Shrimp Market 2019 Demand, Opportunities & Growth Prospects

By: MEGAA MODA Pvt. Ltd.
 
KOLKATA, India - Dec. 10, 2019 - PRLog -- 2025 is estimated to be a year that will witness the growth of 133.43 billion globally. It is due to the rising demand for the product as a low-cost protein source for its nutritional benefits. In reality, shrimps are nutritious to health and do not cater to any carb or fatty ingredients. Shrimps, both fresh or frozen, are typically available for direct human consumption. Frozen shrimps are getting the reputation as they are ready in recipe forms purveying to different cuisines. The increasing need for packaged foods by seafood exporters is deemed to augment the shrimp market globally and over the estimated time.

Recently, shrimps are majorly cropped from aquaculture fishponds as their maturity and condition can be managed. Additionally, aquaculture includes the process of breeding, rearing, plus acquisition of specific varieties, an antagonistic situation to naturally caught fisheries.

Furthermore, approved organizations are making adjustments to reduce dependence on caught fisheries to preserve the environmental balance. Seized fisheries are anticipated to have a value of 35.8% of the global frozen shrimp business share in the year 2025. Many shrimp and prawn exporters of India like Megaa Moda have been startled with the news, after speaking to Yogesh Gupta, it seems to be highly excited. On this note, he says, ' As a processor and exporter of seafood in India, we have always been on our toes to better systems of functioning and exports'.

The increasing requirement for shrimp copulated with its seasonality has shown significant volatility in the price ranges. In the year 2017, the global shrimp costs were approximately USD 9 per kg. These rates vary each month also are defined by diverse determinants such as production and trade. Besides these financial parameters, the condition and hence, the cost of the ultimate product is decided by the production of shrimp supplies.

Megaa Moda is a two-star Shrimp and Prawn Exporters in India, that produces quality shrimps and prawns and ships it in all major national and international markets. Today, with the dedication of two Directors, the company has received several accolades since its inception.

For more information, visit https://www.megaa.in/products/range

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Megaa Moda Pvt Ltd.


Address: 9th Floor, Flat A10, CIC Building, 33A Chowringhee Road, Kolkata 700071, India

Phone: + 91 33 4021 9200

Fax: + 91 33 2440 0919

Email: sales@megaa.in

Website: www.megaa.in

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MEGAA MODA Pvt. Ltd.
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Source:MEGAA MODA Pvt. Ltd.
Email:***@megaa.in
Tags:Seafood Exporters
Industry:Business
Location:Kolkata - West Bengal - India
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