In 2023, the import of prepared or preserved molluscs and shellfish to India stood below the forecasted $1.0483 million mark of 2024. By 2028, it is expected to increase to $1.2441 million. The year-on-year growth rate between 2024 and 2025 is around 4.8%, and a steady growth pattern is observed over this five-year period, with a compound annual growth rate (CAGR) of approximately 4.3%.
Future trends to watch for include:
- Changing consumer preferences and increased demand for seafood as India urbanizes.
- Potential impact of trade policies and tariffs on import levels.
- Fluctuations in global seafood supply due to environmental or economic factors.
