In 2023, the freshwater fish market size volume per capita in India stood at 5.54 kilograms per capita. According to the forecast, this figure is expected to rise to 5.61 kilograms per capita in 2024, with year-on-year increases to 5.68 kilograms in 2025, 5.76 kilograms in 2026, 5.83 kilograms in 2027, and 5.9 kilograms in 2028. The year-on-year variation percentage reflects steady growth in per capita consumption, highlighting an annual increase of approximately 1.3% to 1.4%. Over the last five years, the compound annual growth rate (CAGR) is expected to be around 1.6%.
Future trends to watch for include potential shifts in consumer preferences towards healthier protein sources, changes in regulatory policies affecting the aquaculture industry, and any significant economic factors that might influence purchasing power and consumption patterns. Additionally, advancements in sustainable fishing practices and new technologies in aquaculture could further shape market trends.
