Project Report For Fishery

The overall fish production in 2020-21 is expected to be 12.60 million metric tonnes, with approximately 70% coming from the urban sector and about 50% coming from cultural fisheries. More than 50 distinct varieties of fish and shellfish items are shipped to 75 different nations worldwide. Fish and fish products are now India’s largest agricultural export group, accounting for 13.77 lakh tonnes in volume and Rs. 45,106.89 crore in value. This accounts for around 10% of total exports and almost 20% of agricultural exports and contributes approximately 0.91 per cent of the country’s GDP and 5.23 per cent of its farm Gross value.

A fish market is a place where people may buy and sell fish and fish products. 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.

Fish consumption per capita has steadily increased during the last few decades. We anticipate that the consumption of fish will continue to rise in the future years as a result of rising disposable incomes and changing dietary preferences. The expansion of the organised food retail industry is projected to enhance consumer access to processed fish, notably canned and frozen fish products. This is anticipated to have a favourable effect on market growth.

In India, the industry for health and wellness foods is expanding rapidly. 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.