Forecast: Fish Farming Production in India

Fish farming production in India reached 10.893 million metric tons in 2023. Between 2022 and 2023, production grew by 7.3%, reflecting a slight deceleration from the previous year's 7.9% increase. The compound annual growth rate (CAGR) over the last five years was 8.49%, marking strong consistent growth in the sector.

Future trends to watch for include:

  • The forecasted CAGR from 2024 to 2028 is 4.5%, suggesting a steady but slower growth rate compared to recent years.
  • Economic shifts and advancements in fish farming technologies could redefine production capacities.
  • Environmental policies and sustainable practices will increasingly influence production dynamics.

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