The forecast for Pelagic Fish Feed in Sweden shows a consistent decline from 2024 to 2028. In 2023, the volume of Pelagic Fish Feed stood at 24.5 thousand metric tons. The year-on-year percentage trends indicate a decreasing market size: -8.84% in 2024, -8.84% in 2025, -9.56% in 2026, -10.30% in 2027, and -11.25% in 2028. Over the five-year period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) is approximately -9.36%, reflecting a significant downward trend.
Future trends to watch for:
- Environmental and sustainability concerns impacting feed production and consumption.
- Technological advancements in aquaculture feed to optimize efficiency and reduce waste.
- Regulatory changes in fishing policies and industry standards.
- Market shifts due to economic factors and consumer demand.