Indian Shrimp Market Overview by Rising Trends and Demands 2021 to 2026

The Indian Shrimp Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

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Key Players:

Nekkanti Seafoods, Avanti Frozen Foods Private Limited, Devi Sea Foods Limited, Falcon Marine Exports Ltd.,  BMR Group, Baby Marine Eastern Exports, Sandhya Marines, Apex Frozen Foods Limited, Ananda Aqua Exports Private Limited, Crystal Sea Foods Private Limited, Citrus Alpha Marine LLP, Jaya Lakshmi Sea Foods Private Limited, Ifb Agro Industries Limited, S.S.F Limited, A.M.Fisheries, JRJ Sea Foods India Private Limited, Anjaneya Sea Foods,  Kings Infra Ventures Limited, Kadalkanny Frozen Foods, The Waterbase Limited, Geo Sea Foods, Abad Fisheries Private Limited, K V Marine Exports, Liberty Group of Seafood Companies, Kader Exports Private Limited, Liberty Frozen Foods Private Limited, Devi Marine Foods Exports Private Limited, Zeal Aqua Limited, Frontline Exports Private Limited, and Jude Foods India Private Limited and others.

The Indian shrimp market reached a value of US$ 2.65 Billion in 2020. Shrimp refers to an invertebrate marine animal with an elongated body which is often used as a food product. It is regarded as nutritious since it contains proteins, selenium, antioxidants, phosphorus, magnesium, copper, iron and vitamin B12. Some of the health benefits associated with shrimp consumption include weight loss, fighting aging, improving bone health, decreasing menstrual pain and preventing cardiovascular diseases. In India, fisheries represent a significant economic activity and offer vast growth opportunities. This is due to the countrys varied resources and potentials.

Easy availability of shrimp and their high nutritional content represent the major growth-inducing factors. They form an important part of various cuisines being one of the most traded seafood species. With the rise in demand for disease-free and healthy shrimps, India has become one of the largest shrimp exporters to the US and the European Union. One of the key trends witnessed in the Indian market is the expansion of the food industry owing to the rising demand for ready-to-eat food products. This is supported by forces such as rapid urbanization, changing lifestyles, hectic work schedules and increasing working women population. As a result, the shrimp market in India is witnessing a healthy growth. In addition to this, a rising demand for shrimp worldwide has positively influenced shrimp imports from India. Moreover, increasing health consciousness amongst consumers, escalating disposable incomes and improving standards of living remain some of the other major factors which are further augmenting the demand for shrimps. Looking forward, IMARC Group expects the Indian shrimp market to grow at a CAGR of 14.5% during 2021-2026.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Indian Shrimp market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Personal Protective Equipment market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Indian Shrimp market.

Market Segments: This part of the report discusses product type and application segments of the global Indian Shrimp market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Indian Shrimp used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

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Finally, the Indian Shrimp Market report is the believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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