,aquafeeds, demand, and supply of aquafeeds ,covid- 19 impact on aquafeed industry ,major market players in the aquafeed market ,scenario of aquafeeds in india ,shrimp industry in india ,farm-made feed industry in india

1. NATIONAL & INTERNATIONAL
SCENARIO OF AQUAFEEDS:
AVAILABILITY,DEMAND AND
SUPPLY
SUB: FNT-602 ADVANCES IN FEEDTECHNOLOGY
Submitted by,
Akhila. S
FNT-PB0-01

2. CONTENTS
International scenario of Aquafeeds
Global aquafeed market classification
Region-wise market share
Global aquaculture feed demand
Global aquaculture feed demand-covid-19
impact
Sustaining feed supply in a competitive
market
Featured companies in aquafeed sector
Region-wise aquafeed production
Global aquafeed production by numbers
conclusion
National scenario of aquafeeds
India’s aquafeed demand
Market drivers and market restraints in India
Shrimp feed industry
Farm-made feeds
Andhra Pradesh-leading state in feed production and
consumption
Major players in India Aquafeed market
Sales trend of selected aquafeed manufacturing
companies in India
Covid-19 impact on aquafeed supplychain and
markets
Covid-19 impact on Indian aquafeed industry
conclusion

3. INTERNATIONAL SCENARIO-
AQUAFEEDS

4. AQUAFEED MARKET CLASSIFICATION- Global
TYPE
Fish feed Carp
Tilapia
Catfish
Marine fish
Salmon
FW and Other diadromous fish
Milk fish
Trout
Eel
Molluscan feed Clams, mussels, oysters
Crustacean feed Shrimp feed
Other FW crustaceans

6. REGION-WISE MARKET SHARE - GLOBAL
AQUAFEED MARKET
Asia- pacific has a very
high market share in
terms of region, mainly
because they dominate
in Aquaculture
production (91%;
FAO,2019) as well,
hence more demand on
fed aquaculture

7. GLOBAL AQUACULTURE FEED DEMAND
• About 72.53% of fish and crustacean aquaculture production are direct-fed
species ( 32.29 million tonnes in 2017; Chinese carps, tilapia, shrimp, catfish,
salmon, marine fish, other miscellaneous freshwater and diadromous fishes,
freshwater crustaceans, milkfish, and eel)
• Remaining 27 % of fish and crustacean aquaculture production being
predominantly filter-feeding fish species

8. GLOBAL AQUACULTURE FEED DEMAND
A total of 32,220,378 million tonnes
on feed
APR=Annual Percentage Rate

9. More than 70% of the total global aquaculture production is dependent upon the supply of external
feed inputs (Albert and Marc,2015)

10. Species-wise feed demand- Carps
The largest consumers of
commercial aquaculture
feeds were the herbivorous
and omnivorous carp species.
57% of total carp
production rely on feeds
 Economic FCR= 1.7

11. Species-wise feed demand-Tilapia
92% of total production rely
on feeds
 Economic FCR= 1.7

12. Species-wise feed demand- Marine Fish
82% of total production
rely on feeds
 Economic FCR= 1.7

13. Species-wise feed demand- Salmon
100% of total
production rely on
feeds
 Economic FCR= 1.3

14. Species-wise feed demand- Other miscellaneous
Fresh water and diadromous fish
43% of total
production rely on feeds
 Economic FCR= 1.7

15. Species-wise feed demand- Milkfish
52% of total
production rely on
feeds
 Economic FCR= 1.7

16. Species-wise feed demand-Trout
100% of total
production rely on
feeds
 Economic FCR= 1.3

17. Species-wise feed demand- Eel
98% of total
production rely on feeds
 Economic FCR= 1.5

18. Species-wise feed demand- Shrimp
86% of total
production rely on feeds
 Economic FCR= 1.6

19. Species-wise feed demand- Fresh water Crustacean
57% of total
production rely on feeds
 Economic FCR= 1.8

20. GLOBAL AQUACULTURE FEED DEMAND
• The production of 44.4
million tonnes of major fed
species necessitated the use
of over 51.2 million tonnes
of compound aquaculture
feeds in 2017.
• Feed production has been
growing at an average
annual rate of 8.0% per year
since 2000, and expected to
grow to 58.85 million tonnes
by 2020, and 73.15 million
tonnes by 2025

21. GLOBAL AQUACULTURE FEED DEMAND-
Covid 19 IMPACT
• In Bangladesh, estimated aquafeed demand was 300,000 tonnes in the first
3 months of 2020, indicating a 45% drop in fish feed production because of
the coronavirus as well as reduced financial capacity of the farmer.
• in 2020, if the current market situation does not improve, demand for
shrimp feeds will drop by 35-40% and that for fish feed demand, by 30%.

22. SUSTAINING FEED SUPPLY IN A
COMPETING MARKET
• In terms of global animal feed production, aquaculture feeds (41 million
metric tonnes) represented only 3.6% of total global compound animal feed
(1.1265 Billion metricTonnes) production in 2019 (Alltech, 2020).
• Although the relative contribution of aquaculture to global feed is still small
in global terms, this is certainly not the case at a regional or country level
• China is also the world’s largest producer of compound animal feed,
including aquaculture feed.
• According to feed industry estimates, China produced 167.9 million metric
tonnes of animal feed in 2019, including aquaculture feeds (23 million metric
tonnes or 12.2% by weight; Alltech, 2020).

23. -2019
(Altech,2020)
Numbers in million metric tonnes
Region-wise

24. Source: Altech, March, 2018

25. FEATURED COMPANIES INTHE AQUAFEED
SECTOR
11.Marubini nisshin feed Co., Ltd
12.Marvesa
13.N.K ingredients
14.Norel Animal nutrition
15.Novus International
16.Nutreco N.V. (Amersfoot,
Netherlands)
17.Nutriad
18.Puriana Animal Nutrition
(Missouri, US)
19.Ridley corporation Ltd.
(Australia)
20.Sonac
11.Cargill Incorporated
(Minnesota, US)
12.CPF P/C (Chaeron
Pokphand)
13.De Heus Animal
Nutrition B.V
14.Dibaq Aquaculture
(Spain)
15.Growel feeds
16.Japfa Comfeed
17.Kent feeds
18.Life cycle nutrition
1. Archer Daniels midland
company (Illinois.US)
2. Aller Aqua A/S
(Christiansfeld, Denmark)
3. Altech Inc., (US)
4. Avanti feeds limited
5. Beneo GmbH (Germany)
6. Biomar
7. Biomin
8. Biostadt India Ltd.

26. Major players hold 62% of the market share while Others hold
the remaining 38%

27. CONCLUSION
• The demand for compound aquafeeds has consequently increased with rapid
growth of fed species of fish and crustaceans (mean APR 8.1% from 2000 to 2017).
• The growing demand for fish has increased export-oriented aquaculture and
increased the adoption of 'Scientific Aquaculture Management Practices' (SAMP).
• As a result, fish farming is anticipated to grow, presenting an opportunity for the
aquafeed market to grow.
• Owing to the limited availability of marine feed resources and the growing demand
for fish, the fish farming trend is expected to increase, thus opening up an
opportunity for the compound feed market to grow.

28. NATIONAL SCENARIO-AQUAFEEDS

29. INDIAN SCENARIO
• India ranks second afterChina- accounts for 6.3 % of global aquaculture production
(NFDB).
• IndiaAquaculture Feed Market was valued at USD 1.20 billion in 2017 and is expected to
register a CAGR of 10.4% during the forecast period (2018-2023).
• Government of India has allocated USD 73.84 million for the continuation of the ‘blue
revolution scheme’ during the financial year 2020-2021
• The country consists of 14 rivers, 44 medium rivers, and many small rivers, other tanks and
ponds making it clear that the aquaculture industry is huge in India which provides huge
opportunity and potential for aquaculture feed industry.

30. INDIA’S AQUAFEED DEMAND
• The demand for aquafeeds (assuming a feed conversion ratio of 1.5) was around 7 million
tonnes in 2017-18, with a sea-food production growing at a rate of 4% per annum since
2012 (The fish site, 2015)
• To meet the requirement, India imports more than half of the requirements from other
countries, so there is huge scope in aqua feed.
• Cheaper feed ingredients like deoiled rice bran, wheat bran, cottonseed cake and
groundnut cake are extensively used in freshwater aquaculture.

31. PRODUCTION CAPACITY OF AQUAFEED
MILLS IN INDIA
Year
No.
of
feed
mills
Production Capacity of
feed mills per year
(MMT)
Feed mill
utilization
capacity (%)
feed sales/year
(MMT)
2004 28 0.500 38 0.190
2013 26 1.55 44 0.683
2014 25 2.88 43.4 1.25
2018 33 2.0 50 1.0
Source: Suresh,2007;The fish Site (Lucy,2015); GAA,2020

32. MARKET DRIVERS AND MARKET
RESTRAINTS IN INDIA
Contract farming: Oceanic
Edibles International Ltd has
initiated a contract farming
with group of farmers and
Indian overseas bank for
shrimp production. Oceanic
supplied the farmers with
feed for the production.

33. SHRIMP FEED INDUSTRY
• The feed demand only from shrimp and fresh water prawn was around 1 million
tonnes in 2015 and 7 million tonnes in 2017-18
• Shrimp farming has been rising due to increasing exports and international
demand for Indian shrimps and shrimp farming is fully dependent on aquafeeds.
• Hence, demand for shrimp feed in the country is increasing
• Infact, India is over dependent on US (50%) and china (25%) for shrimp exports.
Year Quantity (MT) Market value (USD, billion)
Market share (%)
USA China EU Japan
2019 652,253 4.89 46.7 23.8 12.1 6.4
Shrimp exports
Source: GAA,2020

34. • India’s domestic market for shrimp
consumption remains small at less than 50,000
MT per year;
• Stimulation of this market could lead to a
significant increase in consumption.
• The rising urban middle class, the large
population of young people, the convenience
of cooking shrimp and the perceived health
benefits of seafood are being leveraged to
create a high value domestic market for shrimp
in India.
Source: GAA,2020

35. Evolution of farmed-shrimp production
in India (2010-2020) YEAR
PRODUCTION
(tonnes)
2010 142,000
2011 215,000
2012 256,000
2013 315,000
2014 424,000
2015 487,000
2016 550,000
2017 701,000
2018 752,000
2019 805,000 (max)
2020(E) 620,000 (predicted decline
by 20%)
Source: GAA,2020

36. SHRIMP FEED MILLS
Year
Production Capacity of shrimp feed mills per
year (MMT)
feed sales/year (‘000T)
Feed mill utilization capacity (%)
2014 1.33 600 45.1
2019 3.5 1.3 MMT 37
Source: MPDEA,2019

37. FARM-MADE FEEDS
• The use of farm-made aquaculture feeds is restricted to small-scale farmers
for the production of a variety of fish and crustacean species, including
Indian major carps, catfish, tilapia, freshwater crustaceans, and marine fish
• They are used only in the traditional, extensive farming systems in Kerala
andWest Bengal.
• They are mainly used in systems that are stocked at extremely low densities
as the size and nature of the ponds (large, flood- or tidal-fed ponds) do not
facilitate control of management protocols.
• Even in the global scenario, production of farm-made aquaculture feeds is
still largely undocumented and estimated to be between 15 and 30 million
tonnes (FAO,2012;2014)

38. FARM-MADE FEEDS
• The country relies largely on carps, which can be fed with various feedstuff
combinations other than formulated feed
• Semi-intensive and intensive carp and other freshwater fish production
systems in India are predominantly based on farm-made feeds
• An estimated 6.83 million tonnes of feed ingredients are used for producing
farm-made feeds (Suresh,2007)
• Food conversion ratios could be reduced from 3 to 1:1 when manufactured
feeds replace farm-made feeds.

39. FARM-MADE FEEDS

40. ANDHRA PRADESH- the leading state in
feed production and consumption
• Andhra Pradesh constitutes the major share in the domestic market,
accounting for feed sales at almost 60,000 tonnes per month followed by
other states with below 5000 tonnes sale a month. (The fish site,2015)
• Andhra Pradesh accounts for 22% of India’s total commercial aquafeed
consumption followed byWest Bengal
• the penetration of commercial aquafeed is still at 10% for finfish category
and a little higher for shellfish category in Andhra Pradesh
• This makes the state an attractive investment destination for aquafeed
manufacturers.

41. MAJOR PLAYERS IN INDIA AQUAFEED
MARKET
• 80% of the market is controlled by the major players, like CP Group,Avanti
Feeds (1993), GodrejAgrovet, Growel Feeds,The Waterbase, Grobest Feeds
and Nexus Feeds etc.
• CP Aquaculture (India) and Avanti are the market leaders and together they
sold an estimated 500,000 tons of shrimp feed in 2014
• The retail price for shrimp feed is approximately Rs.81.31/- to Rs. 103.49 per
kilogram

43. Sales trend of some selected Aqua feed manufacturing
companies in India
Rs. in Crores
Year
CP Aquaculture
Ltd. (subsidiary
unit of Charoen
Pokphand Ltd.)
Avanthi feed Ltd. Water Base Ltd
Charoen Pokphand
Ltd.
Grobest Feed
Corp Ltd
2004 324 240 88 0 58.10
2005 346 156 98 0 47.65
2006 327 152 68 68 41.78
2007 244 199 59 214 34.32
2008 269 98 39 267 28.34
2009 273 69 34 216 18.33
2010 377 92 28 333.9 32.05
2011 408 199.62 46.18 487 73.79
Source: Aslam &Yamuna, 2013

44. COVID-19 IMPACT ON AQUAFEED SUPPLY
CHAIN AND MARKETS
• Closure of many manufacturing facilities worldwide, disrupting the supply
chain
• Cancellation and postponement of purchase orders in seafood processing
plants
• Crash in seafood prizes
• Cancellation of air and sea traffic- closure of vital air-routes
• Scarcity of labourers

45. COVID-19 IMPACT ON INDIAN- AQUAFEED
INDUSTRY
• misinformation and farmers overreacting in India.
• There was panic harvesting of 10-12g shrimp in Andhra Pradesh prior to the
lockdown.
• Logistics was the major issue-the transport of post larvae from hatcheries to
farms; feeds from feed mills to farms; ice to farms and harvested shrimp to
processing plants.
• Hatcheries drained away unsold post larvae because of logistics issues.

46. CONCLUSION
• Aquaculture required at least 2.59 million tonnes of manufactured feeds but, only about
200 000 tonnes were manufactured in 2004 (Suresh,2007).
• In 2019, about 0.805 million tonnes of shrimp was produced, when the feed manufactured
was 1.3 MMT, hence a demand-supply gap of 61,000 tonnes is observed.
• Although the annual aquafeed production is increasing, so is the demand from domestic
and especially the international markets, in case of shrimp feed industry.
• Also, most feed mills are operation at low capacities that can be improved in the future.
• But, unfortunately Covid-19 had brought adverse consequences to the Aquafeed industry in
India as well as globally.

47. REFERENCE
 Albert G. J. Tacon (2020) Trends in Global Aquaculture and Aquafeed Production: 2000–2017, Reviews in Fisheries Science & Aquaculture,
28:1, 43-56, DOI: 10.1080/23308249.2019.1649634
 Suresh, A.V., 2007. Development of the aquafeed industry in India. In M.R. Hasan, T. Hecht, S.S. De Silva and A.G.J. Tacon (eds). Study and
analysis of feeds and fertilizers for sustainable aquaculture development, FAO Fisheries Technical Paper. No. 497. Rome, FAO. pp. 221–243.
• Aquafeed Market by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish
Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive,
and Region - Global Forecast to 2025 (researchandmarkets.com)
• Aqua Feed Market - Growth,Trends, and Forecast (2020 - 2025) (mordorintelligence.com)
• 2020Alltech Global Feed Survey | Alltech

48. REFERENCE
• How India became the world’s top shrimp producer,GAA, October,2020
• The fish farming industry of India « GlobalAquaculture Advocate (aquaculturealliance.org)
• INDIAN FEED INDUSTRY: Revitalizing Nutritional Security ; FASAR (Food andAgribusiness
StrategicAdvisory and Research)Team, 2015
 Aslam & Yamuna,2013.Trends and Progress of the Aqua Feed Companies in India a Case of Pancharathna Companies
 FAO FISHERY AND AQUACULTURE STATISTICS, 2019
 Albert & Marc, 2015. Feed Matters: Satisfying the Feed Demand of Aquaculture