Key Highlights
- The aquaculture industry involves the cultivation and farming of aquatic organisms in both inland and marine areas. This includes a diverse range of species, such as crustaceans, diadromous fishes, freshwater fishes, marine fishes, and molluscs. Market volume and value represent the production volume and value.
- The Indian aquaculture industry recorded revenues of $29 billion in 2024, representing a compound annual growth rate (CAGR) of 9.6% between 2019 and 2024.
- Industry production volume increased with a CAGR of 6.2% between 2019 and 2024, reaching a total of 18.11 million tonnes in 2024.
- The growth of the Indian aquaculture industry is being propelled by rapid urbanization and a rising population, which together have significantly increased demand for packaged, processed, and farmed seafood through both commercial and retail channels. According to the Government of India's Ministry of Finance, Department of Economic Affairs, India's per capita disposable income increased by 8.0% in FY2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aquaculture market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aquaculture market in India
- Leading company profiles reveal details of key aquaculture market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India aquaculture market with five year forecasts
Reasons to Buy
- What was the size of the India aquaculture market by value in 2024?
- What will be the size of the India aquaculture market in 2029?
- What factors are affecting the strength of competition in the India aquaculture market?
- How has the market performed over the last five years?
- What are the main segments that make up India's aquaculture market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Avanti Feeds Ltd
- Apex Frozen Foods Ltd
- Coastal Corp Ltd
- Kings Infra Ventures Ltd