India's More Advanced Shrimp Feed Market Forecasted to Post a CAGR Growth of Around 12%

From a land traditionally known for aqua feeding, and comprises rice/wheat brans, ground nut cakes, and other agro products, India is emerging as a significant commercial feed producer. The thriving Indian aquaculture industry is the biggest asset for aqua feed manufacturers. However, with the majority of farmers feeding the aquatic species with traditional feeds, the transition towards commercial feed will definitely take time.This market research report, Aquafeed Market Forecast to 2015, examines the current state of the aquafeed industry in India. 

This analysis 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.This 35 page research report offers a well-balanced picture of various aquafeed market dynamics, and will be essential reading for anyone looking to get an insight into this field.This research report clearly depicts the historic, current, and expected future trends of the fish and shrimp production industry and includes market share and key drivers and restraints within the market. Government initiatives to boost aquaculture and the aquafeed industry have also been incorporated into the study.