India has a thriving and evolving aquaculture industry. However, most farmers still rely on low cost and easily available traditional feeds comprised of rice/wheat bran, groundnut cake, and other agro products. But the demand for commercial aquafeed is increasing. This trend is being driven by a growing awareness of the benefits.
According to a report, \"Commercial Aquafeed Demand for Catfish & Tilapia Will Increase in Future\", by RNCOS, over the past few years new technologies have been introduced to increase the production of tilapia and catfish. Efforts are also being made to improve the feed for these fish to attain high productivity. Thus, commercial finfish feed consumption is expected to grow during 2014-2018. The growth in the demand of commercial feed for these fish will also propel an equivalent increase in the demand for ingredients like soybean meal and rice bran.
“India Commercial Aquafeed Market Outlook 2018\" is available from RNCOS.