The pelagic fish market in the US is projected to progressively decline in volume per capita from 2.53 kilograms in 2024 to 2.46 kilograms in 2028. This marks a slow but steady decrease noticed from a baseline of 2.53 kilograms in 2023. Year-on-year, the market faces slight contractions ranging around -0.79% to -0.81% each year. Over a 5-year horizon, the compound annual growth rate (CAGR) is approximately -0.57%, highlighting a downward trend.
Future trends to watch for include shifts in consumer preferences towards plant-based proteins, which may continue to impact the demand for pelagic fish. Additionally, sustainability concerns and environmental regulations may further affect market dynamics and consumer behaviors in the seafood industry.
