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Technavio has published a new report on the global shrimp market from 2017-2021. (Photo: Mazzetta)

Top 6 Vendors in the Shrimp Market from 2017 to 2021

  (UNITED STATES, 11/13/2017)

Technavio has announced the top six leading vendors in their recent global shrimp market report. This research report also lists 12 other prominent vendors that are expected to impact the market during the forecast period.

Due to the many nutritional and health-associated aspects, this seafood variety forms an important part of various cuisines and is one of the most traded seafood. A variety of shrimps are available globally like white shrimp, brown shrimp, pink shrimp, rock shrimp, tiger shrimp, and others. Thus, the availability of a variety of shrimps is aiding the overall growth of the market.

Competitive vendor landscape

The global shrimp market is subject to rapidly changing consumer demands and preferences. Thus, players' performance in the market is often affected by the changing consumer spending patterns and consumer tastes, regional and local economic conditions, and demographic trends. The changing economic scenario is affecting consumers' living standards and will also affect players' businesses.

“The global shrimp market is fragmented due to the presence of many small and large players who compete on factors like price, quality, innovation, packaging, reputation, marketing channels, and distribution. Intense competition among players along with rapid technological changes constitutes a significant challenge to player operations,” says Manjunath Jaganathan, a lead food research analyst from Technavio.

Top six shrimp market vendors:

AB Golden Seafood

AB Golden Seafood, based in Vietnam, is a supplier for seafood like black tiger shrimp, vannamei shrimp, freshwater shrimp, freshwater fish, seawater fish, canned products, frozen vegetables, and others. The company aims at supplying quality seafood at the most competitive prices and offering the best service in order to attract new consumers and retain existing ones.

AB Golden Seafood Company Limited was established in 2014. (Photo: AB Golden Seafood)

Aqua Star

The company specializes in manufacturing frozen seafood (like fish, crab, shrimp, shellfish, calamari, and others) for both retail and foodservice. In 2016, Aqua Star won an award from Schwan's Company as Supplier of the Year.

Aqua Star is one of the leading suppliers of frozen seafood in North America and one of the largest retail frozen seafood brands.(Photo: Aqua Star)

Carson & Company

Carson & Company is specialized in supplying shrimp products to the institutional foodservice market. The company is currently focusing on premium-quality shrimp product offerings in order to attract consumers who are looking for quality seafood.

Mazzetta Company

This family-owned seafood company, Mazzetta Company, specializes in producing and importing products like shrimps, crabs, finfish, lobsters, mussels, and others. Though the company is headquartered in the US, it has a strong global presence.

Mazzetta Company, LLC founded in 1987, is one of the world’s leading, fully integrated, direct importers of premium-frozen seafood. (Photo: Mazzetta)

Rich Products Corporation

Rich Products Corporation  holds a portfolio of brands like SeaPak, FarmRich, OUR SPECIALTY, Carvel, f’real, Casa, and others. It offers products like toppings and icings, cakes and desserts, pizza, nut-free cookies, bread and rolls, shrimps and seafood, appetizers and snacks, meatballs and pasta, syrups and soaked cakes, and others.

Rich Products Corporation is known around the world as a pioneer in the frozen food industry and a leading supplier and solutions provider to the food service, in-store bakery, and retail marketplaces. (Photo: Rich Products Corporation)

Thai Union Group

Thai Union Group, based in Thailand, specializes in manufacturing seafood-based food products and holds a portfolio of brands like Chicken of the Sea, Genova, John West, Petit Navire, King Oscar AS, Sealect FiSHO, Bellotta and Marvo.

Thai Union engages in the manufacture and export of frozen and canned seafood.(Photo: Thai Union)

 To get the report click here

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Source: Technavio

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