China leads the global fish meal domestic consumption by a significant margin, consuming 2.18 million metric tons in 2024, with a 4.04% year-on-year increase. Vietnam and Japan follow in distant second and third places with 0.4 and 0.36 million metric tons, respectively, both experiencing declines. The United States saw a notable increase of 5.63%, reaching 0.192 million metric tons. Malaysia marked a significant rise of 10.76%, while Norway, Taiwan, Indonesia, South Korea, Ecuador, Mexico, Australia, Faroe Islands, and New Zealand also showed positive growth. Conversely, Russia witnessed the steepest decline of 14.29% over the past year.
In terms of future trends, increasing demand for sustainable aquaculture practices is likely to spur growth in fish meal consumption, particularly in emerging markets like Malaysia and Indonesia. Developed countries may focus more on efficiency and sustainability, potentially capping high-growth rates. China's continued economic growth and shift towards higher-value aquaculture products indicate its dominance in fishmeal consumption will persist.
Top countries in Fish Meal Domestic Consumption by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,180 | 2023 | +7.39% | +4.04% | View data |
| 2 | 2 Vietnam | 400 | 2023 | +2.56% | -2.97% | View data |
| 3 | 3 Japan | 360 | 2023 | -2.7% | -2.23% | View data |
| 4 | 4 Norway | 320 | 2023 | -4.48% | +0.64% | View data |
| 5 | 5 Thailand | 280 | 2023 | +14.29% | -0.21% | View data |
| 6 | 6 United States | 192 | 2023 | -1.54% | +5.63% | View data |
| 7 | 7 Chile | 165 | 2023 | +6.45% | -1.73% | View data |
| 8 | 8 Taiwan | 159 | 2023 | 0% | +1.31% | View data |
| 9 | 9 Indonesia | 137 | 2023 | +3.79% | +3.74% | View data |
| 10 | 10 Canada | 123 | 2023 | +6.03% | -0.16% | View data |
