Shrimp Market To Expand Industry Growth At USD 85.99 Billion By 2030
San Francisco, 20 March 2023: The Report Shrimp Market Size, Share & Trends Analysis Report By Species (L. vannamei, P. monodon) By Source (Wild, Aquaculture), By Form, By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2030 The global shrimp market size was estimated to reach USD 85.99 billion in 2030 and is expected to expand at a CAGR of 5.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. Shrimps are widely available in food stores and it provides various nutrients such as high in protein, selenium, and phosphorus. Due to this, shrimp is a delicacy for consumers all across the globe, thus driving the market growth. However, shrimp tends to lose its natural taste and texture due to the preservation process which remains a concern among consumers, remaining an obstacle to its growth. The growth of the global shrimp industry continues to bank on the growing demand for shrimp with increased production. Shrimp is widely used in a divers