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

Market Forecast By Species (Gulf Shrimps, Farmed Whiteleg Shrimps, Banded Coral Shrimps, Royal Red Shrimp, Giant Tiger Shrimps, Blue Shrimps, Ocean Shrimps), By Source (Organic, Conventional), By Form (Canned,  Breaded, Peeled, Cooked & Peeled, Shell-On, Frozen), By Sales Channel (Direct, Indirect), By Application (Food, Pharmaceutical, Cosmetics, Industrial, Biotechnology) And Competitive Landscape
Product Code: ETC094303 Publication Date: Jul 2023 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Shrimp Market Size Growth Rate


The India Shrimp Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 7.48% in 2025, growth builds up to 10.84% by 2029.

India Shrimp Market Growth Rate

India Shrimp Market Synopsis

The India Shrimp Market is expected to grow at a steady rate over the next five years. This growth is attributed to increasing demand for seafood, particularly from foreign markets, and the country???s strong aquaculture industry. The government has taken several steps in recent years to promote and regulate the sector, including providing subsidies for farmers and encouraging private investments in processing facilities. Furthermore, with increased awareness of health benefits associated with eating seafood, consumption is likely to rise further. Moreover, India competitive labor costs and abundant fish resources make it an attractive destination for global investors looking to capitalize on the growing opportunities present in this segment.

Market Drivers

Indiashrimp market is driven by rising investments in aquaculture projects, increasing demand from the export markets, and government initiatives to promote the industry. With a favorable climate for aquaculture development, India has emerged as a major producer of farmed shrimps in recent years. Growing disposable incomes and changing food habits are some of the factors driving domestic consumption of shrimp products. Additionally, technological advancements have enabled efficient hatchery management, improved feed quality control systems and better disease management practices resulting in increased production of farm raised shrimp. Further government subsidies on inputs such as feed and other related items are promoting growth within this sector.

Challenges of the Market

A major challenge faced by India Shrimp Market is illegal fishing which depletes its resources leading to higher prices for consumers due to shortage of raw material required for processing these products and resulting in lower overall profits / revenues from sales & exports. This constraint can be addressed through stringent government regulations/policies coupled with effective implementation & monitoring mechanism. Another key challenge facing this market is climate change which affects both water temperature & salinity levels impacting sustainability of related species including prawns/shrimps adversely. This could lead towards emergence or spread of certain diseases among them leading towards reduction in yields significantly , thereby hindering its long term prospects.

Key Players in the Market

Some prominent players operating within India Shrimp Market include Surya Exim (India), Seapride Foods Pvt Ltd., CPF India Ltd., Mahua Aqua Private Limited, Aqualogy Farms Pvt Ltd., Kuanbao Aquatic Products Co Ltd., Triton Group (India), Chennai Fisheries Private Limited amongst others

Key Highlights of the Report:

  • India Shrimp Market Outlook
  • Market Size of India Shrimp Market, 2024
  • Forecast of India Shrimp Market, 2031
  • Historical Data and Forecast of India Shrimp Revenues & Volume for the Period 2021-2031
  • India Shrimp Market Trend Evolution
  • India Shrimp Market Drivers and Challenges
  • India Shrimp Price Trends
  • India Shrimp Porter's Five Forces
  • India Shrimp Industry Life Cycle
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Species for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Gulf Shrimps for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Farmed Whiteleg Shrimps for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Banded Coral Shrimps for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Royal Red Shrimp for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Giant Tiger Shrimps for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Blue Shrimps for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Ocean Shrimps for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Organic for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Conventional for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Canned for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By  Breaded for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Peeled for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Cooked & Peeled for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Shell-On for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Frozen for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Direct for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Indirect for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Food for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Cosmetics for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of India Shrimp Market Revenues & Volume By Biotechnology for the Period 2021-2031
  • India Shrimp Import Export Trade Statistics
  • Market Opportunity Assessment By Species
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Sales Channel
  • Market Opportunity Assessment By Application
  • India Shrimp Top Companies Market Share
  • India Shrimp Competitive Benchmarking By Technical and Operational Parameters
  • India Shrimp Company Profiles
  • India Shrimp Key Strategic Recommendations

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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 Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Shrimp Market Revenues & Volume, 2021 & 2031F

3.3 India Shrimp Market - Industry Life Cycle

3.4 India Shrimp Market - Porter's Five Forces

3.5 India Shrimp Market Revenues & Volume Share, By Species, 2021 & 2031F

3.6 India Shrimp Market Revenues & Volume Share, By Source, 2021 & 2031F

3.7 India Shrimp Market Revenues & Volume Share, By Form, 2021 & 2031F

3.8 India Shrimp Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

3.9 India Shrimp Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Shrimp Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Shrimp Market Trends

6 India Shrimp Market, By Types

6.1 India Shrimp Market, By Species

6.1.1 Overview and Analysis

6.1.2 India Shrimp Market Revenues & Volume, By Species, 2018 - 2031F

6.1.3 India Shrimp Market Revenues & Volume, By Gulf Shrimps, 2018 - 2031F

6.1.4 India Shrimp Market Revenues & Volume, By Farmed Whiteleg Shrimps, 2018 - 2031F

6.1.5 India Shrimp Market Revenues & Volume, By Banded Coral Shrimps, 2018 - 2031F

6.1.6 India Shrimp Market Revenues & Volume, By Royal Red Shrimp, 2018 - 2031F

6.1.7 India Shrimp Market Revenues & Volume, By Giant Tiger Shrimps, 2018 - 2031F

6.1.8 India Shrimp Market Revenues & Volume, By Blue Shrimps, 2018 - 2031F

6.2 India Shrimp Market, By Source

6.2.1 Overview and Analysis

6.2.2 India Shrimp Market Revenues & Volume, By Organic, 2018 - 2031F

6.2.3 India Shrimp Market Revenues & Volume, By Conventional, 2018 - 2031F

6.3 India Shrimp Market, By Form

6.3.1 Overview and Analysis

6.3.2 India Shrimp Market Revenues & Volume, By Canned, 2018 - 2031F

6.3.3 India Shrimp Market Revenues & Volume, By  Breaded, 2018 - 2031F

6.3.4 India Shrimp Market Revenues & Volume, By Peeled, 2018 - 2031F

6.3.5 India Shrimp Market Revenues & Volume, By Cooked & Peeled, 2018 - 2031F

6.3.6 India Shrimp Market Revenues & Volume, By Shell-On, 2018 - 2031F

6.3.7 India Shrimp Market Revenues & Volume, By Frozen, 2018 - 2031F

6.4 India Shrimp Market, By Sales Channel

6.4.1 Overview and Analysis

6.4.2 India Shrimp Market Revenues & Volume, By Direct, 2018 - 2031F

6.4.3 India Shrimp Market Revenues & Volume, By Indirect, 2018 - 2031F

6.5 India Shrimp Market, By Application

6.5.1 Overview and Analysis

6.5.2 India Shrimp Market Revenues & Volume, By Food, 2018 - 2031F

6.5.3 India Shrimp Market Revenues & Volume, By Pharmaceutical, 2018 - 2031F

6.5.4 India Shrimp Market Revenues & Volume, By Cosmetics, 2018 - 2031F

6.5.5 India Shrimp Market Revenues & Volume, By Industrial, 2018 - 2031F

6.5.6 India Shrimp Market Revenues & Volume, By Biotechnology, 2018 - 2031F

7 India Shrimp Market Import-Export Trade Statistics

7.1 India Shrimp Market Export to Major Countries

7.2 India Shrimp Market Imports from Major Countries

8 India Shrimp Market Key Performance Indicators

9 India Shrimp Market - Opportunity Assessment

9.1 India Shrimp Market Opportunity Assessment, By Species, 2021 & 2031F

9.2 India Shrimp Market Opportunity Assessment, By Source, 2021 & 2031F

9.3 India Shrimp Market Opportunity Assessment, By Form, 2021 & 2031F

9.4 India Shrimp Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

9.5 India Shrimp Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Shrimp Market - Competitive Landscape

10.1 India Shrimp Market Revenue Share, By Companies, 2024

10.2 India Shrimp Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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