Project Report For Catla Fish

Introduction

Project report for Catla Fish is as follows.

The Catla fish is a freshwater species that is seldom encountered in brackish water. This fish species is found in a variety of environments, including bars, bells, canals, ditches, floodplains, haors, lakes, ponds, and lakes. The fish is usually sold fresh, and it commands a high market price and customer demand.

Catla fish are now commercially farmed in many areas where they are available. Its faster development rate and compatibility with other main carps, as well as its particular surface feeding behaviour and customer preference, have enhanced its appeal among fish farmers in carp polyculture systems. More information about this carp fish species may be found below.

In the year 2020, the Indian fish industry is expected to be worth around INR 1,232 billion. The sector is anticipated to develop at a 10.5 per cent CAGR between 2021 and 2026, reaching a value of almost INR 2,243 billion by 2026. Currently, the country is one of the world’s major fish producers. In 2017, the Indian fish market was valued at INR 1,004 billion. The market is expected to reach INR 1,821 billion by 2023, growing at a CAGR of 10.4 per cent between 2018 and 2023.

Today, India is one of the world’s top producers of fish. Over the last few years, both private consumption and export of fish have increased significantly in India.

Market potential & Strategy

India is now one of the world’s top producers of fish, accounting for almost 6% of worldwide fish output. Over the last few years, both domestic consumption and export of fish have increased significantly in India. Fish consumption per capita has also increased steadily over the previous few years. A variety of reasons are now influencing fish consumption in India. These include changes in lifestyle, rising meat costs, and the reputation of fish as a nutritious diet with high quantities of digestible protein, PUFA, and cholesterol-lowering capabilities.

The expansion of the organised food sales industry is projected to increase consumer access to processed fish, notably canned and frozen fish products. This is predicted to have a favourable effect on market growth. In India, the business for health and wellness foods is expanding rapidly. As previously said, fish is regarded as a healthy diet since it contains high quantities of digestible protein, PUFA, and cholesterol-lowering capabilities. In the next years, increased awareness of fish as a food linked with health and wellbeing is projected to have a beneficial influence on its consumption.

India is also developing as a prominent fish exporter, with export values increasing at double-digit rates. Currently, the country is a major provider of frozen shrimp and frozen fish to a variety of worldwide markets.

Sample Report

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