The forecast for crustaceans stock in India from 2024 to 2028 shows a steady growth trajectory. Starting in 2024 with a stock of 300 metric tons, the values increase to 400 metric tons in 2025, stabilize in 2026, and rise again to 500 metric tons by 2027 and 2028. Notably, the year-on-year growth is evident with a significant increase between 2024 and 2025, remaining constant into 2026 and then increasing once more through to 2028.
In 2023, the actual stock stood at a baseline, providing a reference for these forecasted increases. This consistent upward trajectory suggests a Compound Annual Growth Rate (CAGR) over the period.
Future trends to watch for include:
- Potential changes in environmental factors affecting crustacean breeding
- Market demand shifts both domestically and internationally
- Technological advancements in aquaculture that could further increase yield
- Regulatory policies impacting sustainable fishing practices
