Project Report For Catla Fish
Project report for Catla Fish is as follows.
Catla genus freshwater fish are rarely found in brackish water. This species is found in lakes, ponds, bells, floodplains, canals, ditches, haors, lakes, and bells. Fresh fish is usually sold, and both the market price and consumer demand are high.
Catla fish are now widely raised commercially in areas where they are available. Its popularity in carp polyculture systems has grown due to its faster rate of development, compatibility with other major carp, unique surface feeding behavior, and customer preference. More information about this type of carp fish can be found below.
The Indian fish industry is expected to be worth around INR 1,232 billion in 2020. The sector is expected to grow at a 10.5 percent CAGR between 2021 and 2026, reaching nearly INR 2,243 billion by 2026. Currently, the country is a major fish producer in the world.
The Indian fish market was worth INR 1,004 billion in 2017. The market is expected to reach INR 1,821 billion by 2023, expanding at a 10.4% CAGR between 2018 and 2023.
India is now one of the world’s leading fish producers. Private consumption and export of fish in India have increased significantly in recent years.
Market Potential Of Catla Fish
India is presently one of the top fish producers in the world, accounting for nearly 6% of all seafood produced worldwide. In India, both domestic consumption and exports of fish have significantly grown in recent years.
Over the past few years, there has also been a gradual increase in the quantity of fish consumed per person. Several factors are presently having an impact on Indians’ consumption of fish.
These include lifestyle changes, a rise in the cost of meat, and the growing acceptance of fish as a heart-healthy food source with a high content of PUFA and cholesterol-lowering properties.
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 favorable effect on market growth. In India, the business of 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 well-being is projected to have a beneficial influence on its consumption.
India is also emerging as a significant seafood exporter, with double-digit growth rates in export values. Currently, the nation is a significant supplier of frozen fish and shrimp to a number of international marketplaces.
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