Volume 6 | Issue -14
Volume 6 | Issue -14
Volume 6 | Issue -14
Volume 6 | Issue -14
Volume 6 | Issue -14
This study aims to estimate shrimp production in India's coastal states, evaluate its nutritional benefits, and examine India’s role as a shrimp exporter in the global arena. Utilizing secondary data from 2015-16 to 2020-21 sourced from various Indian aquaculture authorities, the study employs Growth Rate Analysis, Pearson Correlation Analysis, and a Fixed Effects Regression Model. Significant variations in shrimp production and cultivation areas were observed across states. A moderate positive correlation (r = 0.486) between Area Under Cultivation (AUC) and Estimated Production (EP) was found, and the Fixed Effects Regression Model indicated that a 1-hectare increase in cultivation area corresponds to a 5.72-ton increase in shrimp production, with an adjusted R-squared value of 0.88. The study highlights shrimp's nutritional benefits as a high-quality protein source. Economically, India’s shrimp exports grew from $9706.36 million in 2012-13 to $42706.04 million in 2021-22, reinforcing economic stability and securing the second position in global shrimp exports with a 21.2% market share in 2022. The study concludes that India’s strategic initiatives in shrimp farming, aligned with global food security goals, underscore the importance of technological innovation, sustainable practices, and stakeholder collaboration, significantly contributing to nutritional security and economic development.