With 11.5% CAGR, Indian Shrimp Market to Reach US$ 12.7 Billion by 2027 | Industry Report
According to the latest report by IMARC Group, titled "Indian Shrimp Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, " the Indian shrimp market reached a value of US$ 6.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2027, exhibiting a CAGR of 11.5% during 2022-2027. The shrimp represents an invertebrate marine animal with an elongated body belonging to the largest class of crustaceans, also known as Malacostraca. It is usually found in streams, freshwater lakes, and deep and shallow water. Shrimp is a rich source of proteins, selenium, antioxidants, phosphorus, iron, copper, magnesium, vitamin B12, etc. Consequently, it helps in facilitating weight loss, fighting aging, improving bone health, preventing cardiovascular diseases, decreasing menstrual pain, etc. Shrimp also contains low saturated fat content. As such, it is commonly consumed seafood across India. 𝐆𝐞𝐭 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩...