In 2023, the Global Freshwater Fish Feed market showed varied performances across different countries. Cambodia led with a volume of 177.0 thousand metric tons, displaying a year-on-year increase of 3.37%. Chile and Sri Lanka remained stable with no significant change at 45.0 and 20.0 thousand metric tons, respectively. Norway and Mali, however, experienced declines with -4.9% and -3.74% year-on-year variation, recording volumes of 35.0 and 4.71 thousand metric tons, respectively. Over the last five years, the compounded annual growth rate (CAGR) indicates the average yearly trends provide deeper insights into these variations.
Future trends to watch for in the Global Freshwater Fish Feed sector include potential market expansions in Southeast Asia due to increasing demand and technological advancements in aquaculture. Economic and environmental factors, regulatory changes, and sustainable practices will also play critical roles in shaping the industry’s growth dynamics.
Top countries in Freshwater Fish Feed by Country
| # | 5 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cambodia | 177 | 2023 | +3.51% | +3.37% | View data |
| 2 | 2 Chile | 45 | 2023 | +2.27% | 0% | View data |
| 3 | 3 Norway | 35 | 2023 | -5.41% | -4.9% | View data |
| 4 | 4 Sri Lanka | 20 | 2023 | 0% | 0% | View data |
| 5 | 5 Mali | 4.71 | 2023 | -6.36% | -3.74% | View data |
