France Shrimp Market Size, Share, and COVID-19 Impact Analysis, By Species (L. Vannamei, P. Chinensis), By Source (Wild, Aquaculture), and France Shrimp Market Insights, Industry Trend, Forecasts to 2035.

France Shrimp Market Insights Forecasts to 2035 

• The France Shrimp Market Size was estimated at USD 1,865.5 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.78% from 2025 to 2035
• The France Shrimp Market Size is Expected to Reach USD 3,118.7 Million by 2035

According to a research report published by Spherical Insights & Consulting, the France Shrimp Market Size is anticipated to reach USD 3,118.7 Million by 2035, growing at a CAGR of 4.78% from 2025 to 2035. This is because the consumers' growing health consciousness and shifting dietary preferences are driving up demand for seafood, including shrimp.

Market Overview 

The shrimp that are traded and consumed within France compose the shrimp market, with domestically grown shrimp and imported shrimp contributing toward the supply. The shrimp market is an important sector within the French seafood trade, whose growth is attributed to the increase in consumer demand for different shrimp types, both frozen and fresh. With new food habits and awareness for one's health being built higher in consumers, the consumption of seafood products, including shrimp, is on the rise. Additionally, there is a greater emphasis now on the health benefits of eating seafood, among which shrimp is relevant. The types of important nutrients that shrimp contain are omega-3 fatty acids from essential fats. Another major aspect that contributes to the demand for shrimp is the increase in health consciousness, thinking of shrimps as a healthy protein. In general, this seafood market is indeed lively and diversified, consisting of a myriad of aquatic products from both capture-extractive fisheries and aquaculture sectors. The seafood market proffers all types of seafood: fish, shrimps, prawns, crabs, lobsters, mollusks (such as clams, mussels, and oysters), and other aquatic creatures. These can be made available to consumers either fresh, frozen, canned, or even processed into different value-added forms.

Report Coverage

This research report categorizes the market for the France shrimp market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France shrimp market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France shrimp market. 

Driving Factors

The France shrimp market is driven by the demand for seafood, especially shrimp, which is on the rise, with consumers appreciating its versatility, taste, and health benefits. The convenience of ready-to-cook shrimp products is also helping consumers easily add shrimp to their dishes. Shrimp manufacturers are introducing new products with numerous innovations, which is stimulating demand for shrimp in the United States. Manufacturers are developing their online capabilities, giving consumers the option of e-commerce purchase options for shrimp. Startup Atarraya launched an online retail site to sell its shrimp, sourced from Shrimpboxes in the local community.

Restraining Factors

The French shrimp market is affected by many obstacles. There are high production costs, supply chain disruptions, and other factors that affect the French shrimp market. Sustainability has become a major obstacle, especially due to the aquaculture practices that have become mainstream. 

Market Segmentation

The France shrimp market share is classified into species and source.
 

• The L. vannamei segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France shrimp market is segmented by species into L. vannamei, P. chinensis. Among these, the L. vannamei segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the market's abundance of L. vannamei; a wide variety of shrimp products are available, including different cuts, preparations, and options with added value. Demand is further increased by this diversification, which accommodates a wide range of consumer preferences and culinary traditions.

• The aquaculture segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France shrimp market is segmented by source into wild, aquaculture. Among these, the aquaculture segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Over the years, shrimp production has increased significantly due to aquaculture. Compared to traditional fishing methods, farmers can control variables like feed, temperature, and water quality, which leads to higher yields. Shrimp farming offers a regulated setting where variables like feed, temperature, and water quality can be adjusted to encourage quicker growth and lessen disease outbreaks.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France shrimp market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. 

List of Key Companies

• Thai Union Group PCL
• Aqua Star
• Clearwater Seafoods
• The Waterbase Limited
• Mazzetta Company, LLC
• Nordic Seafood A/S
• High Liner Foods
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France Shrimp Market based on the below-mentioned segments:

France Shrimp Market, By Species                                                     

• L. Vannamei
• P. Chinensis

France Shrimp Market, By Source                                                        

• Wild
• Aquaculture