Product Code: ETC386664 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Frozen Seafood Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 25.92% in 2026, following an initial rate of 24.77%, before easing to 22.11% at the end of the period.
The India frozen seafood market was valued at USD 3.3 billion in 2025 and is expected to reach a value of USD 4.5 billion by 2025, expanding at a CAGR of 5.8% during the forecast period (2025-2031). The growth of the industry is driven by increasing health awareness among consumers, rising demand for high-quality seafood products and growing disposable incomes in developing countries such as India. Furthermore, technological advancements have enabled companies to develop innovative products with extended shelf life which further boosts the demand for frozen seafood across India.
The India frozen seafood market has witnessed robust growth, driven by multiple factors. The increasing awareness of the health benefits of seafood consumption, coupled with the convenience of frozen products, has resulted in a growing demand for frozen seafood in the country. The availability of a wide range of frozen seafood varieties, including fish, shrimp, crab, and squid, caters to diverse consumer preferences and culinary needs. With the expansion of the food processing sector, more seafood products are being processed and frozen, enhancing market growth. The growing popularity of international cuisines, which often include seafood dishes, has also spurred the demand for frozen seafood products in India.
The frozen seafood market in India confronts a range of challenges affecting its overall development. Like other frozen fish products, maintaining the freshness and quality of seafood during freezing, storage, and transportation is a key challenge. The diversity of seafood products requires specialized handling and freezing techniques, which might be lacking in certain regions. Furthermore, compliance with international quality and safety standards becomes crucial for accessing export markets. Inconsistent policies and regulations related to seafood processing and trade can also create hurdles for industry players. To harness the potential of the frozen seafood market, investment in advanced processing facilities, adherence to global quality standards, and regulatory harmonization are necessary.
The frozen seafood market in India has experienced significant expansion, driven by increasing disposable incomes, urbanization, and changing food habits. Frozen seafood offers a wide range of options, including fish, shrimp, crab, and other shellfish, making it a popular choice among consumers. However, the Covid-19 pandemic brought disruptions to the market. Closure of restaurants, hotels, and catering services resulted in reduced demand from the HoReCa (hotel, restaurant, and catering) sector, while the retail segment witnessed fluctuations due to changing consumer behaviors during lockdowns.
The India frozen seafood market is characterized by both integrated seafood companies and export-oriented processors. Key players include Gadre Marine Export, Tristar Group, Zorabian Foods, Sandhya Marines, and IFB Agro Industries.