Spain Shrimp Market Size & Outlook, 2026-2033
Related Markets
Spain shrimp market highlights
- The Spain shrimp market generated a revenue of USD 1,668.8 million in 2025 and is expected to reach USD 2,485.1 million by 2033.
- The Spain market is expected to grow at a CAGR of 5.1% 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 1,668.8 million |
| Market revenue in 2033 | USD 2,485.1 million |
| Growth rate | 5.1% (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, Spain accounted for 2.1% of the global shrimp market in 2025.
- 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 58.64% in 2025. Horizon Databook has segmented the Spain shrimp market based on b2b, b2c covering the revenue growth of each sub-segment from 2021 to 2033.
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.
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.
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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 |
Spain shrimp market size, by species, 2021-2033 (US$M)
Spain Shrimp Market Outlook Share, 2025 & 2033 (US$M)
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