Market Outlook 2023-2028:
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players.
This report provides a deep insight into the Indian shrimp feed market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian shrimp feed industry in any manner.
- The Indian shrimp feed market size reached US$ 1.5 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 18.8% during 2023-2028
Indian Shrimp Feed Market Trends:
The rising prevalence of obesity, eye problems, cardiovascular diseases, and skin cancer is catalyzing the demand for shrimp in India. This, along with the rising consumption of seafood due to the increasing awareness among individuals about the health benefits associated with seafood consumption, is contributing to the market growth. In addition, the easy availability of healthy and disease-free shrimp represents one of the key factors driving the demand for shrimp feed in the country. Apart from this, India is one of the biggest exporters of fresh and frozen shrimp products worldwide due to the easy availability of land and labor and comparatively lower shrimp farming cost. The inflating disposable income levels and rising expenditure capacity of individuals are also strengthening the market growth. This, in confluence with the increasing utilization of shrimp in the food and beverage (F&B) industry, is creating a positive outlook for the market. Additionally, the rising popularity of regional and international cuisines, coupled with the emerging trend of food vlogging, is driving the demand for shrimp products in the country. Furthermore, the Government of India (GoI) is introducing numerous initiatives to promote organic shrimp farming practices due to increasing environmental concerns, which is offering lucrative growth opportunities to market players operating in the country. Moreover, several manufacturers are introducing shrimp feed formulated without artificial ingredients. They are also focusing on strategic collaborations with international players to launch innovative product variants in different packaging solutions. The expansion of online and offline distribution channels selling a wide range of shrimp feeds is expected to propel the market further.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the Indian shrimp feed market report, along with forecasts at the country and state level from 2023-2028. Our report has categorized the market based on type, ingredient and additives.Breakup by Type:
- Starter Grade
- Grower Grade
- Finisher Grade
Breakup by Ingredient:
- Fish Meal
- Fish Oil
- Wheat Flour
- Soybean
- Others
Breakup by Additives:
- Vitamin and Protein
- Fatty Acid
- Antibiotics
- Antioxidant
- Feed Enzyme and Others
Regional Insights:
- Andhra Pradesh
- West Bengal
- Tamil Nadu and Pondicherry
- Gujarat
- Odisha
- Maharashtra
- Others
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players.
This report provides a deep insight into the Indian shrimp feed market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian shrimp feed industry in any manner.
Key Questions Answered in This Report:
- What is the size of the Indian shrimp feed market?
- What are the key factors driving the Indian shrimp feed market?
- What has been the impact of COVID-19 on the Indian shrimp feed market?
- What is the breakup of the Indian shrimp feed market based on the type?
- What is the breakup of the Indian shrimp feed market based on the ingredient?
- What is the breakup of the Indian shrimp feed market based on the additives?
- What are the key regions in the Indian shrimp feed market?
Table of Contents
1 Preface3 Executive Summary
2 Scope and Methodology
4 Introduction
5 Indian Shrimp Feed Industry
6 India Shrimp Feed Market: Breakup by Type
7 India Shrimp Feed Market: Breakup by Ingredient
8 India Shrimp Feed Market: Breakup by Additives
9 India Shrimp Feed Market: Performance of Key Regions
10 Competitive Landscape
List of Figures
List of Tables
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 134 |
| Published | May 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 1.5 Billion |
| Forecasted Market Value ( USD | $ 4.3 Billion |
| Compound Annual Growth Rate | 19.2% |
| Regions Covered | India |
