Forecast: Demersal Fish Demand in India

The demand for demersal fish in India is forecasted to rise steadily from 1.11 million metric tons in 2024 to 1.15 million metric tons by 2028. Compared to the 2023 level, this indicates gradual year-on-year growth. The compound annual growth rate (CAGR) over these five years suggests a consistent rise in demand, although the year-on-year variation implies a stable trend without significant fluctuations.

Future trends to watch for include:

  • Impact of sustainable fishing practices and regulation changes on supply.
  • Influence of changing consumer preferences towards healthy and organic food options.
  • Potential effects of economic growth and urbanization on fish consumption patterns in India.
  • Technological advancements in aquaculture and their effect on production output.

Top Countries about Fish