The global shrimp market has seen steady growth, with a volume of 7.60 million tons recorded in 2023. This growth has been primarily fueled by the increasing demand for shrimp, which is considered a delicacy in many cuisines around the world. The market is poised to continue its expansion, with a projected compound annual growth rate (CAGR) of 6.30% from 2024 to 2032, reaching a volume of 13.16 million tons by 2032. This growth underscores the enduring popularity of shrimp as a seafood choice.
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