GCC Prawn Market Overview:
The GCC prawn market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Prawns refer to crustaceans naturally found in calmer waters, wherein they lay their eggs among aquatic plants. They are one of the most commonly used seafood products in making soups, salads, sushi, curries, and pasta. Some popularly consumed prawn variants include jumbo tiger, wild carabineros, tiger, brown, cocktail, langoustine, wild Argentinian, and Gambero Rosso prawns. The regular consumption of prawns has been associated with fighting Alzheimer’s disease, building strong bones, preventing cancer, and maintaining heart health. They help improve skin texture, control active white blood cells, and boost muscular metabolism, as they are rich in selenium and antioxidants. Since they also aid in strengthening the immune system, prawns are gaining immense traction across the GCC countries.
The GCC prawn market is primarily driven by the rising product utilization in the preparation of various cuisines. Moreover, the introduction of processed prawns in ready-to-eat (RTE) packaging and prolonged shelf life is positively influencing the market growth. Additionally, prawns are one of the most popular seafood items as they a rich source of proteins and vitamins A, D, E, B1, B2, and B3. In line with this, the increasing incorporation of animal protein in regular diet plans due to the shifting consumer preferences toward protein-based diets has augmented the product demand. Besides this, the rising willingness among individuals to experiment with international cuisines is another major growth-inducing factor. Along with this, the shifting consumer inclination toward the consumption of seafood owing to rising health consciousness has catalyzed market growth. Furthermore, the expanding marine and inland water infrastructures and significant improvements in cold storage facilities are contributing to the market growth. Apart from this, the rising penetration of prawns in the food service sector across various GCC countries due to the convenience of usage is propelling the market growth. Other factors, including the escalating demand for organic prawns, increasing prevalence of lifestyle diseases, changing dietary patterns, busy schedules, inflating consumer disposable incomes, and rapid expansion of the food service sector, are also anticipated to drive the market further.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC prawn market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC prawn market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC prawn market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC prawn market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC prawn market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC prawn market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC prawn market industry. Furthermore, the value chain analysis of the GCC prawn market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
GCC Prawn Market Segment Insights:
The GCC Prawn market has been analysed as followed:
By Species:
By Prawn Size:
By Country:
Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.
Competative Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Highlights of the GCC Prawn Market Report:
Report Customization:
The GCC prawn market report can be customized to as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.
1 Introduction
1.1 Research Objectives
1.2 Stakeholders
1.3 Scope of the Report
1.4 Assumptions and Limitations
2 Research Methodology
2.1 Data Collection
2.1.1 Primary Sources
2.1.2 Secondary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Validation
3 Executive Summary
4 Global Prawn Market
4.1 Historical Market Trend
4.2 Market Segmentation by Region
4.3 Market Outlook
5 GCC Prawn Market
5.1 Industry Overview
5.2 Key Industry Developments
5.3 Market Trends
5.3.1 Key Market Indicators
5.3.2 Historical Market Trends
5.3.3 Market Outlook
6 GCC Prawn Market Segmentation by Country
6.1 Saudi Arabia
6.1.1 Historical Market Trends
6.1.2 Market Outlook
6.2 United Arab Emirates
6.2.1 Historical Market Trends
6.2.2 Market Outlook
6.3 Qatar
6.3.1 Historical Market Trends
6.3.2 Market Outlook
6.4 Kuwait
6.4.1 Historical Market Trends
6.4.2 Market Outlook
6.5 Oman
6.5.1 Historical Market Trends
6.5.2 Market Outlook
6.6 Bahrain
6.6.1 Historical Market Trends
6.6.2 Market Outlook
7 GCC Prawn Market Segmentation by Species
7.1 Litopenaeus Vannamei
7.1.1 Historical Market Trends
7.1.2 Market Outlook
7.2 Penaeus Monodon
7.2.1 Historical Market Trends
7.2.2 Market Outlook
7.3 Other
7.3.1 Historical Market Trends
7.3.2 Market Outlook
8 GCC Prawn Market Segmentation by Prawn Size
8.1 <21
8.1.1 Historical Market Trends
8.1.2 Market Outlook
8.2 21-25
8.2.1 Historical Market Trends
8.2.2 Market Outlook
8.3 26-30
8.3.1 Historical Market Trends
8.3.2 Market Outlook
8.4 31-40
8.4.1 Historical Market Trends
8.4.2 Market Outlook
8.5 41-50
8.5.1 Historical Market Trends
8.5.2 Market Outlook
8.6 51-60
8.6.1 Historical Market Trends
8.6.2 Market Outlook
8.7 61-70
8.7.1 Historical Market Trends
8.7.2 Market Outlook
8.8 >70
8.8.1 Historical Market Trends
8.8.2 Market Outlook
9 GCC Prawn Industry: Market Dynamics
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 GCC Prawn Industry: Value Chain Analysis
10.1 Overview
10.2 Research and Development
10.3 Raw Material Suppliers
10.4 Inbound Logistics
10.5 Production
10.6 Marketing
10.7 Outbound Logistics
10.8 Consumers
11 GCC Prawn Industry: Porter’s Five Forces Analysis
11.1 Overview
11.2 Threat of New Entrants
11.3 Threat of Substitutes
11.4 Bargaining Power of Buyers
11.5 Bargaining Power of Suppliers
11.6 Intensity of Rivalry
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Key Success Factors
13 Key Player Profiles
List of Figures
Figure 1: Global: Prawn Market: Sales Value (in Billion US$), 2017-2022
Figure 2: Global: Prawn Market: Segmentation by Region (in %), 2022
Figure 3: Global: Prawn Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 4: GCC: Prawn Market: Sales Value (in Billion US$), 2017-2022
Figure 5: GCC: Prawn Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 6: GCC: Prawn Market: Segmentation by Country (in %), 2022
Figure 7: GCC: Prawn Market: Segmentation by Species (in %), 2022
Figure 8: GCC: Prawn Market: Segmentation by Prawn Size (in %), 2022
Figure 9: Saudi Arabia: Prawn Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Saudi Arabia: Prawn Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 11: United Arab Emirates: Prawn Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: United Arab Emirates: Prawn Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 13: Qatar: Prawn Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Qatar: Prawn Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 15: Kuwait: Prawn Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Kuwait: Prawn Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 17: Oman: Prawn Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Oman: Prawn Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 19: Bahrain: Prawn Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Bahrain: Prawn Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 21: GCC: Prawn (litopenaeus Vannamei) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: GCC: Prawn (litopenaeus Vannamei) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 23: GCC: Prawn (Penaeus Monodon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: GCC: Prawn (Penaeus Monodon) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 25: GCC: Prawn (Other) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: GCC: Prawn (Other) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 27: GCC: Prawn (<21) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: GCC: Prawn (<21) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 29: GCC: Prawn (21-25) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: GCC: Prawn (21-25) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 31: GCC: Prawn (26-30) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: GCC: Prawn (26-30) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 33: GCC: Prawn (31-40) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: GCC: Prawn (31-40) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 35: GCC: Prawn (41-50) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: GCC: Prawn (41-50) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 37: GCC: Prawn (51-60) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: GCC: Prawn (51-60) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 39: GCC: Prawn (61-70) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: GCC: Prawn (61-70) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 41: GCC: Prawn (>70) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: GCC: Prawn (>70) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 43: GCC: Prawn Industry: Market Dynamics
Figure 44: GCC: Prawn Industry: Value Chain Analysis
Figure 45: GCC: Prawn Market: Porter’s Five Forces Analysis
List of Tables
Table 1: GCC: Prawn Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Prawn Market Outlook: Segmentation by Country (in Million US$), 2023-2028
Table 3: GCC: Prawn Market Outlook: Segmentation by Species (in Million US$), 2023-2028
Table 4: GCC: Prawn Market Outlook: Segmentation by Prawn Size (in Million US$), 2023-2028
Table 5: GCC: Prawn Market Structure
Table 6: GCC: Prawn Market: Key Players
Personalize this research
Triangulate with your own data
Get data as per your format and definition
Gain a deeper dive on a specific application, geography, customer or competitor
Any level of personalization
US: +1-213-316-7435
Uk: +44-702-409-7740
sales@syndicatedanalytics.com
The GCC beer market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. The market is projected to register a CAGR of X% during 2023-2028, reaching US$ XX Billion by 2028.
Read MoreThe UAE camel dairy market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028.
Read MoreThe GCC basmati rice market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028.
Read MoreThe GCC bottled water market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC bottled water market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028.
Read MoreThe GCC UHT milk market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028.
Read MoreThe Saudi Arabia french fries market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028.
Read More+1-213-316-7435
us.sales@syndicatedanalytics.com
+44-702-409-7740
uk.sales@syndicatedanalytics.com
© Copyright Syndicated Analytics 2023.