| Product Code: ETC7536892 | 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 aquafeed enzymes import market in 2024 continued to see significant contributions from top exporting countries such as China, USA, Denmark, Germany, and Austria. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry maintained a strong Compound Annual Growth Rate (CAGR) of 7.06% from 2020 to 2024. Notably, the growth rate surged to 22.09% from 2023 to 2024, reflecting a promising trajectory for the aquafeed enzymes 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 Aquafeed Enzymes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aquafeed Enzymes Market Revenues & Volume, 2021 & 2031F |
3.3 India Aquafeed Enzymes Market - Industry Life Cycle |
3.4 India Aquafeed Enzymes Market - Porter's Five Forces |
3.5 India Aquafeed Enzymes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Aquafeed Enzymes Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 India Aquafeed Enzymes Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 India Aquafeed Enzymes Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 India Aquafeed Enzymes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aquaculture products driven by a growing population and changing dietary preferences. |
4.2.2 Rising adoption of aquafeed enzymes to enhance feed efficiency and improve aquatic animal health. |
4.2.3 Government initiatives promoting sustainable aquaculture practices and technology adoption. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs of aquafeed enzymes. |
4.3.2 Lack of awareness and technical expertise among aquaculture farmers about the benefits of using enzymes in aquafeed. |
4.3.3 Stringent regulations and quality standards governing the use of enzymes in aquafeed production. |
5 India Aquafeed Enzymes Market Trends |
6 India Aquafeed Enzymes Market, By Types |
6.1 India Aquafeed Enzymes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Aquafeed Enzymes Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Aquafeed Enzymes Market Revenues & Volume, By Phytase, 2021- 2031F |
6.1.4 India Aquafeed Enzymes Market Revenues & Volume, By Protease, 2021- 2031F |
6.1.5 India Aquafeed Enzymes Market Revenues & Volume, By Carbohydrase, 2021- 2031F |
6.1.6 India Aquafeed Enzymes Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Aquafeed Enzymes Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 India Aquafeed Enzymes Market Revenues & Volume, By Fish, 2021- 2031F |
6.2.3 India Aquafeed Enzymes Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.2.4 India Aquafeed Enzymes Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.3 India Aquafeed Enzymes Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 India Aquafeed Enzymes Market Revenues & Volume, By Liquid, 2021- 2031F |
6.3.3 India Aquafeed Enzymes Market Revenues & Volume, By Dry, 2021- 2031F |
6.4 India Aquafeed Enzymes Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 India Aquafeed Enzymes Market Revenues & Volume, By Microorganism, 2021- 2031F |
6.4.3 India Aquafeed Enzymes Market Revenues & Volume, By Plant, 2021- 2031F |
6.4.4 India Aquafeed Enzymes Market Revenues & Volume, By Animal, 2021- 2031F |
7 India Aquafeed Enzymes Market Import-Export Trade Statistics |
7.1 India Aquafeed Enzymes Market Export to Major Countries |
7.2 India Aquafeed Enzymes Market Imports from Major Countries |
8 India Aquafeed Enzymes Market Key Performance Indicators |
8.1 Average feed conversion ratio (FCR) in aquaculture farms using aquafeed enzymes. |
8.2 Percentage increase in aquaculture productivity attributed to the use of enzymes in aquafeed. |
8.3 Adoption rate of advanced aquafeed enzyme technologies among aquaculture farmers. |
9 India Aquafeed Enzymes Market - Opportunity Assessment |
9.1 India Aquafeed Enzymes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Aquafeed Enzymes Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 India Aquafeed Enzymes Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 India Aquafeed Enzymes Market Opportunity Assessment, By Source, 2021 & 2031F |
10 India Aquafeed Enzymes Market - Competitive Landscape |
10.1 India Aquafeed Enzymes Market Revenue Share, By Companies, 2024 |
10.2 India Aquafeed Enzymes 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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