Shrimp Market Size and Share Forecast Outlook From 2025 to 2035

The Korea shrimp market is poised to exhibit USD 3.2 billion in 2025. The industry is slated to depict 10.4% CAGR from 2025 to 2035, witnessing USD 8.8 billion by 2035.

The expansion is due to a number of factors, fueled by shifting consumer trends, rising seafood consumption, and aquaculture technology advancements. As consumers in Korea become increasingly health-conscious, demand for seafood, especially shrimp, has increased.

Shrimp In Korea Projected Global Industry Values For 2025 2035

It is a very nutritious food, high in protein, low in fat, and full of essential vitamins and minerals. It is seen as a healthier choice than red meat and fits with the trend for clean eating and a healthier way of life. Thus, demand for the product has seen a rapid increase.

A further major driving force is that shrimp as a food product is extremely convenient and versatile. It finds extensive applications across different food dishes, varying from Korean traditional seafood soups like Jjigae to recent creations such as shrimp tempura or sushi with shrimp as a base.

Its popularity across various dishes has resulted in the universal appeal of the product both as home food and when eating out. Increased interest in foreign foods such as Asian fusion and Western fast food outlets has further promoted consumption of these products in Korea.

In addition, there has been significant progress in the aquaculture sector of Korea, and farming shrimp has become more efficient and sustainable. As improved breeding and farming methods as well as disease management practices developed, the quantity of domestically produced product became higher.

Not only did this alleviate the reliance on imports, but it also stimulated the development of local product output. As environmentally friendly farming approaches became more common, consumer faith in locally grown product grew stronger.

In addition, the growth in e-commerce sites has increased consumers access to product, presenting a variety of shrimp products ranging from fresh to frozen through web-based grocery outlets and food delivery services. Through this convenience and increasing disposable income, as well as the burgeoning trend of purchasing goods online, product has been a favorite choice among Korean consumers, fueling the market growth.

Shrimp Industry Analysis by Top Investment Segments

The Korea shrimp market is experiencing unique trends and changing purchasing parameters in various end-use sectors. In the bakery and snack sector, an increasing trend for the use of seafood, mainly shrimp, is being observed across different snack offerings.

Shrimp-flavored snack foods such as chips and crackers are gaining more popularity, with consumers looking at healthier, high-protein food alternatives to usual snack foods. This trend is also being driven by the need for functional snacks that provide both convenience and health value. Also, with increasing popularity of seafood snacks, these products are becoming well-established as a new flavor category in the snack space.

In the restaurant and foodservice market, the product is a much-demanded ingredient in traditional as well as contemporary foods. The rising consumer demand for premium, sustainably harvested seafood has forced food service players to go for high-grade product that can enhance their offerings.

From shrimp tempura, shrimp bibimbap, and shrimp pasta to other dishes that do not routinely appear on menus, these are not only standard menu offerings but also fulfill the rising demand for gourmet and global cuisine. The growing emphasis of the foodservice industry on providing healthy and sustainable products further drives demand for fresh, locally produced product.

Throughout all the end-use markets, a number of purchasing factors are in common. Product quality and freshness are the most important, as customers want the best flavor and texture for their meals. Apart from quality, price is also a key factor in retail and foodservice markets where cost-effectiveness must be balanced against quality.

As sustainability issues escalate, consumers and companies alike are becoming more interested in ethical sourcing and green practices, and as such, certifications such as MSC and ASC are becoming more pivotal to buying choices.

Shifts in the Industry from 2020 to 2024 and Future Trends 2025 to 2035

Between 2020 and 2024, the Korea shrimp market experienced dramatic changes motivated by changing consumer tastes and adaptation in the industry. One of the most remarkable changes has been the growing call for sustainable and ethically produced product.

Due to mounting awareness among consumers concerning environmental challenges and the effect on the environment due to the production of seafood, there has been increased momentum towards sustainable farm management. Demand for certifications such as Aquaculture Stewardship Council (ASC) and Marine Stewardship Council (MSC) has increased, with both foodservice operations and consumers alike focusing on traceable and certified product.

This shift is partly because of increasing pressures over overfishing and concerns regarding the harm caused by unsustainable product farming practices.

As the future reaches 2025 to 2035, a number of trends in the industrycan be anticipated. Premium, high-quality product will become increasingly demanded due to an ongoing shift toward preferring fresh, sustainably produced products.

With consumers becoming more particular about food quality and origin, product producers will have to concentrate on providing high-quality, traceable products to satisfy such needs.

Additionally, the focus on sustainability will become stronger, with organizations being required to implement more sustainable farming practices and packaging technologies in order to satisfy both regulatory needs and consumer pressures for ethical sourcing.

Comparative Industry Shift Analysis (2020 to 2024 vs. 2025 to 2035)

2020 to 2024 (Past Shift) 2025 to 2035 (Future Shift)
There was a significant increase in consumer demand for sustainable and responsibly sourced product . This trend was driven by greater awareness of environmental concerns and the unfavorable ecological effects of conventional product farming. Consumers and foodservice companies increasingly required product with certifications like ASC and MSC. By 2025, the shrimp farms will incorporate more environment-friendly and technology-driven farming systems such as recirculating aquaculture systems (RAS) and integrated multi-trophic aquaculture (IMTA). This will lead to a greater production efficiency and reduced environmental impact, which will make widespread sustainable shrimp farm practices a common occurrence by the year 2035.
The COVID-19 pandemic hastened the move towards online shopping, with consumers increasingly buying product through online grocery stores. This transition increased demand for frozen, ready-to-cook products, as consumers preferred convenience. The online retail industry will continue to expand, with increasing consumers buying product from e-commerce stores. Packaging and cold chain logistics innovations will make product even more convenient, while consumers will have access to a variety of sustainable, premium, and plant-based products.
During the 2020 to 2024 timeframe, product was increasingly being seen as a healthy protein option, with growing demand for shrimp-based snacks, ready-to-eat foods, and functional food items. The use of product in functional foods will continue, with shrimp products being marketed more and more as high-protein, low-fat, and nutrient-dense foods. Health-conscious consumers will continue to fuel demand for shrimp-based meal kits, supplements, and snacks for wellness-oriented diets.
The growth of plant-based diets led to the creation of product alternatives derived from plant-based ingredients. They found appeal among both vegan and eco-conscious consumers, although they are still a niche product. Through 2025, advances in plant-based shrimp will drive products that are closer to the taste, texture, and look of actual product , driving these alternatives toward mainstream acceptance.

Risk Assessment of the Korea Shrimp Market

The industry is subject to a number of potential risks that may affect its growth path and stability. Supply chain disruptions are one of the major risks. Shrimp farming is highly dependent on certain environmental conditions and procurement of shrimp larvae, which exposes it to climate changes and natural disasters.

For example, natural catastrophes such as typhoons or floods could influence shrimp farm production capacity, thereby creating supply shortages and price volatility. Furthermore, the persistent global supply chain disruptions, such as shipping delays and higher freight costs, could also stretch the ability to source product from foreign markets, impacting availability and price.

Dependence on overseas markets is another important risk. Although domestic shrimp farming is increasing in Korea, most of the product consumed in the country are imported, mainly from Southeast Asia and Latin America.

Political unrest, trade disputes, or shifting international regulations in these areas can interfere with the supply of product. In addition, tariffs on trade and alterations in global trade agreements may increase the cost of imported product, which in turn can influence prices for consumers and profit margins for companies in the product supply chain.

Segmentation

By Species

In Japan, the most widely used product species is the farmed white leg shrimp (Penaeus vannamei), and their popularity is fueled by a number of key factors. One of the first factors that make the species so widely used is their availability and consistency. While wild-caught product may have seasonality issues and difficulties in supply, farmed white leg shrimp is consistently available throughout the year.

Cost-effectiveness also has a major role to play in the extensive application of this product. It is relatively cheaper to cultivate this species than others, such as Gulf or Giant Tiger Shrimps, since it grows rapidly and is tolerant to a range of farming conditions.

It is thus a cheaper option for producers and consumers. In Japan, where consumers are highly price-sensitive in making purchasing decisions, this cost-saving factor is a major selling point in both food retail markets and restaurants, especially for food such as sushi, tempura, and ramen.

By Source

Organic product in Korea is demanded due to increasing consumers' knowledge and awareness regarding their health and environmental concerns. Health consciousness of the Korean consumer, in turn, is the principal reason organic product is sold widely.

The health-conscious behavior is driven by heightened awareness on health and nutritional demands, compelling the consumers to prefer products with zero use of pesticides, chemicals, and antibiotics. Organic product, which is produced without using synthetic chemicals and hormones, resonates with consumers who are health-conscious and focus on minimizing exposure to such elements in their diets.

Another key driver for the demand for organic product in Korea is the increasing focus on environmental sustainability. As the impacts of climate change and overfishing accelerate, an increasing number of Korean consumers seek sustainably produced products.

Competitive Landscape

The industry features a competitive mix of multinational corporations and niche companies. Multinationals such as large companies like Nongshim Co., Ltd., Pulmuone Foods Co., Ltd., and Aqua Star Corp. have a huge grip on the industry with their broad distribution channels, research, and development skills, and the capability to appeal to a great number of different consumer tastes.

The large firms are extremely innovative and concentrate on premium-quality, healthy, and environmentally friendly products. Conversely, niche and smaller players like Devi Fisheries Limited, Falcon Marine Exports, and Surapon Foods are targeting specialized industry niches by providing distinctive varieties of product, organic products, and sustainable practices.

Industry Share Analysis by Company

Company Name Estimated Industry Share (%)
Nongshim Co., Ltd. 15-20%
Soo Good Co., Ltd 5-8%
Pulmuone Foods Co., Ltd 10-12%
Aqua Star Corp. 7-10%
Avanti Feeds Ltd. 5-7%
Devi Fisheries Limited 3-5%
Falcon Marine Exports 4-6%
BMR Groups 3-5%
Clearwater Seafoods Inc. 5-7%
High Liner Foods Inc. 6-8%
Surapon Foods 3-5%

Key Company Offerings and Activities

Company Name Key Offerings/Activities
Nongshim Co., Ltd. Has a diverse portfolio of high-quality products such as frozen product and ready-to-eat foods with emphasis on high quality and sustainability.
Soo Good Co., Ltd Offers products that are suitable for health-oriented consumers and are organic and eco-friendly.
Pulmuone Foods Co., Ltd. Has high-quality and sustainable products such as frozen product and value-added shrimp products.
Aqua Star Corp. Offers a variety of products emphasizing high quality and sustainable sourcing principles to address increased consumer demand.
Avanti Feeds Ltd. Engages in the cultivation of farmed shrimp with an emphasis on sustainable aquaculture principles and quality control.
Devi Fisheries Limited Reno wned for their wide variety of products, with emphasis on organic and quality product from sustainable farming practices.
Falcon Marine Exports Offers a range of high-end products, including both conventional and innovative product species to serve niche markets.
BMR Groups Supplies high-quality products with emphasis on traceability and ethical sourcing practices.
Clearwater Seafoods Inc. Specializes in selling high-quality wild-caught and farmed shrimp, with an emphasis on sustainability and traceability.
High Liner Foods Inc. Provides an array of products with focus on quality, sustainability, and innovation to the foodservice and retail markets.
Surapon Foods Is expert in high-quality frozen products with focus on traditional and innovative products for the Korean market.

Strategic Outlook

The industry is transforming at a fast rate because of the change in consumer behavior, with an increasing trend for premium, green, and health-related products. Players such as Nongshim Co., Ltd., Pulmuone Foods Co., Ltd., and Aqua Star Corp. are well placed to dominate the industry because of their wide range of products, robust distribution systems, and sustainability focus.

Smaller companies like Devi Fisheries Limited and Surapon Foods are gaining industry share by selling niche products like organic shrimp, making sure they target specialized consumer niches.

The market will also witness innovation and differentiation, as firms invest in sustainable agriculture practices, traceability, and clean-label products. As premium, ethically produced seafood demand increases, both existing and new players will ride the trend to remain competitive.

Key Industry Players

  • Nongshim Co., Ltd
  • Soo Good Co., Ltd
  • Pulmuone Foods Co., Ltd
  • Aqua Star Corp.
  • Avanti Feeds Ltd.
  • Devi Fisheries Limited
  • Falcon Marine Exports
  • BMR Groups
  • Clearwater Seafoods Inc.
  • High Liner Foods Inc.
  • Surapon Foods

Top Segments Studied in the Shrimp Market Report

By Species:

In terms of species, the industry is divided into gulf shrimps, farmed white leg shrimps, banded coral shrimps, royal red shrimp, giant tiger shrimps, blue shrimps, and ocean shrimps.

By Source:

With respect to source, the market is bifurcated into organic and conventional.

By Form:

In terms of form, the market is classified into canned, breaded, peeled, cooked & peeled, shell-on, and frozen.

By Sales Channel:

With respect to sales channel, the market is divided into direct and indirect.

By Application:

Based on application, the market is categorized into food, pharmaceutical, cosmetics, industrial, and biotechnology.

By Sub-Region:

The industry is divided into South Gyeongsang, North Jeolla, South Jeolla, Jeju, and the rest of Korea.

Table of Content

  1. Executive Summary
  2. Market Overview
  3. Market Background
  4. Industry Analysis and Outlook 2020 to 2024 and Forecast, 2025 to 2035
  5. Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035, By Species
    • Gulf Shrimps
    • Farmed White leg Shrimps
    • Banded Coral Shrimps
    • Royal Red Shrimp
    • Giant Tiger Shrimps
    • Blue Shrimps
    • Ocean Shrimps
  6. Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035, By Source
    • Organic
    • Conventional
  7. Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035, By Form
    • Canned
    • Breaded
    • Peeled
    • Cooked & Peeled
    • Shell-On
    • Frozen
  8. Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035, By Sales Channel
    • Direct
    • Indirect
    • Modern Trade
    • Convenience Stores
    • Specialty Food Stores
    • Wholesale Stores
    • Online Retail
    • Other Retail Formats
  9. Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035, By Application
    • Food
    • Pharmaceutical
    • Cosmetics
    • Industrial
    • Biotechnology
  10. Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035, By Sub-Region
    • South Gyeongsang
    • North Jeolla
    • South Jeolla
    • Jeju
    • Rest of Korea
  11. South Gyeongsang Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035
  12. North Jeolla Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035
  13. South Jeolla Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035
  14. Jeju Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035
  15. Rest of Industry Analysis and Outlook 2020 to 2024 and Forecast 2025 to 2035
  16. Market Structure Analysis
  17. Competition Analysis
    • Nongshim Co., Ltd
    • Soo Good Co., Ltd
    • Pulmuone Foods Co., Ltd
    • Aqua Star Corp.
    • Avanti Feeds Ltd.
    • Devi Fisheries Limited
    • Falcon Marine Exports
    • BMR Groups
    • Clearwater Seafoods Inc.
    • High Liner Foods Inc.
    • Surapon Foods
  18. Assumptions & Acronyms Used
  19. Research Methodology

List of Tables

Table 1: Industry Analysis and Outlook Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Industry Analysis and Outlook Volume (MT) Forecast by Region, 2018 to 2033

Table 3: Industry Analysis and Outlook Value (US$ Million) Forecast by Species, 2018 to 2033

Table 4: Industry Analysis and Outlook Volume (MT) Forecast by Species, 2018 to 2033

Table 5: Industry Analysis and Outlook Value (US$ Million) Forecast by Source, 2018 to 2033

Table 6: Industry Analysis and Outlook Volume (MT) Forecast by Source, 2018 to 2033

Table 7: Industry Analysis and Outlook Value (US$ Million) Forecast by Form, 2018 to 2033

Table 8: Industry Analysis and Outlook Volume (MT) Forecast by Form, 2018 to 2033

Table 9: Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 10: Industry Analysis and Outlook Volume (MT) Forecast by Sales Channel, 2018 to 2033

Table 11: Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2018 to 2033

Table 12: Industry Analysis and Outlook Volume (MT) Forecast by Application, 2018 to 2033

Table 13: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Species, 2018 to 2033

Table 14: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by Species, 2018 to 2033

Table 15: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Source, 2018 to 2033

Table 16: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by Source, 2018 to 2033

Table 17: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Form, 2018 to 2033

Table 18: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by Form, 2018 to 2033

Table 19: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 20: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by Sales Channel, 2018 to 2033

Table 21: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2018 to 2033

Table 22: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by Application, 2018 to 2033

Table 23: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Species, 2018 to 2033

Table 24: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Species, 2018 to 2033

Table 25: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Source, 2018 to 2033

Table 26: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Source, 2018 to 2033

Table 27: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Form, 2018 to 2033

Table 28: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Form, 2018 to 2033

Table 29: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 30: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Sales Channel, 2018 to 2033

Table 31: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2018 to 2033

Table 32: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Application, 2018 to 2033

Table 33: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Species, 2018 to 2033

Table 34: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Species, 2018 to 2033

Table 35: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Source, 2018 to 2033

Table 36: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Source, 2018 to 2033

Table 37: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Form, 2018 to 2033

Table 38: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Form, 2018 to 2033

Table 39: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 40: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Sales Channel, 2018 to 2033

Table 41: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2018 to 2033

Table 42: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Application, 2018 to 2033

Table 43: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Species, 2018 to 2033

Table 44: Jeju Industry Analysis and Outlook Volume (MT) Forecast by Species, 2018 to 2033

Table 45: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Source, 2018 to 2033

Table 46: Jeju Industry Analysis and Outlook Volume (MT) Forecast by Source, 2018 to 2033

Table 47: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Form, 2018 to 2033

Table 48: Jeju Industry Analysis and Outlook Volume (MT) Forecast by Form, 2018 to 2033

Table 49: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 50: Jeju Industry Analysis and Outlook Volume (MT) Forecast by Sales Channel, 2018 to 2033

Table 51: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2018 to 2033

Table 52: Jeju Industry Analysis and Outlook Volume (MT) Forecast by Application, 2018 to 2033

Table 53: Rest of Industry Analysis and Outlook Value (US$ Million) Forecast by Species, 2018 to 2033

Table 54: Rest of Industry Analysis and Outlook Volume (MT) Forecast by Species, 2018 to 2033

Table 55: Rest of Industry Analysis and Outlook Value (US$ Million) Forecast by Source, 2018 to 2033

Table 56: Rest of Industry Analysis and Outlook Volume (MT) Forecast by Source, 2018 to 2033

Table 57: Rest of Industry Analysis and Outlook Value (US$ Million) Forecast by Form, 2018 to 2033

Table 58: Rest of Industry Analysis and Outlook Volume (MT) Forecast by Form, 2018 to 2033

Table 59: Rest of Industry Analysis and Outlook Value (US$ Million) Forecast by Sales Channel, 2018 to 2033

Table 60: Rest of Industry Analysis and Outlook Volume (MT) Forecast by Sales Channel, 2018 to 2033

Table 61: Rest of Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2018 to 2033

Table 62: Rest of Industry Analysis and Outlook Volume (MT) Forecast by Application, 2018 to 2033

List of Figures

Figure 1: Industry Analysis and Outlook Value (US$ Million) by Species, 2023 to 2033

Figure 2: Industry Analysis and Outlook Value (US$ Million) by Source, 2023 to 2033

Figure 3: Industry Analysis and Outlook Value (US$ Million) by Form, 2023 to 2033

Figure 4: Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 5: Industry Analysis and Outlook Value (US$ Million) by Application, 2023 to 2033

Figure 6: Industry Analysis and Outlook Value (US$ Million) by Region, 2023 to 2033

Figure 7: Industry Analysis and Outlook Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 8: Industry Analysis and Outlook Volume (MT) Analysis by Region, 2018 to 2033

Figure 9: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 10: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 11: Industry Analysis and Outlook Value (US$ Million) Analysis by Species, 2018 to 2033

Figure 12: Industry Analysis and Outlook Volume (MT) Analysis by Species, 2018 to 2033

Figure 13: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Species, 2023 to 2033

Figure 14: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Species, 2023 to 2033

Figure 15: Industry Analysis and Outlook Value (US$ Million) Analysis by Source, 2018 to 2033

Figure 16: Industry Analysis and Outlook Volume (MT) Analysis by Source, 2018 to 2033

Figure 17: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Source, 2023 to 2033

Figure 18: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Source, 2023 to 2033

Figure 19: Industry Analysis and Outlook Value (US$ Million) Analysis by Form, 2018 to 2033

Figure 20: Industry Analysis and Outlook Volume (MT) Analysis by Form, 2018 to 2033

Figure 21: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Form, 2023 to 2033

Figure 22: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Form, 2023 to 2033

Figure 23: Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 24: Industry Analysis and Outlook Volume (MT) Analysis by Sales Channel, 2018 to 2033

Figure 25: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 26: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 27: Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 28: Industry Analysis and Outlook Volume (MT) Analysis by Application, 2018 to 2033

Figure 29: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 30: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 31: Industry Analysis and Outlook Attractiveness by Species, 2023 to 2033

Figure 32: Industry Analysis and Outlook Attractiveness by Source, 2023 to 2033

Figure 33: Industry Analysis and Outlook Attractiveness by Form, 2023 to 2033

Figure 34: Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 35: Industry Analysis and Outlook Attractiveness by Application, 2023 to 2033

Figure 36: Industry Analysis and Outlook Attractiveness by Region, 2023 to 2033

Figure 37: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Species, 2023 to 2033

Figure 38: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Source, 2023 to 2033

Figure 39: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Form, 2023 to 2033

Figure 40: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 41: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Application, 2023 to 2033

Figure 42: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Species, 2018 to 2033

Figure 43: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by Species, 2018 to 2033

Figure 44: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Species, 2023 to 2033

Figure 45: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Species, 2023 to 2033

Figure 46: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Source, 2018 to 2033

Figure 47: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by Source, 2018 to 2033

Figure 48: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Source, 2023 to 2033

Figure 49: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Source, 2023 to 2033

Figure 50: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Form, 2018 to 2033

Figure 51: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by Form, 2018 to 2033

Figure 52: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Form, 2023 to 2033

Figure 53: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Form, 2023 to 2033

Figure 54: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 55: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by Sales Channel, 2018 to 2033

Figure 56: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 57: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 58: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 59: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by Application, 2018 to 2033

Figure 60: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 61: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 62: South Gyeongsang Industry Analysis and Outlook Attractiveness by Species, 2023 to 2033

Figure 63: South Gyeongsang Industry Analysis and Outlook Attractiveness by Source, 2023 to 2033

Figure 64: South Gyeongsang Industry Analysis and Outlook Attractiveness by Form, 2023 to 2033

Figure 65: South Gyeongsang Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 66: South Gyeongsang Industry Analysis and Outlook Attractiveness by Application, 2023 to 2033

Figure 67: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Species, 2023 to 2033

Figure 68: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Source, 2023 to 2033

Figure 69: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Form, 2023 to 2033

Figure 70: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 71: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Application, 2023 to 2033

Figure 72: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Species, 2018 to 2033

Figure 73: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Species, 2018 to 2033

Figure 74: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Species, 2023 to 2033

Figure 75: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Species, 2023 to 2033

Figure 76: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Source, 2018 to 2033

Figure 77: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Source, 2018 to 2033

Figure 78: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Source, 2023 to 2033

Figure 79: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Source, 2023 to 2033

Figure 80: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Form, 2018 to 2033

Figure 81: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Form, 2018 to 2033

Figure 82: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Form, 2023 to 2033

Figure 83: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Form, 2023 to 2033

Figure 84: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 85: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Sales Channel, 2018 to 2033

Figure 86: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 87: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 88: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 89: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Application, 2018 to 2033

Figure 90: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 91: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 92: North Jeolla Industry Analysis and Outlook Attractiveness by Species, 2023 to 2033

Figure 93: North Jeolla Industry Analysis and Outlook Attractiveness by Source, 2023 to 2033

Figure 94: North Jeolla Industry Analysis and Outlook Attractiveness by Form, 2023 to 2033

Figure 95: North Jeolla Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 96: North Jeolla Industry Analysis and Outlook Attractiveness by Application, 2023 to 2033

Figure 97: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Species, 2023 to 2033

Figure 98: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Source, 2023 to 2033

Figure 99: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Form, 2023 to 2033

Figure 100: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 101: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Application, 2023 to 2033

Figure 102: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Species, 2018 to 2033

Figure 103: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Species, 2018 to 2033

Figure 104: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Species, 2023 to 2033

Figure 105: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Species, 2023 to 2033

Figure 106: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Source, 2018 to 2033

Figure 107: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Source, 2018 to 2033

Figure 108: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Source, 2023 to 2033

Figure 109: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Source, 2023 to 2033

Figure 110: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Form, 2018 to 2033

Figure 111: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Form, 2018 to 2033

Figure 112: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Form, 2023 to 2033

Figure 113: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Form, 2023 to 2033

Figure 114: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 115: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Sales Channel, 2018 to 2033

Figure 116: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 117: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 118: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 119: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Application, 2018 to 2033

Figure 120: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 121: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 122: South Jeolla Industry Analysis and Outlook Attractiveness by Species, 2023 to 2033

Figure 123: South Jeolla Industry Analysis and Outlook Attractiveness by Source, 2023 to 2033

Figure 124: South Jeolla Industry Analysis and Outlook Attractiveness by Form, 2023 to 2033

Figure 125: South Jeolla Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 126: South Jeolla Industry Analysis and Outlook Attractiveness by Application, 2023 to 2033

Figure 127: Jeju Industry Analysis and Outlook Value (US$ Million) by Species, 2023 to 2033

Figure 128: Jeju Industry Analysis and Outlook Value (US$ Million) by Source, 2023 to 2033

Figure 129: Jeju Industry Analysis and Outlook Value (US$ Million) by Form, 2023 to 2033

Figure 130: Jeju Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 131: Jeju Industry Analysis and Outlook Value (US$ Million) by Application, 2023 to 2033

Figure 132: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Species, 2018 to 2033

Figure 133: Jeju Industry Analysis and Outlook Volume (MT) Analysis by Species, 2018 to 2033

Figure 134: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Species, 2023 to 2033

Figure 135: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Species, 2023 to 2033

Figure 136: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Source, 2018 to 2033

Figure 137: Jeju Industry Analysis and Outlook Volume (MT) Analysis by Source, 2018 to 2033

Figure 138: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Source, 2023 to 2033

Figure 139: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Source, 2023 to 2033

Figure 140: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Form, 2018 to 2033

Figure 141: Jeju Industry Analysis and Outlook Volume (MT) Analysis by Form, 2018 to 2033

Figure 142: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Form, 2023 to 2033

Figure 143: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Form, 2023 to 2033

Figure 144: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 145: Jeju Industry Analysis and Outlook Volume (MT) Analysis by Sales Channel, 2018 to 2033

Figure 146: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 147: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 148: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 149: Jeju Industry Analysis and Outlook Volume (MT) Analysis by Application, 2018 to 2033

Figure 150: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 151: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 152: Jeju Industry Analysis and Outlook Attractiveness by Species, 2023 to 2033

Figure 153: Jeju Industry Analysis and Outlook Attractiveness by Source, 2023 to 2033

Figure 154: Jeju Industry Analysis and Outlook Attractiveness by Form, 2023 to 2033

Figure 155: Jeju Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 156: Jeju Industry Analysis and Outlook Attractiveness by Application, 2023 to 2033

Figure 157: Rest of Industry Analysis and Outlook Value (US$ Million) by Species, 2023 to 2033

Figure 158: Rest of Industry Analysis and Outlook Value (US$ Million) by Source, 2023 to 2033

Figure 159: Rest of Industry Analysis and Outlook Value (US$ Million) by Form, 2023 to 2033

Figure 160: Rest of Industry Analysis and Outlook Value (US$ Million) by Sales Channel, 2023 to 2033

Figure 161: Rest of Industry Analysis and Outlook Value (US$ Million) by Application, 2023 to 2033

Figure 162: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Species, 2018 to 2033

Figure 163: Rest of Industry Analysis and Outlook Volume (MT) Analysis by Species, 2018 to 2033

Figure 164: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Species, 2023 to 2033

Figure 165: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Species, 2023 to 2033

Figure 166: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Source, 2018 to 2033

Figure 167: Rest of Industry Analysis and Outlook Volume (MT) Analysis by Source, 2018 to 2033

Figure 168: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Source, 2023 to 2033

Figure 169: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Source, 2023 to 2033

Figure 170: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Form, 2018 to 2033

Figure 171: Rest of Industry Analysis and Outlook Volume (MT) Analysis by Form, 2018 to 2033

Figure 172: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Form, 2023 to 2033

Figure 173: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Form, 2023 to 2033

Figure 174: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Sales Channel, 2018 to 2033

Figure 175: Rest of Industry Analysis and Outlook Volume (MT) Analysis by Sales Channel, 2018 to 2033

Figure 176: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Sales Channel, 2023 to 2033

Figure 177: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Sales Channel, 2023 to 2033

Figure 178: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 179: Rest of Industry Analysis and Outlook Volume (MT) Analysis by Application, 2018 to 2033

Figure 180: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 181: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 182: Rest of Industry Analysis and Outlook Attractiveness by Species, 2023 to 2033

Figure 183: Rest of Industry Analysis and Outlook Attractiveness by Source, 2023 to 2033

Figure 184: Rest of Industry Analysis and Outlook Attractiveness by Form, 2023 to 2033

Figure 185: Rest of Industry Analysis and Outlook Attractiveness by Sales Channel, 2023 to 2033

Figure 186: Rest of Industry Analysis and Outlook Attractiveness by Application, 2023 to 2033

Frequently Asked Questions

How big is the Korea shrimp market?

The industry is expected to reach USD 3.2 billion in 2025.

What is the outlook on shrimp sales in Korea?

The industry is projected to witness USD 8.8 billion by 2035.

Which type of shrimp is widely sold in Korea?

Organic products are widely sold.

Who are the key shrimp companies in Korea?

Leading companies include Nongshim Co., Ltd, Soo Good Co., Ltd, Pulmuone Foods Co., Ltd, Aqua Star Corp., Avanti Feeds Ltd, Devi Fisheries Limited, Falcon Marine Exports, BMR Groups, Clearwater Seafoods Inc., High Liner Foods Inc., and Surapon Foods.

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