Prawn Market Growth, Demand and Challenges of the Key Industry Players 2024-32
                     Global Prawn Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Accord ing  to  the  l a t es t  r epor t  by  I MARC Group,  t i t l ed  "Prawn  Market :  G l oba l  
Indust ry  T rends ,  Share ,  S ize ,  G rowth ,  Opportun i ty  and  Forecast  2024-
2032, "  t he  g loba l  p rawn marke t  s i ze  reached 8 . 4  M i l l i on  Tons  i n  2023.
P rawn  i s  an  aquat i c  c rus t acean  w i th  a  hard  exoske le t on  f ound in  f resh  and 
Report sa l t wa t er  env i ronment s ,  such  as  oceans ,  r i ve r s ,  seas ,  and  es tuar ies .  I t  i s  a  r i ch  sou rce  o f  p ro te ins ,  v i t am ins  A ,  D,  E ,  B1 ,  B2 ,  and  B3 ,  omega-3  fa t t y  ac ids ,  
an t i ox idan ts ,  z inc ,  magnes ium,  phosphorous ,  and  se len ium.  
Highlight and Prawns  can be  cooked in  a  var ie t y  o f  ways ,  inc lud ing  bo i l i ng ,  g r i l l i ng ,  sau te ing ,  o r  
f r y ing ,  and  a re  w ide ly  used  in  soups ,  s tews ,  sa lads ,  pas t a ,  cur r ies ,  appe t i ze rs ,  
Description cock t a i l s ,  and  ma in  course  d ishes .  I t  i s  a  cos t -e f fec t i ve ,  nu t r i t i ous ,  and  low- fa t  p roduc t  t ha t  i s  easy  to  cook ,  p rov ides  exce l len t  f l avo r ,  and  can be  pa i red  w i t h  
va r i ous  ing red ien t s .  I t  a l so  a ids  in  s t reng t hen ing  bones ,  boos t i ng  the  im mune 
sys tem,  and improv ing  ove ra l l  hea l t h .
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Report Description
G lo b a l  P r a w n  M a r k e t  T r e n d s :
T h e  r i s i n g  d e m a n d  f o r  s e a f o o d  d u e  t o  c h a n g i n g  c o n s u m e r  d i e t a r y  p r e f e r e n c e s  i s  o n e  o f  t h e  k e y  f a c t o r s  d r i v i n g  t h e  m a r k e t  g r o w t h .  P r a w n  i s  
a  v e r s a t i l e  c o o k i n g  i n g r e d i e n t  t h a t  i s  w i d e l y  u s e d  i n  p i z z a s ,  s p r i n g  r o l l s ,  b i r y a n i ,  p a e l l a ,  d u m p l i n g s ,  c u r r i e s ,  p a s t a ,  b i s q u e ,  c a k e s ,  r i s o t t o ,  
a n d  t a c o s .  I n  a d d i t i o n  t o  t h i s ,  t h e  w i d e s p r e a d  p r o d u c t  u t i l i z a t i o n  i n  r e a d y - t o - e a t  ( R T E )  m e a l s  d u e  t o  i t s  l o n g e r  s h e l f - l i f e  a n d  h i g h  n u t r i e n t  
c o n t e n t s  i s  a c t i n g  a s  a n o t h e r  g r o w t h - i n d u c i n g  f a c t o r .  F u r t h e r m o r e ,  t h e  i n c r e a s i n g  c o n s u m e r  a w a r e n e s s  r e g a r d i n g  v a r i o u s  p r o d u c t  h e a l t h  
b e n e f i t s ,  s u c h  a s  r e d u c i n g  i n f l a m m a t i o n ,  b o o s t i n g  b r a i n  f u n c t i o n ,  p r o m o t i n g  h e a l t h y  v i s i o n ,  m a i n t a i n i n g  b l o o d  s u g a r  l e v e l s ,  s t r e n g t h e n i n g  
t h e  i m m u n e  s y s t e m ,  a n d  m i n i m i z i n g  t h e  r i s k  o f  a n e m i a ,  i n f e c t i o n s ,  d i a b e t e s ,  c a n c e r ,  a n d  c a r d i o v a s c u l a r  d i s e a s e s  ( C V D s )  i s  p r o v i d i n g  a n  
i m p e t u s  t o  t h e  m a r k e t  g r o w t h .  
A d d i t i o n a l l y ,  t h e  r e c e n t  d e v e l o p m e n t  o f  g e n e t i c a l l y - m o d i f i e d  p r a w n s ,  w h i c h  a r e  d i s e a s e - r e s i s t a n t ,  c l i m a t e  t o l e r a n t ,  a n d  o f f e r  b e t t e r  m e a t  
q u a l i t y ,  i s  p o s i t i v e l y  i n f l u e n c i n g  t h e  m a r k e t  g r o w t h .  A p a r t  f r o m  t h i s ,  t h e  a d o p t i o n  o f  s m a r t  a q u a c u l t u r e  f a r m i n g  p r a c t i c e s  t h a t  u t i l i z e  
s e n s o r s  a n d  t h e  I n t e r n e t  o f  T h i n g s  ( I o T )  t e c h n o l o g y  t o  m o n i t o r  a n d  o p t i m i z e  p r a w n  p r o d u c t i o n  i s  f a v o r i n g  t h e  m a r k e t  g r o w t h .  M o r e o v e r ,  t h e  
i m p l e m e n t a t i o n  o f  v a r i o u s  g o v e r n m e n t  p o l i c i e s  t o  p r o m o t e  s u s t a i n a b l e  a q u a c u l t u r e  a n d  p r o v i d e  s u b s i d i e s  t o  f a r m e r s  f o r  p r a w n  e x p o r t  a r e  
c r e a t i n g  a  p o s i t i v e  o u t l o o k  f o r  t h e  m a r k e t .  
L o o k in g  f o r w a r d ,  t h e  m a r k e t  v o l u m e  is  e x p e c t e d  t o  r e a c h  1 0 .9  M i l l i o n  t o n s  b y  2 0 3 2 ,  e x h i b i t in g  a  C A G R  o f  2 . 9 %  d u r i n g  2 0 2 4 -
2 0 3 2 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / p r e f e a s i b i l i t y - r e p o r t - p r a w n - p r o c e s s in g - p la n t
Breakup by Species:
• Penaeus Vannamei
• Penaeus Monodon
• Macrobrachium Rosenbergi i
• Others
 
Breakup by Prawn Size:
Report • 70
Breakup by Region:
Major Producing Regions:
• China
• Ind ia
• Indonesia
• Vietnam
• Thai land
Report • Ecuador
• Others
Segmentation
Major Consuming Regions:
• United States
• China
• Europe
• Japan
• Indonesia
• Others 
How has the global prawn market performed so far, and 
how will it perform in the coming years?
What are the drivers, restraints, and opportunities in 
the global prawn market?
What is the impact of each driver, restraint, and 
Key opportunity on the global prawn market?
Questions What are the key regional markets?
Answered in 
Which countries represent the most attractive prawn 
the Report market?
What is the breakup of the market based on the 
producing and consuming regions?
Which is the most attractive producing and consuming 
regions in the prawn market?
What is the breakup of the market based on species?
Which is the most attractive species in the prawn 
market?
What is the breakup of the market based on prawn size?
Which is the most attractive prawn size in the prawn 
Key market?
Questions What is the competitive structure of the global prawn 
market?
Answered in 
Who are the key players/companies in the global prawn 
the Report market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5    G l o b a l  P r a w n  I n d u s t r y
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
        5 . 2 . 1     V o l u m e  T r e n d s
        5 . 2 . 2     V a l u e  T r e n d s
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     P r i c e  T r e n d s
        5 . 4 . 1     K e y  P r i c e  I n d i c a t o r s
        5 . 4 . 2     P r i c e  S t r u c t u r e
        5 . 4 . 3     P r i c e  T r e n d s
    5 . 5     M a r k e t  B r e a k u p  b y  R e g i o n
        5 . 5 . 1     M a j o r  P r a w n  P r o d u c i n g  R e g i o n s
        5 . 5 . 2     M a j o r  P r a w n  C o n s u m i n g  R e g i o n s
    5 . 6     M a r k e t  B r e a k u p  b y  S p e c i e s
    5 . 7     M a r k e t  B r e a k u p  b y  P r a w n  S i z e
       
    5 . 8     G l o b a l  I m p o r t s  a n d  E x p o r t s
    5 . 9     V a l u e - A d d i t i o n
    5 . 1 0     P r o c es s e d  P r a w n  I m p o r t s :  B re a k u p  b y  T y pe
    5 . 1 1     M a r ke t  F o r e c a s t
6    G l o b a l  P r a w n  I n d u s t r y :  S W OT  A n a l y s i s
    6 . 1     Ov e r v i e w
    6 . 2     S t r e n g t h s
    6 . 3     W e a kn e s s e s
    6 . 4     Op p o r t u n i t i e s
    6 . 5     T h r e a ts
7    G l o b a l  P r a w n  I n d u s t r y :  V a l u e  C h a i n  A n a l ys i s
Table of     7 . 1     B r o o d s t o c k  a n d  H a t c h e r y
    7 . 2     P r a w n  H a r v e s t i n g
    7 . 3     A u c t i o n
Contents     7 . 4     P e e l i n g /P r e - p r o c e s s i ng    7 . 5     La r g e  S c a l e  In d u s t r i a l  P r oc e s s i n g
    7 . 6     D o m e s t i c  Ma r k e t  
    7 . 7     E x p o r t s  
8    G l o b a l  P r a w n  I n d u s t r y :  P o r t e r ’ s  F iv e  F o rc e s  A n a l y s is
    8 . 1    Ov e r v i ew
    8 . 2    B a r g a i n i ng  P o w e r  o f  B u y e r s
    8 . 3    B a r g a i n i ng  P o w e r  o f  S u p p l i e r s
    8 . 4    D e g r e e  o f  R i v a l r y
    8 . 5    T h r e a t  o f  N ew  E n t ra n t s
    8 . 6    T h r e a t  o f  S u bs t i t u t es
9    G l o b a l  P r a w n  I n d u s t r y :  K e y  S u c c e s s  F a c t o r s
10    Ma j o r  F a r m e d  P ra w n  P ro d u c in g  R e g i o n s      
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