Logistics Innovation Improves Frozen Shrimp Market Efficiency

Thu, 08 May 2025 06:17:01 +0000

The global frozen shrimp market was valued at USD 23 billion in 2023 and is projected to grow at a CAGR of 8% between 2024 and 2033, reaching an estimated value of USD 49.65 billion by 2033. The growth is primarily fueled by the rising demand for convenience food products, as consumers around the world increasingly opt for easy-to-prepare, time-saving meal solutions. Additionally, the expansion of organized retail, e-commerce platforms, and improvements in cold chain logistics are significantly enhancing product accessibility and market reach.