India is the second largest producer of fish, and third largest in aquaculture production. The Indian commercial fishfeed industry has reported a significant growth in recent years, and is presenting ample opportunities to the industry players. It provides an immense opportunity for fishfeed manufacturers to tap the growing demand for commercial fishfeed. Moreover, farmers shifting from traditional ways of feeding fish to commercial feeding, along with the various scheme and subsidies implemented by the government to promote fish farming, is accelerating the Indian commercial fishfeed market.
Our recent market research report, “India Commercial Fishfeed Market Outlook 2022” provides in-depth study of Indian fishery industry's performance in terms of inland and marine aquaculture production, along with the demand of commercial fishfeed industry in the coming years. The report shows the Finfish feed industry being split into three distinct types of fish viz.: Carp, Catfish and Tilapia, depicting their current and future outlook to 2022. The commercial fishfeed market trade scenario was scrutinized in detail. The report identifies and highlights the segments that offer maximum opportunity for growth in the Indian commercial fishfeed market.
Our industry analysts studied all the facets of the Indian commercial fishfeed market to portray a crystal clear picture of the current as well as the expected market outlook. Major drivers and trends have been identified that are set to act as catalysts towards boosting the industry’s growth, along with roadblocks hindering the market’s growth. Also, the highest fishfeed producing and consuming states have been identified to focus on the area of opportunities for new players. Our study also includes a section on the major ingredients used in commercial fishfeed, to understand and evaluate the kind of ingredients that will be in demand with the increase in fish production.
The report further highlights the competitive landscape of the Indian commercial fishfeed market, describing the business, strengths and weaknesses of the major industry players. The section is therefore expected to clearly help the reader gain crucial insight into the key market players’ performances and strategies for growth. Holistically, the research provides all the pre-requisite information for clients looking to make a debut in this industry, and facilitates them to formulate schemes while going for an investment/partnership in the Indian commercial fishfeed industry.