India Aquaculture & Marine Products Market, By Rearing Product Type (Equipment, Chemicals, Pharmaceuticals, Fertilizers, Others), By Type (Fisheries, Seaweeds, Microalgae, Crustaceans, Molluscs, Others), By Production Type, By Culture, By Region, Forecast & Opportunities, 2026

India aquaculture & marine products market is expected to grow at a steady rate during the forecast period. The India aquaculture & marine products market is driven by the increasing consumption of fishes in the country. Additionally, benefits such as high yield & good produce, controlling reproduction cycles, preventing the aquatic life from diseases, genetic improvements in certain varieties, among others, are expected to fuel the market growth over the next few years. Furthermore, supportive government policies promoting aquaculture such as “Development of Inland Fisheries and Aquaculture” is expected to create lucrative opportunities for the market growth over the next few years. This policy creates a scope for the development of fisheries sector in order to meet the food demands of country’s ever increasing population and also provides employment opportunities.

The India aquaculture & marine products market is segmented based on rearing product type, type, production type, culture, company, and region. Based on rearing product type, the market can be fragmented into equipment, chemicals, pharmaceuticals, fertilizers and others. Among these, the equipment segment is expected to dominate the market owing to the increasing demand for marine products as they play a pivotal role in various production processes such as sea ranching, rack & line farming, among others. Based on type, the market can be categorized into fisheries, seaweeds, microalgae, crustaceans, molluscs and others. Here, the fisheries segment is expected to dominate the market owing to the growing demand for fishes in the country, which can be ascribed to the nutritional value and high protein content of fishes.

Major players operating in the India aquaculture & marine products market include Avanti Feeds Ltd., Apex Frozen Foods Ltd, Coastal Corporation Limited, Waterbase Ltd, Zeal Aqua Ltd., Uniroyal Marine Exports Limited, BKV Industries Ltd., Shantanu Sheorey Aqua Ltd., Smilax Industries Ltd, Softech Infinium Solutions Ltd and others. The companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

• Historical Years: 2016-2019
• Base Year: 2020
• Estimated Year: 2021
• Forecast Period: 2022-2026

Objective of the Study:

• To analyze and estimate the market size of India aquaculture & marine products market from 2016 to 2020.
• To estimate and forecast the market size of India aquaculture & marine products market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast India aquaculture & marine products market based on rearing product type, type, production type, culture, company, and regional distribution.
• To identify dominant region or segment in the India aquaculture & marine products market.
• To identify drivers and challenges for India aquaculture & marine products market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India aquaculture & marine products market.
• To identify and analyze the profile of leading players operating in India aquaculture & marine products market.
• To identify key sustainable strategies adopted by market players in India aquaculture & marine products market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the country.

The publisher calculated the market size of India aquaculture & marine products market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Aquaculture & marine products manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to aquaculture & marine products
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India aquaculture & marine products market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Aquaculture & Marine Products Market, By Rearing Product Type:

• Equipment
• Chemicals
• Pharmaceuticals
• Fertilizers
• Others

India Aquaculture & Marine Products Market, By Type:

• Fisheries
• Seaweeds
• Microalgae
• Crustaceans
• Molluscs
• Others

India Aquaculture & Marine Products Market, By Production Type:

• Small-Scale
• Medium & Large Scale

India Aquaculture & Marine Products Market, By Culture:

• Freshwater
• Brackish Water
• Marine

India Aquaculture & Marine Products Market, By Region:

• North
• South
• East
• West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India aquaculture & marine products market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.