Based on the forecasted data, fish meal domestic consumption in Chile is expected to increase steadily from 2024 to 2028. The year-on-year variations indicate a growth of approximately 1.2% from 2024 to 2025, 1.2% from 2025 to 2026, 0.6% from 2026 to 2027, and 1.2% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.04%, showing a consistent upward trend.
Looking ahead, trends to watch for include:
- Changes in global fish meal demand impacting domestic consumption.
- Technological advancements in fish farming that may affect feed efficiency.
- Environmental regulations influencing fish meal production and availability.
