| Product Code: ETC7543442 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s fish protein import market in 2024 was dominated by top exporters including China, USA, Belgium, Netherlands, and Metropolitan France. The market showed a high concentration level with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a significant 13.01%, indicating a strong upward trend in demand for fish protein imports. Although the growth rate slightly slowed in 2024 compared to the previous year, the overall market remains robust and promising for continued expansion in the near future.

The India Fish Protein Market is experiencing steady growth driven by increasing consumer awareness of the health benefits associated with fish protein consumption. The market is characterized by a diverse range of products including fish protein isolates, fish protein hydrolysates, and fish peptides, catering to various nutritional needs and applications in the food and beverage industry. The rising demand for functional foods and dietary supplements, coupled with the growing trend of plant-based diets, is also contributing to the market expansion. Key players in the India Fish Protein Market are focusing on product innovation, sustainable sourcing practices, and strategic partnerships to gain a competitive edge. Government initiatives promoting fish farming and aquaculture development are further bolstering market growth, making India a promising market for fish protein products.
The India Fish Protein Market is experiencing growth due to increasing consumer awareness about the health benefits of fish protein, such as being a rich source of omega-3 fatty acids. The market is also being driven by the rising demand for alternative protein sources among health-conscious consumers and those following vegetarian or flexitarian diets. Opportunities in the market include the development of innovative fish protein products, such as fish protein powders and supplements, to cater to the growing demand for convenient and functional food options. Additionally, the expansion of distribution channels, such as online retail platforms, can help reach a wider consumer base. Overall, the India Fish Protein Market shows promising potential for growth and innovation in the coming years.
In the India Fish Protein Market, some challenges faced include inadequate infrastructure for cold chain storage and transportation, leading to issues with maintaining the quality and freshness of fish products. Additionally, there is a lack of standardized regulations and quality control measures, which can impact consumer trust and market growth. Limited awareness among consumers about the nutritional benefits of fish protein compared to other sources can also hinder market expansion. Furthermore, fluctuating fish prices due to factors such as weather conditions, supply chain disruptions, and government policies can create uncertainty for both suppliers and buyers, affecting market stability and profitability. Overall, addressing these challenges through investments in infrastructure, regulatory frameworks, consumer education, and supply chain optimization will be crucial for the sustainable growth of the India Fish Protein Market.
The India Fish Protein Market is primarily driven by the increasing consumer awareness regarding the health benefits of fish protein, such as high protein content, essential amino acids, and omega-3 fatty acids. The growing health and fitness trend among the Indian population is driving the demand for fish protein as a healthier alternative to traditional protein sources. Additionally, the rising disposable income levels and changing dietary preferences towards protein-rich foods are further fueling the market growth. The government initiatives to promote sustainable fishing practices and aquaculture development are also contributing to the expansion of the fish protein market in India. Overall, the market is expected to continue growing due to the increasing focus on health and wellness among consumers in the country.
The Indian government has implemented various policies to support and regulate the fish protein market in the country. Some key policies include the National Fisheries Policy, which aims to promote sustainable fisheries management, increase fish production, and enhance the livelihoods of fisherfolk. Additionally, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) has been launched to modernize the fisheries sector, improve infrastructure, and boost fish production and productivity. The government also provides subsidies for aquaculture and fishing activities, as well as initiatives to promote export-oriented production. These policies demonstrate the government`s commitment to the growth and development of the fish protein market in India, ensuring food security, employment generation, and economic growth in the sector.
The India Fish Protein Market is poised for significant growth in the coming years due to increasing consumer awareness about the health benefits of fish protein and the rising demand for nutritious food products. Factors such as the growing popularity of fish-based diets, the expanding aquaculture industry, and the focus on sustainable fishing practices are expected to drive market growth. Additionally, the government`s initiatives to promote fish farming and improve infrastructure in the fisheries sector are likely to further boost the market. With the increasing disposable income of consumers and the trend towards healthier eating habits, the India Fish Protein Market is anticipated to experience a steady rise in demand and investments in innovation and product development, positioning it as a key player in the global fish protein market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Fish Protein Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fish Protein Market Revenues & Volume, 2021 & 2031F |
3.3 India Fish Protein Market - Industry Life Cycle |
3.4 India Fish Protein Market - Porter's Five Forces |
3.5 India Fish Protein Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 India Fish Protein Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.7 India Fish Protein Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Fish Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness among consumers about the benefits of fish protein |
4.2.2 Growth in disposable income leading to higher spending on premium food products like fish protein |
4.2.3 Rising demand for alternative protein sources due to increasing concerns about environmental sustainability |
4.3 Market Restraints |
4.3.1 Price volatility of fish protein due to factors like seasonality and supply chain disruptions |
4.3.2 Lack of awareness and availability of fish protein products in certain regions of India |
4.3.3 Competition from other protein sources like plant-based proteins and poultry products |
5 India Fish Protein Market Trends |
6 India Fish Protein Market, By Types |
6.1 India Fish Protein Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 India Fish Protein Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 India Fish Protein Market Revenues & Volume, By Concentrated, 2021- 2031F |
6.1.4 India Fish Protein Market Revenues & Volume, By Isolated, 2021- 2031F |
6.1.5 India Fish Protein Market Revenues & Volume, By Hydrolysate, 2021- 2031F |
6.2 India Fish Protein Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 India Fish Protein Market Revenues & Volume, By Meat Processing, 2021- 2031F |
6.2.3 India Fish Protein Market Revenues & Volume, By Bakery, 2021- 2031F |
6.2.4 India Fish Protein Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.2.5 India Fish Protein Market Revenues & Volume, By Clinical Nutrition, 2021- 2031F |
6.2.6 India Fish Protein Market Revenues & Volume, By Infant Formula, 2021- 2031F |
6.2.7 India Fish Protein Market Revenues & Volume, By Sports Nutrition, 2021- 2031F |
6.2.8 India Fish Protein Market Revenues & Volume, By Retail/Household, 2021- 2031F |
6.2.9 India Fish Protein Market Revenues & Volume, By Retail/Household, 2021- 2031F |
6.3 India Fish Protein Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Fish Protein Market Revenues & Volume, By Business to Business, 2021- 2031F |
6.3.3 India Fish Protein Market Revenues & Volume, By Business to Consumer, 2021- 2031F |
6.3.4 India Fish Protein Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.3.5 India Fish Protein Market Revenues & Volume, By Super Markets/ Hypermarkets, 2021- 2031F |
6.3.6 India Fish Protein Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.3.7 India Fish Protein Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
7 India Fish Protein Market Import-Export Trade Statistics |
7.1 India Fish Protein Market Export to Major Countries |
7.2 India Fish Protein Market Imports from Major Countries |
8 India Fish Protein Market Key Performance Indicators |
8.1 Consumer awareness and perception of fish protein as a healthy and sustainable protein source |
8.2 Growth in per capita consumption of fish protein products in India |
8.3 Expansion of distribution channels and availability of fish protein products in key regions across India |
9 India Fish Protein Market - Opportunity Assessment |
9.1 India Fish Protein Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 India Fish Protein Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.3 India Fish Protein Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Fish Protein Market - Competitive Landscape |
10.1 India Fish Protein Market Revenue Share, By Companies, 2024 |
10.2 India Fish Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |