World aquaculture production is 80 million tonnes with China being the largest producer in the world that produces 49 million tonnes of seafood and India stands at the production of 5 million tonnes.
Indian aquaculture industry has grown six-fold in the past two decades. With 2.36 million hectares of ponds and tanks, a coastline of 7,500 km, and a brackish water area of 1.1 million
India ranks second in aquaculture production and the shrimp industry has grown at a CAGR of 25% in the last 8 years after the introduction of Vannamei species.
Presently, there are two species of shrimp (P. mondon & P. vannamei) and a few species of finfish being cultivated like carp, catfish. Recently, number of new species like pangas, tilapia, pabda, magur, murrels, anabas, and minor carps are been introduced.
The total volume of manufactured feed sold in the country in 2010 was 60,000 T of pelleted fish feed and 3,72,000 T of extruded floating feed.