India Carp Market

India Carp Market Overview:

The India carp market size reached USD 17.16 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 31.61 Billion by 2033, exhibiting a growth rate (CAGR) of 6.50% during 2025-2033. The market is primarily driven by elevating domestic demand, owing to shifting dietary preferences, government support for aquaculture infrastructures, favorable climatic and geographic conditions for carp farming, technological advancements in fish breeding, and private sector investments that improve production efficiency, cold chain logistics, and access to organized retail and export markets.

India Carp Market Trends:

Rising Domestic Consumption Due to Changing Dietary Patterns

One of the key drivers of the India carp market is surging domestic consumption due to changing eating habits. Conventionally, fish was a mainstay in seashore and riverine states, but lifestyle and nutrition consciousness changes in recent times have extended its popularity nationwide. Carp, as a freshwater fish that is cheap, nutritious, and easily found, is now a sought-after protein substitute among middle- and lower-class consumers. With increasing health awareness, customers are extensively inclined toward low-fat and high-protein diets. Carp is also such a nutritional type, particularly in comparison with red meat, making it an appealing choice for the health-conscious community. Furthermore, rising urbanization and the emerging trend of nuclear families have propelled the demand for easily accessible, quick-to-cook protein sources. Supermarkets and online food delivery platforms now carry cleaned and packaged carp, making it even easier for the customer.

Climate and Geographical Suitability for Carp Farming

Another driver of the India carp market is the beneficial climatic and geographical conditions of the country for freshwater carp fish farming. In contrast to the above-discussed drivers, which are based on consumer attitudes and government encouragement, this driver is environmental in nature—an underappreciated but fundamental pillar of aquaculture success. India has an extensive system of rivers, lakes, ponds, reservoirs, and irrigation canals that offer the best environment for freshwater fish such as carp. India has over 2.4 million hectares of fresh water underutilized for aquaculture. The water bodies experience 25°C to 30°C temperatures for the greater part of the year, a suitable temperature range for carp growth and reproduction. This renders India naturally most suitable for raising common carp species like Rohu, Catla, and Mrigal that are well adapted in these environments. In addition, most Indian states—particularly the eastern and southern ones—are endowed with ample rainfall and rich nutrient waters supporting plankton blooms, a natural food for carp. The geographic configuration also allows for a wide range of aquaculture systems, ranging from extensive pond culture in rural villages to semi-intensive and intensive ones in peri-urban areas.

India Carp Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on species, product, source, and distribution channel.

Species Insights:

• Silver Carp 
• Grass Carp 
• Crucian Carp 
• Common Carp 
• Bighead Carp 
• Others 

The report has provided a detailed breakup and analysis of the market based on the species. This includes silver carp, grass carp, crucian carp, common carp, bighead carp, and others.

Product Insights:

• Gutted and Headfish
• Semi-Fillets
• Fillets 
• Others

A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes gutted and headfish, semi-fillets, fillets, and others.

Source Insights:

• Wild Capture 
• Aquaculture 

The report has provided a detailed breakup and analysis of the market based on the source. This includes wild capture and aquaculture.

Distribution Channel Insights:

• Hypermarkets and Supermarkets 
• Fish Shops 
• Open Markets 
• Online Stores 
• Others

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes hypermarkets and supermarkets, fish shops, open markets, online stores, and others.

Regional Insights:

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

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Carp Market News:

• November 2024: ​On World Fisheries Day, Varanasi officials released 75,000 Indian major carp fingerlings into the Ganga River to enhance the aquatic ecosystem and support local fishing communities. This initiative aimed to replenish fish populations, thereby improving biodiversity and providing economic benefits to fishermen. ​
• ​August 2024: The Chennai Metropolitan Development Authority (CMDA) announced that it would construct a modern fish market complex in Kolathur at an estimated cost of INR 53 crore, covering 4.5 acres. This two-story facility will house 180 shops, benefiting approximately 300 fish vendors.

India Carp Market Report Coverage:

Key Questions Answered in This Report:

• How has the India carp market performed so far and how will it perform in the coming years?
• What is the breakup of the India carp market on the basis of species?
• What is the breakup of the India carp market on the basis of product?
• What is the breakup of the India carp market on the basis of source?
• What is the breakup of the India carp market on the basis of distribution channel?
• What are the various stages in the value chain of the India carp market? 
• What are the key driving factors and challenges in the India carp market?
• What is the structure of the India carp market and who are the key players?
• What is the degree of competition in the India carp market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India carp market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India carp market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India carp industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.