The concept of ternary semihypergroups can be considered as a natural generalization of arbitrary ternary semigroups. In fact, each ternary semigroup can be constructed to a ternary semihypergroup. In this article, we investigate some interesting algebraic properties of ternary semihypergroups induced by semihypergroups. Then, we extend the well-known result on group theory and semigroup theory, the so-called Cayley’s theorem, to study on ternary semihypergroups. This leads us to construct the ternary semihypergroups of all multivalued full binary functions. In particular, we investigate that each element of a ternary semihypergroup induced by a semihypergroup can be represented by a multivalued full binary function. Moreover, we introduce the concept of translations for ternary semihypergroups which can be considered as a generalization of translations on ternary semigrgoups. Then, we construct ternary semihypergroups of all multivalued full functions and ternary semihypergroups via translations. So, some interesting algebraic properties are investigated. At the last section, we discover that there are ternary semihypergroups satisfying some significant conditions which can be reduced to semihypergroups. Furthermore, ternary semihypergroups with another one condition can be reduced to idempotent semihypergroups.