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

Market Forecast By Water temperature (Warmwater, Coldwater), By Type (Carp, Barbel, Cyprinid, Tilapia, Other Freshwater Fish), By Distribution (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, Others) And Competitive Landscape
Product Code: ETC386484 Publication Date: Aug 2022 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 Freshwater Fish Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s freshwater fish import market in 2024 continued to see a significant influx of shipments from top exporting countries including Indonesia, Thailand, Japan, Malaysia, and Taiwan. The market displayed a high level of concentration with a Herfindahl-Hirschman Index (HHI) remaining very high throughout the year. The compound annual growth rate (CAGR) from 2020 to 2024 stood impressively at 65.58%, indicating robust expansion. Furthermore, the growth rate from 2023 to 2024 was notable at 62.89%, showcasing a continued upward trajectory in freshwater fish imports for India.

India Freshwater Fish Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Freshwater Fish Market Synopsis

The India freshwater fish market is valued at around USD 2.8 billion and is expected to register a CAGR of 4.3% during the forecast period (2025-2031). The large demand for high-quality domestic fish in India, rising number of aquaculture farms, and improved availability of refrigerated transport facilities are some of the major drivers for this growth. Additionally, initiatives taken by seafood companies as well as governments have resulted in increased awareness regarding sustainable fishing practices which has positively impacted the industry.

Market Drivers of the market

The India freshwater fish market has experienced significant growth in recent years due to various driving factors. The country`s growing population and increasing demand for protein-rich foods have boosted the consumption of freshwater fish. Additionally, the rising awareness of the health benefits associated with fish consumption has further fueled the market`s expansion. Improved cold chain infrastructure and transportation facilities have made it easier to distribute freshwater fish across the country, even to remote areas. As a result, more consumers have gained access to these products, contributing to market growth. Furthermore, government initiatives and support for the aquaculture sector have played a crucial role in promoting freshwater fish farming and enhancing the supply chain.

Challenges of the Market

The freshwater fish market in India faces several challenges. One of the primary issues is the degradation of freshwater sources due to pollution and overexploitation. This leads to a decline in fish stocks and impacts the overall supply chain. Additionally, outdated and unregulated fishing practices often result in unsustainable harvesting, affecting the long-term viability of fish populations. The lack of proper infrastructure and cold chain facilities poses challenges for preserving the freshness of fish during transportation and storage. Moreover, the sector struggles with inadequate market linkages and marketing support, hindering the reach of freshwater fish to a broader consumer base. Addressing these challenges requires sustainable fishing practices, investments in infrastructure, and improved market access for fishermen and traders.

Covid-19 Impact on the Market

The India freshwater fish market has been a significant contributor to the country`s economy and food industry. With a diverse range of freshwater bodies, India has a rich variety of fish species that are consumed locally and exported internationally. However, the market faced challenges during the Covid-19 pandemic, as lockdowns and restrictions impacted transportation and supply chains. Despite these challenges, the demand for freshwater fish remained relatively stable due to the essential nature of food products.

Key Players of the Market

The India freshwater fish market is supported by a range of players, including both traditional fishermen and modern aquaculture farms. Some key players in this market include WestCoast Group, Devi Seafoods, Avanti Feeds, Apex Frozen Foods, and Nekkanti Sea Foods.

Key Highlights of the Report:

  • India Freshwater Fish Market Outlook
  • Market Size of India Freshwater Fish Market, 2024
  • Forecast of India Freshwater Fish Market, 2031
  • Historical Data and Forecast of India Freshwater Fish Revenues & Volume for the Period 2021-2031
  • India Freshwater Fish Market Trend Evolution
  • India Freshwater Fish Market Drivers and Challenges
  • India Freshwater Fish Price Trends
  • India Freshwater Fish Porter's Five Forces
  • India Freshwater Fish Industry Life Cycle
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Water temperature for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Warmwater for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Coldwater for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Carp for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Barbel for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Cyprinid for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Tilapia for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Other Freshwater Fish for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Distribution for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Convenience Stores for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Online Retail for the Period 2021-2031
  • Historical Data and Forecast of India Freshwater Fish Market Revenues & Volume By Others for the Period 2021-2031
  • India Freshwater Fish Import Export Trade Statistics
  • Market Opportunity Assessment By Water temperature
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Distribution
  • India Freshwater Fish Top Companies Market Share
  • India Freshwater Fish Competitive Benchmarking By Technical and Operational Parameters
  • India Freshwater Fish Company Profiles
  • India Freshwater Fish Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Freshwater Fish Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Freshwater Fish Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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