Global Farmed Whiteleg Shrimps Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Farmed Whiteleg Shrimps Sales Market Report 2024
Market Analysis and InsightsGlobal Farmed Whiteleg Shrimps Market
Whiteleg shrimp (Litopenaeus vannamei, synonym Penaeus vannamei), also known as Pacific white shrimp or King prawn, is a species of prawn of the eastern Pacific Ocean commonly caught or farmed for food.
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. 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.
Due to the COVID-19 pandemic, the global Farmed Whiteleg Shrimps market size is estimated to be worth US$ 30020 million in 2022 and is forecast to a readjusted size of US$ 45380 million by 2033 with a CAGR of 6.1% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Seawater Aquaculture accounting for % of the Farmed Whiteleg Shrimps global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Food segment is altered to an % CAGR throughout this forecast period.
The top five producers of farmed whiteleg shrimps in the world include Charoen Pokphand Foods PCL, Cooke Aquaculture, Omarsa, Songa, Santa Priscila, with a combined market share of over 10%. The largest producer of them is Charoen Pokphand Foods PCL, with a market share of about 5%. China is the global leading producer of farmed whiteleg shrimp, with a market share of over 35%. In terms of type, seawater aquaculture has a market share of over 85%. In the field of application, the food industry has a market share of more than 90%.
Global Farmed Whiteleg Shrimps Scope and Market Size
The global Farmed Whiteleg Shrimps market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Farmed Whiteleg Shrimps market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
Seawater Aquaculture
Freshwater Aquaculture
Food
Pharmaceutical and Cosmetics
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
Charoen Pokphand Foods PCL
Cooke Aquaculture
Omarsa
Songa
Santa Priscila
Expalsa
Zhanjiang Guolian Aquatic
Proexpo
Quoc Viet
Avanti Feeds
Carribbean Shrimp Company
Ananda Group
Whiteleg shrimp (Litopenaeus vannamei, synonym Penaeus vannamei), also known as Pacific white shrimp or King prawn, is a species of prawn of the eastern Pacific Ocean commonly caught or farmed for food.
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. 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.
Due to the COVID-19 pandemic, the global Farmed Whiteleg Shrimps market size is estimated to be worth US$ 30020 million in 2022 and is forecast to a readjusted size of US$ 45380 million by 2033 with a CAGR of 6.1% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Seawater Aquaculture accounting for % of the Farmed Whiteleg Shrimps global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Food segment is altered to an % CAGR throughout this forecast period.
The top five producers of farmed whiteleg shrimps in the world include Charoen Pokphand Foods PCL, Cooke Aquaculture, Omarsa, Songa, Santa Priscila, with a combined market share of over 10%. The largest producer of them is Charoen Pokphand Foods PCL, with a market share of about 5%. China is the global leading producer of farmed whiteleg shrimp, with a market share of over 35%. In terms of type, seawater aquaculture has a market share of over 85%. In the field of application, the food industry has a market share of more than 90%.
Global Farmed Whiteleg Shrimps Scope and Market Size
The global Farmed Whiteleg Shrimps market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Farmed Whiteleg Shrimps market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
Seawater Aquaculture
Freshwater Aquaculture
Segment by Application
Food
Pharmaceutical and Cosmetics
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Charoen Pokphand Foods PCL
Cooke Aquaculture
Omarsa
Songa
Santa Priscila
Expalsa
Zhanjiang Guolian Aquatic
Proexpo
Quoc Viet
Avanti Feeds
Carribbean Shrimp Company
Ananda Group
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices