Product Code: ETC094331 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Egypt Shrimp Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 14.13% in 2025, the market peaks at 26.78% in 2028, and settles at 24.55% by 2029.
The Egypt shrimp market is experiencing steady growth driven by increasing demand for shrimp both domestically and internationally. Egypt is among the top shrimp producers in Africa, benefitting from its favorable geographical location and conducive climate for shrimp farming. The market is characterized by a mix of small-scale traditional farmers and larger commercial operations, with a focus on sustainable and environmentally friendly farming practices. Export opportunities to Europe, the Middle East, and Asia are expanding, with Egyptian shrimp gaining popularity for its quality and taste. However, challenges such as disease outbreaks and fluctuating prices remain key concerns for market players. Overall, the Egypt shrimp market is poised for further growth with increasing investments in technology and infrastructure to enhance production efficiency and meet the rising demand.
In the Egypt Shrimp Market, there is a growing trend towards sustainable and responsible shrimp farming practices in response to increasing consumer demand for ethically sourced seafood products. This includes the adoption of environmentally friendly farming techniques, such as recirculating aquaculture systems and organic feed options, to reduce the industry`s impact on the environment. Additionally, there is a focus on product quality and traceability, with an emphasis on ensuring that shrimp products meet strict food safety standards and are properly labeled to provide transparency to consumers. The market is also seeing an increase in value-added shrimp products, such as ready-to-cook and ready-to-eat options, to cater to changing consumer preferences for convenient and innovative seafood offerings.
The Egypt shrimp market faces several challenges including disease outbreaks, fluctuating water salinity levels due to climate change, and competition from other shrimp-producing countries. Disease outbreaks, such as Early Mortality Syndrome (EMS) and White Spot Syndrome Virus (WSSV), can significantly impact shrimp production and lead to financial losses for farmers. Fluctuating water salinity levels, caused by climate change and environmental factors, can affect shrimp growth rates and overall health. Additionally, competition from countries like India, Thailand, and Ecuador puts pressure on Egypt`s shrimp industry to maintain competitive pricing and quality standards to attract buyers. Addressing these challenges will require investment in research and development, implementing stringent biosecurity measures, and enhancing sustainability practices in shrimp farming operations.
Investment opportunities in the Egypt Shrimp Market include shrimp farming operations, processing facilities, and export businesses. With a growing global demand for shrimp, Egypt`s strategic location and favorable climate for shrimp farming make it an attractive investment option. Investing in modern technologies and sustainable practices can increase productivity and quality, leading to higher profits. Additionally, there is potential for value-added products such as ready-to-eat shrimp meals or specialty shrimp products tailored to specific markets. Partnering with local farmers or establishing joint ventures with existing players can also provide entry points into the market. Overall, the Egypt Shrimp Market presents opportunities for investors to capitalize on the increasing demand for shrimp products both domestically and internationally.
The Egyptian government has implemented various policies to regulate and support the shrimp market in the country. These policies include licensing requirements for shrimp farms to ensure adherence to environmental and quality standards, as well as efforts to combat illegal fishing practices. Additionally, the government has provided financial support and incentives to encourage investment in the shrimp farming industry, aiming to boost production and exports. Furthermore, there are ongoing initiatives to improve infrastructure and technology in the sector to enhance efficiency and competitiveness. Overall, these government policies aim to promote sustainable growth in the Egypt shrimp market while ensuring compliance with international trade regulations and environmental conservation efforts.
The future outlook for the Egypt Shrimp Market appears promising as the demand for shrimp continues to grow both domestically and internationally. Egypt`s strategic geographical location, favorable climate for shrimp farming, and increasing investments in aquaculture infrastructure are expected to drive market growth. Additionally, the government`s initiatives to support the expansion of the aquaculture industry and improve sustainability practices are likely to further boost production levels and enhance market competitiveness. With a focus on quality and sustainability, Egypt is well-positioned to capitalize on the growing global demand for shrimp, especially in key export markets. Overall, the Egypt Shrimp Market is anticipated to experience steady growth in the coming years, presenting opportunities for both domestic producers and exporters to expand their market presence and profitability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Shrimp Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Shrimp Market - Industry Life Cycle |
3.4 Egypt Shrimp Market - Porter's Five Forces |
3.5 Egypt Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Egypt Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Egypt Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Egypt Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Egypt Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Egypt Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Shrimp Market Trends |
6 Egypt Shrimp Market, By Types |
6.1 Egypt Shrimp Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Egypt Shrimp Market Revenues & Volume, By Species, 2018 - 2027F |
6.1.3 Egypt Shrimp Market Revenues & Volume, By Gulf Shrimps, 2018 - 2027F |
6.1.4 Egypt Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2018 - 2027F |
6.1.5 Egypt Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2018 - 2027F |
6.1.6 Egypt Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2018 - 2027F |
6.1.7 Egypt Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2018 - 2027F |
6.1.8 Egypt Shrimp Market Revenues & Volume, By Blue Shrimps, 2018 - 2027F |
6.2 Egypt Shrimp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Egypt Shrimp Market Revenues & Volume, By Organic, 2018 - 2027F |
6.2.3 Egypt Shrimp Market Revenues & Volume, By Conventional, 2018 - 2027F |
6.3 Egypt Shrimp Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Egypt Shrimp Market Revenues & Volume, By Canned, 2018 - 2027F |
6.3.3 Egypt Shrimp Market Revenues & Volume, By Breaded, 2018 - 2027F |
6.3.4 Egypt Shrimp Market Revenues & Volume, By Peeled, 2018 - 2027F |
6.3.5 Egypt Shrimp Market Revenues & Volume, By Cooked & Peeled, 2018 - 2027F |
6.3.6 Egypt Shrimp Market Revenues & Volume, By Shell-On, 2018 - 2027F |
6.3.7 Egypt Shrimp Market Revenues & Volume, By Frozen, 2018 - 2027F |
6.4 Egypt Shrimp Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Egypt Shrimp Market Revenues & Volume, By Direct, 2018 - 2027F |
6.4.3 Egypt Shrimp Market Revenues & Volume, By Indirect, 2018 - 2027F |
6.5 Egypt Shrimp Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Egypt Shrimp Market Revenues & Volume, By Food, 2018 - 2027F |
6.5.3 Egypt Shrimp Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.5.4 Egypt Shrimp Market Revenues & Volume, By Cosmetics, 2018 - 2027F |
6.5.5 Egypt Shrimp Market Revenues & Volume, By Industrial, 2018 - 2027F |
6.5.6 Egypt Shrimp Market Revenues & Volume, By Biotechnology, 2018 - 2027F |
7 Egypt Shrimp Market Import-Export Trade Statistics |
7.1 Egypt Shrimp Market Export to Major Countries |
7.2 Egypt Shrimp Market Imports from Major Countries |
8 Egypt Shrimp Market Key Performance Indicators |
9 Egypt Shrimp Market - Opportunity Assessment |
9.1 Egypt Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Egypt Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Egypt Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Egypt Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Egypt Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Egypt Shrimp Market - Competitive Landscape |
10.1 Egypt Shrimp Market Revenue Share, By Companies, 2021 |
10.2 Egypt Shrimp Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |