India's capture fisheries production volume for 2024 is forecasted at 5.7527 million metric tons, a continuation from 2023's levels. Over the forecast period, production volume shows a steady annual increase:
- 2024: 5.7527 million metric tons
- 2025: 5.8399 million metric tons
- 2026: 5.9262 million metric tons
- 2027: 6.0117 million metric tons
- 2028: 6.0963 million metric tons
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 reveals a consistent upward trend, averaging an annual increase of approximately 1.46%, indicating steady growth in the sector.
Future trends to watch include potential impacts of climate change on marine biodiversity, technological advancements in sustainable fishing, and policy shifts promoting eco-friendly practices, which could all influence production volumes significantly.
