Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
India Shrimp Market: By Species: Penaeus Vannamei, Penaeus Monodon, Others; By Shrimp Size; Regional Analysis; Historical Market and Forecast (2016-2026); Feed Market Analysis; Market Dynamics; Trade Data Analysis; Shrimp Processing; Project Details and Cost Analysis; Competitive Landscape; Industry Events and Developments
India Shrimp Market Outlook
The India shrimp market attained a volume of 0.71 million tons in 2020. The market is further expected to grow at a CAGR of 9.5% to reach a volume of approximately 1.23 million tons by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
In India, fisheries is a significant economic sector and offers vast opportunities for development. This is attributed to the diverse resources and potential of the country. Andhra Pradesh is the leading shrimp producer, accounting for more than 50% of the total output.
The Indian Government is promoting sustainable shrimp farming practices to produce high-quality 'sustainable' shrimp in order to minimise the environmental effects of shrimp aquaculture. Moreover, the Seafood Exporters Association of India (SEAI) and the Marine Products Export Development Authority (MPEDA) are supporting the export of shrimp, especially for ready-to-eat and ready-to-cook products.
Properties and Applications
Shrimp are invertebrate marine animal having an elongated body that is often used as a food product. This is considered a nutritious since it includes proteins, selenium, vitamins, phosphorous, magnesium, copper, iron, and vitamin B12. Many of the health benefits associated with shrimp consumption are weight loss, age management, better bone strength, reduced menstrual pain, and the prevention of cardiovascular diseases.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on species, the India shrimp market has been segmented into:
- Penaeus Vannamei
- Penaeus Monodon
- Others
On the basis of the size, the India shrimp market can be divided into:
- Size 31-40
- Size 41-50
- Size 51-60
- Size 61-70
- Size >70
- Others
The regional markets for shrimp in India include Andhra Pradesh, West Bengal, and Gujarat, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
Easy availability of shrimp and its high nutritional content are the main growth-inducing factors. They are an essential part of the different cuisines being one of the most traded species of seafood. With the growing demand for disease-free and stable shrimp, India has become one of the largest exporters of shrimp to the United States and the European Union. One of the main trends seen in the India shrimp market is the growth of the food industry due to the growing demand for ready-to-eat food items. It is driven by factors including rapid urbanisation, shifting habits, hectic work schedules, and growing number of working women. As a result, the shrimp market in India is experiencing healthy production. In addition, the growing demand for shrimp globally has positively affected imports of shrimp from India. Moreover, the growing consumer health consciousness, rising disposable incomes, and improving living standards remain some of the other primary factors that are further increasing the demand for shrimps in India.
Competitive Landscape
The report gives a detailed analysis of the following key players in the India shrimp market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Nekkanti Sea Foods Limited (NSFL)
- Devi Fisheries Limited
- Falcon Marine Exports
- BMR Groups
- Jayalakshmi Sea Foods Pvt. Ltd.
- Apex Frozen Foods Ltd.
- SSF LIMITED
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Species, Shrimp Size, States |
| Breakup by Species | Penaeus Vannamei, Penaeus Monodon, Others |
| Breakup by Shrimp Size | Size 31-40, Size 41-50, Size 51-60, Size 61-70, Size >70, Others |
| Breakup by States | West Bengal, Gujarat, Andhra Pradesh, Others |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends-Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Nekkanti Sea Foods Limited (NSFL), Devi Fisheries Limited, Falcon Marine Exports, BMR Groups, Jayalakshmi Sea Foods Pvt. Ltd., Apex Frozen Foods Ltd., SSF LIMITED, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 India Shrimp Market Snapshot
7 Industry Opportunities and Challenges
8 Global Shrimp Market Overview
8.1 Key Industry Highlights
8.2 Global Shrimp Historical Market (2016-2020)
8.3 Global Shrimp Market Forecast (2021-2026)
8.4 Global Shrimp Market by Type
8.5 Global Shrimp Market by Species
8.6 Global Shrimp Market by Shrimp Size
8.7 Global Shrimp Market by Major Shrimp Producing Countries
8.8 Global Shrimp Market by Major Shrimp Consuming Countries
9 India Shrimp Market Analysis
9.1 Key Industry Highlights
9.2 Market Insights
9.3 India Shrimp Historical Market (2016-2020)
9.4 India Shrimp Market Forecast (2021-2026)
9.5 India Shrimp Market by Species
9.5.1 Penaeus Vannamei
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2016-2020)
9.5.1.3 Forecast Trend (2021-2026)
9.5.2 Penaeus Monodon
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2016-2020)
9.5.2.3 Forecast Trend (2021-2026)
9.5.3 Others
9.6 India Shrimp Market by Shrimp Size
9.6.1 Size 31-40
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2016-2020)
9.6.1.3 Forecast Trend (2021-2026)
9.6.2 Size 41-50
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2016-2020)
9.6.2.3 Forecast Trend (2021-2026)
9.6.3 Size 51-60
9.6.3.1 Market Share
9.6.3.2 Historical Trend (2016-2020)
9.6.3.3 Forecast Trend (2021-2026)
9.6.4 Size 61-70
9.6.4.1 Market Share
9.6.4.2 Historical Trend (2016-2020)
9.6.4.3 Forecast Trend (2021-2026)
9.6.5 Size >70
9.6.5.1 Market Share
9.6.5.2 Historical Trend (2016-2020)
9.6.5.3 Forecast Trend (2021-2026)
9.6.6 Others
9.7 India Shrimp Market by States
9.7.1 Market Share
9.7.1.1 West Bengal
9.7.1.2 Gujarat
9.7.1.3 Andhra Pradesh
9.7.1.4 Others
10 India Shrimp Feed Market Analysis
10.1 India Shrimp Feed Market
10.2 India Shrimp Feed Market by Type
10.3 India Shrimp Feed Market by Ingredient
10.4 India Shrimp Feed Market by Additives
10.5 India Shrimp Feed Market Distribution Channel and Margins
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 EMR’s Key Indicators for Demand
11.4 EMR’s Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price and Margin Analysis
14.1 Ex-farm Shrimp Prices
14.2 Processed Shrimp Prices
14.3 Exported Shrimp Prices
14.4 Margins
15 Shrimp Processing
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance and Raw Material
16 Project Details and Cost Analysis
16.1 Land, Location and Site Development
16.2 Construction
16.3 Plant Layout
16.4 Plant Machinery
16.5 Raw Material Requirement
16.6 Packaging
16.7 Transportation
16.8 Utilities
16.9 Manpower
16.10 Other Capital Investment
17 Loans and Financial Assistance
18 Project Economics
18.1 Capital Cost of Project
18.2 Techno-Economic Parameters
18.3 Product Pricing and Margins
18.4 Taxation and Depreciation
18.5 Income Projections
18.6 Expenditure Projections
18.7 Financial Analysis
19 Impact of Macro and Micro Economic Environment
19.1 Micro-Economic Environment
19.2 Macro-Economic Environment
20 Government Support and Subsidies
21 Shrimp Sales from Farms
21.1 Price Structure
21.2 Role of Agents
21.3 Types of Contracts
21.4 Farm Price Trends
22 Competitive Landscape
22.1 Market Structure
22.2 Key Players’ Market Share
22.3 Company Profiles
22.3.1 Nekkanti Sea Foods Limited (NSFL)
22.3.1.1 Company Overview
22.3.1.2 Company Description
22.3.2 Devi Fisheries Limited
22.3.2.1 Company Overview
22.3.2.2 Company Description
22.3.3 Falcon Marine Exports
22.3.3.1 Company Overview
22.3.3.2 Company Description
22.3.4 BMR Groups
22.3.4.1 Company Overview
22.3.4.2 Company Description
22.3.5 Jayalakshmi Sea Foods Pvt. Ltd.
22.3.5.1 Company Overview
22.3.5.2 Company Description
22.3.6 Apex Frozen Foods Ltd.
22.3.6.1 Company Overview
22.3.6.2 Company Description
22.3.7 SSF LIMITED
22.3.7.1 Company Overview
22.3.7.2 Company Description
22.3.8 Others
23 Industry Events and Developments
List of Figures and Tables
1. Global Shrimp Market: Key Industry Highlights, 2016 and 2026
2. Global Shrimp Historical Market: Breakup by Type (Million Tons), 2016-2020
3. Global Shrimp Market Forecast: Breakup by Type (Million Tons), 2021-2026
4. Global Shrimp Historical Market: Breakup by Species (Million Tons), 2016-2020
5. Global Shrimp Market Forecast: Breakup by Species (Million Tons), 2021-2026
6. Global Shrimp Historical Market: Breakup by Shrimp Size (Million Tons), 2016-2020
7. Global Shrimp Market Forecast: Breakup by Shrimp Size (Million Tons), 2021-2026
8. Global Shrimp Market by Major Shrimp Producing Countries, (Million Tons), 2016-2020
9. Global Shrimp Market by Major Shrimp Producing Countries, (Million Tons), 2021-2026
10. Global Shrimp Market by Major Shrimp Consuming Countries, (Million Tons), 2016-2020
11. Global Shrimp Market by Major Shrimp Consuming Countries, (Million Tons), 2021-2026
12. India Shrimp Market: Key Industry Highlights, 2016 and 2026
13. India Shrimp Historical Market: Breakup by Product Portfolio (Million Tons), 2016-2020
14. India Shrimp Market Forecast: Breakup by Product Portfolio (Million Tons), 2021-2026
15. India Shrimp Historical Market: Breakup by Species (Million Tons), 2016-2020
16. India Shrimp Market Forecast: Breakup by Species (Million Tons), 2021-2026
17. India Shrimp Historical Market: Breakup by Shrimp Size (Million Tons), 2016-2020
18. India Shrimp Market Forecast: Breakup by Shrimp Size (Million Tons), 2021-2026
19. India Shrimp Historical Market: Breakup by States (Million Tons), 2016-2020
20. India Shrimp Market Forecast: Breakup by States (Million Tons), 2021-2026
21. India Shrimp Feed Market: Key Industry Highlights, 2016 and 2026
22. Shrimp Historical Price Trends and Forecast 2016-2026
23. India Shrimp Market Structure
Key Questions Answered in the Report
In 2020, the India shrimp market reached a volume of 0.71 million tons.
In the forecast period of 2021-2026, the market is projected to grow at a CAGR of 9.5%.
By 2026, the market is estimated to reach a volume of almost 1.23 million tons.
The major drivers of the industry such as rising disposable incomes, increasing population, increasing health consciousness, growing demand for convenient and ready-to-eat food, rapid urbanization, changing lifestyles, and easy availability of the product are expected to aid the market growth.
Governmental support for sustainable shrimp farming and rising exports of the product are expected to be the major trends driving the growth of the industry.
The major regions in the industry are Andhra Pradesh, West Bengal, and Gujarat, among others, with Andhra Pradesh accounting for the largest market share.
The significant species types in the industry are Penaeus Vannamei and Penaeus Monodon, among others.
The leading sizes of shrimp in the industry are sizes 31-40, 41-50, 51-60, 61-70, and >70, among others.
The key players in the industry are Nekkanti Sea Foods Limited (NSFL), Devi Fisheries Limited, Falcon Marine Exports, BMR Groups, Jayalakshmi Sea Foods Pvt. Ltd., Apex Frozen Foods Ltd., and SSF LIMITED, among others.
Analyst Review
The India shrimp market attained a volume of 0.71 million tons in 2020 driven by changing lifestyles of consumers and growing exports of the product. Aided by the rising health awareness and a shift towards sustainable farming practices, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 9.5%. The market is projected to reach 1.23 million tons by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on species, the India shrimp market has been segmented into Penaeus Vannamei and Penaeus Monodon, among others. On the basis of the size, the industry can be divided into sizes 31-40, 41-50, 51-60, 61-70, and >70, among others. The major regional markets for shrimp in India are Andhra Pradesh, West Bengal, and Gujarat, among others, with Andhra Pradesh accounting for the largest share of the market. The key players in the above industry include Nekkanti Sea Foods Limited (NSFL), Devi Fisheries Limited, Falcon Marine Exports, BMR Groups, Jayalakshmi Sea Foods Pvt. Ltd., Apex Frozen Foods Ltd., and SSF LIMITED, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The North America frozen seafood market reached a value of about USD 13 billion in 2020. The industry is further expected to grow at a CAGR of about 4.1% in the forecast period of 2021-2026.
The United States crayfish market attained a value of around USD 285 million in 2020, driven by the rising demand nationally and internationally. Aided by the increase in consumption demands, health c...
The global sardine market attained 3.6 million tons in 2020. The market witnessed a healthy growth in the historical period of 2016-2020.
The Europe fish market is being aided by the rising fish production in the EU-28 region, where the production reached a volume of 5.6 million tons in 2020. Aided by the rising demand from the food ind...
The Europe shrimp market attained a volume of 873.94 kilo tons in 2020, driven by the rising consumption of fish and seafood. Aided by the growing preference for frozen fish products, the market is ex...
NEWSLETTER