The demersal fish market in India, as forecasted, shows a steady increase in per capita consumption from 2024 to 2028, with a predicted value of 0.65 kg in 2024 progressing yearly to 0.69 kg in 2028. In 2023, consumption was measured at 0.64 kg per capita. From 2024 onwards, the year-on-year growth rate is approximately 1.54%, indicating a consistent upward trend. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is estimated at approximately 1.54% per year.
Future trends to watch for include potential shifts in consumer preferences towards more sustainable fishery practices and increasing domestic production capabilities, which could further impact consumption rates and the broader market dynamics.
