| Product Code: ETC7536885 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s aquaculture feed import shipments in 2024 continued to be dominated by key exporting countries such as Vietnam, Thailand, Malaysia, USA, and Belgium. Despite a high Herfindahl-Hirschman Index reflecting market concentration, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -24.63% from 2020 to 2024. The growth rate for 2023-24 also remained negative at -5.18%, indicating challenges and fluctuations in the market dynamics impacting the aquaculture feed import sector in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aquaculture Feed Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aquaculture Feed Market Revenues & Volume, 2021 & 2031F |
3.3 India Aquaculture Feed Market - Industry Life Cycle |
3.4 India Aquaculture Feed Market - Porter's Five Forces |
3.5 India Aquaculture Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 India Aquaculture Feed Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.7 India Aquaculture Feed Market Revenues & Volume Share, By Lifecycle, 2021 & 2031F |
4 India Aquaculture Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aquaculture products in India due to changing dietary habits and increased health consciousness. |
4.2.2 Government initiatives and policies supporting the development of the aquaculture industry in India. |
4.2.3 Technological advancements in aquaculture feed production leading to higher efficiency and quality. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in aquaculture feed production, impacting profit margins. |
4.3.2 Environmental concerns related to aquaculture practices leading to regulatory challenges. |
4.3.3 Competition from alternative protein sources affecting the demand for aquaculture products. |
5 India Aquaculture Feed Market Trends |
6 India Aquaculture Feed Market, By Types |
6.1 India Aquaculture Feed Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 India Aquaculture Feed Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 India Aquaculture Feed Market Revenues & Volume, By Fish, 2021- 2031F |
6.1.4 India Aquaculture Feed Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.1.5 India Aquaculture Feed Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.2 India Aquaculture Feed Market, By Ingredient |
6.2.1 Overview and Analysis |
6.2.2 India Aquaculture Feed Market Revenues & Volume, By Soybean, 2021- 2031F |
6.2.3 India Aquaculture Feed Market Revenues & Volume, By Corn, 2021- 2031F |
6.2.4 India Aquaculture Feed Market Revenues & Volume, By Fishmeal, 2021- 2031F |
6.2.5 India Aquaculture Feed Market Revenues & Volume, By Fish Oil, 2021- 2031F |
6.2.6 India Aquaculture Feed Market Revenues & Volume, By Additives, 2021- 2031F |
6.3 India Aquaculture Feed Market, By Lifecycle |
6.3.1 Overview and Analysis |
6.3.2 India Aquaculture Feed Market Revenues & Volume, By Starter Feed, 2021- 2031F |
6.3.3 India Aquaculture Feed Market Revenues & Volume, By Grower Feed, 2021- 2031F |
6.3.4 India Aquaculture Feed Market Revenues & Volume, By Finisher Feed, 2021- 2031F |
6.3.5 India Aquaculture Feed Market Revenues & Volume, By Brooder Feed, 2021- 2031F |
7 India Aquaculture Feed Market Import-Export Trade Statistics |
7.1 India Aquaculture Feed Market Export to Major Countries |
7.2 India Aquaculture Feed Market Imports from Major Countries |
8 India Aquaculture Feed Market Key Performance Indicators |
8.1 Feed conversion ratio (FCR) - a measure of how efficiently feed is converted into fish biomass, indicating the effectiveness of aquaculture feed. |
8.2 Average daily weight gain (ADG) of fish - reflects the growth performance of fish being fed with aquaculture feed. |
8.3 Nutrient retention efficiency - measures the ability of aquaculture feed to provide essential nutrients to fish, impacting their health and growth. |
9 India Aquaculture Feed Market - Opportunity Assessment |
9.1 India Aquaculture Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 India Aquaculture Feed Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.3 India Aquaculture Feed Market Opportunity Assessment, By Lifecycle, 2021 & 2031F |
10 India Aquaculture Feed Market - Competitive Landscape |
10.1 India Aquaculture Feed Market Revenue Share, By Companies, 2024 |
10.2 India Aquaculture Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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