Shrimp Exporters in India: Leading the Global Seafood Trade

Shrimp Exporters in India: Leading the Global Seafood Trade


Introduction


India is the second-largest shrimp exporter globally, with shipments worth $7.38 billion in FY 2024–25 and a 10.1% CAGR projected through 203312. The country dominates the aquaculture sector, supplying 46% of the U.S. raw vannamei shrimp market and expanding into the EU, China, and Japan13. This blog explores India’s top shrimp exporters, key trends, and how industry leaders like Avanti Feeds Limited drive innovation and sustainability in this booming sector.







Why India Dominates Global Shrimp Exports


1. Production Powerhouse




  • Andhra Pradesh produces 77.55% of India’s shrimp, followed by West Bengal (6.84%) and Gujarat (5.92%)1.




  • Farmed vannamei shrimp accounts for 86% of exports, prized for its disease resistance and high yield7.




2. Competitive Advantages




  • Low farming costs: Labor and land are cheaper than in Ecuador or Vietnam2.




  • Government support: Subsidies for aquaculture and export incentives boost growth1.




  • Sustainability focusASC/BAP certifications and traceability appeal to EU and U.S. buyers10.




3. Export Trends (2025)




  • 71,885 MT shipped in May 2025, a 15% YoY surge, with value-added products (cooked, breaded) up 54%3.




  • Top markets: U.S. (46% share), China, EU (growing 24% YoY), and Japan113.








Top 10 Shrimp Exporters in India 126


1. Avanti Feeds Limited




  • Market Leader: Controls ~40% of India’s shrimp feed market and exports to 22+ countries.




  • Key Strength: Integrated model (hatcheries → processing) with 775,000-ton annual feed capacity.




  • Innovation: India’s first fishmeal-free shrimp feed using algal proteins.
    ???? Explore: https://avantifeeds.com/




2. Nekkanti Sea Foods




  • Established: 1983 | HQ: Andhra Pradesh.




  • Specialty: BAP/ASC-certified raw and cooked shrimp for U.S. retailers.




3. Apex Frozen Foods




  • Exports: Ready-to-cook vannamei shrimp to the U.S. and EU.




4. Devi Sea Foods




  • Verticals: Shrimp processing + feed production (DEVEE brand).




5. SSF Limited




  • Product Range: Black Tiger, Vannamei, and sea-caught shrimp for EU/Asia.




(Other notable exporters: Megaa Moda, Zeal Aqua, Coastal Corporation, BKV Industries, Jayalakshmi Sea Foods.)







Challenges and Opportunities


1. Tariff Pressures




  • U.S. reciprocal tariffs (26% from July 2025) may squeeze margins, but value-added products (e.g., breaded shrimp) offer a buffer14.




2. Competition from Ecuador




  • Ecuador’s 40-ton/hectare yield and shorter U.S. shipping routes threaten India’s market share13.




3. Future Growth Areas




  • Domestic market: Only 5–10% of shrimp is consumed locally—untapped potential7.




  • Tech adoption: AI feeding systems and RAS farms to boost productivity13.








How Buyers Choose Indian Shrimp Exporters


✅ Certifications: BAP, ASC, or HALAL for compliance.
✅ Traceability: Farm-to-fork tracking (e.g., Avanti’s digital systems).
✅ Product Mix: Peeled, cooked, or organic shrimp for niche markets.
✅ R&D Investment: Feed innovation (e.g., probiotic-enriched feeds).







Conclusion: India’s Shrimp Export Outlook


With $22.7 billion market potential by 2033, India’s shrimp industry is poised for growth despite tariffs. Leaders like Avanti Feeds exemplify resilience through vertical integration and sustainability.


For premium shrimp exports, explore Avanti Feeds’ global supply chain:
???? https://avantifeeds.com/

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