In 2023, the volume of pelagic fish feed in Angola stood at 84.22 thousand metric tons, demonstrating a steady year-on-year growth of 4.88% and a CAGR of 5.9% over the last five years. Notably, the period from 2014 to 2016 saw dramatic increases, particularly in 2015 with a remarkable 202.68% year-on-year variation. Following 2016, the growth rates stabilized with modest increments, such as the 7.64% growth in 2019. For the future, forecasts predict a continuous, albeit slower, average annual growth rate of 3.12%, reaching 102.68 thousand metric tons by 2028, marking a 5-year growth rate of 16.6%.
Future trends to watch for include advancements in aqua-feed technology, shifts toward sustainable and eco-friendly feed sources, and potential impacts of climate change on pelagic fish populations. Monitoring these factors will be crucial for anticipating market dynamics and ensuring adaptive strategies in feed production.
