PROSPECTS AND OPPORTUNITIES
Increased budget allocation by the government for fisheries to improve availability and prices
Fish and seafood is expected to maintain dynamic retail volume growth in India throughout the forecast period, with increases across all channels, although foodservice volume sales are set to see a particularly rapid increase. While fish is projected to continue to see the strongest increase, despite already accounting for the highest sales within fish and seafood, all categories are set to rise.
Retail e-commerce to expand demand for and the availability of fish
Retail e-commerce is rapidly gaining relevance in fish and seafood in India, transforming the way in which consumers purchase such products. Online platforms such as Licious, BigBasket, and others are capitalising on the growing demand for convenience and quality.
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Overview:
Understand the latest market trends and future growth opportunities for the Fish and Seafood industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Fish and Seafood industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Fish and Seafood in India report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Fish and Seafood in India?
- What is the impact of commodity price fluctuations on local production and consumption?
- What are the key campaigns or legislation driving Fish and Seafood sales?
- How are consumer attitudes towards fresh food evolving?
- How significant is health and wellness in shaping consumer demand?
- Where is future growth expected to be most dynamic?
Fish and Seafood in India - Category analysis
KEY DATA FINDINGS
Increasing accessibility and affordability drive growth
Increased consumption of fish inland, driven by the health trend and improved distribution
Increased budget allocation by the government for fisheries to improve availability and prices
Retail e-commerce to expand demand for and the availability of fish
Fresh Food in India - Industry Overview
Fresh food in 2024: The big picture
2024 key trends
Retailing developments
What next for fresh food?
DISCLAIMER
The following categories and subcategories are included:
Fish and Seafood
- Crustaceans
- Fish
- Molluscs and Cephalopods
Fish and Seafood
This is the aggregation of fish, crustaceans, molluscs and cephalopods. Includes: fresh raw (chilled and frozen) packaged and unpackaged unprocessed fish and seafood. Chilled and frozen fish and seafood can be cleaned, gutted, peeled/trimmed/filleted/cut to a different extent, but not cooked and no sauces, herbs or condiments can be added . Excludes: All packaged/processed fish and seafood products typically sold via the self-service counters in retail outlets.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Fish and Seafood research and analysis database.
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