The red-hot EU and US shrimp markets are likely to cool down in the second half of the year, and weaker demand in these markets could present challenges for shrimp producers, Rabobank reported Monday in its global aquaculture update for the second half of this year.
Demand growth in the US, EU and UK markets is expected to weaken in the second half of this year because of spiraling inflation, which is forcing consumers to cut back on retail and foodservice spending.
