The prawn is a common edible prawn belonging to the
order Decapoda, family Penaenidae, and genus Neopenaeus. They usually live in
shallow or coastal waters, with delicious meat, rich nutrition, and high
economic value.
Introduction to Subdivision Types
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Chinese
prawns
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Mainly
distributed in the Yellow Sea and Bohai Sea, it is one of the important
economic prawn species in China.
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Spotted
prawns
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Also
known as grass prawn or flower prawn, it is distributed in the Indian Ocean
and Pacific Ocean and has characteristics such as fast growth, large size,
and delicious meat.
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Moji
Prawns
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Also
known as cuttlefish prawn, it is distributed in tropical and subtropical
waters, with tender meat and a delicious taste.
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Other
Varieties
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Such
as South American white prawns, long-haired prawns, etc.
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Source: www.globalmarketmonitor.com
Overview of Market Development and Analysis of Major Regional Markets
Prawns, as an important member of the seafood market, have seen continuous growth in demand in the global market in recent years. With the improvement of people's living standards and the diversification of dietary culture, prawns have won widespread popularity among consumers for their unique taste and nutritional value. According to our research data, the global prawn market sales volume reached 9164.6k tons in 2023, with sales value reaching $68.69 billion. In the coming years, as people pursue a healthy diet and the seafood market continues to expand, the demand for prawns will continue to increase. It is expected that by 2028, the global prawn market sales volume will increase to 10469.5k tons, with sales value expected to increase to $80.12 billion.
In terms of geographical distribution, the Asia Pacific region is the main production and consumption area for prawns. Among them, China's prawn production has grown rapidly in the past few years and has become an important supplier to the global prawn market. Data shows that in 2023, the sales volume of prawns in the Asia Pacific region was 5745.7k tons, accounting for 62.69% of the global total sales. In addition, countries such as Ecuador in South America, Thailand, and Indonesia in Southeast Asia are also major producers of prawns. The prawn production in these regions is high and of excellent quality, which is highly favored by global consumers.
Global Prawn Sales Volume Forecast and Sales Proportion by Region
Source: www.globalmarketmonitor.com
Chinese