The forecasts for crustaceans' non-food uses in China from 2024 to 2028 indicate a stable demand, with expected consumption holding steady at 40.0 metric tons each year. As of 2023, the actual figure for such uses is not specified, but given the constancy in projected values, it suggests that current levels are not expected to shift significantly.
The absence of year-on-year variation points to a stagnant market, with no growth or decline anticipated over this forecast period. Consequently, the compound annual growth rate (CAGR) over the last five years remains neutral.
Future trends to watch include potential innovations in biotechnology and sustainable materials which could spur increases in non-food applications of crustaceans, along with regulatory changes that might impact the industry landscape. Monitoring consumer attitudes towards sustainability and alternative materials will also be essential.
