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Insights for the Fisherman Community: The Fresh Fish Market in 2024 and Beyond

As a vital part of the supply chain, understanding market dynamics can significantly benefit our community of fish farmers and fishermen. By staying informed about industry trends, you can better strategize your production and sales to maximize profits. Here's an in-depth look at the fresh fish market, its growth potential, and what it means for you. Market Overview The fresh fish market in India is poised for significant growth in the coming years. In 2024, the market revenue is expected to reach ₹2.28 trillion. This growth is projected to continue at an annual rate of 6.65% from 2024 to 2028. Such robust growth indicates a rising demand for fresh fish, driven by increased consumer awareness about the health benefits of fish and a growing preference for fresh over frozen products. Global Comparison Globally, China is the largest market for fresh fish, with revenue expected to reach ₹4.622 trillion in 2024. This comparison highlights the vast potential for growth in India, as our m...