The demersal fish market in China is projected to grow steadily from 5.04 million metric tons in 2024 to 5.11 million metric tons by 2028. This represents a gradual year-on-year increase of approximately 0.4% to 0.5%. As of 2023, the market size stood at just under 5.0 million metric tons, showcasing a consistent upward trend into the forecast years. The compound annual growth rate (CAGR) over the five-year forecast period highlights modest yet stable growth in demand.
Future market trends to watch for include:
- Potential shifts in consumer preferences towards sustainable seafood options.
- Government policies impacting fishing practices and environmental regulations.
- Technological advancements in aquaculture and supply chain management.