The new report by Expert Market Research titled, ‘India Basa Fish Market Report and Forecast 2022-2027’, gives an in-depth analysis of the India Basa fish market, assessing the market based on its segments like product types, sources, end uses, and regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents:

The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): INR 1367.5 billion
• Forecast CAGR (2022-2027): 10.50%

India Basa fish industry is being driven by the rising demand for fish-based products owing to the increasing inclination towards health, fitness, and bodybuilding in the country. Basa fish contains high-protein and less calories. This makes it an ideal meal for the diet-conscious consumers. In addition, the rapid development of continental food hubs in metropolitan cities of India is likely to propel the demand for Basa fish in the forecast period. Moreover, the rising cases of cardiovascular, musculoskeletal, and heart-related diseases in the country is likely to bolster the demand for seafood products, which is estimated to support the market growth. Furthermore, the rapid urbanisation, increased travel and tourism activities, high demand for seafood, and increasing foot fall in restaurants are some of the factors propelling the market growth in the country.

Industry Definition and Major Segments

Basa fish refers to a type of catfish which contains high protein and is low in calories. The flesh of this fish has a mild and delicious flavour, which makes it a popular seafood choice. Moreover, Basa fish are native to Mekong and Chao Phraya rivers in the South Asian region. The fish is beneficial for health and is a rich source of omega-3 fatty acids.

Read Full Report with Table of Contents:

The Basa fish industry, based on product type, can be segmented into:

• Fresh
• Frozen

By source, the market has been bifurcated into:

• Imported
• Local

The significant end uses of Basa fish include:

• Institutional
• Retail

The regional markets for Basa fish include:

• North India
• South India
• East India
• West India

Market Trends

The expansion of the e-commerce industry in India is likely to be a key trend contributing towards the market growth. For instance, in October 2021, India’s largest e-fish market app known as ‘Fishwaale’ was launched in Assam. The application aims to provide diversified fish products including fish pickles, table fish, and dry fish, among others to consumers. Furthermore, the advancements in aquaculture techniques in the region are likely to be another key trend which is likely to augment the market growth in the forecast period.

Key Market Players

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of the major players in the India Basa fish market.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Media Contact

Company Name: EMR Inc.
Contact Person:- Irene Garcia, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

Explore more on Procurement Intelligence services of EMR Inc.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.