| Product Code: ETC7542285 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India continued to rely on shrimp feed imports, with top suppliers being Vietnam, Thailand, Malaysia, USA, and Belgium. High Herfindahl-Hirschman Index (HHI) indicates market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was -24.63%, reflecting a decline in demand. The negative growth rate of -5.18% from 2023 to 2024 suggests ongoing challenges in the shrimp feed import market in India. Monitoring these trends can help stakeholders make informed decisions amidst changing market dynamics.

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 Shrimp Feed Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Shrimp Feed Market Revenues & Volume, 2021 & 2031F |
3.3 India Shrimp Feed Market - Industry Life Cycle |
3.4 India Shrimp Feed Market - Porter's Five Forces |
3.5 India Shrimp Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Shrimp Feed Market Revenues & Volume Share, By Ingredients, 2021 & 2031F |
3.7 India Shrimp Feed Market Revenues & Volume Share, By Additives, 2021 & 2031F |
4 India Shrimp Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for seafood products in India |
4.2.2 Growth in aquaculture industry in India |
4.2.3 Technological advancements in shrimp feed production |
4.2.4 Favorable government regulations supporting aquaculture sector |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Environmental concerns related to shrimp farming |
4.3.3 Competition from alternative protein sources |
4.3.4 Lack of awareness about sustainable shrimp feed practices |
5 India Shrimp Feed Market Trends |
6 India Shrimp Feed Market, By Types |
6.1 India Shrimp Feed Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Shrimp Feed Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Shrimp Feed Market Revenues & Volume, By Grower, 2021- 2031F |
6.1.4 India Shrimp Feed Market Revenues & Volume, By Finisher, 2021- 2031F |
6.1.5 India Shrimp Feed Market Revenues & Volume, By Starter, 2021- 2031F |
6.2 India Shrimp Feed Market, By Ingredients |
6.2.1 Overview and Analysis |
6.2.2 India Shrimp Feed Market Revenues & Volume, By Soybean Meal, 2021- 2031F |
6.2.3 India Shrimp Feed Market Revenues & Volume, By Fish Meal, 2021- 2031F |
6.2.4 India Shrimp Feed Market Revenues & Volume, By Wheat Flour, 2021- 2031F |
6.2.5 India Shrimp Feed Market Revenues & Volume, By Fish Oil, 2021- 2031F |
6.3 India Shrimp Feed Market, By Additives |
6.3.1 Overview and Analysis |
6.3.2 India Shrimp Feed Market Revenues & Volume, By Vitamin and Protein, 2021- 2031F |
6.3.3 India Shrimp Feed Market Revenues & Volume, By Fatty Acid, 2021- 2031F |
6.3.4 India Shrimp Feed Market Revenues & Volume, By Antioxidant, 2021- 2031F |
6.3.5 India Shrimp Feed Market Revenues & Volume, By Feed Enzyme, 2021- 2031F |
6.3.6 India Shrimp Feed Market Revenues & Volume, By Antibiotics, 2021- 2031F |
7 India Shrimp Feed Market Import-Export Trade Statistics |
7.1 India Shrimp Feed Market Export to Major Countries |
7.2 India Shrimp Feed Market Imports from Major Countries |
8 India Shrimp Feed Market Key Performance Indicators |
8.1 Average feed conversion ratio (FCR) for shrimp farms |
8.2 Adoption rate of technology-driven feed formulations |
8.3 Percentage of shrimp farms implementing sustainable feed practices |
8.4 Research and development investment in shrimp feed innovation |
8.5 Number of government initiatives supporting the aquaculture sector |
9 India Shrimp Feed Market - Opportunity Assessment |
9.1 India Shrimp Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Shrimp Feed Market Opportunity Assessment, By Ingredients, 2021 & 2031F |
9.3 India Shrimp Feed Market Opportunity Assessment, By Additives, 2021 & 2031F |
10 India Shrimp Feed Market - Competitive Landscape |
10.1 India Shrimp Feed Market Revenue Share, By Companies, 2024 |
10.2 India Shrimp 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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