Indian Shrimp Feed Market to Grow at 15.10% During 2026-2034, Impelled by Shifting Dietary Preferences of Individuals

February 27, 2026 | Food & Beverages

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According to the latest report by IMARC Group, titled "Indian Shrimp Feed Market Size, Share, Trends and Forecast by Type, Ingredient, Additives, and Region, 2026-2034," the Indian shrimp feed market size reached USD 2.3 Billion in 2025. Shrimp feed is a commercially available food formulation that is widely utilized to fulfill the nutritional requirements of farmed shrimps. It is fortified with feed additives that aid in enhancing the nutritional content of the product. Its consumption aids in regulating adequate levels of essential nutrients, such as vitamins, minerals, fatty acids and amino acids, that are pertinent in facilitating growth rates of the cultivated shrimps at the desired harvesting size. The usage of good quality feed also promotes healthy growth while boosting the immunity of shrimps against numerous diseases. Often characterized by improved palatability and water stability, they are commonly utilized to enhance the harvest yield and the overall profitability of shrimp farming.

Indian Shrimp Feed Market Trends:

The market in India is majorly driven by the increasing consumption of shrimps across the country. With the inflating disposable income levels of the masses and their shifting dietary preferences, there has been a rising demand for protein-rich food, including seafood, which has provided an impetus to the market growth. This is further supported by the growing health consciousness among the masses and the prevalence of massive marine wealth in India. The market is also driven by the escalating popularity of ready- and easy-to-cook shrimp products across the country, along with considerable developments across the online and offline organized retail sector. This has encouraged farmers to utilized high-quality feed to promote better farm output, thereby creating a positive outlook for the market. Furthermore, numerous key players are adopting advanced techniques that are aimed to enhance the stability and performance of the additives. This, along with the significant expansion of shrimp farming and continual technological advancement in feed production, is acting as a major growth-inducing factor. Other factors, including significant growth in the food industry and the commercialization of vannamei shrimp in the country, are also contributing to the market growth. Looking forward, the market value is projected to reach USD 8.5 Billion by 2034, expanding at a CAGR of 15.10% during 2026-2034.

Market Summary:

Based on the type, the market has been segmented as grower, starter and finisher grade. Currently, grower grade shrimp feed is the most popular segment, accounting for the majority of the overall market share.
On the basis of the ingredient, the market has been divided into fish meal, fish oil, wheat flour, soybean, and others. Among these, wheat flour exhibits a clear dominance in the market.
The market has been categorized based on the additives into vitamin and protein, fatty acid, antioxidant, antibiotics, and feed enzyme and others. Amongst these, vitamin and protein represent the largest market segment.
On the geographical front, the market has been segregated into Andhra Pradesh, West Bengal, Gujarat, Tamil Nadu and Pondicherry, Odisha, Maharashtra, and others. Presently, Andhra Pradesh holds the leading market position.
The competitive landscape of the market has been examined in the report with the detailed profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2025
Historical Period	2020-2025
Forecast Period	2026-2034
Units	Billion USD, Tons
Segment Coverage	Type, Ingredient, Additives, State
States Covered	Andhra Pradesh, West Bengal, Tamil Nadu and Pondicherry, Gujarat, Odisha, Maharashtra, Others
Customization Scope	10% Free Customization
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)

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Indian Shrimp Feed Market to Grow at 15.10% During 2026-2034, Impelled by Shifting Dietary Preferences of Individuals

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