Europe Shrimp Market Size & Outlook, 2026-2033
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Europe shrimp market highlights
- The Europe shrimp market generated a revenue of USD 11,958.3 million in 2025.
- The market is expected to grow at a CAGR of 5.3% from 2026 to 2033.
- In terms of segment, b2b was the largest revenue generating distribution channel in 2025.
- B2C is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2026 to 2033.
Europe data book summary
| Market revenue in 2025 | USD 11,958.3 million |
| Market revenue in 2033 | USD 18,053.2 million |
| Growth rate | 5.3% (CAGR from 2026 to 2033) |
| Largest segment | B2b |
| Fastest growing segment | B2C |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | B2B, B2C |
| Key market players worldwide | Thai Union Group PCL ADR, Avanti Feeds, High Liner Foods, Surapon Foods, Clearwater Seafoods, Mazzetta Company, Aqua Star, Nordic Seafood, Waterbase, Ocean Direct |
Other key industry trends
- In terms of revenue, Europe region accounted for 15.1% of the global shrimp market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- MEA is the fastest growing regional market and is projected to reach USD 2,603.6 million by 2033.
B2b was the largest segment with a revenue share of 58.75% in 2025. Horizon Databook has segmented the Europe shrimp market based on b2b, b2c covering the revenue growth of each sub-segment from 2021 to 2033.
There is a growing demand for shrimp and other seafood products in Europe, driven by rising consumer preference for healthier and protein-rich diets. Shrimp is considered a healthy source of protein, making it a popular choice. European consumers are increasingly concerned about sustainable and responsible seafood.
The shrimp industry has responded to this by adopting sustainable practices and acquiring aquaculture certifications like ASC (Aquaculture Stewardship Council) and MSC (Marine Stewardship Council). Ongoing efforts to address pressing issues facing the shrimp industry and encourage collaborations among industry leaders will bode well for the shrimp market in Europe.
For instance, the annual Global Shrimp Forum held in Utrecht, the Netherlands, is a dedicated platform for members of the Global Shrimp Forum Foundation, which includes feed companies, farmers, service providers, technology suppliers, exporters, processors, importers, retailers, wholesalers, and other industry stakeholders in the warm water shrimp industry. The event offers strong opportunities for networking and scientific and technological breakthroughs.
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Shrimp Market Scope
Shrimp Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ocean Direct | View profile | 11-50 | Gardena, California, United States, North America | https://oceandirect.com |
| Nordic Seafood | View profile | 51-100 | Hirtshals, Nordjylland, Denmark, Europe | https://www.nordicseafood.com |
| Aqua Star | View profile | 101-250 | Seattle, Washington, United States, North America | https://www.aquastar.com/ |
| Mazzetta Company | View profile | 11-50 | Highland Park, Illinois, United States, North America | https://www.mazzetta.com |
| Clearwater Seafoods | View profile | 1001-5000 | Bedford, Quebec, Canada, North America | http://www.clearwater.ca/ |
| Surapon Foods | View profile | 1001-5000 | Samut Prakan, Samut Prakan, Thailand, Asia | http://www.surapon.com |
| High Liner Foods | View profile | 1001-5000 | Lunenburg, Nova Scotia, Canada, North America | http://www.highlinerfoods.com |
| Waterbase | View profile | 501-1000 | Chennai, Tamil Nadu, India, Asia | http://www.waterbaseindia.com/ |
| Avanti Feeds | View profile | 51-100 | Visakhapatnam, Andhra Pradesh, India, Asia | http://www.avantifeeds.com/ |
| Thai Union Group PCL ADR | View profile | 10116 | 72/1 Moo 7, Sethakit 1 Road, Tarsrai Sub-district, Amphur Muang, Samutsakorn, Samut sakhon, Thailand, 74000 | https://www.thaiunion.com |
Europe shrimp market size, by country, 2021-2033 (US$M)
Europe Shrimp Market Outlook Share, 2025 & 2033 (US$M)
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