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

India Seafood Processing Market Synopsis

The India seafood processing industry is estimated to be worth over US$ 5 billion with annual growth rate between 12-14%. It consists mainlyof frozen shrimp/fish (52%), processed products (40%), fresh fish & shellfish(7%) and live fish&shellfish (1%).The majorityof production takes place in Gujarat which accounts for more than half of the seafood processing approvals given by the Food Safety Standards Authority of India in 2017-18 followed by Tamil Nadu and Karnataka.

Market Drivers of the market

The India Seafood Processing market has been thriving due to various drivers. As India is a major player in the global seafood industry, the demand for processed seafood has surged in recent years. Factors such as increased seafood consumption, growth in international trade, and a focus on value-added products have spurred the expansion of seafood processing in the country. The adoption of advanced processing technologies and improvements in cold chain infrastructure have also enhanced the efficiency and quality of seafood processing in India, making it more competitive in the international market.

Challenges of the Market

The seafood processing industry in India plays a crucial role in adding value to raw seafood and meeting global demand. However, the sector faces several challenges. The lack of modern processing facilities and outdated technology hinders efficient processing, leading to quality issues and wastage. Additionally, the industry contends with rising energy costs, making it essential to find sustainable and cost-effective energy solutions. Moreover, ensuring compliance with international food safety and quality standards remains a constant challenge for seafood processors, impacting their export potential.

Covid-19 Impact on the Market

The seafood processing industry in India plays a crucial role in adding value to the country`s vast seafood resources. The sector involves various activities, such as cleaning, cutting, packaging, and preserving seafood for both domestic consumption and export. Before the Covid-19 pandemic, the seafood processing market was witnessing steady growth, driven by increased seafood consumption and growing demand in international markets. However, the pandemic significantly disrupted operations in the processing units due to labor shortages, transportation challenges, and safety measures. As a result, the market faced a downturn during the pandemic period. Nevertheless, with the gradual lifting of restrictions and the implementation of safety protocols, the seafood processing market regained its momentum, supported by the resurgence in the demand for processed seafood products.

Key Players of the Market

The India seafood processing market is a highly competitive industry with several key players, including leading companies like Seafood India Ltd., Oceanic Foods Processing, and Marine Fresh Exports. These processing companies are equipped with advanced facilities to handle various seafood products, including fish, shrimp, squid, and crab. Furthermore, prominent seafood exporters like Neptune Sea Exports and Pearl Marine Exports are pivotal in expanding India seafood exports to international markets.

Key Highlights of the Report:

• India Seafood Processing Market Outlook
• Market Size of India Seafood Processing Market, 2024
• Forecast of India Seafood Processing Market, 2031
• Historical Data and Forecast of India Seafood Processing Revenues & Volume for the Period 2021-2031
• India Seafood Processing Market Trend Evolution
• India Seafood Processing Market Drivers and Challenges
• India Seafood Processing Price Trends
• India Seafood Processing Porter's Five Forces
• India Seafood Processing Industry Life Cycle
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Equipment Type for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Gutting Equipment for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Sealing Equipment for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Filleting Equipment for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Deboning Equipment for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By other Equipment for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Category for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Single-Function Equipment for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Multi-Function Equipment for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Seafood Type for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Fish for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Crustaceans for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By Mollusks for the Period 2021-2031
• Historical Data and Forecast of India Seafood Processing Market Revenues & Volume By others for the Period 2021-2031
• India Seafood Processing Import Export Trade Statistics
• Market Opportunity Assessment By Equipment Type
• Market Opportunity Assessment By Category
• Market Opportunity Assessment By Seafood Type
• India Seafood Processing Top Companies Market Share
• India Seafood Processing Competitive Benchmarking By Technical and Operational Parameters
• India Seafood Processing Company Profiles
• India Seafood Processing Key Strategic Recommendations