiteleg Shrimps, Blue Shrimps, Ocean Shrimps, Royal Red Shrimps), By Form (Frozen, Canned, Peeled, Cooked, Shell-On, Others), By End use Industry (Food, Cosmetics, Pharmaceutical, Biotechnology and Life Sciences, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In August 2022, Thai Union Group PCL, a Thailand-based producer of seafood-based food products, announced its alliance with The ISH Food Company, a producer of sustainable and healthy plant-based food, and launched its product Shrimpish, a plant-based shrimp
In January 2022, Thai Union Group PCL announced a joint venture with R&B Food Supply and Srinivasa Cystine Private Limited to launch a new company focused on providing high-quality food ingredients to the Indian market
In March 2021, BioMar, a global leader in sustainable aquaculture feeds, supplying high-performance diets for more than 45 different fish and shrimp species, acquired a major share of Viet-Uc, a leading aquaculture industry player in Vietnam, to expand its presence in fish hatcheries, shrimp hatcheries industries, and shrimp farming
In March 2020, Sykes Seafood, a provider of a wide range of frozen fish and seafood, acquired Klaas Paul, a shrimp processor based in Europe. This initiative was taken to offer a wide range of frozen products to consumers through food service and retail.