Year in Review: Looking Back at the Shrimp Market in 2022
For the most part, shrimp consumption in the U.S. has been increasing in recent years; driven by the numerous health benefits, and more recently shifting consumer patterns from the pandemic. The most recent data in 2020 showed per capita consumption at 5.0 pounds, a 25% increase in five years.
The market for imported shrimp products, however, has been in correction-mode all year, and at times, under significant downward pressure. Demand for seafood in the United States has waned from record levels...
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