The import of fresh or chilled whole salmon to India is forecasted to rise steadily from $2.9457 million in 2024 to $3.5821 million in 2028. This represents a consistent annual growth, with a clear upward trend in demand. The year-on-year growth rate shows a gradual increment in salmon imports, reflecting an increasing preference for this seafood category in the Indian market. As for the compound annual growth rate (CAGR) over the next five years, the import value growth suggests a stable increase, aligning with global and local consumption trends.
Future trends to watch for:
- Potential changes in trade policies affecting seafood imports.
- Fluctuations in global salmon supply impacting prices.
- Growing consumer awareness and demand for healthy protein sources.
- Influence of sustainability and eco-certification on buyer preferences.
