In 2023, the import value of frozen clams, cockles, and arkshells to the US stood at a certain level, setting the baseline for the forecast period. From 2024 onwards, projections indicate a steady increase with modest year-on-year variations: 2024 (0%), 2025 (1.57%), 2026 (1.52%), 2027 (1.48%), and 2028 (1.45%). With a Compound Annual Growth Rate (CAGR) from 2024 to 2028 projected, the market anticipates a consistent upward trend over the five-year horizon.
Future Trends to Watch For:
- Potential impacts of climate change on shellfish resources and their supply chain. - Regulatory changes affecting seafood importation can alter market dynamics. - Consumer demand shifts towards sustainable and traceable seafood products. - Advances in aquaculture technology improving efficiency and output.