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Company Spotlight | Published Date : 31-July-2026

Top 10 Shrimp Companies in India and Leading Seafood Exporters | 2026

According to Expert Market Research, the top 10 shrimp companies in India in 2026 are Nekkanti Sea Foods Limited, Devi Sea Foods Ltd, BMR Group, Jayalakshmi Sea Foods Pvt. Ltd., SSF Limited, Apex Frozen Foods Ltd., Megaa Moda Private Limited (MMPL), Zeal Aqua Limited, Coastal Corporation Limited, and BKV Industries Limited, among others.
Top 10 Shrimp Companies in India

India Shrimp Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2026-2035)

The India shrimp market reached a volume of 1.02 MMT in 2025 and is expected to grow at a CAGR of 9.60% from 2026 to 2035, reaching a volume of approximately 2.55 MMT by 2035. As per the analysis by Expert Market Research, the market is expected to be driven by rising demand for seafood due to its health benefits, expansion of value-added product lines, and diversification into new export destinations following the 2025 US tariff shock.

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India produces around one million metric tonnes of white leg shrimp annually, making it the second-largest producer in the world due to the easy availability of land and labour, and comparatively lower shrimp farming costs. The India shrimp market is anticipated to be heavily impacted by shifting consumer preferences towards seafood in diverse cuisines, due to its abundance of essential proteins, vitamins, and minerals. In FY 2024-25, India's total shrimp exports reached approximately USD 4.88 billion, accounting for nearly 66% of total seafood exports, with the US, EU, China, and Japan being the top destinations.

The market for shrimp in India is also being fuelled by the growing demand for regional and international cuisines and escalating demand for ready-to-eat (RTE) food. According to industry reports, by 2030, the production of RTE/RTC foods in India is expected to reach around INR 9,600 Cr. or 4.6 Lac MT. Young people are the main drivers of the RTE/RTC food sector in India; the millennial generation makes up about 34% of the country's population, suggesting a large potential for the market.

Shrimp is a low-glycaemic index (GI) food and a good source of vitamins and minerals. As a result, it enhances the prevention of coronary heart disease with diabetes. According to industry reports, around 11% of India's population is diabetic. Exporters are also pivoting toward value-added formats (breaded, peeled, ready-to-cook) and premium certifications (BAP, ASC) to protect margins as commodity shrimp continues to face global price and policy pressure.

Latest Updates on Top Shrimp Exporters in India 2026

In July 2026, the India–UK Free Trade Agreement entered into force, allowing 99% of Indian goods entering the UK to receive duty-free or reduced-tariff access and improving export opportunities for Indian seafood suppliers.

In June 2026, the European Union authorised India to continue exporting aquaculture products beyond September 2026, protecting market access for Indian shrimp exporters under the EU’s revised food-safety and antimicrobial-resistance regulations.

In June 2026, India’s seafood exports reached a record USD 8.46 billion in FY 2025–26, with frozen shrimp generating USD 5.62 billion and accounting for 66.52% of total marine export earnings.

In January 2026, India and the European Union concluded negotiations on their Free Trade Agreement, providing market access for over 99% of Indian exports by trade value and creating wider long-term opportunities for labour-intensive industries, including seafood exporters.

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Top 10 Shrimp Companies in India | Leading Seafood Exporters

1. Nekkanti Sea Foods Limited

Headquarters: Andhra Pradesh, India
Establishment: 1983
Website: http://nekkantiseafoods.com/
Leadership: Ravi Kumar Nekkanti (Chairman & Founder)
Revenue (FY 2024-25): USD 300 million (INR 2,500 Cr, estimated annual)
Key Products & Markets: Shell-on, raw peeled, cooked and value-added Vannamei & Black Tiger shrimp; 100 million lbs sold annually; key markets USA, EU, Japan

Nekkanti Sea Foods has established its position as one of the largest fully integrated shrimp players in India, with over four decades of experience across hatchery, farming, processing, and global distribution. The company is the exclusive provider of Indian shrimp to some of the top merchants and seafood enterprises in the USA, with a customer base spanning more than 100 clients worldwide. Its product range includes different varieties of shell-on, raw peeled, cooked, and value-added processed shrimps. Nekkanti is certified by Best Aquaculture Practices (BAP) and the Aquaculture Stewardship Council (ASC), underscoring its commitment to sustainable aquaculture. As of July 2026, Nekkanti Sea Foods highlighted its recent investment in a dedicated breading plant to expand high-value-added shrimp production, supporting product innovation and strengthening its position across premium processed-seafood markets and international retail channels.

2. Devi Sea Foods Ltd

Headquarters: Andhra Pradesh, India
Establishment: 1992
Website: https://www.deviseafoods.com/
Leadership: Brahmanandam Potru (Chairman & Managing Director)
Revenue (FY 2024-25): INR 3,310 Cr (FY 2023-24)
Key Products & Markets: Raw, cooked and value-added Vannamei & Black Tiger shrimp; DEVEE brand shrimp feed; US distribution via Devi Seafoods Inc.

Devi Sea Foods is one of India's largest shrimp exporters, serving well-known food service and retail clients globally. Founded in 1992 by first-generation entrepreneur Brahmanandam Potru, the company has built a vertically integrated supply chain spanning shrimp processing, farming, hatcheries, feed mills, and a wholly-owned US marketing and distribution subsidiary, Devi Seafoods Inc. The business is structured around three core verticals: shrimp processing and export (its primary revenue driver); shrimp feed manufacturing under the DEVEE Vannamei feed brand; and direct US distribution. As of FY 2023-24, Devi Sea Foods reported revenue of approximately INR 3,310 Cr and employed around 3,500 staff across its operations. The company is a member of the Seafood Task Force and holds BAP and ASC certifications, reflecting its strong focus on sustainable and ethical seafood sourcing. As of July 2026, Devi Sea Foods reported eight operational shrimp-feed production lines across two manufacturing locations, up from two lines in 2016, strengthening its integrated supply chain across feed, farms, hatcheries, processing and U.S. distribution.

3. BMR Group

Headquarters: Tamilnadu, India
Establishment: 1991
Website: https://www.bmrgroups.com/
Leadership: Dr. Beeda Masthan Rao (Founding Chairman & MD 'Father of Vannamei Farming in India')
Revenue (FY 2024-25): Privately held (not publicly disclosed)
Key Products & Markets: Raw, processed & cooked shrimp; shrimp feed; hatchery seeds; India's first Broodstock Multiplication Center (2019) 

The BMR Group of Industries is a vertically integrated seafood conglomerate that offers shrimp farmers complete solutions with a high level of transparency. Its founding chairman, Dr. Beeda Masthan Rao, is widely regarded as the "Father of Vannamei Farming in India" for pioneering the commercial culture of Litopenaeus vannamei (Pacific white-legged shrimp) in India in 2004. Starting with seed culture in his hometown Iskapalli in 1991, BMR has expanded over three decades into a conglomerate of multiple hatcheries, shrimp processing facilities, feed manufacturing units, and international exports. In July 2026, BMR Group introduced BMR PS PRO, a natural aquaculture probiotic designed to improve pond soil and water quality, reduce ammonia, nitrite and Vibrio loads, control algae and sludge buildup, and support healthier shrimp growth and farm productivity.

4. Jayalakshmi Sea Foods Pvt. Ltd.

Headquarters: Andhra Pradesh, India
Establishment: 1995
Website: https://jlsf.in/
Leadership: Mahinath J. (Director)
Revenue (FY 2024-25): Privately held (not publicly disclosed)
Key Products & Markets: Ready-to-eat Vannamei (white tiger) & Black Tiger shrimp; processing capacity 8,000 MTPA; exports to US, EU, UK

Jayalakshmi Sea Foods (JLSF) is a premium exporter of finest-quality, ready-to-eat shrimp from India. Founded in 1995 as a family-owned firm, the company has earned recognition and certifications from global food health and safety organisations including BAP, BRC, FSSC 22000, FSSAI, USFDA HACCP, and EIA approval thanks to rigorous raw-material procurement and processing practices. Its processing facilities, with a capacity of 8,000 MTPA, are strategically located in Bhimavaram, Andhra Pradesh - India's aquaculture heartland. JLSF's product focus spans Black Tiger Prawns and White Tiger (Vannamei) prawns, with strong positioning in Western markets and an emphasis on sustainable sourcing partnerships. As of July 2026, Jayalakshmi Sea Foods reported processing capacity of 15,000 MTPA across its Bhimavaram and Movva facilities, supported by EIA approvals and BAP, BRC, FSSC 22000, FSSAI and USFDA HACCP certifications for export-oriented shrimp production.

5. SSF Limited

Headquarters: Andhra Pradesh, India
Establishment: 1968
Website: https://www.ssflimited.com/
Leadership: Board-led management (legacy 1968 establishment)
Revenue (FY 2024-25): Privately held (not publicly disclosed)
Key Products & Markets: Black Tiger & Vannamei aqua-cultured shrimp; sea-caught Tiger, White, Flower, Bamboo, Karikadi & Poovalan shrimp; markets: Middle East, SE Asia, Japan, US, EU

SSF Limited is one of India's longest-established marine product exporters, with a legacy going back to 1968. The company exports large volumes of marine food to key global markets including the Middle East, South Korea, Malaysia, Singapore, Japan, USA, Thailand, China, Vietnam, and major EU destinations. Its product range spans aqua-cultured shrimp (Black Tiger and Vannamei) as well as sea-caught varieties Tiger, White, Flower, Bamboo, Karikadi, and Poovalan giving it one of the broadest shrimp portfolios among Indian exporters. Its long operational history and diversified market access provide some insulation against single-market tariff shocks. In April 2026, the Metropolitan Stock Exchange continued to list SSF Limited as active under the symbol SSF within the food producers category, providing current primary-market confirmation of the company’s continuing listed status in India.

6. Apex Frozen Foods Ltd.

Headquarters: Andhra Pradesh, India
Establishment: 1995
Website: https://apexfrozenfoods.in/
Leadership: Karuturi Satyanarayana Murthy (Chairman & Managing Director)
Revenue (FY 2024-25): INR 766 Cr (FY 2024-25; listed on BSE/NSE as 'APEX')
Key Products & Markets: Processed & ready-to-cook Vannamei shrimp; integrated hatchery, farming & processing; markets: US, UK, EU, China

Apex Frozen Foods is a leading integrated producer and exporter of high-quality, shelf-stable aquaculture products, listed on the BSE and NSE under the ticker 'APEX'. The company provides ready-to-cook products to a wide range of clients, including distributors, food companies, retail chains, restaurants, and club stores across the United States, the United Kingdom, and other European markets. Apex majorly processes and exports variants of processed Vannamei shrimp (white shrimp). In FY 2024-25, the company reported consolidated revenue of approximately INR 766 Cr. Following the US tariff shock of August 2025, Apex accelerated its geographic diversification EU sales (excluding UK) grew 18% year-on-year and 21% quarter-on-quarter in Q2 FY26, with non-US business now making up 56% of total revenue. In January-February 2026, the company's stock rallied sharply on the back of the India-EU FTA announcement, touching a 52-week high and reflecting investor confidence in Apex's diversification strategy. Apex Frozen Foods filed its Q4 FY26 investor presentation and earnings-call transcript following its May board meeting on audited annual results and dividend consideration, providing investors with an updated view of performance and export-market priorities.

7. Megaa Moda Private Limited (MMPL)

Headquarters: West Bengal, India
Establishment: 2009
Website: https://www.megaa.in/
Leadership: Board-led management (privately held)
Revenue (FY 2024-25): Privately held (not publicly disclosed)
Key Products & Markets: Vannamei, Black Tiger, Freshwater Scampi, Pink, White & sea-caught shrimp; forms: HOSO, HLSO, EZPL, PDTO, PD, PUD, Butterfly, IQF, Block, Blanch

Megaa Moda is a significant, finest-quality shrimp producer and exporter in India, headquartered in Kolkata. The company has long-term partnerships with customers across the globe, including Japan, Vietnam, Thailand, Malaysia, Singapore, Hong Kong, China, Korea, the Netherlands, France, Belgium, and the United States. Its range of shrimp products includes Vannamei, Black Tiger shrimp, Freshwater Scampi, Pink shrimp, White shrimp, and sea-caught shrimp, available in various forms such as HOSO, HLSO, EZPL, PDTO, PD, PUD, and Butterfly, as well as RAW FROZEN in IQF and Block form, and BLANCH in IQF form. The company's diversified Asian and European buyer base has been an advantage amid the 2025 US tariff disruption. As of July 2026, Megaa Moda’s official website highlighted a new convenience-seafood line alongside its export shrimp portfolio, supporting expansion into ready-to-cook products for India’s domestic market while retaining its global processing and export focus.

8. Zeal Aqua Limited

Headquarters: Gujarat, India
Establishment: 2009
Website: https://www.zealaqua.com/
Leadership: Rohan Pradipkumar Navik (Whole-Time Director); Dhavalkumar Shantilal Patel (Whole-Time Director)
Revenue (FY 2024-25): USD 60 million (INR 500 Cr, TTM as of March 2025; listed on BSE as 'ZEALAQUA')
Key Products & Markets: Vannamei & Black Tiger shrimp; shrimp feed & medicines; Bio-Security, Auto Feeder & Aeration Systems; production capacity 1,500 tonnes

Zeal Aqua is a BSE-listed premier aquaculture company (ticker 'ZEALAQUA') engaged in shrimp farming, processing, trading, hatchery operations, and shrimp feed & medicines. The company offers premium-quality shrimp with a production capacity of approximately 1,500 tonnes, employing state-of-the-art technology such as Bio-Security systems, Auto Feeders, and Aeration Systems to produce best-quality shrimp with sustainable practices. Zeal Aqua's operations are organised into three segments shrimp medicines and feeds, shrimp farming, and shrimp processing. As of the twelve months ended March 2025, Zeal Aqua's trailing revenue stood at approximately USD 60 million (INR 500 Cr). In May 2026, Zeal Aqua approved audited FY 2025-26 results, reporting INR 667.51 crore in revenue from operations and INR 685.96 crore in total income, reflecting the scale of its shrimp farming, feed, seed and aquaculture-medicine activities.

9. Coastal Corporation Limited

Headquarters: Andhra Pradesh, India
Establishment: 1981
Website: https://coastalcorp.co.in/
Leadership: T. Valsaraj (Chairman & Managing Director)
Revenue (FY 2024-25): INR 803 Cr (FY 2024-25; listed on BSE as 'COASTCORP')
Key Products & Markets: Cooked shrimp, butterfly shrimp, raw & value-added frozen shrimp; markets: US, EU, Canada, UAE, Saudi Arabia, Australia, Hong Kong, Korea, China, Russia

Coastal Corporation Limited (India) is a BSE-listed seafood producer (ticker 'COASTCORP') led by Chairman & MD T. Valsaraj, engaged in the processing, production, and distribution of seafood globally. The company is HACCP, BRC, and BAP-certified and exports an extensive range of shrimp products to the US, Europe, Canada, the UAE, Saudi Arabia, Australia, Hong Kong, Korea, China, and Russia. Its offerings include cooked shrimp, butterfly shrimp, and a wide range of raw and value-added frozen shrimp (both IQF and block forms). As of FY 2024-25, Coastal Corporation reported revenue of approximately INR 803 Cr. Following the EU's approval of additional Indian marine units in September 2025 and the India-EU FTA announcement in February 2026, the company stands to benefit significantly from expanded European market access. In June 2026, Coastal Corporation released a new investor presentation after publishing its March 2026 audited results, giving shareholders and institutional investors an updated view of the company’s financial performance, seafood-export operations and strategic priorities.

10. BKV Industries Limited

Headquarters: Andhra Pradesh, India
Establishment: 1993
Website: https://www.bkvindustries.in/
Leadership: Board-led management (listed on NSE SME platform)
Revenue (FY 2024-25): Privately traded on NSE SME (smaller-cap listing)
Key Products & Markets: Processed/headless shrimp; farming-to-export integrated operations; key markets: US, EU, SE Asia

BKV Industries Ltd. is engaged in shrimp production in India and international exports, with a legacy dating back to 1993. The company is listed on the NSE SME platform, making it one of the few small-cap shrimp exporters accessible to public investors. Its product portfolio includes processed and headless shrimp, primarily for international markets. BKV operates a farming-to-export integrated model and continues to invest in processing capacity upgrades to align with stricter global food safety standards, particularly for EU and US buyers. In May 2026, BKV Industries approved audited standalone results for FY 2025-26, reporting a full-year net loss of INR 8.53 lakh and receiving an unmodified audit opinion, while confirming no default on loans or debt securities.

About The Author

Neha Gawande

Neha is an experienced market intelligence professional with more than 5 years of expertise in conducting research across various industries, such as food and beverage, automotive, construction, and agriculture, among others. She specializes in primary research with industry experts, secondary research, and report writing. Neha has a strong expertise in supply chain analysis and competitive analysis, including Porter's Five Forces model and market share analysis.

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