Product Code: ETC094313 | 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 Myanmar Shrimp Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at -1.71% in 2025, climbs to a high of 3.07% in 2028, and moderates to 0.95% by 2029.
Myanmar's Shrimp market is anticipated to experience a stable growth rate of 1.95% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Myanmar shrimp market is experiencing steady growth due to increasing demand for seafood products globally. The country`s shrimp farming industry is expanding, with a focus on sustainable practices and improved technology to enhance production efficiency. Myanmar`s favorable geographical location provides access to both domestic and international markets, with key export destinations including the United States, EU countries, and Japan. The industry faces challenges such as disease outbreaks and fluctuating market prices, but efforts are being made to address these issues through research and development. Overall, the Myanmar shrimp market shows promising growth potential as it continues to attract investments and adopt modern farming techniques to meet the growing demand for high-quality shrimp products.
The Myanmar shrimp market is experiencing growth driven by increasing demand for shrimp products both domestically and internationally. Key trends in the market include a shift towards more sustainable and responsible shrimp farming practices to meet consumer preferences for environmentally-friendly products. There is also a focus on improving shrimp quality and food safety standards to comply with international regulations and cater to export markets. Additionally, advancements in technology and innovation in shrimp farming techniques are helping to increase productivity and efficiency in the industry. Overall, the Myanmar shrimp market is poised for further expansion as it continues to adapt to evolving consumer preferences and global market demands.
The Myanmar shrimp market faces several challenges, including limited infrastructure for shrimp farming, poor quality control and standards, lack of technical expertise among farmers, and environmental issues such as disease outbreaks and water pollution. In addition, the industry is also hindered by inconsistent government policies and regulations, which can create uncertainty for investors and hinder growth opportunities. Furthermore, competition from other shrimp-producing countries in the region, such as Thailand and Vietnam, puts additional pressure on Myanmar`s shrimp industry to improve its competitiveness and sustainability practices. Overall, addressing these challenges will require investments in infrastructure, technology, and training, as well as closer collaboration between government agencies, industry stakeholders, and international partners to support the growth and development of the Myanmar shrimp market.
The Myanmar shrimp market presents promising investment opportunities due to its growing demand and favorable geographical location for shrimp farming. With increasing global demand for seafood, particularly shrimp, Myanmar`s rich coastal resources provide a significant advantage for investors looking to capitalize on this market. Additionally, the government has been implementing policies to boost the aquaculture sector, offering incentives and support for shrimp farming businesses. Investing in modern shrimp farming techniques, technology, and sustainable practices can lead to high returns in this emerging market. However, investors should also consider factors such as infrastructure development, regulatory environment, and potential environmental challenges before entering the Myanmar shrimp market.
Government policies related to the Myanmar shrimp market include regulations on shrimp farming practices to ensure sustainability and environmental protection. The government has implemented measures to control the use of chemicals and antibiotics in shrimp farming, as well as to promote good aquaculture practices. Additionally, there are policies in place to regulate the export of shrimp products, including quality control standards and certifications to access international markets. The government also provides support and incentives for small-scale shrimp farmers to improve their production techniques and productivity. Overall, the government`s policies aim to promote the growth of the shrimp industry in Myanmar while ensuring sustainable practices and maintaining quality standards for both domestic consumption and export markets.
The future outlook for the Myanmar shrimp market appears promising, driven by increasing demand for shrimp both domestically and internationally. The country`s favorable geographical location for shrimp farming, coupled with its growing aquaculture industry, presents significant opportunities for expansion. Key factors such as improvements in infrastructure, technology adoption, and sustainable farming practices are expected to enhance production efficiency and quality standards. Additionally, rising consumer awareness regarding the health benefits of seafood and the popularity of shrimp in global markets are likely to boost exports and drive market growth. However, challenges such as disease outbreaks, environmental sustainability concerns, and competition from other shrimp-producing countries may impact the market`s growth trajectory and require proactive measures to ensure long-term sustainability and competitiveness.
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 Myanmar Shrimp Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Shrimp Market - Industry Life Cycle |
3.4 Myanmar Shrimp Market - Porter's Five Forces |
3.5 Myanmar Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Myanmar Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Myanmar Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Myanmar Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Myanmar Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Myanmar Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Shrimp Market Trends |
6 Myanmar Shrimp Market, By Types |
6.1 Myanmar Shrimp Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Shrimp Market Revenues & Volume, By Species, 2018 - 2027F |
6.1.3 Myanmar Shrimp Market Revenues & Volume, By Gulf Shrimps, 2018 - 2027F |
6.1.4 Myanmar Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2018 - 2027F |
6.1.5 Myanmar Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2018 - 2027F |
6.1.6 Myanmar Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2018 - 2027F |
6.1.7 Myanmar Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2018 - 2027F |
6.1.8 Myanmar Shrimp Market Revenues & Volume, By Blue Shrimps, 2018 - 2027F |
6.2 Myanmar Shrimp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Shrimp Market Revenues & Volume, By Organic, 2018 - 2027F |
6.2.3 Myanmar Shrimp Market Revenues & Volume, By Conventional, 2018 - 2027F |
6.3 Myanmar Shrimp Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Shrimp Market Revenues & Volume, By Canned, 2018 - 2027F |
6.3.3 Myanmar Shrimp Market Revenues & Volume, By Breaded, 2018 - 2027F |
6.3.4 Myanmar Shrimp Market Revenues & Volume, By Peeled, 2018 - 2027F |
6.3.5 Myanmar Shrimp Market Revenues & Volume, By Cooked & Peeled, 2018 - 2027F |
6.3.6 Myanmar Shrimp Market Revenues & Volume, By Shell-On, 2018 - 2027F |
6.3.7 Myanmar Shrimp Market Revenues & Volume, By Frozen, 2018 - 2027F |
6.4 Myanmar Shrimp Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Myanmar Shrimp Market Revenues & Volume, By Direct, 2018 - 2027F |
6.4.3 Myanmar Shrimp Market Revenues & Volume, By Indirect, 2018 - 2027F |
6.5 Myanmar Shrimp Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Myanmar Shrimp Market Revenues & Volume, By Food, 2018 - 2027F |
6.5.3 Myanmar Shrimp Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.5.4 Myanmar Shrimp Market Revenues & Volume, By Cosmetics, 2018 - 2027F |
6.5.5 Myanmar Shrimp Market Revenues & Volume, By Industrial, 2018 - 2027F |
6.5.6 Myanmar Shrimp Market Revenues & Volume, By Biotechnology, 2018 - 2027F |
7 Myanmar Shrimp Market Import-Export Trade Statistics |
7.1 Myanmar Shrimp Market Export to Major Countries |
7.2 Myanmar Shrimp Market Imports from Major Countries |
8 Myanmar Shrimp Market Key Performance Indicators |
9 Myanmar Shrimp Market - Opportunity Assessment |
9.1 Myanmar Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Myanmar Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Myanmar Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Myanmar Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Myanmar Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Myanmar Shrimp Market - Competitive Landscape |
10.1 Myanmar Shrimp Market Revenue Share, By Companies, 2021 |
10.2 Myanmar Shrimp Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |