Overview of Aquaex India 2023

Date & Venue:

Aquaex India 2023 is scheduled to take place from November 2-4, 2023, at the VMRDA Grounds, Bhimavaram, Andhra Pradesh, India.

About:

Aquaex India 2023 is a premier trade fair focused on the fisheries and aquaculture industries. This event serves as a critical platform for stakeholders across the value chain, providing opportunities for knowledge exchange, networking, and showcasing the latest innovations in the field. The event aims to foster growth in the aquaculture sector by bringing together key players, from small-scale farmers to large industry leaders.

Industry Segments:

Fisheries, Aquaculture, Aquafeed, Aquatic Health, Processing and Packaging, Technology and Equipment, Marketing and Export, Financial Services.

Market Size & Overview of the Industry Segment:

India’s aquaculture sector is one of the fastest-growing industries, contributing significantly to the global fish production. The country ranks second in aquaculture and third in fish production worldwide. The industry has been expanding rapidly due to increasing demand for seafood, technological advancements, and government support. The market is valued at over $15 billion and is expected to grow at a compound annual growth rate (CAGR) of 7-8% over the next five years. This growth is driven by rising domestic consumption, exports, and the adoption of sustainable practices.

Attendance & Participation:

Aquaex India 2023 is expected to attract over 25,000 visitors, including industry professionals, government representatives, researchers, and investors. More than 200 exhibitors from various countries are anticipated to participate, making it a truly global event.

Who Should Visit:

The event is ideal for aquaculture farmers, feed manufacturers, processors, exporters, technology providers, equipment manufacturers, researchers, policy-makers, and investors. Anyone involved in or interested in the fisheries and aquaculture sectors will find valuable insights and opportunities at Aquaex India 2023.

Exhibitor Analysis of Aquaex India 2023

Top 5 Major Exhibitors:

Aries Agro Limited - Founded in 1969 by Dr. T. B. Mirchandani and Mrs. Bala Mirchandani, Aries Agro Limited specializes in the manufacturing of micronutrients and customized nutritional products for plants and animals. The company pioneered the concept of chelated micronutrients in India with products like Agromin and Chelamin. Aries Agro is committed to innovation, quality, and sustainability, offering a wide range of products including slow-release fertilizers, water-soluble NPK fertilizers, and urban farming solutions.
RNK Feeds - RNK Feeds, a part of the RNK Agro & Chemicals Pvt. Ltd., is a leading manufacturer and supplier of animal nutrition products in India. Established under the guidance of the Rohit Kedia group, the company has pioneered in the aquaculture feed sector with brands like 'Sunny' for shrimp feed and 'Aruna' for fish feed. RNK Feeds is renowned for its high-quality, nutritionally balanced products that comply with international quality standards and are registered as antibiotic-free. The company operates state-of-the-art manufacturing plants and follows GMP practices to ensure superior product quality.
Garware Technical Fibres Ltd. - Garware Technical Fibres Ltd., formerly known as Garware-Wall Ropes Ltd., is a leading player in the technical textiles sector. Established in 1976, the company provides innovative solutions in high-performance aquaculture cage nets, fishing nets, sports nets, safety nets, agricultural nets, coated fabrics, synthetic ropes, and geosynthetics. With a strong focus on quality and sustainability, Garware Technical Fibres serves a wide range of industries and has a global presence.
Unibait Feeds Pvt. Ltd. - Established in 2015, Unibait Feeds Pvt. Ltd. is a leading manufacturer of aquaculture feed products, including prawn, shrimp, and fish feeds. The company has a technological collaboration with INVIVO NSA from France, which specializes in aqua feed nutrition. Unibait Feeds is committed to innovation and quality, ensuring high standards in its products to support the aquaculture industry effectively.
Champak Magazine - Started in 1968, Champak is India's largest selling children's magazine, published in 8 languages and reaching over 6 million kids. It offers stories, activities, and fun for children, aimed at enhancing creativity and imagination.

Participating Countries:

Total Participating Countries: 14
Top 5 Countries by Company Count:

India: 71% of total companies
USA: 14% of total companies
United Kingdom: 3% of total companies
China: 2% of total companies
Germany: 1% of total companies

Major Types of Companies:

Total Number of Company Types: 36
Top 5 Company Types by Percentage:

Equipment Manufacturing: 57%
Technology Services: 20%
Food Processing: 18%
Consulting Services: 10%
Farming: 8%

Major Product Categories:

Total Number of Product Categories: 201
Top 5 Product Categories by Percentage:

Livestock Feed and Supplements: 11%
Agricultural Machinery and Equipment: 6%
Poultry: 4%
Food Processing Machines and Equipment: 4%
Aquaculture Equipment: 3%

Major Product Items:

Total Number of Unique Product Items: 618
Top 15 Product Items: Shrimp Feed, Infrastructure Development, Healthcare Services, Poultry Feed, Fish Feed, Fishing Nets, Educational Services, Savings Accounts, Fixed Deposits, Credit Cards, Livestock Feed, Aerators, Water Pumps, Agricultural Equipment, Aquaculture Equipment.

This analysis provides a comprehensive view of the major exhibitors, the countries they represent, the types of companies present, the categories they belong to, and the key products they offer at Aquaex India 2023.

Exhibiting Countries of Top 5 Company Types

Equipment Manufacturing - India, USA
Technology Services - India, USA
Food Processing - India, USA
Consulting Services - India, USA
Farming - India, USA

Exhibiting Countries of Top 5 Product Categories

Livestock Feed and Supplements - India, USA
Agricultural Machinery and Equipment - India, USA
Poultry - India, USA
Food Processing Machines and Equipment - India, USA
Aquaculture Equipment - India, USA

Exhibiting Countries of Top 10 Products

Shrimp Feed - India
Infrastructure Development - India, USA
Healthcare Services - India, USA
Poultry Feed - India, USA
Fish Feed - India, USA
Fishing Nets - India
Educational Services - India, USA
Savings Accounts - India, USA
Fixed Deposits - India, USA
Credit Cards - India, USA

Top 5 Exhibiting Countries and their Product Details

India
Equipment Manufacturing, Food Processing, Technology Services
Livestock Feed and Supplements, Poultry, Aquaculture Equipment
Shrimp Feed, Poultry Feed, Fish Feed
USA
Technology Services, Equipment Manufacturing, Consulting Services
Debt Collection Services, Information Technology, Healthcare
Infrastructure Development, Healthcare Services, Educational Services
United Kingdom
Consulting Services, Technology Services, Healthcare
Consulting and Professional Services, Information Technology
Veterinary Services, Diagnostic Technologies, Educational Services
China
Equipment Manufacturing
Aerators, Water Pumps, Air Blowers
Paddlewheel Aerators, Air Jet Aerators, Floating Aerators
Germany
Financial Services, Equipment Manufacturing, Technology Services
Health Insurance Services, Agricultural Machinery and Equipment
Health Insurance Plans, Emergency Medical Coverage

Key Highlights of Aquaex India 2023

Key Industry Segments:

Aquaex India 2023 encompasses a wide range of industry segments critical to the fisheries and aquaculture sectors. The key industry segments featured at the trade show include:

Fisheries: Focused on sustainable fishing practices, capture fisheries, and the management of fishery resources. This segment is vital for addressing the growing demand for seafood and ensuring the sustainability of marine and inland water resources.
Aquaculture: A rapidly expanding segment that includes the farming of fish, shrimp, and other aquatic organisms. This segment is crucial for meeting the global demand for seafood and reducing the pressure on wild fish stocks.
Aquafeed: A critical component in the aquaculture industry, the aquafeed segment includes the production and distribution of high-quality feed for fish and shrimp. Innovations in feed formulation and nutrition are key drivers in this segment.
Aquatic Health: This segment focuses on the health management of farmed aquatic species, including disease prevention, diagnostics, and treatment. It plays a significant role in ensuring the sustainability and profitability of aquaculture operations.
Processing and Packaging: The processing and packaging segment covers the post-harvest handling, processing, and packaging of fish and seafood products. This segment is essential for adding value to the products and extending their shelf life.
Technology and Equipment: This segment includes the latest technological advancements and equipment used in fisheries and aquaculture, such as water quality management systems, aerators, feeders, and other farm equipment.
Marketing and Export: Focused on the promotion and export of aquaculture products, this segment is vital for connecting producers with global markets and enhancing the value chain.
Financial Services: This segment covers the financial products and services available to support the aquaculture industry, including insurance, loans, and investment opportunities.

Market Trends:

Sustainability Focus: One of the most prominent trends at Aquaex India 2023 is the industry's shift towards more sustainable practices. This includes the adoption of environmentally friendly technologies, better resource management, and a focus on reducing the environmental impact of aquaculture.
Technological Advancements: The integration of advanced technologies such as IoT, AI, and automation in aquaculture operations is a significant trend. These technologies are being used to monitor water quality, automate feeding systems, and improve overall farm management, leading to increased efficiency and productivity.
Health Management: There is a growing emphasis on aquatic health management, with a focus on preventing diseases and improving the overall health of farmed species. Innovations in diagnostics, vaccines, and health monitoring tools are driving this trend.
Expansion of Aquaculture: The expansion of aquaculture, particularly in inland and coastal regions, continues to be a major trend. This growth is driven by the increasing demand for seafood and the need to supplement traditional capture fisheries with farmed products.
Export-Oriented Growth: With global demand for seafood on the rise, there is a strong focus on enhancing the export capabilities of Indian aquaculture products. This trend is supported by government initiatives, improved quality standards, and strategic marketing efforts.
Feed Innovation: The development of more efficient and sustainable feed options is another key trend. Companies are investing in research and development to create feeds that not only enhance growth rates but also improve the health and sustainability of farmed species.
Value-Added Products: There is a noticeable trend towards producing value-added products in the aquaculture sector. This includes ready-to-cook and ready-to-eat seafood products, which cater to the growing demand for convenience foods in both domestic and international markets.

These key highlights reflect the dynamic nature of the aquaculture industry and the role that Aquaex India 2023 plays in driving innovation and growth within the sector.

Aquaex India 2023: Exhibitors