Global Shrimp Market is Expanding Rapidly as Key Industry Player Charoen Pokphand Foods PCL Launches New Premium, Eco-friendly Brand of Shrimps ‘CP Pacific’ for its Thai Consumers

Shrimps are decapod crustaceans with long, slender bodies and an essentially benthic swimming mode of movement - most frequently Caridinae and Dendrobanchia. More narrowly defined categories may be limited to either Caridinae, of either group or only the freshwater species. There are at least eight known types of shrimp, three of which are described here. They range in size from the smallest ones that can be seen in water all over the world to those that reach lengths of about four inches in length. Shrimp are also called tunicates. They are divided into three subspecies: the terrestrial species, which live on land; the aquatic species, which live in brackish water; and the suborder marine, which live in the ocean. Tunicates are found in saltwater habitats.Increasing demand for shrimps due to health benefits is expected to drive growth of the global shrimp market during the forecast period. The demand for shrimp is increasing rapidly among consumers typically due to the nutritional value of shrimps. Shrimps are high nutrition and low-fat protein. 

They contain zero carbs and are also low calories. Many consumers are adopting shrimp in their diet due to low-calorie content. As a matter of fact, one gram of shrimp contains as low as one calorie. Furthermore, shrimps are rich in minerals such as phosphorous, zinc, sodium, calcium, iron, magnesium, niacin, iodine, thiamin, and riboflavin, and vitamins A, vitamin B12, vitamin E, and vitamin B6. Shrimps play a crucial role in preventing many health issues such as reduced menstrual cramps, prevent hair loss, reduce the risk of prostate and lung cancer, maintain healthy bones, and eliminate bad cholesterols. Thus, such health benefits are expected to drive growth of the global shrimp market during the forecast period.

However, stringent regulatory scenarios on shrimp fishing are expected to hamper the global shrimp market growth over the forecast period. Among regions, Asia Pacific is expected to witness significant growth in the global shrimp market during the forecast period. This is owing to large shrimp production in countries such as China. Increasing adoption of Pacific white shrimp is expected to boost the regional market growth over the forecast period. North America is expected to register a robust growth rate over the forecast period, owing to rising popularity shrimps among consumers in the region.

Major companies involved in the global shrimp market are Charoen Pokphand Foods PCL, Surapon Foods Public Company Limited, Nippon Suisan Kaisha, Ltd., and Trident Seafood’s Corporation,
For instance, in August 2020, Charoen Pokphand Foods PCL introduced a new premium brand for shrimp for Thai Consumers ‘CP Pacific’, which is eco-friendly, healthy, and very tasty.


 

Comments

Post a Comment

Popular posts from this blog

Let’s know what is Automotive Internet of Things? Why it is gaining so much importance in the automotive industry?

The Automotive Internet of Things (AoT) is becoming a reality today and it is starting to make people wonder if it is an innovation that is going to become mainstream. While some see it as a new era in the internet world, others question whether or not it will truly take over the world and dominate the market of consumer electronics. The Automotive Internet of Things can be described in as many ways as possible. Many have already said that it is simply the concept of communicating with each other through devices that are built into your car or truck. Others says that it is the ability for you to keep track of who has been in and out of your car, what their license plate numbers are, and even if they've crashed into your car recently. So let’s know the actual concept of Automotive Internet of Things. The concept of in-car computing, self-driving cars, and so on are mostly dependent upon the Automotive Internet of Things . This is because with the help of the internet, will be able t...
Read more

Increasing Prevalence of Sleep Disorders to Augment Growth of the Sleep Aids Market

Image
Relaxation and sleep aids go hand in hand to promote general wellbeing and mental health. There are many different natural sleep aids that you can use that do not require a prescription from your doctor. Natural sleep aids contain herbal, dietary and natural ingredients which have all been found to help in sleep or relaxation. They are not different from over-the-counter sleep aids, which are commonly antihistamine drugs, and prescription sleep aids, which are usually zolpidem and doxepin prescriptions. Nevertheless, over-the-counter sleep aids may be helpful to some people as well. Chamomile is one of many sleep aids that contains a natural sedative effect, though, the chamomile is most commonly used for menstrual cramps, as it helps induce sleep without causing drowsiness during the process. Some research studies have indicated that chamomile has a positive effect on anxiety and erratic behavior. These same studies also indicate that a combination of chamomile and valerian may have ...
Read more

Increasing Demand for Disinfecting Wipes Is Expected To Boost the Household Wipes Market Growth

Image
Household wipes are used to clean, polish, and disinfect various surfaces in a house. They can be used to clean appliances, glass, window surfaces, kitchen counters, tiles, furniture, wood surfaces, metal surfaces, etc. Wipes can be of two types, such as antibacterial wipes and non-antibacterial wipes. They help keep the house neat and clean, as well as lower the risk of illness. Household wipes are available in both wet and dry forms. Two types of fabric are used to make household wipes such as woven and nonwoven. Nonwoven wipes can be easily disposed of after a single-use, while woven wipes can be reused. Increasing demand for disinfecting wipes due to their hygiene providing nature is expected to drive the growth of the household wipes market. Disinfecting wipes contain antimicrobial agents such as quaternary ammonium compounds or phenols, sodium hypochlorite, pine oil, which kills bacteria and viruses on surfaces. Baby wipes are the most sought-after type of disinfectant wipes. Mo...
Read more