GCC Prawn Market: Market Size, Share, Trends, Industry Analysis, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the GCC prawn market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter's Five Forces models.
Report Metrics
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Prawn refers to the crustaceans present naturally in calmer waters, wherein they lay eggs amidst water plants. It is considered one of the popular seafood products, which is commonly used in the preparation of curries, pasta, soups, salads, sushi, etc. Some of the widely consumed prawn varieties include cocktail, langoustine, tiger, brown, jumbo tiger, wild carabineros, Gambero Rosso, etc. Prawns are a rich source of selenium and antioxidants, and help in enhancing skin texture, regulating active white blood cells, and increasing muscle metabolism. In addition, they also assist in preventing cancer, sustaining heart health, fighting Alzheimer’s disease, strengthening bones and muscles, etc. As a result, prawns are widely consumed across the GCC region.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
GCC Prawn Market Industry Trends and Drivers:
The growing health consciousness among individuals, along with the rising demand for a protein-rich diet, is primarily driving the GCC prawn market. Moreover, the increasing number of non-vegetarians in the region is further catalyzing the market for prawns. In addition to this, the growing focus of government bodies towards sustainable development, supporting the production of organic prawns, is also providing a positive outlook for the market. Furthermore, numerous key players are offering frozen, ready-to-eat (RTE), and value-added product variants that provide longer shelf life and convenience of preparation to consumers, which is further stimulating market growth. Apart from this, the expanding e-commerce sector and the escalating sales of prawns via online distribution channels are acting as another growth-inducing factor. Additionally, several other factors, such as rising willingness among individuals to try international cuisines, the vast presence of varied and abundant marine and inland resources, and improving cold storage facilities, are expected to fuel the GCC prawn market in the coming years.
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GCC Prawn Market Segmentation:
The market is segmented on the basis of type, end-use, and region.
Type
End use
RegionNorth America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape:
The report also provides insights on the competitive landscape of the prawn market with the leading players profiled in the report.
Read Also- https://trackthattravel.com/travelblog/20161
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