India Aquafeed Market Size, Share, Growth, Analysis And Forecast 2022-2027
Aquafeed is prepared from a mix of fish and plant-based raw materials and it provides essential nutrients, including proteins, oils, vitamins, and minerals, and conserves finite marine resources. It assists in alleviating the effects of stress, reducing susceptibility to disease, and strengthening immunity. Consequently, the demand for aquafeed is rising across India.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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India Aquafeed Market Trends:
The increasing farming of aquatic animals represents one of the major factors strengthening the market growth in India. In addition, the Government of India (GoI) is undertaking several initiatives to promote sustainable fish farming methods and enhance aquafeed productivity, which is contributing to the market growth. Apart from this, aquatic farmers are adopting advanced equipment to analyze fish behavior and monitor the water. Furthermore, the growing consumption of seafood on account of the increasing awareness among individuals about its health benefits, along with the rising prevalence of chronic diseases, is creating a positive outlook for the market in the country.
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Breakup by Species:
Freshwater (FW) Crustaceans
Breakup by Ingredients:
Breakup by Additives:
Vitamins and Minerals
Breakup by Product Form:
Breakup by Region:
West and Central India
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