France Shrimp Market Size & Outlook, 2025-2033
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France shrimp market highlights
- The France shrimp market generated a revenue of USD 1,853.8 million in 2024 and is expected to reach USD 2,848.4 million by 2033.
- The France market is expected to grow at a CAGR of 4.9% from 2025 to 2033.
- In terms of segment, b2b was the largest revenue generating species in 2024.
- B2C is the most lucrative species segment registering the fastest growth during the forecast period.
Shrimp market data book summary
| Market revenue in 2024 | USD 1,853.8 million |
| Market revenue in 2033 | USD 2,848.4 million |
| Growth rate | 4.9% (CAGR from 2025 to 2033) |
| Largest segment | B2b |
| Fastest growing segment | B2C |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | B2C, B2B |
| 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, France accounted for 2.5% of the global shrimp market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Europe, France shrimp market is projected to lead the regional market in terms of revenue in 2033.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2,485.1 million by 2033.
B2b was the largest segment with a revenue share of 58.58% in 2024. Horizon Databook has segmented the France shrimp market based on b2c, b2b covering the revenue growth of each sub-segment from 2021 to 2033.
The demand for seafood, including shrimp, continues to grow as consumers seek healthy and protein rich food options. Shrimp is known for its nutritional benefits, making it an attractive choice for health conscious consumers. Brown shrimp is one of the most consumed seafood in France, particularly in French seafood platters. Shrimp producers and suppliers are increasingly adopting sustainable and responsible aquaculture practices, which resonates with eco-conscious consumers.
Shrimp producers use water management techniques, such as recirculating aquaculture systems (RAS), to minimize water usage and reduce the risk of pollution. Some shrimp producers seek certifications from organizations like the Aquaculture Stewardship Council (ASC) and Global G.A.P. These certifications indicate compliance with specific sustainability and responsible aquaculture standards.
The development of local shrimp aquaculture farms in France can contribute to a steady supply of fresh and locally sourced shrimp, appealing to consumers who prefer domestic produce. In March 2022, French startup Lisaqua secured 4.9 million euros in funding to establish a land-based shrimp farm with a strong focus on sustainability.
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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 |
France shrimp market size, by species, 2021-2033 (US$M)
France Shrimp Market Outlook Share, 2024 & 2033 (US$M)
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