As per the analysis by Expert Market Research, the Europe shrimp market attained a volume of 1115.30 KMT in 2024. The market is estimated to observe a CAGR of 1.60% in the forecast period of 2025-2034 to reach a volume of 1307.16 KMT by 2034.
A small free-swimming crustacean that is often marine is known as a shrimp and has an elongated body, a long tail, and a single pair of pincers. Shrimps are typically found close to the ocean's surface, in rivers and lakes, and along some coasts. The majority of its species are very valuable as food and have huge economic significance.
Europe accounts for the major market for seafood and fish. One of the main seafood products consumed in Spain, Portugal, France, and Italy is shrimp. Shrimps are a rich source of proteins and omega-3 fats, which have benefits like improved bone and brain health and lowered risk of cardiovascular diseases. Such benefits are increasing the demand for shrimp among the health-conscious consumers.
The rising per capita consumption of seafood across the continent is driving the growth of the Europe shrimp market. The primary drivers include the rising demand for seafood products at competitive prices and the transition in the shrimp processing industry toward high volume and frozen product markets. The market is also expanding due to a number of other factors, including the region’s strong food service sector and its growing population. Along with the demand for sustainably certified seafood, the rise in sales of pre-packaged and frozen fish products is anticipated to continue as a major trend over the projected period.
Europe Shrimp News: Sustainable Aquaculture & Market Innovations
January 2025: With the aid of BlueInvest, the French startup Agriloops revolutionized vegetable cultivation and shrimp production using state-of-the-art saltwater aquaponics technology. The business established its first large-scale production facility in France, near customers in the European Union.
November 2024: An important investment in sustainable aquaculture technology inside the European Union was made when the European Investment Bank (EIB) which announced a €35 million loan to Oceanloop, a food technology firm based in Munich. The goal of this project is to help Oceanloop achieve its ambitious goals of growing its indoor shrimp farming business and developing its cutting-edge recirculating aquaculture system (RAS) technology.
July 2024: The German startup called Aquapurna revolutionized shrimp farming by using a technology-driven, holistic, and ecological strategy. High-quality, sustainable shrimp are produced by the company using its unique Smart Reef System, which replicates the natural shrimp environment. Shrimp health and productivity are maximized by this sophisticated, automated technology, which produces a regulated, stress-free environment that replicates nature.
December 2023: The Ecuadorian shrimp farmer Edpacif, the French retailer Auchan, the feed company BioMar, and the international non-governmental organization Earthworm Foundation created a new product line that raises the bar for ethical shrimp.
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Top 7 Shrimp Suppliers Europe: Frozen & Sustainable Seafood
1. Nordic Seafood A/S
| Headquarters: |
Hirtshals, Denmark |
| Establishment: |
1988 |
| Website: |
https://www.nordicseafood.com/home |
Nordic Seafood is one of the leading companies in the world that distributes seafood internationally and domestically. It is owned by Japan’s leading seafood company, Nippon Suisan Ltd. The company sells more than 1,000 varieties of products. Through worldwide non-profit organisations Marine Stewardship Council (MSC) and Aquaculture Stewardship Council, Nordic Fish actively promotes sustainability in the seafood business (ASC).
2. Heiploeg Group
| Headquarters: |
Groningen, Netherlands |
| Establishment: |
1900 |
| Website: |
https://www.heiploeggroup.com/en-us/ |
Heiploeg is a leading shrimp supplier in Europe, focusing on innovation and sustainability. It is Europe’s no. 1 supplier of North Sea shrimp. Their products are made from shrimp, shellfish, and crustaceans such as mussels and scallops.
3. Vichiunai-RUS OOO
| Headquarters: |
Sovetsk, Russia |
| Establishment: |
1991 |
| Website: |
http://www.viciunaigroup.eu/en |
Vichiunai group is one of the largest and most economically strong producers of surimi products, crab taste sticks, and fish in Europe. The company has a workforce of over 8,000 employees across 13 procession units. They lead in importing fish fillets, fish meat, and mince (aside from liver, roe, and crustaceans) from reliable suppliers at affordable costs, which helps to cement their position in the international importers market.
4. Liveris Afentoulis & Co.
| Headquarters: |
Keramoti, Greece |
| Establishment: |
1971 |
| Website: |
https://www.afentoulis.gr/en/ |
Afentoulis & Co. is one of the largest exporters of seafood in Greece. It has its representative branches and offices in Athens and Spain. They process and sell the catches of around 100 fishing vessels. Some of their products are octopus, black shrimp, red shrimp, sea bream, and many more.
5. Sykes Seafood Ltd.
| Headquarters: |
Manchester, United Kingdom |
| Establishment: |
1862 |
| Website: |
https://sykesseafood.com/ |
Sykes Seafood is one of the leading suppliers of fresh and frozen seafood in the United Kingdom. The company’s seafood and fish are sold in containers which are bought by countries globally like India, Iceland, Greenland, and New Zealand. They are able to manage around 400 tonnes of frozen fish and seafood of the finest quality sourced from all across the globe.
6. Shore NV
| Headquarters: |
Vlaanderen, Belgium |
| Establishment: |
2016 |
| Website: |
http://shore.eu/ |
One of the top suppliers of sustainable seafood is Shore NV, which is also the only supplier of pure shrimp in Europe. The company brings the finest and most sustainable frozen shrimp. They are a group of three processing units: Morubel, Telson, Rainbow Export Processing and Ristic.
7. Seamark plc
| Headquarters: |
Manchester, United Kingdom |
| Establishment: |
1976 |
| Website: |
https://seamark.co.uk/ |
Seamark is one of the leading processors, distributors, and exporters of frozen food in Europe. It operates both domestically and internationally. Though the company offers a variety of seafood, their most notable items are king prawns, vannamei, and black tiger shrimps. They have more than 1,000 products in their portfolio. Their processing plant in Bangladesh alone can produce an output of 100 tonnes of seafood.
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