IMARC Group, a leading market research company, has recently releases report titled “Japan Shrimp Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the Japan shrimp market growth, report, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The Japan shrimp market is projected to exhibit a growth rate (CAGR) of 3% during 2023-2028.
Shrimp is a small, elongated crustacean found in both saltwater and freshwater environments. It is characterized by its long, segmented body, a hard exoskeleton, and ten legs. It is available in a wide variety, including gulf, white, black tiger pink, and brown shrimps. It is cultivated through breeding, rearing, and harvesting in controlled environments such as ponds, tanks, or enclosures. It is a good source of high-quality protein, essential vitamins and minerals, and omega-3 fatty acids, which can promote heart and brain health. Shrimp contains astaxanthin, a powerful antioxidant that has various health benefits. It is relatively low in calories, making it a suitable option for those looking to manage their weight. It is a staple ingredient in numerous cuisines, enhancing the flavor and texture of a wide range of dishes.
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Japan Shrimp Market Trends and Drivers:
At present, the increasing consumption of protein-rich diets to prevent the occurrence of chronic ailments like arthritis, diabetes, and obesity represents one of the crucial factors impelling the growth of the market in Japan. Besides this, the rising availability of value-added shrimp products, such as pre-packaged, ready-to-cook, and sustainably sourced options, is contributing to the market growth in the country. In addition, the growing concerns about the environmental impact of shrimp farming, including issues related to water pollution, habitat destruction, and the use of antibiotics, are prompting farmers to adopt responsible and eco-friendly production methods.
Moreover, the utilization of automation and data analytics is enhancing the precision and sustainability of shrimp farming operations. Furthermore, the increasing utilization of shrimp as a common ingredient in sushi and sashimi, adding a distinct taste and texture to these dishes, is bolstering the growth of the market. Apart from this, stringent regulations and increased consumer awareness are making it essential for producers to adhere to strict quality control measures throughout the shrimp supply chain. This includes the implementation of robust traceability systems, hygiene practices, and rigorous testing for contaminants.
The report segmented the market on the basis of region, species, shrimp size, and distribution channel.
Species Insights:
- Penaeus Vannamei
- Penaeus Monodon
- Macrobrachium Rosenbergii
- Others
Shrimp Size Insights:
- 21-25
- 26-30
- 31-40
- 41-50
- 51-60
- 61-70
- >70
Distribution Channel Insights:
- Hypermarkets and Supermarkets
- Convenience Stores
- Hotels and Restaurants
- Online Sales
- Others
Regional Insights:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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