The projected fish meal supply in Turkey is expected to rise steadily from 2024 to 2028. Starting at 221.0 Thousand Metric Tons in 2024, the supply is forecasted to increase year-on-year by approximately 4.52% in 2025, 4.76% in 2026, 4.13% in 2027, and 3.97% in 2028. For context, the supply stood at 210.0 Thousand Metric Tons in 2023, reflecting a noticeable upward trend over the years. The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is approximately 4.35%, highlighting consistent growth in the fish meal supply volume.
Future trends to watch for include advancements in sustainable fishing practices, regulatory changes impacting the fishing industry, and shifts in global demand for fish meal driven by the aquaculture sector. Another significant factor could be the innovation in alternative protein sources that may influence the fish meal market dynamics.
