Product Code: ETC387864 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India smoked salmon market import shipment demonstrated robust growth with a high CAGR from 2020 to 2024. However, there was a slight decline in growth rate between 2023 and 2024, indicating a possible stabilization or a temporary slowdown in the market's expansion.
The India smoked salmon market was valued at approximately US$ 21 million in 2025 and is expected to grow at a CAGR of 7.6% during the forecast period 2025-2031. The rising demand for healthy food options, changing lifestyle patterns, increasing disposable income, growing health awareness among consumers, and increased urbanization are the key factors driving the growth of this market. Additionally, the availability of a variety of flavors and intensities in cold-smoked salmon products has further supported the growing preference for these types of products among consumers.
The India Smoked Salmon market has experienced notable growth, primarily driven by changing consumer preferences and the influence of Western cuisine on the India market. Smoked salmon is considered a delicacy and is gaining popularity among urban consumers looking for unique and premium seafood options. The growth of the hospitality and foodservice sectors, particularly high-end restaurants and hotels, has also contributed to the increasing demand for smoked salmon in India.
The smoked salmon market in India is witnessing growth, fueled by changing consumer preferences and an increasing interest in gourmet seafood products. Nevertheless, the market faces specific challenges. One of the primary obstacles is the limited availability of salmon in India, leading to high import costs and affecting overall market competitiveness. Furthermore, creating awareness and educating consumers about the distinct flavors and culinary uses of smoked salmon can be a challenge. Lastly, managing the delicate balance between traditional preservation methods and meeting modern food safety standards requires careful attention from market players.
The India smoked salmon market represents a niche segment within the broader seafood industry. Smoked salmon is renowned for its distinctive flavor and is highly preferred by health-conscious consumers. Before the Covid-19 pandemic, the market was witnessing a steady rise in demand, driven by the evolving food preferences and an inclination towards premium and exotic seafood products. However, the pandemic`s impact on the hospitality sector, which is a significant consumer of smoked salmon, led to a decline in sales. The closure of hotels, restaurants, and catering services had a substantial effect on the market. Despite the challenges, the market adapted to changing consumer behavior during the pandemic, with a growing focus on e-commerce channels and ready-to-eat smoked salmon products. As a result, the market showed signs of recovery as the situation improved.
Key players in the India smoked salmon market include Smokehouse India Pvt. Ltd., Salmon Treats India, and Smoky Delights Exports. These companies specialize in processing and distributing smoked salmon products to cater to the rising demand for premium seafood delicacies. Additionally, seafood retailers like Seaside Gourmet and Oceanic Delicacies play a significant role in making smoked salmon products available to consumers across the country.