China Shrimp Market Analysis by Mordor Intelligence
The China Shrimp Market size is estimated at USD 401.00 thousand in 2025, and is expected to reach USD 536.63 thousand by 2030, at a CAGR of 6% during the forecast period (2025-2030).
- Chinese consumers are increasingly embracing shrimp, attracted by its nutritional advantages and low-fat protein profile. With zero carbohydrates and a mere calorie count of about one per gram, shrimp is swiftly becoming a dietary staple. Beyond its calorie-light nature, shrimp is rich in essential minerals and vitamins. These include iron, and vitamins A, E, B6, and B12, reinforcing its status as a healthful food. Consumption of shrimp is associated with numerous health benefits as it helps prevent hair loss, bolster bone health, improve memory, ease menstrual cramps, reduce bad cholesterol, and potentially lower the risk of lung and prostate cancers. This is further accepted to enhance the market for shrimp in China.
- In terms of production, as per USDA, China is one of the largest aquaculture shrimp (Penaeus vannamei) producers globally, producing nearly 2.1 million metric tons in 2022, up 6.1 percent from 2021. The original farming region where farmers grow shrimp in earthen and lined ponds is in the Southern provinces of Guandong, Guanxi, Hainan, Fujian, and Zhejiang. Production in earthen and lined ponds produced around 70% of China's saltwater shrimp production.
- Besides, China’s aquatic animal product export platform has a rich diversity of species and product forms. Notably, China is one of the major exporters of aquatic fishlike cephalopods, tilapias, and shrimps. A distinctive feature of Chinese exports is the prevalence of processed aquatic products originating from both domestic and imported raw materials. Chinese shrimp exports include a wide array of shrimp products, ranging from frozen whole shrimp to frozen shrimp and canned shrimp. According to ITC trade, the countries majorly importing shrimp from China include Japan, Hongkong, Korea, Malaysia, Canada, and others.
China Shrimp Market Trends and Insights
Surging Shrimp Demand Fuels Import Growth
According to the USDA, the per capita consumption of seafood products in China has increased over the past few years. For instance, the per capita consumption of seafood products in 2020 was 16.6 kilograms, and it increased to 16.7 kilograms in 2021. Therefore, the spike in the consumption of seafood products is driving the consumption and import of shrimp products in China.
China’s seafood including shrimp imports expanded in 2023, mainly due to increased domestic consumption and the gradual recovery of overseas demand for processed seafood. Furthermore, over the past decade, as per FAOSTAT, China has become the largest importer of Ecuadorian shrimp, absorbing 50 percent of the supplies. Ecuador accounted for 697,357 metric tons of China’s 987,601 metric tons of shrimp imports in 2023, accounting for a 71 percent market share. followed by India (12.5 percent), Vietnam (6 percent), Canada (3.6 percent), and Greenland (3 percent). According to the ITC trade map, China’s imports of prepared shrimp were USD 991 thousand in 2022, which increased USD 2,400 million in 2023.
The frozen and processed shrimp food consumption is likely to increase steadily due to improvements in China’s processing, distribution, and cold chain systems. There is a significant growth in the sales of seafood products through the e-commerce platform. According to the China Seafood Product E-Commerce Report (2019), issued by the China Aquatic Products Processing and Marketing Association and the National Academy of Economic Strategy reports that fresh and frozen shrimp products are highly sold among seafood products through E-commerce. Therefore, these factors are influencing the import of Shrimp in the country.
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Increasing Shrimp Production in the Country
Since 1970, shrimp farming has experienced remarkable growth globally. Asia dominates the shrimp farming landscape, contributing nearly 80% to the world's shrimp culture production. China has held its position as one of the top shrimp producers since 1988. Despite facing challenges like disease outbreaks and environmental concerns, China's shrimp farming industry has recently witnessed swift expansion. According to USDA, shrimp continues to be the leading aquaculture product. In 2021, China produced 2.0 million metric tons of shrimp, and this figure rose to 2.1 million metric tons in 2022. The provinces of Guangdong and Fujian led China's shrimp production in 2022, owing to their prime coastal locations, plentiful freshwater resources, and established production facilities.
In China, shrimp production generally begins at the end of the calendar year. During this period, farmers make simple repairs to culture ponds by removing accumulated sediment, taking advantage of the sun and cold in winter to clean the pond completely which increases the shrimp population in the pond. China has witnessed evident shifts in shrimp farms and production has been created which is generating employment for locals and also yielding considerable economic value for the people involved in shrimp farming.
Chinese consume both frozen and live shrimp from shrimp dumplings (including steamed dumplings in the north and boiled wonton dumplings in the south). A wide range of shrimps available differentiated geographically makes the consumption higher. The current application of artificial fertilizer by farmers is different from the traditional mode of shrimp farming. Fertilizers supply inorganic nutrients to support beneficial algae and other natural foods for shrimp; simultaneously, farmers add probiotics that have a good reputation in the industry for consumption.
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Competitive Landscape
Recent Industry Developments
- May 2023: The People's Republic of China (PRC) and Ecuador have signed a free trade agreement. This pact grants preferential tariffs on more than 95% of Ecuador's exports to China. Notably, this includes a variety of seafood products, such as white shrimp, fish, and fish oil. Over time, duties on these items have been slashed from a range of 5% to 20% down to a flat zero.
- September 2023: China's second-largest aquatic feed producer, Tongwei Group, has invested CNY 1.2 billion (USD 164.1 million) to build a 200,000-square meter shrimp recirculating aquaculture system (RAS) in Dongying, in the eastern Shandong province.
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China Shrimp Market Report Scope
A shrimp can be defined as a small-sized marine crustacean with an elongated body, typically consumed as food, hence, it is of high commercial importance. The report covers Shrimp Farming in China and offers an analysis of Production (Volume), Consumption (Value and Volume), Import (Value and Volume), Export (Value and Volume), and Prices. The report offers the market size and forecasts for volume in metric tons and value in (USD) for all the above segments.
Parameter Analyzed
| Production Analysis |
| Consumption Analysis (Volume and Value) |
| Import Market Analysis (Volume and Value) |
| Export Market Analysis (Volume and Value) |
| Price Trends Analysis |
| Parameter Analyzed | Production Analysis |
| Consumption Analysis (Volume and Value) | |
| Import Market Analysis (Volume and Value) | |
| Export Market Analysis (Volume and Value) | |
| Price Trends Analysis |
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Key Questions Answered in the Report
How big is the China Shrimp Market?
The China Shrimp Market size is expected to reach USD 401.00 thousand in 2025 and grow at a CAGR of 6% to reach USD 536.63 thousand by 2030.
What is the current China Shrimp Market size?
In 2025, the China Shrimp Market size is expected to reach USD 401.00 thousand.
What years does this China Shrimp Market cover, and what was the market size in 2024?
In 2024, the China Shrimp Market size was estimated at USD 376.94 thousand. The report covers the China Shrimp Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the China Shrimp Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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China Shrimp Market Report
Statistics for the 2025 China Shrimp market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Shrimp analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
