GCC Shrimp Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2021-2026” provides a deep and thorough evaluation of the gcc shrimp market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2015-2020
Base Year: 2020
Forecast Year: 2021-2025
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Shrimp refers to a crustacean with a laterally compressed and elongated body with long antennae. It is a highly popular seafood item that can be found in both deep and shallow water, as well as in streams and freshwater lakes.
Shrimp acts as a rich source of calcium, vitamin D, zinc, omega-3 fatty acids, iodine, vitamin B3, protein, etc. It also offers several health benefits, including improving bone and brain health, reducing the risks of cardiovascular disease, aiding weight loss, relieving eye fatigue, lowering blood pressure, etc.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
GCC Shrimp Market Industry Trends and Drivers:
Significant growth in the economic sector and changing dietary patterns of the consumers are driving the GCC shrimp market. Shifting consumer preferences towards protein-based diets and rising levels of globalization are also propelling the product demand.
Additionally, the expanding foodservice sector and easy availability of processed shrimp in ready-to-eat packaging formats are further contributing to the market growth. Inflating disposable incomes and the hectic schedules of consumers are augmenting the demand for convenient food items, which is also anticipated to fuel the market growth over the forecasted period.
GCC Shrimp Market Market Segmentation:
The market is segmented on the basis of type, end-use, and region.
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the gcc shrimp with the leading players profiled in the report.
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