Avanti Feeds has officially entered the South American market by approving a USD3 million investment for a 10% stake in Thai Union Feedmill Ecuador. This strategic move strengthens their long-standing partnership with Thai Union and positions the company to tap into Ecuador’s booming shrimp production industry. Investors have reacted positively to this global expansion, with the stock price climbing to ₹1,224.00, reflecting a remarkable 192% growth over the last five years. By establishing a footprint in a major global aquaculture hub, Avanti Feeds continues to solidify its leadership and drive long-term value for its shareholders.
Avanti Feeds will invest in Thai Union Feedmill Ecuador S.A.S. (TFME). The company is yet to be formally incorporated. It will be registered in Ecuador, South America. TFME falls under the aquaculture industry. Its core business will be manufacturing and distributing aquaculture feed across Ecuador.
Thai Union Feed Mill Public Company Limited of Thailand will be the holding company. Thai Union is already an associate company and joint venture partner of Avanti Feeds. This existing relationship gives the new Ecuador venture a strong foundation. Both companies know each other well.
Why Ecuador matters
Ecuador ranks among the world’s largest shrimp exporters. Entering this market gives Avanti Feeds direct access to a growing region. Aquafeed demand in South America continues to rise steadily. This investment positions Avanti Feeds ahead of that growth curve. No government approvals are currently required for this move. The path forward looks clear and fast. (Source: Trade Brains®; Econ Trade Hub)
Avanti Feeds Limited (AVANTIFEED) is listed on India’s NSE. Avanti operates primarily in aquaculture, with its core businesses centred on shrimp feed manufacturing and shrimp processing for export. The company is one of India’s largest players in this sector, supported by vertically integrated operations and a strong nationwide farmer network.
It is a leader in India’s shrimp feed business, with more than 50% market share in 2025, according to industry. It has a joint venture with Thai Union Frozen Products PCL for its feed and seafood business and with Thai Union Hatcheries for its state-of-the-art hatchery in Visakhapatnam in Andhra Pradesh. It has six feed plants for fish and shrimp nationwide, five in Andhra Pradesh and one in Gujarat. It has announced an annual production capacity of 775,000 tonnes. Feed markets are India, Sri Lanka and Bangladesh.
It has 3 frozen shrimp processing units with an annual capacity of 28,000 tonnes. Export markets are the US, Europe, Middle East, Korea, Japan and China.
Avanti Feeds presented with the award for Fortune 500 India’s Largest Corporations in December 2020. The company has been featured in this prestigious list since 2015.
