GCC Shrimp Market Overview:
The GCC Shrimp 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. Shrimp is a decapod crustacean having a semi-transparent and slender elongated body, a compressed abdomen, and a long spiny rostrum. It is widely available in shallow and deep water, freshwater lakes and streams, and has various species. It is a rich source of antioxidants that improve heart and brain health while reducing the risk of various chronic diseases, such as heart attack, stroke, and cancer. It also offers protein, calcium, iron, zinc, sodium, potassium, and phosphorus. It prevents wrinkles and lowers skin damage from ultraviolet radiation (UV) rays. It is used to prepare various dishes, such as shrimp kebabs, creole, gumbo, stew, salad, sandwiches, and burgers. As shrimp is also utilized as a flavoring and base, the demand for shrimp is rising in the GCC region.
At present, the increasing demand for healthy and protein-based diets represents one of the primary factors propelling the market growth in the GCC region. Besides this, the growing demand for convenient food items, such as frozen and ready-to-cook shrimp, due to hectic working schedules and busy lifestyles of individuals is offering a positive market outlook in the region. Moreover, changing dietary patterns of the individuals in the GCC region due to the inflating income levels are presently contributing to the growth of the market. Apart from this, the rising consumption of shrimp to prevent various cardiovascular diseases, such as coronary heart disease, stroke, and aortic disease, is positively influencing the market in the GCC region. Additionally, the wide availability of processed shrimp in ready-to-eat (RTE) packaging through online and offline distribution channels is offering lucrative growth opportunities to industry investors across the region. Furthermore, various benefits offered by shrimp, such as lowering blood pressure, improving eye fatigue, and reducing weight loss, are currently strengthening the market growth in the GCC region.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC shrimp 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 shrimp market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC shrimp market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC shrimp 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 shrimp market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC shrimp 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 shrimp market industry. Furthermore, the value chain analysis of the GCC shrimp 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 Shrimp Market Segment Insights:
The GCC shrimp market has been analysed as followed:
Segmentation by Species:
Segmentation by Shrimp Size:
Segmentation 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 Shrimp Market Report:
Report Customization:
The GCC shrimp 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 Shrimp Market
4.1 Historical Market Trend
4.2 Market Segmentation by Region
4.3 Market Outlook
5 GCC Shrimp 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 Impact of COVID-19
5.3.4 Market Outlook
6 GCC Shrimp 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 Shrimp Market Segmentation by Species
7.1 Penaeus 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 Macrobrachium Rosenbergii
7.3.1 Historical Market Trends
7.3.2 Market Outlook
7.4 Others
7.4.1 Historical Market Trends
7.4.2 Market Outlook
8 GCC Shrimp Market Segmentation by Shrimp 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 Shrimp Industry: Market Dynamics
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 GCC Shrimp 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 Shrimp 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: Shrimp Market: Sales Value (in Billion US$), 2017-2022
Figure 2: Global: Shrimp Market: Segmentation by Region (in %), 2022
Figure 3: Global: Shrimp Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 4: GCC: Shrimp Market: Sales Value (in Billion US$), 2017-2022
Figure 5: GCC: Shrimp Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 6: GCC: Shrimp Market: Segmentation by Country (in %), 2022
Figure 7: GCC: Shrimp Market: Segmentation by Species (in %), 2022
Figure 8: GCC: Shrimp Market: Segmentation by Shrimp Size (in %), 2022
Figure 9: Saudi Arabia: Shrimp Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Saudi Arabia: Shrimp Market Outlook: Sales Value (in Million US$), 2017 & 2022
Figure 11: United Arab Emirates: Shrimp Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: United Arab Emirates: Shrimp Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 13: Qatar: Shrimp Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Qatar: Shrimp Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 15: Kuwait: Shrimp Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Kuwait: Shrimp Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 17: Oman: Shrimp Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Oman: Shrimp Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 19: Bahrain: Shrimp Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Bahrain: Shrimp Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 21: GCC: Shrimp (Penaeus Vannamei) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: GCC: Shrimp (Penaeus Vannamei) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 23: GCC: Shrimp (Penaeus Monodon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: GCC: Shrimp (Penaeus Monodon) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 25: GCC: Shrimp (Macrobrachium Rosenbergii) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: GCC: Shrimp (Macrobrachium Rosenbergii) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 27: GCC: Shrimp (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: GCC: Shrimp (Others) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 29: GCC: Shrimp (<21) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: GCC: Shrimp (<21) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 31: GCC: Shrimp (21-25) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: GCC: Shrimp (21-25) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 33: GCC: Shrimp (26-30) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: GCC: Shrimp (26-30) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 35: GCC: Shrimp (31-40) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: GCC: Shrimp (31-40) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 37: GCC: Shrimp (41-50) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: GCC: Shrimp (41-50) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 39: GCC: Shrimp (51-60) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: GCC: Shrimp (51-60) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 41: GCC: Shrimp (61-70) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: GCC: Shrimp (61-70) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 43: GCC: Shrimp (>70) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: GCC: Shrimp (>70) Market Outlook: Sales Value (in Million US$), 2023-2028
Figure 45: GCC: Shrimp Industry: Market Dynamics
Figure 46: GCC: Shrimp Industry: Value Chain Analysis
Figure 47: GCC: Shrimp Market: Porter’s Five Forces Analysis
List of Tables
Table 1: GCC: Shrimp Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Shrimp Market Outlook: Segmentation by Country (in Million US$), 2023-2028
Table 3: GCC: Shrimp Market Outlook: Segmentation by Species (in Million US$), 2023-2028
Table 4: GCC: Shrimp Market Outlook: Segmentation by Shrimp Size (in Million US$), 2023-2028
Table 5: GCC: Shrimp Market Structure
Table 6: GCC: Shrimp Market: Key Players
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