By 2028, US imports of frozen Pacific, Atlantic, and Danube salmon fillets are projected to reach $1.7524 billion, marking steady growth from 2024's $1.4802 billion. As of 2023, these imports amounted to $1.412 billion, presenting forecasted annual growth rates of around 4.66% for 2024-2025 and slightly reducing each subsequent year. The compound annual growth rate (CAGR) over 2023-2028 is anticipated to be about 4.45%, reflecting consistent demand increases.
Trends to watch for include:
- Impact of global supply chain dynamics and environmental regulations on prices and availability.
- Consumer preference shifts toward sustainably sourced seafood.
- Technological advancements in aquaculture influencing market dynamics.
