In 2023, the pelagic fish feed volume in Norway stood at X thousand metric tons. The forecasted data from 2024 to 2028 indicates a gradual decline in volume. From 2024 to 2025, we see a year-on-year decrease of approximately 1.15%. This downward trend continues with a year-on-year decline of around 1.14% from 2025 to 2026, 1.13% from 2026 to 2027, and 1.12% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year forecast period (from 2024 to 2028) is approximately -1.1%.

Future trends to watch for include:

Environmental impact regulations affecting fish feed production.
Technological advancements in sustainable feed alternatives.
Market demand fluctuations driven by changes in global fish consumption patterns.