| 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 | |
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'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.

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
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 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.
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.
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.
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 |