United States Shrimp Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

United States Shrimp Industry Overview

Shrimp is a popular food among consumers who are health-conscious since it is low in calories, high in protein, and rich in vital nutrients like vitamin B12, selenium, and omega-3 fatty acids. The United States shrimp market has grown as a result of businesses like Prime Shrimp introducing new product lines in response to consumer demand for useful, frozen, and ready-to-cook shrimp items. Prime Shrimp introduced a New Orleans-style BBQ frozen shrimp flavor in August 2023. In February 2024, the company released a soy ginger flavor. The growing need for tasty seafood items that fit into the busy lives of contemporary consumers is met by these new options.

Shrimp are widely imported and produced in the United States. The shrimp industry is growing domestically, especially in Texas and Alabama, although imports from Ecuador, Vietnam, and India still control the majority of the market. Due to its many health advantages, shrimp is still one of the most popular seafood options in the United States.

United States Shrimp Market Growth

The market growth is driven by the several health benefits offered by the product upon consumption, such as prevention of brain cell damage, prevention of numerous chronic health diseases, and an increase in the good HDL cholesterol levels in the human body. In addition to this, the United States is also observing an increase in the demand for convenient and value-added products, like cooked shrimp, tempura shrimp, breaded shrimp, and shrimp paste, which require minimal cooking, further aiding the growth of the United States shrimp market. These are further being incorporated into meals by health-conscious consumers, as they are low in calories and carbohydrates.

The United States is the second-largest consumer of shrimp after China. In the country, shrimps are among the most consumed seafood holding about 25%-30% of the entire seafood market in the country. In the United States, the majority of the shrimp is imported from South Asian and Latin American countries.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Developments

United States Shrimp Market Trends

With the rise of online grocery shopping and increased consumer preference for purchasing food from home, the United States shrimp market is set to continue growing through e-commerce channels. This trend not only provides convenience but also aligns with changing consumer preferences for variety, sustainability, and transparency, which are all increasingly important factors in their purchasing decisions.

There is growing interest in speciality shrimp varieties such as wild-caught, organic, and black tiger shrimp, driven by consumers seeking unique or high-quality options. These varieties often carry premium prices and cater to a more discerning market segment that values flavour, texture, and origin.

United States Shrimp Market Dynamics

The prices of shrimp in the USA have decreased significantly in recent times. The average price of shrimp imported from India decreased from USD 10.21/kg in April 2022 to USD 6.76/kg by February 2024. This steep fall in shrimp prices indicated an oversupply and weaker demand in the country which may affect the United States shrimp demand forecast. This contributed to a 9% drop in the shrimp import value to USD 440 million in the first two months of 2024.

Several market players are making efforts to boost the demand for overall shrimps, which can have a positive impact on the market. For instance, National Fisheries Institute's "Shrimp Council," are providing consumer education campaigns that can promote shrimp as a healthy food product. This campaign includes partnership with chefs and restaurants and social media marketing.

United States Shrimp Market Restraints

Strict environmental laws pertaining to waste management, habitat preservation, and water quality apply to the shrimp farming sector in the United States. For domestic farmers, these laws result in higher production costs, even if they are necessary for sustainability. Since labour expenses are higher in the United States than in other major shrimp exporting nations, local shrimp growers find it challenging to compete with cheaper shrimp from outside. Imported shrimp, especially from nations with far cheaper production costs like Vietnam, Indonesia, and India, present strong competition for the United States shrimp market. The majority of the shrimp available in the United States comes from imports, which frequently offer cheaper prices than domestic suppliers.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

United States Shrimp Industry Segmentation

Market Breakup by Region:

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West 

United States Shrimp Market Share

By Environment Insights

Out of these, the farming variants dominate the overall market, accounting for the largest share, on account of escalating shrimp imports from Asian countries such as Thailand, China, India, and Indonesia. The aquaculture sector in the country is also supported by favourable climatic conditions and growing investment in the aquaculture sector. Moreover, the implementation of strict quality control measures and certifications to ensure the shrimp from these regions meet international standards also boosts the demand of United States shrimp market.

By Species Insights

Amongst these, Penaeus Vannamei is the most popular species of the product in the country. This species possesses a high growth rate and can adapt to wide range of environmental conditions which makes them suitable for large aquaculture farming. Moreover, this species is less likely to be affected by the diseases compared to the other species which also favours its demand and fuels the United States shrimp market value.

By Product Category Insights

The peeled variety currently accounts for the majority of the market share as it reduces the demand for shelling and makes it easier for homemade cooking as well as professional chefs to use it in a wide range of recipes. For instance, peeled shrimp can be used in salads, pasta, and stir-fries, among other seafood dishes, which can boost United States shrimp demand.

By Distribution Channel Insights

Currently, hotels and restaurants represent the largest distribution channels of the product as they offer several shrimp-based dishes. Shrimp can be a crucial ingredient in many cuisines such as Asian, American, and Mediterranean, among others, which are offered by a wide range of high-end restaurants and hotels and boost United States shrimp market revenue. It can also be found in their signature dishes and buffets, which further drive their demand in the market.

By Production and Imports Insights

At present, imports represent the leading market share owing to the rising demand for the product in the United States. Several countries are making efforts to develop efficient shrimp practices which ensure a consistent supply of shrimps to the USA. Moreover, the favourable trade relationship of the USA with shrimp-importing countries boosts the segment growth, and consequently growth of the United States shrimp industry.

United States Shrimp Market Regional Insights

South East United States Shrimp Market Trends

The coastal climate and proximity to the Gulf of Mexico make states such as Florida, Alabama, and Texas an important centre for shrimp farming and boosts the share of the Southeast region in the market. Both traditional and innovative shrimp farming practices are growing in this region due to the warm waters and well-developed aquaculture infrastructure, increasing the overall United States shrimp industry revenue.

A majority of the United States population prefers various types of meat on a daily basis. However, in recent decades, the per capita consumption of meat has dropped on account of the changing food preferences of consumers and the growing health consciousness among them. This has resulted in the increasing popularity of seafood products like shrimp in these regions as it offers easy access to a wide range of shrimp products to consumers. For instance, shrimp are now being included in numerous recipes such as shrimp cocktails, seafood gumbo, noodle soups, and dumplings.

Far West United States Shrimp Market Dynamics

The Far West region is also expected to gain significant growth in the shrimp market share in the United States in the coming years. In California and other states, shrimp farming is on the rise in indoor, closed-loop systems such as Recirculating Aquaculture Systems (RAS). These sophisticated systems enable shrimp to be cultivated indoors, unaffected by coastal conditions, and are playing a part in the region's increasing dominance of the U.S. shrimp farming industry.

In shrimp farming, the use of RAS addresses various major issues that are common in traditional approaches. One of the main advantages of this system is that it can significantly decrease water usage. RAS setups continuously recycle and purify water, which results in lower water requirements and reduced waste release. As a result, this approach can promote sustainability and environmental friendliness by minimising its impact on natural water sources and preventing pollution from runoff.

Competitive Landscape

Other players in the United States shrimp market are Mazzetta Company, LLC, among others.

Innovative United States Shrimp Market Startups

The startups in the country are addressing ethical and environmental concerns due to overfishing and water pollution by promoting sustainable shrimp farming. This includes the usage of closed-loop systems like Recirculating Aquaculture Systems (RAS) and-based shrimp farming that reduces the water pollution caused by traditional shrimp farming and can enhance United States shrimp market opportunities.

New Wave Foods

It is a California-based startup which develops plant-based shrimp alternatives, owing to the rising ethical and environmental concerns regarding shrimp production. These alternatives mimic the texture, flavour, and nutritional profile of real shrimp and can be crucial in offering a sustainable alternative to health-conscious consumers.

Big Easy Foods

This company in United States shrimp market is based in Louisiana and utilises modern food technology for the production of Southern seafood recipes and has created a niche market for itself in the country. The company has recently gained recognition for its value-added shrimp products which can be used in a wide variety of cuisines. The company also promotes local sourcing and supports the livelihood of the local shrimp farmers.