Fish meal production in Mexico stood at 136.0 thousand metric tons in 2023. Forecasts indicate a steady increase to 144.0 thousand metric tons by 2028. Year-on-year variations are fairly stable: a 1.4% increase from 2023 to 2024, a 1.5% increase in 2025, followed by a 0.7% increase in 2026, a 1.4% increase in 2027, and a 0.7% increase in 2028. The five-year CAGR stands at approximately 1.1%, demonstrating a consistent growth trend.
Future trends to watch for include fluctuations in the fishing industry due to environmental changes, regulatory impacts, and evolving demand for fish-based products. Additionally, advances in aquaculture technology and sustainable fishing practices may further influence production levels.