Top 9 Aquafeed Companies in India

The India aquafeed market reached a volume of 1.9 Million Tons in 2024. As per the analysis by IMARC Group, the market is expected to reach a volume of 4.0 Million Tons by 2033, exhibiting a growth rate (CAGR) of 8.13% during 2025-2033. The top companies in the India aquafeed market are focusing on branding and marketing strategies. Moreover, the increasing demand for seafood, including fish and shrimp, is driving the market growth. In line with this, the rising awareness about the health benefits of seafood, as it is a healthy source of high-quality protein, omega-3 fatty acids, and other essential nutrients, is favoring the market growth. Apart from this, manufacturers are focusing on the use of high-quality aquafeed as an important aspect of sustainable aquaculture.

In addition, these technologies help reduce overfeeding, minimize feed waste, and improve feed conversion efficiency, leading to more sustainable and efficient aquaculture operations. Furthermore, the growing demand for aquafeed that meets stringent food safety standards and provides traceability throughout the supply chain is creating a positive outlook for the market. Besides this, key players are incorporating high-quality raw materials that offer functional advantages and lower the usage of synthetic components, owing to the growing trend of natural and organic feeds, which in turn is providing a considerable boost to the market. Other factors, including increasing focus on food safety, rising expenditure capacities of consumers, growing health consciousness, and improving cold chain facilities, are anticipated to drive the market growth.

Learn about opportunities, challenges, and trends in the Indian aquafeed market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the India Aquafeed Industry:

The India aquafeed market has several major players including Avanti Feeds Limited, Godrej Agrovet Limited, Growel Feeds Pvt. Ltd, Happy Feeds, IB Group, IFB Agro Industries Limited, Skretting India, Sreema’s Feeds, and UNO Feeds. More information about these companies has been provided below.

1. Avanti Feeds Limited

Avanti Feeds Limited is a leading aquaculture company based in India that is engaged in the production of scientifically formulated and nutritionally balanced shrimp feed. The company strongly focuses on innovation and technology and has invested in advancements to improve its products and services. The research and development (R&D) activities are focused on developing new products and technologies to improve the efficiency and sustainability of shrimp farming, as well as for enhancing the quality and safety of its products.

2. Godrej Agrovet Limited

Godrej Agrovet Limited is an Indian conglomerate company that produces and distributes agricultural inputs, animal feeds, and processed food products. The company is a subsidiary of Godrej Industries Limited, which is one of India's leading conglomerates, with interests in a wide range of sectors, including consumer goods, real estate, and industrial engineering. Godrej Agrovet operates in several business segments, including animal feed, crop protection, oil palm, dairy, poultry, and processed foods. The animal feed segment of the company produces a range of animal feed products for poultry, cattle, aquaculture, and specialty animal breeds. Moreover, Godrej Agrovet Limited is committed to producing high-quality, safe, and sustainable animal feed products.

3. Growel Feeds Pvt. Ltd

Growel Feeds Pvt. Ltd. is a leading Indian company engaged in the production and distribution of animal feed products. The company aims to produce high-quality, safe, and sustainable animal feed products and has established several initiatives to promote responsible animal husbandry practices and reduce the environmental impact of animal farming. Growel Feeds Pvt. Ltd.'s product portfolio includes a wide range of animal feed products, including broiler feed, layer feed, cattle feed, and aqua feed. The company's feed products are formulated using the latest research and development techniques to ensure that they meet nutritional requirements.

4. Happy Feeds

Happy Feeds operates with a sharp focus on aquafeed for freshwater species, manufacturing only floating fish pellets. The company emphasizes balanced nutrition, ensuring high digestibility and protein levels that support faster growth and healthier fish. Its feed is designed to maintain water quality by reducing waste, an important concern for Indian aquaculture. With a strong presence across major fish-farming states, Happy Feeds caters to Tilapia, Pangasius, Indian major carps, and common carp. By keeping its scope narrow and investing in continuous product refinement, the company has built credibility among both commercial farms and smallholders looking for reliable, cost-effective aquafeed solutions.

5. IB Group

IB Group is an agri-business company in India with a diversified portfolio that includes animal feed, poultry farming, and food processing. The company’s animal feed business is focused on producing high-quality, nutritionally balanced feed products for a range of animal species, including poultry, dairy cattle, swine, and aquaculture. IB Group is equipped with the latest technology and equipment to ensure the highest quality and safety standards. The company’s feed products are formulated using the latest research and development techniques and are designed to meet the specific nutritional requirements of different animal species.

6. IFB Agro Industries Limited

IFB Agro has diversified into aquaculture by strengthening its feed business for shrimp and freshwater fish. The company combines decades of food and agribusiness expertise with modern feed formulations to serve India’s fast-growing aquaculture market. Its operations extend beyond feed manufacturing into integrated seafood production, giving it a unique position in connecting farm inputs with export-driven seafood processing. By adopting advanced nutrition technology and efficient manufacturing practices, IFB Agro is enhancing farmer productivity and supporting sustainable aquaculture. With facilities and distribution networks spread across key aquaculture hubs in India, the company is increasingly recognized as a reliable partner for shrimp and fish farmers.

7. Skretting India

Skretting India, part of the global Nutreco group, supplies high-quality feed for shrimp and a range of freshwater and marine fish. Since starting operations in 2018, it has focused on combining advanced nutrition with farmer support, offering practical guidance on feed management, water quality, and farm efficiency. Its manufacturing unit in Gujarat produces both extruded and pelleted feed, with capacity designed to grow alongside India’s aquaculture sector. By emphasizing biosecurity and sustainable farming practices, Skretting India works closely with hatcheries, nurseries, and growers. Its distribution network across major coastal and inland states ensures consistent service to aquaculture communities throughout the country.

8. Sreema’s Feeds

Sreema’s Feeds has evolved from a diversified agri-business into one of Eastern India’s leading aquafeed producers. Its floating fish feed is formulated with high protein and energy content, meeting the needs of fast-growing aquaculture systems. The company invests in quality control and feed trials, ensuring consistent performance in ponds and tanks. The company is expanding into fish health products and biotechnology, creating a more integrated service model. With a strong footprint in West Bengal, Uttar Pradesh, and Bihar, Sreema’s Feeds caters to both small farmers and large aquaculture enterprises, strengthening regional fish farming with reliable, sustainable nutrition solutions.

9. UNO Feeds

UNO Feeds is a producer of high-quality animal feed that produces a wide range of feed products for different animal species, including poultry, swine, cattle, and aquaculture. Its aquaculture feed products are tailored to meet the specific nutritional requirements of different fish and shrimp species. The company's operations are focused on providing high-quality and sustainable feed solutions to animal farmers. Besides this, UNO Feeds research and development (R&D) facilities are equipped with the latest technology and equipment.

Get an inside look at the India aquafeed market with exclusive insights, including:

• CAGR projections during the 2025-2033 forecast period.
• In-depth information on the factors that will fuel the India aquafeed market growth in the next five years.
• Precise predictions regarding upcoming trends and potential changes in consumer behavior.
• Analysis of the India aquafeed industry's expansion at the regional and global level.
• A thorough review of the market's competitive landscape and detailed information on key players.
• Detailed explanations of the challenges that could impede the growth of the India aquafeed market.

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