Analysis of freshwater fish demand in the US shows a mixture of fluctuations and stabilization over the years. From 2014 to 2023, demand has varied, peaking in 2015 with a significant 6.51% increase and dropping notably in 2020 by 16.94%. In 2023, demand stood at 1.75 million metric tons, reflecting a minor increase of 0.07% compared to the previous year. The CAGR over the past five years (2018-2023) was a modest 0.044%, indicating long-term stability with slight growth.
Projected demand from 2024 to 2028 remains constant at 1.75 million metric tons, with a forecasted CAGR of 0.07%, anticipating stability in the market. Future trends to watch for include potential impacts from environmental regulations, sustainable fishing practices, and trends in consumer dietary preferences towards plant-based proteins that may affect demand.
