Shrimp exporters eye value-addition, expand offerings

Indian shrimp exporters are increasingly shifting focus toward value-addition as global demand trends evolve and competition intensifies.

- Vijay C Roy & Dhirendra Kumar

The shift aims to boost shrimp firms' margins.

(REUTERS)

With it, exporters are broadening their product portfolios to include ready-to-cook and ready-to-eat shrimp offerings.

"This strategic move is aimed at boosting margins, reducing dependence on commodity-grade exports, and tapping into the growing preference for convenience foods across the US, Europe, and East Asia—India’s key seafood markets," said two government officials in the know.