Guangdong Hengxing Group is one of the leading aquafeed companies in China and has been the leader of the Chinese shrimp feed market for many years.
In 2020, the production volume of the giant tiger shrimp in China was 100,000 tonnes, with annual production expected to surge to 500,000 tonnes within the next five years.
Aquaculture is one of the fastest-growing sectors globally, and India accounts for about 15% of it.
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