| Product Code: ETC388104 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, India`s tilapia import market saw robust growth, with Vietnam emerging as a key player in supplying tilapia to the country. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 20.56% from 2020 to 2024 highlights the increasing demand for tilapia in India. Despite a slightly lower growth rate of 2.04% in 2024 compared to the previous year, the overall trend points towards a thriving tilapia import market in India.

The India tilapia market was valued at US$ 443 million in 2025 and is estimated to reach US$ 667 million by 2025, growing at a CAGR of 8.1%. Factors like changing food habits due to westernization; increased utilization rate and availability; and government initiatives promoting fish farming are driving India tilapia production & consumption levels. With increasing demand for processed food products such as frozen tilapia fillets across India, innovative packaging techniques have been adopted by producers which will positively impact on its sales figures over time. Furthermore, rising disposable incomes among consumers coupled with their health consciousness has led them to opt more for healthier food options including aquatic foods like tilapias which would create numerous opportunities within this sector over coming years ahead too.
The India Tilapia market has experienced robust growth due to several factors. Tilapia is known for its versatility, mild taste, and nutritional benefits, making it a popular choice among health-conscious consumers. The ease of tilapia farming and its ability to thrive in diverse environmental conditions have led to increased aquaculture activities in the country. Moreover, the rising export demand for tilapia products has also contributed to the growth of the market, encouraging farmers to increase their tilapia production.
The tilapia market in India is growing due to the fish`s adaptability, affordability, and nutritional benefits. However, the market faces specific challenges. Tilapia farming requires careful management of water quality and disease prevention, as overcrowding and poor husbandry practices can lead to adverse outcomes. Market players also need to address consumer perceptions regarding the taste and quality of tilapia compared to other popular fish varieties. Additionally, the competition from cheap imports of tilapia products poses a challenge for domestic tilapia farmers and processors.
The India tilapia market has witnessed robust growth in recent years, owing to tilapia`s affordability, mild flavor, and easy availability. Tilapia is considered an essential source of protein, especially for price-sensitive consumers. Before the Covid-19 pandemic, the market was flourishing, driven by increased consumption and favorable government policies to promote fish farming. However, the pandemic led to a slowdown in the market due to disruptions in the supply chain and logistical challenges. The closure of restaurants and reduced outdoor activities also affected the demand for tilapia. Nonetheless, with the gradual easing of restrictions, the market bounced back as consumers` focus shifted towards healthy and affordable protein options, like tilapia.
Key players in the India tilapia market include tilapia fish farms such as Tilapia World India, AquaTilapia Farms, and Freshwater Delights. These companies are dedicated to tilapia aquaculture, ensuring a steady supply of fresh and frozen tilapia products to consumers and retailers. Additionally, seafood processors and exporters like Oceanic Tilapia Processors and Supreme Tilapia Exports contribute to the expansion of the tilapia market in India and overseas.