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India Aquaculture Industry Outlook 2022 - 2026

See how India Aquaculture performed compared to key markets.

Key Market Indicators

In 2021, India came in number 8 in this ranking, with 583.13 Thousand Metric Tons. India, Vietnam and Thailand respectively came in numbers 7, 8 and 9 in this ranking. The Indian salmon import market is projected to reach $4 million by 2026, growing at a compound annual growth rate of 4.7% since 2021. This marks a 34.5% increase since 2002. Fish production in India is set to reach 8.6 million metric tons by 2026, with an average year-on-year growth rate of 2.5%. This marks a 5% increase since 1965. In 2021, India came in third place in the rankings, with Indonesia leading with 7.3 million metric tons and Vietnam and Thailand taking second and fourth place respectively. Indian fish consumption is expected to fall by 4.9% year-on-year, to 442,000 metric tons by 2026. This marks a 6.5% decline since 2017. In 2021, India came in eighth place in the rankings, with 583,000 metric tons, followed by Vietnam and Thailand in seventh and ninth place respectively.

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