India Aquaculture Equipment Market Size & Outlook, 2025-2033
India Aquaculture Equipment Market Size
According to Straits Research analysis, the India Aquaculture Equipment Market was valued at USD 4361.32 Million in 2024 and is projected to reach USD 7707.8 Million by 2033, expanding at a CAGR of 6.5% during the forecast period. The primary applications driving demand include fish farming, shrimp cultivation and aquatic plants production. The increasing need for high-quality, nutrient-rich seafood and stringent regulations for sustainable fishing are pivotal in strengthening the market's growth. Emerging trends such as the adoption of advanced technologies, like AI and IoT, to monitor water quality and feed management, play a significant role in propelling the sector forward. The rising export potential due to the high global demand for Indian seafood products also facilitates market expansion. With these steps, India is positioning itself as a key player in the global aquaculture equipment market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aquaculture Equipment Market Highlights
- By 2024, Salmon represented the largest share of the Type market size.
- Catfish is expected to remain the key growth driver within Type, registering the fastest CAGR during the forecast period.
- In 2024, India represented 11.21% of the overall global aquaculture equipment market size.
- China is projected to lead the global aquaculture equipment market size by 2033.
- Across Asia Pacific, China is anticipated to hold the dominant position in market by 2033.
- India is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 58503 Million by 2033.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 4361.32 Million |
| Market Size In 2033 | USD 7707.8 Million |
| Largest segment | Salmon |
| Fastest segment | Catfish |
| Units | Revenue in USD Million |
| CAGR | 6.5% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
|
| Farming Method |
|
| Production System |
|
| Aquaculture Pen Systems |
|
| Equipment Type |
|
India Aquaculture Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aquaculture Equipment Market By Farming Method 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aquaculture Equipment Market By Production System 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aquaculture Equipment Market By Aquaculture Pen Systems 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Aquaculture Equipment Market By Equipment Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
