India Fish Protein Market - Size, Trends, Competitive Analysis and Forecasts (2018-2023)

India is second largest economy in the Asia-Pacific region. Indian Government has been planning to roll out the policies that will smoothen the business for the small and medium sized manufacturers and will also help easy entry of foreign investors. The protein industry in India is growing at a rapid pace since past few years. Dietary supplements industry captures most of the protein’s growth followed by food, beverage and animal feed industry. The fish protein industry in country currently shares around 7% of total fish protein market in the Asia-Pacific region. Given the size of the country and the scope of protein ingredients consumption, the market of fish protein is very low. However, with growing demand of fish protein across various industry segments, market revenue of fish protein is estimated to grow at a CAGR of 6.6% during the forecast period to capture the value of $0.08 million by 2023.

Indian consumers are getting highly consciousness about their health due to rising concern about the obesity and consciousness about fitness. Increasing middle-aged population and youngsters are indulging in sports and fitness activities which has resulted in growing demand of sports nutrition market. Moreover, recommendations from gym instructors and fitness experts is one of the major factors pushing the growth of dietary supplements industry. The industry of beverage has dynamically changed since past few years. The demand of protein rich drinks, juices, smoothies, flavored water and shakes is rising with an aim to reduce weight. The steadily growing above segments provides a platform for the fish protein market.

The application of fish protein across food industry captures around 22% of market share. Meat extenders and analogues, processed seafood and dairy alternatives are the major industries that captures highest application of fish protein. Increasing manufacturers are considering to add fish protein across various food products which includes meat free sausages, hot dogs and other products. There are not many major players in the fish protein industry in India, however key global players are expected to enter in the market in coming years.

Key Deliverables

• Market trends since 2014 and five year forecasts of market growth


• Detailed analysis of the micro and macro elements influencing demand trends


• Identifying opportunity spaces across segments and countries


• Supply & demand side trend and analysis


• Price trend analysis, investment prospects and competition pattern


• Insights on growth potential of the market


• Detailed analysis of major producers covering financial investments & strategies adopted


• Competitive landscape of the industry