India Aquaculture Market (2025-2031) Outlook | Analysis, Revenue, Size, Share, Trends, Forecast, Companies, Value, Industry & Growth

Market Forecast By Environment (Marine Water, Fresh Water, Brackish Water), By Fish Type (Carps, Mollusks, Crustaceans, Mackerel, Sea bream, Others) And Competitive Landscape
Product Code: ETC385464 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Aquaculture Market Synopsis

The aquaculture market in India is estimated to reach a value of US$ 8.8 billion by 2025, growing at an impressive compound annual growth rate (CAGR) of 9.8% during the forecast period (2025?2025). The major factors driving the growth of the industry include increasing demand for fish and seafood due to their nutritional benefits, increasing awareness about health-related benefits of consuming fish, development of fisheries infrastructure, government initiatives for encouraging fisheries production and exports. In addition, rising consumer preference for processed and packaged products are also contributing towards market expansion.

Market Drivers of the market

India aquaculture market has experienced significant growth due to several driving forces. Rising consumer preference for seafood, which is considered a healthy protein source, has increased demand. Technological advancements in aquaculture practices, including improved feed formulations, disease management, and better breeding techniques, have enhanced productivity and profitability. Government support through schemes and subsidies for fish farming has encouraged more farmers to enter the aquaculture sector, leading to its expansion.

Challenges of the Market

The India Aquaculture market is growing rapidly to meet the increasing demand for seafood, but it faces various challenges. Water pollution and environmental degradation threaten the sustainability of aquaculture operations. Disease outbreaks among farmed fish can result in significant economic losses for farmers. Inadequate infrastructure and limited access to quality feeds and technology affect productivity and competitiveness. Moreover, the lack of proper regulations and enforcement in some regions may lead to unsustainable practices and overexploitation of resources. Ensuring responsible aquaculture practices and addressing environmental concerns are crucial for the long-term growth of this sector.

Covid-19 Impact on the Market

The aquaculture market in India has experienced significant growth in recent years, with the country becoming one of the leading producers of fish and seafood globally. Aquaculture provides an essential source of income and nutrition for many coastal communities. However, the COVID-19 pandemic had a substantial impact on the sector. The lockdowns and transportation restrictions disrupted the supply chain, affecting the availability of fish feed and other essential inputs. Additionally, the closure of restaurants and export markets led to reduced demand and financial losses for farmers. Despite the challenges, the government`s support and the resilience of the aquaculture community are expected to drive the market`s recovery and future growth.

Key Players of the Market

The India Aquaculture market consists of various players engaged in fish and shrimp farming. Leading companies such as Avanti Feeds, Waterbase Ltd., and CP Group have contributed significantly to the development of sustainable aquaculture practices. Their expertise in feed production, hatcheries, and processing has propelled the industry forward.

Key Highlights of the Report:

  • India Aquaculture Market Outlook
  • Market Size of India Aquaculture Market, 2024
  • Forecast of India Aquaculture Market, 2031
  • Historical Data and Forecast of India Aquaculture Revenues & Volume for the Period 2021-2031
  • India Aquaculture Market Trend Evolution
  • India Aquaculture Market Drivers and Challenges
  • India Aquaculture Price Trends
  • India Aquaculture Porter's Five Forces
  • India Aquaculture Industry Life Cycle
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Environment for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Marine Water for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Fresh Water for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Brackish Water for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Fish Type for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Carps for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Mollusks for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Crustaceans for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Mackerel for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Sea bream for the Period 2021-2031
  • Historical Data and Forecast of India Aquaculture Market Revenues & Volume By Others for the Period 2021-2031
  • India Aquaculture Import Export Trade Statistics
  • Market Opportunity Assessment By Environment
  • Market Opportunity Assessment By Fish Type
  • India Aquaculture Top Companies Market Share
  • India Aquaculture Competitive Benchmarking By Technical and Operational Parameters
  • India Aquaculture Company Profiles
  • India Aquaculture Key Strategic Recommendations

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