The processed mackerel market in Spain increased from 0.93 Euros per capita in 2013 to 1.2 Euros per capita in 2023. This represents a consistent growth trend with a compound annual growth rate (CAGR) of approximately 2.6% over the last decade. The latest available year-on-year growth rate between 2022 and 2023 is noticeable at 0.84%, while the growth from 2021 to 2022 was at 0.85%. Over the last five years, the market has grown at an average rate of 1.7% annually, highlighting stable and steady demand.
For future trends, key aspects to watch include consumer health trends, sustainable sourcing practices, and potential economic impacts on consumer purchasing power. The interest in healthy eating could bolster demand for processed mackerel. However, market growth may be tempered by economic fluctuations and competition from alternative protein sources.
