Mexico Shrimp Market Size & Outlook, 2026-2033
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Mexico shrimp market highlights
- The Mexico shrimp market generated a revenue of USD 1,909.4 million in 2025 and is expected to reach USD 3,121.9 million by 2033.
- The Mexico market is expected to grow at a CAGR of 6.3% 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.
Shrimp market data book summary
| Market revenue in 2025 | USD 1,909.4 million |
| Market revenue in 2033 | USD 3,121.9 million |
| Growth rate | 6.3% (CAGR from 2026 to 2033) |
| Largest segment | B2b |
| Fastest growing segment | B2C |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 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, Mexico accounted for 2.4% of the global shrimp market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. shrimp market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,749.1 million by 2033.
B2b was the largest segment with a revenue share of 59.4% in 2025. Horizon Databook has segmented the Mexico shrimp market based on b2b, b2c covering the revenue growth of each sub-segment from 2021 to 2033.
Mexico holds a prominent position in the fishing and aquaculture industry. Octopus, tuna, shrimp, tilapia, and certain marine fish species are cultivated via mariculture in the country. Mexico boasts a long coastline along the Pacific Ocean and the Gulf of Mexico, providing ample opportunities for shrimp aquaculture and wild-caught shrimp fishing.
Owing to the large aquaculture sector in Mexico, Hannover Fairs organized the World Seafood Industry 2020 event in Jalisco. Seafood industry events often attract restaurant owners and chefs. They may be inspired to include shrimp dishes on their menus, leading to increased shrimp consumption in restaurants.
Mexican shrimp producers have increasingly adopted sustainable and responsible farming practices, earning certifications, such as Aquaculture Stewardship Council (ASC) and Marine Stewardship Council (MSC). This commitment to sustainability enhances market access, thus driving market growth.
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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 |
Mexico shrimp market size, by species, 2021-2033 (US$M)
Mexico Shrimp Market Outlook Share, 2025 & 2033 (US$M)
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