Market analysists RNCOS have just released a new report on prospects for the commercial aquafeed in India over the next four years.

India is the second largest producer of fish, and provides an immense opportunity for aquafeed manufacturers to tap the growing demand for commercial aquafeed. Moreover, farmers are shifting from traditional ways of feeding aquatic species to commercial feeding. Along with the various scheme and subsidies implemented by the government to promote aquaculture, this is accelerating the Indian commercial aquafeed market.

“India Commercial Aquafeed Market Outlook 2020” provides in-depth study of India\'s aquaculture industry\'s performance in terms of inland and marine aquaculture production, along with the demand for commercial aquafeed industry over the next few years.

For this study, RNCOS analyzed industry expert insights from fisheries, aquafeed manufacturers and aquafeed suppliers, in order to build a macro and micro level understanding of the overall aquafeed industry, and to explore opportunities in the prevailing market.

For the major farmed finfish including carps, tilapia and catfish, along with shrimp, the report provides production and aquafeed demand forecasts to 2020. During this period the demand for production and consumption of aquafeed is expected to increase.

Trends, drivers, challenges and regional aquafeed demand are included, along with a section on the major ingredients used in commercial finfish feed.

The research also outlines government initiatives for promoting aquaculture production and technological advancements in the industry. It also includes an overview of key industry players.

The report is available for purchase here.