GCC Prawn Market 2022-2027: Size, Share, Upcoming Trends, Demand, Regional Analysis and Forecast | Syndicated Analytics
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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Prawns are the small aquatic crustaceans that are generally found in calmer waters where they lay eggs amid water plants. Some of the prawn varieties popularly consumed include jumbo tiger, wild Argentinian, langoustine, etc.
Prawns help improve the immune system, maintain heart health, build strong bones and muscles, provide antioxidants and selenium, aid in regulating active white blood cells, enhance muscle metabolism, augment the skin texture, etc. As a result, prawns are among the most popular seafood items consumed across the GCC countries.
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 inflating product utilization in the preparation of soups, sushi, sushi, etc., is among the key factors driving the GCC prawn market. In line with this, the shifting consumer preferences towards the consumption of seafood, owing to the elevating health consciousness, are further stimulating the market growth. Moreover, the introduction of processed prawns with longer shelf life and in ready-to-eat (RTE) packaging is acting as another significant growth-inducing factor.
Besides this, the expanding marine and inland water infrastructures are also augmenting the GCC prawn market. Additionally, the improving cold storage facilities are positively influencing the market growth. Apart from this, the increasing willingness among individuals to experiment with international cuisines is anticipated to fuel the GCC prawn market over the forecasted period.
GCC Prawn Market Segmentation:
The market is segmented on the basis of type, end-use, and region.
- Type
- End use
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape:
The report also provides insights on the competitive landscape of the prawn market with the leading players profiled in the report.
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