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India Aquafeed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India aquafeed market is expected to exhibit a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

India represents one of the leading aquaculture markets across the globe on account of the rich biodiversity of aquatic species. Consequently, there is a high demand for aquafeed in the country to meet the growing need of aquaculture farmers and the expanding export businesses.

 

 
 

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With increasing disposable incomes, growing health consciousness and improving cold chain facilities, seafood sales have expanded from local wet markets to organized retail channels, such as supermarkets. This represents one of the key factors fueling the growth of the aquafeed market in India. Moreover, the growing trend of natural and organic feeds has prompted manufacturers to incorporate high-quality raw materials that offer functional advantages and lower the usage of synthetic components. They are also enhancing the stability of feed pellets, reducing fine proportion, and improving pellets density and extension. Another major factor driving the industry growth is t significant shift from homemade feed to commercially available product variants. Along with enhancing the bioavailability of various nutrients, the commercial feed also helps in reducing environmental pollution and increasing profit margins. Furthermore, the Government of India is offering various subsidies for fish and shrimp farmers, which in turn is stimulating the growth of the aquafeed industry.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India aquafeed market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on species, ingredients, additives and product form.

Breakup by Species:

  • Carp Feeds
  • Marine Shrimps
  • Tilapias
  • Catfishes
  • Marine Fishes
  • Salmons
  • Freshwater (FW) Crustaceans
  • Trouts
  • Others
     

Breakup by Ingredients:

 

 
 

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  • Soybean
  • Corn
  • Fish Meal
  • Fish Oil
  • Additives
  • Others
     

Breakup by Additives:

  • Vitamins and Minerals
  • Antioxidants
  • Feed Enzymes
  • Others
     

Breakup by Product Form:

  • Pellets
  • Extruded
  • Powdered
  • Liquid
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Species, Ingredients, Additives, Product Form, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the India aquafeed market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India aquafeed market?
  • What are the key regional markets?
  • What is the breakup of the market based on the species?
  • What is the breakup of the market based on the ingredients?
  • What is the breakup of the market based on the additives?
  • What is the breakup of the market based on the product form?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the India aquafeed market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   India Aquafeed Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Species
    6.1    Carp Feeds
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Marine Shrimps
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Tilapias
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Catfishes
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Marine Fishes
        6.5.1    Market Trends
        6.5.2    Market Forecast
    6.6    Salmons
        6.6.1    Market Trends
        6.6.2    Market Forecast
    6.7    Freshwater (FW) Crustaceans
        6.7.1    Market Trends
        6.7.2    Market Forecast
    6.8    Trouts
        6.8.1    Market Trends
        6.8.2    Market Forecast
    6.9    Others
        6.9.1    Market Trends
        6.9.2    Market Forecast
7   Market Breakup by Ingredients
    7.1    Soybean
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Corn
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Fish Meal
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Fish Oil
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Additives
        7.5.1    Market Trends
        7.5.2    Market Forecast
    7.6    Others
        7.6.1    Market Trends
        7.6.2    Market Forecast
8   Market Breakup by Additives
    8.1    Vitamins and Minerals
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Antioxidants
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Feed Enzymes
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Others
        8.4.1    Market Trends
        8.4.2    Market Forecast
9   Market Breakup by Product Form
    9.1    Pellets
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Extruded
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Powdered
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Liquid
        9.4.1    Market Trends
        9.4.2    Market Forecast
10  Market Breakup by Region
    10.1    North India
        10.1.1 Market Trends
        10.1.2 Market Breakup by State
        10.1.3 Market Forecast
    10.2    West and Central India
        10.2.1 Market Trends
        10.2.2 Market Breakup by State
        10.2.3 Market Forecast
    10.3    South India
        10.3.1 Market Trends
        10.3.2 Market Breakup by State
        10.3.3 Market Forecast
    10.4    East India 
        10.4.1 Market Trends
        10.4.2 Market Breakup by State
        10.4.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Policy and Regulatory Landscape
16  Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: India: Aquafeed Market: Major Drivers and Challenges
Figure 2: India: Aquafeed Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: Aquafeed Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: Aquafeed Market: Breakup by Species (in %), 2021
Figure 5: India: Aquafeed Market: Breakup by Ingredients (in %), 2021
Figure 6: India: Aquafeed Market: Breakup by Additives (in %), 2021
Figure 7: India: Aquafeed Market: Breakup by Product Form (in %), 2021
Figure 8: India: Aquafeed Market: Breakup by Region (in %), 2021
Figure 9: India: Aquafeed (Carp Feeds) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: India: Aquafeed (Carp Feeds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: India: Aquafeed (Marine Shrimps) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: India: Aquafeed (Marine Shrimps) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: India: Aquafeed (Tilapias) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: India: Aquafeed (Tilapias) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: India: Aquafeed (Catfishes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: India: Aquafeed (Catfishes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: India: Aquafeed (Marine Fishes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: India: Aquafeed (Marine Fishes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: India: Aquafeed (Salmons) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: India: Aquafeed (Salmons) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: India: Aquafeed (Freshwater Crustaceans) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: India: Aquafeed (Freshwater Crustaceans) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: India: Aquafeed (Trouts) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: India: Aquafeed (Trouts) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: India: Aquafeed (Other Species) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: India: Aquafeed (Other Species) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: India: Aquafeed (Soybean) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: India: Aquafeed (Soybean) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: India: Aquafeed (Corn) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: India: Aquafeed (Corn) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: India: Aquafeed (Fish Meal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: India: Aquafeed (Fish Meal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Aquafeed (Fish Oil) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Aquafeed (Fish Oil) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: India: Aquafeed (Additives) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: India: Aquafeed (Additives) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: India: Aquafeed (Other Ingredients) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: India: Aquafeed (Other Ingredients) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: India: Aquafeed (Vitamins and Minerals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: India: Aquafeed (Vitamins and Minerals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: India: Aquafeed (Antioxidants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: India: Aquafeed (Antioxidants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Aquafeed (Feed Enzymes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Aquafeed (Feed Enzymes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Aquafeed (Other Additives) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Aquafeed (Other Additives) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: India: Aquafeed (Pellets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: India: Aquafeed (Pellets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: India: Aquafeed (Extruded) Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: India: Aquafeed (Extruded) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: India: Aquafeed (Powdered) Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: India: Aquafeed (Powdered) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: India: Aquafeed (Liquid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: India: Aquafeed (Liquid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: North India: Aquafeed Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: North India: Aquafeed Market: Breakup by State (in %), 2021
Figure 57: North India: Aquafeed Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: West and Central India: Aquafeed Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: West and Central India: Aquafeed Market: Breakup by State (in %), 2021
Figure 60: West and Central India: Aquafeed Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: South India: Aquafeed Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: South India: Aquafeed Market: Breakup by State (in %), 2021
Figure 63: South India: Aquafeed Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: East India: Aquafeed Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: East India: Aquafeed Market: Breakup by State (in %), 2021
Figure 66: East India: Aquafeed Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: India: Aquafeed Industry: SWOT Analysis
Figure 68: India: Aquafeed Industry: Value Chain Analysis
Figure 69: India: Aquafeed Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Aquafeed Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Aquafeed Market Forecast: Breakup by Species (in Million US$), 2022-2027
Table 3: India: Aquafeed Market Forecast: Breakup by Ingredients (in Million US$), 2022-2027
Table 4: India: Aquafeed Market Forecast: Breakup by Additives (in Million US$), 2022-2027
Table 5: India: Aquafeed Market Forecast: Breakup by Product Form (in Million US$), 2022-2027
Table 6: India: Aquafeed Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: India: Aquafeed Market: Competitive Structure
Table 8: India: Aquafeed Market: Key Players


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