India Aqua Inputs and Supplements (for Shrimps) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

India Aqua Inputs and Supplements (for Shrimps) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The Indian aqua inputs and supplements (for shrimps) market size reached INR 30.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 62.8 Billion by 2028, exhibiting a growth rate (CAGR) of 12.5% during 2023-2028.

Aqua inputs and supplements refer to the chemical substances, including antibiotics, that are utilized for shrimp health management. These substances protect shrimps from vibriosis and other luminescent bacteria, along with preventing any disease outbreak during the farming period. In India, these chemicals are increasingly being used in shrimp aquaculture to ensure a healthy and sustainable environment for shrimp.

Over the years, India has emerged as one of the leading shrimp producers in the world which has given a boost to the aquaculture activities in the country. In addition to this, the rising consumer health consciousness has led to a shift from high-calorie diet to protein-rich seafood, such as shrimps. Owing to this, several manufacturers are introducing improved and effective chemical products targeting shrimp aquaculture. Moreover, India is also one of the low-cost producers of medicines, drugs, and supplements, this has enabled India to become an economical producer of aqua inputs and supplements, thereby proliferating the export activities.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Indian aqua inputs and supplements (for shrimps) market report, along with forecasts at the country and state level from 2023-2028. Our report has categorized the market based on end-use and product type.

Breakup by End-Use:

Feed and Disease Management
Water Management
Soil Management

Breakup by Product Type:

Probiotics
Vitamins and Mineral Supplement
Growth Promoter
Disinfectant
Oxygen Enhancer
Zeolite
Immunostimulant
Liming Material
Organic/Inorganic Fertilizers
Others

Breakup by State:

Andhra Pradesh
West Bengal
Odisha
Gujarat

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Bayer CropScience Limited, Biostadt India Limited, C. P. Aquaculture (INDIA) Private Limited, Growel Formulations Pvt. Ltd., Gentle Bio-Sciences Pvt. Ltd., Hi-Tech Pharma, Intas Animal Health, Kemin Industries South Asia Pvt. Ltd, Neospark Drugs and Chemicals Private Limited, Poseidon Biotechnology, PVS Group, Srinivasa Cystine Pvt. Ltd., Sanzyme Biologics, SDC Agro-Vet India Pvt. Ltd., DeVee Biologicals Pvt. Ltd., Synergy Biotechnologies, Virbac Animal Health India Private Limited, etc.

Key Questions Answered in This Report:
How has the Indian aqua inputs and supplements market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Indian aqua inputs and supplements market?
What is the breakup of the Indian aqua inputs and supplements market based on the end-use?
What is the breakup of the Indian aqua inputs and supplements market based on the product type?
What is the breakup of the Indian aqua inputs and supplements market based on the region?
What are the price trends of aqua supplements?
What are the various stages in the value chain of the Indian aqua inputs and supplements industry?
What are the key driving factors and challenges in the Indian aqua inputs and supplements industry?
What is the structure of the Indian aqua inputs and supplements industry and who are the key players?
What is the degree of competition in the Indian aqua inputs and supplements industry?
What are the profit margins in the Indian aqua inputs and supplements industry?