"Executive Summary

The Organic Shrimp Market is experiencing sustained momentum, valued at USD 6.8 billion in 2024 and projected to reach USD 12.4 billion by 2032, reflecting a CAGR of 7.8% over the forecast period. Growth is powered by escalating consumer demand for sustainably sourced seafood, increasing retail penetration of certified organic products, and heightened regulatory emphasis on eco-friendly aquaculture. Rising awareness of health benefits linked to chemical-free seafood and the global shift toward responsibly farmed proteins continue to bolster market expansion.

CAGR Value

The global Organic Shrimp Market is forecast to grow at a CAGR of 7.8% between 2024 and 2032. Drivers include rapid adoption of environmentally responsible aquaculture practices, surging consumer preference for organic protein, and strong demand from premium foodservice and retail channels. Advances in hatchery technology, disease-resistant broodstock, and sustainable feed formulations are lowering production costs and improving yields, ensuring long-term profitability and scalability for producers and investors alike.

Current Scenario

Segments

• Product Type: Fresh Organic Shrimp, Frozen Organic Shrimp, Value-Added Organic Shrimp (marinated, seasoned, ready-to-cook). Frozen organic shrimp leads global sales due to longer shelf life and wider distribution reach.
• Species: Whiteleg Shrimp (Litopenaeus vannamei), Giant Tiger Prawn (Penaeus monodon), Others. Whiteleg shrimp dominates due to favorable growth rates and feed conversion ratios.
• Form: Shell-On, Peeled & Deveined, Headless, Tail-On. Peeled & deveined remains the fastest-growing segment, aligning with the convenience trend in home cooking and foodservice.
• End-User: Retail (hypermarkets, specialty stores, e-commerce), Foodservice (restaurants, hotels, catering), Industrial Processing. Retail remains the primary channel but e-commerce is witnessing double-digit growth.
• Distribution Channel: Offline (supermarkets, specialty seafood outlets), Online (direct-to-consumer platforms, seafood subscription services). Online channels are expanding rapidly due to shifting consumer buying behavior and improved cold-chain logistics.

Market Players

• Blue Ocean Organics
• OceanBoy Farms
• Domsea Farms
• Omarsa
• Fisheries Development Corporation
• SeaJoy Group
• Regal Springs