India Aquaculture Market Business Opportunities With Key Players Analysis 2028

Precision Business Insights published a research report on "India Aquaculture Market By Fish type (Carps, Shrimp, Cat fishes, Pangasius, Tilapia, and others), By Production type (Small scale and Medium & Large scale), By Environment (Fresh water, Brackish Water, and Marine) - Global/Region/Country Forecast to 2028"

Aquaculture, often known as aquafarming, is the production of aquatic organisms under partially controlled circumstances, such as freshwater fish, crustaceans, mollusks, and so on. Fish farming, shrimp farming, oyster farming, algaculture, mariculture, and other types of aquacultures are some of the most prevalent. Aquaculture also includes ornamental fish production to assist leisure and commercial fishing. India is a typical freshwater aquaculture country, with a long history of fish growing in both private and community ponds. In both marine and inland waters, India's extensive coastal area provides enormous prospects for aquaculture.

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The aquaculture market in India is primarily driven by the increased consumption of fish, which has several health benefits such as strengthening digestion, improving skin health, and boosting metabolism. In line with this, customer preferences are evolving away from high-calorie meat items and toward a protein-rich diet, which includes fish, shrimp, mollusks, and other seafood. Furthermore, the growing number of hatcheries, feed mills, as well as processing units in the country is boosting the aquaculture business. Furthermore, the Indian government is introducing a slew of initiatives, such as the Pradhan Mantri Matsya Sampada Yojana, to create a comprehensive framework and overcome infrastructure deficiencies in the fisheries industry. The aquaculture sector in India is also being bolstered by the introduction of numerous awareness initiatives aimed at training fish farmers on how to increase their production volume as well as yield quality. Furthermore, the rising prevalence of several foodborne illnesses linked to viruses found in conventionally bred fish is fuelling demand for organic alternatives.

On the basis of environment, the market is segregated into Farmed Shrimp and Wild Shrimp. On the basis of Species, the India aquaculture market is divided into Penaeus Monodon, L. Vannamei. On the basis of end use, the market is categorized into Hotels and Restaurants, Hypermarkets and Supermarkets, Retail Shops, Online Sales, and Others. On the basis of End Form, the market is fragmented into fresh, Frozen, and Canned.

During the projected period, the India aquaculture market is predicted to grow at a steady pace. The increasing demand for fish in India is driving the market for aquaculture and marine products. Advantages such as high yield and healthy produce, regulation of reproduction cycles, disease prevention in aquatic life, and genetic advances in particular types, among others, are projected to fuel market expansion in the next years.
Furthermore, supporting government programmes promoting aquaculture, such as the "Development of Inland Fisheries and Aquaculture," are likely to generate attractive market growth possibilities in the coming years.

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There are several industry players working in the India Aquaculture Market, which include Avanti Feeds Ltd., Apex Frozen Foods Ltd., Coastal Corporation Limited, Waterbase Ltd., Zeal Aqua

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