India Aquaculture Market By Fish Type (Carps, Shrimp, Cat fishes, Pangasius, Tilapia, and Others), By Production type (Small scale and Medium & Large scale), By Environment (Fresh water, Brackish Water, and Marine) and Country  

India Aquaculture Market size was valued at USD 1.42 billion in 2023 and is expected to grow at a CAGR of 10.4% during 2024-2030, due to the growing need to maintain food safety & security. In addition, ongoing developments in offshore and open aquaculture techniques are expected to generate lucrative prospects for growth in the market. Moreover, rising smart fishing activities are also expected to promote the country's market growth. In addition, aquaculture has emerged as a source of jobs in India and helps to improve the socio-economic status of those involved in it, thereby affecting market growth positively. Increased water pollution, however, may pose a threat to the health of marine life, hampering the growth of the market. The reproductive cycle of aquatic organisms is also influenced by unpredictable climatic conditions and fluctuating temperatures, which may further hinder the growth of the sector.

India Aquaculture Market Key Developments:

• In August 2020, Aquaconnect, a start-up in aquaculture technology, opened three more centers in Andhra Pradesh to provide different services, including facilitating bank loans to fish and shrimp farmers. This Market report provides a comprehensive outlook on India's aquaculture.