Key Market Indicators
Fish meal production in South Africa is forecast to reach 118 thousand metric tons by 2026. This is a slight increase from the 115 thousand metric tons recorded in 2021, when South Africa ranked 11th in the world. However, since 1969, the country's production has declined by an average of 1.7% annually. Iceland currently leads the world in fish meal production, with 115 thousand metric tons recorded in 2021. Vietnam, Chile, and China ranked second, third, and fourth respectively.
South Africa Fishmeal Market Data and Forecasts
How much will South Africa Fishmeal Market grow to 2026?More in Fishmeal Industry for 2027
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Existing trends in the cornmeal industry are shaping its growing trajectory. Namely, an increasing consumer demand for natural and organic-based food products has led to industry-wide adaptations. The escalation of health-conscious consumers has also driven significant growth in the gluten-free product segment, where cornmeal is a key ingredient. Furthermore, the...Read more