PUBLISHER: The Business Research Company | PRODUCT CODE: 1997812
PUBLISHER: The Business Research Company | PRODUCT CODE: 1997812
Frozen shrimp refers to shrimp that is captured, processed, and promptly frozen to retain its freshness and flavor. The high quality of frozen shrimp is maintained through immediate freezing after harvest, which effectively preserves its nutrients and taste.
The primary species of frozen shrimp include gulf shrimp, banded coral shrimp, giant tiger shrimp, ocean shrimp, farmed whiteleg shrimp, royal red shrimp, and blue shrimp. Gulf shrimp, found in the Gulf of Mexico, are renowned for their sweet flavor and firm texture. These shrimp varieties are available from various sources, including conventional and organic options, and find applications in industries such as food, pharmaceuticals, cosmetics, industrial uses, and biotechnology, distributed through both online and offline channels.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the frozen shrimp market by increasing costs of imported feed inputs, freezing machinery, packaging materials, and cold storage infrastructure. Export-dependent producers in Asia-Pacific and Latin America are most affected, while North America and Europe face higher import prices. These tariffs are compressing margins for exporters and distributors. At the same time, they are encouraging domestic value-added processing, regional market diversification, and investment in efficient shrimp farming systems.
The frozen shrimp market research report is one of a series of new reports from The Business Research Company that provides frozen shrimp market statistics, including frozen shrimp industry global market size, regional shares, competitors with a frozen shrimp market share, detailed frozen shrimp market segments, market trends and opportunities, and any further data you may need to thrive in the frozen shrimp industry. This frozen shrimp market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The frozen shrimp market size has grown strongly in recent years. It will grow from $25.57 billion in 2025 to $27.81 billion in 2026 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to expansion of aquaculture farming, rising global shrimp consumption, improved freezing and processing technologies, growth of international seafood trade, increased investment in shrimp processing facilities.
The frozen shrimp market size is expected to see strong growth in the next few years. It will grow to $38.83 billion in 2030 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to growing demand for certified sustainable shrimp, expansion of cold chain logistics, rising preference for convenience seafood products, increasing regulatory focus on food safety compliance, innovation in shrimp farming practices. Major trends in the forecast period include increasing adoption of individually quick frozen shrimp, rising demand for farmed shrimp varieties, growing emphasis on traceability and quality assurance, expansion of frozen shrimp product lines, enhanced focus on export-oriented processing.
The high demand for convenience foods is expected to propel the growth of the frozen shrimp market going forward. Convenience foods are ready-to-eat or easy-to-make meals that save cooking time and effort. The high demand for convenience foods is attributed to busy schedules and the need for fast, easy meal options, particularly among working individuals and families with limited time to cook. Frozen shrimp supports the convenience food segment by offering a versatile, time-saving, and consistently high-quality ingredient that extends shelf life and simplifies meal preparation. For instance, in April 2024, according to the National Association of Convenience Stores, a US-based association representing the convenience and fuel retailing industry, in 2023, foodservice sales, including prepared foods, commissary items, and dispensed beverages, accounted for 26.9% of in-store sales, up from 25.6% in 2022. Additionally, sales of prepared foods per store per month increased by 12.2% in 2023 compared to 2022. Therefore, the high demand for convenience foods is driving the frozen shrimp market.
Major companies operating in the frozen shrimp market are developing innovative products, such as frozen dumplings, to cater to the growing demand for convenient and high-quality seafood options that appeal to consumers seeking quick and easy meal solutions. Frozen dumplings are pre-made, often partially cooked products that are frozen to preserve freshness and extend shelf life. For instance, in May 2024, Sanquan Food Co. Ltd. and Synear, China-based frozen food manufacturers, introduced frozen shrimp dumplings marketed as nutritious options for children. These products target China's expanding kids' food market, which is experiencing rising demand for convenient, healthy, and appealing meal options.
In September 2025, Suempol Sp. z o.o., a Poland-based salmon and seafood processing company, acquired Van Biesen & Pieters for an undisclosed amount. Through this acquisition, Suempol aims to expand its frozen shrimp product portfolio, enhance shrimp preparation and distribution capabilities, and strengthen its position in the European seafood market. Van Biesen & Pieters is a Belgium-based shrimp-processing firm specializing in a variety of shrimp products, including wild-caught North Sea shrimp, and has established a strong reputation within the Belgian seafood industry.
Major companies operating in the frozen shrimp market are Thai Union Group PCL, Austevoll Seafood ASA, Pacific Seafood, High Liner Foods Inc., Royal Greenland A/S, Clearwater Seafoods, Devi Seafoods Ltd., Ocean Choice International, Omarsa S.A., Surapon Foods Plc., Apex Frozen Foods Limited, Aqua Star, Nordic Seafood A/S, Minh Phu Seafood Corporation, Blue Star Seafood Co. Ltd., SeaPak Shrimp Company, Grand Ocean Seafoods Co. Ltd., Charoen Pokphand Foods Public Co. Ltd., Zhanjiang Guolian Aquatic Products Co. Ltd., Avanti Feeds Limited, Nekkanti Sea Foods, Sandhya Aqua Export Pvt Ltd
Europe was the largest region in the frozen shrimp market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the frozen shrimp market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the frozen shrimp market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada
The frozen shrimp market consists of sales of raw frozen shrimp, cooked frozen shrimp, flavored or marinated shrimp, organic shrimp, blast freezers, vacuum-sealed bags, trays, boxes, cold storage facilities and warehouses, and containers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Frozen Shrimp Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses frozen shrimp market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for frozen shrimp ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The frozen shrimp market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.