The forecasted freshwater fish market size volume in the Philippines is projected to display a steady but modest growth from 2024 to 2028, starting at 805.11 thousand metric tons in 2024 and reaching 807.9 thousand metric tons by 2028. Compared to 2023, the year-on-year growth from 2024 onwards shows incremental increases, reflecting sustained demand with slight variability. The compound annual growth rate (CAGR) over this five-year period is marginal, indicating stable market conditions with no significant fluctuations.
Future trends to watch for include potential impacts from climate change on freshwater ecosystems, technological advancements in aquaculture, shifts in consumer preferences towards sustainable and locally-sourced products, and possible government regulations affecting the fishing industry. Monitoring these factors will be crucial for understanding and navigating the future landscape of the freshwater fish market in the Philippines.
