Provided are a shrimp oil powder condiment and a preparation method thereof. The shrimp oil powder condiment comprises the raw materials: shrimp oil enzymatic hydrolysate, white granulated sugar, starch, a yeast extract, monosodium glutamate, disodium ribonucleotide, disodium succinate, maltodextrin, beta-cyclodextrin, peach gum, ginger powder, garlic powder, white pepper powder, yellow rice wine,glucose and silicon dioxide. The shrimp oil enzymatic hydrolysate is obtained by carrying out enzymatic hydrolysis firstly, then inoculating with lactic acid bacteria and fermenting. The preparationmethod comprises the steps: the shrimp oil powder seasoning raw materials are homogenized at high speed, then filtered with 100 mesh gauze and spray-dried to obtain shrimp oil powder. The method has the advantages that the process is simple and reasonable. The enzymatic hydrolysis technology is used for improving the flavor of shrimp oil, and finally the purpose of improving the flavor of the shrimp oil powder is achieved. Nitrite in the shrimp oil is degraded by lactobacillus sake and pediococcus pentosaceus. The prepared shrimp oil powder condiment is light yellow, rich in nutrients, rich inflavor, good in rehydration, and delicious in taste; the preparation method is suitable for the field of food processing or dish cooking process, easy to operate and suitable for continuous production.