India Aquaculture & Marine Products Market (2024-2030) Outlook | Analysis, Companies, Revenue, Forecast, Growth, Value, Industry, Share, Size & Trends

India Aquaculture Marine Products Market Synopsis

The market size of aquaculture marine products in India was valued at around USD 894.1 million and is projected to grow at a CAGR of 7.6% during the forecast period. This growth can be attributed to an increase in consumer preference towards fish-based proteins along with a rise in aquaculture production across various regions within India including Andhra Pradesh, Gujarat etc., which drives up demand for aquaculture marine products like fish meal & oil etc., Additionally government initiatives taken by the Government Of India such as National Fisheries Development Board and Blue Revolution Scheme aimed at promoting sustainable fisheries through technology & capacity building has also been influencing market development positively.

Market Drivers of the market

The India aquaculture marine products market is witnessing remarkable growth due to several drivers. Firstly, the rising demand for seafood both domestically and internationally is driving the expansion of the aquaculture sector in the country. India coastal geography offers favorable conditions for aquaculture activities, further fueling the market.Moreover, the increasing disposable income of consumers and their changing food preferences, with a growing focus on protein-rich diets, are leading to higher consumption of aquaculture marine products. Additionally, advancements in aquaculture technologies and sustainable practices are driving the production of high-quality marine products, supporting market growth.

Challenges of the Market

The India aquaculture marine products market has been experiencing steady growth due to the rising consumption of seafood and the expansion of aquaculture practices. However, the industry faces challenges related to environmental sustainability. Overfishing and improper waste management can lead to ecological imbalances and damage to marine ecosystems. Implementing sustainable aquaculture practices, such as responsible fish farming and eco-friendly feed options, is crucial to address these challenges.

Covid-19 Impact on the Market

The aquaculture marine products market in India involves the production and trade of various seafood products. India has a significant coastline and abundant water resources, making it a major player in the global seafood industry. The market includes a wide range of products such as shrimp, fish, crab, and other marine species. Both domestic consumption and international exports contribute to the growth of the market. However, environmental concerns, regulatory measures, and diseases affecting aquatic species can impact the sector`s performance.

Key Players of the Market

Key players in the India aquaculture marine products market consist of AquaMarine Exports Ltd., Seafood Delights India Pvt. Ltd., Ocean Harvesters India, Marine Aqua Products India, and AquaCulture Industries Pvt. Ltd.

Key Highlights of the Report:

• India Aquaculture & Marine Products Market Outlook
• Market Size of India Aquaculture & Marine Products Market, 2023
• Forecast of India Aquaculture & Marine Products Market, 2030
• Historical Data and Forecast of India Aquaculture & Marine Products Revenues & Volume for the Period 2020-2030
• India Aquaculture & Marine Products Market Trend Evolution
• India Aquaculture & Marine Products Market Drivers and Challenges
• India Aquaculture & Marine Products Price Trends
• India Aquaculture & Marine Products Porter's Five Forces
• India Aquaculture & Marine Products Industry Life Cycle
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Rearing Product Type for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Equipment for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Chemicals for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Pharmaceuticals for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Fertilizers for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Fisheries for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Seaweeds for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Microalgae for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Crustaceans for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Molluscs for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Production Type for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Small-Scale for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Medium & Large Scale for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Culture for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Freshwater for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Brackish Water for the Period 2020-2030
• Historical Data and Forecast of India Aquaculture & Marine Products Market Revenues & Volume By Marine for the Period 2020-2030
• India Aquaculture & Marine Products Import Export Trade Statistics
• Market Opportunity Assessment By Rearing Product Type
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Production Type
• Market Opportunity Assessment By Culture
• India Aquaculture & Marine Products Top Companies Market Share
• India Aquaculture & Marine Products Competitive Benchmarking By Technical and Operational Parameters
• India Aquaculture & Marine Products Company Profiles
• India Aquaculture & Marine Products Key Strategic Recommendations