Press release
Indian Shrimp Feed Market Size, Top Companies, Demand, Future Scope and Business Opportunities by 2027
According to IMARC Group's latest report, titled "๐๐ง๐๐ข๐๐ง ๐๐ก๐ซ๐ข๐ฆ๐ฉ ๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", the Indian shrimp feed market size reached US$ 1.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2027, exhibiting a CAGR of 19.5% during 2022-2027.Shrimp feed is the 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.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐: https://www.imarcgroup.com/indian-shrimp-feed-market/requestsample
๐๐จ๐ญ๐: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
๐๐ง๐๐ข๐๐ง ๐๐ก๐ซ๐ข๐ฆ๐ฉ ๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
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.
Indian Shrimp Feed Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the Indian shrimp feed market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the Indian shrimp feed market on the basis of type, ingredient, additives and region.
Breakup by Type:
โข Starter Grade
โข Grower Grade
โข Finisher Grade
Breakup by Ingredient:
โข Fish Meal
โข Fish Oil
โข Wheat Flour
โข Soybean
โข Others
Breakup by Additives:
โข Vitamin and Protein
โข Fatty Acid
โข Antibiotics
โข Antioxidant
โข Feed Enzyme and Others
Breakup by Region:
โข Andhra Pradesh
โข West Bengal
โข Tamil Nadu and Pondicherry
โข Gujarat
โข Odisha
โข Maharashtra
โข Others
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐% ๐๐ซ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=942&flag=C
This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
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Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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