India Shrimp Farming Market Outlook 2025–2035Industry Size, Growth Trends, Competitive Landscape & Forecast by Region, Distribution Channel (B2B, B2C), Species (Pacific White, Black Tiger, Indian White & Others), and Culture System (Biofloc, RAS, Semi/Intensive & Traditional Pond Models)
Report Overview
According to the latest analysis by the CMI Team, the India Shrimp Farming Market is forecasted to grow at a CAGR of 12.1% between 2025 and 2035. The market size is estimated to reach USD 9,460.3 million in 2025 and is projected to soar to approximately USD 26,565.8 million by 2035.
India continues to solidify its position as a global hub for shrimp farming, driven by a combination of natural advantages and strategic investments. With a coastline stretching over 7,500 kilometers and a well-established aquaculture tradition, the country stands among the top shrimp-exporting nations worldwide.
From conventional pond-based systems to cutting-edge solutions like biofloc technology and indoor RAS, India’s shrimp farming landscape is evolving rapidly. This transformation is powered by both domestic consumption and the rising export demand for high-quality, sustainable seafood.
Key Growth Drivers of India Shrimp Farming Market
Rising Global Demand
India's shrimp exports remain robust, with surging demand from top international markets such as the U.S., Japan, and the European Union. This demand fuels large-scale farming investments, enhances processing capabilities, and boosts overall production volumes.
Strategic Government Initiatives
Proactive support from the Indian government—including subsidies, low-interest loans, infrastructure development programs, and ease-of-business reforms—continues to catalyze growth in the shrimp aquaculture sector.
Innovations in Farming Technologies
The integration of advanced technologies such as automated feeding systems, artificial intelligence for water quality monitoring, and genetic breeding programs are transforming traditional shrimp farming into a tech-driven, efficient industry.
Domestic Market Expansion
Urbanization, higher disposable incomes, and growing health awareness among Indian consumers are leading to increased shrimp consumption within the country. This domestic shift opens new channels for value-added product development and regional distribution.
Emerging Export Markets
India is successfully diversifying its shrimp export footprint by targeting emerging markets across Africa, Southeast Asia, and Latin America. Competitive pricing and robust quality controls make Indian shrimp attractive to new international buyers.
Commitment to Sustainable Aquaculture
Eco-certifications, traceability systems, and environment-friendly farming practices are gaining traction. These efforts align India’s shrimp industry with global sustainability benchmarks, enabling access to premium market segments and environmentally conscious consumers.
India Shrimp Farming Market – Mergers and Acquisitions
The India Shrimp Farming Market has been actively shaped by a wave of mergers and acquisitions as industry players aim to scale operations, enhance product portfolios, and gain strategic advantages in a fast-evolving sector. These corporate moves are fueling innovation, streamlining supply chains, and driving market consolidation.
In 2024, Thai Union extended its commitment to environmental leadership through a partnership with the Samut Sakhon City Development for an advanced marine conservation initiative. This collaborative project focuses on large-scale marine debris removal and coastal ecosystem restoration, reinforcing Thai Union’s dedication to sustainable aquaculture practices across Asia, including India.
In 2023, Avanti Feeds ramped up its shrimp feed production with the operational launch of a high-capacity manufacturing unit in Andhra Pradesh. With an investment of approximately USD 0.017 billion (INR 140 crore), the facility contributes 1.85 lakh metric tons to the company’s total capacity, taking its overall shrimp feed output to a robust 8.1 lakh metric tons annually. This expansion strengthens Avanti's dominance in both domestic and international feed supply markets.
These strategic initiatives have helped companies enhance production capabilities, reinforce market positioning, and respond swiftly to growing global demand. As sustainability, efficiency, and traceability become industry imperatives, further consolidation is anticipated. Mergers and acquisitions will likely focus on integrating technological innovations, expanding into value-added product segments, and optimizing distribution networks.
Report Scope
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Category |
Details |
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Report Title |
India Shrimp Farming Market Report 2025–2035 |
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Forecast Period |
2025–2035 |
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Base Year |
2024 |
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Historical Data |
2018–2023 |
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Market Size (2025) |
USD 9,460.3 Million |
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Market Size (2035) |
USD 26,565.8 Million |
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CAGR |
12.1% (2025–2035) |
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Regions Covered |
North India, South India, East India, West India, Central India |
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Segmentation |
Species, Culture System, Distribution Channel, Region |
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Key Players Covered |
12+ major industry leaders and innovators |
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Customization Scope |
Yes – Available upon request |
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Report Format |
PDF, Excel, Word |
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Delivery Format |
Email download + analyst support |
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Comparative Analysis of the Related Market
The shrimp farming sector in India is increasingly being benchmarked against developments in other aquaculture-heavy regions such as Vietnam, Ecuador, and Thailand. While India benefits from low production costs and strong export infrastructure, challenges such as disease outbreaks and input dependency highlight the need for global best practices.
Comparative trends also reveal that India is rapidly catching up in terms of sustainable certifications, digital monitoring, and genetic enhancement, positioning itself as a formidable competitor in the international shrimp value chain. Investments in vertical integration, especially in feed, hatchery, and processing, are driving cost efficiencies and quality control, giving Indian players a growing edge over counterparts in other markets.
India Shrimp Farming Market – Significant Threats
Despite its strong growth trajectory, the India Shrimp Farming Market must navigate a range of complex threats that could hinder long-term sustainability and profitability from 2025 through 2035. These challenges span environmental, biological, economic, and competitive dimensions, requiring proactive strategies and resilient operational models.
Shrimp Disease Risks
Disease outbreaks continue to be one of the most serious threats facing Indian shrimp aquaculture. Pathogens such as Early Mortality Syndrome (EMS), White Spot Syndrome Virus (WSSV), and Infectious Myonecrosis Virus (IMNV) can cause significant losses in farmed shrimp populations. These health crises disrupt supply chains, lead to sharp production drops, and undermine farmer confidence. While improved biosecurity and disease management practices are emerging, consistent enforcement and farmer education remain critical.
Environmental Stress and Resource Strain
Ongoing degradation of aquatic ecosystems is another pressing concern. Factors like nutrient pollution, overuse of antibiotics, salinity imbalances, and loss of mangrove buffers have long-term implications for water quality and shrimp viability. Environmental scrutiny is increasing, and regulatory compliance will likely become more stringent over the next decade, making eco-friendly practices not just a choice but a necessity.
Economic and Trade Volatility
The global shrimp trade is exposed to significant volatility, which includes fluctuating prices, tariff shifts, and unpredictable currency movements. These dynamics affect India's export-driven shrimp farming industry, particularly when major markets like the U.S. or EU impose trade restrictions or face internal disruptions. Rising freight costs and dependency on imported inputs such as broodstock and feed additives also amplify financial risks.
Climate Uncertainty and Its Effects
The escalating impact of climate change introduces unpredictable challenges such as increased pond evaporation, sudden rainfall patterns, and higher seawater temperatures. These changes can alter the delicate balance of pond ecosystems, making shrimp more vulnerable to stress and disease. Regions dependent on coastal aquaculture are particularly at risk from sea-level rise and salinity intrusion, which may force shifts in farming zones.
Rising Global Competition
India is facing stiffer competition from well-established shrimp producers like Ecuador, Thailand, and Vietnam, who are also investing heavily in sustainable and high-yield aquaculture. These countries are strengthening their grip on key export markets through price competitiveness, better traceability, and stronger branding. If India does not match these advancements in traceability, certification, and product innovation, its global market share may erode over time.
Category-Wise Insights
By Species
Black Tiger Shrimp
Known for their bold flavor and impressive size, Black Tiger Shrimp have long been a staple in Indian shrimp farming. Although their cultivation had declined due to vulnerability to disease and lower survival rates, renewed interest is emerging. Innovations in hatchery technology, improved biosecurity practices, and the development of disease-resistant strains are helping revive Black Tiger farming, especially for premium export markets and gourmet segments.
Pacific White Shrimp
Pacific White Shrimp (Litopenaeus vannamei) continues to dominate the Indian market due to its adaptability, rapid growth, and strong international demand. From 2025 to 2035, this species is expected to lead production, supported by high yield efficiency and low input costs. Enhanced farming systems such as biofloc and integrated digital monitoring are driving productivity, while global sustainability certifications are expanding export opportunities in Europe and North America.
Indian White Shrimp
This native species, often called Indian Vannamei, is making a comeback as producers increasingly recognize its adaptability to regional farming environments. It offers cost-effective production with promising resistance to common local pathogens. Growing support from research institutions and government-led breeding initiatives is further encouraging its cultivation for both local consumption and niche exports.
Others
Other varieties such as Indian Tiger Shrimp and Flower Shrimp represent smaller but growing segments in India’s diverse aquaculture ecosystem. While these species account for a limited share of overall production, they cater to gourmet and specialty markets. With increasing global interest in diverse seafood profiles, farmers are exploring these species to differentiate offerings and tap into high-margin niches.
By Culture System
Traditional Pond Culture
Still widespread among rural and small-scale farmers, traditional pond culture utilizes natural water bodies or constructed ponds with limited mechanization. While it requires minimal investment, it also offers lower yields and faces issues such as environmental degradation, susceptibility to disease, and inefficient resource usage. This system is expected to gradually decline as modern techniques become more accessible.
Intensive Pond Culture
This system emphasizes high-density shrimp farming with strict control over water quality, feed, and disease management. Often equipped with aeration and mechanized operations, intensive culture offers higher returns on investment and consistent output. Its popularity is growing among commercial operators aiming for scalability and export readiness.
Semi-Intensive Pond Culture
Blending the simplicity of traditional methods with some aspects of modern farming, semi-intensive systems are popular among medium-scale operators. They allow for moderate stocking density and require some investment in inputs such as aeration and formulated feed. This approach continues to attract farmers transitioning from basic operations toward more commercialized models.
Biofloc Technology
An increasingly popular method, biofloc farming enhances water quality through the cultivation of beneficial microbial aggregates. It significantly reduces water usage, improves feed conversion, and minimizes disease outbreaks. Recognized for aligning with sustainable aquaculture goals, biofloc technology is gaining ground among farmers seeking eco-friendly and cost-efficient solutions.
Indoor Recirculating Aquaculture Systems (RAS)
RAS offers a fully controlled indoor environment, allowing for year-round production with minimal ecological impact. With its focus on water reuse and biosecurity, RAS is especially suited for high-value urban and export-oriented operations. Although initial capital costs remain a barrier, increasing technological adoption and regulatory incentives are accelerating its growth in India.
Others
Emerging systems such as raceways, IMTA (Integrated Multi-Trophic Aquaculture), and offshore cage culture are being tested in pilot programs and by innovative startups. These approaches aim to maximize space utilization, reduce environmental footprints, and create multi-species synergies. Their success will depend on scalability, regulatory approvals, and farmer training.
By Distribution Channel
B2B (Business-to-Business)
This remains the backbone of India’s shrimp industry, with farms supplying processors, exporters, and wholesale buyers. Consolidation among processors and the rise of procurement hubs have streamlined supply chains. Furthermore, digital platforms and traceability tools are enabling real-time transaction transparency and quality control, fostering stronger B2B relationships.
B2C (Business-to-Consumer)
India’s B2C shrimp market is evolving quickly, driven by growing urban demand for clean, ready-to-cook seafood. Direct-to-consumer sales through e-commerce, retail chains, and branded seafood outlets are on the rise. Consumers are now prioritizing traceable, antibiotic-free, and sustainably farmed shrimp, giving rise to premium brands and value-added product lines such as marinated and flash-frozen shrimp.
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Key Players in the India Shrimp Farming Market
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Sandhya Aqua Exports Pvt. Ltd.
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CP Aquaculture India Pvt. Ltd.
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Growel Feeds Pvt. Ltd.
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Vaisakhi Bio-Marine Pvt. Ltd.
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Falcon Marine Exports Ltd.
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BMR Group
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Thai Union Group (India operations)
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Nekkanti Sea Foods Ltd.
India Shrimp Farming Market – Report Segmentation
By Species
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Pacific White Shrimp (Vannamei)
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Black Tiger Shrimp
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Indian White Shrimp
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Others (e.g., Flower Shrimp, Indian Tiger Shrimp)
By Culture System
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Traditional Pond Culture
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Intensive Pond Culture
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Semi-Intensive Pond Culture
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Biofloc Technology
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Indoor Recirculating Aquaculture Systems (RAS)
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Others (Raceway, IMTA, Cage Culture)
By Distribution Channel
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B2B (Business-to-Business)
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B2C (Business-to-Consumer)
By Region
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North India
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South India
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East India
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West India
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Central India
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