Although aquaculture production more than doubled, reaching 6.8 million tonnes in 2020 from 3.1 million tonnes in 1990 in the 67 high-income countries that reported the data (population of 1.32 billion), its contribution to the total production of fisheries and aquaculture was just 23 percent in 2020 (up from 7.6 percent in 1990). Its contribution would be even smaller, though, if capture production hadn’t dropped by 40.1 percent during that time (from 38.1 million tonnes to 22.8 million tonnes).
Regarding its contribution to total fisheries production, aquaculture development has not advanced significantly in the 26 low-income countries that reported data on the sector (0.86 billion people), the majority of which are in sub-Saharan Africa. Aquaculture contributed only 8% of total production in 2020, a marginal increase from 3.7 percent in 1990.
Global inland aquaculture production in 2020 was 54.4 million tonnes, or 44.4 percent of the world’s total aquaculture production of algae and animal species. Of these, 62.2 percent came from inland farming of aquatic animal species. In inland aquaculture, the farming of finfish species outnumbers the farming of all other species groups both regionally and globally. Nonetheless, there are significant regional variations in the non-finfish groups’ development state and composition pattern.
List of Top 5 Aquaculture in India (BSE) based on Net Sales.
| Company Name | Net Sales (Rs. cr) |
| Avanti Feeds | 4,041.36 |
| Apex Frozen | 1,070.30 |
| Zeal Aqua | 362.69 |
| Coastal Corp | 336.82 |
| Waterbase | 304.08 |
Source: BSE, India, last updated 28 February, 2024
This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:
Reference:
1. Krishnan, M., & Birthal, P. S. (2002). Aquaculture development in India: An economic overview with special reference to coastal aquaculture. Aquaculture Economics & Management, 6(1-2), 81-96.
2. Nadarajah, S., & Flaaten, O. (2017). Global aquaculture growth and institutional quality. Marine Policy, 84, 142-151.
3. Pallapothu, M. (2012). Aquaculture industry analysis and market attractiveness of fish vaccines in India.
4. Chamundeswari, R., & Brindha, G. (2023). Evaluation Of Problems Aquaculture Industry in India-An Analytical Study. Journal of Survey in Fisheries Sciences, 10(4S), 1139-1153.
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The current status of the Indian and global aquaculture industries can be better understood by reading this article.