Rapid global population growth depleting finite terrestrial resources which are directed towards sustainable utilization of the oceans. The blue economy is a macro-economy concept where eco-friendly innovations are applied for the sustainable production of marine goods and services for social solvency. In this paper, the global blue economy definition, blue economy potentials, resources, blue economy in fisheries and aquaculture sector, present shrimp cultivation status and blue economy of shrimp cultivation from Bangladesh perspectives have been reviewed. Potential blue economy sectors in Bangladesh are mariculture, deep sea fishing, biotechnology, marine energy, submarine cable connections, etc. Blue economy resources are biological resources, government agencies, human resources, ports-harbors, vessels and submarines, in addition to remote sensing facilities. To embrace the blue economy, fisheries and aquaculture should include technologies, such as big data analysis, machine learning, artificial intelligence and precision aquaculture. Shrimp cultivation occurs in Khulna, Chittagong, Cox's Bazar, and Bhola regions mostly by traditional methods. Shrimp pond management, cultural practices, harvesting, grading, production, supply, and future potential has been addressed. Shrimp production is increasing steadily. The blue economy of shrimp culture involves innovative solutions to settle down unsustainability issues. A conceptual framework addressing major challenges and sustainable interventions has also been reported. Recommendations are directed to consider government policy declaration, public awareness, coordination among state agencies, establishing a national marine data hub, supporting research and development, and employing more manpower, as well as regional and international collaborations.