India Frozen Prawns Market Outlook, 2027-28

India Frozen Prawns Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition Forecast & Opportunities.

Featured Companies

  • 1. Al Kabeer Exports Private Limited
  • 2. Apex Frozen Food Limited
  • 3. Avanti Frozen Food Private Limited
  • 4. Britto Seafood Exports Private Limited
  • 5. Forstar Frozen Foods Private Limited
  • 6. Gadre Marine Export Private Limited
  • More...

Prawns are generally found in freshwater lakes and streams, and deep and shallow waters. It is a rich source of iron, copper, proteins, selenium, antioxidants, phosphorus, magnesium, and vitamin B12. Consequently, its consumption aids in weight loss, fighting aging, improving bone health, decreasing menstrual pain, and preventing cardiovascular diseases. Moreover, due to the easy availability of land and labour and comparatively lower shrimp farming cost, India has become one the biggest exporters of fresh and frozen shrimp products around the world. In line with this, the escalating demand for shrimp products at a global scale is contributing to the market growth. Furthermore, the growing popularity of regional and international cuisines, along with the rising health consciousness among individuals, is positively influencing the demand for prawns products in the country. Additionally, due to the rising environmental concerns, the Government of India is introducing various initiatives to encourage organic shrimp farming practices, which is offering lucrative growth opportunities to key players operating in the country.

According to "India Frozen Prawns Market Outlook, 2027-28", frozen prawns maintained its position as the top item of export, accounting for major market share of the total seafood exports by volume in 2021-22. Penaeus Vannamei shrimp currently holds the largest market share on account of its significant farming in the country. Present, size 31-40 shrimp accounts for the majority of the total market share. In the packaged frozen prawn's category, fewer revenues come from domestic market. However with the rising consumption of frozen prawns in India, the domestic market is expected to grow robustly in the coming three years. India frozen prawns market consists of players like West Coast Fine Foods (Cambay tiger), Al Kabeer, Apex Frozen Food, Avanti Frozen Food, Forstar, Gadre Marine Export, IFB Agro, Innovative Foods and ITC Limited. There are two end users for the domestic market viz. Retail and HoReCa. Frozen prawns come in four types of size like small, medium, large and jumbo. Small frozen prawns are popular in the domestic market due to their high demand in retail as well as HoReCa segments.

One of the main trends seen in the India shrimp market is the growth of the food industry due to the growing demand for ready-to-eat food items. It is driven by factors including rapid urbanisation, shifting habits, hectic work schedules, and growing number of working women. As a result, the shrimp market in India is experiencing healthy production. In addition, the growing demand for shrimp globally has positively affected imports of shrimp from India. Moreover, the growing consumer health consciousness, rising disposable incomes, and improving living standards remain some of the other primary factors that are further increasing the demand for shrimps in India.

India exports a large amount of marine products to various countries. However, barely 5% of India's seafood exports are in the processed form; most exports are in the form of frozen seafood. Approximately, half of the seafood revenue comes from the export market and the rest from domestic. The tastes and habits of the consumers in India are changing, especially in seafood. Previously, seafood was majorly consumed in the coastal regions of India. However, it is now becoming popular across all the regions, even in interior. This scenario gives indication of the better growth of domestic seafood industry. The young generation prefers ready to cook and ready to eat seafood due to its cooking convenience. Thus, customers have started accepting seafood products like fish, prawns, etc. in the frozen form due to its good quality and availability throughout the year. However, per capita consumption in India still remains extremely low as compared to other countries.

In terms of production of prawns, Andhra Pradesh tops the chart followed by West Bengal and Tamil Nadu. The Government of India has focussed on various policy initiatives in infrastructure and tax system including cold chain industry and frozen seafood exports. A lot of government initiatives have led to a drastic improvement in the supply chain network and cold chain facilities in India. After the implementation of GST, frozen seafood's have been quoted under 5% tax slab. With the government relaxing custom duties on machinery and transport equipment that is associated with frozen seafood, the cost of supply chain operation would come down and this will in turn invite more national and international brands to enter various products categories. Since the industry is still in its nascent stages, frozen prawns are expected to lead the growth in constant values sales over the forecast period.

Considered in this report
• Geography: India
• Base year: FY 2021-22
• Estimated year: FY 2022-23
• Forecast year: FY 2027-28

Aspects covered in this report
• India Frozen Prawns market with segment along with value, segments and forecast
• Product price and variant analysis
• Various divers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation

By Type of Prawn covered in the report
• L. Vannamei
• Tiger
• Scampi
• Others

By Size of Prawn covered in the report
• Small
• Medium
• Large
• Jumbo

By Packaging type covered in the report
• Polypack
• Polypack &Thermocol
• Can

By End User covered in the report
• Retail
• HoReCa

By Demographics covered in the report
• Rural
• Urban

By Regions covered in the report
• West
• East
• North
• South

Approach of the report:
Bonafide Research performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the Sun Care Market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.
Bonafide Research seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of Indian government. Using both primary and secondary information, Bonafide Research calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of sun care products were recorded and subsequently forecasted for the future years.

Intended Audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to frozen prawns, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.



What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

Make this report your own

Have queries/questions regarding a report?

Take advantage of intelligence tailored to your business objective

Manmayi Raval

Manmayi Raval

Research Consultant

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Manmayi Raval

Companies Mentioned

  • Al Kabeer Exports Private Limited
  • Apex Frozen Food Limited
  • Avanti Frozen Food Private Limited
  • Britto Seafood Exports Private Limited
  • Forstar Frozen Foods Private Limited
  • Gadre Marine Export Private Limited
  • IFB Agro Industries Limited
  • Innovative Foods Limited
  • ITC Limited
  • West Coast Fine Foods (India) Private Limited

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. India Macro Economic Indicators
  • 2.8. Demographics Insight
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. India Seafood Market Outlook
  • 4.1. Market Size By Value
  • 4.2. Export Scenario
  • 4.2.1. By Value
  • 4.2.2. By Volume
  • 4.2.3. By Country
  • 4.3. By Production
  • 5. India Prawns Market Outlook
  • 5.1. Market Size By Value
  • 5.2. By Volume
  • 6. India Fresh Prawns Market Outlook
  • 6.1. Market Size & Forecast
  • 6.1.1. By Value
  • 6.1.2. By Volume
  • 6.2. By Production
  • 7. India Frozen Prawns Market Outlook
  • 7.1. Market Size & Forecast
  • 7.1.1. By Value
  • 7.1.2. By Volume
  • 7.2. Domestic Frozen Prawns Market Outlook
  • 7.2.1. Market Size
  • 7.2.1.1. By Value
  • 7.2.1.2. By Volume
  • 7.2.2. Market Share
  • 7.2.2.1. By Region
  • 7.2.2.2. By End User
  • 7.2.2.3. By Size Of Prawns
  • 7.2.2.4. By Prawns Type
  • 7.2.2.5. By Packaging Type
  • 7.2.2.6. By Company
  • 7.3. Product Price & Variant Analysis Of Top Players
  • 7.4. Potential By States (High Demand VS Low Demand)
  • 8. Trade Dynamics
  • 8.1. Import
  • 8.2. Export
  • 9. Market Dynamics
  • 9.1. Drivers
  • 9.2. Challenges
  • 10. Market Trends & Developments
  • 10.1. Spreading Out Of Modern Retail Formats
  • 10.2. Young Population Seeking Convenience and Novelty
  • 10.3. Increasing Demand Of Seafood In HoReCa Segment
  • 10.4. Rising Consumer Preferences For Frozen Non-Vegetarian Products
  • 10.5. Major Non-Vegetarian population In Indi
  • 11. Competitive Landscape
  • 11.1. Porter`s Five Forces
  • 11.2. Company Profiles
  • 11.2.1. Al Kabeer Exports Private Limited.
  • 11.2.1.1. Company Snapshot
  • 11.2.1.2. Company Overview
  • 11.2.1.3. Financial Highlights
  • 11.2.1.4. Geographic Spread and Distribution network
  • 11.2.1.5. Business Segment & Performance
  • 11.2.1.6. Product Portfolio
  • 11.2.1.7. Key Executives
  • 11.2.1.8. Strategic Moves & Developments
  • 11.2.2. Apex Frozen Food Limited.
  • 11.2.3. Avanti Frozen Food Private Limited
  • 11.2.4. Britto Seafood Exports Private Limited
  • 11.2.5. Forstar Frozen Food Private Limited
  • 11.2.6. Gadre Marine Export Private Limited
  • 11.2.7. IFB Agro Industries Limited
  • 11.2.8. Innovative Foods Limited
  • 11.2.9. ITC Limited
  • 11.2.10. West Coast Fine Foods (India) Private Limited
  • 12. Strategic Recommendation’s
  • 13. Disclaimer

List of Table
Table 1: India Tier-wise Classification of Cities
Table 2: India Region-wise Classification of Cities
Table 3: India Seafood market Share By Company (2016-17, 2021-22 & 2027-28F)
Table 4: India Domestic Frozen Prawns market Share By Company (2016-17, 2021-22 & 2027-28F)
Table 5: HS Code for Frozen Prawns Market in India 2021
Table 6: Import Duty Structure for HS Code XXXX in India 2021
Table 7: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 8: Import of HS Code XXXX in India - By Country By Value &Volume Share 2021-22
Table 9: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 10: Export of HS Code XXXX in India - By Country By Value &Volume Share 2021-22

List of Figures
Figure 1: India Population 2017-2021( In Crore)
Figure 2: India Population Age Structure (EST. 2019)
Figure 3: India Urban VS Rural (Crore)
Figure 4: India Seafood Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 5: India Export Scenario Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 6: India Export Scenario Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 7: Production Of Seafood In India By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 8: India Prawns Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 9: Indi Prawns Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 10: India Fresh Prawns Market Size & Forecast By Value 2016-17 to 2027-28F (in INR Crore)
Figure 11: India Fresh Prawns Market Size & Forecast By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 12: Production Of Fresh Prawns In India By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 13: India Frozen Prawns Market Size & Forecast By Value 2016-17 to 2027-28F (in INR Crore)
Figure 14: India Frozen Prawns Market Size & Forecast By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 15: India Domestic Frozen Prawns Market Size & Forecast By Value 2016-17 to 2027-28F (in INR Crore)
Figure 16: India Domestic Frozen Prawns Market Size & Forecast By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 17: India Domestic Frozen Prawns Share By Value, By Region,( 2016-2017, 2021-22 & 2027-28F)
Figure 18: India Domestic Frozen Prawns Market Share By Value, By End User, (2016-17, 2021-22 & 2027-28F)
Figure 19: India Domestic Frozen Prawns Market Share By Size Of Prawns (2021-22 to 2027-28F)
Figure 20 India Domestic Frozen Prawns Market Share By Prawns Type (2021-22 to 2027-28F)
Figure 21: India Domestic Frozen Prawns Market Share By Packaging Type (2021-22 to 2027-28F)
Figure 22: Porter's Five Forces of India Frozen Prawns Market
Figure 23: Market attractiveness Index, By Region 2027
Figure 24: Market attractiveness Index, By Segment 2027

Feed Phosphate Market Research FAQs

In India, people all across the country enjoy prawns in multiple recipes across regions. From being a superstar ingredient in Chettinad and curries of Kerala, malai curries of West Bengal, Punjabi prawn curries, and tikkas of north India to authentic and traditional Goan Balchao of Goa.

Andhra Pradesh is the largest producer of shrimp in the country and most of the seafood is exported to other countries. China is the second-largest importer of shrimp from India after the USA.

Goa, the party capital of India, is also known for its eclectic dining scene. One of the best things to try here is the seafood, and you get that in abundance. From small time diners to bigger restaurants, seafood is everywhere in Goa.

China is the main importer of Indian ribbon fish, accounting for 20% of total fish exports from India.
Logo

India Frozen Prawns Market Outlook, 2027-28

Contact usWe are friendly and approachable, give us a call.