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According to the latest research, the global Prawns market size was valued at USD 66626.48 million in 2022 and is expected to expand at a CAGR of 3.14% during the forecast period, reaching USD 80196.17 million by 2028.
Prawns is a common name for small aquatic crustaceans with exoskeletons and ten legs, some of which are edible.
Strength
Increasing downstream demand.
Mature industry chain.
Good purchasing power.
Weakness
Fierce competition.
Highly labor cost.
Opportunity
Changes in political, economic, social, technological, legal and environmental factors boosting the market.
Potential market grow.
Threat
New entrants are hard to open the market.
Regulation from Government.
Region Overview:
Asia Pacific is projected to account for a considerable share of the Prawns market and is expected to become the largest region by 2028.
Company Overview:
Thai Union Group is one of the major players operating in the Prawns market, holding a share of 1.42% in 2023.
Thai Union Group
Thai Union Group Public Company Limited produces and exports frozen and canned seafood products including frozen tuna loin, shrimp and cephalopod. The Company also produces canned pet foods from byproducts of its seafood process. Additionally, the Company produces fish snack and canned tuna which are marketed locally.
Chia Tai Group
Chia Tai Company Limited is a pioneering agribusiness company based in Thailand that engages in high quality seed, fertilizer, and crop protection business.
Segmentation Overview:
By type, Frozen Prawns segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Food Service segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Prawns industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Prawns. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Prawns Market Report Include:
Market Size Estimates: Prawns market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Prawns market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Prawns market
Segment Market Analysis: Prawns market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Prawns market situations and prospects in major and top regions and countries
Prawns Market
Prawns Industry Chain: Prawns market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Prawns Industry News, Policies by regions
Prawns Industry Porters Five Forces Analysis
Key players in the global Prawns market are covered in Chapter 2:
Apex Frozen Foods
PT. Mustika Minanusa Aurora
Expalsa
Minh Phu Seafood
Pescanova
Thai Union Group
Zhanjiang Longwei
Bohai Shuichan
Chia Tai Group
Zhanjiang Guolian
Cooke Aquaculture
Omarsa
Avanti Feeds
Santa Priscila
Songa
In Chapter 6 and Chapter 9, on the basis of types, the Prawns market from 2018 to 2028 is primarily split into:
Frozen Prawns
Chilled Prawns
In Chapter 7 and Chapter 10, on the basis of applications, the Prawns market from 2018 to 2028 covers:
Retail
Food Service
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Prawns market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Prawns industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Prawns market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Prawns industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Prawns market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Prawns market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Prawns market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Prawns is a common name for small aquatic crustaceans with exoskeletons and ten legs, some of which are edible.
Strength
Increasing downstream demand.
Mature industry chain.
Good purchasing power.
Weakness
Fierce competition.
Highly labor cost.
Opportunity
Changes in political, economic, social, technological, legal and environmental factors boosting the market.
Potential market grow.
Threat
New entrants are hard to open the market.
Regulation from Government.
Region Overview:
Asia Pacific is projected to account for a considerable share of the Prawns market and is expected to become the largest region by 2028.
Company Overview:
Thai Union Group is one of the major players operating in the Prawns market, holding a share of 1.42% in 2023.
Thai Union Group
Thai Union Group Public Company Limited produces and exports frozen and canned seafood products including frozen tuna loin, shrimp and cephalopod. The Company also produces canned pet foods from byproducts of its seafood process. Additionally, the Company produces fish snack and canned tuna which are marketed locally.
Chia Tai Group
Chia Tai Company Limited is a pioneering agribusiness company based in Thailand that engages in high quality seed, fertilizer, and crop protection business.
Segmentation Overview:
By type, Frozen Prawns segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Food Service segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Prawns industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Prawns. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Prawns Market Report Include:
Market Size Estimates: Prawns market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Prawns market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Prawns market
Segment Market Analysis: Prawns market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Prawns market situations and prospects in major and top regions and countries
Prawns Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Prawns Industry Chain: Prawns market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Prawns Industry News, Policies by regions
Prawns Industry Porters Five Forces Analysis
Key players in the global Prawns market are covered in Chapter 2:
Apex Frozen Foods
PT. Mustika Minanusa Aurora
Expalsa
Minh Phu Seafood
Pescanova
Thai Union Group
Zhanjiang Longwei
Bohai Shuichan
Chia Tai Group
Zhanjiang Guolian
Cooke Aquaculture
Omarsa
Avanti Feeds
Santa Priscila
Songa
In Chapter 6 and Chapter 9, on the basis of types, the Prawns market from 2018 to 2028 is primarily split into:
Frozen Prawns
Chilled Prawns
In Chapter 7 and Chapter 10, on the basis of applications, the Prawns market from 2018 to 2028 covers:
Retail
Food Service
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Prawns market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Prawns industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Prawns market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Prawns industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Prawns market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Prawns market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Prawns market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
