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INDIA - Strong growth predicted for Indian aquafeed sector

India is emerging as a significant commercial feed producer, according to a new report. Indian aquaculture is thriving but the majority of farmers are still feeding farm-made feeds; the transition to commercial feed will take time
February 13, 2014

India is emerging as a significant commercial feed producer, according to a new report. Indian aquaculture is thriving but the majority of farmers are still feeding farm-made feeds; the transition to commercial feed will take time.

The market research report, “Aquafeed Market Forecast to 2015”  anticipates the fish feed market to grow at a CAGR of around 20% from 2013-15. However, the more advanced shrimp feed market is forecasted to post a CAGR growth of around 12% during the same time period.