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India Basa Fish Market: By Product Type: Fresh, Frozen; By Source: Imported, Local; By End Use: Institutional, Retail; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Trade Data Analysis; Competitive Landscape; Industry Events and Developments

India Basa Fish Market Outlook

The India Basa fish market is being aided by the growing fish market in India, which stood at a value of around INR 1367.5 billion in 2021. The India fish market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 10.50%.

 

Increasing Demand for Frozen Seafood to Aid the Growth of the Basa Fish Industry in India

The demand for frozen products in India is growing significantly. This can be attributed to their high shelf life, lower price, sustainability, and easy availability in convenience stores. Additionally, the growing adoption of advanced cold storage technology in the seafood industry is anticipated to propel the sales of frozen fish products. These products have high protein value and provide improved flavours to consumers. Hence, these factors are expected to positively influence the market growth in the forecast period.

 

India Basa Fish Market

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The growing aquaculture and fisheries production in India is expected to aid the market growth across the country. Moreover, the advancements in technology and the favourable government regulations to strengthen the country’s seafood industry are expected to further contribute to the market growth.

 

Basa Fish: Market Segmentation

Basa fish is defined as a type of catfish which belongs to the Pangasiidae family. The scientific name of Basa fish is Pangasius bocourti and flesh of this fish has a light and mild flavour with a firm texture. In addition to this, Basa fish is low in calories and contains high-quality protein. Basa fish are prevalent in the Southeast Asian region and are native to Mekong and Chao Phraya rivers.

Based on product type, the market can be segmented into:

  • Fresh
  • Frozen

On the basis of source, the market has been bifurcated into:

  • Imported
  • Local

The major end uses of the product include:

  • Institutional
  • Retail

The regional markets for the product include North, South, East, and West.

 

Thriving Food Industry and the High Nutritional Value of Basa Fish to Boost the Growth of the India Basa Fish Industry

The thriving food industry owing to the rising disposable incomes, increasing population, and increasing inclination towards food products with high nutritional value is driving the market growth in India. Basa fish contains omega-3, which is great for the heart and helps cure depression. In addition to this, the rising heart related diseases are likely to contribute to the product demand. Apart from this, the market is anticipated to be aided by the emerging e-commerce industry in India, which is gradually increasing its foothold in the seafood segment. For instance, in October 2021, India’s first e-fish market application Fishwaale was launched in Assam to provide a one-stop solution for aquaculture, helping the fish farming community. Furthermore, the increasing sales of boneless Basa fish fillets in the country owing to the growing awareness about esophageal fish bone foreign body (FFB) disease is anticipated to provide impetus to the market in the forecast period.

 

Key Industry Players in the India Basa Fish Market

The report also gives a detailed analysis of the major players in the India Basa fish market, covering their competitive landscape, capacity, and latest developments like mergers and acquisitions, investments, capacity expansions, and plant turnarounds.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Source, End Use, Region
Breakup by Product Type Fresh, Frozen
Breakup by Source Imported, Local
Breakup by End Use Institutional, Retail
Breakup by Region North India, South India, East India, West India
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    India
7    Market Opportunities and Challenges
8    India Basa Fish Market Analysis

    8.1    Key Industry Highlights
    8.2    India Basa Fish Historical Market (2018-2022) 
    8.3    India Basa Fish Market Forecast (2023-2028)
    8.4    India Basa Fish Market by Product Type
        8.4.1    Fresh
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Frozen
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    India Basa Fish Market by Source
        8.5.1    Imported
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Local
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    India Basa Fish Market by End Use
        8.6.1    Institutional
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Retail
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    India Basa Fish Market by Region
        8.7.1    Market Share
            8.7.1.1    North India
            8.7.1.2    South India
            8.7.1.3    East India
            8.7.1.4    West India
9    Regional Analysis
    9.1    North India
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
    9.2    South India
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
    9.3    East India
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
    9.4    West India
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
11    Trade Data Analysis
    11.1    Major Importing Countries
        11.1.1    By Volume
        11.1.2    By Value
    11.2    Major Exporting Countries
        11.2.1    By Volume
        11.2.2    By Value
12    Competitive Landscape
        12.1    Market Structure
        12.2    Company Profiles
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    India Basa Fish Market: Key Industry Highlights, 2018 and 2028
2.    India Basa Fish Historical Market: Breakup by Product Type (INR Billion), 2018-2022
3.    India Basa Fish Market Forecast: Breakup by Product Type (INR Billion), 2023-2028
4.    India Basa Fish Historical Market: Breakup by Source (INR Billion), 2018-2022
5.    India Basa Fish Market Forecast: Breakup by Source (INR Billion), 2023-2028
6.    India Basa Fish Historical Market: Breakup by End Use (INR Billion), 2018-2022
7.    India Basa Fish Market Forecast: Breakup by End Use (INR Billion), 2023-2028
8.    India Basa Fish Historical Market: Breakup by Region (INR Billion), 2018-2022
9.    India Basa Fish Market Forecast: Breakup by Region (INR Billion), 2023-2028
10.    India Basa Fish Market Structure

Key Questions Answered in the Report

The India Basa fish market is being supported by the growing fish market in India, which attained a value of nearly INR 1367.5 billion in 2021.

The India fish market, which is aiding the growth of the India Basa fish market, is estimated to grow at a CAGR of 10.50% between 2023 and 2028.

The major regions in the industry are North, South, East, and West.

The major drivers of the industry, such as the thriving seafood industry, growing demand for fish due to high nutritional value, and rising health awareness, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the increasing inclination towards consuming fish products with low calories and high protein content.

Fresh and frozen are the major product types included in the market report.

Imported and local are the major segments based on source.

Institutional and retail are the different end uses of the product.

Analyst Review

The India Basa fish market is being supported by the growing fish market in India, which attained a value of INR 1367.5 billion in 2021. The market is driven by the rising demand for seafood in the country. Aided by the increasing inclination towards health and fitness, the India fish market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 10.50%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the market is divided into fresh and frozen. On the basis of source, the market is divided into imported and local. The significant end uses of the product include institutional and retail. The major regional markets for Basa fish in India are North, South, East, and West.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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