India Fishmeal And Fishoil Market (2025-2031) Outlook | Trends, Growth, Share, Value, Companies, Analysis, Industry, Size, Forecast & Revenue

India Fishmeal And Fishoil Market Synopsis

The fishmeal & fish oil industry is estimated to have a market size of about Rs 15,000 crore as per FY20 estimates. It supplies raw materials or ingredients used in aquaculture feeds that are essential for proper nutrition and growth rates of aquatic species such as fishes, prawns etc., Growth within this sector can be attributed primarily due to an increase in global seafood consumption leading to higher production needs thereby creating a surge within this particular segment. Moreover high omega 3 fatty acid content makes it highly sought after amongst health conscious individuals aiding further expansion withiin its respective domain. This coupled with increased government support on exports has allowed India exporters tap into previously untapped markets like Japan , Middle East thus boosting overall revenues.

Market Drivers of the market

The fishmeal and fish oil market in India is driven by the thriving aquaculture sector and the rising demand for animal feed additives. Fishmeal and fish oil`s high nutritional value and their applications in various industries, including aquaculture, agriculture, and pharmaceuticals, contribute to their growing demand.

Challenges of the Market

The fishmeal and fish oil market in India faces several challenges, primarily driven by the fishing industry`s sustainability and competition with other industries. Overfishing and improper fishing practices can lead to declining fish stocks, affecting the availability and cost of raw materials for fishmeal and fish oil production. Ensuring responsible and sustainable fishing practices is essential to maintain a stable supply chain.Furthermore, competition from other industries, such as aquaculture and direct consumption of fish, can impact the availability and pricing of fish for fishmeal and fish oil production. Balancing the demand between different sectors while preserving the ecosystem`s equilibrium is a significant challenge for the industry.In addition, maintaining the quality and nutritional content of fishmeal and fish oil products is essential for their effective use in various applications. Preventing oxidation and ensuring proper storage and handling are critical challenges to address to maintain product integrity.

Covid-19 Impact on the Market

The India fishmeal and fish oil market experienced disruptions during the COVID-19 pandemic due to reduced fish catch and logistical challenges. The market heavily relies on the fishing industry, which was impacted by lockdowns and restrictions. Recovery in this market is anticipated as the fishing activities and export markets revive post-pandemic.

Key Players of the Market

India fishmeal and fish oil market is led by major players such as OmegaFish Products, SeaHarvest Industries, and AquaOil Extractors. They are engaged in the production and distribution of fishmeal and fish oil, essential ingredients for animal feed, aquaculture, and various industrial applications.

Key Highlights of the Report:

• India Fishmeal And Fishoil Market Outlook
• Market Size of India Fishmeal And Fishoil Market, 2024
• Forecast of India Fishmeal And Fishoil Market, 2031
• Historical Data and Forecast of India Fishmeal And Fishoil Revenues & Volume for the Period 2021-2031
• India Fishmeal And Fishoil Market Trend Evolution
• India Fishmeal And Fishoil Market Drivers and Challenges
• India Fishmeal And Fishoil Price Trends
• India Fishmeal And Fishoil Porter's Five Forces
• India Fishmeal And Fishoil Industry Life Cycle
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Species Type for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Salmon & trout for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Crustaceans for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Marine fish for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Carps for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Tilapias for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Poultry for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Swine for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Poultry for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Aquatic animals for the Period 2021-2031
• Historical Data and Forecast of India Fishmeal And Fishoil Market Revenues & Volume By Others for the Period 2021-2031
• India Fishmeal And Fishoil Import Export Trade Statistics
• Market Opportunity Assessment By Species Type
• Market Opportunity Assessment By Application
• India Fishmeal And Fishoil Top Companies Market Share
• India Fishmeal And Fishoil Competitive Benchmarking By Technical and Operational Parameters
• India Fishmeal And Fishoil Company Profiles
• India Fishmeal And Fishoil Key Strategic Recommendations