Market Overview

The Egypt shrimp market size reached USD 251.38 Million in 2024 and is projected to grow to USD 355.94 Million by 2033. The market is set to expand at a CAGR of 3.88% during the forecast period of 2025-2033. Growth is driven by rising international demand and advances in sustainable farming technologies, which improve both production efficiency and shrimp quality. Egypt's strategic position linking Europe, Asia, and the Middle East supports its strong role in the global shrimp trade.

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Market Growth Factors

Increasing international demand for Egyptian shrimp is a major growth driver. Egypt sits at a geographic nexus linking Europe, Asia, and the Middle East, emerging as a principal player in the global seafood trade. This demand surge is fueled by improved farming techniques and enhanced export infrastructure. The government also plays a critical role, promoting new shrimp farms and output increases through supportive policies. These efforts have made the Egyptian shrimp industry a notable contributor to the country’s economy and global seafood supply.

The modernization of shrimp farming technologies is transforming the industry. Traditional farming methods are being replaced by sophisticated systems like Recirculating Aquaculture Systems (RAS), which are more water-efficient and environmentally friendly. This shift not only reduces farming’s ecological footprint but also boosts productivity. Farms are increasingly integrating automation technologies at various production stages, including feeding and water quality management, optimizing growth conditions and reducing costs. Moreover, biosecurity and disease control have significantly advanced, ensuring healthier shrimp that meet international compliance standards.

Environmental sustainability is becoming a key focus in the Egyptian shrimp industry’s growth trajectory. Shrimp farms across the country are adopting greener farming practices, driven by global consumer demand for sustainably sourced seafood. Efforts include minimizing water use and reducing aquaculture’s ecological footprint. Such practices not only help in preserving natural resources but also enhance the export appeal of Egyptian shrimp. The government's environmental programs and incentives further support this trend, ensuring that Egypt remains competitive while promoting responsible aquaculture.

Market Segmentation

Environment Insights:

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Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent Developement & News

Customization Note

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