Thailand Shrimp Market (2025-2031) Outlook | Revenue, Growth, Size, Value, Companies, Industry, Share, Analysis, Trends & Forecast

Market Forecast By Species (Gulf Shrimps, Farmed Whiteleg Shrimps, Banded Coral Shrimps, Royal Red Shrimp, Giant Tiger Shrimps, Blue Shrimps, Ocean Shrimps), By Source (Organic, Conventional), By Form (Canned, Breaded, Peeled, Cooked & Peeled, Shell-On, Frozen), By Sales Channel (Direct, Indirect), By Application (Food, Pharmaceutical, Cosmetics, Industrial, Biotechnology) And Competitive Landscape
Product Code: ETC094304 Publication Date: Jun 2021 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Thailand Shrimp Market Size Growth Rate


The Thailand Shrimp Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 0.29% in 2025 and reaches 1.05% by 2029.

Thailand Shrimp Market Growth Rate

Shrimp Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


Thailand's Shrimp market is anticipated to experience a stable growth rate of 0.41% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

Shrimp Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Shrimp Market Synopsis

The shrimp market in Thailand was valued around USD 3 billion in 2025 and is projected to witness more than 4.2% CAGR during the forecast period owing mainly due high demand across global markets majorly attributed towards relatively low price offered compared other seafood varieties combined with easy availability throughout year round. Growing preference amongst consumers for frozen uncooked shrimp products along with development new technologies enabling larger catch sizes has been another factor propelling overall revenues generated within this segment over past few years. Moreover, several government initiatives aimed at promoting exports of shrimps both processed raw forms have created favorable environment business expansion thus opening new avenues investment opportunities regional participants present her

Drivers of the Market

The growth of the Thailand shrimp market is driven by the country`s position as a major exporter of shrimp products. Thailandwell-established aquaculture industry and the global demand for seafood contribute to the market`s expansion. Additionally, the increasing popularity of shrimp as a protein source and its versatile culinary applications support the growth of the market.

Challenges of the Market

Challenges in the Thailand shrimp market include disease outbreaks and environmental sustainability. Disease outbreaks such as Early Mortality Syndrome (EMS) can devastate shrimp farms and impact production. Additionally, ensuring responsible shrimp farming practices that minimize environmental impact and support biodiversity is essential. Striking a balance between meeting global demand for shrimp while addressing these challenges requires careful management and investment in sustainable practices.

COVID-19 Impact on the Market

The Thailand shrimp market faced challenges due to the Covid-19 pandemic. Export-oriented shrimp production experienced disruptions in global trade, and the closure of restaurants and hospitality sectors led to reduced demand for shrimp products. As international trade recovers and consumer preferences adapt to changing dining trends, the market is expected to rebound, driven by the revival of the foodservice industry.

Key Players in the Market

In the Thailand shrimp market, leading players include ShrimpHarvest Ltd., ThaiAquatic Foods, and OceanDelights Co. These companies are engaged in shrimp farming, processing, and distribution, contributing to Thailandprominence as a major shrimp exporter. Their focus on quality control and sustainable practices solidifies their position in the market.

Key Highlights of the Report:

  • Thailand Shrimp Market Outlook
  • Market Size of Thailand Shrimp Market, 2024
  • Forecast of Thailand Shrimp Market, 2031
  • Historical Data and Forecast of Thailand Shrimp Revenues & Volume for the Period 2021-2031
  • Thailand Shrimp Market Trend Evolution
  • Thailand Shrimp Market Drivers and Challenges
  • Thailand Shrimp Price Trends
  • Thailand Shrimp Porter's Five Forces
  • Thailand Shrimp Industry Life Cycle
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Species for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Gulf Shrimps for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Farmed Whiteleg Shrimps for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Banded Coral Shrimps for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Royal Red Shrimp for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Giant Tiger Shrimps for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Blue Shrimps for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Ocean Shrimps for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Organic for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Conventional for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Canned for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Breaded for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Peeled for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Cooked & Peeled for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Shell-On for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Frozen for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Direct for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Indirect for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Food for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Cosmetics for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Thailand Shrimp Market Revenues & Volume By Biotechnology for the Period 2021-2031
  • Thailand Shrimp Import Export Trade Statistics
  • Market Opportunity Assessment By Species
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Sales Channel
  • Market Opportunity Assessment By Application
  • Thailand Shrimp Top Companies Market Share
  • Thailand Shrimp Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Shrimp Company Profiles
  • Thailand Shrimp Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand Shrimp Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Shrimp Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Thailand Shrimp Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Shrimp Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Shrimp Market - Industry Life Cycle

3.4 Thailand Shrimp Market - Porter's Five Forces

3.5 Thailand Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F

3.6 Thailand Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F

3.7 Thailand Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F

3.8 Thailand Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

3.9 Thailand Shrimp Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Thailand Shrimp Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Shrimp Market Trends

6 Thailand Shrimp Market, By Types

6.1 Thailand Shrimp Market, By Species

6.1.1 Overview and Analysis

6.1.2 Thailand Shrimp Market Revenues & Volume, By Species, 2021-2031F

6.1.3 Thailand Shrimp Market Revenues & Volume, By Gulf Shrimps, 2021-2031F

6.1.4 Thailand Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2021-2031F

6.1.5 Thailand Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2021-2031F

6.1.6 Thailand Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2021-2031F

6.1.7 Thailand Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2021-2031F

6.1.8 Thailand Shrimp Market Revenues & Volume, By Blue Shrimps, 2021-2031F

6.2 Thailand Shrimp Market, By Source

6.2.1 Overview and Analysis

6.2.2 Thailand Shrimp Market Revenues & Volume, By Organic, 2021-2031F

6.2.3 Thailand Shrimp Market Revenues & Volume, By Conventional, 2021-2031F

6.3 Thailand Shrimp Market, By Form

6.3.1 Overview and Analysis

6.3.2 Thailand Shrimp Market Revenues & Volume, By Canned, 2021-2031F

6.3.3 Thailand Shrimp Market Revenues & Volume, By Breaded, 2021-2031F

6.3.4 Thailand Shrimp Market Revenues & Volume, By Peeled, 2021-2031F

6.3.5 Thailand Shrimp Market Revenues & Volume, By Cooked & Peeled, 2021-2031F

6.3.6 Thailand Shrimp Market Revenues & Volume, By Shell-On, 2021-2031F

6.3.7 Thailand Shrimp Market Revenues & Volume, By Frozen, 2021-2031F

6.4 Thailand Shrimp Market, By Sales Channel

6.4.1 Overview and Analysis

6.4.2 Thailand Shrimp Market Revenues & Volume, By Direct, 2021-2031F

6.4.3 Thailand Shrimp Market Revenues & Volume, By Indirect, 2021-2031F

6.5 Thailand Shrimp Market, By Application

6.5.1 Overview and Analysis

6.5.2 Thailand Shrimp Market Revenues & Volume, By Food, 2021-2031F

6.5.3 Thailand Shrimp Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.5.4 Thailand Shrimp Market Revenues & Volume, By Cosmetics, 2021-2031F

6.5.5 Thailand Shrimp Market Revenues & Volume, By Industrial, 2021-2031F

6.5.6 Thailand Shrimp Market Revenues & Volume, By Biotechnology, 2021-2031F

7 Thailand Shrimp Market Import-Export Trade Statistics

7.1 Thailand Shrimp Market Export to Major Countries

7.2 Thailand Shrimp Market Imports from Major Countries

8 Thailand Shrimp Market Key Performance Indicators

9 Thailand Shrimp Market - Opportunity Assessment

9.1 Thailand Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F

9.2 Thailand Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F

9.3 Thailand Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F

9.4 Thailand Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

9.5 Thailand Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F

10 Thailand Shrimp Market - Competitive Landscape

10.1 Thailand Shrimp Market Revenue Share, By Companies, 2024

10.2 Thailand Shrimp Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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