Overview:

The Western Europe shrimp sector is projected to achieve a valuation of USD 9.3 billion in 2025. Growth is anticipated to continue at a compound annual growth rate (CAGR) of 8.3% during the period from 2025 to 2035, reaching an expected value of USD 20.2 billion by the conclusion of the forecast timeframe.

Growth in this market is significantly influenced by several key factors, including evolving dietary preferences of consumers, increasing demand for premium and responsibly sourced seafood options, and improved access to products through diverse retail and distribution channels.

A primary driver for market acceleration is the shift in consumer eating habits. A rising number of individuals are incorporating seafood into their diets due to its perceived health benefits, such as high levels of omega-3 fatty acids and protein. Shrimp has become a particularly favored option, viewed as a versatile ingredient fitting various culinary applications and offering convenience for busy consumers.

The growing trend towards health-conscious diets, particularly among younger demographics, is also contributing to increased shrimp consumption. Additionally, Western Europe is experiencing a heightened demand for ready-to-cook or conveniently prepared seafood items like shrimp, driven by faster lifestyles and a preference for ease of meal preparation.

Sustainability considerations are a significant force shaping the market. As awareness about environmental impact and concerns regarding overfishing rise, consumers are increasingly seeking products derived from responsible sources. This has prompted both domestic and international producers to move toward sustainable production methods, including environmentally friendly aquaculture practices, adherence to certifications like ASC, and implementation of traceability systems to assure ethical sourcing. This emphasis on sustainability is supported by European Union regulations and initiatives promoting ecologically sound fishing and farming.

Furthermore, the market’s expansion is bolstered by advancements in distribution networks and product accessibility. Shrimp is becoming more widely available across a variety of retail formats, including large supermarkets, online marketplaces, and establishments within the food service sector, making it simpler for consumers to incorporate it into their meals.

The increasing penetration of online commerce within the food industry has also played a role in boosting shrimp sales, addressing the consumer preference for home delivery and the convenience of digital grocery shopping platforms.

The combination of health benefits, convenience in preparation, and growing emphasis on sustainable sourcing is creating a favorable environment for sustained market development across Western Europe.