Who Are the Main Shrimp Suppliers in Thailand?

Players

Thailand’s top five notable shrimp suppliers:

- Thai Union Group (25% of national market share)

- CP Foods & Industry

- Siam Canadian Group Ltd.

- S&D Marine Products

- Chaivaree Marine Products

Large processors have contractual partnership with farmers and purchase on a spot-basis all year round. 

• Reported by an ex-Thai Union worker, large manufacturers take in, on average, 100 MT of raw shrimp daily which is processed into 50 MT of ready product.

• Can export between 80-100 FCL monthly
  

• Even Thailand’s top manufacturers do not have vertical integration of the full supply chain
  

• Too much resource and cost to directly invest in feedmill, hatcheries, and farms
  

Small to medium sized processors purchase from brokers or smaller farmers

• Mid-tier manufacturers process about 60-80 MT of shrimp and export 2-4 FCL monthly