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United States Shrimp Market Outlook
According to the report by Expert Market Research (EMR), the United States shrimp market size reached a volume of 827.05 KMT in 2024. The market is projected to further grow at a compound annual growth rate (CAGR) of 2.40% between 2025 and 2034, eventually reaching volume of 1048.41 KMT by 2034.
Shrimp is one of the most widely consumed seafood products in the United States, valued for its versatility, taste, and health benefits. As a major component of both domestic and international seafood consumption, the shrimp market in the U.S. is driven by shifting consumer preferences toward protein-rich, low-fat foods and the growing popularity of sustainable and responsibly sourced products. Along with the increasing demand for shrimp in both the foodservice industry and home kitchens, factors such as seafood sustainability, international trade, and aquaculture innovations are playing a significant role in shaping the future of the United States shrimp market.
The United States remains one of the largest consumers of shrimp globally, with consumption steadily increasing over the years. The market for shrimp in the U.S. is diverse, encompassing various product types such as frozen, fresh, raw, cooked, and value-added shrimp products. Additionally, shrimp’s ease of preparation, combined with its nutritional value, continues to solidify its place as a staple in American diets, whether as part of seafood dishes, salads, or as a key ingredient in restaurant menus.
Increasing Consumer Demand for Protein-Rich Foods
The rising health-consciousness of U.S. consumers is one of the primary drivers behind the increasing demand for United States shrimp market. As more individuals turn to high-protein, low-fat foods to maintain healthy lifestyles, shrimp has become an ideal choice due to its rich protein content and low calorie count. Additionally, the versatility of shrimp makes it suitable for a variety of cuisines, making it popular in dishes ranging from shrimp cocktails to shrimp stir-fries and tacos.
With the growing awareness about the nutritional benefits of seafood, the shift toward more sustainable and nutrient-dense protein sources is encouraging U.S. consumers to incorporate shrimp into their meals. Shrimp is rich in essential vitamins and minerals such as Vitamin B12, iodine, and selenium, all of which are crucial for supporting immune health, metabolism, and overall well-being.
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Sustainability and Responsible Sourcing
Sustainability has become a major consideration in the United States shrimp market. Consumers and businesses alike are increasingly prioritizing products that are sustainably sourced, particularly in the wake of concerns regarding overfishing and environmental degradation. In response, the U.S. shrimp industry is increasingly adopting sustainable aquaculture practices, such as the use of responsibly sourced feed, better management of water quality, and minimizing the environmental footprint of shrimp farming.
Certification programs such as the Aquaculture Stewardship Council (ASC) and Best Aquaculture Practices (BAP) have gained significant traction in the U.S. market. These certifications ensure that the shrimp being consumed meets certain sustainability standards, including reduced environmental impact and ethical labor practices. As more consumers seek sustainably sourced shrimp, these certifications are helping to build trust and influence purchasing decisions in favor of eco-friendly products.
In addition to farmed shrimp, wild-caught shrimp continues to be an important segment of the U.S. market. However, challenges such as illegal, unreported, and unregulated fishing have led to increased scrutiny of wild-caught shrimp sourcing. To address these concerns, the industry has implemented stricter regulations and traceability systems that ensure shrimp products are harvested legally and sustainably.
Growth of Aquaculture and Shrimp Farming
The growing popularity of United States shrimp market has also contributed to the expansion of shrimp farming or aquaculture. Shrimp farming offers the advantage of a stable, year-round supply, unlike wild-caught shrimp, which can be subject to seasonal fluctuations. The development of more advanced farming techniques, including recirculating aquaculture systems (RAS), has further enhanced the sustainability of shrimp farming. RAS is a water-based technology that allows for efficient shrimp farming with minimal water usage, reduced disease risk, and lower environmental impact.
Aquaculture has also enabled farmers to meet the increasing demand for shrimp while reducing the strain on wild shrimp populations. Additionally, innovations in breeding and feed technologies have led to faster growth rates, higher yields, and improved disease resistance, making shrimp farming a more reliable and profitable industry.
Rising Popularity of Value-Added Shrimp Products
A key trend driving the growth of the United States shrimp market is the increasing demand for value-added shrimp products. These products, which include pre-cooked, marinated, seasoned, and ready-to-cook shrimp, offer added convenience for consumers who seek quick, easy meal options. This shift in preference toward value-added products is being driven by busy lifestyles, the demand for convenience, and an increasing number of households seeking quick, healthy meals.
Value-added shrimp products are particularly popular in the foodservice sector, where restaurants and quick-service eateries are incorporating shrimp into their menus in new and innovative ways. Shrimp dishes are being featured in a wide variety of cuisines, from Asian fusion to American classics like shrimp pasta and shrimp burgers. Additionally, ready-to-eat shrimp is gaining popularity for use in home cooking, making it easier for consumers to enjoy shrimp without the need for extensive preparation.
Import-Export Dynamics and International Trade
The United States shrimp market is significantly impacted by both imports and exports. The U.S. is a major importer of shrimp, with the majority of its supply coming from countries such as Thailand, India, Ecuador, and Vietnam. The growing demand for shrimp in the U.S. has led to an increase in imports, as domestic production cannot fully meet the consumption needs of the market. Despite the challenges of rising tariffs and trade barriers, the U.S. remains an important market for shrimp exporters globally.
On the export side, the United States also plays a role in the international shrimp trade, particularly in supplying high-quality shrimp to premium markets in Europe and Asia. As the U.S. shrimp industry continues to improve the quality and sustainability of its products, it is poised to expand its footprint in global markets.
Technological Advancements in Shrimp Farming
Technological advancements in shrimp farming are also playing a crucial role in driving the growth of the United States shrimp market Innovations in aquaculture techniques, including the use of biotechnology, automation, and water quality management systems, have enhanced the efficiency of shrimp production while ensuring the sustainability of shrimp farms. Moreover, advancements in breeding programs and disease management have improved shrimp yield and quality, leading to increased availability and lower prices for consumers.
The adoption of land-based shrimp farming systems, such as recirculating aquaculture systems (RAS), has also gained traction in the U.S. These systems allow shrimp to be farmed indoors, reducing the risk of diseases and environmental degradation associated with traditional open-water farming. By using closed-loop systems that recycle water, land-based shrimp farming minimizes waste and offers a more sustainable option for shrimp production, addressing some of the environmental concerns associated with traditional farming methods.
United States Shrimp Market Segmentation
The market can be divided based on environment, species, product category, distribution channel, and production and imports.
Market Breakup by Environment
- Farming
- Processing
Market Breakup by Species
- Penaeus vannamei
- Penaeus Monodon
- Macrobrachium Rosenbergii
- Others
Market Breakup by Product Category
- Peeled
- Shell-on
- Cooked
- Breaded
- Others
Market Breakup by Distribution Channel
- Hypermarkets and Supermarkets
- Convenience Stores
- Hotels and Restaurants
- Online Stores
- Others
Market Breakup by Production and Imports
- Domestic Production
- Imports
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States shrimp market. Some of the major players explored in the report by Expert Market Research are as follows:
- Aqua Star
- Harbor Seafood
- Eastern Fish Company
- Mazzetta Company, LLC
- Others
Challenges and Opportunities
Despite its strong growth, the United States shrimp market aces challenges such as fluctuating supply due to environmental factors, competition from imported shrimp, and concerns regarding the sustainability of shrimp farming practices. However, these challenges also present opportunities for innovation and growth, as the industry continues to focus on improving sustainability, transparency, and product quality.
Moreover, the expansion of sustainable farming practices, particularly land-based shrimp farming, presents new growth opportunities for the market. By leveraging advancements in technology and aquaculture management, the U.S. shrimp industry is poised to meet the increasing consumer demand for sustainable, high-quality shrimp products.
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