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- Shrimp Market size was USD 28.45 billion in 2020. It was valued at USD 33.81 billion in 2021 and reached USD 53.63 billion in 2028.
The global shrimp market size was USD 28.45 billion in 2020. It was valued at USD 33.81 billion in 2021 and reached USD 53.63 billion in 2028, exhibiting a CAGR of 6.81% during the forecast period. Innovations in the seafood sector and the rising trend of flexitarian diet are expected to boost the market growth. Fortune Business Insights™ presents this information in its report titled “Shrimp Market, 2021–2028.”
Rising technological advancements in the seafood sector are expected to boost seafood products’ demand. The rising demand for healthy snacking leads to the adoption of shrimp in consumers’ diets. Further, rising focus on the supply and storage of seafood is expected to surge the product demand. Moreover, the rising trend of flexitarian trends is expected to boost the product adoption. In addition, the entry of new players is expected to bolster market development in the coming years.
Source Link : https://www.fortunebusinessinsights.com/shrimp-market-106303Shrimp Market size was USD 28.45 billion in 2020. It was valued at USD 33.81 billion in 2021 and reached USD 53.63 billion in 2028. The global shrimp market size was USD 28.45 billion in 2020. It was valued at USD 33.81 billion in 2021 and reached USD 53.63 billion in 2028, exhibiting a CAGR of 6.81% during the forecast period. Innovations in the seafood sector and the rising trend of flexitarian diet are expected to boost the market growth. Fortune Business Insights™ presents this information in its report titled “Shrimp Market, 2021–2028.” Rising technological advancements in the seafood sector are expected to boost seafood products’ demand. The rising demand for healthy snacking leads to the adoption of shrimp in consumers’ diets. Further, rising focus on the supply and storage of seafood is expected to surge the product demand. Moreover, the rising trend of flexitarian trends is expected to boost the product adoption. In addition, the entry of new players is expected to bolster market development in the coming years. Source Link : https://www.fortunebusinessinsights.com/shrimp-market-106303WWW.FORTUNEBUSINESSINSIGHTS.COMShrimp Market Size, Growth | Global Research Report [2028]The global shrimp market is projected to grow from $33.81 billion in 2021 to $53.63 billion in 2028 at a CAGR of 6.81% in forecast period, 2021-20280 Comments 0 Shares 191 Views 0 ReviewsPlease log in to like, share and comment! - Soluble Dietary Fibers Market Growth Drivers, Business Opportunities and Demand Forecast to 2029The increasing demand for healthy food items and drinks worldwide is set to affect growth positively in the near future. Besides, the renowned companies are trying to revitalize their positions with the transforming market trends. Such a step would help them in leading the market for a longer period of time. Fortune Business Insights published this information in a new study, titled ...0 Comments 0 Shares 713 Views 0 Reviews
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