| Product Code: ETC12106830 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s fishmeal import market saw a notable shift in 2024, with Norway, India, Thailand, Oman, and Malta emerging as the top exporting countries. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the CAGR from 2020-2024 was -23.23%, reflecting a decline. However, there was a remarkable growth rate of 34.63% from 2023-2024, signaling a potential resurgence in the market. These trends suggest a dynamic landscape for fishmeal imports in India, with opportunities for both domestic and international players to capitalize on evolving consumer demands.

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 Fishmeal Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fishmeal Market Revenues & Volume, 2021 & 2031F |
3.3 India Fishmeal Market - Industry Life Cycle |
3.4 India Fishmeal Market - Porter's Five Forces |
3.5 India Fishmeal Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Fishmeal Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 India Fishmeal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Fishmeal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the aquaculture industry in India |
4.2.2 Increase in demand for protein-rich animal feed |
4.2.3 Rising awareness about the nutritional benefits of fishmeal |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Environmental concerns related to overfishing |
4.3.3 Competition from alternative protein sources |
5 India Fishmeal Market Trends |
6 India Fishmeal Market, By Types |
6.1 India Fishmeal Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Fishmeal Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Fishmeal Market Revenues & Volume, By Fishmeal for Animal Feed, 2021 - 2031F |
6.1.4 India Fishmeal Market Revenues & Volume, By Fishmeal for Aquaculture, 2021 - 2031F |
6.1.5 India Fishmeal Market Revenues & Volume, By Fishmeal for Pet Food, 2021 - 2031F |
6.2 India Fishmeal Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 India Fishmeal Market Revenues & Volume, By Fish Species, 2021 - 2031F |
6.2.3 India Fishmeal Market Revenues & Volume, By Bycatch Species, 2021 - 2031F |
6.3 India Fishmeal Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Fishmeal Market Revenues & Volume, By Aquaculture, 2021 - 2031F |
6.3.3 India Fishmeal Market Revenues & Volume, By Livestock Feed, 2021 - 2031F |
6.3.4 India Fishmeal Market Revenues & Volume, By Pet Food, 2021 - 2031F |
6.3.5 India Fishmeal Market Revenues & Volume, By Fertilizers, 2021 - 2031F |
7 India Fishmeal Market Import-Export Trade Statistics |
7.1 India Fishmeal Market Export to Major Countries |
7.2 India Fishmeal Market Imports from Major Countries |
8 India Fishmeal Market Key Performance Indicators |
8.1 Average selling price of fishmeal in India |
8.2 Quantity of fishmeal exports from India |
8.3 Adoption rate of fishmeal in animal feed formulations |
8.4 Number of aquaculture farms using fishmeal in their operations |
8.5 Government regulations supporting sustainable fishing practices |
9 India Fishmeal Market - Opportunity Assessment |
9.1 India Fishmeal Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Fishmeal Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 India Fishmeal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Fishmeal Market - Competitive Landscape |
10.1 India Fishmeal Market Revenue Share, By Companies, 2024 |
10.2 India Fishmeal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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