India Molluscs Market Size, Share, Trends and Forecast by Species, Form, Distribution Channel, and Region, 2025-2033

India Molluscs Market Size, Share, Trends and Forecast by Species, Form, Distribution Channel, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A33187

India Molluscs Market Overview:

The India molluscs market size reached USD 7.96 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 14.26 Million by 2033, exhibiting a growth rate (CAGR) of 6.20% during 2025-2033. The increasing consumer awareness of their nutritional benefits, expansion of aquaculture practices, rising seafood demand, government initiatives supporting sustainable aquaculture, and technological advancements in farming methods are contributing to the market growth.

Report Attribute
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024 USD 7.96 Million
Market Forecast in 2033 USD 14.26 Million
Market Growth Rate 2025-2033 6.20%


India Molluscs Market Trends:

Government Initiatives and Policy Support

The Indian government has introduced several strategic initiatives to strengthen the seafood sector, significantly boosting mollusc production and export potential. A cornerstone of these efforts is the Pradhan Mantri Matsya Sampada Yojana (PMMSY), launched in 2020, which allocates INR 20,050 crore to modernize the fisheries sector by enhancing production, productivity, and exports. To further support the industry, the government has slashed import duties on key seafood feed components—reducing duties on fish lipid oil and algal prime from 15% to zero, and on prawn and shrimp feed from 15% to 5%. These reforms aim to lower production costs and make Indian seafood more competitive in global markets. As a result, marine product output rose from 141.64 lakh tons to 182.70 lakh tons over the same period. Collectively, these policy moves are reinforcing India's position as a major player in the global seafood trade.

India Molluscs Market Size

Expansion of Export Markets and Targets

India is strategically broadening its seafood export portfolio, targeting premium markets such as the USA and Europe to boost overall trade value. The government has set an ambitious goal to raise seafood exports from USD 8 billion to USD 12 billion within two years, with a strong focus on value-added products and compliance with robust labor and environmental standards. The USA continues to be India’s top seafood export destination, contributing 34.53% of export earnings in USD terms and importing 3,29,192 metric tons (MT) in 2023–24, which represents 18.48% of the total export volume. Other key markets include China, Japan, Vietnam, and Thailand, reflecting a well-diversified export base that reduces overdependence on any single region and strengthens the global footprint of Indian molluscs. Supporting this growth, India's total marine product exports rose from 13.29 lakh tons in 2019–20 to 18.19 lakh tons in 2023–24. This expansion underscores India’s rising prominence in international seafood trade, driven by strategic market targeting and consistent quality standards.

India Molluscs 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, form, and distribution channel.

Species Insights:

  • Crassostrea
  • Ruditapes Philippinarum
  • Scallops
  • Others

The report has provided a detailed breakup and analysis of the market based on the species. This includes crassostrea, ruditapes philippinarum, scallops, and others.

Form Insights:

  • Frozen
  • Canned

A detailed breakup and analysis of the market based on the form have also been provided in the report. This includes frozen and canned.

Distribution Channel Insights:

India Molluscs Market By Distribution channel

  • Hypermarkets and Supermarkets
  • Convenience Store
  • Online
  • Others

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes hypermarkets and supermarkets, convenience store, online, 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 Molluscs Market News:

  • July 2024: The Union Budget 2024 introduced significant initiatives for fisheries and aquaculture, aiming to boost sustainable practices and enhance productivity. Key measures include increased funding for infrastructure development, modernization of fishing harbors, and promotion of value-added products.
  • June 2024: ​India's seafood exports reached an all-time high of 1.78 million metric tons in FY 2023–24, valued at INR 60,523.89 crore (USD 7.38 billion). While frozen shrimp and fish were among the top exports, molluscs like squid, cuttlefish, and octopus also contributed significantly.

India Molluscs Market Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Million USD
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Species
  • Form
  • Distribution Channel
  • Region
Species Covered Crassostrea, Ruditapes Philippinarum, Scallops, Others
Forms Covered Frozen, Canned
Distribution Channels Covered Hypermarkets and Supermarkets, Convenience Store, Online, Others
Regions Covered North India, South India, East India, West India
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the India molluscs market performed so far and how will it perform in the coming years?
  • What is the breakup of the India molluscs market on the basis of species?
  • What is the breakup of the India molluscs market on the basis of form?
  • What is the breakup of the India molluscs market on the basis of distribution channel?
  • What are the various stages in the value chain of the India molluscs market? 
  • What are the key driving factors and challenges in the India molluscs market?
  • What is the structure of the India molluscs market and who are the key players?
  • What is the degree of competition in the India molluscs 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 molluscs market from 2019-2033.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the India molluscs 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 molluscs 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.

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India Molluscs Market Size, Share, Trends and Forecast by Species, Form, Distribution Channel, and Region, 2025-2033
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