The forecast for Japan's pelagic fish market size volume per capita from 2024 through 2028 shows a gradual decline from 13.65 kg in 2024 to 13.55 kg in 2028. Compared to historical data, this indicates a slight downward trend, reflecting a consistent decrease of approximately 0.07% per year. In contrast, the projected Compounded Annual Growth Rate (CAGR) from 2024 to 2028 shows a marginal average yearly decline. In 2023, the pelagic fish market stood at a similar level, suggesting stability but with a slight trend towards reduction.
Future trends to watch for include:
- Potential changes in consumer preferences towards other sources of protein due to health or sustainability concerns.
- Impact of government policies promoting domestic seafood consumption.
- Fluctuations in global fish stocks and the sustainability of fishing practices.
- Evolving technological advancements in aquaculture to boost domestic supply.
