The employment in the U.S. aquaculture sector has shown moderate growth from 2013 to 2023. The number of people employed in 2023 stood at 7.5 thousand. Year-on-year variations indicate fluctuations, with significant growth periods such as 2015, which experienced a 7.59% increase. A notable downturn occurred in 2020, when employment decreased by 2.65%. Recent years from 2021 to 2023 showed minimal increases below 1%, signaling rather stable employment levels.
When considering the Compound Annual Growth Rate (CAGR), the last five years indicate an average annual increase of 0.46%. Going forward, forecasts suggest a stability with a slight increase in employment, projected at an average annual increase of 0.13%, reaching 7.56 thousand in 2028.
Future trends to watch for include advancements in aquaculture technology, the impact of regulatory changes, and shifts in consumer demand for sustainable seafood, which could notably affect employment rates in the sector.
