In 2023, the import of meals, flour, and pellets of seafood for animal feed to India was valued at an estimated 25.8 million USD. The forecast from 2024 to 2028 indicates a steady increase in imports, with values rising from 26.612 million USD in 2024 to 29.656 million USD in 2028. This represents a compound annual growth rate (CAGR) over the five-year period of approximately 2.75%, highlighting a consistent and moderate growth pattern.

Future trends to monitor include:

The growing demand for high-quality animal feed, influenced by consumer preference towards organic and sustainable livestock products.
The impact of global seafood supply chain dynamics and trade policies on import costs.
Technological advancements in feed production that could alter import quantities.
Environmental policies affecting seafood harvesting and processing.