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The global shrimp market was valued at USD 40.35 billion in 2023 and is projected to grow from USD 42.90 billion in 2024 to USD 74.24 billion by 2032, registering a CAGR of 7.09% during the forecast period (2024–2032). The Asia Pacific region dominated the global market in 2023, accounting for 38.22% of total revenue. In the United States, the shrimp market is expected to reach around USD 12.10 billion by 2032, supported by increasing consumer demand for protein-rich seafood and the growing popularity of flexitarian diets.
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