Spain Shrimp Market Size & Outlook, 2022-2030

L. vannamei was the largest segment with a revenue share of 45.33% in 2022. Horizon Databook has segmented the Spain shrimp market based on l. vannamei, trachipenaeus curvirostris, pleoticus muelleri, p. monodon, acetes japonicus, pandalus borealis, p. chinensis covering the revenue growth of each sub-segment from 2017 to 2030.

Shrimp, particularly prawns, hold cultural significance in Spain, especially in coastal regions like Andalusia and Catalonia. Shrimp-based dishes like "gambas al ajillo" (garlic shrimp) and "gambas a la plancha" (grilled shrimp) are traditional and cherished parts of Spanish cuisine, driving consistent consumption. Growing awareness of sustainable seafood practices is encouraging consumers to choose responsibly sourced shrimp products, which are increasingly available in the Spanish market.

In February 2022, Noray Seafood, a shrimp producer in Spain, announced a USD 17.17 million investment, led by Creadev, an investment company operating worldwide directed at accelerating its growth plans of sustainable indoor shrimp farming in Spain. The raised funds were allocated to bolster the company's expansion strategy, enabling an increase in production capacity at its Medina del Campo facility, situated approximately 1.5 hours to the north of Madrid, Spain. Such efforts will propel the shrimp market in the country.