The segment of farmed whiteleg shrimps led the market in 2016 and is anticipated to continue dominating over the projected period. Due to its mild and sweet flavour, it is frequently used in shrimp salads and shrimp cocktails. Furthermore, throughout the course of the forecast period, Western Europe and North America are expected to witness significant expansion in the huge tiger shrimp market.
The food industry accounted for the largest application segment in 2016 as a result of expanding restaurant and fast food chain demand for shrimp and the popularity of frozen and canned Shrimp Market. The UN FAO reports that 73,681 thousand units of edible fish were produced globally through aquaculture in 2014. Shrimps are also rich in omega-3 fatty acids like EPA (Eicosapentaenoic Acid) and DHA (Docosahexaenoic Acid).
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