Vietnam Shrimp Market Size & Outlook, 2026-2033
The shrimp market in Vietnam is expected to reach a projected revenue of US$ 3,416.6 million by 2033. A compound annual growth rate of 4.2% is expected of Vietnam shrimp market from 2026 to 2033.
Revenue, 2025 (US$M)
$2,458.5
Forecast, 2033 (US$M)
$3,416.6
CAGR, 2026 - 2033
4.2%
Report Coverage
Vietnam
Related Markets
Vietnam shrimp market highlights
- The Vietnam shrimp market generated a revenue of USD 2,458.5 million in 2025 and is expected to reach USD 3,416.6 million by 2033.
- The Vietnam market is expected to grow at a CAGR of 4.2% 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 2,458.5 million |
| Market revenue in 2033 | USD 3,416.6 million |
| Growth rate | 4.2% (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, Vietnam accounted for 3.1% of the global shrimp market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China shrimp market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,069.5 million by 2033.
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Shrimp Market Scope
Shrimp market segmentation & 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 |
Vietnam shrimp market size, by species, 2021-2033 (US$M)
Vietnam Shrimp Market Outlook Share, 2025 & 2033 (US$M)
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