Mauritius Fin Fish Market (2025-2031) | Forecast, Share, Segmentation, Growth, Revenue, Industry, Size, Trends, Analysis, Companies & Value

Market Forecast By Environment (Freshwater, Marine Water, Brackish Water), By Fish Type (Pompano, Snappers, Groupers, Salmon, Milkfish, Tuna, Catfish, Others) And Competitive Landscape

Product Code: ETC5375396 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Mauritius Fin Fish Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The fin fish import market in Mauritius has shown significant growth, with key exporting countries including Norway, Metropolitan France, UK, and Faroe Islands. The high Herfindahl-Hirschman Index (HHI) concentration in 2024 indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 28.48% from 2020 to 2024 highlights the increasing demand for fin fish imports in Mauritius. Furthermore, the strong growth rate of 29.77% from 2023 to 2024 suggests a promising outlook for the industry in the coming years.

Mauritius Fin Fish Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Mauritius Fin Fish Market Growth Rate

According to 6Wresearch internal database and industry insights, The Mauritius Fin Fish Market is projected to grow at a compound annual growth rate (CAGR) of 5.1% during the forecast period (2025–2031).

Mauritius Fin Fish Market Highlights

Report Name Mauritius Fin Fish Market
Forecast period 2025-2031
CAGR 5.1%
Growing Sector Fisheries & Aquaculture

Five-Year Growth Trajectory of the Mauritius Fin Fish Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Year CAGR (%) Short Driver
2020 2.1 Stable artisanal landings and consistent wet-market consumption
2021 2.9 Gradual recovery of HORECA sector and augmented supply logistics
2022 3.4 Increase in offshore fishing encouraged by FAD installations
2023 4.1 Marine aquaculture pilot projects gained licensing and funding
2024 4.7 Allocation of money in processing facilities and cold-chain infrastructure

Topics Covered in the Mauritius Fin Fish Market Report

The Mauritius Fin Fish Market report thoroughly covers the market by environment and fish type. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.

Mauritius Fin Fish Market Synopsis

Mauritius Fin Fish Market is anticipated to get major growth due to rising focus on marine aquaculture development, augmented offshore fishing capacity, and potent processing infrastructure bolstered by tourism and export needs. Fin fish such as tuna, groupers, pompano, and milkfish are being harvested under expanding FAD programs and aquaculture trials. The country’s commitment to sustainable fishing and seafood traceability is encouraging long-term market growth.

Evaluation of Growth Drivers in the Mauritius Fin Fish Market

Below mentioned are some prominent drivers and their influence to the market dynamics:

Drivers Primary Segments Affected Why it matters (evidence)
Expansion of Marine Aquaculture Marine Water; Pompano, Groupers Increasing allocation of money in sea-cage farming improves consistent fish supply independent of wild stocks.
Cold-Chain Development All Environments; Tuna, Groupers Allocation of money in reefer trucks, ice plants, and processing hubs enable export-quality seafood logistics.
HORECA Demand Growth Marine & Freshwater; Snappers, Groupers Increasing seafood consumption in hotels and restaurants sustains domestic premium needs.
Government Blue Economy Focus Marine Water; Tuna, Pompano National Blue Economy initiatives fund sustainable fisheries and marine research programs.
Feed & Hatchery Improvement Brackish & Marine; Milkfish, Pompano Advancement of feed mills and hatchery systems increases aquaculture productivity and survival rates.

The Mauritius Fin Fish Market size is projected to grow at the CAGR of 5.1% during the forecast period of 2025–2031. The market is bolstered by expansion in marine aquaculture, improved fish processing capabilities, and increasing local and export demand from the hospitality sector. Moreover, continuous government support through Blue Economy initiatives and investment incentives for sustainable fisheries management is further bolstering market growth.

Evaluation of Restraints in the Mauritius Fin Fish Market

Below mentioned are some major restraints and their influence to the market dynamics:

Restraints Primary Segments Affected What this means (evidence)
Cyclone and Weather Risks Marine Water; Offshore Aquaculture Severe weather disrupts operations and damages cages, leading to production losses.
High Input Costs Marine & Brackish; Tuna, Groupers Increasing feed and fuel prices raises production prices, impacting small-scale fishers and farmers.
Limited Hatchery Infrastructure Marine & Brackish; Pompano, Milkfish Dependency on imported seed stock obstructs scalability of domestic aquaculture.
Stock Regulation Compliance Marine; Groupers, Snappers Strict size and seasonal restrictions affect short-term catch volumes.
Market Fragmentation Freshwater; Catfish, Tilapia Dispersed production restricts standardization and consistent supply chain integration.

Mauritius Fin Fish Market Challenges

Despite growing investments, the Mauritius Fin Fish Market faces numerous challenges, consisting of reliability on imported feeds, increased equipment price, and vulnerability to extreme weather events. Lack of local hatchery development limits seed supply for new aquaculture entrants. Compliance prices associated with marine licenses and environmental assessments also increases entry barriers. Additionally, fragmented artisanal fishing operations lack technical and financial capacity for market scaling.

Mauritius Fin Fish Market Trends

Several prominent trends reshaping the market growth include:

  • Integrated Marine Farming: Increase in multi-species marine farms integrating pompano, milkfish, and groupers to expand production.
  • Processing Modernization: Deployment of advanced freezing, filleting, and vacuum packaging for export and retail channels.
  • Digital Traceability: Rising use of blockchain and e-certification tools to ensure product traceability and compliance with export standards.
  • Sustainability Certification: Promotion of eco-labeling and fair-trade seafood initiatives to attain high-quality EU markets.
  • Feed Optimization: transition towards cost-efficient, protein-balanced aquafeeds to improve feed conversion ratios and profitability.

Investment Opportunities in the Mauritius Fin Fish Industry

Some prominent investment opportunities in the market include:

  • Sea-Cage Infrastructure & Farm Management: Supply of robust mooring and monitoring systems for offshore aquaculture.
  • Hatchery Development: Creation of local seed production units for marine and brackish water species.
  • Processing & Cold-Chain Expansion: Allocation of money in ice plants, reefer trucks, and automated processing lines for value-added exports.

Top 5 Leading Players in the Mauritius Fin Fish Market

Some leading players operating in the Mauritius Fin Fish Market include:

1. Princes Tuna (Mauritius) Limited

Company Name Princes Tuna (Mauritius) Limited
Established Year 1979
Headquarters Port Louis, Mauritius
Official Website Click Here

Princes Tuna functions as a major processing plant producing canned and frozen tuna products for export, adhering to international HACCP and sustainability standards.

2. Mer des Mascareignes Ltée

Company Name Mer des Mascareignes Ltée
Established Year 2005
Headquarters Port Louis, Mauritius
Official Website -

The company engages in seafood processing and packaging for domestic and export markets, concentrating on groupers and snappers.

3. Thon des Mascareignes (Mauritius) Ltd

Company Name Thon des Mascareignes (Mauritius) Ltd
Established Year 2004
Headquarters Port Louis, Mauritius
Official Website -

A leading tuna processor giving international retailers with sustainable, certified seafood products.

4. Ferme Marine de Mahebourg (FMM)

Company Name Ferme Marine de Mahebourg (FMM)
Established Year 2000
Headquarters Mahebourg, Mauritius
Official Website -

FMM specializes in marine aquaculture operations and research, concentrating on high-value pompano and milkfish species.

5. Princes Gate Fisheries Ltd

Company Name Princes Gate Fisheries Ltd
Established Year 2010
Headquarters Port Louis, Mauritius
Official Website -

The company concentrates on capture procurement, cold storage, and distribution of premium fin fish for hospitality and retail clients.

Government Regulations Introduced in the Mauritius Fin Fish Market

According to Mauritius government data, numerous initiatives have been established to encourage sustainable aquaculture and fisheries management. The Lagoon and Offshore Aquaculture Framework regulates site selection, EIA approval, and farm licensing. The Fisheries and Marine Resources Act encourages responsible catch management and enforces gear restrictions. Under the Blue Economy Program, grants and subsidies are provided for equipment upgrades, safety training, and onboard icing systems.

Future Insights of the Mauritius Fin Fish Market

The Mauritius Fin Fish Market Growth is predicted to increase steadily, bolstered by aquaculture diversification, augmented compliance with sustainability standards, and continuous processing modernization. Government and private partnerships has the objective of feed production, hatchery development, and traceability systems are likely to reinforce long-term competitiveness in global markets.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Marine Water to Dominate the Market – By Environment

According to Vasudha, Senior Research Analyst at 6Wresearch, the Marine Water category holds the largest Mauritius Fin Fish Market Share, encouraged by established offshore fishing operations and marine aquaculture projects.

Tuna to Dominate the Market – By Fish Type

The Tuna segment leads the Mauritius Fin Fish Industry due to its large-scale processing infrastructure, international certifications, and consistent export demand.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024.
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Mauritius Fin Fish Market Outlook
  • Market Size of Mauritius Fin Fish Market, 2024
  • Forecast of Mauritius Fin Fish Market, 2031
  • Historical Data and Forecast of Mauritius Fin Fish Revenues & Volume for the Period 2021-2031
  • Mauritius Fin Fish Market Trend Evolution
  • Mauritius Fin Fish Market Drivers and Challenges
  • Mauritius Fin Fish Price Trends
  • Mauritius Fin Fish Porter`s Five Forces
  • Mauritius Fin Fish Industry Life Cycle
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Environment for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Freshwater for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Marine Water for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Brackish Water for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Fish Type for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Pompano for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Snappers for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Groupers for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Salmon for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Milkfish for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Tuna for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Catfish for the Period 2021-2031
  • Historical Data and Forecast of Mauritius Fin Fish Market Revenues & Volume By Others for the Period 2021-2031
  • Mauritius Fin Fish Import Export Trade Statistics
  • Market Opportunity Assessment By Environment
  • Market Opportunity Assessment By Fish Type
  • Mauritius Fin Fish Top Companies Market Share
  • Mauritius Fin Fish Competitive Benchmarking By Technical and Operational Parameters
  • Mauritius Fin Fish Company Profiles
  • Mauritius Fin Fish Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Environment

  • Freshwater
  • Marine Water
  • Brackish Water

By Fish Type

  • Pompano
  • Snappers
  • Groupers
  • Salmon
  • Milkfish
  • Tuna
  • Catfish
  • Others

Mauritius Fin Fish Market (2025-2031): FAQ's

The Mauritius Fin Fish Market is estimated to grow at a CAGR of approximately 5.1% during the forecast period.
Opportunities consist of marine cage infrastructure, hatchery development, and expansion of cold-chain logistics for export-oriented processing.
The major challenges consist of vulnerability to extreme weather events such as cyclones, which disrupt offshore operations and damage aquaculture infrastructure.
The market is primarily propelled by the increase of marine aquaculture operations encouraged by government-led Blue Economy initiatives.
6Wresearch actively monitors the Mauritius Fin 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 Mauritius Fin Fish Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Mauritius Fin Fish Market Overview
3.1 Mauritius Country Macro Economic Indicators
3.2 Mauritius Fin Fish Market Revenues & Volume, 2021 & 2031F
3.3 Mauritius Fin Fish Market - Industry Life Cycle
3.4 Mauritius Fin Fish Market - Porter's Five Forces
3.5 Mauritius Fin Fish Market Revenues & Volume Share, By Environment, 2021 & 2031F
3.6 Mauritius Fin Fish Market Revenues & Volume Share, By Fish Type, 2021 & 2031F
4 Mauritius Fin Fish Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Mauritius Fin Fish Market Trends
6 Mauritius Fin Fish Market Segmentations
6.1 Mauritius Fin Fish Market, By Environment
6.1.1 Overview and Analysis
6.1.2 Mauritius Fin Fish Market Revenues & Volume, By Freshwater, 2021-2031F
6.1.3 Mauritius Fin Fish Market Revenues & Volume, By Marine Water, 2021-2031F
6.1.4 Mauritius Fin Fish Market Revenues & Volume, By Brackish Water, 2021-2031F
6.2 Mauritius Fin Fish Market, By Fish Type
6.2.1 Overview and Analysis
6.2.2 Mauritius Fin Fish Market Revenues & Volume, By Pompano, 2021-2031F
6.2.3 Mauritius Fin Fish Market Revenues & Volume, By Snappers, 2021-2031F
6.2.4 Mauritius Fin Fish Market Revenues & Volume, By Groupers, 2021-2031F
6.2.5 Mauritius Fin Fish Market Revenues & Volume, By Salmon, 2021-2031F
6.2.6 Mauritius Fin Fish Market Revenues & Volume, By Milkfish, 2021-2031F
6.2.7 Mauritius Fin Fish Market Revenues & Volume, By Tuna, 2021-2031F
6.2.8 Mauritius Fin Fish Market Revenues & Volume, By Others, 2021-2031F
6.2.9 Mauritius Fin Fish Market Revenues & Volume, By Others, 2021-2031F
7 Mauritius Fin Fish Market Import-Export Trade Statistics
7.1 Mauritius Fin Fish Market Export to Major Countries
7.2 Mauritius Fin Fish Market Imports from Major Countries
8 Mauritius Fin Fish Market Key Performance Indicators
9 Mauritius Fin Fish Market - Opportunity Assessment
9.1 Mauritius Fin Fish Market Opportunity Assessment, By Environment, 2021 & 2031F
9.2 Mauritius Fin Fish Market Opportunity Assessment, By Fish Type, 2021 & 2031F
10 Mauritius Fin Fish Market - Competitive Landscape
10.1 Mauritius Fin Fish Market Revenue Share, By Companies, 2024
10.2 Mauritius Fin Fish Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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