The forecast for fish meal domestic consumption in Thailand shows a steady and slight upward trend from 2024 to 2028, with values rising from 275.0 thousand metric tons in 2024 to 278.0 thousand metric tons by 2028. The year-on-year variation is minimal, with a consistent increase of approximately 0.36% annually. Compared to the base year of 2023, where the value stood at 274.0 thousand metric tons, the compound annual growth rate (CAGR) over the five-year forecast period is approximately 0.29%.
Future trends to watch for include possible changes in domestic demand influenced by the aquaculture industry’s growth, global fish meal market conditions, shifts in export-import policies, and potential advances in alternative feed technologies that might affect fish meal consumption patterns in Thailand.
