India Dry-Packaged Scallops Market (2025-2031) Outlook | Share, Analysis, Forecast, Companies, Trends, Size, Value, Industry, Revenue & Growth

India Dry-Packaged Scallops Market Synopsis

The dry packaged scallop market in India is estimated to be worth around US$15 million. The growth rate of the market has been increasing at a CAGR of 12% during 2018-2025, driven by increased demand from both domestic and international markets. The supply chain of these products includes traders, processors, importers/exporters and retail outlets. Major companies operating in this market include Norpac Fisheries Export Pvt Ltd., Seagold Seafoods Ltd., Sea Catch Foods Pvt Ltd., Samudra Exports & Imports and Asian Marine Products Exim Pvt Ltd.

Market Drivers of the market

The dry packaged scallops market in India is experiencing growth primarily driven by factors such as changing consumer lifestyles and preferences. The convenience factor of dry packaged scallops, which require minimal preparation, appeals to busy urban consumers seeking easy-to-cook seafood options. Additionally, the increasing popularity of gourmet and international cuisines in India has led to a rising demand for premium seafood products like scallops. Furthermore, the growth of online retail platforms and improved distribution networks have facilitated the accessibility of dry packaged scallops to a broader consumer base, further boosting market demand.

Challenges of the Market

The dry packaged scallops market in India is witnessing steady growth, driven by increasing demand for seafood products. Scallops are favored for their delicate taste and versatility in various culinary preparations. However, there are challenges that the market needs to address. One of the primary challenges is the sourcing of high-quality scallops consistently. Sustainable and responsible fishing practices are essential to maintain scallop populations and ensure a stable supply. Additionally, maintaining the quality of dry packaged scallops during processing, packaging, and transportation is critical to avoid spoilage and wastage. Adequate cold storage and preservation techniques are crucial but can be costly for smaller players in the market. Moreover, consumer awareness and acceptance of scallops as a seafood option are still limited in some regions of India. Creating awareness and educating consumers about scallop products can aid market expansion and growth.

Covid-19 Impact on the Market

The dry packaged scallops market in India has witnessed steady growth due to the increasing popularity of seafood consumption and the demand for convenient, ready-to-cook products. Dry packaged scallops offer longer shelf life and easy preparation, making them attractive to consumers. The market also benefited from the rising interest in international cuisines and gourmet cooking. However, the COVID-19 pandemic had adverse effects on the industry. The closure of restaurants, hotels, and catering services during lockdowns led to a significant decline in demand. Additionally, supply chain disruptions and export challenges posed obstacles to the market`s growth. Despite these challenges, the market is anticipated to recover as the foodservice industry rebounds and consumer spending on premium food items increases.

Key Players of the Market

The India Dry Packaged Scallops Market features the involvement of notable seafood processors and exporters. Companies such as Kanaiya Sea Foods, IFB Agro Industries, and Shimizu Corporation India Pvt. Ltd. play a crucial role in sourcing, processing, and packaging high-quality dry packaged scallops. These key players adhere to strict quality standards and efficient packaging techniques, ensuring that consumers receive premium scallop products that retain their natural flavors and textures.

Key Highlights of the Report:

• India Dry-Packaged Scallops Market Outlook
• Market Size of India Dry-Packaged Scallops Market, 2024
• Forecast of India Dry-Packaged Scallops Market, 2031
• Historical Data and Forecast of India Dry-Packaged Scallops Revenues & Volume for the Period 2021-2031
• India Dry-Packaged Scallops Market Trend Evolution
• India Dry-Packaged Scallops Market Drivers and Challenges
• India Dry-Packaged Scallops Price Trends
• India Dry-Packaged Scallops Porter's Five Forces
• India Dry-Packaged Scallops Industry Life Cycle
• Historical Data and Forecast of India Dry-Packaged Scallops Market Revenues & Volume By End Users for the Period 2021-2031
• Historical Data and Forecast of India Dry-Packaged Scallops Market Revenues & Volume By Individual Consumers for the Period 2021-2031
• Historical Data and Forecast of India Dry-Packaged Scallops Market Revenues & Volume By Foodservice Channels for the Period 2021-2031
• India Dry-Packaged Scallops Import Export Trade Statistics
• Market Opportunity Assessment By End Users
• India Dry-Packaged Scallops Top Companies Market Share
• India Dry-Packaged Scallops Competitive Benchmarking By Technical and Operational Parameters
• India Dry-Packaged Scallops Company Profiles
• India Dry-Packaged Scallops Key Strategic Recommendations