According to the publisher's analysis, Frozen Shrimp are an important part of the global seafood trade, and the main consumer markets include North America, Europe and Asia. The United States is one of the world's largest consumers of Frozen Shrimp in the North American market, especially in supermarkets and the catering industry. In the Asian market, the demand for Frozen Shrimp in countries and regions such as China, Japan, and South Korea is also growing rapidly. In the future, with the accelerated pace of people's lives and the pursuit of healthy diets, the market prospects for Frozen Shrimp will become more and more broad.
Vietnam has a long coastline and rich fishery resources, which provide sufficient raw materials for the production of frozen shrimp products. According to the publisher's analysis, Vietnam's frozen shrimp product industry has formed a complete industrial chain, covering fishing, processing, packaging and export. Vietnam's frozen shrimp production areas are mainly concentrated in coastal areas such as Binh Dinh, Phu Yen and Khanh Hoa. The export volume of Vietnam's frozen shrimp has increased year by year and has become one of Vietnam's important export aquatic products.
According to the publisher's data, Vietnam's total frozen shrimp exports reached US$1.876 billion in 2023. In 2024, Vietnam's frozen shrimp exports exceeded US$1.9 billion, and it is expected that Vietnam's frozen shrimp exports will continue to grow in the next few years.
According to the publisher's analysis, Vietnam's frozen shrimp export markets are spread across North America, Europe and the Asia-Pacific region. The United States is the largest export destination for Vietnamese frozen shrimp products. Vietnam's frozen shrimp exports to major markets such as the United States, the European Union, Japan and China account for 90% of the total export value. From 2021 to 2024, the main export destinations for Vietnamese frozen shrimp products are the United States, Japan, China, Hong Kong, South Korea and Australia.
According to the publisher's analysis, the main companies importing frozen shrimp to Vietnam include MSEAFOOD CORPORATION, KYOKUYO CO LTD, MARUHA NICHIRO CORPORATION and other companies. Most of Vietnam's frozen shrimp exporters are local Vietnamese frozen shrimp producers, and a small number are subsidiaries of international frozen shrimp producers and distributors in Vietnam. The main exporters of Vietnamese frozen shrimp include MINH PHU SEAFOOD CORP, STAPIMEX, CASES and other companies.
The production and export of Vietnamese frozen shrimp products have made significant progress in recent years and have become an important part of Vietnam's aquatic product exports. With the increasing demand for healthy food among global consumers and the rich marine resources and perfect production capacity, the publisher expects that Vietnam's frozen shrimp exports will continue to grow.
The publisher recommends that global aquatic product trading companies should conduct research on the Vietnamese market as soon as possible and prepare for early layout of the Vietnamese market.
Topics covered:
- The Import and Export of Frozen Shrimp in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Frozen Shrimp in Vietnam (2021-2024)
- Total Export Value and Percentage Change of Frozen Shrimp in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Frozen Shrimp in Vietnam (January-November 2024)
- Total Export Value and Percentage Change of Frozen Shrimp in Vietnam (January-November 2024)
- Average Export Price of Frozen Shrimp in Vietnam (2021-2024)
- Top 10 Export Destinations and Supply Volume of Vietnam’s Frozen Shrimp Export Market
- Top 10 Suppliers in the Export Market of Frozen Shrimp in Vietnam and Their Supply Volume
- Top 10 Buyers of Frozen Shrimp in Vietnam and Their Import Volumes
- How to Find International Distributors and International End Users of Frozen Shrimp Exports in Vietnam
- How Foreign Enterprises Enter the Frozen Shrimp Market of Vietnam
- Forecast for the Export of Frozen Shrimp in Vietnam (2025-2034)
Table of Contents
Companies Mentioned
- Mseafood Corporation
- Kyokuyo Co Ltd.
- Maruha Nichiro Corporation
- Minh Phu Seafood Corp
- Stapimex
- Cases
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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