| Product Code: ETC7551105 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s plant-based fish feed import market in 2024 saw major contributions from top exporting countries including Thailand, Germany, Singapore, Vietnam, and the USA. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI) in the market, the compound annual growth rate (CAGR) from 2020 to 2024 was negative at -4.1%. Furthermore, the growth rate from 2023 to 2024 declined significantly by -8.77%, indicating a challenging year for the industry. The market dynamics point towards the need for strategic adjustments and innovative approaches to address the declining growth trend.

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 Plant-Based Fish Feed Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Plant-Based Fish Feed Market Revenues & Volume, 2021 & 2031F |
3.3 India Plant-Based Fish Feed Market - Industry Life Cycle |
3.4 India Plant-Based Fish Feed Market - Porter's Five Forces |
3.5 India Plant-Based Fish Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Plant-Based Fish Feed Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Plant-Based Fish Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about sustainability and environmental concerns driving demand for plant-based fish feed. |
4.2.2 Government regulations promoting the adoption of sustainable aquaculture practices. |
4.2.3 Growth in the aquaculture industry in India boosting the demand for plant-based fish feed. |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for plant-based fish feed production. |
4.3.2 High production costs compared to conventional fish feed. |
4.3.3 Lack of awareness among fish farmers about the benefits of plant-based fish feed. |
5 India Plant-Based Fish Feed Market Trends |
6 India Plant-Based Fish Feed Market, By Types |
6.1 India Plant-Based Fish Feed Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Plant-Based Fish Feed Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Plant-Based Fish Feed Market Revenues & Volume, By Organic Feed, 2021- 2031F |
6.1.4 India Plant-Based Fish Feed Market Revenues & Volume, By Conventional Feed, 2021- 2031F |
6.2 India Plant-Based Fish Feed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Plant-Based Fish Feed Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 India Plant-Based Fish Feed Market Revenues & Volume, By Household, 2021- 2031F |
7 India Plant-Based Fish Feed Market Import-Export Trade Statistics |
7.1 India Plant-Based Fish Feed Market Export to Major Countries |
7.2 India Plant-Based Fish Feed Market Imports from Major Countries |
8 India Plant-Based Fish Feed Market Key Performance Indicators |
8.1 Percentage of aquaculture farms using plant-based fish feed. |
8.2 Adoption rate of sustainable aquaculture practices in India. |
8.3 Research and development investment in plant-based fish feed technology. |
9 India Plant-Based Fish Feed Market - Opportunity Assessment |
9.1 India Plant-Based Fish Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Plant-Based Fish Feed Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Plant-Based Fish Feed Market - Competitive Landscape |
10.1 India Plant-Based Fish Feed Market Revenue Share, By Companies, 2024 |
10.2 India Plant-Based Fish 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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