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 |
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.

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).
| Report Name | Mauritius Fin Fish Market |
| Forecast period | 2025-2031 |
| CAGR | 5.1% |
| Growing Sector | Fisheries & Aquaculture |
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 |
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 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.
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.
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. |
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.
Several prominent trends reshaping the market growth include:
Some prominent investment opportunities in the market include:
Some leading players operating in the Mauritius Fin Fish Market include:
| 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.
| 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.
| 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.
| 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.
| 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.
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.
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.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
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.
The Tuna segment leads the Mauritius Fin Fish Industry due to its large-scale processing infrastructure, international certifications, and consistent export demand.
The report offers a comprehensive study of the subsequent market segments:
| 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 |