Thailand Shrimp Market Share, Top Companies, Demand and Opportunities 2025-2033

Thailand Shrimp Market 2025–2033

According to the latest research report by IMARC Group titled “Thailand Shrimp Market Report by Environment, Species, Shrimp Size, Distribution Channel, and Region 2025–2033,” this study offers a comprehensive analysis of the shrimp industry in Thailand. It includes key market dynamics, trends, competitive insights, and future forecasts along with a detailed segmentation analysis.

How Big is the Thailand Shrimp Market?

The Thailand shrimp market size reached USD 451.39 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 637.48 Million by 2033, exhibiting a CAGR of 3.91% during 2025–2033.

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Thailand Shrimp Market Trends

The shrimp market in Thailand is an important segment of the aquaculture industry, and it is known for producing world-class shrimp with a high level of competitiveness. Thailand has historically been one of the leading shrimp exporters to major markets including the U.S. market, Japan and the European Union market. The industry is buoyed by nature's favorite gifts that allow for competitive advantages from a low-cost structure, including vast coastal land and a tropical climate facilitating year-round production. There are sophisticated practices in breeding, feeding and preventive or therapeutic management of diseases that guarantee Thai shrimp farmers with predictable production, and quality of the product that depends on the segment––live, frozen, etc.

The country has every possible level of aquaculture practice, from traditional, small-scale shrimp farming to mega farming that integrates technology and sustainability policies; the farmers can verge all practices of shrimp farming and guarantee high quality. The processing sector within the shrimp aquaculture has modern technology and can handle all productions, from peeling and deveining, or processed value-added products, and all kinds of cooked, frozen or ready-to-eat shrimp. And with this kind of complete vertical supply chain, this has established Thailand as a high volume and reliable, efficient supplier in the global seafood trade.

Thailand Shrimp Market Scope and Growth Analysis

Sustainability and innovation have been crucial for shrimp produced in Thailand, which is constantly evolving to address consumer and environmental needs. There has been increased attention recently to the use of sustainable farming practices, which include a reduction of antibiotic use, improved management systems of water, and organic feeds. These practices have improved shrimp health, productivity and disease resistance, as well as contributed to sustainability from environmental impacts improvements and food safety. To that end, the Thai government and private actors have been working together to promote best practices and required training programs and certification for farmers.

Additionally, the general market is switching to consumer preference for traceable, ethically sourced shrimp. There has been investment in blockchain technology for tracking shrimp to ensure organic, traceability, and sustainability, for the sake of market demand for robotic farms. The Thailand shrimp industry, despite issues pertaining to global price fluctuations, and diseases, is strong both with research, technology and international trade relationships as a top player in the global shrimp market.

Thailand Shrimp Market Growth & Segmentation

Breakup by Environment:

• Farmed Shrimp

• Wild Shrimp

Breakup by Species:

• Penaeus Vannamei

• Penaeus Monodon

• Macrobrachium Rosenbergii

• Others

Breakup by Shrimp Size:

• <21

• 21–25

• 26–30

• 31–40

• 41–50

• 51–60

• 61–70

Breakup by Distribution Channel:

• Hypermarkets and Supermarkets

• Convenience Stores

• Hotels and Restaurants

• Online Sales

• Others

Breakup by Region:

• Bangkok

• Eastern

• Northeastern

• Southern

• Northern

• Others

Other Key Highlights from the Report:

• COVID-19 Impact on the Market

• SWOT Analysis

• Market Drivers and Success Factors

• Value Chain and Supply Chain Analysis

• Porter’s Five Forces Analysis

• Strategic Recommendations

• Competitive Landscape Overview

• Technological Innovations and Sustainability Trends

• Export and Regulatory Landscape

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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