Product Code: ETC387624 | 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 Salmon Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 14.04% in 2025 and reaches 45.25% by 2029.
Salmon farming is still relatively new to India but has seen rapid growth over the last decade as consumer demand increases both domestically and abroad; salmon export volumes have increased threefold between 2011-12 and 2017-18 reaching 9400 MTs valued at Rs 225 crores in 2017-18 making it one of the fastest growing commodities within India aquaculture trade arena. Nearly 44%of these exports went to South East Asia with Vietnam being the biggest importer while Gulf countries account for another 34%. However despite this growth figures remain small compared to international standards like Norway which exported 1500000MTs valued at 15 billion euros during 2018 alone.
The India salmon market has seen significant growth in recent years, primarily driven by the changing dietary preferences and an increasing awareness of the health benefits of salmon consumption. The high nutritional value of salmon, rich in omega-3 fatty acids and protein, has made it a popular choice among health-conscious consumers. The expansion of modern retail channels and an increase in the import of salmon products have further propelled market growth.
The salmon market in India encounters several obstacles, primarily related to the absence of local production and high import costs. Salmon is not native to India waters, leading to heavy reliance on imports, which can be expensive and subject to market fluctuations. Additionally, consumer preferences and culinary habits may not be well-aligned with salmon consumption, further limiting demand. Developing cost-effective sourcing strategies and raising awareness about the nutritional benefits of salmon are essential to foster market growth.
The salmon market in India has been witnessing a surge in demand, fueled by increasing health consciousness and a growing preference for premium seafood options. The Covid-19 pandemic initially disrupted salmon imports, leading to fluctuations in supply and prices. However, as trade resumes and consumer confidence returns, the market is expected to recover, given the rising interest in salmon as a healthy and versatile protein source.
The India salmon market has expanded with the growing appreciation for its nutritional value and taste. Key players like Pescafresh and Zorabian contribute to the availability of salmon products and the development of this market segment.