Our report has categorized the market based on type, ingredient and additives.īased on type, the market has been segmented as starter grade, grower grade and finisher grade. IMARC Group provides an analysis of the key trends in each sub-segment of the Indian shrimp feed market, along with forecasts at the country and state level from 2021-2026. Moreover, the availability of improved product varieties and a shift towards the usage of commercially produced shrimp feed have further contributed towards the growth of this market This acts as another factor facilitating the demand for shrimp feed. The production and export of vannamei has overtaken native species of shrimps like black tiger which were farmed dominantly till 2003. In addition, the market is also influenced by the commercialisation of vannamei shrimp, supported by a sustained demand from both the developed and developing countries. One of the primary factors catalysing the growth of the Indian shrimp feed market is the massive marine wealth in India that sustains the development of the aquaculture industry.
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