Avanti Feeds Makes Strategic Move into Ecuador’s Booming Shrimp Market
In a significant development for the aquaculture industry, India’s Avanti Feeds has announced a $3 million (approximately €2.6 million) investment to acquire a 10 percent stake in Thai Union Feedmill Ecuador. This move signifies Avanti’s formal entry into the South American market, leveraging its long-established collaboration with Thailand’s Thai Union Feed Mill.
A Focus on Aquaculture
The Ecuador-based venture, which is currently in the process of incorporation, aims to specialize in the manufacture and distribution of aquafeed throughout the country. Thai Union Feed Mill is set to operate as the holding company for this new initiative.
Expanding Production Capabilities
Earlier this year, Thai Union, one of the world’s leading seafood conglomerates, announced its plans to invest up to $55 million (€51 million) in establishing an aquaculture feed production facility in Ecuador. This significant investment underscores the increasing importance of Ecuador in the global seafood supply chain.
Market Potential
Ecuador stands as the world’s largest exporter of shrimp, providing Avanti Feeds with a strategic opportunity to tap into this rapidly growing market. The transaction is also advantageous for Avanti, as it can proceed without the need for government approvals at this time.
Impressive Growth in Shrimp Exports
According to the Camara Nacional de Acuacultura (CNA), Ecuador’s shrimp exports surged by 15 percent in 2025, reaching a staggering 3.07 billion pounds, with China accounting for nearly half of that total. Furthermore, shrimp exports from Ecuador have more than quadrupled from 2015 to 2025, highlighting the remarkable growth trajectory in the sector.
This strategic move by Avanti Feeds not only positions the company well within the growing shrimp market but also strengthens its international footprint through a partnership with a leading global player in the seafood industry.
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