US Shrimp Market: by Type (Wild-Caught, Farm-Raised), Application (Food Service, Retail, Household, Industrial, Animal Feed, Others), Distribution Channels (Online, Offline, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Direct Sales), Technology (Traditional Farming, Recirculating Aquaculture Systems, Biofloc Technology, Integrated Multi-Trophic Aquaculture, Automation and AI, Others), Organization Size (Small, Medium, Large) and By US â Historical & Forecast Period (2020-2035) Comprehensive Study 2025
Last Updated: 31-08-2025 | Format: PDF | Report ID:20879
US Shrimp Market 2025-2035 Outlook and Forecast
The US shrimp market is experiencing robust growth, driven by rising consumer demand for seafood, innovations in sustainable aquaculture, and strong retail and food service sector performance. The market, valued at USD 7,900 Million in 2025, is projected to reach USD 13,450 Million by 2035, reflecting a CAGR of 5.5% from 2025 to 2035. The landscape is characterized by a shift toward farm-raised shrimp, expansion in online retail channels, and increasing adoption of advanced technologies such as Recirculating Aquaculture Systems and Biofloc Technology. Key players are focusing on expanding product portfolios, enhancing distribution networks, and investing in sustainability initiatives to meet evolving regulatory and consumer demands. Strategic collaborations and investments in automation are shaping the competitive dynamics, while challenges such as disease management and price volatility persist.
Understanding the Impact of Tariffs on "US Shrimp Market".
Latest Market Dynamics
Key Drivers
Surging consumer inclination towards protein-rich and convenient seafood options, as seen by Sysco Corporation expanding its shrimp product offerings in 2025 to cater to health-conscious demographics.
Advancements in sustainable aquaculture technologies, with Pacific Seafood Group launching a new facility utilizing Recirculating Aquaculture Systems in June 2024 to ensure consistent, high-quality shrimp supply.
Key Trends
Rising adoption of direct-to-consumer and online sales, highlighted by Aqua Star Corp's e-commerce sales rising by 32% YoY in early 2025.
Implementation of automation and AI in shrimp farming, evidenced by Maruha Nichiro Corporation's partnership with a US-based AI solutions company to boost operational efficiency, announced in February 2025.
Key Opportunities
Expansion into premium and value-added shrimp products, as Trident Seafoods Corporation introduced new ready-to-cook shrimp meals in April 2025 for the retail segment.
Growth in eco-labeled and sustainably certified shrimp products, with High Liner Foods Inc. launching MSC-certified shrimp lines in March 2025.
Key Challenges
Disease outbreaks in shrimp farms, leading to increased risk for suppliers such as National Fish & Seafood Inc., who implemented new biosecurity measures in May 2025.
Volatile import prices affecting profit margins, with Mazzetta Company reporting pressure on pricing due to fluctuating global supply chains in January 2025.
Key Restraints
Stringent regulatory standards on shrimp farming and imports, impacting players like Chicken of the Sea Frozen Foods, which adapted operations for new FDA guidelines in July 2024.
Environmental sustainability concerns limiting expansion of traditional farming, leading Maruha Nichiro Corporation to invest in water-efficient technologies in late 2024.
US Shrimp Market Share by Type, 2025
In 2025, farm-raised shrimp dominates the US market with a substantial share owing to scalable production and lower costs, representing growing consumer preference for sustainable and reliable sources. Wild-caught shrimp continue to command a dedicated portion of the market due to their unique flavor and sustainability attributes, while other types, such as specialty and niche species, occupy a smaller but growing niche, driven by gourmet dining and ethnic cuisines. This dominance of farm-raised varieties supports year-round supply and price stability, aligning with food service and retail demands, while wild-caught shrimp face ongoing regulatory and environmental pressures. The interplay of these segments ensures the market's resilience and diversity, catering to various consumer needs.
US Shrimp Market Share by Applications, 2025
Food service remains the leading application channel in the US shrimp market for 2025, thanks to robust demand from restaurants, hotels, and catering businesses. Retail follows closely with consumers increasingly purchasing shrimp for home meal preparation. Household and industrial applications form a smaller segment, though both are growing as product innovation supports convenience and versatility. Animal feed and other industrial uses reflect emerging opportunities as byproducts gain traction in pet and aquaculture feed. This distribution underscores the strong role of the food industry—led by quick-service restaurants and premium eateries—in shaping shrimp consumption patterns, while retail sees gains from expanding online platforms and value-added product launches.
US Shrimp Market Revenue (USD Million), 2020-2035
The US shrimp market has shown a robust growth trajectory, starting at USD 6,300 Million in 2020 and reaching USD 7,900 Million by 2025. Continued expansion is forecast, with revenues projected to climb to USD 13,450 Million by 2035, reflecting consumer demand for seafood, innovation in aquaculture, and expansion of retail and food service segments. The consistent rise is supported by increased investment in technology and sustainability, broadening market reach and product variety. Regulatory advancements and strategic partnerships further foster stable growth, underlining the shrimp segment's importance in the US protein market.
US Shrimp Market Year-on-Year Growth (%), 2020-2035
Year-on-year growth in the US shrimp market is projected to remain steady, with the market achieving a 5.5% CAGR between 2025 and 2035. After a growth spike from 2020 to 2025 attributed to post-pandemic recovery and supply chain adaptations, annual growth rates stabilize, supported by rising demand, technological adoption, and diversification of products. The focus on value-added and sustainable offerings will continue to drive this momentum, ensuring that the market maintains competitive progression into the next decade. Challenges remain, yet strong fundamentals and strategic investments underpin long-term prospects.
US Shrimp Market Share by Region, 2025
The Southern US region commands the largest share of the shrimp market, benefiting from proximity to the Gulf and Atlantic coasts and established processing infrastructure. The Western region is gaining ground due to imports through Pacific ports and a vibrant seafood industry, while the Northeast continues its tradition of high-value shrimp consumption. These geographical trends highlight the role of coastal access, import capabilities, and urban demand centers in determining regional market dynamics. Growth in the Midwest is fueled by national distribution networks and rising at-home consumption.
US Shrimp Market Players Share, 2025
Sysco Corporation leads the US shrimp market in 2025, leveraging expansive distribution and innovative product offerings. Seaboard Corporation and Pacific Seafood Group maintain prominent positions through integrated supply chains and investment in sustainable sourcing. These top players collectively secure over half the market, highlighting a competitive yet consolidated environment shaped by established brands, logistics capacity, and ongoing expansion into premium segments. Smaller players and specialized suppliers continue to serve niche and regional markets, contributing to diversity and innovation in the sector.
US Shrimp Market Buyers Share, 2025
Major restaurant chains and food service distributors form the largest buyer group in the US shrimp market, accounting for the lion’s share due to volume purchases and long-term contracts. Retailers, including supermarkets and specialty stores, account for a significant portion as home consumption rises, particularly via online platforms. The balance comprises industrial users, animal feed producers, and niche/household buyers leveraging value-added shrimp formats. This distribution reflects the multi-channel approach essential to capturing growth opportunities and adjusting to shifting consumer preferences.
Study Coverage
Metrics
Details
Years
2020-2035
Base Year
2025
Market Size
7900
Regions
South, West, Northeast, Midwest
Segments
By Type, By Application, By Distribution Channels, By Technology, By Organization Size
Players
Sysco Corporation, Seaboard Corporation, Pacific Seafood Group, Aqua Star Corp, Maruha Nichiro Corporation, National Fish & Seafood Inc, Trident Seafoods Corporation, Mazzetta Company, High Liner Foods Inc., Chicken of the Sea Frozen Foods, Eastern Fish Company, Atlantic Trading Company, Thai Union Group, Ocean Garden Products, Beaver Street Fisheries Inc.
Key Recent Developments
June 2024: Pacific Seafood Group launched a state-of-the-art RAS facility for sustainable shrimp cultivation in California.
July 2024: Chicken of the Sea Frozen Foods updated processes to comply with new FDA shrimp import standards.
February 2025: Maruha Nichiro Corporation partnered with US-based AquaAI to implement smart farming solutions.
March 2025: High Liner Foods Inc. introduced a new line of MSC-certified shrimp products.
April 2025: Trident Seafoods Corporation released its first ready-to-cook shrimp meal kits for US retail markets.
