China Shrimp Market 2017-2023 - The Need for Convenience is Reflected by a Strong Growth in Online Shrimp Sales

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Jan 09, 2019, 07:00 ET

DUBLIN, Jan. 9, 2019 /PRNewswire/ --

The "China Shrimp Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The shrimp market in China reached a volume of 1.8 Million Tons in 2017. Looking forward, we expect the shrimp market in China to exceed 2 Million Tons by 2023, exhibiting a CAGR of 2% during 2018-2023.

Shrimps are marine animals that are a popular seafood across the globe and rich in nutrients. The demand of shrimps has been increasing robustly in China. The country has been practicing aquaculture for thousands of years, and currently produces more seafood than the rest of the world combined.

Catalyzed by a strong growth in the Chinese middle-class population, the consumption of shrimps has more than doubled in the past decade. In recent years, shrimp imports into China have increased whereas shrimp exports have declined making China one of the world's biggest importers of shrimp.

A major factor driving the consumption of shrimps in China is the fact that they are perceived to be nutritious and good for health. Shrimps are a very good source of antioxidants and astaxanthin that bolsters the nervous and musculoskeletal system. Apart from this, they also help in prevention of cancer and diabetes.

Moreover, driven by strong economic growth and rising affluence, Chinese consumers are undergoing a nutrition transition', whereby consumers have made a transition from a broadly carbohydrate-based, vegetarian diet to a diet that consists of higher levels of animal products such as shrimps.

One of the key segments that are witnessing strong demand in China are value added shrimp products. Increasing urbanization and busy consumer lifestyles in China have also been driving the demand of cooked and breaded shrimp over the past few years. Products that are easy-to-cook and ready-to-eat are also witnessing strong growth.

The need for convenience is also being reflected by a strong growth in online shrimp sales. While the overall proportion of shrimp sales sold online is still relatively small, this is expected to change as part of the rapid growth in the online food retail market.

Key Questions Answered in This Report:

How has the China shrimp market performed so far and how will it perform in the coming years?
What is the breakup of the china shrimp market on the basis of farmed shrimp and wild shrimp?
What is the breakup of the china shrimp market on the basis of domestic production and imports?
What is the breakup of the china shrimp market on the basis of various species?
What is the breakup of the china shrimp market on the basis of product categories?
What is the breakup of the china shrimp market on the basis of distribution channel?
What are the various stages in the value chain of the China shrimp market?
What are the key driving factors and challenges in the China shrimp market?
What is the structure of the China shrimp market and who are the key players?
What is the degree of competition in the China shrimp market?

Key Topics Covered:

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Shrimp Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Farmed Shrimp and Wild Shrimp
5.4 Market Forecast

6 Global Farmed Shrimp Market
6.1 Market Overview
6.2 Market Performance
6.3 Production Breakup by Region
6.4 Consumption Breakup by Region
6.5 Market Breakup by Species
6.6 Market Breakup by Shrimp Size
6.7 Market Forecast

7 China Shrimp Industry
7.1 China Shrimp Industry as a Part of the Seafood Industry
7.2 Market Overview
7.3 Market Performance
7.4 Market Breakup by Farmed Shrimp and Wild Shrimp
7.5 Market Breakup by Domestic Production and Imports
7.6 Market Breakup by Species
7.7 Market Breakup by Product Categories
7.8 Market Breakup by Distribution Channel
7.9 Market Forecast
7.10 SWOT Analysis
7.11 Value Chain Analysis
7.11.1 Overview
7.11.2 Shrimp Harvesting
7.11.3 Commercial Fisherman
7.11.4 Auction
7.11.5 Peeling/Pre-processing
7.11.6 Large Scale Industrial Processing
7.11.7 Distribution
7.11.8 Retail Market
7.11.9 Institutional Market
7.12 Porters Five Forces Analysis
7.13 Price Analysis
7.14 Key Success and Risk Factors for Shrimp Industry

8 Market Breakup by Shrimp Source
8.1 Farmed
8.2 Wild

9 Market Breakup by Domestic Production and Imports
9.1 Domestic Production
9.2 Imports

10 Market Breakup by Species
10.1 Penaeus Vannamei
10.2 Penaeus Monodon
10.3 Macrobrachium Rosenbergii
10.4 Others

11 Market Breakup by Product Categories
11.1 Peeled
11.2 Shell-on
11.3 Cooked
11.4 Breaded
11.5 Others

12 Market Breakup by Distribution Channel
12.1 Traditional Retail
12.2 Hypermarkets and Supermarkets
12.3 Convenience Stores
12.4 Hotels and Restaurants
12.5 Online Stores
12.6 Others

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players

For more information about this report visit https://www.researchandmarkets.com/research/79xjdj/china_shrimp?w=5

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